Monday, May 29, 2017
Money

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Discover the most recent money news!

Softbank confirms $32B acquisition of U.K.-based chipmaker ARM to target ‘Internet...

Japanese telecom giant SoftBank has confirmed earlier rumors that it planned to acquire U.K.-based semiconductor chip-maker ARM Holdings (ARM) in a £24.3 billion ($32...

Mobile users spent more time on Pokemon Go than Facebook

Pokemon Go has surpassed the next milestone in taking over every aspect of your life, with users spending more time on average playing the...
Nokia and Samsung announce expanded patent licensing deal

Nokia and Samsung announce expanded patent licensing deal

Nokia and Samsung are cozying up together for the second time this year after the duo announced an expansion of the patent licensing deal...
Thomson Reuters to sell IP & science business for $3.55 billion

Thomson Reuters to sell IP & science business for $3.55 billion

Thomson Reuters Corp (TRI.TO) said it agreed to sell its intellectual property and science business to private equity firms Onex Corp (OCX.TO) and Baring...
Virgin Atlantic signs $4.4 billion order for 12 A350s

Virgin Atlantic signs $4.4 billion order for 12 A350s

Virgin Atlantic signed a deal to buy 12 Airbus (AIR.PA) A350-1000 aircraft as part of a $4.4 billion (£3.4 billion) order which will help...

Facebook faces tax heat for assets that may have been undervalued...

Facebook is facing the heat from U.S. tax authorities, as news emerged this week that the U.S. Department of Justice (DoJ) has sought a...
Avast acquires rival AVG for $1.3 billion to create a security software giant

Avast acquires rival AVG for $1.3 billion to create a security...

Security software giant Avast Software has acquired rival AVG Technologies. Avast will pay $25 cash for each of AVG’s outstanding ordinary shares, in a...
Samsung predicting strongest operating profit in two years for Q2 2016

Samsung predicting strongest operating profit in two years for Q2 2016

Samsung today has issued its earnings projection for the second quarter of this year. The company announced that it is expecting an operating profit...
Berlusconi : AC Milan 'sold' to Chinese consortium

Berlusconi : AC Milan ‘sold’ to Chinese consortium

Former Italian Prime Minister Silvio Berlusconi says he has sold football club AC Milan to a Chinese consortium. Berlusconi, who owns the Serie A team,...
most important skill

The Most Important Entrepreneurial Skill You must have!

  “The ability to sell is the number one skill in business. If you cannot sell, don’t bother thinking about becoming a business owner.” –...
Future Publishing buys Imagine for $21m

Future Publishing buys Imagine for $21m

U.K.-based publisher Future Publishing today announced it is in the process of acquiring Imagine Publishing for £14.2 million ($21 million) worth of shares, continuing the...
Alphabet’s ‘Other Bets’ adopting new performance-based stock compensation

Alphabet’s ‘Other Bets’ adopting new performance-based stock compensation

The goal of last year’s Alphabet re-org was to effectively turn Google’s many research divisions into startups that make profitable products and services. To better...
Five companies considered buying LinkedIn

Five companies considered buying LinkedIn

A new SEC filing posted Friday gives more clarity about what led up to Microsoft acquiring LinkedIn for over $26 billion. And they prove...
Apple in Talks to Acquire Jay Z's Streaming Music Service Tidal

Apple in Talks to Acquire Jay Z’s Streaming Music Service Tidal

If you can’t beat ’em, buy ’em. Apple is in discussions with Tidal about acquiring its music streaming app, which offers exclusives and early...
OnePlus warns its customers that the effects of Brexit could impact its business in the UK

OnePlus warns its customers that the effects of Brexit could impact...

That the UK-EU referendum’s result has come as a shocker is not news anymore, but while the how and when of Britain leaving the EU may...
Microsoft Accelerator’s London Demo Day

Microsoft Accelerator’s London Demo Day

Microsoft Accelerator’s London Demo Day on June 30th from 7:30-10:00am PT, 3:30-6pm GMT. The Microsoft Accelerator is an immersive three- to six-month program aimed at helping entrepreneurs...
Adidas and Kanye West expand their partnership with planned sports gear and Yeezy retail stores

adidas and Kanye West Make History with Transformative New Partnership adidas...

