Unilever reckitt benckiser takeover

Elon Musk at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022. Photographer: Suzanne Cordeiro/AFP/Getty Images Twitter users woke up April 4 and found the words “Elon” and “Elon Musk” trending on the site — not because the world’s richest, most-followed businessman had caused a stir with his futuristic companies, but because he’d disclosed a major stake in Twitter Inc. Suddenly, Musk was Twitter’s largest individual shareholder, with more than 9% of the company, and speculation swirled about how he would influence the network’s future. He’d been frequently tweeting ideas for revamping the social media platform. Over the next week, Musk would accept an offer to join Twitter’s board of directors and, in a sudden reversal, reject that offer five days later, leaving the company’s management, employees, investors and interested observers guessing about his plans. On April 25, Twitter and Musk said they’d reached an … [Read more...] about A timeline of Elon Musk’s takeover of Twitter

Chernobyl plant (AFP) The UN atomic watchdog chief on Tuesday described radiation levels at the Chernobyl nuclear disaster site as "abnormal", saying the area's brief Russian occupation had been "very, very dangerous". "The radiation level, I would say, is abnormal," said International Atomic Energy Agency director Rafael Grossi during a visit on the anniversary of the world's worst nuclear disaster. "There have been some moments when the levels have gone up because of the movement of the heavy equipment that Russian forces were bringing here, and when they left," he said. "We are following that day by day." Speaking as he arrived at the sarcophagus that covers the nuclear reactor's radioactive remains, he said the takeover by Russian forces had been "absolutely abnormal and very, very dangerous". Close Russian troops took over the site on February 24, the first day of Russia's invasion of Ukraine, taking Ukrainian soldiers prisoner and detaining civilian … [Read more...] about Chernobyl radiation ‘abnormal’ since Russian takeover: IAEA chief

JetBlue Airways (JBLU) has launched a hostile takeover attempt for Spirit Airlines (SAVE) on Monday, May 16, after the discount carrier rejected JetBlue's previous all-cash $3.6 billion offer. The New York-based airline issued a tender offer to acquire all the outstanding Spirit shares for $30 per share in cash, without interest and less any required withholding taxes, after the Miramar, Fla., company rejected JetBlue's proposal in favor of a previous lower-priced offer from Frontier Airlines (ULCC). JetBlue also urged Spirit shareholders to "Vote No" in a proxy statement against the Spirit/Frontier merger at Spirit's upcoming meeting. If shareholders accept the JetBlue deal, the combined company would be the fifth-largest airline in the U.S. Key Takeaways JetBlue Airways has launched a hostile takeover attempt for Spirit Airlines at $30 a share. In a letter to Spirit shareholders, JetBlue has encouraged them to "Vote No" in a proxy statement against a … [Read more...] about JetBlue Launches Hostile Takeover of Spirit Airlines

Share to Twitter Share to Linkedin It’s hard to live a day in the developed world without using a Unilever product. The multinational manufactures and distributes over 400 consumer goods brands covering food and beverages, domestic cleaning products and personal hygiene. Adobe Stock Adobe Stock With so many processes to coordinate and manage, artificial intelligence is quickly becoming essential for organizations of its scale. This applies to both research and development as well as the huge support infrastructure needed for a business with 170,000 employees. Recently it announced that it had developed machine learning algorithms capable of sniffing your armpit and telling you whether you are suffering from body odors. While this may seem like "using a sledgehammer to crack a walnut," the technology which has been developed could well go on to be used to monitor food for freshness, helping to solve the problem of food overproduction and … [Read more...] about The Amazing Ways How Unilever Uses Artificial Intelligence To Recruit & Train Thousands Of Employees

Share to Twitter Share to Linkedin H ell hath no fury like an airline scorned. Two weeks after its merger proposal was rejected, JetBlue is going hostile in its effort to acquire Spirit Airlines. Today JetBlue made a direct appeal to Spirit shareholders to vote against the “inferior, high risk and low value” Frontier deal and embrace its own all-cash offer of $30 per share. “This represents a 60% premium to the value of the Frontier transaction as of May 13, 2022 – a very compelling offer and higher than the premium implied by JetBlue’s original proposal,” according to a JetBlue statement. The airline added that it was willing to discuss a $33-per-share deal if Spirit will stop withholding diligence information about its business. MORE FROM FORBES JetBlue Sweetens Its Bid-But Spirit Airlines Says It Still Prefers Its Other Suitor By Suzanne Rowan Kelleher Earlier this month, Spirit rejected an offer from JetBlue in favor of the less … [Read more...] about JetBlue Goes Hostile In Takeover Bid Of Spirit Airlines

