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Microsoft Deepens Health-Tech Push With $16 Billion Deal for Nuance

10 Microsoft Corp. has agreed to buy artificial intelligence company Nuance Communications Inc. for $16 billion, extending chief executive Satya Nadellas run of big acquisitions to accelerate growth in everything from healthcare to videogaming. Microsoft said Monday it would pay $56 per Nuance share, a 23% premium over Fridays closing price, in a bet on the growing demand for digital tools within healthcare. The all-cash deal is Microsofts second largest acquisition under Mr. Nadella. The compa...
United States Satya Nadella Amy Hood Mark Benjamin Brad Reback Herb Hovenkamp

CEO Pay Surged in a Year of Upheaval, Leadership Hurdles

CEO Pay Surged in a Year of Upheaval, Leadership Hurdles CEO Pay Surged in a Year of Upheaval, Leadership Hurdles The executives compensation for 2020 is on track for a record even as shareholders voice displeasure with some pay packages published : 13 Apr 2021 at 04:00 2 Norwegian Cruise Line CEO Frank Del Rios pay doubled last year to $36.4 million, in part with bonuses tied to a contract extension. (Photo: Josh Ritchie) ...
New York United States John Zillmer Larry Culp Jaimie Stemen Shaun Bisman

Global IT Spending Expected to Rise 8.4% to $4.1 Trillion This Year

Chief information officers and other corporate technology leaders are moving on from stopgap information technology measures deployed during the coronavirus pandemic and eyeing more ambitious projects, according to the latest IT spending forecast by research and consulting firm Gartner Inc.
United States Erik Bailey Mani Sundaram James Mcglennon John David Lovelock Akamai Technologies Inc

Tesla Kicks Off 2021 With 184,800 Vehicles Delivered

Tesla Kicks Off 2021 With 184,800 Vehicles Delivered Electric-vehicle maker aims to increase global deliveries by more than 50% this year as competition stiffens published : 5 Apr 2021 at 07:52 18 Tesla Inc. delivered a record number of vehicles in the first quarter in the face of growing electric-car competition and supply-chain challenges that have hit the global auto industry. The Silicon Valley auto maker’s roughly 184,800 global deliveries in the first three ...
United States Dan Levy Schmidt Automotive Research Credit Suisse Ford Motor Co Tesla Inc

EV Companies Went Public With Big Plans. They're Quickly Hitting Snags.

3 Over the past year, the stock market has been deluged with newly public electric-vehicle startups that raised money by pitching plans for rapid growth. Months into their lives on the public markets, a set of these companies are missing targets, adding costs and, in one case, upending major parts of a business model. On March 29, aspiring electric car and truck maker Canoo Inc. told investors it was abandoning or scaling back numerous key aspects of the strategy laid out when it raised $630 mi...
Baris Guzel Los Angeles Djon Lopez Ulrich Kranz Steve Burns Hyundai Motor Co

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Token gesture

Token gesture Token gesture Singapore leading the way in promoting blockchain-backed digital exchanges as a new way to spur listings of alternative assets. By Kentaro Iwamoto in Singapore published : 5 Apr 2021 at 04:30 4 Growth in digital securities exchanges in Singapore is also spurring initiatives in other Asian countries such as Thailand and Japan, confirming the city-states status as a regional hub. Illustration © Nikkei Asia...
Republic Of Justin Tang Piyush Gupta Digital Exchange Sumitomo Mitsui Financial Group Monetary Authority Of Singapore

Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery

Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery Frontier Airlines, Sun Country raise hundreds of millions in IPOs a year after the Covid-19 pandemic crushed air travel published : 3 Apr 2021 at 11:43 14 A United Airlines Boeing 737 MAX airliner on the ramp at Renton airport adjacent to the Boeing factory in Renton, Washington. United Airlin...
United States Puerto Vallarta Helane Becker Barry Biffle William Franke Jude Bricker

Cable-News Viewership Falls After Trump's Exit, Ratings Races Tighten

30 Fox News retains the No. 1 spot among prime-time viewers for the first three months of this year. (Photo: Reuters) U.S. cable-news viewership fell for all major networks in the first three months of the year, as the country moved past the presidential election and its chaotic aftermath. Fox News lost 32% of its total prime-time audience compared with the quarter ended Dec. 31, Nielsen data show. CNN and MSNBC had smaller declines of 16% and 7.8%, respectively, thou...
White House District Of Columbia United States Nbcuniversal Peacock Larry Kudlow Jason Kilar

Tesla's 'Technoking' Musk Joins Long Line of Odd Job Titles

Teslas Technoking Musk Joins Long Line of Odd Job Titles 2 Other fanciful corporate monikers include chief pillow officer, chief monster maker and chief troublemaker; Master of Coin published : 17 Mar 2021 at 09:20 Some business stars strive for the chief executive officer seat. Others shoot for the throne. Elon Musk, the Tesla Inc. co-founder and CEO, on Monday took on a new title not yet seen in corporate America: "Technoking of Tesla." Mr. Musks ascension to his ...
United States Siqi Chen Jerome Guillen Zack Kirkhorn Michael Kane Matthew Garry Logue

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