Monday, May 20, 2024
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics

SEARCHED FOR: US Securities and Exchange Commission

Elon Musk moves strength to strength to secure funding for Twitter takeover, $7 billion already in kitty

So far Musk has secured commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.

Elon Musk wants to buy Twitter for $43 billion, social media firm to evaluate Tesla CEO’s offer

Twitter said it has received Musk's offer and will decide whether to accept or continue operating as a publicly-traded corporation in the best interests of shareholders.

China pushes new norms to check companies seeking to raise funds on foreign stock markets

The new tightened rules on overseas listings by Chinese firms will ensure higher scrutiny of companies seeking to raise funds on foreign stock markets

After free fall on bourses, Elon Musk rakes in $6.9 billion by Tesla share sale

After losing over $200 billion in a day on bourses, Tesla CEO Elon Musk is reported to have sold more than $6.9 billion worth of shares in the electric carmaker this week.
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After Frances Haugen, new whistleblower accuses Facebook of prioritising profit over combating hate speech, misinformation

A former Facebook employee reportedly told US authorities Friday that the platform prioritises profitability over removing objectionable information, weeks after another whistleblower Frances Haugen made similar claims.

Amid uncertainty, Chinese internet giant Baidu launches the US dollar sustainability bond

The company on Wednesday launched a 5.5 year and 10-year US dollar fixed rate senior unsecured sustainable notes transaction

Silicon Valley honours on Bangabandhu’s birth centenary

Santa Clara’s Mayor Lisa M. Gilmore presented the Silicon Valley honour on the birth centenary of the Father of the Nation.

Virtusa reports revenue of $314.7 million with YoY growth of 19.3%

Virtusa Corporation revenue for the third quarter fiscal 2019, ended December 31, 2018 was $314.7 million, an increase of 3.0% sequentially and 19.3% year-over-year.
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Tesla ropes in Oracle’s Larry Ellison on its board in the absence of Elon Musk

Tesla has roped in Oracle founder Larry Ellison and former Kellogg HR head Kathleen Wilson-Thompson as an independent director on its board.

IT firm MTBC fully repaid its $8 million term loans from Opus Bank

MTBC said that it has fully repaid its $8 million term loans from Opus Bank which had outstanding balances of approximately $7.3 million