Share to Twitter Share to Linkedin A trio of high-ranking Twitter executives are leaving the company, which may or may not get sold to Elon Musk but has already suffered several high-profile departures and a dwindling stock price. Out are Ilya Brown, a vice president of product management; Katrina Lane, a vice president of Twitter Service; and Max Schmeiser, head of data science. “We continue to be focused on providing the very best experience to the people on Twitter,” a Twitter spokesperson says. “We are thankful for all of their hard work and leadership.” Their exits come closely behind two firings. Last week, Twitter CEO Parag Agrawal dismissed Kayvon Beykpour, the company’s head of consumer product, and Bruce Falck, its head of revenue product. (By contrast, Brown, Lane and Schmeiser are leaving of their own accord.) At the same time, Agrawal announced a hiring freeze and budget cuts but ruled out layoffs (for now). As these executives leave, … [Read more...] about Three More Top Twitter Execs Depart Amid Musk Takeover Turmoil

Share to Twitter Share to Linkedin T witter will begin restricting more content coming from crisis situations like the war in Ukraine, the company said on Tuesday, a policy that would limit posts even as its prospective new owner, Elon Musk, has said he wants the company to do the opposite. The social network will prohibit content that misleads users about war crimes, mass attacks and events on the ground, among other things. “As soon as we have evidence that a claim may be misleading, we won’t amplify or recommend content that is covered by this policy across Twitter,” Yoel Roth, Twitter’s head of safety and integrity, writes in a blog post . A warning prompt will be applied over violating tweets, notifying users the post has run afoul of the company’s Crisis Misinformation Policy, and Twitter will disable likes, shares and retweets, reducing how far the tweet can spread. Roth says actions like these can reduce a tweet’s reach by 30% to 50%. … [Read more...] about Twitter Changes Rules For ‘Crisis’ Content Amid Ukraine War, Musk Takeover

Hindustan Unilever Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hindustan Unilever Ltd (HUL) share price rose four percent in early trade on April 28 a day after the company announced its March quarter earnings . FMCG major HUL on April 27 declared an 8.6 percent rise in standalone post-tax profit at Rs 2,327 crore for the fourth quarter ended March 2022 as against Rs 2,143 crore recorded a year ago. On a sequential basis, the net profit has risen by 3.7 percent. Standalone revenue from operations came in at Rs 13,462 crore, an increase of 11 percent on a year ago. On a sequential basis, revenues increased 2.8 percent. Catch all the market action on our live blog Close Here is what brokerages have to say about the stock and company after March quarter earnings: Prabhudas Lilladher HUL has given … [Read more...] about What should investors do with HUL after Q4 earnings; buy, sell or hold?

Eight of the 10 most valued companies suffered a combined erosion of Rs 2,48,372.97 crore in their market valuation last week in line with a weak broader market trend, with Reliance Industries taking the biggest hit. Last week, Sensex lost 2,041.96 points or 3.72 per cent. While Reliance Industries, Tata Consultancy Services, HDFC Bank , Infosys, ICICI Bank, State Bank of India, HDFC and Bharti Airtel were the laggards, Hindustan Unilever Limited and Kotak Mahindra Bank emerged as gainers. The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore. State Bank of India’s market capitalisation (mcap) tanked Rs 35,073.72 crore to Rs 3,97,189.84 crore. The valuation of ICICI Bank plummeted by Rs 29,279.72 crore to Rs 4,70,856.80 crore and that of Infosys eroded by Rs 16,869.36 crore to Rs 6,32,432.92 crore. HDFC Bank’s market valuation diminished by Rs 14,427.28 crore to Rs 7,16,641.13 crore and that of Bharti Airtel declined by Rs … [Read more...] about Mcap of eight of top-10 firms tumbles over Rs 2.48 lakh crore

Share to Twitter Share to Linkedin It was a rocky week for Tesla shares– until Musk’s early Friday tweet. That helped the electric vehicle maker regain some lost ground. With a single tweet at 5:44 AM Friday, Tesla and SpaceX chief Elon Musk simultaneously placed his $44 billion Twitter takeover on hold and demonstrated the platform’s power to move markets. Twitter shares, which plunged in pre-market trading early Friday, ended the day down 9.7%, while shares of Musk’s electric vehicle maker rallied 5.7% Friday to close an otherwise challenging week down 11.1%. The fortune of the world’s richest person–worth an estimated $232.5 billion–rose by $9.5 billion Friday. His losses for the week were cut to $23.4 billion. The divergent fortunes of Twitter and Tesla shareholders are no surprise to Columbia University law professor John C. Coffee, an expert on corporate governance. “The two stocks are logically inversely related, since what is good for Twitter … [Read more...] about Elon Musk’s Early Morning Tweet Sends Twitter Shares Crashing, But He Ends The Day Billions Of Dollars Richer