Pandora Media reported its Q4 revenues just ahead of the market expectations but its profits failed to beat the estimates. And just before the earnings release, the New York Times reported that the Internet radio company is holding discussions to sell itself amid soaring losses, growing competition and waning investor [...]
New York Times Deal Book: Corporate Inversions Aren’t the Half of It, by Steven Davidoff Solomon (UC-Berkeley): If you thought there was a problem with inversions — deals that allow American companies to relocate their headquarters to lower their tax bills — wait until you hear about the real secret...
Pandora Media may sell itself and has met with Morgan Stanley to help broker such an action, reports the New York Times. The music-streaming service has seen its stock value drop by 60% over the last few months and the company is facing increased competition from the likes of Apple Music and Spotify. Show More Summary
Time Inc., which has been on an acquisition tear since it went public in 2014, is buying the assets of ad-tech company Viant Technology. Headquartered in Irvine, Calif., with offices in New York,... To view the full story, click the title link.
Stanford University will soon have a new president. According to the New York Times,Stanford University’s incoming president, Marc Tessier-Lavigne, has developed a career that successfully melds science, business and academia.Although...Show More Summary
Companies paid $5m for 30-second Super Bowl ads. It took Peyton Manning a fraction of that time to accomplish the game’s biggest plug. ||| New York - Companies paid $5 million for 30-second ads during Super Bowl 50. It took Peyton Manning about two seconds to accomplish the game’s biggest plug. Show More Summary
Time Warner Cable has parted ways with longtime agency Ogilvy & Mather New York, sources tell Adweek. The nation's second-largest cable communications company quietly kicked off a creative review in the fourth quarter, handled by Ark Advisors, N.Y. Show More Summary
Want more election coverage right in your company’s Slack? On Friday, The New York Times rolled out NYT Election Bot, which anyone can add to their Slack channel to receive “live results and updates on the 2016 elections from The New York Times. You can also submit questions to the newsroom by using the command...
The company highlighted digital growth in the fourth quarter but said revenue was flat because of its declining print business.
NEW YORK -- The New York Times, at age 164, has kept pace with today's media upstarts while remaining committed to high-quality journalism. The company admitted its innovation shortcomings a couple years back, but these days the newsroom...Show More Summary
Yahoo! CEO Marissa Mayer has a brilliant plan for upping the ailing company’s morale, a Jedi-level mind trick that’s bound to make sacked employees feel better about their fates. The New York Times reports:
Now that he’s no longer with Lululemon, ex-CEO Chip Wilson is deep into the business of his new store, Kit and Ace. Still, he can’t help being critical of his old company. In a New York Times interview, the sage womenswear guru criticizes the brand’s new business model, saying it’s no longer “a woman’s company.” Read more...
The New York Times Company is set to report its fourth quarter earnings on Thursday, February 4th. The company successfully increased its digital user base to over 1 million in 2015, causing circulation revenues to stabilize through the first nine months through September. On the other hand, advertising revenues declined by 9% year-on-year (y-o-y) because […]
By David Randall NEW YORK (Reuters) - U.S. companies are growing more concerned about the prospects of a recession in the year ahead for the first time since the end of the financial crisis. So far this year, the number of companiesShow More Summary
ON THE WEB Cutting Off Those Recurring Charges You Forgot About - New York Times - "Once Trim performs its analysis, you get a text message with a list of all your recurring charges. You reply with “Cancel X,” and then the company takes...Show More Summary
The New York Times editorial board is taking aim at corporate tax dodgers. Through a process called inversion, American companies merge with smaller companies located in regions where taxes are lower, like Ireland, to effectively change...Show More Summary
One of the biggest critiques of Facebook’s role as a platform is its allowance of personal gun sales between two people online. But according to the New York Times, the company has finally taken steps to ban private person-to-person gun sales on both Facebook and Instagram. Show More Summary
Vantiv Inc, one of the largest companies to process payments for daily fantasy sports companies, will pull out of the sector as an increasing number of states have declared the games illegal, the New York Times reported on Friday.
Another day, another tough blow to daily fantasy sports. Joe Drape of the New York Times reports Vantiv Entertainment Solutions, a company which handled payment processing for the DFS industry, told operators it would no longer deal with DFS transactions pending the industries ongoing court battle. Show More Summary
On Friday, President Obama announced a plan requiring companies with over 100 employees to annually report salary data by race, gender and ethnicity, the New York Times reports. Read more...