Business

Business (21)

Fintech Growfin Targeting the $125T Global B2B Payments Market With a Collaboration-First Approach

3 years ago

Written by News Editor

SaaS Fintech platform Growfin has launched globally today to transform how finance functions in B2B companies track and collect payments from their customers. With early customers across different sizes and geographies consisting of enterprise customers like Intercom, high performing unicorns like Darwinbox and fast growing startups like Airmeet, Locus.sh, Whatfix and MonetizeMore, Growfin is seeing strong product market signals, helping…

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DISH and Tegna Reach New Carriage Agreement

Business

3 years ago

Written by News Editor

DISH Network Corporation today announced it reached a new carriage agreement with Tegna Inc. Local stations have been immediately restored on DISH TV, in time for the Winter Olympics and Super Bowl LVI. "We're pleased to have reached an agreement in time for the Winter Olympics and Super Bowl that benefits all parties, especially our customers," said Brian Neylon, group president, DISH TV. "I…

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AT&T to Spin Off Interest in WarnerMedia

Business

3 years ago

Written by News Editor

AT&T, Inc. today announced that its board of directors has determined to spin off AT&T’s interest in WarnerMedia in connection with the previously announced transaction with Discovery, Inc (NASDAQ: DISCA, DISCB, DISCK). The transaction, which will spin off 100% of AT&T’s interest in WarnerMedia to AT&T’s existing shareholders in a pro rata distribution, followed by the merger of WarnerMedia with Discovery,…

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TDC Net Enters into New Secured Infrastructure Financing to Refinance Existing TDC Group Debt

Business

3 years ago

Written by News Editor

TDC NET A/S (TDC NET) has on January 31, 2022 entered into in aggregate EUR 3.3bn of committed new bank facilities and established a new secured infrastructure financing platform. In addition, Nuuday A/S (Nuuday) has entered into a revolving credit facility with a syndicate of banks. The proceeds from the new bank facilities at TDC NET will be used to…

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SQL Lakehouse Dremio Doubles Valuation With $160M Series E Funding Round

Business

3 years ago

Written by News Editor

Dremio, the innovation leader in data lake transformation, today announced it has closed a $160 million Series E funding round, bringing the company’s valuation to $2 billion. This preemptive fundraising occurred just one year after a $135 million round led by Sapphire Ventures in January 2021. The new fundraising round is led by Adams Street Partners with participation from existing…

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BT Group to Recruit more than 600 Apprentices and Graduates

Business

3 years ago

Written by News Editor

BT Group today announced plans to recruit more than 600 apprentices and graduates for its September 2022 intake. The company will recruit talent into the company across areas as diverse as engineering, customer service, applied research, and cyber-security to support the UK’s fast-growing digital sectors. The new recruits will also support the company’s plans to build and extend its 5G network…

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Telia Company in Agreement to Expand Tower Partnership With Brookfield and Alecta; Notifies Intention to Propose Return of Net Transaction Proceeds to Shareholders

Business

3 years ago

Written by News Editor

Telia Company announced an agreement to sell a portion of its tower business in Norway and Finland to Brookfield and Alecta, a transaction that was completed on December 29, 2021. The tower assets are placed in Telia Towers AB which is 51 percent owned by Telia Company with the remaining 49 percent owned by Brookfield and Alecta. The strategic partnership…

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