Facebook to sell portable headset for virtual reality Facebook to sell portable headset for virtual reality: SAN JOSE, Calif. (Reuters) – Facebook Inc (FB.O) is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the company’s existing Oculus Rift […]
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Pfizer weighs $15 billion sale of consumer healthcare business Pfizer said on Tuesday it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth some $15 billion up for grabs. The move comes as […]
Procter & Gamble foresees proxy war victory Peltz refuses to concede Procter & Gamble foresees proxy war victory Peltz refuses to concede: Procter & Gamble Co (PG.N) said on Tuesday activist hedge fund manager Nelson Peltz lost his fight to win a seat on the company’s board, according to a […]
Wall Street moves to Frankfurt as Brexit doubts grow Wall Street moves to Frankfurt as Brexit doubts grow: Some of the globe’s biggest banks have decided to rent more office space in Frankfurt, bolstering Germany’s financial hub after months of divorce talks between Britain and the EU have left London’s […]
Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday: Wells Fargo & Co (WFC.N) CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees […]
Backers withdraw two proposals to list U.S. bitcoin funds Backers withdraw two proposals to list U.S. bitcoin funds: An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew two proposals to list bitcoin funds. Intercontinental Exchange Inc’s (ICE.N) NYSE Arca exchange on Wednesday […]
Toshiba $18 billion sale of chip unit signed but discord emerges immediately Toshiba $18 billion sale of chip unit signed, but discord emerges immediately: Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, […]
Facebook’s Zuckerberg defends company after critical Trump tweet Facebook’s Zuckerberg defends company after critical Trump tweet: Facebook Inc’s (FB.O) CEO Mark Zuckerberg on Wednesday defended his company’s role in U.S. elections and rejected assertions in a tweet from U.S. President Donald Trump that the social network was against him. Zuckerberg […]
Uber CEO tells London I’m sorry for the mistakes we’ve made Uber CEO tells London I’m sorry for the mistakes we’ve made: Uber’s Chief Executive apologized on Monday for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not to […]
Bettencourt death stirs speculation about L’Oreal ownership Bettencourt death stirs speculation about L’Oreal ownership: The death of billionaire Liliane Bettencourt focused attention on Friday on how L‘Oreal’s founding family and major shareholder Nestle (NESN.S) would manage their stakes in the world’s biggest cosmetics firm. Bettencourt, listed by Forbes as the […]
