Enterprise

MongoDB (MDB) Names Harsha Jalihal As Chief People Officer

By Amit Chowdhry ● Aug 3, 2020

MongoDB Inc (NASDAQ: MDB) announced the appointment of Harsha Jalihal as Chief People Officer.

Why Globant (GLOB) Is Buying gA

By Amit Chowdhry ● Aug 3, 2020

Digitally native technology services company Globant (NYSE: GLOB) announced it has acquired gA. These are the details about the deal.

Zoom Video Communications (ZM) Halting Direct Sales Of Products In China

By Amit Chowdhry ● Aug 3, 2020

Video conferencing app Zoom Video Communications Inc (NASDAQ: ZM) has decided to halt direct sales in China. These are the details.

Lear (LEA) And Gentherm (THRM) Unveil New Intelligent Thermal Comfort Seating Solution

By Annie Baker ● Aug 3, 2020

Lear Corporation (NYSE: LEA) -- a global automotive technology leader in Seating and E-Systems -- announced it is introducing a new solution in intelligent seating called INTU Thermal Comfort with ClimateSense technology in collaboration with Gentherm Inc (NASDAQ: THRM).

Equifax (EFX) Launches New COVID-19 Response RECOVERY Solution Suite

By Noah Long ● Aug 3, 2020

Today Equifax Inc. (NYSE: EFX) announced the availability of a new Response RECOVERY solution suite. These are the details.

DISH Network Signs Noteworthy Partnership With Tucows (DISH, TCX)

By Dan Anderson ● Aug 3, 2020

DISH Network Corp (NASDAQ: DISH) and Tucows Inc. (NASDAQ: TCX, TSX: TC) announced that DISH has selected Tucows as a technology partner for its retail wireless business.

7-Eleven Parent Is Buying Marathon Petroleum’s Speedway In Massive $21 Billion Deal (MPC, SVNDY)

By Amit Chowdhry ● Aug 3, 2020

Seven & i Holdings Co., Ltd. (OTCMKTS: SVNDY) announced it is buying Speedway gas stations from Marathon Petroleum Corp (NYSE: MPC) for $21 billion.

Tailored Brands Inc (TLRD): Men’s Wearhouse And Jos. A. Bank Parent Files For Bankruptcy

By Dan Anderson ● Aug 3, 2020

Tailored Brands Inc (NYSE: TLRD) — the parent company of Men’s Wearhouse and Jos. A. Bank — has filed for bankruptcy protection.

Apple (AAPL) Acquisition Could Radically Disrupt The Mobile Payments Market

By Amit Chowdhry ● Aug 2, 2020

Apple Inc. (NASDAQ: AAPL) has acquired Mobeewave, which is a company that developed technology enabling shoppers to tap a credit card on another device for processing a payment.

Domino’s Pizza, Inc. (DPZ) Promotes Art D’Elia To Chief Marketing Officer

By Amit Chowdhry ● Aug 2, 2020

This past week, Domino's Pizza, Inc. (NYSE: DPZ) announced it has promoted Art D’Elia as the company’s chief marketing officer.

DarioHealth (DRIO): $28.6 Million Private Placement Closed With Accredited Investors

By Noah Long ● Aug 2, 2020

DarioHealth Corp (NASDAQ: DRIO) -- a pioneer in the global digital therapeutics market -- announced that it has closed a private placement transaction with accredited investors totaling aggregate gross proceeds of about $28.6 million.

General Motors and EVgo Partnering To Triple Fast Charging Network

By Amit Chowdhry ● Aug 2, 2020

General Motors Company (NYSE: GM) and EVgo announced a partnership with a goal of tripling the size of the nation’s largest public fast-charging network.

Sanofi And GlaxoSmithKline Sign $2.1 Billion Vaccine Deal With U.S. Government

By Dan Anderson ● Aug 2, 2020

The U.S. government has committed to paying as much as $2.1 billion to COVID-19 vaccine partners Sanofi SA (NASDAQ: SNY) and GlaxoSmithKline plc (NYSE: GSK).

Porch.com Combining With SPAC Company PropTech Acquisition Corp (PTAC) To Go Public

By Amit Chowdhry ● Aug 1, 2020

Special purpose acquisition company PropTech Acquisition Corp (NASDAQ: PTAC) and Porch.com entered into a definitive agreement which would result in Porch becoming a publicly listed company.

