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August 1, 2021

Software (TRBC level 4)

Takeaway.com publishes prospectus for proposed $7 billion GrubHub buy

Reuters
FILE PHOTO: The app for Just Eat is displayed on a smartphone in this posed picture in London, Britain, August 5, 2019. REUTERS/Toby Melville//File Photo AMSTERDAM (Reuters) – Just Eat Takeaway.com, the Dutch food ordering and delivery company, on Wednesday published the prospectus for its proposed $7 billion takeover of......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Chinese Internet firms pledge to avoid anti-competitive behaviors

Reuters
FILE PHOTO: A Baidu sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) – A dozen Chinese Internet platform companies pledged to avoid anti-competitive behaviors such as forcing vendors to use their platform exclusively, according to a......

U.S. directs agencies to apply patches to Microsoft servers

Reuters
FILE PHOTO: White House Deputy National Security Advisor for Cyber and Emerging Technology Anne Neuberger gives an update on the Biden administration’s response to the SolarWinds hack during the daily briefing at the White House in Washington, D.C., U.S. February 17, 2021. REUTERS/Leah Millis WASHINGTON (Reuters) – The top cybersecurity......

PC shipments notch fastest quarterly growth in 20 years – Gartner

Reuters
(Reuters) – Global shipments of personal computers rose at their fastest pace in two decades in the first quarter as people bought computers to help them work and study remotely during the COVID-19 crisis, according to research firm Gartner Inc. PC shipments, which include both laptops and desktop computers, grew......

Microsoft in talks to buy AI firm Nuance Communications – Bloomberg

Reuters
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo (Reuters) – Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc, Bloomberg News reported on Sunday. An agreement could be announced as soon as......

Breakingviews – Capital Calls – Cellebrite good times

Reuters
A Cellebrite forensic device extracts data from a Samsung mobile phone during a demonstration at a training centre in Beijing, China June 19, 2018. REUTERS/Cate Cadell NEW YORK (Reuters Breakingviews) – SOMETHING TO CELLEBRITE. Controversy over cops breaking into people’s cellphones is heading to a stock exchange near you. Israeli......

U.S. adds Chinese supercomputing entities to economic blacklist

Reuters
FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo (Reuters) – The U.S. Commerce Department said Thursday it was adding seven Chinese supercomputing entities to a U.S. economic blacklist for assisting Chinese military The department is......

Apple to start enforcing new app privacy notifications in coming weeks

Reuters
FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Apple Inc said on Wednesday that in the coming weeks it will start enforcing a new privacy notification......

Software firm Canva valued at $15 billion after latest investment

Reuters
(Reuters) – Australian software firm Canva on Tuesday said the company’s valuation had more than doubled to $15 billion following an investment of $71 million. Sydney-based Canva, launched in 2013, offers an online design and publishing tool with templates for presentations, social media graphics and posters, among others. Canva, which......

Microsoft says investigating issues with Microsoft 365 services and features

Reuters
FILE PHOTO: A Microsoft logo is seen on an office building in New York City on July 28, 2015. REUTERS/Mike Segar/File Photo/File Photo/File Photo (Reuters) – Microsoft Corp said on Thursday it was investigating an issue with its Microsoft 365 services and features, including workplace messaging app Teams and Azure,......

Twitter says in process of identifying new independent board director

Reuters
April 1 (Reuters) – Twitter Inc said on Thursday it was in the process of identifying a new independent director for its board. The company also said board member Jesse Cohn, who is also hedge fund Elliott Management’s head of U.S. equity activism, will be nominated for re-election as a......

Discord messaging platform launches Clubhouse-style feature

Reuters
NEW YORK (Reuters) – Messaging platform Discord Inc on Wednesday launched a new feature for people to hold live audio events for audiences, similar to the rapidly growing app Clubhouse. Discord, which offers voice, video and text chat, was popularized by videogamers and has spread to other groups since its......

Robinhood confidentially files for U.S. stock market listing- sources

Reuters
March 23 (Reuters) – Robinhood Markets Inc, the online brokerage at the heart of the historic retail trading frenzy that gripped Wall Street this year, has confidentially submitted plans to regulators for a U.S. stock market listing, people familiar with the matter said. It was not immediately clear whether Robinhood......

SoftBank-backed Zymergen files for $100 million U.S. IPO

Reuters
(Reuters) – Zymergen Inc, backed by SoftBank Group Corp Inc’s Vision Fund, is looking to raise around $100 million through an initial public offering in the United States, according to a regulatory filing on Tuesday. The company did not reveal the number of shares it plans to offer for sale......

Lumentum raises Coherent buyout offer to $7 billion

Reuters
Optical fiber cable is pictured on a reel in a storage area in Perugia, Italy, June 26, 2017. Picture taken June 23, 2017. REUTERS/Alessandro Bianchi (Reuters) – Optical fiber firm Lumentum Holdings Inc said on Tuesday it has raised its buyout offer for Coherent Inc to about $7 billion, the......

Exclusive: Box explores sale amid pressure from Starboard – sources

Reuters
By Greg Roumeliotis, Joshua Franklin (Reuters) – U.S. cloud services provide Box Inc is exploring a sale amid pressure from hedge fund Starboard Value LP over its stock performance, according to people familiar with the matter. Redwood City, California-based Box has discussed a potential deal with interested buyers, including other......

Jury tells Apple to pay $308.5 million for patent infringement

Reuters
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC......

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