Verizon Takes $4.5 Billion Charge Related to Digital Media Business

Verizon Communications is booking a $ 4.5 billion accounting charge related to its Oath media business, a sign its bet on high-profile internet properties and content several years ago hasn’t worked out as expected.
WSJ.com: US Business

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Voyager 2 reaches interstellar space – 11 billion miles from Earth

The Voyager 2 probe has left the protective bubble around the sun and is flying through interstellar space, NASA says.
Tech News – Latest Technology and Gadget News | Sky News

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$7 billion Slack is lagging on a key sexual harassment policy

$  7 billion Slack is lagging on a key sexual harassment policyRecently, tech giants including Google and Facebook ended their policies of forced arbitration for employees’ claims of sexual harassment and assault. In an interview for “Breakouts” on Yahoo Finance, Slack co-founder and chief technology officer Cal Henderson confirmed that Slack has not changed its policy on forced arbitration. Slack is a workplace messaging app that’s currently valued at $ 7.1 billion.



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IBM to Acquire Red Hat for About $33 Billion

International Business Machines agreed to buy software-and-services company Red Hat for about $ 33 billion in its biggest acquisition ever, a deal that IBM hopes will boost a cloud-computing business central to Chief Executive Ginni Rometty’s effort to revive the tech giant.
WSJ.com: US Business

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Fortnite Creator Epic Games Valued at Nearly $15 Billion

Epic Games, the creator of the smash-hit videogame “Fortnite,” is valued at almost $ 15 billion as part of a new investment round.
WSJ.com: WSJD

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Honda to Invest $2.75 Billion in GM’s Self-Driving Car Unit

Honda Motor is investing $ 750 million in General Motors’ self-driving car unit, with plans to commit an additional $ 2 billion in the coming years, in an effort to jointly develop a fully autonomous car for mass production.
WSJ.com: US Business

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Facebook Faces Potential $1.63 Billion Fine

A European Union privacy watchdog could fine Facebook as much as $ 1.63 billion for a data breach in which hackers compromised the accounts of over 50 million users.
WSJ.com: WSJD

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Instagram’s Kevin Systrom on the Platform He Built for One Billion Users

After selling Instagram to Facebook, Systrom vaulted the platform past Snapchat and had been gearing up to take on YouTube. WSJ. Magazine interviewed the CEO before he announced his resignation.
WSJ.com: Lifestyle

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Instagram’s Kevin Systrom on the Platform He Built for One Billion Users

After selling Instagram to Facebook, Systrom vaulted the platform past Snapchat and had been gearing up to take on YouTube. WSJ. Magazine interviewed the CEO before he announced his resignation.
WSJ.com: WSJD

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Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Auction

Comcast and 21st Century Fox will settle their takeover battle for Sky in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other.
WSJ.com: US Business

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Coke Takes On Starbucks With $5.1 Billion Coffee Deal

Coca-Cola said it would buy British coffee-shop chain Costa for $ 5.1 billion, diversifying further from its soft-drink roots and marking the latest bet by a major consumer-goods company on coffee.
WSJ.com: US Business

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A Chinese Tesla Rival Launches $1.3 Billion U.S. IPO

Chinese electric-vehicle maker NIO launched a U.S. stock sale that could raise up to $ 1.32 billion, moving to tap the public markets before generating any substantial revenue.
WSJ.com: WSJD

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Exclusive: Fitbit's 150 billion hours of heart data reveal secrets about health

Exclusive: Fitbit's 150 billion hours of heart data reveal secrets about healthFitibit's wristbands have collected 150 billion hours' worth of heart-rate data from people around the world. For the first time, the company offered a look inside that data, to see how lifestyle, location, age, and gender affects our health and longevity.



