Oct 27 (Reuters) – A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc (META.O) sank 20% after the Facebook parent’s costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set to lose about $67 billion in market value, if losses hold through… Continue reading Untitled
Tag: Morgan
@niche: Morgan x Malle London create the ultimate adventure ready Super 3002275
Morgan is excited to reveal a special Super 3, created in collaboration with Malle London, this ultimate adventure ready Super 3 features several bespoke details designed and engineered in house by the Morgan special projects division. This Super 3 supported riders in the Great Malle Mountain Rally, taking on a challenging 1,500-mile route through the… Continue reading @niche: Morgan x Malle London create the ultimate adventure ready Super 3002275
Legal
– Dana Baiocco, former commissioner of the U.S. Consumer Product Safety Commission, joined Morgan, Lewis & Bockius as a partner in Philadelphia. – Akin Gump Strauss Hauer & Feld made its first hire in Boston with Tim Becker and Wells Miller as partners. – Mayer Brown is joining forces with 20-lawyer firm PK Wong &… Continue reading Legal
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Oct 24 (Reuters) – Apple Inc’s (AAPL.O) earnings report on Thursday may show the best quarterly sales growth for iPhones this year but it could still foreshadow a difficult holiday period as China demand slows and inflation hits multi-decade highs. Analysts expect iPhone sales to rise 11% in the fiscal fourth quarter ended September, according… Continue reading Untitled
Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source
Elon Musk Elon Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc that he plans to close his buyout of the social media firm by Friday, according to a person familiar with the matter. Equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others have received the… Continue reading Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source
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Oct 25 (Reuters) – Elon Musk has pledged to close his $44 billion Twitter Inc (TWTR.N) deal by Friday in a video conference call with bankers who are helping fund the deal, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The banks have finished putting together the final credit agreement and… Continue reading Untitled
The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Gogo to Attend Fourth Quarter Financial Conferences
BROOMFIELD, Colo., Oct. 21, 2022 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO), the world’s largest provider of broadband connectivity services for the business aviation market, today announced that it will attend the following financial conferences in November and December. J.P. Morgan Equity Opportunities ForumDate: November 14, 2022 Location: Miami Beach, Fla. Company Attendees: Oakleigh Thorne, Chairman… Continue reading Gogo to Attend Fourth Quarter Financial Conferences
2022 ROCHESTER FRINGE FESTIVAL RECAP
Audiences Return in Full Force; Year 12 Dates Announced ROCHESTER, N.Y., Oct. 21, 2022 /PRNewswire/ — For the first time since 2019, the 11th annual Rochester Fringe Festival returned to full, in-person performances with more than 500 shows and events – including 130 free – in 34 traditional and site-specific venues from September 13-24. Fringe is… Continue reading 2022 ROCHESTER FRINGE FESTIVAL RECAP
ArcBest Partners with Integrate to Advance Neurodiversity in its Workforce
Supply chain leader is organization’s first full-scale hiring program partner in the logistics industry FORT SMITH, Ark., Oct. 20, 2022 /PRNewswire/ — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced a new partnership with Integrate Autism Employment Advisors — a non-profit organization that collaborates with companies to identify, recruit and retain professionals on the… Continue reading ArcBest Partners with Integrate to Advance Neurodiversity in its Workforce