Krafts Heinz drop Unilever takeover Bid
Heinz Kraft abandoned its bid for Unilever, Anglo-Dutch rival.
Marmite maker refused to attempt a giant US food on Friday, saying he saw “no merit, either financial or strategic,” in Kraft’s offer, worth about $ 143bn $ (£ 115bn).
“, Unilever and Kraft Heinz held each other in high regard,” the companies said in a joint statement.
Shares in Unilever, up 13% on Friday, 7.3% in trading lunch in London to £ 35.18.
And Kraft’s offer was a premium of 18% to the closing price of shares of Unilever on Thursday. Kraft shares rose 11 percent on Wall Street on Friday.
He said George Salmon, an analyst with Hargreaves Lansdown, shelves and deal only one working day after announcing that it came as a surprise.
“It was always going to be on the pitch difficult to convince shareholders to give up their control of Unilever, given the expectations of the company to keep churning out the growth of flexibility in the coming years,” he said.
The deal was one of the largest in the company’s history, and the combination of dozens of household names.
Unilever owns Ben & Jerry’s ice cream, Dove soap and Hellmann mayonnaise, while Kraft cheese, Philadelphia group that includes Heinz baked beans.
“It seems that Kraft Heinz has underestimated the intrinsic value of Unilever and the challenge of obtaining control of the Dutch company, which would have opposed such a move raucous stakeholders,” said Martin Deboo, a Jefferies International analyst.
He said the BBC more than half of the company’s shares are listed entity in the Netherlands.
He said Michael Mullen, a spokesman for Kraft Heinz, gave the public interest at a very early stage.
“It was our intention to move forward on a friendly basis, but it was clear Unilever does not want to pursue the transaction. It is best to stay away early so both companies can focus on their own independent plans to generate value,” he said.
Reports have indicated that the prime minister Theresa May had asked the officials to discuss the deal before the dissolution of the union.
However, her spokesman said on Monday that the British government did not participate in Kraft’s decision to withdraw the offer.
The control of Cadbury by Kraft in 2010’s controversial enough to demand reforms to the rules governing how foreign companies buying British companies.
After promising a week to keep open Cadbury, near Bristol Somerdale factory, he fell Kraft said it would close the plant.
Group reviewed the seizure of laws and, in September 2011, strengthen the position of the target companies, and demanded more information from the bidding intentions providers after purchase, especially in areas such as job cuts.
In July last year, shortly after becoming prime minister, Ms. May and promised to have a “proper industrial strategy” that can be used to prevent acquisitions.
Youtube Ditches Unskippable 30 sec Ads
YouTube to scrap the “unskippable” ads of 30 seconds on a live video broadcast service, from 2018.
Google confirmed the plan for the program Newsround BBC, saying it wanted to focus on “the shapes that work well for both users and advertisers.”
And seen the ads unskippable long nuisance by many viewers, Google has introduced a shorter formats.
The agency said the media and the one that the move reflects the difference between online video and linear TV services.
He added that the “Declaration of 30 seconds is a legacy of the time television,” said Will Smith, head of the media office in the agency Agenda21.
“It’s a standard TV unit that put on the Internet, but they are not the most effective way to advertise.
“This will encourage advertisers to be more creative about how they use the platform.”
Many other sites, including the presentation of BBC International, unskippable ads feature a 30-second video content.
“Demand from advertisers for high content of the video, but there is a shortage of quality content,” said Smith.
“It’s good business for everyone to focus on the ‘skippables” – people do not have to sit through ads, and advertisers do not need to pay if you were to skip the ad. “
Tim Harford Talking to the machine
One zero, zero, zero and one, one. Zero, one, one …
Which is a computer language. Everything clever your computer does not – make a call, search the database, and play the game – come down to ones and zeros.
In fact, it comes down to having (one) or absence (zero) of the current in a small transistors on a semiconductor chip.
Thankfully, we do not have computers in the zeros and ones of the program.
