Epos Now is reportedly considering a sale of a minority stake in the business and other strategic options. The British payments group is discussing the options with advisers, Reuters reported Wednesday (May 1), citing unnamed sources. The privately held business is seeking a valuation of up to $1.5 billion, and potential investors are likely to include private […]
The Senate passed a bill giving the social media platform's Chinese parent
Bharti Airtel rejected a local report it is interested in acquiring Vodafone Group’s remaining holdings in Indus Towers, which would boost the second-largest operator's stake in the infrastructure company to 69 per cent.
Plus: Do bad reviews kill good companies? We'll talk about it, and do the numbers on noncompetes in this week's newsletter.
The Senate voted late Tuesday by a wide margin to send legislation to President Joe Biden that would require Chinese owner ByteDance to divest TikTok's U.S. operations within about nine months or face a ban.
Governor Ron DeSantis is holding a news conference in Hardee County on
ATLANTA (AP) — Georgia Gov. Brian Kemp on Tuesday signed a bill into law limiting the ability of some Chinese citizens to buy land in the state. The bill, SB420, echoes measures already signed into law in numerous other states. It bans any “agent” of China from buying farmland in Georgia or any commercial land near military installations. Democrats in
Platform’s future in US in doubt after House approves bill ordering Bytedance to sell stakeTikTok has said it will fight any ban or forced sale of the app’s US operation in the courts, after the House of Representatives passed legislation targeting the viral video platform.The company’s future in the US was placed in further doubt over the weekend after lawmakers in Washington passed a bill that will ban the app if TikTok’s Chinese owner, ByteDance, does not sell its stake in the American...
Egypt aims to raise USD 1 billion (EGP 48.2 billion) this year by selling state assets through its ongoing privatisation programme, Egyptian Planning Minister Hala El-Said revealed in an interview with Asharq Business on 21 April. The government will also work to improve the following year, with an increased target of USD 1.5 billion (EGP 72.3 billion) set for 2025. Previously, in February 2024, Egypt’s Minister of Finance Mohamed Maait stated that the government is looking to raise USD 6.5...
Happy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed edition of ETtech Morning Dispatch.Also in this letter:■ Hiring spike at midcap IT firms ■ Freshworks CEO steps down■ Rakesh Singh is new Paytm Money CEOPremji Invest in talks to acquire majority stake in Nainital Bank 109799516Premji Invest, the family office of Wipro founder Azim Premji, is in talks to acquire a majority stake in Nainital Bank, people in...
The ‘Underage Abortion Trafficking Act’ would forbid adults from facilitating abortions for pregnant girls under 18 without parental involvement.