The Wall Street Journal reported that Twenty-First Century Fox Inc. (NASDAQ: FOXA) and Walt Disney Co. (NYSE: DIS) have discussed a major M&A deal:
Walt Disney Co. recently held talks to purchase a large chunk of 21st Century Fox’s entertainment businesses, people close to the talks said, signaling Disney is serious about bolstering its TV operations and Rupert Murdoch is open to a restructuring of his empire.
Delta Air Lines Inc. (NYSE: DAL) may place a huge order for new jets. According to Bloomberg:
Delta Air Lines Inc. is nearing an order for about 100 single-aisle planes, people familiar with the matter said, in a much-anticipated deal valued at as much as $12.7 billion.
The No. 2 U.S. carrier is also seeking options to buy as many as 100 more planes as it chooses between Airbus SE’s A320 family of aircraft and Boeing Co.’s 737 jetliners, said the people, who asked not to be named because the discussions are private. Talks are advanced and a decision, which will test Delta’s strained relationship with Boeing, will probably be made before year-end, the people said.
Apple Inc. (NASDAQ: AAPL) is looking for new places to park money overseas. According to the AP:
Apple revamped its overseas subsidiaries to take advantage of tax loopholes on the European island of Jersey after a crackdown on Ireland’s loose rules began in 2013, according to The New York Times and the International Consortium of Investigative Journalists.
The news outlet and the nonprofit investigative organization cited confidential records that were obtained by the German newspaper Suddeutsche Zeitung (“ZOOT-doi-cheh DZEYE-tung”) and shared. The cache of 13 million secret documents came from Appleby, a Bermuda-based law firm that helps businesses and wealthy individuals find tax shelters.
Uber has made a donation to sexual harassment prevention programs. According to CNNMoney:
Following its sexual harassment scandal, Uber is pledging $5 million toward sexual assault and domestic violence prevention.
The ridesharing company announced the effort on Monday on the heels of sexual harassment and assault reports hitting Hollywood, media and the tech industry.
The funds, which will be distributed over the course of five years, will go to various groups, including Raliance, the National Network to End Domestic Violence and NO MORE
The new iPhone has a problem. According to The New York Post:
Many will have experienced the desire to chuck their phone against the wall when it keeps trying to autocorrect your messages to something you don’t want to say.
Now it appears that iPhone owners are being subjected to a world of typing pain thanks to a software glitch.
The problem cropped up following the 10S 11 software update and launch of the iPhone X.
Apple fans across the world are noticing that every time they type the letter “i”, their phones try to swap it for “a” followed by a “?.”
Toyota Motor Corp. (NYSE: TM) bumped up its earnings forecast. According to Bloomberg:
Toyota Motor Corp. raised its annual profit forecast for a second time this year, helped by a weaker yen and U.S. sales that outpaced Ford Motor Co.
In the three months to September, Toyota took a 15 percent share in the U.S. — its biggest market — for the first time since 2009. Toyota outsold Ford every month in the quarter, with the RAV4 compact crossover setting a ninth straight monthly sales record in September. Sales also got a boost from the July launch of a completely redesigned Camry sedan, the bestselling car in America.