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Tencent’s Rout This Year Has Wiped Out Over $175 Billion in Market Value

Tencent’s selloff has sparked fears of a broader contagion for tech stocks around the world.
WSJ.com: US Business

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Tesla Shorts Stand Their Ground After $1.7 Billion Loss

Short sellers taking aim at Tesla Motors are holding onto bets that the electric car maker is on borrowed time, undeterred by the stock’s biggest one-day rally in years.
WSJ.com: WSJD

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Moon may have been habitable 4 billion years ago

The moon could have supported life billions of years ago, according to new research.
Tech News – Latest Technology and Gadget News | Sky News

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How a 2012 Decision Helped ‘Fortnite’ Make Epic Games a Billion Dollar Company

The surging success of “Fortnite” and its monumentally popular battle royale mode helped transform the already successful game developer and game engine creator Epic Games into a company worth $ 5 billion to $ 8 billion, according to the Bloomberg Billionaires Index. While Bloomberg doesn’t identify how it came up with that number, it does cite analysts […]

Variety

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Fortnite Has Reportedly Made over $1 Billion from In-Game Purchases

At this point, it’s essentially common knowledge that Fortnite is an outrageously successful video game. But market research firm SuperData Research has now put another quantitative measure on just how successful Fortnite is.

A new SuperData report (via GamesIndustry.biz) shows that Fortnite has made more than $ 1 billion off in-game purchases alone. The report also claimed Fortnite is only growing in popularity overall, with an upward trend since October 2017 that saw a huge spike in February that only started slowing in May while still continuing upwards. That slowed May growth was still good enough for a whopping $ 318 million in revenue.

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Google Hit With Record $5 Billion EU Fine in Android Case

The EU fined Alphabet’s Google $ 5 billion, a record for the bloc that could loosen the company’s grip on its biggest growth engine: mobile phones.
WSJ.com: US Business

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Broadcom Nears Deal to Buy CA Technologies for About $18 Billion

Broadcom is nearing a deal to buy software company CA Technologies for about $ 18 billion.
WSJ.com: WSJD

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Ubisoft CEO Believes Streaming May Open Door to 5 Billion Players in a Decade

Ubisoft CEO Yves Guillemot says he believes that streaming games could allow for extreme growth in gaming.

In the YouTube video Q&A, Guillemot responds to a question about console cycles, and noted his belief that the advancements of streaming could add billions of players to the industry over the coming years.

“What we are dreaming is that technology will allow us to actually stream our games to all the TVs, mobile phones, and tablets in the future, and that we will be able to give an opportunity to all our brands to reach 2.5 billion in five years and maybe five billion players within ten years,” Guillemot said.

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Amazon Buys Online Pharmacy PillPack for $1 Billion

Amazon.com is buying online pharmacy PillPack giving the e-commerce giant the ability to ship prescriptions around the country, and overnight, making it a direct threat to the more than $ 400 billion pharmacy business.
WSJ.com: US Business

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Amazon Buys Online Pharmacy PillPack for $1 Billion

Amazon.com is buying online pharmacy PillPack giving the e-commerce giant the ability to ship prescriptions around the country, and overnight, making it a direct threat to the more than $ 400 billion pharmacy business.
WSJ.com: WSJD

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Instagram clocks up one billion users

Instagram has said it now has more than one billion active users, less than a year after it reported reaching the 800 million mark.
Tech News – Latest Technology and Gadget News | Sky News

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UPS’s $20 Billion Problem: Operations Stuck in the 20th Century

As the package giant tries to satisfy America’s 21st-century shopping-and-shipping mania, it must update a delivery network whose processes sometimes hark to a past era; a $ 20 billion catch-up bill.
WSJ.com: US Business

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China’s ZTE to Pay $1 Billion Fine in Settlement With U.S.

The U.S. and China have reached a deal that will allow telecom company ZTE to continue to do business, requiring it to pay a $ 1 billion fine and place U.S. enforcement officers in the company to monitor its actions.
WSJ.com: WSJD

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Microsoft to Buy GitHub for $7.5 Billion

Microsoft is acquiring the software-code repository, a move that could help the tech giant convince more developers to create applications for its cloud-computing business.
WSJ.com: WSJD

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Father’s Day Spending Expected to Hit $15.3 Billion This Year

Dads can expect a little less to be spent on them for Father’s Day this year.
According to a study by the National Retail Federation and Prosper Insights & Analytics, spending on the holiday is projected to reach $ 15.3 billion this year, down just slightly from the $ 15.5 billion spent last year.
This translates into an average of $ 133 a person for the 77 percent of Americas who plan on celebrating the holiday on June 17. Individuals between 25 and 34 years of age are expected to spend the most, an average of $ 188.
“We are pleased to see consumer confidence continue to rise, leading to another near-record holiday spend on Father’s Day,” said NRF president and chief executive officer Matthew Shay. “Leading into the second half of the year, Americans are looking forward to treating their dads, and retailers will be prepared to offer a variety of gift options that will create new memories on this special day.”
According to the survey, consumers plan to spend $ 2.2 billion on apparel, which is expected to be purchased by 43 percent of shoppers; $ 2.1 billion on gift cards (42 percent), and $ 1.8 billion on consumer electronics (20 percent). In addition, $ 878 million will be spent on home

