Kinnevik AB today announced that it has invested SEK 443m in GoEuro, the leading booking platform for transport across Europe. The Swedish technology investor said in a statement that the investment was made in partnership with Temasek, the Singapore based investment company. GoEuro is a travel platform that allows customers […]
After its plan to acquire Konga failed to pull through, Interswitch, Nigeria’s largest payment processor, has finally floated its own eCommerce site. Called Quickteller Global Mall, the company said the mall will allow customers to shop directly from over 100 international stores, including: Amazon, Zara, eBay and Macy’s, and pay […]
Renowned philanthropist and business leader who co-founded the company more than four decades ago, Paul Allen has passed on at the age 65. Allen died Monday from complications of non-Hodgkin’s lymphoma, according to a statement from Vulcan Inc. on behalf of the Allen family, Vulcan Inc. and the Paul G. […]
Google recently announced that it is shutting down Google+, the search giant’s personalized social search platform after several user data were stolen. Facebook also came under intense criticism after Cambridge Analytica was exposed to have access to millions of its users’ data for information weaponization and propaganda for politicians. While […]
In a $600 million deal, Apple Inc., is buying parts of Dialog Semiconductor Plc. The investment is a partnership that will see Dialog licensing certain of its power management technologies, transfer certain of its assets and over 300 employees to Apple to support chip research and development. Apple will pay […]
Square, Inc. said that Sarah Friar has informed the company of her intention to step down as Chief Financial Officer of Square in order to accept an offer to become Chief Executive Officer of Nextdoor. David Viniar, Square’s Lead Independent Director, former CFO of Goldman Sachs and current member of […]
Airtame, the Danish startup that produces a wireless HDMI solution for both the business and education sectors, has announced the launch of their second generation hardware product, Airtame 2. Airtame started operations in 2014 with a record-breaking crowdfunding campaign and a mission to remove cables in professional environments. Airtame said […]
Orange Bank’s Board of Directors has appointed Paul de Leusse to succeed André Coisne as Chief Executive Officer of Orange Bank. The company said Paul de Leusse will be in the new role alongside his role as the Orange Group’s Deputy Chief Executive Officer in charge of mobile financial services. […]
Millicom said it is acquiring a controlling 80% stake in Cable Onda. Cable Onda is the largest cable and fixed telecommunications services provider in Panama, Latin America’s fastest-growing economy. The transaction values 100% of Cable Onda at an enterprise value of $1,460 million, with a cash consideration of approximately $1,002 […]
Overstock’s subsidiary, Medici Ventures said it has invested in VinX. VinX is an Israel-based company developing a blockchain platform to streamline wine futures trading while reducing fraud through secure supply-chain tracking from product provenance. VinX plans to create a token-based digital wine futures platform based on the Bordeaux futures model […]