Tag Archives: Deals

Deserve offers a set of modern services, including setting up the credit card via mobile app in minutes, sending money with unique fees, participating in cashback programs, and much more. Currently, the platform is used by more than 100,000 customers. With the help of Machine Learning, it aims to make the service better and attract people from all over the United States.During the venture funding round, Deserve received $50 million in investments to enhance its services. The money will come...

Apple has reportedly partnered with the U.S. game developer Valve in order to develop its long-awaited and thoroughly spoken off, AR headset, which is expected to be launched next year.DigiTimes reports:“Apple went into this partnership with Valve to develop AR head-mounted display devices, which may be released in the second half of 2020 at the earliest, with Taiwan’s ODMs Quanta Computer and Pegatron said to handle the assembly job, according to industry sources.”Valve is best known as the...

Google’s parent company Alphabet has revealed that it will be purchasing popular wearables giant and smartwatch maker Fitbit, in a deal that will be closed soon. Worth $2.1 billion, many analysts agree that this deal has all the makings of a blow-up and could very seriously cement Google’s position as a strong contender in the smartwatch market, a market already largely dominated by Apple. While this is very interesting and important news, the market is starting to wonder whether or not...

Spanish bank Banco Santander SA on Monday announced it is acquiring a major stake in the British payments platform Ebury. The price of this acquisition is, according to the announcement, £350 million ($453 million).Proud to announce that @bancosantander has bought a majority stake in Ebury! ? https://t.co/3F8Zisjz1u pic.twitter.com/15GC4O05A8— Ebury (@EburyUK) November 4, 2019Santander is buying 50.1 percent of Ebury’s stake, which makes it a stakeholder having a controlling vote.  This...

Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...

About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...

Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....