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Why players across the NBA think Jose Calderon is worth $2.2 billion

An internet mix-up led to Jose Calderon briefly showing up on Google with a net worth of $ 2.2 billion, leading to endless jokes in Cleveland.
www.espn.com – TOP
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Walmart Takes on Amazon With $15 Billion Bid for Stake in India’s Flipkart

Walmart is near a deal to invest around $ 15 billion for a roughly 75% stake in Flipkart Group, India’s largest e-commerce company, taking its battle with Amazon to India.
WSJ.com: US Business

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Apple Posts Solid iPhone Sales, Adds $100 Billion to Buyback Plans

Apple said it would spend an additional $ 100 billion on stock buybacks, ramping up its payout to shareholders as its core iPhone business continued to generate healthy growth.
WSJ.com: US Business

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Sprint, T-Mobile Agree to $26 Billion, All-Stock Merger

The boards of Sprint and T-Mobile have agreed to an all-stock merger that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national players.
WSJ.com: US Business

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Billion euro cyber-suspect arrested in Spain

The individual led a prolific gang that stole cash from banks for more than five years, says Europol.
BBC News – Technology

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Comcast Moves to Hijack Fox-Sky Deal With $31 Billion Bid

Comcast made a $ 30.9 billion offer for Sky, topping a rival bid from Fox to consolidate ownership of the U.K. broadcaster and moving to peel away one of the most attractive assets Disney has agreed to buy from Fox.
WSJ.com: US Business

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Qualcomm Raises Bid for Chip Maker NXP to $44 Billion

Qualcomm raised its bid for NXP Semiconductors to about $ 44 billion and locked up support from key investors, as the chip maker seeks to fend off a $ 121 billion hostile takeover approach by Broadcom.
WSJ.com: US Business

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Qualcomm Raises Bid for Chip Maker NXP to $44 Billion

Qualcomm raised its bid for NXP Semiconductors to about $ 44 billion and locked up support from key investors, as the chip maker seeks to fend off a $ 121 billion hostile takeover approach by Broadcom.
WSJ.com: WSJD

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Broadcom Raises Offer for Qualcomm to Over $121 Billion. Investors Don’t Bite

Broadcom made a sweetened offer for Qualcomm that valued it at $ 121 billion but did little to convince investors the would-be buyer could seal a deal with a company facing challenges from regulators and prominent customers.
WSJ.com: WSJD

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Broadcom Raises Offer for Qualcomm to Over $121 Billion. Investors Don’t Bite

Broadcom made a sweetened offer for Qualcomm that valued it at $ 121 billion but did little to convince investors the would-be buyer could seal a deal with a company facing challenges from regulators and prominent customers.
WSJ.com: US Business

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Hackers behind ‘a billion’ dodgy web adverts

Hackers are using the web’s advertising networks to trick people into downloading malware using fake security updates and Adobe Flash.
Tech News – Latest Technology and Gadget News | Sky News

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Apple Plans to Pay $38 Billion in Repatriation Taxes

Apple said it plans to pay $ 38 billion in repatriation taxes on profits held overseas, and said it would create a new U.S. campus and create 20,000 jobs.
WSJ.com: US Business

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Apple Plans to Pay $38 Billion in Repatriation Taxes

Apple said it plans to pay $ 38 billion in repatriation taxes on profits held overseas, and said it would create a new U.S. campus and create 20,000 jobs.
WSJ.com: WSJD

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Qualcomm Set to Win European Approval for $39 Billion NXP Buy

Qualcomm is set to clinch conditional European Union antitrust approval for its acquisition of NXP Semiconductors as soon as next week, according to people familiar with the matter, as the company fends off unsolicited bids by Broadcom.
WSJ.com: WSJD

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‘Star Wars: The Last Jedi’ Lifts 2017 Worldwide Box Office 3% to $39.9 Billion

