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Spotify Will Go Public On April 3

Athina Mallis March 16, 2018 No Comments

Music streaming giant Spotify will begin to trade on the New York Stock Exchange on April 3 and will trade under the ticker SPOT. The company live streamed its investor…

Broadcom To Scrap Qualcomm Bid After Trump Block

Athina Mallis March 15, 2018 No Comments

Broadcom will withdraw its Qualcomm bid after US President Donald Trump blocked the transaction via executive order earlier this week. The Wall Street Journal reports the company is still planning redomicile to…

Myer Facing Uncertain Future, Multi Million Dollar Court Case Looms

David Richards March 15, 2018 No Comments

Myer is facing an uncertain future as they face having to make a decision in a multimillion dollar class action, at the same time Premier Investment’s Solomon Lew has threatened…

Gibson Brands Start Laying Off Staff, Philips Audio Business Threatened

David Richards March 15, 2018 No Comments

Gibson Brands the Company behind Philips audio products and is the biggest shareholder in Onkyo has moved to lay off staff as sell property assets as they struggle to refinance…

Serious Questions Asked About Harvey Norman Loan Business

David Richards March 15, 2018 No Comments

Serious questions are being asked about the risk Harvey Norman poses to Latitude Financial an organisation who is currently considering a $5 billion float. Observers of Latitude’s operation are concerned…

Square Peg In $200m Round Hole

Computer Daily News March 14, 2018 No Comments

Paul Bassat’s venture capital outfit Square Peg Capital is said to be looking to raise more than $200 million as it seeks to add more investments to its portfolio interests…

Sony Throws Hat In Ring For EMI

Computer Daily News March 12, 2018 No Comments

Sony has held preliminary talks about acquiring a majority stake in EMI Music Publishing, as it seeks to cash in on the booming market for streamed music. Abu Dhabi-based Mubadala…

Intel To Weigh In Broadcom Bid

Computer Daily News March 12, 2018 No Comments

Intel is considering a range of acquisition alternatives in reaction to Broadcom’s hostile pursuit for Qualcomm. That could include a bid for Broadcom from Intel, market watchers say. Intel has…

No One Interested In Go Pro Anymore

David Richards March 11, 2018 No Comments

After months trying to flog the Company GoPro is no closer to finding a buyer due in part to the market for action cameras peaking and the abundance of competitors…

Big Un Chairman Hugh Massie Resigns

Roma Christian March 9, 2018 No Comments

Big Un Chairman, Hugh Massie, has announced his resignation from the company’s board, following a slew of recent media attention over its use of databases and recent joint ventures. The online video company remains…