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11/21/2024 05:43:21 pm

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Soros Hedge Fund, Alibaba, Baidu, ETF Shares

Billionaire George Soros Dumps Alibaba and Baidu Shares - Buys Stake in China ETF

American billionaire George Soros' investment company has sold the majority of its shares in Alibaba and Baidu, and bought a substantial stake in a Chinese ETF company. This company invests in Chinese-owned and based corporations, according to its second quarter report. Alibaba's shares suffered a loss of more than $100 billion since late last year which may be the reason for the sale.

Time Warner's HBO Announces 7% Cut On Staff

Time Warner Inc.’s pay TV channel HBO is reportedly preparing to lay off 7% of its staff in the United States, amounting to around 150 jobs.

hbo-ceo-and-president-stage

HBO Cuts Cable Cord, Will Launch Standalone Service in 2015

HBO is preparing a cable-free broadband subscription service in 2015, offering their TV shows to broadband-only and international audiences for the first time.

Wang Jianlin, chairman of Chinese property developer Dalian Wanda Group, at launch ceremony of the Qingdao Oriental Movie Metropolis on the outskirts of Qingdao, Shandong province, Sept. 22, 2013.

Move over Rupert Murdoch: Does China's Wang Jianlin and His Wanda Group Want to Buy Time-Warner?

Could Wang Jianlin, China's wealthiest man and founder of China's largest commercial real estate company Wanda Group, be interested in buying Time-Warner?

A box from Amazon.com

Amazon Removes Disney Film Pre-Orders Following Dispute

Amazon removed Disney films from their online pre-order following a dispute between the two companies.

Time Warner

Time Warner Improves Earnings But Shares Go Steady

Time Warner reported improved quarterly earnings Wednesday with shares lagging from estimates.

Time Warner

Time Warner CEO Set to Receive $79 Million After Merger

Jeff Bewkes, the chief executive officer of Time Warner, will be $79 million richer after Time Warner receives its return from the AOL merger.

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