DIRS.INFO The most relevant business & tech news

☆ Disney's Bob Iger needed a win. Pat McAfee just gave him one.
▼ + stars: | 2024-01-10 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Disney's Bob Iger got out of a jam with two of his biggest stars: Jimmy Kimmel and Pat McAfee. AdvertisementThere aren't a lot of media moguls who could get out of a jam involving two of their biggest stars and accusations of pedophilia. It's unclear when McAfee intends to bring Rodgers back or if he ever will; ESPN reps declined to comment. One of the reasons is that while Disney and ESPN are reported to be paying McAfee $85 million over five years to bring his daily talk show to ESPN, McAfee isn't a Disney employee. And certainly not one about one of ESPN's biggest stars, who's supposed to represent its path to the future.

Persons: Bob Iger, Jimmy Kimmel, Pat McAfee, ABC's Kimmel, ESPN's McAfee, Iger, —, Pat McAfee —, Aaron Rodgers, Jeffrey Epstein, Epstein, Kimmel, Rodgers, McAfee, Pat McAfee's, Randy Holmes, strafe Kimmel, who's Organizations: Disney, Service, ABC, ESPN, NFL, DR, Wednesday, Super, Pat McAfee's ESPN, ESPN It's, McAfee, Iger, Marvel, — Locations: —

☆ A bigger tax break for parents and companies is getting closer to becoming a reality
▼ + stars: | 2024-01-10 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

Read previewThere might be welcome tax news for parents and businesses soon — if legislators are finally able to wrangle a deal. "We've made a substantial kind of progress," Wyden told Semafor. AdvertisementRyan Carey, a spokesperson for Wyden, told BI last week that discussions were "ongoing" and "productive." At the same time, Democrats have been pushing for some renewal of pandemic-era expansions to the Child Tax Credit that expired in December 2021. Wyden told Semafor that he'd want the package in front of President Joe Biden by January 29, when filing season begins.

Persons: —, Ron Wyden, Jason Smith, Semafor's Joseph Zeballos, We've, Wyden, Semafor, Smith, Ryan Carey, Carey, Spokespeople, Donald Trump's, Joe Biden Organizations: Service, Senate, Democrat, Tax, Business, Senate Finance, Child Tax, American, Child, ARP CTC

☆ Amazon's biggest generative AI product launch was rushed and flawed, leaving insiders looking for answers
▼ + stars: | 2024-01-10 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

"Q should be more polished, given how far behind we are," one of the Amazon employees told BI. An Amazon spokesperson said Q is not based on a single AI model, and its launch followed standard operating procedure. They said Q primarily used Claude Instant 1.2, a cheaper, lighter, and faster version of the AI model that was released in August. More approachable, but too simpleCurrently, Amazon Q is only offered in preview mode to select customers. Some AWS employees, however, say it feels like the company is in a mad dash to release new products, even if they are subpar.

Persons: —, Q, That's, Anthropic's Claude, It's, Google's Bard, Claude, Andy Jassy, Richard Brian Bedrock, Dario Amodei, Anthropic, Randall Hunt, Hunt, Corey Quinn, Quinn, Amazon's Trainium, Adam Selipsky, Selipsky, Amazon's Organizations: Service, Amazon, Business, Microsoft, Google, Claude, AWS's, Oracle, Duckbill, Nvidia, AWS

☆ Pleo appoints new CFO as it looks to get in shape for IPO
▼ + stars: | 2023-12-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive team — a sign the company is readying itself for an eventual initial public offering. Most notably, Lonning had experience as CFO at Danish food enzyme maker Chr Hansen. Chr Hansen, which is listed on the Danish stock exchange, is one of Denmark's most valuable publicly listed firms, with a market cap of more than $10 billion. The European Union recently approved a $22 billion merger between Chr Hansen and competitor Novozymes. That's a dilemma for companies, but even more so for the lifestyle of Pleo and tech companies."

