Vista Equity Partners and Elliott Management Corp are reportedly nearing a deal to purchase Citrix Systems Inc at a valuation of USD 13 billion. Notably, Vista and Elliott jointly entered the loan market to finance the acquisition at USD 1....

The Federal Communications Commission recently announced that it will be providing USD 1.2 billion funding via its Rural Digital Opportunity Fund to extend broadband services across 32 states. The FCC has also launched its Rural Broadband ....

Google LLC has reportedly planned to invest nearly USD 1 billion in Bharti Airtel Limited by purchasing equity of 1.28% and a mutual commercial agreement over the next five years. The internet search giant will invest the amount as part of....

Samsung Electronics is expecting an even sharper rebound in the global tech device market in 2022, although it is still wary of the upcoming supply chain disruptions. The recent development comes after the electronics giant recorded a 53% i....

Flag carrier Air India is reportedly planning to improve its in-flight catering services for the first as well as the business class under the new ownership of the Tata group. Expanded meal service will be provided on four flights, with th....

Meta, Mark Zuckerberg’s social media empire has reportedly initiated the development of what is being hailed as the fastest AI (artificial intelligence) supercomputer in the world. This is part of the company’s ongoing effort to....

Tata Technologies Limited, a multinational entity that specializes in offering engineering as well as product development services, is reportedly planning to hire over 3,000 tech-innovators in the next 12 months under the group’s exte....

Smiles.ai, a healthcare startup, has reportedly raised USD 23 million in a Series A funding round that was led by Alpha Wave Incubation (AWI). Some existing investors including Sequoia Capital India and Chiratae Venture had also participate....

Better Collective, the leading sports betting media group, has reportedly inked a deal with the New York Post. This agreement has been entered to provide commercial content and innovative technology for online sports betting through Action ....

Ford Motor Company has announced that its Q4 results will include a USD 8.2 billion gain on an investment in Rivian Automotive after the EV maker’s blockbuster market debut in November. Rivian's stock had climbed as high as 53% in....