FTC says Facebook brands' merger may hamper its split

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Source: Dukascopy Bank SA
The FTC Chairman Joseph Simons stated that Facebook's plan to merge Instagram and WhatsApp could hamper any attempts to split the social media titan, according to the Financial Times.
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Tue, 20 Aug 2019 11:55:29 GMT

Elanco acquires Bayer's unit for $7.6B

On Tuesday, Elanco Animal Health has agreed to acquire Bayer's veterinary drugs unit in a cash-and-stock deal worth $7.6B, establishing the second biggest animal health business.

Tue, 20 Aug 2019 10:05:20 GMT

China's Baidu tops earnings forecasts, shares soar

On Monday, Baidu, China's internet search giant, has topped quarterly earnings expectations, after adding more subscribers to the company's video streaming service, surging the shares 9% in after-hours trading.

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