Axel Springer acquires 85% stake in U.S. tech company Appcast for around $79 million

The deal is aimed at expanding Axel Springer’s growth strategy through targeted online job recruitment advertisements. Axel Springer, a German publisher stated, Stepstone, its jobs portal, had acquired a 85% stake in Appcast for around $79 million. Appcast is a U.S. tech company that specializes in programmatic advertising. Programmatic advertising uses automation to serve job…

Singapore Exchange announces concurrent or sequential listing pact with Nasdaq

The technology partnership will allow firms to pursue their global ambitions. In a development of widespread implications, Nasdaq Inc has announced the signing of a pact with Singapore Exchange Ltd which will allows firms to tap both stock exchanges simultaneously under the two exchange operators’ namesake exchanges. The deal is expected to significantly help fast…

GM’s strategic planning has left Ford far behind in the dust

An analysis of their expenses show, despite similar spending patterns, GM’s resource management and financial planning strategy has resulted in the company releasing far more new and redesigned vehicles than Ford. Although James Hackett spent the whole of last year strategizing on Ford Motor Co’s long-term self-driving car strategy, in his first week as the…