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...The new valuation, the highest of any privately owned fitness monitoring group, is notably more than 50 per cent higher than the $2.1bn Google paid for tracker Fitbit, a deal that stoked opposition from...
...Alphabet locks in record-low borrowing costs in $10bn deal (FT) Amazon’s Deliveroo investment approved by UK regulator (FT) France suspends Morgan Stanley from its government debt sales (FT) Google’s $2.1bn Fitbit...
...“With public market values falling so much, a buyer needs to determine whether the valuation represents the new normal or whether there is going to be a V-shaped recovery in terms of earnings or valuation...
Germany’s telecoms regulator says Huawei can stay in the 5G network race
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...Fitbit put out a software update this week that added several new features that show it to be the spiritual successor to smartwatch pioneer Pebble, whose assets Fitbit acquired last year....
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...Performance fees earned for exiting deals dropped to $233m, from $333m a year ago, dragged by Carlyle Partners V, its $13.7bn North America buyout fund started in 2007 with investments from Getty Images...
...Nor are their revenues all that different: Fitbit had sales of $1.5bn in the past 12 months; GoPro’s were $1.8bn. Gross margins? GoPro’s stand at 46.7 per cent; Fitbit’s at 47.7 per cent....
...Same-store sales climbed just 1 per cent, easily exceeding the forecast of a 2.4 per cent decline for a company that has been battling competition from the likes of Apple and Fitbit....
...New product launches in wearable technology, ranging from fitness trackers to Fitbit and Casio smartwatches, also drew attention at the show of 3,600 exhibitors....
...Portraits such as of the poet Tennyson and “Madonna and Child” are on display in a new exhibition at London’s V&A. Forwarded Source code poetry Programmers are artists too....
...Fitbit continued to muscle its way higher....
Activist investors are intent on blocking Cheil Industries’ move to buy a sister business
...Shares in fitness tracker device maker Fitbit climbed 5 per cent to $44.10 – lifting the company’s valuation to more than $9bn – as the banks that took it public initiated coverage....
...However, TPG had to overcome tough questions about the performance of TPG V, its boom-era buyout fund, which invested $15.5bn but suffered some high-profile casualties....
...results obtained from Herbalife-sponsored surveys of its U.S. customers and Members that were undertaken by the market research firms Lieberman Research Worldwide (“Lieberman”) and The Nielsen Company, B.V....
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...Take-Two shares have more than doubled since Mr Icahn began buying in 2009, and are up more than 50 per cent this year alone amid excitement over Grand Theft Auto V, which beat sales records on its launch...
...The appetite for wearable technology has been primed by companies including Nike, Jawbone and Fitbit with their fitness wristbands (called FuelBand, UP and Fitbit Force, respectively)....
...Slovakians appears to have made €1.6mm in bonus on a €0 base, which I submit to you is not a sustainable way to live your life…” - Everything (everything) you need to know about the latest in the Apple v...
...satisfaction of KPMG, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its reports, or (2) “reportable events” as such term is defined in Item 304(a)(1)(v)...
...(Financial Times) - The Google v Oracle case could have big implications for the software industry....
...V ivendi’s Universal Music, home to Lady Gaga and Justin Bieber, will pay $1.9bn for EMI’s recorded music business or seven times earnings before interest depreciation, tax and amortisation, a price tag...
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