The Most Significant Partnership Ever Created Between an Athletic Brand and a Non-Athlete Los Angeles, June 29, 2016 - Today, adidas announced the cementing of its long-term relationship...
Siemens to Invest EUR 1 Billion in New Startups Unit

Siemens to Invest EUR 1 Billion in New Startups Unit

German industrial group Siemens (SIEGn.DE) plans to invest 1 billion euros ($1.1 billion) over the next five years in a new startups unit to...
U.S.-UK 'special relationship' seen untouched after Brexit

U.S.-UK ‘special relationship’ seen untouched after Brexit

WASHINGTON - The United States looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves...
Barclays and RBS suspended from trading after Brexit financial crash

Barclays and RBS suspended from trading after Brexit financial crash

UK shares have remained volatile in the wake of the Brexit vote, with trading in Barclays temporarily suspended and airline Easyjet falling more than...

UK tech sector reacts to Brexit

Now the UK has decided to leave the European Union, technology firms have been left to wonder what the future holds. As news of Brexit...
Twilio IPO: Unicorn start-up faces its Wall Street test

Twilio IPO: Unicorn start-up faces its Wall Street test

You may not have heard of it, but you're likely to have used it. Twilio is a platform that enables developers to incorporate phone...
Google Fiber is buying high-speed internet provider Webpass

Google Fiber is buying high-speed internet provider Webpass

Google Fiber is bulking up its business after it announced a deal to acquire ISP Webpass, a 13-year-old company that provides high-speed internet for business and...
Samsung to Invest $1.2 Billion in IoT Research in US

Samsung to Invest $1.2 Billion in IoT Research in US

Samsung announced plans Tuesday to invest $1.2 billion (roughly Rs. 8,111 crores) for US-based research over the next four years on "human-centered" applications for...
Yahoo's Tumblr Launches Live Video

Yahoo’s Tumblr Launches Live Video

Tumblr, the Yahoo-owned blogging platform, said Tuesday it was launching live video to help compete against similar offerings from Facebook and Twitter. The new feature,...
Facebook Signs Deals With Media Companies, Celebrities for Facebook Live

Facebook Signs Deals With Media Companies, Celebrities for Facebook Live

Facebook Inc (FB.O) has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the...
Tesla made a $2.8 billion offer to buy SolarCity

Tesla made a $2.8 billion offer to buy SolarCity

Tesla made a $2.8 billion offer to buy SolarCity. Both are Elon Musk’s companies (he owns 21% of Tesla and 22% of SolarCity). US electric...
China: Bank employees publicly spanked for poor performance

Video: Bank employees publicly spanked for poor performance

Eight employees of a rural bank in China have been publicly spanked for poor performance. https://www.youtube.com/watch?v=ICtQQFzri0w%20 A cellphone video of a man with a wooden stick...
Women Entrepreneurs

Working Your Buzz Off?  It’s a Bee-Sy World For Women Entrepreneurs!

The Forbes list of successful entrepreneurs is dominated by men.  But, there are many women entrepreneurs who have taken the bull by its horns...
Mark Zuckerberg just made a big investment that pays young people in Africa to learn code Andela

Mark Zuckerberg just made a big investment that pays young people...

Andela, a two-year-old startup, trains software developers in Africa and gives them full-time roles at international companies. It already employs nearly 200 engineers in its...

BUHARISM, BUHARITICS AND BUHARICONOMY: ASSESSMENTS OF PMB 365 DAYS IN OFFICE

Without doubt, President Muhamadu Buhari (PMB) ascended office as the President of Nigeria, the largest black nation in the world and the powerhouse of...

Why Bankers Just Said No To Your Start-up?