Persons: Pleo, Soren Westh Lonning, Chr Hansen, Lonning, Novozymes Organizations: CNBC, Danish bioscience, WS Audiology, Danish, European Union

☆ Elon Musk is beefing with Paris Hilton now
▼ + stars: | 2023-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk says he didn't find the advertising campaign for Paris Hilton's cookware "super convincing." Musk has been on the warpath with advertisers of late as more companies pull ads from X. AdvertisementIt looks like Elon Musk is training his furor at advertisers on a brand new target — Paris Hilton. Besides advertising her cookware on X, Hilton has also promoted her products on Instagram and TikTok. Representatives for Musk and Hilton did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: Elon Musk, Musk, —, Paris Hilton, Linda Yaccarino, he's, Hilton, hasn't, Hey Bob, Bob Iger Organizations: Service, Disney, IBM, New York Times DealBook, Musk, Business Insider Locations: Paris

☆ Russia is ramping up its use of long-range glide bombs because Ukraine keeps shooting down its helicopters, war analysts say
▼ + stars: | 2023-12-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Russia has been ramping up its use of powerful glide bombs, according to war analysts. Ukraine's tough air defense "is reportedly incentivizing" Russia to rely on the weapons, ISW said. Ukraine's military has previously sounded the alarm over Russia's use of glide bombs. AdvertisementRussia has been beefing up its use of long-range glide bombs because of Ukraine's tough air defenses along the front lines of Moscow's grinding war with Kyiv, according to war analysts. Ukraine's military has sounded the alarm over Russia's use of glide bombs — bombs modified with glide kits that allow for launches from greater distances, reducing the launching aircraft's exposure to enemy air defenses.

Persons: ISW, —, Oleksandr Shtupun, Shtupun, Hans Petter Midttun, Oleksiy Organizations: Service, The, Centre of Defence, Razumkov Center Locations: Russia, Kyiv, Washington, DC, Russian, Zaporizhzhia, Ukraine, Ukrainian

N.C. (AP) — North Carolina Black and Latino voters sued in federal court on Monday seeking to strike down congressional districts drawn this fall by Republican state legislators that they argue weaken minority voting power in violation of the U.S. Constitution. Under the iteration of the congressional map that had been drawn by state judges for the 2022 elections, Democrats and Republicans each won seven seats. Meanwhile, the number of minority voters grows in the 12th, which is represented by Rep. Alma Adams of Charlotte. Rep. Jeff Jackson, a Mecklenburg County Democrat, already said he’s running for state attorney general, saying he can’t win reelection under the new congressional map. The latest congressional map “continues North Carolina’s long tradition of enacting redistricting plans that pack and crack minority voters into gerrymandered districts designed to minimize their voting strength," the plaintiffs' lawyers write.

Persons: gerrymanders, Tim Moore, Kathy Manning, Republican mapmakers, Don Davis, Alma Adams, Charlotte, Jeff Jackson, Moore Organizations: —, — North Carolina, Republican, U.S . Constitution, General, Republicans, Capitol, U.S . House, Black Democrats, 6th, GOP, Democratic, Rep, Mecklenburg County Democrat, Supreme Locations: RALEIGH, N.C, — North, U.S ., U.S, Charlotte, District, North, Greensboro, Pitt County, South Carolina, Mecklenburg County

☆ Winter storm may have unmoored mines in the Black Sea ramping up naval danger for both Ukraine and Russia
▼ + stars: | 2023-11-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

The fierce winds may have unmoored maritime mines in the Black Sea, according to reports. AdvertisementA fierce winter storm walloped southern Ukraine on Monday inhibiting military operations on both sides and could have worsened already-heightened navigational dangers in the Black Sea. Giant waves and gusty winds threatened to unmoor maritime mines in the Sea of Azov and the Black Sea, the outlet reported — posing an even greater risk for those who navigate the perilous shipping lanes. Sea mines in the region have previously come loose in less violent storms. Both Ukraine and Russia have accused the other of placing Soviet mines along Ukraine's coast, Reuters reported.

