Holcim-Lafarge merger to create world's biggest cement maker
The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.
Corporations
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to...
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company tha...
Latest News
US firm iControl Networks acquires Canadian home automation device maker Blacksumac
Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.
GE Financial Services funds Rockland's acquisition of Elgin Energy Center in Illinois
GE Financial Services is lending $50 million to investment company Rockland Capital LLC to be used for the latter's acquisition of power generation facility Elgin Energy Center in Illinois, US.
Florida digital receipts firm FlexReceipts closes $1.4M in Series A funding
Windermere, US-based digital receipts provider FlexReceipts LLC closed $1.4 million in a Series A funding round led by early stage venture fund venVelo to fuel its sales and marketing expansion.
LT Group increases stake in Philippine sugar mill Victorias Milling
Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amo
Thai e-book startup Ookbee lands $7M in Series B funding for Southeast Asian expansion
Bangkok, Thailand-based digital publication platform Ookbee landed $7 million in a Series B funding led by Japanese outsourcing firm Transcosmos to fuel its Southeast Asian expansion.
Twitter snaps up lock-screen startup Cover for Android
Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.
US e-learning platform Lynda.com adds Canadian startup Compilr for $20M
California, US-based e-learning platform Lynda.com added Halifax, Canada-based coding platform Compilr in a deal valued at $20 million to expand its video-based courses and services.
Albany Road Real Estate Partners buys Nashville's ServiceSource Tower in $34M deal
Boston, US-based real estate investment and management firm Albany Road Real Estate Partners bought downtown Nashville's Service Source Tower in a deal valued at $34 million.
Israeli 3D printing firm Stratasys buys American filament maker Interfacial Solutions
Rehovot, Israel-based 3D printing firm Stratasys bought Wisconsin, US-based plastic filament maker Interfacial Solutions for an undisclosed sum to streamline its operations through hardware and filame