Worldwide box office for 2017 has jumped 3% to $ 39.92 billion with “Star Wars: The Last Jedi” providing the final push. Box office tracker comScore, which issued the number Sunday, said that the improvement was due to a variety of strong performances — including the Chinese blockbuster “Wolf Warrior 2,” which has grossed $ 870 million. […]

Variety

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Unibail Who? The French Mall Owner Is Buying Westfield for $15.7 Billion

Even in its home market of France, Unibail-Rodamco isn’t a well-known corporate name. But if it consummates a deal with Westfield, it will be the world’s second-largest mall operator by market capitalization.
WSJ.com: US Business

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CVS to Buy Aetna for $69 Billion, Combining Major Health-Care Players

CVS has agreed to buy Aetna for about $ 69 billion in cash and stock, a landmark deal that would change the U.S. health-care landscape by bringing a large insurer and a big provider of pharmacy services under one roof.
WSJ.com: US Business

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Marvell Confirms $6 Billion Purchase of Chip Maker Cavium

Marvell Technology plans to buy chip maker Cavium in a $ 6 billion cash-and-stock deal that would set it up to better compete with semiconductor giants such as Intel and Broadcom.
WSJ.com: WSJD

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Chinese Grab TVs and Yachts on Alibaba’s $25 Billion ‘Singles Day’

E-commerce giant Alibaba said it racked up more than $ 25.3 billion in sales on its annual ‘Singles Day,’ helped along by a gala TV show and broad discounts. An Aston Martin racing yacht was purchased for $ 2.56 million.
WSJ.com: WSJD

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Chinese Grab TVs and Yachts on Alibaba’s $25 Billion ‘Singles Day’

E-commerce giant Alibaba said it racked up more than $ 25.3 billion in sales on its annual ‘Singles Day,’ helped along by a gala TV show and broad discounts. An Aston Martin racing yacht was purchased for $ 2.56 million.
WSJ.com: US Business

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The $250 Billion in U.S.-China Trade Deals May Not Tally

On the surface, U.S.-China deals worth billions of dollars look like a win for America Inc. during President Donald Trump’s visit to Beijing. But there is a catch.
WSJ.com: US Business

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Broadcom Proposes to Buy Qualcomm for Over $100 Billion

Broadcom launched a takeover bid for fellow chip maker Qualcomm in a cash-and-stock-deal worth over $ 100 billion.
WSJ.com: WSJD

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New GE Chief Slashes Forecasts, Plans to Exit $20 Billion in Businesses

GE’s quarterly earnings fell as it incurred hefty restructuring charges during CEO John Flannery’s first official quarter at the helm, and the new CEO pledged to exit more than $ 20 billion of the company’s businesses.
WSJ.com: US Business

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WeWork: A $20 Billion Startup Fueled by Silicon Valley Pixie Dust

The office-space provider’s 38-year-old CEO sells tech investors on his vision for communal workplaces that appeal to millennials—while critics call it an overvalued real-estate play.
WSJ.com: WSJD

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WeWork: A $20 Billion Startup Fueled by Silicon Valley Pixie Dust

The office-space provider’s 38-year-old CEO sells tech investors on his vision for communal workplaces that appeal to millennials—while critics call it an overvalued real-estate play.
WSJ.com: US Business

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Yahoo Triples Estimate of Breached Accounts to 3 Billion

A massive data breach at Yahoo in 2013 was far more extensive than previously disclosed, affecting all of its 3 billion user accounts, new parent company Verizon Communications Inc. said on Tuesday.
WSJ.com: US Business

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Online Insurer ZhongAn Plans IPO That Could Set Its Value at $10 Billion

China’s first online-only insurer said it plans to raise up to $ 1.5 billion in an initial public offering that could value the company at around $ 10 billion.
WSJ.com: US Business

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Amazon Seeks Prime Location for $5 Billion Second HQ

Amazon plans to open a second headquarters somewhere in North America that will house up to 50,000 employees and cost $ 5 billion to build and operate.
WSJ.com: WSJD

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Amazon Seeks Prime Location for $5 Billion Second HQ

Amazon plans to open a second headquarters somewhere in North America that will house up to 50,000 employees and cost $ 5 billion to build and operate.
WSJ.com: US Business

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Bill Gates Just Gave Away $4.6 Billion, His Biggest Donation Since 2000

And he’s still the richest person in the world.

