According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›
Singapore-based virtual currency exchange Coinstore has started operations in India despite the Indian government preparing legislation to effectively bar most private cryptocurrencies. In a statement Coinstore said, it has “launched its web and app platform and plans branches in Bangalore,… Read More ›
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
This year, U.S. shoppers spent slightly less on Black Friday sales, with many shoppers visiting physical stores despite coronavirus fears, midst retailers’ efforts to encourage pre-holiday shopping. For the very first time, online spending during Black Friday, which traditionally is one… Read More ›
In a statement Daimler’s Truck Chief Martin Daum said, he expects the global chip shortage to negatively impact Daimler’s revenues by several billion euros in 2021 and sees the issue continuing into 2022. Daimler, the world’s largest commercial vehicle maker… Read More ›
The online spending of the season of Christmas is expected to surpass 200 billion, for the very first time ever, as per information from Adobe Analytics, which tracks the sales of consumers on websites of retailers. However, sales on Thanksgiving… Read More ›
The Indian government has advised citizens not to sign up for Starlink Internet Services, a part of billionaire Elon Musk’s SpaceX aerospace firm, since it doesn’t have a licence to operate within the nation. A statement from the government issued… Read More ›
The bargain hunters ventured out in frigid temperatures to buy Christmas presents at Black Friday only to discover that a lot of U.S. retailers were offering lower price discounts this year due to the tight supply. COVID concerns and less… Read More ›
The demand for private jets is so high that manufacturers can’t keep up with demand, and purchasers are suffering lengthy delivery delays. Even used business aircraft are rapidly disappearing from the market. “If you look at today compared to 2019,… Read More ›
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›
manageria.biz 