Tag: Mergers and acquisitions
The Biden administration is launching an investigation of competition in air travel
WASHINGTON -- The Biden administration said Thursday it is launching a broad investigation into the state of competition in air travel, including the...
How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine
The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It's also providing an unusual windfall for Anguilla, a tiny...
PepsiCo lowers revenue forecast on weakening demand in the US
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.The company,...
Subscription management platform RevenueCat acquires a ‘spicy’ audiobooks app (??!!)
On the heels of its earlier $12 million fundraise, subscription management platform RevenueCat has made its first acquisition — and it’s an unusual...
Struggling Jeep and Ram maker Stellantis is searching for a new CEO
DETROIT -- Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just...
Motel 6 sold to Indian hotel operator for $525 million
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New...