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Disney and 21st Century Fox Announce Preliminary Election Results in Connection with Acquisition

BURBANK, California and NEW YORK – (BUSINESS WIRE) – March 15, 2019 – The Walt Disney Company ("Disney") (NYSE: DIS) and Twenty-First Century Fox, Inc. ("21CF") (NASDAQ: FOXA, FOX), in connection with the acquisition by Disney of 21CF ("Acquisition"), announced today the preliminary results of the elections made by 21CF shareholders on the form of consideration they wish to receive …

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Apple Fights Back Against Spotify’s App Store ‘Tax’ Complaints

Apple (AAPL) has launched a vigorous defense of its App Store business model in response to Spotify (SPOT) filing an antitrust complaint against it in Europe. X The iPhone manufacturer released a lengthy rebuttal to Spotify's claims of anti-competitive behavior on its website at the end of Thursday. Apple said the audio streaming service "wants all the benefits of a …

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Disney announces Fox consideration election results; shares -1.2% – The Walt Disney Company (NYSE:DIS)

Disney (NYSE: DIS) shares are moving with a rather heavy deferred volume, down 1.2% postmarket, as the company announces preliminary results of election selection shareholders of Twenty-First Century Fox (FOX, FOXA) for the sale of $ 71B assets. Fox shareholders chose which form of consideration they should receive for their shares. 51.57% of the ordinary Fox shares (holders of 959,919,192 …

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Facebook marks one-year anniversary of Cambridge Analytica scandal with ‘nightmare week’

If this were not enough, this weekend marks the first anniversary of the Cambridge Analytica scandal that shocked the company: an anniversary that Facebook would surely love the world to forget. All the problems that plagued Facebook and CEO Mark Zuckerberg for the year since then have collided: regulatory control, the struggle to control its platform and a growing executive …

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What No One Is Talking About in GE’s Turnaround

Photography by Sebastien Bozon / AFP / Getty Images Text size Analysts and investors agree on what matters most General Electric (GE): cash flow and fixing of the division of power in difficulty. However, it is not all that matters for the long-term success of the company. After the event for investors on Thursday, a group of analyst notes appeared, …

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Apple dealt legal blow as jury awards Qualcomm $31 million

Apple and Qualcomm have had a heated legal battle. James Martin / CNET Apple violated three Qualcomm patents and should pay the chipmaker $ 31 million for violating its technology, a jury decided on Thursday, giving the chipmaker the impetus for another legal skirmish with the producer of the iPhone next month. Qualcomm, who filed the lawsuit in July 2017, …

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