Lifestyle – Esquire

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Tesla to Sell $1.5 Billion in Debt Amid Launch of Model 3

Tesla will sell $ 1.5 billion in senior notes amid the launch of its Model 3 sedan, a week after the Silicon Valley auto maker’s chief executive said it faces ‘manufacturing hell.’
WSJ.com: US Business

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The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice

A new generation of internet users—a swath of the poor and less-literate—tend to use voice recognition and other intuitive apps over text, creating new business winners and losers. Silicon Valley giants are rushing to respond.
WSJ.com: WSJD

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Amazon Misses Q2 Income Expectations, As Sales Boom to $38 Billion

Amazon posted earnings for the second quarter of 2017 that fell dramatically short of investor expectations, even as the ecommerce giant boosted revenue 25%. Net sales roles to $ 38.0 billion in the second quarter, topping Wall Street estimates, compared with $ 30.4 billion in the second quarter of 2016. Amazon’s net income came in at 40… Read more »

Variety

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Michael Kors To Buy Luxury Shoemaker Jimmy Choo In $1.2 Billion Deal

Founded in the 1990s by bespoke shoemaker Jimmy Choo, the brand is known for its stiletto heels and accessories.
Fashion News, Celebrity Style and Fashion Trends – HuffPost Style
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LG Display Pours $7 Billion Into OLED Panels for Smartphones

LG Display plans to invest an additional $ 7 billion in one of its South Korean plants to churn out more smaller-size OLED panels used largely in premium smartphones, in a bid to challenge Samsung Display’s dominance in the market.
WSJ.com: WSJD

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California Weighs a $3 Billion Electric-Car Push

California lawmakers are considering $ 3 billion worth of rebates for buyers of electric cars in an effort to power an industry that relies heavily on public subsidies.
WSJ.com: US Business

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Uber Rival Grab in Talks for Up to $2 Billion From SoftBank, China’s Didi

Uber’s biggest rival in Southeast Asia, GrabTaxi, is raising more money to battle Uber in the region—as much as $ 2 billion from Japan’s SoftBank and Chinese ride-hailing company Didi Chuxing.
WSJ.com: WSJD

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French Court Throws Out Google’s $1.3 Billion Tax Bill

Alphabet’s Google won a reprieve from one of its biggest legal battles in Europe when a Paris court threw out a $ 1.27 billion bill that France’s tax authority has sought from the search giant for five years of back taxes.
WSJ.com: WSJD

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French Court Throws Out Google’s $1.3 Billion Tax Bill

Alphabet’s Google won a reprieve from one of its biggest legal battles in Europe when a Paris court threw out a $ 1.27 billion bill that France’s tax authority has sought from the search giant for five years of back taxes.
WSJ.com: US Business

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QVC to Acquire Rival HSN for More Than $2 Billion

Longtime rivals QVC and the Home Shopping Network have agreed to merge as the two businesses, built around selling over television, seek to combat the rise of online shopping.
WSJ.com: WSJD

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QVC to Acquire Rival HSN for More Than $2 Billion

Longtime rivals QVC and the Home Shopping Network have agreed to merge as the two businesses, built around selling over television, seek to combat the rise of online shopping.
WSJ.com: US Business

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Even a $2.7 billion fine can't hurt Google

Even a $  2.7 billion fine can't hurt GoogleThe European Commission has fined Google $ 2.7 billion, but that won't hurt the search giant.



Yahoo Tech

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Google Slapped With $2.7 Billion EU Fine Over Search Results

The European Union’s antitrust regulator fined Alphabet’s Google a record $ 2.71 billion for favoring its own comparison-shopping service in search results.
WSJ.com: WSJD

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Google Slapped With $2.7 Billion EU Fine Over Search Results

The European Union’s antitrust regulator fined Alphabet’s Google a record $ 2.71 billion for favoring its own comparison-shopping service in search results.
WSJ.com: US Business

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George Clooney & Rande Gerber Sell Casamigos for $1 Billion

The actor and his business partners' booming tequila company is sold to Diageo for a whopping price! See what Clooney says about the Casamigos sale.
E! Online Videos

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Amazon to Buy Whole Foods for $13.7 Billion

Amazon said it would buy Whole Foods for $ 13.7 billion, including debt, instantly transforming the online giant into a major player in the bricks-and-mortar retail sector it has spent years upending.
WSJ.com: US Business

