A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.
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Waterstones Booksellers Limited, trading asWaterstones (formerly Waterstone's), is a British book retailer owned by the American investment group Elliott Investment Management. It operates 311 shops, mainly in Britain and other nearby countries. As of February 2014[update] it employed around 3,500 staff in Britain and Europe. The average Waterstones branch sells a range of approximately 30,000 individual books, as well as stationery and other related products.
Founded in 1982 by Tim Waterstone, the bookseller expanded rapidly until being sold in 1993 to WHSmith. In 1998 Waterstones was bought by a consortium of Waterstone, EMI, and Advent International. The company was taken under the umbrella of HMV, which later merged the Dillons and Ottakar's brands into the company. Following several poor sets of results for the group, HMV put the chain up for sale. In May 2011 it was announced that A&NN Capital Fund Management, owned by the Russian billionaire businessman Alexander Mamut, had bought the chain for £53.5 million and appointed James Daunt as the managing director. The company is incorporated in England and Wales as Waterstones Booksellers Ltd, with its registered office at 203–206 Piccadilly, London (which is also the location of its flagship shop). (Full article...)
Image 830 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.
Image 10The 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.
A conglomerate (/kəŋˈɡlɒmərət/) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries. A conglomerate usually has a parent company that owns and controls many subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.
Ferruccio Lamborghini (1916–1993), an Italian manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with Ferrari. The company was noted for using a rear mid-engine, rear-wheel drive layout. Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973 worldwide financial downturn and the oil crisis. The firm's ownership changed three times after 1973, including a bankruptcy in 1978. American Chrysler Corporation took control of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control of the group's Audi division.
New products and model lines were introduced to the brand's portfolio and brought to the market and saw an increased productivity for the brand. In the late 2000s, during the Great Recession, Lamborghini's sales dropped nearly 50%. (Full article...)
... that Adbot, one of the first internet advertising companies, was forced to close only seven months after opening due to the fraudulent source of its start-up funding?
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