Thursday, August 22, 2019

Amazon buys 49% stake in Future Coupons, which, filings show, may be worth ~$104M, and would give Amazon 3.58% stake in India's No. 2 retail chain Future Retail (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Amazon buys 49% stake in Future Coupons, which, filings show, may be worth ~$104M, and would give Amazon 3.58% stake in India's No. 2 retail chain Future Retail  —  Amazon, which has invested more than $6 billion in India's growing internet market, just invested a little more as it moves …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...