GLOBAL MARKETS LIVE: Tech giants in the hot seat – Marketscreener.com

Apple launching new audio products? Apple has stopped marketing the wireless headphones and speakers of its rivals, including SONOS Bose and Logitech International, a sign that the apple company is preparing to launch new audio products, according to Bloomberg.

McAfees founder in jail. John McAfee, the McAfee software creator indicted for fraud in the United States, was in jail today pending extradition procedures after being arrested in Barcelona airport at the weekend, Reuters reports.

A thousand pieces? The report to be submitted this week by the antitrust committee of the U.S. House of Representatives concerning Amazon.com, Apple, Facebook and Alphabet contains "a thinly veiled call for the split" of these companies, according to corroborating rumors. Republican Congressman Ken Buck shares Democrats' fears about the omnipotence of these players, but does not believe that dismantling them is the answer.

Oil backlash. Exxon Mobil is going to cut 1600 jobs by the end of 2021 in Europe. This represents 11% of its workforce in the region. The company did not give details on the geographical distribution of the cuts.

Golden merger. Northern Star will buy Saracen Mineral in shares, for a valuation of approximately AUD 5.20 per share. The transaction creates the 8th largest player among gold mining companies.

In other news. Southwest Airlines offers its employees the opportunity to accept salary reductions in exchange for the absence of short-time work. BHP will buy an additional 28% interest in the Shenzi project, in the Gulf of Mexico, for $505 million from Hess Corp. Cisco will appeal a judgment that condemns it to pay $1.9 billion in a patent infringement case. Vontier will replace Noble Energy in the S&P500. K+S AG sells its US subsidiary to a consortium for $3.2 billion. Sonova will enter the Chinese hearing market. Dufry publishes the terms of its capital increase.

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GLOBAL MARKETS LIVE: Tech giants in the hot seat - Marketscreener.com

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