Category: News
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Social Media Platform X Set to Rival Venmo and Apple Pay, While NYSE Considers 24-Hour Trading
Social media platform X is set to revolutionize its service offerings by integrating an extensive suite of financial services, aiming to create a hybrid experience reminiscent of Venmo and Apple…
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Netcapital Announces Third Quarter Fiscal 2024 Financial Results
Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, has announced select financial results for the third quarter of fiscal year 2024 ended January 31, 2024….
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Li-Cycle Provides Business Update Following $75 Million Investment from Glencore
Li-Cycle Holdings Corp. (NYSE: LICY), a global leader in lithium-ion battery resource recovery, has announced a business update following its recent $75 million strategic investment from Glencore. The company will…
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Lyft Investors Alerted by Robbins LLP Regarding Class Action Lawsuit
Robbins LLP, a law firm specializing in shareholder rights litigation, has reminded investors of a class action lawsuit filed on behalf of those who purchased or acquired Lyft, Inc. (NASDAQ:…
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PGT Innovations Shareholders Approve Acquisition by MITER Brands
PGT Innovations, Inc. (NYSE: PGTI) announced today that its stockholders have voted to approve the definitive merger agreement with MIWD Holding Company LLC (“MITER Brands”) and an amendment to the…
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Kaskela Law LLC Investigates Carrols Restaurant Group, Inc. Merger
Kaskela Law LLC has announced an investigation into Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols”) on behalf of the company’s shareholders regarding its proposed acquisition by Restaurant Brands International Inc….
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Reddit to sell 22 million shares at range of $31 to $34
Reddit Inc. and its investors are gearing up for one of the year’s largest initial public offerings (IPOs), seeking to raise as much as $748 million. The social media platform…
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Elon Musk: X Could Soon Receive Money Transmitter License in New York
During the Morgan Stanley technology, media, and telecom conference, Elon Musk announced that his social media platform X is close to receiving approval for a money transmitter license in New…
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Goldman Sachs BDC Receives Rating on $400 Million Debt Issuance
Goldman Sachs BDC, Inc. (GSBD), benefiting from its association with Goldman Sachs and its substantial $2.5 trillion Assets Under Supervision, has garnered attention for its strong market position. The support…
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Reddit Targets $6.5 Billion Valuation for IPO, Down from Prior Estimates
Reddit, the popular online discussion platform, is aiming for a valuation of up to $6.5 billion in its upcoming initial public offering (IPO)
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AT&T to Compensate Customers with $5 After Massive Outage
AT&T announced it will be crediting $5 to the accounts of customers hit by the hours-long network outage. This gesture, however, will be limited to certain customer segments, excluding AT&T Business, prepaid, and Cricket users, the company’s budget-friendly wireless option.
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Super Micro Computer Plans $1.5 Billion Convertible Note Offering
Super Micro Computer, Inc. (NASDAQ: SMCI), a major player in IT solutions for AI, cloud, storage, and 5G/Edge, has announced its intention to offer $1.5 billion in convertible senior notes…
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Audacy Receives Court Approval to Emerge from Bankruptcy
Audacy, Inc. (OTC: AUDA), a prominent player in the radio broadcasting and podcasting industry, has announced a significant development in its restructuring process. The United States Bankruptcy Court for the…
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Founder of Daiso, Japan’s 100-Yen Shop, Hirotake Yano, Dies at 80
Hirotake Yano, the visionary behind Japan’s beloved 100-yen shop chain Daiso, comparable to the dollar store in the United States, passed away at the age of 80. Yano succumbed to…
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Accenture to Acquire GemSeek: Boosting Customer Analytics Portfolio
Accenture, traded as ACN on NYSE, is set to acquire GemSeek, a major player in customer experience analytics. GemSeek helps global businesses understand customer behavior through insights, analytics, and AI…
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Microsoft Pledges $2.1 Billion to Boost AI and Cloud Services in Spain
Microsoft is set to significantly enhance its artificial intelligence (AI) and cloud infrastructure in Spain with a hefty $2.1 billion investment over the next two years. This announcement was made…
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JPMorgan Fined $350 Million for Incomplete Trade Reporting
JPMorgan Chase & Co has agreed to shell out around $350 million in civil penalties to settle issues with regulators over its reporting of trading data. The financial giant disclosed…
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Musk to Appeal Judge’s Decision on SEC Testimony Demand in Twitter Takeover Case
Elon Musk is gearing up for a legal showdown, seeking a U.S. District Court’s intervention to review a magistrate judge’s directive that compels him to testify in the Securities and…
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OpenAI Valuation Skyrockets to $80 Billion, Employees Cash Out in New Deal
OpenAI, the AI powerhouse behind innovations like ChatGPT, has recently completed a significant deal, catapulting its valuation to $80 billion, according to the New York Times. This development, backed by…
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Meta Announces Extra Charges for iOS Ad Due to Apple’s Fees
Meta Platforms has just rolled out a new policy that will see businesses shelling out an additional 30% service charge for boosting their posts on Facebook and Instagram, but only…
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