GVC buys online rival Ladbrokes Coral
Gambling giant Ladbrokes Coral has agreed to be bought by online rival GVC in a deal worth up to £4bn. …
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Keen IO, Sequoia-backed data start-up acquired by Scaleworks
Scaleworks, a Texas private equity firm focusing on software start-ups, has acquired Keen IO, a start-up with data analytics software aimed …
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Amazon buys smart-home start-up Blink, deepening its rivalry with Google
Amazon’s Alexa is getting more powerful by the day. On Friday, smart home start-up Blink said it agreed to be acquired …
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BMW electric cars hit one hundred thousand sales target
BMW said on Monday it had hit its target of selling 100,000 electric cars this year around the world, benefiting from …
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Import prices in the US surge in November
U.S. import prices surged in November amid an increase in the cost of imported petroleum products, leading to the largest …
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BlackBerry’s 3rd quarter revenue beats expectations despite falling almost 25%
Canadian software maker BlackBerry reported third-quarter results on Wednesday that beat analysts’ forecasts, helped by an increase in business software sales and …
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After raising more cash, China’s Didi said to be worth $56B
China’s homegrown answer to Uber is about to become the world’s most valuable startup. Didi Chuxing, the ride hailing company …
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Barney Harford joins as Uber as Chief Operating Officer
After a long search, Uber has finally named a chief operating officer. Barney Harford, former CEO of Orbitz, will join …
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Facebook and Google extend their lead in online ads
Facebook and Google’s dominance in online advertising continues to swell. New data suggests that the two tech giants accounted for 73% of all …
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Kindred Healthcare bought for $4 billion by private equity firm Humana
U.S. health insurer Humana and two private-equity firms agreed to buy home health-care and long-term care operator Kindred Healthcare on Tuesday for about $4 …
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