Tag: news
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GTCR, Elliott in advanced talks to buy CCC Intelligent Solutions, source says
Oct 9 : Private equity firm GTCR and activist investor Elliott Investment Management are in advanced talks to acquire software provider CCC Intelligent Solutions, a source familiar with the matter said on Friday.Shares of the company, which provides software that helps auto insurers, repair shops, automakers
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GTCR, Elliott in advanced talks to acquire CCC Intelligent Solutions, Bloomberg News reports
Oct 9 : Private equity firm GTCR and activist investor Elliott Investment Management are in advanced talks to acquire software provider CCC Intelligent Solutions, Bloomberg News reported on Friday, citing people familiar with the matter.Shares of the company, which provides software that helps auto insurers,
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Netflix plans to cut 5% of its workforce, Puck News reports
Oct 9 : Netflix is planning to cut about 5 per cent of its workforce, with an announcement expected as early as next week, Puck News reported on Friday, citing people familiar with the matter.Netflix declined to comment on the report.• The streaming giant’s last major round of layoffs came in 2022,
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Tencent mulls $5 billion bond sale to push AI ambitions, Bloomberg News reports
Oct 8 : Tencent is considering raising up to $5 billion via an offshore bond sale, Bloomberg News reported on Thursday, as the Chinese technology giant ramps up spending on AI and computing infrastructure in line with its peers.Here are the details:• The bonds could be issued in US dollars and offsho
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South Korea may ban foreign banks arranging global bond deals, Bloomberg News reports
Oct 8 : South Korea is considering regulations to prohibit investment banks without domestic securities licenses from seeking to arrange overseas bond sales of local issuers, Bloomberg News reported on Wednesday citing people familiar with the matter. Reuters could not immediately verify the report.
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Trump expected to award science medal to SpaceX’s Elon Musk, Fox News reports
WASHINGTON, Oct 7 : US President Donald Trump is expected to award the National Medal of Science to SpaceX CEO Elon Musk, Fox News reported. The National Medal of Science is the nation’s highest honor for scientists and engineers, according to the US National Science Foundation’s website.Google co-fou
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California pair charged with abusing at least 14 surrogate-born children
Guojun Xuan and Silvia Zhang were arrested at their Arcadia mansion after 21 children were removed from their custody last year.
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Major Japanese beer companies raided over accusations of cartelisation
TOKYO, Oct 7 : Japan’s Fair Trade Commission raided the country’s four major beer makers on Wednesday on suspicion of cartelisation in sales of beer and other products to wholesalers, the companies said.• The companies are Kirin Holdings Co, Asahi Group Holdings, Sapporo Holdings and Suntory Holdings. All f
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Paramount-Warner Bros merger: Four ways the deal could affect you
The deal is expected to alter the entertainment and news industries but could it mean higher prices for consumers?
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Kenya confirms first case of Ebola Bundibugyo virus
The patient has been living in DR Congo for the past seven years.
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