Qualcomm Incorporated announced on September 13, 2018, that it has entered into accelerated share repurchase agreements with each of Bank of America, N.A., Citibank, N.A. and Morgan Stanley & Co. LLC to repurchase an aggregate of $16 billion of the company’s common stock, with an initial delivery to Qualcomm of approximately 178 million shares in the aggregate.
Qualcomm $16 Billion Share Repurchase
The final number of shares to be repurchased will be based on the volume-weighted average price of Qualcomm’s common stock during the term of the transaction, less a discount and subject to adjustments pursuant to the terms and conditions of the ASR Agreements. The company is funding the accelerated share repurchase with existing cash resources.
GUESS?, Inc. (“GUESS”) (NYSE: GES) and TikTok (“TikTok”) have partnered to launch TikTok’s first branded content in the USA and first fashion branded content globally.
GUESS and TikTok ‘s Partnership
TikTok, Musical.ly, a short-form video content app which serves as an incubation hub for digital culture, is dominating the social community platform space. In the first quarter of 2018, TikTok was the world’s most downloaded iOS app, according to US research firm Sensor Tower.
In an increasingly visual social media landscape, GUESS and TikTok are bringing fashion content to the Millennials and Gen Z generations through their preferred medium – short-form video. GUESS will be launching the first ever fashion takeover on TikTok on Sept 1, 2018 that will directly lead to the first TikTok promoted hashtag challenge in the US. As each TikTok user opens the app during the GUESS brand flight, they will be directed to the #InMyDenim challenge. The phenomenon of hashtag challenges spreading across the globe are inspiring millions of users to participate organically and enthusiastically in viral call-to-actions whether for a cause or for fun.
(BUSINESS WIRE)–Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. (OTCQB: HGBL and CSE: HGP), announced on August 20, 2018, it is managing a global online auction featuring the complete campus assets of Coleman University in San Diego, CA beginning August 27, 2018. Founded in 1963, Coleman focused on information technology undergraduate and graduate programs. The University is closing its doors after serving students for 55 years.
Heritage Global Partners to Manage Auction San Diego
To register for the event and/or access the complete sale catalog with photos, lot descriptions and other information, visit HGP’s website today.
Hundreds of Acer, LG, Nvida, Intel and AMD Desktop and Tower Computers
Large quantities of Lenovo, Dell and Intel Servers, Networking, Routing, and Telecom Equipment
Assorted Name-Brand Computer Monitors, TVs and Flat Screens
Training Equipment, Work Stations and Complete Theaters, Game Rooms and Corporate Kitchen
Executive Office and Conference Room Furnishings, including Desks, Chairs, Cabinets and Much More
“Everything from school memorabilia and brand-name technology equipment to well-maintained office furnishings and game room tables is up for sale at our upcoming online auction of the historic Coleman University campus,” stated David Barkoff, HGP Director of Sales. “This sale offers something for everyone, including alumni, consumers, businesses, schools, equipment lenders and resellers. As a result, we are already receiving strong interest from buyers and expect participation levels to grow as we approach the launch date.”
“HGP continues to be acknowledged as a leader in pairing tangible and intangible assets with qualified global purchasers,” stated Kirk Dove, Heritage President and Chief Operating Officer. “HGP has deep experience effectively monetizing surplus or complete campus assets on behalf of a number of career education organizations, such as Westwood Colleges, Art Institutes and Mattia. As a San-Diego based Company, Heritage is honored to conduct this sale on behalf of Coleman University, an outstanding higher-education institution that served IT professionals across the region for 55 years.”
Serko Ltd and Uber are proud to announce a new partnership that will give Serko Zeno users an even easier way to process expense claims for Uber trips.
Serko and Uber Partnership for Better Travel and Expense
The integration enables trip information to be sent directly from an Uber for Business account to a Serko Zeno user’s expense report and removes the burden on travellers to capture or forward email receipts.
The deal means Serko Zeno users can manage their door to door travel experience and post-trip expense management seamlessly in Serko Online or Zeno.
Serko CEO Darrin Grafton said “Our focus is all about making corporate travel and expense smarter, by reducing friction for the traveller, maximising data integrity and giving the CFO greater visibility on the entire cost of travel. We’re excited to partner with Uber to bring a whole new level of simplicity to corporate expense management. This integration is a smarter way for organisations to enable their people to be mobile, as the whole payment and reconciliation process happens seamlessly.”
Georgia Foster, Head of Uber for Business, Australia & NZ, added: “More and more businesses are realising the benefits of using Uber for corporate travel. We operate in more than 60 countries globally and enable safe, affordable and reliable trips around a city – no matter how familiar you are with the local language or road rules.
“This integration with Serko Zeno makes it even easier for businesses to have transparency and control over their employees’ ground transportation spend, while delivering a better employee experience. Taking away cumbersome administration elements to streamline expense reporting where possible is better for everyone. This means no more having to sift through your email or wallet to find your receipts, and users can easily set up personal and business travel profiles to balance their travel needs.”
