It was supposed to be another one of those glittery New York nights for Richard Plepler, with a screening of a new HBO documentary followed by a dinner party at Porter House, a spacious steak restaurant with a view of Central Park. But Mr. Plepler, the HBO chief executive who announced his resignation on Thursday, […]
HALF MOON BAY, Calif. — Mark Zuckerberg’s “move fast and break things” mantra may no longer be Facebook’s modus operandi, but Silicon Valley’s demand for rapid growth is still strong. And the rise of the competitive landscape of artificial intelligence is only fueling it. Last year, venture capital investment in A.I. start-ups increased 72 percent […]
The IDA has urged Dublin City Council to give developer Johnny Ronan the go-ahead for more office space in Dublin’s Docklands that will have the capacity to accommodate an extra 1,000 Salesforce staff. Last month Salesforce confirmed plans to create 1,500 jobs over the next five years in the area. The employees are to be […]
SHANGHAI (Reuters) – Asian shares inched higher on Friday with broader gains capped by investor caution as concerns about China’s economy and global trade weighed on sentiment while stronger-than-expected U.S. GDP data pushed the dollar up. MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 percent in early trade. Japan’s Nikkei […]
She is better known for a love of copper pots than pot brownies. And the only cherry pie she seems to indulge in has a crust and is baked in the oven. But Martha Stewart, who built an empire as the doyenne of domesticity, has teamed up with a Canadian cannabis company to create and […]
William Hill’s profits tumbled last year amid challenges to its betting shops on the UK main street. Adjusted operating profit fell 15pc to £233.6m (€261m) for the 53 weeks to January 1 2019, in line with previous guidance from the board. Revenue dipped 2pc to £1.6bn (€1.86bn). Within retail, which accounts for 55pc of the […]
(Reuters) – Tesla Inc has paid off a $920 million convertible bond obligation in cash, a company spokesperson said on Friday. The bond, which matured on Friday, had a $359.87 conversion price, but the electric carmaker’s shares closed down 8 percent at $294.79, forcing the company to settle its largest ever debt payment in cash. […]
NEW YORK (Reuters) – Intellia Therapeutics Inc Chief Executive John Leonard, who U.S. drug maker Bristol-Myers Squibb Co said last week was nominated by hedge fund Starboard Value LP to sit on its board, is not affiliated with the effort, an Intellia spokeswoman said on Thursday. “He is not involved. He has a very demanding […]
(Reuters) – Conflicting cultures and management styles are overshadowing Barrick Gold Corp’s $18 billion bid for rival Newmont Mining Corp, becoming factors just as important to the deal’s success as whether or not the pair’s lucrative assets in Nevada and elsewhere fit well together. Mudslinging started almost as soon as the hostile all-stock, no-premium bid […]
LONDON (THOMSON REUTERS FOUNDATION) – The role of celebrities promoting charities in Africa has come under fire after a British politician accused a television presenter filmed in Uganda of being a “white saviour” promoting colonial ideas of Africans being “helpless victims”. British charity Comic Relief, which enlists celebrities to help raise funds for the world’s […]