The world was awaken from its weekend slump by the terrible mass shooting in Orlando, Florida. And G4S found itself in the mess as the shooter was identified to be an employee of the company. The attention from the crowd regarding the event was enough to catapult G4S to the top position on Sentifi Attentions list. Read on to find the other important stories on Sentifi before Monday begins.
1/ G4S: Tangled in Orlando shooting [2,512 messages in the last 24h]
The world’s largest security firm found itself connected to the mass shooting in Florida on Sunday as the shooter, Omar Mateen, was identified as an employee of the firm. To be more specific, he was an armed security officer. According to a report, Mateen showed some signs of supporting ISIS, which prompted the FBI to conduct interviews with him in 2013 and 2014, but both yielded no result.
2/ Symantec: Acquires Blue Coat [1,039 messages in the last 24h]
The American technology company Symantec agreed to acquire the cybersecurity firm Blue Coat for $4.65 billion. This deal will solidify Symantec’s leadership position in cybersecurity. Blue Coat CEO Greg Clark will also be the chief executive of the combined company.
3/ Sports Direct Intl: Shows interested in BHS’s shops [426 messages in the last 24h]
The sports retailer has made its acquisition intention clear to BHS. No, Sports Direct doesn’t want to acquire BHS itself, but rather buy some of its shops. BHS is facing a closure after a failure of finding a buyer. There are reportedly 10 bidders for BHS’s shops, including Sports Direct.
4/ Didi Chuxing: Receives more investment [424 messages in the last 24h]
One of Uber’s main rivals in China, the ride-hailing app Didi Chuxing, revealed the $605 million investments from China’s biggest insurance company China Life, who also invested in Uber. With this latest investment, China Life aims to develop business models for insurance along with Didi Chuxing.
5/ Theranos: Partnership with Walgreens gets terminated [298 messages in the last 24h]
The startup is going through some tough time. First was a series of investigations from the Wall Street Journal into its practices and technology. Then its CEO got devalued by Forbes. And now, Walgreens has decided to end its partnership with the startup that will result in a closure of 40 Theranos clinics in its stores.
6/ Tata Power Company Ltd: Engages in India’s largest renewable energy deal [287 messages in the last 24h]
Tata Power has agreed to acquire Welspun Renewables Energy with the goal to grow its clean energy portfolio to 2.3 gigawatts. The amount is undisclosed, but this deal will help India go a long way in reaching its goal of installing 100 gigawatts of solar power capacitya nd 60 gigawatts of wind power capacity by 2022.
7/ China Life Insurance Co: Places more bets in ride-sharing services [180 messages in the last 24h]
China’s biggest insurance company has decided to invest $600 million into Didi Chuxing, with $300 million in equity and $305 million in long-term debt investment.
8/ Meg Whitman: Compares Donald Trump with dictators [113 messages in the last 24h]
HP Enterprise Co-CEO Meg Whitman stated her opposition for presidential candidate Donald Trump by comparing him with dictators in history. She also challenged the speaker of House of Representatives Paul Ryan because he endorses Trump.
If you want to harness the wisdom and insights from the crowd to monitor your portfolio free of charge, please sign up for myMarkets.