The process of getting a start-up loan can feel a lot like trying to climb Mt. Everest. Without any gear. There are blizzards of...

The True Meaning Of Patience: A Fine Art!

For many entrepreneurs, success can be reached despite countless obstacles. How many times do you get knocked down and you get back up? And...

Why You Need To Have A Powerful Executive Summary

Why You Need To Have A Powerful Executive Summary One of the first big hurdles any aspiring entrepreneur will face is securing enough funding to...

Top 10 African countries to invest in 2016

As the world continues to witness a paradigm shift from business to politics, 2016 ushers a wave of opportunities never imagined. A look into business...

Yahoo is for sale; bidders line up; Marissa Mayer is toast

Yahoo is for sale, and bidders are lining up to grab their own, ever-shrinking piece of Internet history. The once-great Internet pioneer is entertaining offers...reluctantly....

Why Being Hungry Is Good For Entrepreneurs

Do you know what you call an entrepreneur who’s NOT “hungry?” A starving entrepreneur. The simple truth is that if you’re not hungry enough for...

Living Your Passion: Reality or Fiction?

“Be Like the Bluebird who never is blue, for he knows from his upbringing what singing can do.” –Cole Porter, Be Like the Bluebird,...

6 Stupid Office Rules that should be Banned

Rules in the workplace. Without them we'd have anarchy right? Or would we? According to an article by Dr Travis Bradbury in the Huffington Post most...

Microsoft confirms it has acquired SwiftKey

Microsoft has now confirmed that it has acquired SwiftKey, the London-based company behind the popular predictive keyboard app of the same name. According to...

Save Your Hard Earned Money with Online Shopping Portals

The New Year has started and well, what are we talking about? It’s been an entire month since this year kicked in. Since the...

Oprah just made $17m in one hour from a single tweet.

The media mogul and the largest individual stakeholder in Weight Watchers International Inc. tweeted a video at 12:09 p.m. Eastern time professing that she...

This Habit Determines the Altitude of Your Success

Every person on Earth has 24 hours a day. What you do with your time says more about you than what you say about...

Does An Increase Of Money Decrease Stress and Worry?

How many times did you think or hear someone say that they will stop being stressed they day they solve their money issues? It's...

How Personal Credit Affects Your Business

I was working with a new start-up located in Virginia. The owner, as with most entrepreneurs, had challenges on his credit report due to...

The Politics of Business Transformation

Decisions to transform a business are the product of organisation and political processes, but political coalitions exist in most organisations, which can support or...

China’s yuan set for IMF reserve status

The Chinese yuan is today (Monday) set to join a select group of currencies by receiving reserve status from the International Monetary Fund (IMF). The...
video

Founders of Microsoft, Facebook, LinkedIn, Amazon, and more to invest in...

Bill Gates and a group of elite private investors — including Facebook cofounder Mark Zuckerberg, Alibaba cofounder Jack Ma, Amazon founder Jeff Bezos, LinkedIn...

7 Truths to Set Yourself Up for Success

Success comes in different forms and it means different things to different people. There isn't a precise formula to follow to be successful nor...

2015 global surface temperatures set to be hottest on record-UN

This year is set to be the hottest on record and 2016 could be even hotter due to the current El Nino weather pattern,...

Beyonce and Arcadia confirm 2016 launch

Tycoon Sir Philip Green’s Arcadia retail empire is gearing up to unveil its long-awaited fashion range with pop star Beyoncé. The confirmation that Parkwood Topshop...

Apple Has Acquired Faceshift, Maker Of Motion Capture Tech Used In...

Techcrunch said today that Apple had confirmed the acquisition in a statement. MacRumors had previously uncovered strong evidence that Apple bought Faceshift back in August. As...

10 occurrences making news in finance world today

Here are 10 things making news in business and finance around the world today,November 23,2015. 1. SYDNEY — The Australian dollar is higher, after positive...

Our investments will boost Nigeria’s exports – Japanese Govt

The Japanese government has explained that the increasing number of japan investors in Nigeria over the past year will ultimately boost the volume of...

