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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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Futures rise as signs of softening inflation bolster rate cut hopes
Futures rise as signs of softening inflation bolster rate cut hopes
Apr 1, 2024
(Reuters) - U.S. stock index futures rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal Reserve. The Commerce Department's data on Friday showed the personal consumption expenditures (PCE) price index - the Fed's preferred inflation gauge - rose 0.3% in February, compared with the estimates of...
Futures rise as signs of softening inflation bolster rate cut hopes
Futures rise as signs of softening inflation bolster rate cut hopes
Apr 1, 2024
(Reuters) - U.S. stock index futures rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal Reserve. The Commerce Department's data on Friday showed the personal consumption expenditures (PCE) price index - the Fed's preferred inflation gauge - rose 0.3% in February, compared with the estimates of...
Russian stocks hit highest in over two years
Russian stocks hit highest in over two years
Apr 1, 2024
MOSCOW, April 1 (Reuters) - Russia's benchmark stock index strengthened to its highest point since the day Russia sent its troops into Ukraine in February 2022 on Monday, while the rouble firmed slightly against the U.S. dollar. By 1025 GMT, the rouble-based MOEX Russian index gained 0.9% to 3,361.5 points, its strongest since Feb. 24, 2022. The dollar-denominated RTS index...
Investor Sentiment Edges Lower, US Stocks Record Gains Last Quarter
Investor Sentiment Edges Lower, US Stocks Record Gains Last Quarter
Apr 1, 2024
The CNN Money Fear and Greed index showed a slight decline in overall market sentiment, but it remained in the Greed zone on Thursday. U.S. stocks closed mixed on Thursday, while the S&P 500 surged to a new all-time high and also recorded its best first-quarter performance in five years. For the quarter, the S&P 500 gained 10.2% to record...
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StatLab Launches PiSmart™ S1 Slide Printer, and Expands U.S. Manufacturing in Arlington
StatLab Launches PiSmart™ S1 Slide Printer, and Expands U.S. Manufacturing in Arlington
Sep 17, 2025
Compact new printer with intuitive interface debuts as StatLab readies U.S. slide manufacturing and accelerates development across the PiSmart platform. MCKINNEY, Texas--(BUSINESS WIRE)-- StatLab Medical Products, a leading global developer and manufacturer of pathology supplies and equipment, today announced the global launch of the PiSmart™ S1 single-hopper slide printer, expanding its existing PiSmart labeling and tracking solutions of both slide...
Allied Telesis Launches SwitchBlade® x908 Generation 3 to Solve Enterprise and Data Center Scalability Challenges
Allied Telesis Launches SwitchBlade® x908 Generation 3 to Solve Enterprise and Data Center Scalability Challenges
Sep 17, 2025
Compact 3U modular chassis delivers capacity-on-demand flexibility and first Allied Telesis 400G support. SAN JOSE, Calif.--(BUSINESS WIRE)-- Enterprises and data centers face mounting challenges in scaling their networks to support AI, video, IoT, and virtualized workloads. Bandwidth demand is rising, yet many organizations are held back by legacy switches, fragmented operations, and the high cost of oversized chassis systems....
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Sep 17, 2025
Sept 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Global investment firm KKR has acquired Japan-based insurance distributor Hoken Minaoshi Hompo Group from investment fund Advantage Partners, the companies said on Tuesday. ** Commodity trader and investment company ResInvest Group said it is in talks to buy Datteln 4, the...
NetRise Discovers That More Than 80% of Devices Remain Exposed to Pixie Dust a Decade After Disclosure
NetRise Discovers That More Than 80% of Devices Remain Exposed to Pixie Dust a Decade After Disclosure
Sep 17, 2025
Delayed Patches, Opaque Advisories, and Legacy Firmware Highlight Systemic Software Supply Chain Risk in Wireless Routers Examined by the Leader in Binary Composition Analysis AUSTIN, Texas, Sept. 17, 2025 /PRNewswire/ -- NetRise, the company providing visibility into software and firmware supply chain risk, today released its new research report, Legacy Vulnerabilities in Wireless Firmware: The Lingering Threat of the Pixie...
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