23 January, 2017 by The TZ Newswire Staff Comments Off on What You Need to Know About the Reynolds American/British American Tobacco Merger
What You Need to Know About the Reynolds American/British American Tobacco Merger
Reynolds American‘s (NYSE: RAI) board of directors decided to accept a takeover bid from British American Tobacco (NYSEMKT: BTI) on Jan. 17. While the announcement may be an exciting one for existing shareholders, big tobacco is exhibiting signs of an industry that is in decline.
Reynolds American’s Vuse brand. Image source: Reynolds American.
23 January, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs forecaster urges China to tighten monetary policy
Goldman Sachs forecaster urges China to tighten monetary policy
Via Bloomberg, advice for the People’s Bank of China from Song Yu, chief China economist at Beijing Gao Hua Securities
– China should tighten monetary policy as signs of overheating emerge amid quickening inflation
23 January, 2017 by The TZ Newswire Staff Comments Off on Should NVIDIA Corporation Be Scared of Samsung’s Automotive Potential?
Should NVIDIA Corporation Be Scared of Samsung’s Automotive Potential?
Despite being a leader in the discrete graphics processing unit (GPU) market, NVIDIA (NASDAQ: NVDA) has kept an eye on the future. The company has been focusing on emerging trends such as autonomous cars by partnering with the likes of Tesla Motors to deploy its self-driving technology, powered by deep learning and artificial intelligence.
23 January, 2017 by The TZ Newswire Staff Comments Off on US Senate confirms Pompeo to be Trump’s CIA director
US Senate confirms Pompeo to be Trump’s CIA director
The U.S. Senate confirmed Representative Mike Pompeo to be President Donald Trump’s Central Intelligence Agency director.
23 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Yahoo pushes back closing date for Verizon deal
The Wall Street Journal: Yahoo pushes back closing date for Verizon deal
Yahoo Inc. said Monday its $4.8 billion deal with Verizon Communications Inc.
23 January, 2017 by The TZ Newswire Staff Comments Off on Twenty-First Century Fox Follows Facebook Into VR Filmmaking
Twenty-First Century Fox Follows Facebook Into VR Filmmaking
Twenty-First Century Fox (NASDAQ: FOX) (NASDAQ: FOXA) recently formed FoxNext, a new business unit for creating next-gen storytelling formats like virtual reality (VR) experiences and gaming. The new unit will be led by former film executive Salil Mehta, and its first big project is a VR experience for Planet of the Apes. FoxNext will also create new VR experiences for studio franchises like Alien, and handle gaming tie-ins for properties like The Simpsons.