Enterprise

Coupa Software Inc (COUP) Closes Gross Proceeds Of $1.38 Billion In Senior Notes Offering

By Dan Anderson ● Jun 18, 2020

Coupa Software Inc (NASDAQ: COUP) recently announced that it closed its offering of convertible senior notes due 2026 for gross proceeds of $1.38 billion.

Accenture (ACN): Sentelis Acquisition And $341 Million Commerce Department Contract

By Amit Chowdhry ● Jun 17, 2020

Accenture Plc (NYSE: ACN) has announced it has acquired Sentelis and Accenture Federal Services (AFS) unveiled it won a $341 million Department of Commerce contract.

Facebook Launches New Features For Portal

By Dan Anderson ● Jun 17, 2020

Facebook has announced that it has launched several new features for the Portal line of devices.

Target (TGT) Increasing Minimum Wage To $15 Per Hour For Employees

By Noah Long ● Jun 17, 2020

Target Corporation (NYSE: TGT) announced it is permanently raising its starting wage for its store, distribution, and headquarter employees to $15 an hour starting July 5.

SoftBank (SFTBY) Reportedly Selling Two-Thirds Of T-Mobile (TMUS) Stake For About $20 Billion

By Annie Baker ● Jun 17, 2020

SoftBank Group Corp (OTCMKTS: SFTBY) is reportedly planning to sell two-thirds of its T-Mobile Us Inc (NASDAQ: TMUS) stake in a deal valued at about $20 billion.

CVS Health Partners With DoorDash For Same-Day Grocery Delivery

By Noah Long ● Jun 17, 2020

CVS Health Corp (NYSE: CVS) announced it partnered with DoorDash for same-day delivery of groceries, food, and non-prescription items.

Why Square (SQ) Is Buying Verse

By Amit Chowdhry ● Jun 17, 2020

Financial services company Square Inc (NYSE: SQ) announced that it is buying Verse, which is a Spanish peer-to-peer payments app.

Walmart (WMT) Starts Testing Self-Checkout Only Store

By Amit Chowdhry ● Jun 16, 2020

Walmart Inc (NYSE: WMT) has decided to start testing out a shopping experience due to the global health crisis caused by the coronavirus pandemic.

iRobot Corporation (IRBT) Experiences Stronger-Than-Expected Orders

By Amit Chowdhry ● Jun 16, 2020

Consumer robot company iRobot Corporation (NASDAQ: IRBT) provided an update on its operations with stronger-than-expected orders.

How Honeywell (HON) Is Going To Advance Unmanned Aerial Systems And Urban Air Mobility Technologies

By Amit Chowdhry ● Jun 16, 2020

Honeywell International Inc. (NYSE: HON) announced recently that it formed a new business unit that is dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries.

Blackstone Group (BX) To Invest $337 Million In Medtronic For Future Diabetes Technologies

By Dan Anderson ● Jun 16, 2020

Blackstone Group Inc (NYSE: BX) announced it is investing $337 million in Medtronic plc (NYSE:MDT).

Why Coupa Software (COUP) Is Buying Treasury Management Company BELLIN Group

By Amit Chowdhry ● Jun 16, 2020

Business spend management giant Coupa Software Inc (NASDAQ: COUP) recently announced it is buying BELLIN Group. These are the details..

Goldman Sachs (GS): COVID-19 Federal Aid Commitment Increased By $250 Million

By Noah Long ● Jun 16, 2020

Goldman Sachs Group Inc (NYSE: GS) recently announced an additional $250 million has been committed to funding the federal aid program for helping companies that were negatively impacted by the COVID-19 pandemic.

Lockheed Martin (LMT) Names James Taiclet As President And CEO

By Annie Baker ● Jun 16, 2020

Lockheed Martin Corporation (NYSE: LMT) recently announced that James Taiclet is now the president and CEO of the company.

American Express (AXP) Receives Clearance For Processing Local Payments In China

By Amit Chowdhry ● Jun 15, 2020

American Express Company (NYSE: AXP) announced it is now the first foreign payment network to receive a clearing license in mainland China.

