Exclusive-Collaboration software maker Smartsheet fields buyout interest, sources say
By Milana Vinn and Anirban Sen (Reuters) – Smartsheet, a U.S. maker of workplace collaboration software with a market value…
Month: July 2024
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US appeals court blocks all of Biden student debt relief plan
By Nate Raymond (Reuters) -A federal appeals court on Thursday blocked President Joe Biden’s administration from continuing to implement a…
Exclusive-Apax, Bain and CVC exploring potential bids for SoftwareOne, sources say
By Amy-Jo Crowley and Oliver Hirt LONDON (Reuters) – Apax Partners, Bain Capital and CVC are each exploring potential bids…
Discover sells student loan portfolio to Carlyle, KKR for up to $10.8 billion
-Discover Financial Services will sell a portfolio of student loans to buyout giants Carlyle and KKR for up to $10.8…
US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says
(Reuters) – Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the…
Nigeria’s president asks lawmakers to approve extra $4 billion in spending
By Camillus Eboh ABUJA (Reuters) -Nigeria’s President Bola Tinubu has asked the Senate to approve an additional spending of 6.2…
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JPMorgan beats profit estimates on investment banking boost
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase beat estimates for second-quarter profit on Friday, as its investment…
Intel on track for cumulative software sales of $1 billion by end 2027, exec says
By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software…
Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a…
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IBAT launches new lithium extraction technology in Utah
(This July 11 story has been officially corrected to fix the companies’ production run rate in a bullet and in…