Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues

• January 07, 2021 04:21 PM GMT
• Team Kalkine

Tesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...

• January 06, 2021 08:16 AM GMT
• Kunal Sawhney

Summary The self-driving startup software, Oxbotica announced today that it had picked up $47 million in the latest funding round The funding involved a mix of investors including BP PLC (LON: BP) and Halma PLC (LON: HLMA) among others Eng...

• January 04, 2021 02:43 PM GMT
• Kunal Sawhney

Summary The shares of IDE Group Holdings PLC skyrocketed after it bagged a contract with an existing customer within its partnership channel. The IDE Group is to receive services from its partner valuing £22.5 million over the course of n...

• December 27, 2020 12:32 AM GMT
• Kunal Sawhney

Summary Amid the Covid-19 pandemic disruptions, tech stocks have shown exceptional momentum in 2020 The rapid shift digitalisation in the fields of entertainment, shopping and working due to the pandemic will continue to reap the rewards for ma...

• December 08, 2020 06:09 AM GMT
• Team Kalkine

Summary Cisco is all set to acquire UK-based cloud communications firm IMImobile PLC in a $730 million deal IMImobile team will join Cisco’s Contact Center business division as part of the deal After the deal, Cisco will be able to provi...

• November 24, 2020 02:07 PM GMT
• Team Kalkine

Summary Sage Group Plc has reported organic total revenue growth of 3.7% during FY20. The Company expects to show a 3% drop in organic operating margin in FY21. Sage cloud-based organic revenue has seen a significant rise of 30% during FY20. ...

• November 21, 2020 03:28 PM GMT
• Kunal Sawhney

Summary The technology businesses have presented a resilient business model during the Covid-19 pandemic Many technology stocks have outperformed despite the economic fallout and unprecedented challenges prevailing in the trading environment. ...

• November 19, 2020 03:16 PM GMT
• Kunal Sawhney

Summary Blue Prism Group Plc is expecting a 40% increase in revenues during FY20. The Company has added 490 new customers in FY20. Idox Plc has reported a 4% increase in the sales during FY20. The Company has exited its sub-scale operations i...

• November 17, 2020 04:24 PM GMT
• Kunal Sawhney

Summary Vodafone Group Plc has reported a revenue decline of 2.3% during H1 FY21. The Company has acquired the TDD spectrum from the National Telecommunications Regulatory Authority. Softcat Plc has reported a revenue increase of 8.6% year-on-...

• November 09, 2020 02:45 PM GMT
• Hina Chowdhary

Summary The "free float" requirement for a premium main market listing could be reduced Businesses might be allowed to hold dual class share structures Tech giants have delivered handsome returns since inception in the past   The te...