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Corteva explores breaking up into two separate companies, WSJ reports
Reuters· 2025-09-12 20:18
Group 1 - Corteva is considering a breakup to separate its seed and pesticide businesses into two distinct companies [1] - The decision is influenced by ongoing discussions and insights from individuals familiar with the matter [1] - This potential restructuring reflects a broader trend in the agriculture industry towards specialization [1]
US appeals court declines Google bid to further pause Play store overhaul in Epic Games case
Reuters· 2025-09-12 19:59
Alphabet's Google on Friday failed to persuade a U.S. appeals court to further freeze an order forcing it to make sweeping reforms to its app store Play while it challenges the decision in a lawsuit b... ...
Apple's AI and search executive Robby Walker to leave, Bloomberg News reports
Reuters· 2025-09-12 19:53
Core Insights - Robby Walker, a senior artificial intelligence executive at Apple, is leaving the company, as reported by Bloomberg News [1] Company Summary - The departure of a high-ranking AI executive may impact Apple's ongoing artificial intelligence initiatives and strategies [1]
Stellantis stops development on electric Ram 1500 pickup
Reuters· 2025-09-12 19:32
Stellantis is axing its Ram 1500 electric pickup, citing slow demand for full-size EV trucks, the company said Friday. ...
Lawsuit says Musk's Tesla hires visa holders instead of Americans so it can pay less
Reuters· 2025-09-12 19:23
Tesla , the electric vehicle company led by billionaire Elon Musk, was accused in a lawsuit on Friday of favoring visa holders over Americans when making employment decisions so it can pay less. ...
Thales, Airbus, Leonardo eye initial agreement on 10 bln-euro satellite JV, sources say
Reuters· 2025-09-12 18:49
Core Viewpoint - European aerospace companies Leonardo, Thales, and Airbus are intensifying efforts to merge their satellite businesses into a joint venture valued at 10 billion euros ($11.7 billion) [1] Group 1: Company Initiatives - Leonardo, Thales, and Airbus are collaborating to create a significant joint venture in the satellite sector [1] - The joint venture aims to consolidate their satellite operations to enhance competitiveness in the aerospace market [1] Group 2: Financial Aspects - The proposed joint venture is estimated to be worth 10 billion euros, equivalent to approximately $11.7 billion [1]
Amazon tests GM electric delivery vans in bid to meet climate goals, Bloomberg News reports
Reuters· 2025-09-12 18:39
Amazon.com has been testing General Motors' BrightDrop electric van, as the e-commerce giant continues to explore options to reduce carbon emissions of its wide-spread delivery operation, Bloomberg Ne... ...
Exclusive: Vista-backed device management software firm Jamf explores a sale, sources say
Reuters· 2025-09-12 18:20
Core Viewpoint - Device management software provider Jamf is considering a sale due to its declining stock price, making it an attractive takeover target for other companies [1] Company Summary - Jamf is a provider of device management software [1] - The company is currently facing weakness in its stock price, which has prompted discussions about a potential sale [1] Industry Summary - The current market conditions have positioned Jamf as a prime candidate for acquisition by other firms [1]
Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut
Reuters· 2025-09-12 18:10
Via Transportation shares fell 4.4% in their NYSE debut on Friday, valuing the transit technology maker at $3.5 billion. ...
Winklevoss twins' crypto exchange Gemini valued at $4.4 billion in strong Nasdaq debut
Reuters· 2025-09-12 17:56
Gemini Space Station shares jumped 32.2% in their Nasdaq debut on Friday, giving the cryptocurrency exchange a valuation of $4.4 billion and capping a bright week for digital asset companies in a resu... ...