Silicon Valley on India: Striking The Iron While It's Hot
There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.
Deals
Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb...
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures...
UK's Royal Mail Owner Nods to $4.4 Billion Takeover Bid From Czech Billionaire
Czech billionaire Daniel Křetínský's £3.5 billion bid for Royal Mail gains momentum, sparking political tensions over foreign ownership concerns...
Taylor Swift-Approved Bag Brand Aupen Receives Investment Interest From Major Fashion Conglomerates
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities li...
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal o...
Latest News
GazProm Takes $2.17 Billion Loan From China
Russian energy company GazProm signed a loan agreement with Bank of China on Thursday. GazProm borrowed €2 billion ($2.17 billion) on a 5-year term
Roofstock Raised $13.25 Million, Inaugurates Rentals Marketplace
Roofstock gets Series A funding of $13.25 million led by Bain Capital Ventures. The funds will be used in an online marketplace and will be launched on Thursday in Florida.
Samsonite to Acquire Luggage Competitor Tumi for $1.8 Billion
It was agreed that Samsonite is to acquire luggage-manufacturer rival Tumi for about $1.8 billion. Samsonite has long been interested in Tumi and its acquisition is considered the biggest deal made by
Northern Trust Subsidiary Acquiring Aurora Investment Management
Northern Trust subsidiary 50 South Capital Advisors is going to acquire Aurora Investment Management, a Natixis Global Asset Management subsidiary. Both the parties are maintaining silence on terms of
InstarAGF closes initial fundraising of C$372 million for new infrastructure fund
InstarAGF Asset Management announced the initial closure of its C$372 million fundraising for InstarAGF Essential Infrastructure Fund. The fund aims to purchase power, social and civil infrastructure
Cisco Acquired Leaba Semiconductor For Less Than $400 Million
Cisco has acquired Leaba Semiconductor, an Israeli company for less than $400 million. The acquired company provides new ideas and solutions for important infrastructure difficulties. It focuses on t
D.C. Regulators Dump Exelon-Pepco $6.8 Billion Deal
It's been almost a year since Exelon and Pepco announced their possible merger. Both companies are now facing difficulties as they need to comply with new conditions the district imposed. They have t
CaixaBank may acquire Isabel Dos Santos' stake in BPI
Spain-based Caixabank is planning to buy the stake of Isabel Dos Santos in Portugal's Banco BPI SA. The negotiations over the acquisition are still going on and may be completed soon.
Foresters to acquire ACM and AFM from Proj Fox Acquisition
Foresters and Proj Fox Acquisition have signed a deal on February 29, 2016, whereby, Foresters will indirectly buy both Aegon Fund Management (AFM) and Aegon Capital Management (ACM).
