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Starboard Secures Stake In GoDaddy For $800 Million

Activist investor Starboard Value LP purchases a 6.5% stake, worth $800 million, in web services firm GoDaddy Inc. This stake has now...
Oil Sector

Oil Output Hike By OPEC

On the 4th of January 2022, OPEC and Non-OPEC held a meeting to discuss the output oil policy. An increase in covid...

Potential Economic Risk For Australia In 2022

The New Year has arrived, and the potential economic impact is still underway. Many factors are still in play such as the...

Pakistan’s Start-ups Raise $375 Million As Funding In 2021

Start-ups in Pakistan had a head start in 2021 as venture capitalists pumped $375 million during the year. This was five times...

Teraco Data Set To Get New Owners After Berkshire and Permira Exit

Global investment firms Berkshire Partners and Permira announced their intention to sell their majority stake in Teraco Data. Currently, Berkshire Partners and...

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Customer Data Software

Twilio Acquires Customer Data Startup Segment for $3.2 Billion

Twilio Inc., a customer communications platform provider, has announced it will acquire Customer Data Platform (CDP) startup Segment Inc. Twilio acquired the...

JPMorgan to Launch Digital Bank Chase in Britain

JPMorgan & Chase Co. is ready to launch its first retail bank in the United Kingdom.  Initially, the digital...

Velodyne Lidar Registers More than 32 Million Shares of Common Stock

Velodyne Lidar, Inc. (NASDAQ: VLDR) has filed paperwork with the SEC registering up to 32,164,576 shares of common stock. The shares registered...

Swift Leadership Changes as Bank of America appoints new CFO

On 10 September 10, 2021, the Bank of America(BofA) announced swift leadership changes. CEO Brian Moynihan distributed a memo to employees adding...

Walgreens Invests $5.5 Billion in Services Push

Walgreens invests $5.5 billion in services push. Therefore, the pharmacy giant will take majority stakes in two smaller health care providers. This comes...