On Friday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), shares showed no change to $3.96. 18.58 million shares of the company were exchanged.
SiriusXM will launch a new show focused on collegiate golf and the various stages of development for young players who desire to play the game at a high level. Golf U will debut October 19 and air every Monday from 9:00 to 10:00 pm ET on SiriusXM PGA TOUR Radio, accessible nationwide on satellite radios (Sirius channel 208, XM channel 92) and on smartphones via the SiriusXM app.’
Hosts Conrad Ray, the head golf coach at perennial powerhouse Stanford University, and Kyle Gentry, a former Cardinal player, will examine the nation’s standout college teams and competitors and will talk with parents, young players and coaches to answer their questions about youth golf, high school play, recruiting and more.
Ray, a former Cardinal standout student-athlete and touring golf professional, is in his 12th season as Stanford’s Knowles Family Director of Men’s Golf. A two-time Pac-12 Coach of the Year, Ray has led the Cardinal to eight appearances in the NCAA Championships, counting the school’s eighth national title in 2007. Stanford student-athletes have been well decorated under Ray’s leadership. He has assisted produce 19 All-Americans, 13 Academic All-Americans, two Pac-12 Players of the Year, two Pac-12 Scholar-Athletes of the Year, three Pac-12 Freshman of the Year and 14 first team All-Pac-12 selections. Some of his recent standout players have comprised of 2014 NCAA individual champion Cameron Wilson, Nicklaus Award winners Maverick McNealy and Patrick Rodgers, and 2014 NCAA bronze medalist David Boote. Ray was a member of the 1994 NCAA Championship Stanford squad and a teammate of Tiger Woods, Casey Martin and Notah Begay. He is also the president of the Golf Coaches Association of America.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Shares of Alibaba Group Holding Ltd (NYSE:BABA), surged 0.28% to $72.01, during its last trading session.
Alibaba Group (BABA) declared that it made a non-binding proposal to the board of directors of Youku Tudou Inc. (YOKU) (“Youku”) to acquire all outstanding shares of Youku, including shares represented by American depositary shares (“ADSs,” each representing 18 ordinary shares of Youku), that it does not already own for US$26.60 per ADS in an all-cash transaction. The proposal is subject to satisfactory completion of due diligence by Alibaba and the negotiation of a mutually acceptable definitive merger agreement. In May 2014, Alibaba made an initial strategic investment in Youku and owns 18.3% of the outstanding share capital of Youku based on Youku’s public filings.
Digital entertainment is core to Alibaba’s strategy of promoting consumption of virtual goods and services. The proposed transaction would expand the existing partnership between Alibaba and Youku, and would combine Alibaba’s unparalleled data-driven platforms in e-commerce, media and advertising with Youku’s market-leading digital video franchise to significantly accelerate Youku’s growth. Youku’s large user base, especially in mobile, and its popular platforms with high user engagement would form one of the key pillars of Alibaba’s digital entertainment strategy. Under Alibaba’s proposal, Youku’s founder, Victor Koo, would continue to lead the business as chairman and chief executive officer.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
Finally, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), ended its last trade with 0.36% gain, and closed at $28.25.
Cisco (NASDAQ: CSCO) declared the inauguration of openBerlin, a Cisco® Innovation Center. The center is now fully operational in the Euref campus in Berlin’s Schöneberg district.
Cisco Innovation Centers are aimed at catalyzing and showcasing digital innovation and development. They bring together customers, industry partners, startups, application developers, accelerators, government organizations and universities. openBerlin is one of nine Cisco Innovation Centers worldwide, each with its own specialization. At openBerlin, the focus is on manufacturing, logistics and transportation. Cisco intends to invest close to $30 million in the new site over the coming years.
An example of this approach is the cooperation with Berlin-based company Azeti Netoperates. Working with Azeti, the teams developed and launched to market a new asset administration solution that monitors and controls distributed infrastructure — such as base stations of mobile operators — over the Internet.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
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