With more than 6,000 organisations around the world using Serko’s platforms for travel management, the integrated expense management solution in Serko Online and Zeno is an intelligent way to gain visibility and control over corporate expenses such as Uber trips.
Serko is a leading travel and expense technology solution, used by over 6,000 corporate entities and Travel Management Companies (TMCs) who combined book more than AU$6bn of travel a year through Serko’s platforms.
Zeno is Serko’s next generation travel management application, using intelligent technology, predictive workflows and a global travel marketplace to transform business travel across the entire journey.
Listed on the New Zealand Stock Exchange Main Board (NZSX:SKO) and the Australian Securities Exchange (ASX:SKO). Serko supports customers in 35 countries worldwide, with its HQ in New Zealand, and offices across the US, Australia, China and India.
FESTIVE ROAD, the world’s leading travel and
meetings engagement consultancy, has announced an “Innovation Partnership” with
travel management predictive analytics leader PredictX.
PredictX and Festive Road Partnership For Industry Innovation
The two companies have joined forces to combine leading consultancy with advanced
analytics – creating a force for better business travel and meetings management. The
partnership aims to create innovative solutions to solve travel and meetings
management pain points for buyers and suppliers across strategy, sourcing and delivery
The partners have identified an initial pipeline of solutions to nine key industry
problems. The solutions will be developed over the next twelve months.
PredictX will also empower Festive Road’s ever-increasing outsourced travel
management portfolio with advanced predictive data-driven insight. The result is a
unique industry health check solution complete with both qualitative and quantitative
Caroline Strachan, Managing Partner at Festive Road believes both companies share a
common identity rooted in industry innovation and have much to offer the broader
“The potential for innovation when you combine consulting minds with unique data-
driven insight is really exciting. PredictX and Festive Road share a similar cultural DNA
which makes this partnership a really powerful proposition. The nine pipeline solutions
are the result of numerous “What would it take to significantly shift Travel & Meetings
Management” workshops… We can’t wait to show the industry what we will achieve in
the coming months,” said Strachan.
PredictX CEO Keesup Choe agrees:
“Our vision is to transform the way businesses make decisions. The more advances we
make in machine learning and predictive analytics for the travel industry, the more there
is a need to review the strategy to leverage these advances. Festive Road are the leaders
in helping businesses transform their travel programs. Guided by Festive Road advice,
our clients will be fully prepared to make transformative improvements powered by
advanced analytics.” said Choe.
Just before the opening of Comic-Con International: San Diego, Lexus and Marvel have announced a collaboration to pair the first-ever 2018 Lexus LC with Marvel’s dynamic Black Panther character in the highly anticipated film, Marvel Studios’ Black Panther, slated to hit theaters on Feb. 16, 2018.
Directed by Ryan Coogler, and starring Chadwick Boseman, Michael B. Jordan and Lupita Nyong’o, the film follows T’Challa, who, after the events of Marvel Studios’ “Captain America: Civil War,” returns home to the isolated, technologically advanced African nation of Wakanda to take his place as King.
“Marvel continuously captures audiences through charismatic characters and inspiring stories — the ideal fit for Lexus’ mission
Finavia, the operator of Helsinki Airport, has decided to speed up its ambitious climate programme. The aim of the programme is to reduce the carbon dioxide emissions caused by the operations of all of the company’s 21 airports to zero by 2020. Through its airport network, Finavia is a key party to the commitment of European airport companies to have 100 carbon-neutral airports in Europe by 2030.
At Helsinki Airport, this goal will already be reached in 2017, when the largest airport solar power plant in the Nordic countries is opened at the airport, and when airport buses start using renewable fuels.
Seattle Sounders Sell-Out to Oregon Liquor Company
I guess Paul Allen and the Sounders need the money? Or they just want to make sure their young fans know how healthy it is to drink liquor? Hood River Distillers, Inc., the largest and oldest importer, distiller, producer and bottler of distilled spirits in the Northwest, announced that Pendleton Midnight, its super-premium, blended Canadian whisky, will be named the Official Whisky of Seattle Sounders FC, the defending Major League Soccer (MLS) champions.
Kevin Harrington, original Shark on ABC’s Emmy winning “Shark Tank” and infomercial inventor, announces his official partnership with Horse Races Now, the comprehensive horse racing app. Kevin Harrington will be joining the Board of Directors and the Management Team, helping with all aspects of the business with a particular emphasis on global marketing to new customers.
Kevin Harrington has launched more than 500 products that have generated more than $5 billion in global sales in addition to his better-known role as a Shark.
RF360 Holdings to Enable Delivery of RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices, automotive and IoT
San Diego – based Qualcomm Incorporated and TDK Corporation have announced the completion of the previously announced joint venture under the name RF360 Holdings Singapore PTE. Ltd. (RF360 Holdings). The joint venture will enable Qualcomm’s RFFE Business Unit to deliver RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), automotive applications, connected computing, and more. The business being transferred constitutes a part of the TDK SAW Business Group activities.Continue reading “Qualcomm and TDK Announce Launch of Joint Venture”