As per a report from The Information, Broadcom Inc has come under scrutiny from the U.S. Federal Trade Commission (FTC) following complaints that it is forcing exclusive agreements with customers. As per the report, the FTC is in the early stages… Read More ›
In a statement, Germany’s Nordex Group, which manufactures and distributes wind power systems, said, it has been hit by a cyber security incident and has shut down its IT systems across multiple locations and business units to contain the threat…. Read More ›
The European Commission is taking a closer look into Microsoft Corp’s $16 billion acquisition of transcription technology company Nuance Communications Inc and has asked customers and competitors to draw up a list of concerns. The outreach is the most extensive scrutiny by… Read More ›
In a statement Westpac Banking Corp said, it plans on launching a digital credit card with zero interest aimed at primarily young customers, in an effort to tap into fast and efficient payment services. Westpac, Australia’s second-biggest lender, said customers can… Read More ›
According to sources familiar with the matter at hand, China Evergrande’s offshore bondholders have yet to receive their due coupon payment by the close of Asia business on Wednesday, despite the cash strapped Chinese developer reaching a $1.5 billion debt… Read More ›
In a statement the U.S. Securities and Exchange Commission (SEC) said, the units of three broker-dealer and investment advisory firms have agreed to pay hundreds of thousands of dollars in penalties to settle charges over cybersecurity failures. The SEC had… Read More ›
On Monday, shares of LG Chem Ltd slid by nearly 10% following a statement by General Motors Co that it would recall an extra 73,000 Chevrolet Bolt cars, which use the South Korean firm’s batteries, months after a similar recall by Hyundai… Read More ›
Following an easing of coronavirus travel restrictions along with positive cash flow during the second quarter of this month saw Air France-KLM seeing the first signs of recovery as the airline group narrows down its losses. “Obviously the first quarter was… Read More ›
In a statement Okta Inc, an identity management company said, it has agreed to acquire Auth0, a smaller rival, for $6.5 billion in an all-stock deal. The development marks one of the largest software deals so far this year. The… Read More ›
According to a report from the Wall Street Journal, a group of activist investors who have a stake of around 9.5% in Kohl’s Corp is attempting to take control of the department store chain’s board. The activist investors include Ancora… Read More ›
manageria.biz 