This has been a brutal year for Big Tech, as you can see in the chart below, with Meta Platforms META, +1.29% leading the way. Shares of the Facebook holding Read more
Tag: Corporate Actions
GM temporarily pauses paid advertising on Twitter following Elon Musk takeover
General Motors Co. GM, +1.81% is pausing its paid advertising on Twitter in the wake of Elon Musk’s acquisition of the social-media site, saying it wants more information about the site’s direction under its Read more
Elon Musk’s Twitter purchase has mixed reaction online: ‘What could possibly go wrong?’
Elon Musk has already fired many of Twitter’s top executives and installed himself as CEO as he has officially completed his purchase of the social media giant this week. Speculation Read more
Swedish Match recommends shareholders accept improved Philip Morris bid
STOCKHOLM–Swedish Match AB said late Thursday that it recommends shareholders accept Philip Morris International Inc.’s increased offer for the company. Philip Morris PM, -0.04% last week raised its takeover bid Read more
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
When Twitter Inc.’s top executives walked out of its San Francisco headquarters Thursday, they may as well have been carrying bags of Elon Musk’s cash. Chief Executive Parag Agrawal, Chief Read more
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
When Twitter Inc.’s top executives walked out of its San Francisco headquarters Thursday, they may as well have been carrying bags of Elon Musk’s cash. Chief Executive Parag Agrawal, Chief Read more
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others Read more
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others Read more
Inflation takes its toll on American finances as emergency funds run dry and mortgage rates surpass 7%, Freddie Mac says
Hi, MarketWatchers. Don’t miss these top stories. ‘The calm before the storm’: Employer healthcare premiums hold steady despite inflation, but experts warn that may not last Healthcare inflation will likely Read more
‘We have a deal’: EU bans new gas-fueled cars starting in 2035
The European Union reached a deal Thursday to effectively ban new gas-powered cars beginning in 2035. It’s a move seen as a key part of a broader plan to reduce Read more