Microsoft Windows, for example, uses a 20GB, or 170 billion zeroes and ones.
Printed, the stack of A4 paper is two and a half miles Dynamic (4km) high.
Imagine putting all the transistor manually.
Fiddly to ignore how this would be – transistors measuring only billionths of a meter – if it took me a second to flip all the switches and the installation of windows to take 5000 years.
Hitler’s Phone Sold For $243000 in US
ATV used by Adolf Hitler during World War II have been sold for 243,000 $ (£ 195744) at an auction in the United States.
Identity of the buyer, who bid by phone, was not disclosed. It began bidding in Chesapeake City, Maryland, at $ 100,000.
Red phone, which has a Nazi leader name engraved on it, was found in his Berlin bunker in 1945.
Soviet soldiers and presented to the British officer Sir Ralph Rayner as a souvenir shortly after the surrender of Germany.
Been selling the phone through the auction Alexander historical building Auctions.
Auction house officials said the phone was “a weapon of mass destruction”, as it was used by Hitler to give orders that took a lot of lives during the war.
Bring porcelain figure of an Alsatian dog, also owned by Hitler, $ 24,300. He was bought by one of the sponsors of the various offers.
Love story of Hungarian wins Golden Bear
BERLIN (Reuters) • in body and spirit, the Hungarian love story about two lonely hearts working in an abattoir in Budapest, won the Golden Bear award for best film on Saturday at the Berlin International Film Festival 67.
“This film is just the heart of a generous and approachable,” said director of Deco Enyedi, one of four female film- makers in the competition for the audience at the awards ceremony.
The head of the jury, the Dutch director Paul Verhoeven has board members seven days and fell in love with this film because he said people of something often forgotten in everyday life: compassion.
Kim Min Hee became the first South Korean to win the Silver Bear for Best Actress. He won on the beach at night alone, the director of Hong Sang-soo intimate drama about an affair with a married director.
The film shows that reflect the rumored relationship between Kim (34 years) and Hong (57 years), who filed for divorce from his wife in November of last year. Kim said in her acceptance speech that it “respects and loves,” Kong two denied nor confirmed the rumors, but holding hands at a party and.
Silver Bear for Best Actor went to Austrian Georg Friedrich of the bright nights, drama and father and son.
I went to the Grand Jury Prize for FELICITE, a French-Senegalese Belgian production directed by Alain Gomis. It is about the charismatic singer woman working in a bar in Kinshasa and brightens the lives of her fans.
The other side of hope, a comedy refugees cult Finnish film- maker Aki Kaurismaki, was at odds on favorite to win the Golden Bear. Instead, it took the Silver Bear for Best Director.
As usual in Berlin, dealt with current affairs this year’s festival with the entries that are reflected on global developments and the dark chaos of the modern world, and with the filmmakers who commented on the political events in the United States and elsewhere.
Said festival director Dieter Kosslick, “Thank you for all filmmakers who tried to save the world with a hair over the past 10 days,” in political discourse. “You do not need me to tell you that all is not right with the world now.”
And avoid sharply stated President of the United States, Donald Trump, who sparked international uproar name, declaring that he was suspended entry into the United States by citizens of seven countries, predominantly Muslim, this year, said the line-up, and address issues such as discrimination against ethnic minorities, was “to protest, including enough. ”
It introduced a new Jury Prize – Documentary Film origin – which were awarded to catch ghosts, from the Israeli interrogation center, Palestinian director Raed Andoni.
“President of the United States, yesterday called the press the enemy of the people,” the US film-maker Laura says Bwatra in providing award. “We are documentaries here to say we are the enemies of nationalism and exclusion.
Brexit Bills Goes to UK upper house
Peer to start discussing a draft law paving the way for the start of Brexit.
Parliament has already endorsed a proposed law authorizing Theresa May to inform the European Union of the intention of the United Kingdom to leave the country.
But the government does not have a majority in the House of Lords where he is scheduled to speak scored 191 peers, with a number of amendments submitted.
