Shares of Acxiom fell roughly 11 percent in premarket trading Thursday after Facebook ended its partnership with the data broker as result of the social media’s data privacy scandal. As a result, Acxiom warned 2019 revenue could be hit by as much as $25 million. Facebook announced it would shut …
Read More »Monthly Archives: March 2018
Overstock.com stock offering canceled, source says; shares rise
Ken James | Bloomberg | Getty Images A United Parcel Service Inc. (UPS) worker loads orders onto a truck in the shipping area at the Overstock.com Inc. distribution center in Salt Lake City, Utah. E-commerce company-turned-blockchain play Overstock.com’s 4 million share offering has been canceled, according to a source familiar …
Read More »Boycott sponsors of Fox’s Laura Ingraham
Jonathan Ernst | Reuters David Hogg, a student at the Marjory Stoneman Douglas High School, site of a February mass shooting which left 17 people dead in Parkland, Florida, thrusts his fist in the air as he speaks during the “March for Our Lives” event demanding gun control after recent …
Read More »Chipmaker Nvidia’s CEO says Uber does not use its self-driving processing solution
Rick Wilking | Reuters Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas, January 7, 2018. Uber Technologies does not use the self-driving platform architecture of Nvidia, the chipmaker’s Chief Executive Jensen Huang said on Wednesday. The ride-hailing …
Read More »North, South Korea to hold summit on April 27
South Korean Presidential Blue House | Getty Images In this handout image provided by the South Korean Presidential Blue House, Chung Eui-Yong (R), head of the presidential National Security Office shakes hands with North Korean leader Kim Jong-Un (L) during their meeting on March 5, 2018 in Pyongyang, North Korea. …
Read More »Saudi Arabia Aramco IPO rules by June says CMA
IAN TIMBERLAKE/AFP/Getty Images A picture taken on May 10, 2016 shows over Shaybah, the base for Saudi Aramco’s Natural Gas Liquids plant and oil production in the surrounding Shaybah field in Saudi Arabia’s remote Empty quarter desert close to the United Arab Emirates, on May 10, 2016. Saudi Arabia expects …
Read More »Renault shares rally on new media report of Nissan merger talks
Johannes Eisele | AFP | Getty Images Employees working on a car assembly line of France’s Renault and China’s Dongfeng factory in Wuhan, Hubei province, China on on February 1, 2016. Renault shares rose sharply on Thursday, with traders attributing the gain to a Bloomberg News report that Renault SA …
Read More »Uber reaches settlement with family of victim killed by self-driving car
David Paul Morris | Bloomberg | Getty Images An Uber signage is displayed outside the company’s headquarters building in San Francisco, California, on June 21, 2017. The family of the woman killed by an Uber Technologies self-driving vehicle in Arizona has reached a settlement with the ride services company, ending …
Read More »Japan wants its own bilateral summit with North Korea
Mario Tama | Getty Images President Donald Trump and Japanese Prime Minister Shinzo Abe at the White House on February 10, 2017 in Washington, DC. Japanese Prime Minister Shinzo Abe’s government, worried about being sidelined at a proposed meeting between President Donald Trump and North Korean leader Kim Jong Un, …
Read More »US trade approach sets bad precedent, may trigger domino effect
Nicolas Asfouri | AFP | Getty Images US President Donald Trump and China’s President Xi Jinping leave a business leaders event at the Great Hall of the People in Beijing on November 9, 2017. China’s commerce ministry said on Thursday the U.S. approach on trade sets a bad precedent that …
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