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Tag Archives: Shares

Samsung frees up $900 million by selling minor share holdings

samsung.jpg

Samsung Electronics has generated close to $900 (£690) million by selling small share holdings it has in various companies. Purportedly the reasoning is to help generate investment funds for the core business, which will help consolidate Samsung's efforts into its major earning divisions. Companies that Samsung sold shares for includes …

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Netflix is stalling overseas: pricing and content blamed

Netflix might be a global powerhouse in the online streaming game, but its major success still lies in the U.S., where its content is richest and its pricing is competitive. Elsewhere in the world though, where that isn't always the case, it's growth is stuttering. Last week it was reported …

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Microsoft to spend $26 billion on LinkedIn buyout

Microsoft has announced that it will be buying up business-focused social network Linkedin, for a whopping $26.2 (£18.5) billion. This will be Microsoft's biggest ever acquisition in the history of the company and is even more noteworthy because it will be purchased entirely with cash, no stock will change hands. LinkedIn …

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What caused the latest Netflix stock slump?

Netflix might be the world's most popular streaming service, but that doesn't mean that everything is rosy at the company. Indeed after announcing its first quarter earnings, investors have shown their usual level of (in)stability and have sent shares crashing down more than 10 per cent in extended trading. These …

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Vivendi is trying to muscle in and take over Ubisoft

Vivendi is a company with a lot of fingers in a lot of pies, though most recently it took a step back from the gaming industry when it sold its stake in Activision/Blizzard back to the publishing giant. However it soon set its sight on another large corporation: Ubisoft, and …

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GAME’s Christmas sales fall from last year

It doesn't seem that long ago that GAME, like a number of high-street gaming and technological chain stores, was bankrupt and needed to be saved by outside finances. Since then it's had some measure of recovery, but it's not doing amazing. Christmas sales have not been as strong as expected …

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Chinese investors gain control of MEGA file locker

Following a new round of funding which saw the MEGA encrypted file locker service raise a further $7.5 million to aid continued operations, two Chinese investors have become the company's largest share holders, with only the original lead programmer retaining even a modest share of the company. The news prompted …

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Is someone going to buy Twitter?

Despite having an active user base of over 300 million people, Twitter has struggled to monetise quite like other social network giants like Facebook and it's shed many millions of users over the years. Despite revenue growth in the short term however, investors and shareholders have not been happy, so CEO …

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Reddit to give shares to the community

Reddit's current CEO, Yishan Wong, has announced that he plans to distribute part ownership of the social networking site to the community, through a new share system backed by a brand new cryptocurrency. Operating a little like bitcoin, the crpyotcurrency will have value based on Reddit's value, letting users trade it, …

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Capcom has abandoned its takeover protection scheme

It is now possible to buy Capcom as the publisher's current investors have voted to abandon the company's takeover protection plan. The protection plan was first implemented back in 2008 and has been consistently renewed since then, until now. A rigorous approval process was put in place to stop any …

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Facebook is buying WhatsApp for almost $20 billion

In one of the largest ever acquisitions of an internet based startup, Whatsapp, the messaging service used by millions around the world to send text and images to one another, is being bought by social networking giant Facebook, for a total of $19 billion in cash and company stock. The …

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Verizon isn’t buying Vodafone

Rumours surfaced yesterday, that Verizon, one of the US' biggest telecoms firms, was set to team up with AT&T (another giant) to buy out Vodafone, to the tune of £161 billion. This sent Vodafone's stock flying up, but it turns out that the rumours were false, as Verizon has now denied …

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EA drops off NASDAQ 100

EA Games

EA Games has been dropped from the NASDAQ 100, a stock market index of the top 100 non-financial businesses that feature on the NASDAQ stock exchange, with other large firms Netflix and RIM also falling from grave. However, as some leave others must take their place and Facebook and Western Digital …

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THQ is in real financial trouble

THQ Nosedive

Forget the delays previously announced for upcoming THQ games, the company's future itself may be in jeopardy, as it's now being reported that its stock has taken a further near 50 per cent slump according to Reuters. This is a harsh blow for the company which has struggled to maintain …

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