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China Puts Pressure on Audio Platform Ximalaya to file for Hong Kong IPO

China's most powerful audio platform Ximalaya announced it would not proceed with its plans for a US IPO. Instead, the audio platform...

Reddit Seeks Investment Bankers and Lawyers for a $15 Billion IPO

Reddit is hiring investment bankers and lawyers for an initial public offering in New York. A month ago, Reddit...
koffee kup

Koffee Kup Bankruptcy Could Cut Employee Benefits

Koffee Kup Bakery employees have been expecting their wages since the company's sudden closure. Additionally, over $830,000 may drop further to $12,000....
ikea buyback program

Ikea Pilots a BuyBack and Resell Service in the US

IKEA US launched its BuyBack and Resell service. It is a part of the company's goal to become a circular business by...
vehicle tracking,

Vehicle tracking firm Ctrack partners with CTA

Vehicle tracking company Ctrack partners with the Commercial Driving Academy to provide tracing features for training vehicles.

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New Chapter 11 Filings, Disclosures: October 12 – October 16, 2020

At least three major companies have either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of October...

Twitter Co-Founder Announces Square Deal $29 Billion Buy-Out of Buy Now, Pay Later Fintech

Digital Payment Platform Square owned by Jack Dorsey, co-founder of Twitter has announced it will acquire Afterpay, Australia’s biggest fintech buy now...

Dun & Bradstreet Acquires Bisnode in $811.60 Million Deal

Dun and Bradstreet Holdings acquired the European data and analytics firm Bisnode for $811.60 million. Seventy five percent of the consideration was...
Federal Reserve ACH System

Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage

The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....

Q3 Early-Stage Funding: Healthcare Rises

The third fiscal quarter of 2020 is, much like the rest of the world, shaped by the Coronavirus pandemic. Because many have...
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