FOTB

Apple and Amazon resume advertising on Twitter, reports say

December 3 (Reuters) – Amazon.com Inc. (AMZN.O) and Apple Inc. (AAPL.O) are planning to resume advertising on Twitter, according to media reports on Saturday. The developments follow an email sent by Twitter to advertising agencies on Thursday offering advertisers incentives to increase their spending on the platform, an effort to revive its business after the …

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Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc. (BRKa.N) said it purchased more than $4.1 billion worth of Taiwan Semiconductor Manufacturing stock (2330.TW)a rare significant foray into the tech sector by billionaire conglomerate Warren Buffett. The news sent shares of TSMC soaring, closing up 7.9% in Taiwan on Tuesday, as it bolstered investor sentiment for the …

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Philip Morris clinches Swedish Match after smoking out opposition

PMI needs 90% stake for mandatory minority buyout PMI believes the goal can eventually be achieved PMI Says Swedish Match’s Top 10 Investors Tendered Stock Nov 7 (Reuters) – Marlboro maker Philip Morris International (PMI) (PM.N) overcame some opposition to clinch 83% of the Swedish game (SWMA.ST)below the 90% he wanted, but enough to convince …

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Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

Musk seeks to lay off about half of Twitter’s workforce Employees file class action lawsuit against Twitter Staff lose access to systems Volkswagen removes ads Nov 4 (Reuters) – Twitter Inc began a major round of layoffs on Friday, alerting employees to their status via email after barring entry to offices and cutting off workers’ …

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