Music streaming service Spotify has accused American company Apple, which unveiled Apple One subscriptions the day before, of unfair competition, Reuters reported, citing a statement from Spotify. On September 15, Apple announced as part of its presentation that it is developing a subscription package called Apple One, which will include TV + along with discounted access to other services such as...

Eastman Kodak shares rose 36% after the start of trading on Wednesday - the reason for the increase was the publication of a report by a special committee that examined the possible premature disclosure of information about the company's loan from the US authorities. The committee, although it found several omissions, concluded that no laws or company policies had been violated. Recall that at...

Californian pharmaceutical company Gilead Sciences confirmed its plans to buy anti-cancer drug maker Immunomedics (New Jersey) by officially announcing the agreement. The transaction amount is $ 21 billion, the payment will be made in cash. The terms of the merger have already received unanimous approval from the boards of directors of both companies, and the transaction is scheduled to be closed...

Chinese company ByteDance will not sell its TikTok social network to Microsoft. This was reported by the American corporation. Sources of Reuters and The Associated Press (AP) said ByteDance plans to sell the social network to Oracle Corp. Previously, Twitter was also named among potential buyers. “ByteDance informed us today that they will not sell the US segment of TikTok to Microsoft. We are...

American video service Netflix Inc has appointed Bela Bajaria as the head of the new division of global television, writes Bloomberg. She will be responsible for all Netflix production in both English and other languages. Bajaria, who joined the company in 2016 and previously was in charge of international content, was promoted to replace Cindy Holland, who has been at Netflix for 18 years....

French luxury goods maker LVMH Moet Hennessy Louis Vuitton SE will not be able to complete the purchase of American Tiffany & Co in accordance with the agreement concluded in November 2019, the French company said in a press release. LVMH's board of directors considered an appeal from the French Foreign Ministry, which asked the company to postpone the completion of the purchase until 2021...

French agri-food cooperative Tereos, a domestic market leader and the world’s second in its field, has been described as struggling with debt and falling prices. However, the company performance has significantly improved recently, just when its competitors started to give up and close enterprises. When sugar prices picked up again, Tereos proved to be the only French company in the sector to be...

Donald Trump lost $ 600 million in a year as his wealth fell by almost 20%, to $ 2.5 billion. Almost all of his assets fell by millions of dollars, most of all - a golf club in Miami and buildings in New York. The fortune of US President Donald Trump fell by $ 600 million in a year, according to the American Forbes. The newspaper published the annual ranking of the 400 richest Americans, in which...

The largest US auto concern General Motors has announced purchase of an 11% stake in Nikola, an electric vehicle manufacturer, for $ 2 billion. In addition to the stake in the company, GM has received the right to appoint one person to its board of directors. Nikola Motor company was founded in 2014, the name was given in honor of the name of the inventor Nikola Tesla. The company initially set...