Finance/Venture

US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank

US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank.


UK Cybersecurity Company Sold to US Private Equity For $5.3 Billion Due To Being 'Undervalued' in LSEG

Cambridge-based cybersecurity firm Darktrace has accepted a $5.3 billion acquisition offer from US private equity giant Thoma Bravo, a 44% premium over its recent share price...

Unleashing the Power of AI: Discussing the Impact of AI-Based Business Strategies with Ashwaq AlMudhaf

Running a successful business is like riding a rollercoaster. There are so many variables to take care of that make doing business a wild ride. That's why thriving in the business world means adapting..

UK Satellite Engineering Company Signs $19.7 Million Deal With SpaceX for Starlink Constellations

Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the opt..


Latest News

What Empower Finance's Acquisition of Petal Means for Cardholders
Empower Finance acquires Petal, merging strengths for cardholders. Potential access to Empower's financial tools may come with subscription fees.
Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
IMF: Russia's Economy to Grow Faster Than US, Other Advanced Economies Despite International Sanctions Over Ukraine
Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the wor
Microsoft's $1.5 Billion Investment in AI Firm Allegedly Linked to China Raises Security Concerns
Microsoft's $1.5 billion investment in G42, an AI firm based in the UAE, faces security concerns from US officials over alleged ties to China.
JPMorgan Recruits Healthcare Banker From Deutsche Bank for Pharma Investment Team
JPMorgan Chase & Co. appoints Christopher Dass, a seasoned healthcare banker from Deutsche Bank AG, as managing director of their pharma-tech and pharma-services companies.
Wall Street Expresses Concerns Over Reddit's High User Growth But Low Share Value
Wall Street brokerages express doubts about Reddit's user growth which would reach 109 million users by 2026 as Reddit's shares fall below debut price.
Hong Kong Regulators Will Now Allow Bitcoin and Ether ETFs Amid Growing Crypto Adoption
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel
Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend.
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