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Focus Finance
May 7, 20211 min read
Bill.com Announces Acquisition Of Fintech Unicorn Divvy For $2.5B
Bill.com, which provides software to automate complex back-office financial operations, has announced it will acquire the U.S. based...
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Focus Finance
May 6, 20211 min read
Uber Earnings Show Food Delivery Thriving As Ride Hailing Plateaus
Uber (NYSE: UBER) saw its best quarter in its 12-year history as record numbers of gross bookings continued to help the company recover...
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Focus Finance
May 6, 20211 min read
Crypto Merchant Bank Galaxy Digital Acquires BitGo For $1.2B
Galaxy Digital, a financial services firm focused on cryptocurrency, announced today that it has entered an agreement to purchase BitGo....
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Focus Finance
May 5, 20211 min read
American Express Global Business Travel Buys Egencia From Expedia
American Express Global Business Travel (GBT), a company American Express spun off in 2014 but retains a 50% interest in, has announced...
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Focus Finance
May 5, 20211 min read
Buffett Names Greg Abel As Successor - Is Berkshire Hathaway At A Crossroads?
Speculation as to who would replace Berkshire Hathaway (NYSE: BRK) CEO Warren Buffett (90) and his partner Charlie Munger (97) has loomed...
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Focus Finance
May 4, 20211 min read
Epic Games’ Antitrust Battle With Apple Kicks Off In Court
The battle between Apple (NASDAQ: AAPL) and Epic Games began in court on Monday and is expected to last for three weeks. The court will...
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Focus Finance
May 4, 20211 min read
Okta Closes $6.5B Acquisition Of Identity Platform Auth0
Okta announced today that it has acquired Auth0, a platform used to develop secure identities for internet applications. The deal is...
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Focus Finance
May 1, 20211 min read
US Economy Continues Strong Rebound With 6.4% GDP Growth In The First Quarter
As the first quarter of the year comes to a close, the US continues to see strong signs of economic recovery from COVID-19. The growth...
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Focus Finance
May 1, 20211 min read
Nestlé Buys The Bountiful Company For $5.75B From PE Giant KKR
Swiss food and beverage company Nestlé has announced it will acquire The Bountiful Company for $5.75 billion from the private equity...
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Focus Finance
Apr 30, 20211 min read
Apple Announces $90 Billion Share Buyback After Blowout Earnings Report
Apple reported spectacular Q1 results on Wednesday, blowing away analyst expectations by posting $89.6 billion in revenue and earnings of...
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Focus Finance
Apr 30, 20211 min read
Realty Income To Acquire VEREIT In An $11B Transaction
Realty Income (NYSE: O) has announced it will acquire VEREIT (NYSE: VER) in an all stock transaction worth approximately $11 billion....
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Focus Finance
Apr 29, 20211 min read
Spotify Shares Plummet 12% On Weak Subscriber Growth Outlook
Spotify (NYSE: SPOT) reported results for its Q1 performance on Wednesday, where the streaming service saw a 16% increase in total...
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Focus Finance
Apr 29, 20211 min read
Private Equity Consortium buys Hitachi Metals Division for $7.5B
Hitachi Limited will sell its metals division to a consortium led by global private equity firm Bain Capital, according to a statement...
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Focus Finance
Apr 28, 20211 min read
UPS Shares Rally Over 10% After Posting Record Financial Results
After announcing its Q1 results before market opening on Tuesday, shares of the package delivery company United Parcel Service (NYSE:UPS)...
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Focus Finance
Apr 28, 20211 min read
Humana Announces It Will Acquire Kindred At Home At An EV Of $8.1B
Health Insurance giant Humana has announced it will acquire the remaining 60% of Kindred at Home, the nation’s largest home health and...
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Focus Finance
Apr 27, 20211 min read
Toyota Picks Up Self-Driving Arm Of Lyft In $550M Acquisition
Lyft, Inc. announced today that it will sell it’s self-driving technology division to Toyota. The deal is estimated at $550 million and...
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Focus Finance
Apr 27, 20211 min read
Tesla Posts Strong Q1 Earnings Boosted By Bitcoin Sales
Tesla delivered strong first quarter earnings to investors on Monday. The report marked the company's seventh consecutive profitable...
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Focus Finance
Apr 24, 20211 min read
Turkish Crypto Exchange CEO And $2 Billion Vanish Amid Regulatory Crackdown
After the Turkish crypto exchange “Thodex” went offline last Wednesday, thousands of investors have been left unable to access their...
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Focus Finance
Apr 24, 20211 min read
Panasonic Announces Its $7.1B Acquisition Of Blue Yonder
Panasonic has announced it will acquire the supply chain management software company Blue Yonder at a valuation of $7.1 billion....
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Focus Finance
Apr 23, 20211 min read
Major Indices Drop As Biden Plans A Major Capital Gains Tax Hike
On Thursday, news broke that the Biden Administration is planning to introduce a plan that would nearly double the capital gains tax rate...
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