Big Lots Inc. is an American discount retail chain, founded in 1967 and headquartered in Columbus, Ohio, United States. It offers a wide range of products at affordable prices. According to reports, Big Lots has filed for Chapter 11 bankruptcy protection due to declining sales caused by inflation and rising interest rates. It plans to…
Stellantis To Recall Over 1.2 Million Vehicles
Stellantis has issued a recall of over 1.2 million vehicles due to a software malfunction affecting the anti-lock brake system (ABS) control module, which may disable the electronic stability control (ESC) system. According to reports, affected vehicles include 2019 and 2021-2024 Ram 1500 trucks, totaling 1,227,808 units. Dealers will update the ABS software free of…
Apple: It’s Glowtime Event 2024
Apple Inc., the multinational technology company founded in 1976 and headquartered in Cupertino, California, designs a variety of products like smartwatches, iPhones, AirPods, iPads, and Mac computers. Today, Apple will once again hold its annual event titled “It’s Glowtime” and is expected to unveil exciting new products. The event will focus on the introduction of…
Stellantis: $385 Million Investment In Argentina
Stellantis has announced plans to invest $385 million USD in its plant in the province of Córdoba, Argentina, between 2025 and 2030. According to reports, this investment is part of Stellantis’ bigger plan to invest $6.22 billion in South America during the same period and will be used to build a new line of vehicles,…
Tower Semiconductor: $10 Billion Investment In India
Tower Semiconductor Ltd. is an Israeli company founded in 1993 and headquartered in Migdal Haemek, Israel. It manufactures integrated circuits using specialty process technologies for a wide range of applications. According to reports, Tower Semiconductor and Adani Group have announced plans for a joint investment of $10.01 billion USD in a semiconductor project in India’s…
Salesforce: $1.9 Billion Own Company Acquisition
Salesforce, Inc. is an American cloud-based software company founded in 1999 and headquartered in San Francisco, California. It provides customer relationship management (CRM) software and application solutions to businesses. According to reports, Salesforce has announced plans to acquire Own Company, a leading provider of data protection and management solutions for $1.9 billion USD in cash…
Verizon: $20 Billion Frontier Communications Acquisition
Verizon Communications Inc. is an American telecommunications company founded in 1983 as Bell Atlantic and headquartered in New York City. It is the world’s second-largest telecommunications company by revenue and the largest wireless carrier in the United States. According to reports, Verizon has announced plans to acquire Frontier Communications in an all-cash deal valued at…
Paylocity: $325 Million Airbase Acquisition Deal
Paylocity Holding Corporation is a cloud-based human capital management (HCM) software company founded in 1997 and headquartered in Schaumburg, Illinois. It provides payroll, benefits, talent management, and time and labor tracking solutions to businesses. According to reports, Paylocity has announced plans to acquire Airbase, a corporate spend startup, for $325 million USD to enhance its…
Spotify Rolls Out Daylist Feature Globally
Spotify, the popular music streaming platform with over 500 million monthly active users, has rolled out the Daylist feature globally, and it’s now available in all markets worldwide. According to reports, Daylist is a personalized playlist that adapts to your listening habits throughout the day, updating multiple times with new tracks and titles that reflect…
Blackstone: $16 Billion AirTrunk Acquisition Deal
Blackstone Inc. is an American alternative investment management company, founded in 1985 and headquartered in New York City. It is the world’s largest alternative investment firm with over $1 trillion USD in assets under management. According to reports, Blackstone has announced plans to acquire AirTrunk, an Australian data center platform, for $16.1 billion USD, making…