Aug 10, 2017
Tencent and Amazon have invested $300 million in Andy Rubin's smartphone company Essential. Essential hasn't launched its phone yet but says it will in the coming weeks. The company has lost three executives in recent weeks.
Aug 03, 2017
Hans Suss - Customer Relations Yelp shares are up 19% in after-hours trading on the news. Shares of Grubhub were up 1.6%.
Aug 01, 2017
Hans Suss - Customer Relations Walgreens and Rite Aid announced that they are no longer combining forces. Not entirely, at least. Instead, Walgreens agreed to buy 2,186 Rite Aid stores for $5.2 billion.
Jul 26, 2017
Hanssuss - Customer Relations "As we move into 2017, Baidu's strategic evolution from a mobile-first to an AI-first company continues to gain momentum." ~ Robin Li, Chairman and CEO, Baidu, Inc. There was a time when Baidu, Inc.
Jul 24, 2017
Hans Suss - Customer Relations The company generated enormous hype when it went public in March. But it continues to bleed red ink. User growth is slowing, an alarming sign for a social media platform that's relatively young.
Jul 19, 2017
Owning Britain's biggest pay TV provider won't become reality until at least 2018.