Tag: business
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Criteo 1Q24 Earnings: The Turn-Around Works
Criteo is turning a corner: strong, low double-digit percentage growth for three quarters in a row after anemic growth before. New products’ growth is now able to make up for the losses in the former core retargeting business. It was not always clear they would be able to pull that off. Of those, maybe surprisingly,…
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Tesla Hits Reset Button as Reality Catches Up
Today was a rough day for Tesla and its CEO Elon Musk. The electric vehicle pioneer announced layoffs of around 10% of its workforce, or more than 14,000 employees. While Tesla has had sizable layoffs in the past, this latest round signals that the company’s reality check has arrived. The heady days of Tesla being…
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What HubSpot Acquisition Would Mean For Google – And For Salesforce And Adobe
In recent news, there have been rumors that Google is eyeing an acquisition of HubSpot, a cloud-based customer relationship management (#CRM) and marketing automation platform with an estimated market value of $35 billion. This deal could have significant implications for both companies and the broader tech landscape. Upsides for Google: If this deal goes through,…
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Will Proxy Fight Against Disney’s Board Succeed?
At tomorrow’s Disney shareholder meeting we will learn which course the company will take in the future. (The meeting takes place Wednesday, April 2, 2024.) Tomorrow we will know: Will Nelson Peltz’ proxy fight against CEO Bob Iger (pictured above) and the incumbent board of directors succeed? Peltz and his supporters demand seats on the…
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Walmart is acquiring Vizio: Did Somebody Say “Retail Media Via CTV”?
The deal is a win-win for both partners. For Walmart, it means additional ad revenue from Vizio’s 500+ advertising clients. It also potentially adds Vizio ad technology that Walmart doesn’t already have in its #retailmedia networks (Walmart Connect and Sam’s Club). Walmart also gains distribution for its e-commerce offer via Vizio TV sets. Did anyone say “retail…
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A Word To the Wise About Nvidia
Today, Nvidia overtook Alphabet in terms of market capitalization, making it the third biggest U.S. company behind Microsoft and Apple. There has been a lot of talk recently about the stratospheric rise of Nvidia’s sales and stock price. Also, how the company has a lot of room to grow given they are the most important…
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