Persons: — Organizations: Service, The New York Times, Ukrainian, Reuters Locations: Ukraine, Azov, Russian, Russia, Crimea, Kherson

☆ Russia and Ukraine are both beefing up their air defenses ahead of another winter of bombardment
▼ + stars: | 2023-11-27 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Ahead of another winter of war, Russia and Ukraine are bolstering their air-defense arsenals. The Russian military appears to be sacrificing elsewhere to reinforce its air defenses in Ukraine. AdvertisementAs the start of the second winter of their renewed war looms, both Ukraine and Russia are trying to beef up their air defenses. AdvertisementBut after two years of incessant barrages by Russian missiles and waves of Russian- and Iranian-made drones, Ukraine is running low on air-defense missiles and cannon ammunition. Russian missiles and drones have been a persistent menace to Ukrainian troops and civilians, but Russia has air-defense problems of its own.

Persons: —, Kostya, Ed Ram, Michael Kofman, Kofman, Ercin, Vitaly Nevar, Michael Peck Organizations: Service, Russian, Patriot, Ukraine's, Soviet, AIM, 9M, RIM, The Washington, Getty, Carnegie Endowment, International, Anadolu Agency, REUTERS, British Defence Ministry, Defence Ministry, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Ukraine's Soviet, America, Soviet, Russian, Kyiv, Ukrainian, Bakhmut, Moscow, Crimea, Baltic, Kaliningrad, Forbes

Jets free live streams as you recover from last night's belly stuffing and late-night shopping for Black Friday deals. We can also show you how to watch Thursday Night Football free live streams to keep up throughout the rest of the 2023 season. How to watch Dolphins vs. You can also catch the game from Amazon Prime Video apps on smartphones, tablets, smart TVs, streaming sticks, and gaming consoles. Watch Dolphins vs.

Persons: Zach Wilson, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN, AWST Organizations: Dolphins, Jets, Black, Buffalo Bills, Miami, AFC East, Amazon, . Jets, Fox, Amazon Prime, Insiders, Prime, Friday, Apple, Watch Dolphins, Football, Seahawks, Cowboys, Patriots, Steelers, Chargers, Raiders, Rams, Browns Locations: Tua, New York, Miami

Below, we'll help you figure out where and how to watch Thanksgiving football games, with NFL live streams for all three major local networks showing the broadcasts. How to watch Thanksgiving football gamesAll three national NFL broadcasters in the United States are in on the Thanksgiving football schedule for 2023, one game for each. Further down, we'll show you what NFL teams are playing on Thanksgiving, which channel these games are on, how to stream these Thanksgiving football games, and how to access these streaming services using a VPN if you aren't in the US. Watch NFL Thanksgiving games from anywhereIf you're outside of the US, then a VPN can help unlock these streaming options. ETWhat are the Thanksgiving football game channels?

Persons: you've, ExpressVPN Organizations: NFL, Fox, Packers, Lions, Cowboys, CBS, NBC, San Francisco 49ers, Seattle Seahawks, Amazon Prime, Dolphins, . Jets, US, Paramount Plus, 49ers, Seahawks, Pro, Paramount, Nickelodeon, Comedy Central, BET, MTV, Champions League, Jets, Insiders, Bay Packers, Detroit Lions, Washington, Dallas Cowboys Locations: Detroit, Arlington, United States

HONG KONG (AP) — Hong Kong Disneyland opened its first Frozen-themed attraction on Monday, with thousands of eager visitors turning up to experience the new rides, some lining up for hours to get an early start. Now that Chinese tourists are venturing abroad again after the pandemic, the pandemic, the new attraction is meant to be a game changer for a theme park that has run losses for years. Some of the hundreds of Disney fans who lined up hours ahead of time were dressed like characters from Frozen. “The World of Frozen is really well-designed and beautiful,” said Darmanic, whose family was making its first visit to the Hong Kong theme park. Hong Kong has been beefing up the park to try and draw more visitors.

