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Donald Trump's Empire, WeWork's CEO Sandeep Mathrani In Hot Seat For 2021 - Vimarsana News

Donald Trump's Empire, WeWork's CEO Sandeep Mathrani In Hot Seat For 2021

Donald Trump won the votes of more than 70 million Americans in 2020. Jim Farley The newly installed president and chief executive officer of Ford Motor Co., Farley, 58, finds himself squarely in the bull's-eye during a critical year for Detroit's beloved blue-oval brand. On the positive side, Ford's F-Series line of pickup trucks has been America's bestselling vehicle for more than 40 years; its money-minting light trucks (pickups and SUVs) have done so well, the company is exiting sedans to focus on reinvigorating icons such as the Bronco. But massive headaches await. U.S. sales fell 10% in...

Source: ndtv.com
Wall Street's Painful Lessons From a Year of Epic Debt Fights - Vimarsana News

Wall Street's Painful Lessons From a Year of Epic Debt Fights

Article content (Bloomberg) — From the collapse of storied retailers to the fall of a prominent hedge fund manager, 2020 offered a harsh reminder of what happens when the economy goes south. Bankruptcies reached levels not seen in a decade, distressed debt soared to almost $1 trillion and it may take years to repair the damage to airlines, restaurants and hotels. While 2020 may be over, the drama probably isn’t. We apologize, but this video has failed to load. Try refreshing your browser, or Wall Street's Painful Lessons From a Year of Epic Debt Fights Back to video “If you don’t de...

Tech Founders Gain More Power as Investors Clamor for New Listings - Vimarsana News

Tech Founders Gain More Power as Investors Clamor for New Listings

Updated Dec. 22, 2020 9:44 am ET Demand for newly listed tech stocks is booming—and so, too, is the power of founders of the Silicon Valley companies. In the run-up to this month’s listing of DoorDash Inc., the delivery company’s board gave co-founders 20 votes per share, up from one vote in the most recent investment round. At Airbnb Inc., the company’s co-founders’ votes per share doubled to 20 in recent months, according to securities filings. And the board of Palantir Technologies Inc., formerly of Silicon Valley, geared up for its public listing this fall by best...

Source: wsj.com
Report: SoftBank to create its first special-purpose acquisition company - Vimarsana News

Report: SoftBank to create its first special-purpose acquisition company

SHARE SoftBank Group Corp. is preparing to raise between $500 million and $600 million via an initial public offering of its first special-purpose acquisition company, Axios reported late Sunday, citing multiple sources. The investment giant, which is known for backing promising technology startups, is said to be prepping for at least two additional SPACs, which are entities created for the sole purpose of merging with another firm and then taking that firm public. SPACs are becoming increasingly popular among tech firms as a lower-cost alternative to the traditional IPO process. Axios cited ...

LinkedIn Starts Testing Ads in 'Stories' - Vimarsana News

LinkedIn Starts Testing Ads in 'Stories'

PREVIEW SUBSCRIBE LinkedIn already has been experimenting with ads within stories in markets such as Latin America and Europe. Its stories advertising tests now span about 1,000 campaigns from more than 600 advertisers, including WeWork Cos., Daimler AG, General Motors Co. -owned Cadillac and Bank of New York Mellon Corp., the company said. It plans to make the ads in stories widely available in 2021. The visual nature of stories provide a way to interest advertisers such as luxury-goods marketers and media companies that haven’t spent heav...

Source: wsj.com