By Douglas Busvine
BERLIN (Reuters) – Business software group SAP <SAPG.DE> plans to spin off and float Qualtrics, the U.S. specialist in measuring online customer sentiment that it acquired less than two years ago for $8 billion.
The move to list Qualtrics in the United States would partly unwind former CEO Executive Bill McDermott’s last big takeover and rebalance SAP back towards its German roots under successor Christian Klein.
McDermott was criticised by investors for overpaying for Qualtrics, which under founder Ryan Smith had been four days away from floating when SAP trumped the valuation it had hoped to achieve on the stock market.
A year after the deal, Klein and former marketing chief Jennifer Morgan succeeded McDermott as co-CEOs. The arrangement was short-lived, however, and Morgan – who had championed the Qualtrics deal – left earlier this year.
News of the spinoff came before SAP published full second-quarter results
You insure your house and auto without thinking twice, but have you considered buying insurance for college tuition?
Considering the average annual cost for tuition, room and board at U.S. colleges was $24,623 for the 2018-19 school year, a four-year degree will likely cost more than your car (and maybe your house).
But is tuition insurance worth the cost — and what does it cover (particularly in light of the coronavirus)? Check out our cheat sheet for what you need to know about tuition insurance, especially this year.
What is Tuition Insurance?
In general, tuition insurance is a policy you can buy that will refund your college costs in case you need to withdraw due to an unexpected medical event.
Tuition insurance differs from a refund from your college. Learning institutions typically offer complete or partial tuition refunds on a very limited basis, based on their own internal policies.
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E-commerce platform Shopify and alternative finance provider Affirm have signed an exclusive deal to bring the latter’s buy-now-pay-later proposition to Shopify merchants, the companies said Wednesday.
Affirm will power the upcoming Shop Pay Installments feature — which, as the name suggests, will allow shoppers of eligible Shopify stores to pay for purchases over time, instead of all at once. The move represents a shift in technology, as Shop Pay currently uses buy-now-pay-later plug-ins, which require some coding to integrate.
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“With the acceleration of online spending, many small businesses must reinvent themselves. This includes embracing the rising importance of e-commerce strategies and meeting consumers, particularly young shoppers, where they are,” said Max Levchin, founder and chief executive officer of Affirm.
“By partnering with Shopify, the gold standard of commerce platforms for businesses that want to sell direct to consumers, we can
Reusable face masks are one practical way to help slow the spread of the coronavirus (COVID-19). Over the past few months, companies across all kinds of industries have started to sell cloth face masks for adults — and some are making face masks for kids with fun prints. ET Style has the low down on where to buy the best kids face masks.
If you’re a parent looking for personal protective equipment (PPE) guidelines for your children, the Centers for Disease Control and Prevention recommends that anyone over the age of two wear a face mask while outside of their home. Whether you’re dealing with an adult mask or a kids’ mask, make sure it fits snugly but comfortably against both sides of the face, can be secured with ties or ear loops, includes multiple layers of fabric (most have two or three), allows for unrestricted breathing and is washed
Norway’s Adevinta has agreed a $9.2bn (£7.1bn) deal to acquire eBay’s classified ads group in a move that will create the world’s largest online classifieds business.
The cash plus stock deal, which will see Britain’s Gumtree change hands, will make eBay the largest shareholder in the Norwegian giant.
eBay will receive $2.5bn in cash for its ads group as well as a further 540 million shares, bringing its ownership of Adevinta up to 44pc.
Both companies expect between $150m and $185m of “annual synergies” within the next three years. The blockbuster deal is expected to close by the end of the March.
Adevinta currently operates in 15 countries with 35 different products and websites while eBay’s classifieds covers 12 brands in 13 countries. Among Adevinta’s brands is shopping app Shpock, which operates in the UK. Leboncoin, Olx, and Paycar
The fashion world is stepping up in a time of need: Countless companies are now making, selling and donating non-medical grade face masks for daily protection from COVID-19.
Demand for cloth face mask options has soared in recent months, in part because the Centers for Disease Control and Prevention now recommends wearing personal protective equipment (PPE) masks in public settings to help slow the spread of COVID-19. PPE masks are usually made from breathable a fabric like cotton and differ from a surgical mask and N95 respirators that experts say should be reserved for health care workers who are caring for the sick.
In times of crisis, it’s heartwarming to see companies we love giving back using the tools and skills they know best. Nordstrom, the largest employer of tailors in the country, has trained its alterations teams to make face masks to distribute to health care workers, while designer
Reusable face masks are one practical way to help slow the spread of the coronavirus (COVID-19). Over the past few months, companies across all kinds of industries have started to sell cloth face masks for adults — and some are making face masks for kids with fun prints.
If you’re a parent looking for personal protective equipment (PPE) guidelines for your children, the Centers for Disease Control and Prevention recommends that anyone over the age of two wear a face mask while outside of their home. Whether you’re dealing with an adult mask or a kids’ mask, make sure it fits snugly but comfortably against both sides of the face, can be secured with ties or ear loops, includes multiple layers of fabric (most have two or three), allows for unrestricted breathing and is washed regularly.
Getting your kid comfortable with wearing a face mask — and then actually keeping
It’s that time of year again. Earnings season is in full swing, and investors are bracing for some bad news as companies report their second quarter results. Ahead of the upcoming prints, the Street is calling for a sharp profit decline as a result of the COVID-19 pandemic and the heavy blow it dealt to the economy.
While the results could be rough for many, the pros from RBC Capital argue that the health crisis has altered consumer behavior for the foreseeable future. To this end, the investment firm, which lands within the top four on TipRanks’ list of Top Performing Research Firms, reevaluated several large-cap names in its coverage universe before their earnings releases, locking in on two FAANG stocks poised to emerge from the crisis as winners.
Using TipRanks’ database, we pulled up the details on these two stocks to find out how the rest of the Street
In April, Bloomberg reported that a used car price collapse was imminent as a result of factory shutdowns and decreased new-vehicle demand. Additionally, as rental car companies like Hertz, Avis and Enterprise were looking to sell-off their fleets after being hit by hard financial times, an influx of used cars on the market could drive prices down even further.
Did Bloomberg’s predictions come to fruition? And even if prices are low, is it safe to buy a used car in the middle of the pandemic? GOBankingRates spoke to car experts to find out.
Since May, Used Car Prices Have Been on the Rise
Bloomberg’s predictions did prove to be right — but you likely missed the boat on the best used car prices. If you snagged a used car back in April or May, you could have gotten a good deal. But prices have gone up since then, said Joe
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Wearing a cloth face mask has become the new normal. Not only does the Centers for Disease Control and Prevention (CDC) recommend wearing one in public to help prevent the spread of the coronavirus, but many states and cities mandate it. While not as effective as a medical-grade mask or an N95 mask, these coverings provide an extra layer of protection by blocking respiratory droplets, which is the primary way that COVID-19 is transmitted.
A number of retailers now sell masks (we compiled a list of 70 here), and it seems as though more stores and designers are announcing new cloth face mask offerings each week. Not to mention, there are tons of different kinds: masks that tie around the head, masks that loop over your ears,