Tech

Taxify has changed its name to Bolt
Tech

Taxify has changed its name to Bolt

Ride-hailing app Taxify has renamed itself as Bolt. Bolt is the name the business has been using for its electric scooter service, and it will now be used for all the company’s offerings. The recent name change is to drive home a message that the business is a car-only ride-hailing […]

Naspers’s Multichoice lists on the JSE
Global JSE SENS Tech

Naspers’s Multichoice lists on the JSE

South Africa’s Naspers Limited has finally cut-off Multichoice from its business with the listing of the payTV company on the Johannesburg Stock Exchange, JSE. Multichoice is the largest payTV company in Africa with major brands such as DSTV, GoTV, SuperSport, MNeT, Africa Magic and ShowMax, its online streaming business. Listed […]

Qlik acquires Attunity for $560 million
Global Tech

Qlik acquires Attunity for $560 million

Data integration and big data management software solutions provider, Qlik signed a definitive agreement under which Qlik will acquire Attunity. Under the terms of the agreement, Qlik will acquire all outstanding ordinary shares of Attunity for a total value of approximately $560 million. Attunity shareholders will receive $23.50 in cash […]

Millicom acquires more towers in Americas
Global Tech

Millicom acquires more towers in Americas

Millicom International Cellular S.A. said it has entered into agreements with Telefónica S.A. and certain of its affiliates, to acquire the entire share capital of Telefónica Móviles Panamá, S.A., Telefónica de Costa Rica TC, S.A. and Telefonía Celular de Nicaragua, S.A. Millicom said it is paying for a combined enterprise […]

Kinnevik increases equity stakes in MatHem
Global Tech

Kinnevik increases equity stakes in MatHem

Kinnevik AB has announced that it has committed to invest SEK 0.9bn in MatHem. MatHem is Sweden’s leading independent pure-play online grocery retailer, in a combination of 0.4bn in primary capital and 0.5bn in secondary shares taking Kinnevik’s ownership to 38%. The Nordic countries have long been held to be […]

Autonomous truck startup, TuSimple raises $95 million
Tech

Autonomous truck startup, TuSimple raises $95 million

American self-driving truck startup TuSimple, has raised $95 millio in fresh funding. TuSimple said in a statement cited by Reuters News that the funding round was led by Chinese internet giant Sina Corp, which values the three-year-old firm at $1 billion. The fresh funds, investors of which also include Hong […]