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Amazon to Buy Whole Foods for $13.7 Billion

Amazon said it would acquire Whole Foods Market for $ 13.7 billion, making the giant internet retailer an overnight heavyweight in the grocery business.
WSJ.com: WSJD

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Father’s Day Spending Expected to Hit $15.5 Billion

It’s expected to be a record for spending on Dad this year.
According to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics, spending is expected to hit $ 15.5 billion this year, the highest figure in the 15-year history of the survey. Last year, spending was $ 14.2 billion.
According to the survey, shoppers are expected to spend an average of $ 134.75 this year, up from last year’s $ 125.92. 
“It’s encouraging to see that consumers are spending on special occasions such as Father’s Day,” said Matthew Shay, president and chief executive officer of NRF. “This is a positive sign of strong consumer confidence heading into the second half of the year, and a good deal for all the dads who will reap the benefits.”
The survey found 27 percent of dads would love to receive a “gift of experience” for Father’s Day — and 25 percent of shoppers will fulfill that wish by buying their fathers tickets to a concert or a sporting event.
Gift cards are expected to account for $ 2.2 billion in spending, given by 43 percent, the same that will be spent on apparel. Consumer electronics will account for $ 1.8 billion, personal-care products such as a bottle of cologne will total $ 888

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U.S., Saudi Arabia Expect Deals, Investments Worth $300 Billion

Saudi Arabia and the U.S. are expected to agree during Donald Trump’s trip to business deals and potential investments worth $ 300 billion, solidifying the U.S.-Saudi commercial relationship as the kingdom’s economy cracks open.
WSJ.com: US Business

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Snapchat Parent Posts $2.2 Billion Loss in First Quarterly Report; Stock Plunges

Snap Inc. on Wednesday reported a $ 2.21 billion loss in its first quarter as a publicly traded company, magnifying the uphill battle the parent of Snapchat faces in establishing a profitable business while competing with social-media giants like Facebook and Twitter.
WSJ.com: WSJD

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Snapchat Parent Posts $2.2 Billion Loss in First Quarterly Report; Stock Plunges

Snap Inc. on Wednesday reported a $ 2.21 billion loss in its first quarter as a publicly traded company, magnifying the uphill battle the parent of Snapchat faces in establishing a profitable business while competing with social-media giants like Facebook and Twitter.
WSJ.com: US Business

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Sinclair Broadcast to Buy Tribune Media for $3.9 Billion

TV station owner Sinclair Broadcast Group Inc. said Monday it is acquiring Tribune Media Co. for $ 3.9 billion, combining two of the nation’s biggest operators of local television stations.
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Apple’s Cash Hoard Set to Top $250 Billion

Apple likely will report Tuesday that its cash hoard has topped a quarter of a trillion dollars—an unrivalled milestone that could ratchet up pressure on the tech giant to make splashier acquisitions or dole out more money to shareholders.
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‘Fate Of The Furious’ Becomes The Second ‘Fast And The Furious’ Movie To Earn $1 Billion

The “Fast and the Furious” pedal earned another medal this weekend, with “The Fate of the Furious” grossing $ 1 billion.

As of Sunday, the eighth “Furious” installment has earned $ 192.7 million domestically and a whopping $ 867.6 million overseas, according to Universal Pictures’ estimates. It’s the 30th movie in history ― and the second in the franchise, after 2015’s “Furious 7” ― to join the billionaires’ club. 

“The Fate of the Furious” pulled this off after just 17 days in theaters, the same amount it took “Furious 7.” The year’s first billion-dollar release, “Beauty and the Beast,” required almost a month to hit that mark. “Fate” is also the highest-grossing film directed by an African-American. 

This news comes as no surprise, given the increasing international fervor surrounding these high-octane movies. Since “Fast & Furious,” the fourth movie in the series, was released in 2009, each installment has outpaced its predecessor domestically and globally. Universal, which is enjoying a bang-up year at the box office thanks to “Fate,” “Get Out” and “Split,” already has two more “Fast and the Furious” sequels planned, and studio executives have reportedly discussed a potential spin-off surrounding Dwayne Johnson’s and Jason Statham’s characters. Plus, as we pointed out a couple of weeks ago, “The Fate of the Furious” introduces a certain baby who could extend the story’s shelf life far beyond its current expiration date

Other franchises with multiple $ 1 billion earners include “Star Wars,” “The Avengers,” “Transformers” and “Pirates of the Caribbean.”

