The company, which owns the app Snapchat, said it plans to use the proceeds to fund stock repurchases and acquisitions.Asa Mathat | Vox Media.
The company, which owns the app Snapchat, said it plans to use the proceeds to fund stock repurchases and acquisitions.Asa Mathat | Vox Media
Source: News Formal (newsformal.com)
Wow is this the new pattern for executive payouts when business model fails? I guess someone is willing to pay so better grab it. Feel bad but word of advice to the Employees to dust off those resumes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snapchat Parent Company to Raise $1 Billion in Debt Financing, Citing Potential AcquisitionsSnap, the money-losing parent company of Snapchat, plans to issue $1 billion in debt securities for the purposes of working capital and potential acquisitions. In announcing the plans, Snap said it…
Source: Variety - 🏆 108. / 63 Read more »
Jeff Bezos Sells Another $1 Billion In Amazon SharesWith the new stock sale, the mogul has sold nearly $3 billion in stock over the past week. Because of chinas tariffs he knows something Preparing for the tanking of the stock market. We typically have a recession every ten years or so... In November it will be exactly ten years since we stopped bleeding jobs and began adding them. Boo
Source: THR - 🏆 411. / 53 Read more »
A former coal tycoon donated over $1 million to coal miners whose employer declared bankruptcyA former coal tycoon has donated more than $1 million to a group of miners in Eastern Kentucky who are blocking train tracks in protest after their former employer stopped paying them after declaring bankruptcy Awesome!!! Hear. This. Out. God bless you
Source: cnnbrk - 🏆 393. / 55 Read more »
Square breaks $1 billion in revenue in Q2 and announces Caviar saleSquare is selling Caviar to DoorDash for $410 million – hurting its ability to recruit restaurants but enabling it to focus on core business segments. disgusting I've stopped ordering from them because it is just too expensive 🙅♂️😫
Source: BusinessInsider - 🏆 729. / 51 Read more »
HSBC first-half profit rises 16%, announces $1 billion buybackHSBC reported on Monday its first-half pretax profit rose 15.9% and announced a ...
Source: Reuters - 🏆 2. / 97 Read more »
How a coffee shop business turned into Australia's fastest-growing $1 billion start-upIn just three years, payments platform Airwallex has achieved much-coveted unicorn status, completing the company's transformation from a humble coffee shop.
Source: CNBC - 🏆 12. / 72 Read more »