Articles about investor

Big Blue's blues diffuse: IBM's sales drain now more like a sad trickle

IBM is touting growth in its cloud and cognitive business units as the enterprise giant wraps up a year of double-digit revenue declines. Big Blue said that for its fourth quarter of 2016, ended December 31, revenues were nearly flat over the same period last year and net income was up slightly. Revenues of $21.8bn were down …
Shaun Nichols, 20 Jan 2017
Axe, image via Shutterstock

Today's Groupon offer to its sacked employees: 100% off your salary

Online deals website Groupon will lay off 1,100 employees and shut down part of its international operations. The biz employs more than 10,000 people worldwide. In a filing with US financial watchdog the SEC, Groupon said it will cut the positions over the next year with the redundancy round wrapping up by the end of September …
Shaun Nichols, 22 Sep 2015

Alibaba experiences ‘I love China’ company rep breakdown … 22 times

Analyst and investor conferences can be a platform for all manner of odd ball questions, but one company rep at a presentation by Chinese tat seller Alibaba recently took the opportunity to express his love for the Middle Kingdom. Repeatedly. Joe Tsai, executive vice chairman of Alibaba, was about to kick off with some …
Kat Hall, 21 Sep 2015
Stock market. Pic: Alberto Carrasco Casado

Major Colt Group investor bids to take sickly biz private again

Fidelity, the majority shareholder in LSE-listed telecoms biz Colt Group, has bid 190 pence per share to buy the remaining stock and take the ailing firm private. The proposed transaction equates to a 21 per cent premium on yesterday’s closing share price and is 34 per cent up on the rolling average for the past twelve months …
Paul Kunert, 19 Jun 2015

Zuckerberg IN COURT: Judge rules Facebook investors CAN sue for IPO non-disclosures

A US judge has decided that Facebook, Mark Zuckerberg and a bunch of banks will face a lawsuit accusing them of misleading investors about its $16bn initial public offering. District Judge Robert Sweet in Manhattan said that investors should be allowed to pursue their claims that Facebook and the banks running its IPO were …

Carl Icahn broadcasts his $150bn Apple shakedown effort to world+dog

Activist investor Carl Icahn has reiterated his recommendation to Apple CEO Tim Cook that Cupertino blow $150bn to buy back company stock, and this time he has shared his reasoning with world+dog. "We find it difficult to imagine why the board would not move more aggressively to buy back stock by immediately announcing a $150 …
Rik Myslewski, 24 Oct 2013
The Register breaking news

HTC takes another punch to the wallet, loses $40m OnLive investment

Taiwanese phone-maker HTC has just seen the $40m it shovelled into an internet gaming company go up in smoke. HTC [2498 Taiwan] invested in OnLive in February 2011 as part of its push into the gaming space. The American gaming company offered console-free cloud-gaming, and HTC bought the 5.33 million preferred shares in OnLive …
Anna Leach, 20 Aug 2012
The Register breaking news

AOL investor: $1bn Microsoft patent deal not good enough

A major shareholder in AOL wants to shake up the firm's board, saying its billion-dollar patent deal with Microsoft wasn't good enough. AOL has agreed to sell a bundle of more than 800 patents to Microsoft and license the rest of its intellectual property to the software giant and other firms. Agitating hedge fund Starboard …
Game logo

Game Group shares slide under a penny

High street retailer Game has put itself up for sale after shares plunged to a penny this morning amid concern over the company's future. Game Group PLC's gloomy Monday morning saw its stock open at 1.75 pence, down from 3.51 pence when the market closed on Friday. A few minutes later and it plummeted further, continuing the …
Caleb Cox, 12 Mar 2012
The Register breaking news

Twitter gets $100m injection

®
Austin Modine, 24 Sep 2009
Motorola

Motorola strategy chief is latest exec to go

Troubled mobile maker Motorola has said goodbye to Richard Nottenburg, its chief strategy and technology officer. Nottenburg had been with Motorola since 2004, first as an advisor then as chief strategy officer. The company has lost a string of senior figures of late. Motorola lost its mobile head Stu Read and its marketing …
John Oates, 19 May 2008

Create a news alert about investor, or find more stories about investor.

Biting the hand that feeds IT © 1998–2017