Schibsted ASA (XPG.MU)
| Previous close | 29.28 |
| Open | 28.80 |
| Bid | 28.94 x 0 |
| Ask | 29.34 x 0 |
| Day's range | 28.80 - 28.80 |
| 52-week range | 15.81 - 29.94 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 18 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersBig Tech should seek rivals' input on complying with EU rules, European businesses say
Schibsted, Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with new EU rules aimed at creating more competition ahead of a March deadline. As part of its latest crackdown on Big Tech, the European Union in September last year said 22 "gatekeeper" services, run by six of the world's biggest tech companies, would be subject to the Digital Markets Act (DMA) with its list of dos and don'ts. The DMA requires these gatekeepers - Alphabet, Amazon, Apple, Meta, Microsoft and TikTok owner ByteDance - to operate their messaging apps together with competitors and allow users to decide which apps they pre-install on their devices, among others.
- Reuters
UPDATE 5-Sweden's Viaplay to raise cash, restructure debt, shares plunge 82%
Viaplay shares tumbled by as much as 82% on Friday as the struggling Swedish streaming group said it would raise new equity and restructure its debt in a rescue plan that would sharply dilute the holdings of existing owners. Under pressure to stabilise its business as rising living costs dent consumer demand, Viaplay in June replaced its CEO and has repeatedly warned of a weakening business environment that has sent its shares plunging. "We unfortunately had to (let) go of more than 30% of our workforce," Chief Executive Jorgen Madsen Lindemann told Reuters.