Persons: ”, Josh D’Amaro, Bryan Darmanic, Darmanic, Winnie Ip, ” Ip Organizations: Hong Kong Disneyland, Disney, Tokyo DisneySea, Paris Locations: HONG KONG, Hong Kong, California, Macao, Shanghai, Tokyo, Arendelle

Learn moreYou're just a few simple clicks away from a free Cricket World Cup final live stream. These virtual private networks let your devices mimic various international locations of your choosing so that you can watch free live stream options hosted in other countries that are usually blocked to outsiders. Where to watch free India vs. Australia live streamAustralia is one of the only countries with a free Cricket World Cup final live stream, courtesy of streaming service 9Now. That's the best place to watch India vs. Australia for free today. Watch India vs. Australia.

Persons: Virat Kohli, Sachin, 9Now, We've, we've, ExpressVPN Organizations: Australia, Cricket, Watch India, ESPN Plus, Sky Sports Cricket, ESPN, Hulu, Disney Locations: India, Australia, Australian, United States

Learn moreThe final match of the Cricket World Cup semi-finals is up today, and you're just a few simple clicks away from a free South Africa vs. Australia live stream. Like Australia, South Africa (and everyone else) lost to India in the group stage, but the defeat to the Netherlands was a bit of a shocker. Where to watch free South Africa vs. Australia Cricket World Cup live streamAustralia is one of the only countries with a free Cricket World Cup live stream, courtesy of streaming service 9Now. You'll find today's free semi-final, South Africa vs. Australia, on the main 9Now channel - likewise, with Sunday's final. Watch South Africa vs. Australia.

Persons: 9Now, We've, we've, ExpressVPN Organizations: Cricket, Australia, Australia Cricket, ESPN Plus, Cricket World, Sky Sports Cricket, ESPN, Hulu, Disney Locations: Africa, Australia, India, South Africa, Netherlands, Australian, Watch, United States

Learn moreThe Cricket World Cup semi-finals begin today, and you're just a few simple clicks away from a free India vs. New Zealand live stream. Where to watch free India vs. New Zealand Cricket World Cup live streamAustralia is one of the only countries with a free Cricket World Cup live stream, courtesy of streaming service 9Now on the Gem channel. You'll find today's free India vs New Zealand live stream there today, and you can see tomorrow's other semi-final, Australia vs. South Africa, on the main 9Now channel - likewise, with Sunday's final. We've been running a how to watch the Cricket World Cup guide throughout the tournament, so we've confirmed all these details as working for weeks now. Watch India vs. New Zealand.

Persons: 9Now, We've, we've, ExpressVPN Organizations: Cricket, India, New, New Zealand Cricket, Watch India, ESPN Plus, Cricket World, Sky Sports Cricket, ESPN, Hulu, Disney Locations: India, Zealand, Australia, New Zealand, South Africa, Australian, United States

[1/2] A view shows smoke in the Gaza Strip as seen from Israel's border with the Gaza Strip, in southern Israel October 18, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsWASHINGTON/BAGHDAD, Nov 9 (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Amir Cohen, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Phil Stewart, Idrees Ali, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Organizations: REUTERS, U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United, Thomson Locations: Gaza, Israel, WASHINGTON, BAGHDAD, Iraq, America, Erbil, Iranian, Syria, U.S, Iran, Syrian, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

☆ U.S. Forces Under Fire in Middle East as America Slides Towards Brink
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +10 min

By Phil Stewart, Idrees Ali and Ahmed RasheedWASHINGTON/BAGHDAD (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. Iran says it had no role in Hamas' Oct. 7 raid on Israel, though it has welcomed the attack. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Phil Stewart, Idrees Ali, Ahmed Rasheed WASHINGTON, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Char Organizations: U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United Locations: BAGHDAD, Iraq, America, Erbil, Iranian, Syria, Gaza, U.S, Iran, Syrian, Israel, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