Opposition and crossbench peers are looking for guarantees on the rights of EU citizens in the UK and the role of parliament in the scrutiny of the process.
Ms. May has said it wants to invoke Article 50 of the Treaty of Lisbon in 2009 – a formal mechanism for two years by which the state can leave the European Union – by the end of March.
Mark Darcy: Lords and Brexit
Brexit: Everything You Need to Know
Rating data highlights the referendum
Laura Kuenssberg: Do Brexit project face trouble Act?
The government has set aside five days of debate in total for various stages of the European Union (notice of withdrawal) Bill – starting from the second reading, when the House of Lords and to discuss the general principles of law.
This is the second reading debate, which begins at 15:30 GMT on Monday and is scheduled to conclude on Tuesday evening – possibly with a vote, but only if the peer breaking with the usual practice of allowing government legislation by acclamation at this stage.
Although the amendments do not vote on it at this stage, speeches will be watching closely for signs of mood colleagues on the two of them major in parliament of a “final meaningful voice” on the draft agreement Brexit – and to ensure that EU citizens in the UK rights.
Uber investigates “abhorrent” sexism claims
Uber ride sharing company has said it would not make “urgent investigation” into allegations of sexual harassment in the company.
Blog post written by former Uber engineer Susan Fowler detailed a series of cases during her time at the company.
“What she described it is abhorrent and against everything Uber stands for and believes in,” Uber coach Travis Kalanick in a statement.
“Anyone who behaves in this way, or is believed that this is OK to be shot.”
It is the latest controversy to surround the company, especially with regard to issues about the treatment of women in the company.
Ms. Fowler wrote that shortly after joining the company based in San Francisco, made a new manager with sexual harassment towards it.
“He was trying to stay out of trouble at work, but he can not help to get trouble, because he was looking for a woman to have sex with him.”: Started
The lack of diversity
After reporting the incident to human resources, he said Ms. Fowler was told it would take no further action as it was “the first crime.” She said she was told she must try and join the alternative team in the company.
From here, you go to the list of many instances where I felt badly treated. Remember, the data – which the Populimag is unable to verify – that the number of female engineers in the company have fallen over the past year.
Unlike Google, Apple, Facebook and others, Uber choose not to disclose figures on diversity in the company.
Sunday evening, Mr. Kalanick responded to the allegations.
“I just read a blog Susan Fowler.
“It’s the first time you come to my attention that I have instructed until the new Lian Hornsey, we have a chief executive for human resources, to conduct an urgent investigation into these allegations.
“We are striving to make the uber workplace fair and there can be absolutely no place for this kind of behavior in Uber.”
Populimag has reached that many prominent investors Uber for comment.
Posted on Twitter, Jason Calacanis – investor early in the company – wrote: “What is the [Ms. Fowler describes is clear that it is not acceptable that the trust management to take swift action.”
“Leather jacket reward”
Grade bring concerns about discrimination on the basis of sex in Silicon Valley once again to the fore – with a blog post Ms. Fowler provoke the feeling of deja vu for many in the industry.
While Ms. Fowler has been publishing for Uber, many pointed out on Sunday that her experience was immediately recognized for other women working for companies in Silicon Valley and the technology industry on a larger scale.
That said, some of the tales in detail in 3000 the word Last Ms. Fowler set of shock to the farcical.
After submission of the initial complaint about her manager, she was threatened with access to tens of negative performance review – which makes it difficult to get promotions or transfers with the company.
She had been to preserve evidence e-mail from her complaint.
One of the cases involved more exotic leather jackets. Ms. Fowler described how the team had promised to leather jackets as they thank you for their work, and the measure as a team for the right sizes.
Wrote Ms. Fowler: “One day, all of the women (there was, I think, six of us left in the organization) received an email saying that there is no leather jackets are being ordered for women because there was not a sufficient number of women in the organization to justify placing an order.
“I replied, and said that I was sure Uber could find room in the budget to buy leather jackets for, what, six women if they can afford to buy them for more than one hundred and twenty men.