How bloggers earn serious money on Instagram

AN Australian model and teenage blogger captured the world’s attention when she quit social media a fortnight ago. Essena O’Neill’s followers — more than a...

Tinder owner Match Group prices IPO at $12 a share

Match Group, the IAC-owned and -controlled parent company of some of the world's biggest dating apps and websites, priced its initial public offering at $12 per...
video

President Obama interviews Alibaba billionaire Jack Ma as ecommerce giant pushes...

U.S. President Barack Obama took time off at an Asia-Pacific summit on Wednesday for an unusual task - putting questions to Chinese internet billionaire...

Marriott International to buy Starwood Hotels for $12.2B

US hoteliers Marriott International and Starwood Hotels have agreed a $12.2bn (£8bn) deal to create the world's biggest hotel company. Marriott International (MAR) has agreed...

Global markets face rocky day as France opens for trade

Markets face a turbulent open on Monday after the Paris attacks, as the French stock exchange says it will open for trading as usual. World...

All ELSE is LOST: The Crisis of Rising Expectations

President Obama is a victim of the same issue that leads many couples to divorce within the first 5 years of marriage. That issue...

AB InBev buys rival SABMiller for $172 billion

THE world’s top brewer Anheuser-Busch InBev (ABI.BR) clinched Wednesday a gigantic $172 billion deal for its nearest rival SABMiller (SAB.L), in the third biggest takeover...

Alibaba’s Singles’ Day generates $3.9 billion in sales in the first...

Ecommerce giant Alibaba Group Holding Ltd said it generated more than $3.9 billion in gross merchandise volume (GMV) within the first hour of its...
video

Candy Crush maker King bought by Activision Blizzard

Video game maker Activision Blizzard (ATVI.O) will buy "Candy Crush Saga" creator King Digital Entertainment (KING.N) for $5.9 billion, as the heavyweight of console...

MTN seeks to cut $5.2bn Nigerian fine

Africa's biggest mobile operator MTN, has restarted after earlier being suspended following a huge fine imposed by Nigerian authorities. Trading in MTN Group was halted...

China manufacturing activity shrinks

Activity in China's vast manufacturing sector shrank in October for the third straight month, officials said Sunday, fuelling fears that growth in the world's...

The shares you wish you’d bought

IF YOU haven’t bought their products, you’ve definitely walked past them in the supermarket aisle. But don’t you wish you’d bought a stake in...

Oil-rich kingdom could run out of cash

WATCHING your bank account dwindle by $930 billion in five years is a scary prospect. But that’s the reality facing one of the world’s...

Alphabet is buying back more than $5B in stock

Today, Alphabet, the umbrella company which owns Google, Nest, and all of Google’s money-eating “moonshot” experiments, announced plans to buy back more than $5...

DANGEROUS DEAL: China’s newest plan ‘verging on insane’

THE Chinese government is set to announce a major stake in a UK nuclear power plant, in a game-changing move that has prompted warnings...

JP Morgan profit misses expectations

Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts' expectations. The largest US bank...

HOW TO

Who called the LinkedIn Police?

Last week I wrote a serious social commentary piece about whether oversharing on social platforms could lead to serious consequences. In that article, I...

You are extraordinary. Believe it!

The first, and one of the most challenging but crucial strategies for bolstering a sense of vitality in our lives, is to believe that...

Want Influence? Ask Great Questions

Personal Influence. Most folks like the notion of having some. My professional practice is predicated on the benefits of getting it. The right position in...

Top 12 Contributors on Business Gists

Business Gists is an online community for inspiration, educative, discovering powered by contributor worldwide where everybody are welcome. Our mission is to provide the...
The Must-Have Social Media Marketing Tool Checklist

The Must-Have Social Media Marketing Tool Checklist

There are now 2.8 billion people using Social Media worldwide. This is 21% higher than 2015, and this number will continue to grow throughout...