AgroFresh Solutions (AGFS): $150 Million Equity Investment Commitment From Paine Schwartz

By Dan Anderson ● Jun 15, 2020

AgroFresh Solutions Inc (NASDAQ: AGFS) announced it entered an agreement to sell $150 million of newly issued convertible preferred stock to an affiliate of Paine Schwartz Partners.

Walmart Inc (WMT) Signs Major Partnership With Shopify Inc (SHOP)

By Amit Chowdhry ● Jun 15, 2020

Retail conglomerate Walmart Inc (NYSE: WMT) and online e-commerce leader Shopify Inc (NYSE: SHOP) announced a major partnership.

Facebook (FB): WhatsApp Payment Service Rolling Out, Starting With Brazil

By Amit Chowdhry ● Jun 15, 2020

Facebook, Inc. (NASDAQ: FB) is now offering a payments service through WhatsApp.

General Electric Company (GE): John Slattery Succeeding David Joyce As Head Of Aviation

By Amit Chowdhry ● Jun 15, 2020

General Electric Company (NYSE: GE) announced that GE Aviation CEO David Joyce is retiring and will be succeeded by John Slattery.

Net Element Inc (NETE) Enters Into LOI To Merge With Mullen Technologies

By Amit Chowdhry ● Jun 15, 2020

Net Element Inc (NASDAQ: NETE) announced today that it has entered into a binding Letter of Intent (LOI) to merge with privately-held Mullen Technologies.

How Qualcomm (QCOM) Is Helping Small Businesses Convert To Mobile-First Work Environments

By Amit Chowdhry ● Jun 15, 2020

QUALCOMM, Inc. (NASDAQ: QCOM) recently announced the Qualcomm Small Business Accelerator Program. These are the details.

Intelligent Business Process Improvement Company Zeitworks Raises $4.5 Million

By Dan Anderson ● Jun 15, 2020

Zeitworks announced it has exited from stealth mode and raised $4.5 million in a seed round of funding led by Madrona Venture Group.

No-Code App Development Platform JIFFY.ai Raises $18 Million

By Noah Long ● Jun 15, 2020

Unified enterprise automation innovation company JIFFY.ai announced it has raised $18 million in funding.

Jio Platforms Raising $847 Million From TPG and L Catterton

By Annie Baker ● Jun 15, 2020

Reliance Industries has raised the equivalent of about $847 million from the sale of two stakes in its digital unit Jio Platforms. These are the details.

JD.com Worldwide: Transaction Volume Surpassed 150% YoY On JD PLUS Day

By Annie Baker ● Jun 14, 2020

JD.com Inc (NASDAQ: JD) reported that on June 8th, the transaction volume on its platform for imported brands JD Worldwide increased over 150% year-on-year on JD PLUS Day.

Zendesk (ZEN): Pricing Of Offering Of $1 Billion Of Convertible Senior Notes

By Amit Chowdhry ● Jun 14, 2020

Zendesk Inc (NYSE: ZEN) recently announced the pricing of $1 billion aggregate principal amount of Convertible Senior Notes due 2025 in a private offering

Conversational Email And Productivity Company Spike Raises $8 Million

By Amit Chowdhry ● Jun 14, 2020

Spike — an email, chat, calendar, calls, team collaboration, and tasks app — announced that it has raised $8 million in Series A funding.

Honeywell (HON) And SAP Partner On Cloud-Based Solutions

By Amit Chowdhry ● Jun 14, 2020

Honeywell International Inc. (NYSE: HON) and SAP SE (NYSE: SAP) announced they have partnered to create a joint cloud-based solution.

Real Estate Co-Investor Haus Closes $15.75 Million

By Dan Anderson ● Jun 14, 2020

Haus Services, a real estate co-investor company that is offering liquidity and affordability to homeowners, announced it has raised $15.75 million in Series A funding round.

CareAcademy Raises $9.5 Million Led By Impact America Fund

By Dan Anderson ● Jun 13, 2020

CareAcademy, a leading home care and home health workforce empowerment platform, announced it has closed $9.5 million in funding.