The Strategist
Companies & CEOs

Fidelity Investments takes interest in blockchain and crypto currency - 09/20/2018

Fidelity Investments started creating services for crypto assets, and the New York State Attorney General's Office is concerned about the level of investor protection on crypto-exchanges. The American financial corporation Fidelity Investments is developing new services in the field of blockchain and crypto currency, the company’s CEO Abigail Johnson said, adding that some solutions will be...

What will Aston Martin's IPO be like? - 09/20/2018

Aston Martin will be the first British automaker to go on an IPO in the last few decades. The company plans to reveal its on Thursday (September 20), and the firm will announce the final price range of shares by the beginning of next month. In total, Aston intends to place about 57 million shares within the IPO, which is 25% of the automaker’s total number of securities. It is expected that the...

Coca-Cola takes an interest in marijuana drinks - 09/18/2018

Coca-Cola is negotiating with the Canadian marijuana manufacturer Aurora Cannabis Inc. and is considering a possibility of starting production of soft drinks based on cannabis, reports Bloomberg. Coca-Cola itself confirmed that they are studying the market, but reminded that no decisions have been made so far. As highlighted in the company's statement, Coca-Cola is interested in the possibility...

Salesforce founder buys Time magazine - 09/17/2018

One of the founders of Salesforce.com Inc. Mark Benioff and his wife Lynne agreed to buy Time magazine from the publishing house Meredith Corp. for $ 190 million. As stated in Meredith’s message, the sale of Time will be completed within 30 days. The deal is not related to Salesforce, which develops customer relation systems. The Benioffs act as private individuals in the deal and are not going...

Five fails of Google - 09/12/2018

For 20 years of its existence, Google has experienced a large number of ups and downs on the road to success. Everyone knows about loud victories of the company, but any business cannot do without falls. War with Trump In late August 2018, US President Donald Trump criticized Google, advising companies to "be more careful" from now on. It's about spreading disinformation on the platform, as...

Facebook to invest more than $ 1 billion in Singapore data center - 09/07/2018

Facebook is facing growing pressure around the world due to the need to prevent dissemination of offensive and provocative content in the social network. Many states require that their citizens' data be kept by technology companies within the...

Why is Warren Buffett so confident in Apple? - 09/06/2018

Warren Buffett has not changed his attitude to the world's largest company. A week before the new Apple even, the billionaire told that his fund Berkshire Hathaway has increased its share in Apple once again. Why is Buffett so confident and does the market agree with him? A month ago, Apple stormed a new hill. The company was the first of public companies to receive an estimate of a trillion...

Amazon market cap hits $ 1 trillion - 09/05/2018

In the course of trading on Tuesday, capitalization of Amazon.com Inc. for a while exceeded $ 1 trillion for the first time in the Internet retailer’s history. The Amazon share price rose by 1.9% to $ 2,050.5, but then slowed its growth to 1.1%. Until September 4, Apple was the only modern US company worth more than $ 1 trillion. The company hit the record on August 2. Now its capitalization is...

Huawei sales beat Apple in Q2 - 08/31/2018

Huawei's sales jumped 38.6% year-on-year in April-June to 49.8 million units. Apple increased sales by only 0.9%, to 44.7 million. "Huawei continues to innovate in its smartphones and expand its line of devices to cover as many market segments as...

Coca-Cola buys Costa Coffee for $ 5 bln - 08/31/2018

Coca-Cola acquired the largest British chain of coffee houses Costa Coffee for $ 5 billion. This transaction reflects Coca-Cola’s desire to enter a new coffee market, as well as a broader trend - the desire of soft drinks producers to seek new directions of activity due to a decrease in popularity of traditional sweet drinks. The American beverage producer Coca-Cola Company announced purchase of...
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