Rambus (RMBS): Greg Lang Joins The Board

By Amit Chowdhry ● Jul 31, 2020

Rambus Inc. (NASDAQ: RMBS) — a premier silicon IP and chip provider that is dedicated to delivering data faster and safer — announced the appointment of Greg Lang to its board of directors.

Redfin (RDFN) CEO Glenn Kelman: Company Is Hiring Agents And Closing Specialists At ‘Breakneck Speed’

By Amit Chowdhry ● Jul 31, 2020

Redfin Corp (NASDAQ: RDFN) recently announced the financial results for the second quarter ended June 30, 2020, on a GAAP basis. These are the details.

Microsoft (MSFT) Reportedly Considering A Deal To Buy TikTok In The U.S. [Update]

By Amit Chowdhry ● Jul 31, 2020

Microsoft Corporation (NASDAQ: MSFT) is reportedly in discussions to buy TikTok in the U.S. These are the details.

Globant (GLOB) Launches Continuity Studio

By Annie Baker ● Jul 31, 2020

Technology services company Globant SA (NYSE: GLOB) has announced the launch of the Continuity Studio product in order to help businesses face new challenges caused by the pandemic.

Why Atlassian (TEAM) Is Buying Mindville

By Amit Chowdhry ● Jul 31, 2020

Atlassian Corporation (NASDAQ: TEAM) has announced that it is buying Mindville — which is a Jira-focused enterprise asset management company.

Rakuten (RKUNY): Cash Back Rewards To Continue, But U.S. Online Retail Store (Previously Buy.com) Shutting Down

By Dan Anderson ● Jul 31, 2020

Japanese e-commerce company Rakuten Inc (OTCMKTS: RKUNY) has decided to shut down its U.S. online retail store operations (previously known as Buy.com).

Paypal Holdings (PYPL) And CVS Health Sign Major Partnership

By Amit Chowdhry ● Jul 31, 2020

Paypal Holdings Inc (NASDAQ: PYPL) And CVS Health Corp (NYSE: CVS) have announced that CVS Pharmacy will be the first national retailer to integrate PayPal and Venmo QR code technology within its checkout experience.

UPS Stock Surges Due To Strong Consumer Demand

By Amit Chowdhry ● Jul 31, 2020

The shares of United Parcel Service, Inc. (NYSE: UPS) surged over 14% on Thursday following better-than-expected second quarter results.

Nuance (NUAN) And Cerner (CERN) Sign High-Tech Strategic Voice AI Collaboration Deal

By Dan Anderson ● Jul 31, 2020

Nuance Communications Inc. (NASDAQ: NUAN) and Cerner Corporation (NASDAQ: CERN) announced that they have expanded on their long-standing AI collaboration.

Alan Patricof And Abby Levy Launch Primetime Partners

By Amit Chowdhry ● Jul 30, 2020

Wellness executive and founder Abby Levy and iconic investor and Alan Patricof have announced the launch of Primetime Partners.

Wyze Labs Secures $15 Million

By Amit Chowdhry ● Jul 30, 2020

Wyze Labs, Inc. announced it has closed $15 million in financing led by Norwest Venture Partners.

Sema4: $121 Million Funding And Valuation Of Over $1 Billion

By Noah Long ● Jul 30, 2020

Sema4 — a patient-centered health intelligence company — announced that funds managed by BlackRock led its oversubscribed Series C financing of $121 million.

TransferWise Completes $319 Million Secondary Share At $5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

TransferWise — a London-based money transfer company — announced that it has raised $319 million in secondary share at a valuation of $5 billion

Remitly: $85 Million Funding And $1.5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

Remitly — a mobile-first provider of remittances and financial services for immigrants — announced an $85 million funding round.

Cloud Access Risk Security Company Ermetic Raises $17 Million

By Dan Anderson ● Jul 29, 2020

Ermetic — a cloud access risk security company — announced that it has raised a $17.25 million Series A round of financing led by Accel.

Field Service Management Company KloudGin Secures $8.2 Million

By Annie Baker ● Jul 29, 2020

KloudGin — the leading provider of AI cloud-based field service and asset management solutions — announced that it has raised $8.2 million in Series A funding.