9 June, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Facebook earns 51 percent of ad revenue overseas – executives
Exclusive: Facebook earns 51 percent of ad revenue overseas – executives
Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters. While Facebook has reported regional growth in percentage terms, this is the first time it has detailed ad sales outside the United States and Canada as a percent of worldwide sales. Like the advertisers it courts, the world’s largest social media platform looks at international markets for growth.
9 June, 2015 by The TZ Newswire Staff Comments Off on Tesla CFO Ahuja to retire; electric car maker sees growth spurt
Tesla CFO Ahuja to retire; electric car maker sees growth spurt
Tesla Motors Chief Financial Officer Deepak Ahuja will retire this year, but will stay on to help search for a successor at the fast-growing electric car maker, Chief Executive Officer Elon Musk told shareholders on Tuesday. Ahuja, a former Ford Motor Co executive, joined Tesla seven years ago as the first CFO. Musk reiterated the company’s anticipation of 50 percent annual growth over the next several years.
9 June, 2015 by The TZ Newswire Staff Comments Off on GM CEO Barra says Fiat Chrysler chief sent email on possible merger
GM CEO Barra says Fiat Chrysler chief sent email on possible merger
General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday that Fiat Chrysler Automobiles NV (FCHA.MI) CEO Sergio Marchionne sent an email proposing a potential merger, and that GM’s board gave “strong support” to her strategy of going it alone. Marchionne has been conducting a campaign to persuade rivals and investors that the auto industry needs another round of consolidation.
9 June, 2015 by The TZ Newswire Staff Comments Off on J.J. Zhang’s Winner Take All: Where to find investing income beyond bonds
J.J. Zhang’s Winner Take All: Where to find investing income beyond bonds
Though calls for a bond-market collapse have been years in coming now, risk is high and prudence suggests considering the role of alternative income assets in your portfolio.
9 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. businesses cite fallout if Export-Import Bank closes
The Wall Street Journal: U.S. businesses cite fallout if Export-Import Bank closes
U.S. manufacturers say major industrial contracts in developing countries, from rail links in Africa to power plants in Eastern Europe, will be in jeopardy if the U.S.
9 June, 2015 by The TZ Newswire Staff Comments Off on Movers & Shakers: Krispy Kreme, Men’s Wearhouse, Box’s earnings come into focus
Movers & Shakers: Krispy Kreme, Men’s Wearhouse, Box’s earnings come into focus
Among the companies whose shares are expected to see active trade in Wednesday’s session are Krispy Kreme, Men’s Wearhouse, and Box.
read more