In other weekend box-office news, “How To Be a Latin Lover” opened to a decent $ 12 million, while the big-screen adaptation of Dave Eggers’ popular cyber-panic novel “The Circle” collected $ 9.1 million, a drowsy figure for a title released on more than 3,000 screens. The weekend’s big surprise was the Indian fantasy “Baahubali 2: The Conclusion,” which took in an estimated $ 10 million despite a mere 425-theater opening. 

The rest of the Top 10 includes “The Boss Baby,” “Beauty and the Beast,” “Going in Style,” “Gifted,” “Smurfs: The Lost Village” and “Born in China.”

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A $3.5 Billion Startup Exposed Hospital’s Data Without Permission

Cybersecurity firm Tanium spent years pitching its software by showing it working in a client’s network—something the client, a California hospital, says Tanium never had permission to do.
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Elliott Steps In After Akzo Spurns $24 Billion PPG Bid

Elliott Management, the big U.S. activist investor, threatened to use obscure Dutch corporate rules to force paint and chemicals giant Akzo Nobel to consider a sweetened $ 24.19 billion bid from American rival PPG Industries.
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CBO Sees 24 Million More Uninsured, $337 Billion Deficit Cut With GOP Plan

A Republican plan to replace the Affordable Care Act would leave 24 million more people without insurance in 2026 compared with current law and reduce the federal deficit by $ 337 billion through that year, the Congressional Budget Office said.
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PPG Makes $22 Billion Offer for Paint Rival Akzo Nobel, Is Rejected

Dutch paints-and-chemicals maker Akzo Nobel said it rejected an unsolicited $ 22.1 billion offer from U.S. peer PPG, setting up a trans-Atlantic standoff that pits two of the world’s oldest industrial giants amid a wave of consolidation in the sector.
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YouTube Exceeds 1 Billion Hours of Video a Day

YouTube viewers world-wide are now watching more than 1 billion hours of videos a day, a milestone fueled by the Google unit’s aggressive embrace of artificial intelligence to recommend videos.
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Kraft Withdraws $143 Billion Offer for Unilever

Kraft Heinz dropped its $ 143 billion offer for rival Unilever, just a little more than 48 hours after making public an audacious bid to combine two of the world’s biggest packaged-food companies.
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Kraft’s $143 Billion Bid for Unilever Highlights Squeeze in Consumer Goods

Kraft Heinz has made a $ 143 billion approach to take over U.K. consumer-products giant Unilever, a move that would bring together some of the best-known household brands in the world.
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Reckitt Benckiser to Buy Mead Johnson for $16.6 Billion

Reckitt Benckiser said it agreed to buy baby-food maker Mead Johnson for $ 16.6 billion, a cash deal that will almost double the size of the British company’s consumer-health business and help it push deeper into emerging markets.
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Intel Announces $7 Billion Investment in Arizona Plant

President Donald Trump and Intel Corp. Chief Executive Brian Krzanich announced plans for a $ 7 billion investment in a major manufacturing facility in Arizona.
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Oculus could cost Facebook up to $11 billion, but it might be worth it

Oculus could cost Facebook up to $  11 billion, but it might be worth itIn 2014, Facebook CEO Mark Zuckerberg spent $ 2 billion to purchase the virtual reality startup Oculus and its Rift headset. Nearly three years later, though, it looks like that $ 2 billion was just a down payment for the VR company, as Facebook will likely have to shell out billions more until the social network can get the Oculus’ technology to a point where Zuckerberg and co. are satisfied.



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Essilor, Luxottica to Create $49 Billion Eyewear Giant

Luxottica, maker of Ray-Ban, has agreed to a merger with French optical-lens maker Essilor, placing its Italian founder at the helm of a globe-spanning colossus with brands gracing European catwalks and California beaches.
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Apple Confirms Its $1 Billion Investment in SoftBank Fund

Apple confirmed it plans to invest $ 1 billion in SoftBank’s new technology fund to help finance technologies it could use in the future.
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North American Box Office Hits Record $11.4 Billion