☆ Amazon beefs up Prime loyalty program with One Medical discount
▼ + stars: | 2023-11-08 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon is beefing up its mainstay Prime subscription program with a new benefit that gives members access to discounted One Medical memberships. Prime members can add up to five additional memberships on the same plan at a rate of $6 per person, Amazon said. Amazon is integrating One Medical into its Prime membership service after acquiring the primary health-care provider in July 2022 for roughly $3.9 billion. The tech giant has steadily added a buffet of benefits to its Prime membership program over the years as a way to lure more subscribers. Launched in 2005, Amazon Prime gives members access to free two-day shipping, as well as access to exclusive movies and TV shows, among other perks.

Persons: Neil Lindsay Organizations: Amazon Health, Amazon Prime, Amazon Locations: U.S, Haven

☆ UBS dragged into the red with Credit Suisse takeover
▼ + stars: | 2023-11-07 | by ( Noele Illien | ) www.reuters.com time to read: +3 min

ZURICH, Nov 7 (Reuters) - UBS Group (UBSG.S) posted a $785 million loss in the third quarter after expenses tied to the Swiss bank's takeover of Credit Suisse while signalling that its core wealth business is stabilising. Stripping out the impact of the takeover, UBS made an underlying profit of $844 million. With the takeover, UBS now oversees more than $5 trillion in assets. It has been working to recover from the exodus of client funds from Credit Suisse with above-market rates on deposits. It also continued to cut staff, which accounted for a big chunk of the more than 2 billion Swiss francs ($2.22 billion) of costs related to integration.

Persons: Sergio Ermotti, Goldman Sachs, Colm Kelleher, Noele Illien, John O'Donnell, Christopher Cushing Organizations: UBS, Credit Suisse, Goldman, Thomson Locations: ZURICH, Swiss, Switzerland, Zurich

☆ Workers are missing cog in US manufacturing gears
▼ + stars: | 2023-11-07 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +7 min

NEW YORK, Nov 7 (Reuters Breakingviews) - There’s a spanner in the freshly restarted U.S. manufacturing machine. Based in part on the planned construction spending, Goldman Sachs analysts estimate that Biden’s initiatives could lead to as many as 250,000 new manufacturing jobs over the next two years. Pay growth is also cooling faster for production and manufacturing jobs, at 4.2% year-over-year in August, down from an 11% annual peak in December 2021 and compared to the national average of 4.5%, according to jobs website Indeed. By 2030, technological and cognitive skills in the manufacturing sector will be in far higher demand as the share of physical and manual tasks drops by more than a quarter from 2016, McKinsey says. The U.S. manufacturing engine may be humming along now, but employment-related complications threaten to throw sand in the gears.

Persons: Joe Biden’s, Biden, Goldman Sachs, There’s, it’s, Sam, Francesco Guererra, Sharon Lam Organizations: Reuters, Deal, Taiwan Semiconductor Manufacturing, Samsung Electronics, Intel, Bosch, Linde, Public, Ford, SK Innovation, Reuters Graphics Reuters, Department, Bureau of Labor Statistics, McKinsey, University of Massachusetts, Economy Research, of Labor Statistics, Thomson Locations: Arizona, U.S, United States, China, Europe, Asia, it’s, Germany, Amherst

☆ We're thinking about buying more shares in these 3 companies. Here's our internal debate
▼ + stars: | 2023-11-06 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

PANW YTD mountain Palo Alto Networks YTD Shares of Palo Alto Networks dropped another 4% on Monday, adding to Friday's more than 2.5% decline on Fortinet's disappointing full-year guidance. Investors were making assumptions about what Fortinet's concerns might mean for Palo Alto. In August , we told members to pick up shares of Palo Alto, which were down then, like now, on comments from Fortinet's management team. HUM YTD mountain Humana YTD Humana is another name whose stock price action simply does not reflect the fundamentals we saw in the company's most recent earnings report , out last Wednesday. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Palo, That's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: DuPont, Palo Alto Networks, Caterpillar, Palo, U.S ., Humana, CNBC, Traders, New York Stock Exchange, Getty Locations: overbought, Palo, Palo Alto, Tenable, New York City

