billion-market Archives

Steve Ballmer takes 4 percent stake in Twitter, owns more than CEO

October 16, 2015 admin after-being, angeles, billion-market, chief-executive, his-spokesman, microsoft, news-conference, percent-stake, prince, prince-alwaleed, social, spokesman, staples, staples-center, steve-ballmer

Former Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value

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EU privacy regulators give EU, U.S. three months to find new data pact

October 16, 2015 admin angeles, billion-market, chief-executive, data-protection, ensure-everyday, european, personal-data, prince, social, staples-center, steve-ballmer, the-regulators, united

By Julia Fioretti LONDON (Reuters) – Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday. The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue