Such a deal would be a huge game-changer for both companies, assuming the Justice Department doesn't block it -- and assuming Amazon actually attempts it.
Analyst Gene Munster thinks Amazon could try to buy Target this year
http://www.msn.com/en-us/money/compa...D=ansmsnnews11
In 2013, the Turtles filed a $100 million lawsuit against SiriusXM over the non-payment of royalties on airplay of pre-1972 recordings. In October 2017, Florida's Supreme Court ruled that SiriusXM, which had already settled with two states out of court, does not have to pay royalties on those songs. The company enacted a tiny measure of revenge: Turtles songs are no longer played on SiriusXM.
And now it is Spotify's turn to be sued:
Spotify hit with $1.6 billion copyright lawsuit
http://www.msn.com/en-us/money/compa...D=ansmsnnews11
Workfront asked more than 2,000 workers from various companies what workplace changes they would like to see and what changes they expect. The results, especially the one about cursing, are pretty surprising.
Will 2018 see the death of printers and email in the workplace?
As we move toward a paperless and email-free workplace, how will the office of the future look in five years time?
http://www.zdnet.com/article/will-20...ge-in-5-years/
To invest or not to invest, that is the question. Will owning shares in Spotify bring "outrageous fortune" or rather a "sea of troubles"? (With apologies to William Shakespeare.)
Spotify files to go public as it faces a $1.6-billion copyright infringement suit
Los Angeles Times, Jan 3 2018 11:35 AM
Music streaming giant Spotify has confidentially filed to go public even as it faces a new $1.6-billion lawsuit alleging copyright infringement. Wixen Music Publishing is suing Spotify, alleging that the company violated its copyright on more than 10,000 songs, including titles by Tom Petty, Neil Young, Stevie Nicks and the Doors. A high-stakes lawsuit of this nature could scare potential investors, upset existing investors and tank the company’s market value.
Spotify confidentially filed paperwork for an initial public offering with the Securities and Exchange Commission, a person familiar with the matter said today. Instead of holding a traditional IPO, Spotify plans to list its shares directly on the New York Stock Exchange without raising capital or issuing new shares. That unusual move would enable Spotify to go public while saving money on the hefty underwriting fees that companies typically pay to investment banks when they hold an IPO. The company could be worth as much as $20 billion when it goes public.
http://www.latimes.com/business/tech...103-story.html
The deal was blocked -- and MoneyGram was paid $30 million. Talk about your "easy money!"
US blocks sale of MoneyGram to China's Ant Financial on national security concerns
http://www.reuters.com/article/us-mo...-idUSKBN1ER1R7
Knowing how much the Apple iPhone X costs, my first thought here was that "5G" means one of these new phones will cost five thousand dollars. Fortunately that is not the case.
AT&T to offer 5G mobile phone service in 2018
http://www.msn.com/en-us/money/compa...D=ansmsnnews11
Remember when young people played real games? And played them outside?
Google is helping Chinese mobile game streaming platform Chushou go global
http://www.msn.com/en-us/news/techno...D=ansmsnnews11
He never had an official title. May I suggest "Billionaire."
Jimmy Iovine to leave Apple Music in August
His departure is timed to his shares fully vesting.
http://www.billboard.com/biz/article...august-sources
In 1992, the Supreme Court upheld a rule barring states from requiring mail-order sellers to collect sales taxes unless the sellers have a "physical presence" in that state. Lawyers for 35 states say the rule is outdated in this era of Amazon and online shopping. (Amazon does collect sales taxes in 16 states.) Yes, we certainly wouldn't want any Americans being able to buy something without paying more tax to the government, would we?
With billions at stake, Supreme Court is urged to revisit ruling shielding internet purchases from sales tax
http://www.latimes.com/politics/la-n...104-story.html
Hershey and Ferrero compete for Nestlé's US candy business
CNBC, Jan 7 2018
Candy giants Hershey and Ferrero both submitted final bids on Friday to acquire Nestlé's U.S. confectionery business, sources familiar with the situation tell CNBC. The business, which includes Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy, is valued at $2 billion to $2.5 billion. The sources noted that Ferrero, best known for its Nutella chocolate spread and Ferrero Rocher bonbons, appears to be the front-runner because it is more willing than Hershey to be aggressive on price. Nestlé said in June that it was exploring strategic options, including a possible sale, for its U.S. chocolate and candy business.
https://www.cnbc.com/2018/01/07/hers...-business.html
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