The North American box office closed out the year with $ 11.4 billion in ticket sales, ComScore said Sunday. That marks a new record for the industry, bypassing the previous high-water mark of $ 11.1 billion that was established in 2015. ComScore, a data measurement company, did not calculate admissions, but studio executives and analysts believe that… Read more »

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Avaya: How an $8 Billion Tech Buyout Went Wrong

Avaya, a telephony company bought by private-equity firms TPG and Silver Lake in 2007 for about $ 8 billion, is weighing a chapter 11 bankruptcy filing to slash its $ 6 billion debt load.
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Avaya: How an $8 Billion Tech Buyout Went Wrong

Avaya, a telephony company bought by private-equity firms TPG and Silver Lake in 2007 for about $ 8 billion, is weighing a chapter 11 bankruptcy filing to slash its $ 6 billion debt load.
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Disney hits industry-first $7 billion at box office

After "Rogue One: A Star Wars Story" dominated their debut, Walt Disney Studios became the first distributor in history to hit $  7 billion in annual global box office receiptsA huge debut for "Rogue One" has seen Walt Disney Studios become the first distributor in history to hit $ 7 billion in annual global box office receipts, it said Monday. The $ 290 million worldwide opening for the "Star Wars" spinoff puts Disney's haul for 2016 at $ 2.7 billion in North America, also an industry record, and $ 4.3 billion elsewhere. It is the first year in which all five of Walt Disney Studios' top brands — Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Lucasfilm — have released movies.



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Yahoo Discloses New Breach of 1 Billion User Accounts

Yahoo said a newly discovered data breach affected more than a billion users, dwarfing the scope of another recently disclosed hack and raising fresh questions whether Verizon will follow through with its acquisition of the internet company.
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Yahoo Discloses New Breach of 1 Billion User Accounts

Yahoo Inc. revealed new security issues affecting more than a billion users’ data, a breach that is separate to the hack it disclosed earlier this year, which was the biggest data breach on record.
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‘One billion’ affected by Yahoo hack

Yahoo says one billion user accounts have been affected by another breach of its systems.
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21st Century Fox in Talks to Buy Rest of U.K.’s Sky for $14 Billion

21st Century Fox is in late-stage discussions to buy all of Sky PLC, the U.K.’s market-leading pay-TV provider, in a $ 14 billion deal, as Fox moves to consolidate its holdings.
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Stripe’s Valuation Nearly Doubles to $9.2 Billion

Stripe, whose software is used by businesses to accept and track digital payments, will be valued at $ 9.2 billion in a new funding round that is being completed, the company said.
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Stripe’s Valuation Nearly Doubles to $9.2 Billion

Stripe, whose software is used by businesses to accept and track digital payments, will be valued at $ 9.2 billion in a new funding round that is being completed, the company said.
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There’s a $13 Billion International Battle Over Who Will Keep Your Pants Zipped

A look inside the ongoing zipper wars.

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Samsung Charges Into Auto Tech With $8 Billion Deal for Harman

The South Korean smartphone maker said it would acquire the U.S. auto-parts supplier in an all-cash deal—Samsung’s largest acquisition to date— that would make it a major player in automotive technology.
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IPhone Producer Foxconn Bids $5.3 Billion to Buy Sharp

Foxconn, the Taiwanese company that assembles the bulk of the world’s iPhones, has offered about $ 5.3 billion to take over troubled Japanese electronics maker Sharp.
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IPhone Producer Foxconn Bids $5.3 Billion to Buy Sharp

Foxconn, the Taiwanese company that assembles the bulk of the world’s iPhones, has offered about $ 5.3 billion to take over troubled Japanese electronics maker Sharp.
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Softbank’s Investment in India Could Top $10 Billion

The Japanese technology company has already invested $ 2 billion in India in the past year and the pace of investments could accelerate in the future, its chief executive said.
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China’s JD.com Says Finance Unit Raises $1 Billion

Chinese e-commerce company JD.com said its financial subsidiary has raised $ 1 billion in financing, as competition intensifies among the country’s Internet giants to ramp up hugely popular offerings of online financial services.
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Severe Obesity Costs Medicaid $8 Billion Annually, Study Finds

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Katy Perry’s ‘Dark Horse’ hits 1 billion views

Katy Perry’s ‘Dark Horse’ music video has delivered more than one billion views, officially making it 10X Certified.
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SALE! Stop Staring! 1940s Style Pink Billion Dollar Baby Wiggle Dress

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