The new bipartisan bill would force Google to break up its Ad business

The new bipartisan bill would force Google to break up its Ad business

The new bipartisan law would compel Google to separate its advertising and search businesses. The bill, which has some Democratic backing, targets advertising technology conflicts of interest. On Thursday, a bipartisan group of senators led by Utah Republican Mike Lee filed legislation to address conflicts of interest in the advertising …

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Ratan Tata Backs Energy Distribution Startup Repos Energy

Ratan Tata Backs Energy Distribution Startup Repos Energy

Ratan Tata Backs Repos Energy, an Energy Distribution Startup Repos Energy has raised INR 56 crore after winning the National Startup Award 2021 earlier this year. The cash will be used to increase the company’s product line, expand into other geographies around the country, hire more people, and improve technology. …

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Adani Group to Acquire Holcim’s India Business in $10.5 Billion Deal

Adani Group to Acquire Holcim’s India Business in $10.5 Billion Deal

Adani Group to buy Holcim India for $10.5 billion Adani plans to spend $10 billion on Holcim’s India assets and $3-3.5 billion on public stock purchases. Ambuja Cements owned 63.19 percent of Holcim, while ACC owned 54.53 percent. Adani will now be India’s second-largest cement manufacturer, with a manufacturing capacity …

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Mcdonald’s Has Decided To Sell Its Russia Business

Mcdonald’s Has Decided To Sell Its Russia Business

Mcdonald’s sells Russia business McDonald’s has announced that it will sell its Russian company, just over two months after ceasing operations due to Russia’s invasion of Ukraine. “Continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values,” the company stated. McDonald’s first …

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Las Vegas Casino Owner Surprises 5,000 Employees With $5,000 Bonuses

Las Vegas Casino Owner Surprises 5,000 Employees With $5,000 Bonuses

The owner of a Las Vegas casino surprises 5,000 employees with $5,000 bonuses. The Cosmopolitan of Las Vegas’s employee appreciation and awards luncheon exploded in jubilant chaos on Wednesday when the resort’s chief executive announced that all 5,400 employees would receive a $5,000 bonus. “It’s great!” exclaimed Edgar Rives, a …

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Adani Wilmar Has Surpassed Hul To Become The Largest Fmcg Company In India

Adani Wilmar Has Surpassed Hul To Become The Largest Fmcg Company In India

Adani Wilmar Has Overtaken Hul As India’s Largest FMCG Firm Adani Wilmar Ltd. (AWL), a packaged foods company, today reported revenue from operations of Rs 54,214 crore for FY2021-22, up 46.2 percent year on year (YoY).  With this increase in revenue from Rs 37,090 crore the previous year, billionaire Gautam …

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Apple Hires Ford Veteran Desi Ujkashevic To Ramp Up Electric-car Work

Apple Hires Ford Veteran Desi Ujkashevic To Ramp Up Electric-car Work

Apple hires Desi Ujkashevic, a Ford veteran, to expand its electric-car work. Apple Inc. has hired a former Ford Motor Co. executive who oversaw safety and vehicle engineering, indicating that the iPhone maker is resuming the development of an electric vehicle. According to people familiar with the situation, the tech …

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Jonathan Shroyer – A Leader with the vision of a Better Future.

Jonathan Shroyer – A Leader with the vision of a Better Future.

Jonathan Shroyer – A Leader with the vision of a Better Future. Jonathan Shroyer is always looking to the future. “When I imagine the future of service, I see brands focusing on emotional affinity,” says Shroyer, a veteran of the customer experience industry and our Person of the Year. “Is …

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Activision Ceo Kotick Could Reap $520 Million On The Microsoft Deal.

Activision Ceo Kotick Could Reap $520 Million On The Microsoft Deal.

Microsoft Deal Could Bring Activision CEO Kotick $520M Kotick owns 4.3 million shares and has the option to buy another 2.2 million through the exercise of options, for a total value of $520 million at Microsoft’s current share price of $95 per share. After Microsoft Corp. completes its purchase of …

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Carvana’s millionaire father-son partnership is rapidly losing money.

Carvana’s millionaire father-son partnership is rapidly losing money.

Carvana’s millionaire founders, a father and son combo, are rapidly depleting their fortune. Carvana Co., a used-car seller, said it faced a “uniquely difficult environment” in the first three months of the year after reporting a larger-than-expected quarterly loss. This is wreaking havoc on the fortunes of the Phoenix-based firm’s …

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