Monday, May 16, 2022

US carrier JetBlue launches hostile takeover of Spirit Airlines

American low-cost carrier JetBlue Airlines announced on Monday a hostile takeover bid for its rival Spirit Airlines, which had rejected a previous bid in favour of a merger with Frontier.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/us-carrier-jetblue-launches-hostile-takeover-of-spirit-airlines

Facebook: from Harvard dorm to global phenomenon

Key chapters in the history of Facebook, the world's biggest social media application, which marks the tenth anniversary Wednesday of its stock market debut.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/facebook-from-harvard-dorm-to-global-phenomenon

Facebook changing with times a decade after stock debut

Facebook boss Mark Zuckerberg rang the opening bell remotely to cheers 10 years ago as the beloved social network made its stock market debut, culminating an all-night hackathon that included street hockey, costumes and music.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/facebook-changing-with-times-a-decade-after-stock-debut

Renault hands Russian assets to Moscow

French automaker Renault has handed over its Russian assets to the Russian government, both parties announced Monday, marking the first major nationalisation since the onset of sanctions over Moscow's military campaign in Ukraine.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/renault-hands-russian-assets-to-moscow

New Zealand to help pay for cleaner cars to reduce emissions

New Zealand's government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/new-zealand-to-help-pay-for-cleaner-cars-to-reduce-emissions