EU News Digest Latest News & Updates
First it was Vine, then Yik Yak, then HQ Trivia: Mobile apps that shot up in downloads and took the digital world by storm. Almost just as suddenly, they all fell from public favor and off the top charts. TikTok, the latest app to skyrocket in popularity, recently unseated Instagram, …
Read More »Facebook says it’s appealing UK Information Commissioner’s Office fine
Jim Watson | AFP | Getty Images Facebook CEO Mark Zuckerberg testifies before a joint hearing of the US Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee on Capitol Hill, April 10, 2018 in Washington, DC. Facebook is appealing a £500,000 ($639,255.40) fine from the U.K.’s privacy watchdog …
Read More »How losing a job was a blessing in disguise for my music career
Jared Siskin | Getty Images Entertainment | Getty Images Janelle Monae attends the Warner Music Group Pre-Grammy Party in association with V Magazine on January 25, 2018 in New York City. For the then-aspiring singer, money was tight; explaining to Fast Company that promoting her work to fans online was …
Read More »Zuckerberg says he won’t step down as Facebook chairman
Zef Nikolla | Facebook | Bloomberg Mark Zuckerberg, chief executive officer of Facebook Inc., right, Sheryl Sandberg, chief operating officer of Facebook, left, applaud after remotely ring the opening bell for trading at the Nasdaq MarketSite from the Facebook campus in Menlo Park, California Mark Zuckerberg said he will keep …
Read More »Walgreens and Humana are reportedly in talks to take mutual stakes
Christopher Lee | Bloomberg | Getty Images A customer views merchandise for sale at a Walgreens store in the Hollywood neighborhood of Los Angeles. Drugstore chain Walgreens and health insurer Humana are in preliminary talks to take stakes in each other, Dow Jones reported Tuesday, citing unnamed sources. The reportedly …
Read More »These charts show which stores depend the most on holiday sales
Patrick Fallon | Bloomberg | Getty Images Children pose for pictures with Santa Claus at a shopping mall in Torrance, California. For many retailers, the weeks leading up to the holidays are the most important time of year. In 2017, consumers spent a whopping $687.87 billion during the months of …
Read More »Renault reportedly to replace fallen CEO Ghosn with COO Bollore
Fabrice Coffrini | AFP | Getty Images Deputy CDEO of French car maker Renault Thierry Bollore speaks during the first press day of the Geneva International Motor Show on March 6, 2018 in Geneva. French carmaker Renault plans to name its chief operating officer Thierry Bollore as an interim replacement …
Read More »CVS anticipates closing Aetna acquisition to close after Thanksgiving
Cameron Costa | CNBC Larry Merlo, CEO of CVS and Mark Bertolini, CEO of AETNA appear on Squawk Box on Dec. 4th, 2017. CVS Health now anticipates its roughly $69 billion acquisition of health insurer Aetna to close after Thanksgiving, the company said Tuesday in a regulatory filing. Executives earlier …
Read More »Mitsubishi will propose removing Ghosn from board
Marlene Awaad | Bloomberg | Getty Images Carlos Ghosn, chairman of the alliance between Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pauses during a Bloomberg Television interview at the Paris Motor Show in Paris, France, on Tuesday, Oct. 2, 2018. Mitsubishi will propose removing embattled executive Carlos Ghosn …
Read More »David’s Bridal files for bankruptcy protection
Jeenah Moon | Bloomberg | Getty Images A pedestrian passes in front of a David’s Bridal Inc. store in New York, U.S., on Wednesday, Nov. 14, 2018. Wedding dress retailer David’s Bridal filed for Chapter 11 bankruptcy protection Monday, as expected, grappling with a heavy debt load amid changing consumer …
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