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Search resuls for: "Joseph Hoppe"


9 mentions found


☆ Adobe’s $20 Billion Purchase of Figma Would Harm Innovation, U.K. Regulator Provisionally Finds
  + stars: | 2023-11-28 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
Photo: Gabby Jones/Bloomberg NewsThe U.K. Competition and Markets Authority said it has provisionally found Adobe ’s planned $20 billion acquisition of collaboration-software company Figma would likely harm innovation for software used by the vast majority of U.K. digital designers. The regulator said Tuesday that, following a detailed Phase 2 investigation, it provisionally found that the deal would eliminate competition between two main companies in product-design software, reduce innovation and the development of new competitive products, and remove Figma as a threat to Adobe’s flagship Photoshop and Illustrator products.
Persons: Gabby Jones Organizations: Bloomberg, Competition, Markets Authority
☆ Joseph Hoppe — Reporter at The Wall Street Journal
  + stars: | 2023-11-05 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
Joseph HoppeJoseph Hoppe is a reporter on the U.K. desk in Barcelona, covering business and financial news with a special focus on British real estate. He writes for Dow Jones Newswires and The Wall Street Journal.
Persons: Joseph Hoppe Joseph Hoppe, Dow Jones Newswires Organizations: Street Locations: Barcelona
☆ Meta Pledges to Allow Marketplace Customers to Opt Out of Data Sharing, U.K. Regulator Says
  + stars: | 2023-11-03 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
Meta Platforms has pledged to allow its Facebook Marketplace to limit how it uses advertising data for its own product development. Photo: CARLOS BARRIA/REUTERSThe U.K. competition regulator said Meta Platforms has pledged to allow its Facebook Marketplace customers to opt out of having their data used by the company, and for it to limit how it uses advertising data for its own product development. The Competition and Markets Authority said Friday that it has accepted sets of commitments from tech corporations Amazon.com and Meta as a result of separate investigations, which it said will help protect fair competition on their respective platforms.
Persons: CARLOS BARRIA Organizations: Facebook, Markets, Meta
☆ Holy Fish and Chips, Batman! DC Studios Moves Hub to England
  + stars: | 2023-09-22 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/holy-fish-and-chips-batman-dc-studios-moves-hub-to-england-49dcfb3f
Persons: Dow Jones, 49dcfb3f Locations: england
☆ Jenny Strasburg — Senior European Correspondent, Energy at The Wall Street Journal
  + stars: | 2023-09-12 | by ( Jenny Strasburg | Mari Novik | Collin Eaton | ) www.wsj.com   time to read: +1 min
Jenny StrasburgJenny Strasburg is a reporter in London, where she writes for The Wall Street Journal about oil and gas, climate, the transition to lower-carbon energy and the people, money and politics setting the global energy agenda, in conflict with it, or left behind because of it. Jenny previously covered global investment banks in the U.S. and Europe, as well as hedge funds, trading and markets, with a focus on in-depth investigations, before pivoting to Covid-19 vaccines and geopolitical responses to the pandemic. Jenny has shared collaborative-reporting honors including the George Polk Award, Gerald Loeb Award, New York Press Club Award, National Headliner Award and Sabew Best in Business Award. She completed the Knight-Bagehot Fellowship in economics and business journalism at Columbia University before writing about private investment funds at Bloomberg News. She joined the Journal in 2008 in New York, before moving to the U.K. in 2013.
Persons: Jenny Strasburg Jenny Strasburg, Jenny, George Polk, Gerald Loeb Organizations: Wall Street, New York Press, Columbia University, Bloomberg News Locations: London, U.S, Europe, New Mexico, West Texas, Corpus Christi, San Francisco and New York, New York
☆ Ivan Menezes, Longtime CEO of Guinness Maker Diageo, Dies at 63
  + stars: | 2023-06-07 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ivan-menezes-longtime-ceo-of-guinness-maker-diageo-dies-at-63-20199368
Persons: Dow Jones, ivan, menezes Organizations: guinness, diageo
☆ BP Beats Expectations With $5 Billion Profit After Fending Off Shareholder Challenge
  + stars: | 2023-05-02 | by ( Jenny Strasburg | Joseph Hoppe | ) www.wsj.com   time to read: 1 min
BP has scaled back earlier targets for reducing its oil-and-gas production. Photo: ANDREW KELLY/REUTERSBritish oil major BP beat expectations in the first quarter on strong results from trading oil and gas, and said Tuesday it will buy back another $1.75 billion in shares. BP’s first-quarter underlying replacement-cost profit—a metric similar to net income that U.S. oil companies report—of $4.96 billion—exceeded the $4.27 billion average forecast by 25 analysts in a survey compiled by the company. It compared with $6.25 billion a year prior.
☆ Diageo to Buy Premium Rum Brand Don Papa
  + stars: | 2023-01-17 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
Diageo and other distillers have sought to nudge the rum category upmarket as drinkers show a propensity to pay for pricier booze. Diageo PLC has agreed to buy Don Papa Rum, a high-end dark rum from the Philippines, in a deal worth up to about $473 million, as the liquor giant bids to move further upmarket. The owner of Johnnie Walker whisky and Tanqueray gin will pay 260 million euros, equivalent to $281 million, upfront for Don Papa, with a further potential consideration of up to €177.5 million through to 2028 subject to performance.
☆ AstraZeneca to Buy U.S. Cardiorenal-Drug Maker
  + stars: | 2023-01-09 | by ( Joseph Hoppe | ) www.wsj.com   time to read: +1 min
Anglo-Swedish pharma giant AstraZeneca PLC has agreed to buy CinCor Pharma Inc., including global rights to its baxdrostat cardiorenal drug, for an upfront transaction value of around $1.3 billion. It has also committed to a further $10 a share in cash, payable upon a specified regulatory submission of a baxdrostat product. AstraZeneca said the acquisition will bolster its cardiorenal pipeline by adding baxdrostat, an inhibitor that has shown promise in clinical trials lowering blood pressure in treatment-resistant hypertension. The upfront cash portion of the acquisition represents a 121% premium to CinCor’s closing market price of $11.78 on Friday. Combined, the upfront and so-called maximum potential contingent value payments represent a transaction value of around $1.8 billion.
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