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Using Twitter stock to fund the takeover, Twitter announced in July 2008 it had acquired Summize. Summize had six employees, all of whom joined Twitter except for Verdy. [1] The month of the acquisition, Twitter changed both its page for real-time searches and its search API to use Summize's product. [2]
On April 15, Twitter's board of directors announced a "poison pill" strategy which would allow shareholders to purchase additional stock in the event of a hostile takeover; the plan expired on April 14, 2023. [26] On April 17, Taylor was urged by Twitter's largest institutional shareholders to "seriously consider" the offer. [6]
In 1991, the present parent legal entity, HSBC Holdings plc, was established in London and the historic Hong Kong–based bank from whose initials the group took its name became that entity's fully-owned subsidiary. [9] [10] [11] The next year (1992), HSBC took over Midland Bank and thus became one of the largest domestic banks in the United ...
HSBC’s $3 trillion in total assets and $1.6 trillion in customer deposits makes it one of the world’s largest banks. Its business, therefore, spans markets across the globe.
Twitter’s Market Cap: $31.34 Billion. Investors use market capitalization, or market cap for short, to gauge a company’s worth, and the market cap is just all the company’s stock combined ...
Stock stability. Conservative retirement investors prefer investments that move less dramatically than typical stocks, and they particularly want to avoid big losses.
Hang Seng Bank Limited (Chinese: 恒生銀行有限公司) is a Hong Kong–based banking and financial services company with headquarters in Central, Hong Kong.It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank.
John Michael Flint (born 1968) is a British banking businessman, who was chief executive (CEO) of HSBC Group from February 2018, having succeeded Stuart Gulliver.After serving for about 18 months, Flint announced on 5 August 2019 that he would be stepping down from the position, after a mutual agreement with the board.