A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal, or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:
A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Read more...
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Yelp is a public company headquartered in San Francisco, California. The company develops, hosts, and markets the Yelp.com website and the Yelp mobile app, which publish crowd-sourced reviews about businesses. It also operates an online reservation service called Yelp Reservations.
Yelp was founded in 2004 by former PayPal
employees Russel Simmons
and Jeremy Stoppelman
. Yelp grew in usage and raised several rounds of funding in the following years. By 2010 it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe
. In 2009, it entered several negotiations with Google
for a potential acquisition. Yelp became a public company in March 2012 and became profitable for the first time two years later. As of the second quarter of 2019, Yelp reported having a monthly average of 61.8 million unique visitors via desktop computer and 76.7 million unique visitors via its mobile website. As of June 30, 2019, Yelp stated on their Investor Relations page that it had 192 million reviews on its site. Read more...
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The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
30 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world's second-largest reinsurance company.
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Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail (individual) investors. An IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as floating, or going public, a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded.
After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the number of shares sold to the public) and as a proportion of the total share capital (i.e., the number of shares sold to the public divided by the total shares outstanding). Although IPO offers many benefits, there are also significant costs involved, chiefly those associated with the process such as banking and legal fees, and the ongoing requirement to disclose important and sometimes sensitive information. Read more...
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BAE Systems plc is a British multinational defence, security, and aerospace company. Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide. The company is the largest defence contractor in Europe and among the world's largest defence companies; it was ranked as the third-largest based on applicable 2017 revenues. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, India, and Saudi Arabia, which account for about 20% of BAE's overall sales. It is the biggest manufacturer in Britain. The company was formed on 30 November 1999 by the £7.7 billion purchase and merger of Marconi Electronic Systems (MES)--the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC)--by British Aerospace, an aircraft, munitions and naval systems manufacturer.
BAE Systems is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defence electronics companies, including The Marconi Company
, the first commercial company devoted to the development and use of radio; A.V. Roe and Company
, one of the world's first aircraft companies; de Havilland
, manufacturer of the Comet
, the world's first commercial jet airliner; Hawker Siddley
, manufacturer of the Harrier
, the world's first VTOL attack aircraft; British Aircraft Corporation
, co-manufacturer of the Concorde
supersonic transport; Supermarine
, manufacturer of the Spitfire
; Yarrow Shipbuilders
, builder of the Royal Navy
's first destroyers
; Fairfield Shipbuilding and Engineering Company
, pioneer of the triple-expansion engine
and builder of the world's first battlecruiser
; and Vickers Shipbuilding and Engineering
, builder of the Royal Navy's first submarines
. Read more...
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Novartis International AG is a Swiss multinational pharmaceutical company based in Basel, Switzerland. It is one of the largest pharmaceutical companies by both market capitalization and sales.
Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren), carbamazepine (Tegretol), valsartan (Diovan),
imatinib mesylate (Gleevec/Glivec), cyclosporine (Neoral/Sandimmune), letrozole (Femara), methylphenidate (Ritalin), terbinafine (Lamisil), deferasirox (Exjade), and others.
In 1996, Ciba-Geigy merged with Sandoz; the pharmaceutical and agrochemical divisions of both companies formed Novartis as an independent entity. Ciba-Geigy and Sandoz businesses were sold, or, like Ciba Specialty Chemicals
, spun off as independent companies. The Sandoz brand disappeared for three years, but was revived in 2003 when Novartis consolidated its generic drugs
businesses into a single subsidiary and named it Sandoz. Novartis divested its agrochemical and genetically modified crops
business in 2000 with the spinout of Syngenta
in partnership with AstraZeneca
, which also divested its agrochemical business. Read more...
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