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Apple's IPhone 11 Runs Into Buggy Launch

Nov.21 — Apple is overhauling how it tests software after a swarm of bugs marred the latest iPhone and iPad operating system launches, according to people familiar with the shift. Tom Forte, DA Davidson senior research analyst, and Bloomberg’s Mark Gurman reports on “Bloomberg Technology.” …read more […]

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SoftBank Execs Discuss Trimming WeWork Offer and Adam Neumann Payout

(Bloomberg) — Executives at SoftBank are looking for a way to reduce the size of a $3 billion offer for WeWork stock as part of its rescue package, as the office-sharing behemoth makes wide-ranging cuts to staff.The discussions at SoftBank center around shrinking a $3 billion tender offer for WeWork shares owned by founders, employees and investors, according to people with knowledge of the talks. Such a move would be designed, at least in part, to limit the amount paid to co-founder Adam Neumann, said the people, who requested anonymity because the matter is private.It’s unclear how SoftBank could renege …read more […]

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Ontario considers plan to revamp cannabis distribution process

Cannabis stocks are exploding today on Bloomberg’s report that Ontario officials are considering a plan to replace the slow moving lottery system to open legal dispensaries with a plan that could allow for up to 1,000 additional pot shops. Yahoo Finance’s Zack Guzman, Kristin Myers, and Payne Capital Management’s Courtney Dominguez discuss on YFi PM. …read more […]

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The Secret Behind Our Biggest Investing Legends

As a consumer of financial news, you’ve probably seen stories with headlines like…
Here’s How Much Money You’d Have If You Invested $1,000 in the IPO of [insert hugely successful company name here]
Here’s How Much Money You’d Have If You Invested $1,000 in Apple When Steve Jobs Launched the iPhone
If You Invested in Disney 10 Years Ago, Here’s How Much You’d Have Now
It’s a kind of parlor game. Pretty much every major financial news outlet does some variation on this theme.
It’s like looking at multimillion-dollar homes on Sotheby’s. Some people call this “real estate porn.”
But like the feeling of inadequacy you …read more […]

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Chinese antitrust regulator approves Boeing-Embraer deal

A Chinese antitrust regulator has approved Boeing Co’s deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator’s website. The Boeing-Embraer deal appears on a list dated Nov. 19 of transactions “approved unconditionally” that is posted to the website of the Chinese State Administration for Market Regulation’s anti-monopoly department. Boeing, the world’s largest planemaker, has been seeking to finalize its purchase of 80% of Embraer’s commercial jet division in a bid to compete with Europe’s Airbus in the market for planes with fewer …read more […]