JHVEPhoto/iStock Editorial via Getty Images Accenture’s (NYSE:ACN) deal to acquire India-based semiconductor design services provider Excelmax could be accretive revenue and improve its technological prowess, investment firm Baird said. The deal, which could add roughly 0.1% to annualized revenue, is also likely to add to “key areas” for Accenture, includingContinue Reading
kenneth-cheung Vodafone and Meta (Platforms) have collaborated on a new way to free up network capacity for all mobile customers in 11 European countries, allowing them to view high-quality short videos, without noticeably compromising the viewing experience. The companies said that in an initial three-week test carried out in theContinue Reading
Bjoern Wylezich/iStock Editorial via Getty Images Airbus’s (OTCPK:EADSF) (OTCPK:EADSY) deliveries of commercial planes rose 2% in the first half of the year as compared with a year earlier, Reuters reported Tuesday, citing industry sources. The figure includes about 67 planes handed off to customers in June, lifting the year-to-date totalContinue Reading
kupicoo/E+ via Getty Images Robinhood Markets (NASDAQ:HOOD) announced on Monday the acquisition of Pluto Capital, which was described as a research platform powered by artificial intelligence that aims to deliver highly customized investment strategies based on customer needs and financial goals. The company said Pluto Founder/CEO Jacob Sansbury has joinedContinue Reading
Mario Tama/Getty Images News Citigropup (NYSE:C) plans to increase its quarterly dividend by 5.7% to $0.56 per share from $0.53 per share, starting in Q3 2024, the bank said Friday, after the passing the annual Federal Reserve stress test. Effective Oct. 1, 2024, Citi’s (C) indicative stress capital buffer requirementContinue Reading
New York, NY, June 28th, 2024, Chainwire ApeChain, being built on behalf of the ApeCoin DAO, will now be able to support efficient, low-cost zero-knowledge proof verificationzkVerify, a modular protocol optimized for zero-knowledge proof verification developed by Horizen Labs, has successfully integrated into ApeChain’s Jenkins Testnet, the highly anticipated ArbitrumContinue Reading
dk_photos Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) struck a deal with Massachusetts Attorney General Andrea Campbell’s office on Thursday to resolve a multi-year lawsuit regarding the classification status of drivers working for the two companies. The agreement will see Uber (UBER) and Lyft (LYFT) agree to raise their minimum payContinue Reading
Risto0/iStock Editorial via Getty Images Nokia (NYSE:NOK) is acquiring Infinera (NASDAQ:INFN) for $2.3B to strengthen its optical networking position, particularly in North America, the companies announced Thursday afternoon. Infinera stocks soared more than 25% during early post-market trading following the announcement. The transaction represents a premium of 28% to Infinera’sContinue Reading
Spencer Platt/Getty Images News Exxon Mobil (NYSE:XOM) has taken the first step toward what will be its seventh oil project in Guyana – the Hammerhead project, which would pump as much as 180K bbl/day as soon as 2029, pending government approval – Exxon country manager Alistair Routledge told Bloomberg onContinue Reading