“Director answered back, saying that if we women really want equality, then we have to realize that we get equality by lack of access to leather jackets.”
“Setting an end.”
Since being founded in 2009, Uber has gained a reputation as a company that adopts Silicon Valley called “bro” culture, and work environments masculine male-dominated.
This view has been exacerbated by three years ago when he quipped Mr. Kalanick, in an interview with the magazine GQ, the customized service for women can be called “Boober”.
In 2014, Buzzfeed reported that Uber executive Emil Michael suggested the company would spend money on digging up dirt on Sarah Lacy, a journalist for the technology, which the company accused the women haters.
The latter, the most detailed of the work in the company’s culture is perhaps the most damaging criticism so far.
“When I joined Uber, you are part of the organization was more than 25% of women,” wrote Ms. Fowler.
“By the time he was trying to transfer to another organization [Engineering], and that number has dropped to less than 6%.
“The women were transferred outside the organization, and those who were unable to quit smoking or preparing to finish the transfer.”
It now works on the tape payments company, also based in San Francisco.
Trump Tries To Clarify Sweden Remarks
President Donald Trump sought to explain why pointed to a security incident in Sweden on Friday, which did not happen in reality.
Addressing a rally on Saturday, he said, “look at what happened last night in Sweden,” where it reviewed parts of Europe, which was hit by the terrorist attacks.
With no such incidents reported in Sweden on Friday, and asked the US administration country an explanation.
Mr. Trump tweeted on Sunday that he was referring to a television report.
He said he had been aired on Fox News Channel, but did not say when. He had been referring to the Fox News program on Friday night, which looked at the refugees and crime in Sweden.
Despite his words, “going on last night in Sweden,” said White House spokeswoman Sarah Huckabee Sanders separately that Mr. Trump was talking about the recent rise in crime and accident rates in general, it does not refer to a specific issue.
The former Swedish Prime Minister Carl Bildt among those who scoffed at comments by Mr. Trump, suggesting that “it was smoking.”
US navy Begin South China Sea Patrols
US aircraft carrier USS Carl Vinson began what it calls “routine operations” in the South China Sea, with the support of a fleet of warships.
Its release comes days after China’s Foreign Ministry warned Washington against the challenge Beijing’s sovereignty in the region.
China claims the disputed several shallow waters and small islands and coral reefs in the region.
Construction of artificial islands with airstrips in the south for a number of years China Sea has been done.
The last aircraft carrier in the South China Sea two years ago, to conduct exercises with the Malaysian navy, air and made 16 trips to the region in 35 years of US Navy service.
The US Secretary of Defense James Mattis, during a recent trip to Japan, which Trump administration saw no need for “massive military movements” at this stage.
The statement appeared to repudiate the comments on this subject from the Secretary of State Rex Tillerson, who told senators during the confirmation hearings that China should be prevented from reaching the disputed islands.
On Wednesday, a spokesman for the Chinese Foreign Ministry Geng Shuang said: “We urge the United States not to take any actions challenging the sovereignty and security of China.”
Diplomatic row Kim Jong-Nam Killing
Malaysia has stepped up diplomatic measures against North Korea in the escalating dispute over the death of Kim Jong-nam, the half-brother of the leader Kim Jong-un in North Korea.
Kim Jong Nam, died in mysterious circumstances last week in the Malaysian capital Kuala Lumpur Airport.
Police believe he died of poisoning.
Malaysia has recalled its ambassador from the North Korean capital Pyongyang and summoned the North Korean ambassador “to seek an explanation.”
He says Malaysian police are now looking for four North Koreans.
He said North Korea’s ambassador in Kuala Lumpur, Kang Chol, told reporters he did not trust in the Malaysian investigation.
“Seven days have passed since the incident, but there is no clear evidence of the cause of death at this moment we can not trust the investigation by the Malaysian police in spite of the results [yet to be got.
“The increase is no doubt that there is another person behind the investigation.”