business
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Zoom acquires cloud contact centre Five9 for $14.7 billion
The teleconferencing software Zoom acquires cloud contact centre Five9 for $14.7 billion. This acquisition will help Zoom to enhance its…
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Tencent agrees to buy video game maker Sumo Group for $1.27B
The tech giant Tencent agrees to buy video game maker Sumo Group for $1.27 billion. The Chinese firm is offering…
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Zomato the food service platform, IPO opens $1.2 bn offering
India’s Food service platform Zomato has gone on sale in its $1.2bn (£870m) initial public offering (IPO). The food delivery…
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Energy
Shell and Deutsche Telekom signs MOU to advance digital innovation
The oil giant Shell , Deutsche Telekom ‘s corporate customers arm and and T-Systems International GmbH (T-Systems), have signed a…
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Elon Musk set to invest $30 billion to keep Starlink in orbit
The Billionaire Elon Musk all set to invest $30 billion to keep Starlink in orbit. It is currently operating in…
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CMR Surgical raises £425 million in Series D financing at $3B valuation
The Medical technological company CMR Surgical has announced that it has raised £425 million in Series D financing at $3B…
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HSBC commits $5 billion to support strong companies in UAE
The Investment bank HSBC is committing $5 billion of lending to support strong companies in the United Arab Emirates (…
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Saudi Aramco closes $12.4 billion deal with global investor consortium
The oil giant Aramco closes $12.4 billion deal with global investor consortium which includes EIG and Mubadala. In the purchase…
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Panasonic has sold off its entire Tesla stake
The multinational electronics company Panasonic has sold off its entire Tesla stake last fiscal year Which has helped Panasonic earn…
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Visa to acquire Swedish Banking Platform Tink
The financial services corporation Visa has announced that it has signed a agreement to acquire Swedish Banking Platform Tink. Tink…
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