Finance - Encircle News!

author_name|Lawrence Bonk, Finance, Investment & Company Information, language|en-US, Mergers, Acquisitions & Takeovers, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

The UK approves Google’s $2 billion investment in Anthropic

November 19, 2024

Lawrence Bonk

The UK’s competition regulator has cleared Google’s $2 billion investment in Anthropic, according to reporting by Bloomberg and others. The Competition and Markets Authority (CMA) has officially concluded that the company hasn’t acquired “material influence” over the AI startup Anthropic as a result of the investment. The continuing investigation into the partnership has also been…
Read more: The UK approves Google’s $2 billion investment in Anthropic
bill ackman, Billboard Global Stock Index, Business, Business News, Finance, International, Israel, Tech Industry, Tech News, umg

Bill Ackman Calls On Universal Music Group to Move Listing to U.S.

November 8, 2024

Elizabeth Dilts Marshall

The head of Pershing Square Capital, which owns 10% of UMG’s stock, said moving UMG to the U.S. after attacks on Israelis overnight in Amsterdam makes “good business” sense.
Read more: Bill Ackman Calls On Universal Music Group to Move Listing to U.S.
author_name|Kris Holt, Finance, Investment & Company Information, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

AMD’s next-gen GPUs are set to arrive in early 2025, suggesting a CES reveal

October 30, 2024

Kris Holt

AMD and NVIDIA could be on a collision course for CES. AMD CEO Lisa Su has confirmed for the first time that the company is set to release its next-gen PC GPUs early next year. “In gaming graphics, revenue declined year-over-year as we prepare for a tr…
Read more: AMD’s next-gen GPUs are set to arrive in early 2025, suggesting a CES reveal
author_name|Igor Bonifacic, Finance, Investment & Company Information, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Dropbox is laying off 20 percent of its workforce

October 30, 2024

Igor Bonifacic

For the second time in less than two years, Dropbox is laying off a substantial portion of its workforce. In a blog post penned by CEO Drew Houston, the company said it would cut its global headcount by 20 percent or 528 employees. Dropbox will p…
Read more: Dropbox is laying off 20 percent of its workforce
author_name|Danny Gallagher, Board & Management Changes, Finance, Investment & Company Information, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Waymo raises $5.6 billion to fund Austin and Atlanta expansion

October 25, 2024

Danny Gallagher

Waymo has raised another huge chunk of change from investors. The company announced on its blog that it secured an “oversubscribed investment round” of $5.6 billion in funding, the largest of which came from Google’s parent company Alphabet. The company is working with Uber to expand to Austin and Atlanta by the early part of…
Read more: Waymo raises $5.6 billion to fund Austin and Atlanta expansion
author_name|Danny Gallagher, Business, Company Legal & Law Matters, Finance, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Apple, Goldman Sachs fined $89 million for misleading Apple Card customers

October 23, 2024

Danny Gallagher

The Apple Card has landed Apple and Goldman Sachs in hot water. In a press release spotted by The Verge, the Consumer Financial Protection Bureau (CFPB) said it was fining the two companies a combined $89 million over practices involving the Apple Card…
Read more: Apple, Goldman Sachs fined $89 million for misleading Apple Card customers
author_name|Mariella Moon, Finance, Investment & Company Information, language|en-US, Mergers, Acquisitions & Takeovers, Professional Services, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News, Travel & Tourism, Travel Organizations

Uber is reportedly exploring an Expedia takeover

October 17, 2024

Mariella Moon

Uber is reportedly exploring the idea of purchasing Expedia, one of the largest travel booking companies in the world, according to the Financial Times. Expedia, which is valued at $20 billion and which reported its highest-ever annual revenue in 2023, will be the company’s biggest acquisition, if the deal does indeed push through. The Times…
Read more: Uber is reportedly exploring an Expedia takeover
author_name|Danny Gallagher, Finance, Financial Fraud Prevention, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Data breach of Fidelity leaks 77,000 customers’ personal data

October 10, 2024

Danny Gallagher

Another breach of a huge financial institution has leaked the personal information of thousands of customers to the public. TechCrunch reported that an unidentified hacker obtained 77,009 customers’ personal data from the asset management firm Fidelity…
Read more: Data breach of Fidelity leaks 77,000 customers’ personal data
ABS, asset-backed security, Business, Business News, Concord, Finance, Tech Industry, Tech News

Concord Raising Additional $850M Through Asset-Backed Security

October 9, 2024

Glenn Peoples

The ABS is backed by a $5.1-billion catalog featuring songs by Genesis, Phil Collins, R.E.M., Carrie Underwood and Creed.
Read more: Concord Raising Additional $850M Through Asset-Backed Security
author_name|Lawrence Bonk, Business, debt, Finance, Financial Fraud Prevention, Financials Industry, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Comcast says 230,000 customers affected by debt collection data breach

October 7, 2024

Lawrence Bonk

Comcast is warning that hackers stole the personal data of more than 230,000 customers during a ransomware attack on a third-party debt collector, according to a court filing. The bad actors targeted a Pennsylvania-based debt collection agency called F…
Read more: Comcast says 230,000 customers affected by debt collection data breach

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Encircle News!

Category: Finance

The UK approves Google’s $2 billion investment in Anthropic

Bill Ackman Calls On Universal Music Group to Move Listing to U.S.

AMD’s next-gen GPUs are set to arrive in early 2025, suggesting a CES reveal

Dropbox is laying off 20 percent of its workforce

Waymo raises $5.6 billion to fund Austin and Atlanta expansion

Apple, Goldman Sachs fined $89 million for misleading Apple Card customers

Uber is reportedly exploring an Expedia takeover

Data breach of Fidelity leaks 77,000 customers’ personal data

Concord Raising Additional $850M Through Asset-Backed Security

Comcast says 230,000 customers affected by debt collection data breach

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