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.


ByteDance Prefers to Shutdown TikTok Instead of Selling the App to US

ByteDance, the parent company of TikTok, has firmly stated that it has no plans to sell the business, despite the recent US law that requires it to do so or face a ban in America...

Minneapolis City Council Unanimously Approves Minimum Retail Price of $15/Pack for Cigarettes to Improve Public Health

The Minneapolis City Council imposed a minimum retail price of $15 a pack on cigarettes to improve public health...

Google's Parent Company Alphabet Approves First-Ever Dividend as Shares Skyrocket

Alphabet Inc. gains impressive revenue growth in its digital advertising sector and promising advancements in artificial intelligence...


Latest News

Marina Bay Sands Reports Record Profit Surge of $811.4 Million in Q1 Alone
Marina Bay Sands (MBS) reported a surge in profits by 51.5% to $811.4 million in the first quarter of 2024, which coincided with the increase in casino revenue to $859 million from $593 million the pr
Snap Stock Soars as US Lawmakers Push TikTok Ban Bil; Is This the Good Time to Invest?
Snap's stock increased by almost 5% because of the revised TikTok ban bill.
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.
Dali Ship Owner Asks Cargo Owners to Cover Salvage Costs After Deadly Baltimore Bridge Collapse
The owner of the enormous container ship Dali, which caused Baltimore's Francis Scott Key Bridge to collapse last month, has started the process of making the owners of the cargo on board to pay some
Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote
Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.
Cisco Introduces New AI Security System Following $28 Billion Acquisition of Splunk
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
Red Lobster Explores Bankruptcy Amid Mounting Debt: Reports
Red Lobster is facing potential financial difficulties due to its increasing debt and may be considering filing for Chapter 11 bankruptcy.
Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
Tesla has allocated approximately $200,000 towards advertising on Elon Musk's social media platform, X.
Telegram Russian Founder Says Messaging App to Cross 1 Billion User Mark Soon as It Continues to Remain a 'Neutral Platform'
Popular messaging app Telegram will soon cross one billion active monthly users, according to its Russian-born billionaire founder Pavel Durov.
Real Time Analytics