Learn moreYou're just a few clicks away from a free England vs. Australia live stream. This is one of the select free games hosted in Australia, as mentioned in our guide to free Cricket World Cup live stream roundup. Where to watch England vs. Australia Cricket World Cup live streams freeAustralia is one of the only countries with a free Cricket World Cup live stream, courtesy of streaming service 9Now (some will be on sister channel 9Gem; check full TV guide listings here). You won't find every scheduled Cricket World Cup match there, but you can be sure all the matches that Australia's playing will air, including South Africa vs. Australia. Watch England vs. Australia.

Persons: we've, Here's, 9Now, ExpressVPN Organizations: Cricket, England, Australia Cricket, Australia, ESPN Plus, Cricket World, Sky Sports Cricket Locations: England, Australia, India, South Africa, 9Now, Africa, Afghanistan, Bangladesh, Australian, United States

☆ Fintech giant Revolut appoints new UK boss amid struggles to get banking license
▼ + stars: | 2023-11-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

European fintech firm Revolut on Thursday said it appointed former Barclays executive Francesca Carlesi as its new U.K. CEO. A spokesperson for Revolut told CNBC that the move was not linked to its application for a banking license. Carlesi would be in charge of the company's U.K. operation — which, once it receives a banking license, would manage the Revolut banking division. The appointment comes at a time when Revolut is beefing up its local operation amid a long wait to obtain a coveted British banking license. Revolut was late to file its accounts earlier this year, which exposed the company to criticisms over whether it is ready to become a fully licensed bank.

Persons: Revolut, Francesca Carlesi, Carlesi Organizations: Barclays, Deutsche Bank, Molo Finance, Revolut, CNBC, Bank of England, Financial, Authority Locations: U.K, British

☆ Japan's Mitsui to buy 12.7% stake in Axiata's digital and analytics unit
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Lim Huey Teng/File Photo Acquire Licensing RightsNov 2 (Reuters) - Japanese trading house Mitsui (8031.T) will take a 12.69% stake in Axiata Group's (AXIA.KL) digital and analytics unit, the Malaysian telecommunications conglomerate said on Thursday. Mitsui will invest $58 million in Axiata Digital & Analytics (ADA) through ADA's holding company, Axiata Digital Services. Mitsui's latest investment currently values the digital and analytics firm at $550 million. "Through this additional investment, Mitsui will provide ADA's marketing solutions and data analysis services to Mitsui's important partners and investees to help accelerate their marketing DX efforts," the Japanese firm said. Mitsui will also acquire an additional 16.7% stake in Axiata Digital Services, beefing it up to 20%.

Persons: Lim Huey Teng, Axiata, Rishav Chatterjee, Sonia Cheema Organizations: REUTERS, Mitsui, Axiata, Analytics, Axiata Digital Services, Thomson Locations: Kuala Lumpur, Malaysia, Malaysian, ADA's, Bengaluru

We have everything you need on how to watch World Series live streams online wherever you are in the world. Where to watch World Series live streams in the USIn the US, the World Series will be exclusively broadcast on Fox. Watch Rangers vs. Diamondbacks in the UKTNT Sports will show coverage in the UK for every game in the World Series. Watch Rangers vs. Diamondbacks in AustraliaESPN is your destination for 2023 World Series innings in Australia. World SeriesWednesday, Nov. 1 — World Series Game 5: Rangers vs. Diamondbacks, 8:03 p.m.

Persons: You'll, Fox, ExpressVPN Organizations: Rangers, Diamondbacks, Fox, Watch Rangers, TNT Sports, Discovery, . Watch Rangers, Canada Sportsnet, MLB, Australia ESPN, ESPN, Kayo, Sling, US, United, . Diamondbacks, . Rangers Locations: Canada, Australia, United States

Search resuls for: "beefing"

25 mentions found