Innovation

Why Honeywell (HON) Is Buying US Digital Designs

By Noah Long ● Dec 14, 2021

Honeywell (Nasdaq: HON) announced it has agreed to acquire privately-held US Digital Designs. These are the details.

Intel (INTC) Spending $7 Billion For New Chip Packaging Facility In Malaysia

By Annie Baker ● Dec 14, 2021

Intel Corporation (NASDAQ: INTC) is planning to spend $7 billion on a new chip packaging facility in Malaysia. These are the details.

Johnson & Johnson (JNJ) Splitting Into Two Publicly Traded Companies

By Amit Chowdhry ● Nov 12, 2021

Johnson & Johnson (NYSE: JNJ) announced its intent to separate the company's Consumer Health business, creating a new publicly traded company. These are the details.

Peloton (PTON) Announces Peloton Guide For Connecting To TVs

By Annie Baker ● Nov 10, 2021

Peloton (NASDAQ: PTON) has announced its first connected strength product called the Peloton Guide. These are the details.

Why Lemonade (LMND) Is Buying Metromile (MILE) For About $500 Million

By Annie Baker ● Nov 9, 2021

Lemonade (NYSE: LMND) and Metromile (NASDAQ: MILE) recently announced they entered into a definitive agreement pursuant to which Lemonade will acquire Metromile. These are the details.

Alliance Data Systems (ADS) Completes The Spinoff Of LoyaltyOne

By Amit Chowdhry ● Nov 8, 2021

Alliance Data Systems Corporation announced it has completed the previously announced separation of its LoyaltyOne segment. These are the details.

Dell Completes Spin-Off Of 81% Equity Ownership Of VMware

By Noah Long ● Nov 2, 2021

Dell Technologies (NYSE: DELL) announced it has completed the spin-off of its 81% equity ownership of VMware. These are the details.

Thomas H. Lee Partners: $5.6 Billion Flagship Private Equity Fund

By Amit Chowdhry ● Oct 11, 2021

Thomas H. Lee Partners, L.P. - a premier private equity firm investing in middle-market growth companies - announced the successful final close of its ninth flagship fund at a hard cap of $5.6 billion. These are the details.

Digital Financial Services Company Platform Buckle Raises $60 Million In Series B

By Annie Baker ● Oct 9, 2021

Buckle — an inclusive tech-enabled financial services company — has disclosed it raised $60 million through a Series B funding. These are the details.Buckle — an inclusive tech-enabled financial services company — has disclosed it raised $60 million through a Series B funding. These are the details.

Rocket Lab (RKLB) To Launch NASA’s Advanced Composite Solar Sail System

By Noah Long ● Oct 9, 2021

Rocket Lab USA, Inc. (Nasdaq: RKLB) announced recently it has been selected to launch NASA’s Advanced Composite Solar Sail System, or ACS3, on the Electron launch vehicle. These are the details.

Bank of America (BAC) Ups US Minimum Hourly Wage To $21

By Annie Baker ● Oct 9, 2021

Bank of America Corp (NYSE: BAC) announced this week that it has raised its U.S. minimum hourly wage to $21. These are the details.

Walmart (WMT) Commits To 15% Plastic Reduction

By Amit Chowdhry ● Oct 6, 2021

Walmart Inc (NYSE: WMT) agreed at its sustainability milestone summit to reduce total virgin plastic use by 15%. These are the details.

Starfish Space Secures $7 Million In Funding

By Annie Baker ● Oct 4, 2021

Starfish Space, a satellite servicing company, announced recently it raised $7 million. These are the details.

Customer Success Company Totango Raises $100 Million

By Dan Anderson ● Oct 4, 2021

Totango, a customer success leader in leveraging data for orchestrating and transforming revenue experiences, announced it raised $100 million. These are the details.

Gilead (GILD) Company Kite Gains FDA Approval For Tecartus

By Dan Anderson ● Oct 2, 2021

Kite — a Gilead Company (Nasdaq: GILD) — announced a major FDA approval recently. These are the details.

Inari Medical (NARI) Appoints Dana Mead, Jr. To Its Board

By Annie Baker ● Oct 2, 2021

Inari Medical, Inc. (NASDAQ: NARI) announced it has added Dana G. Mead, Jr. to its board of directors. These are the details.

veda Raises $45 Million In Series B Funding

By Dan Anderson ● Aug 6, 2021

veda announced it closed $45 million in Series B funding. These are the details.

Coinbase Partnering With ForUsAll To Bring Cryptocurrencies To 401(k) Plans

By Amit Chowdhry ● Jun 10, 2021

Coinbase Global is partnering with 401(k) provider ForUsAll to enable workers in plans that it administers to invest up to 5% of their contributions in various cryptocurrencies. These are the details.

El Salvador Plans To Mine Bitcoin With Energy From Volcanoes

By Amit Chowdhry ● Jun 10, 2021

The country of El Salvador started exploring bitcoin mining using energy from volcanoes. These are the details.

Sheetz To Accept Bitcoin, Dogecoin, Ether, Litecoin, And Other Cryptocurrencies

By Amit Chowdhry ● May 29, 2021

Sheetz is going to become the first major restaurant and convenience chain to accept cryptocurrencies. These are the details.

Purdue University-Affiliated Startup Explore Interactive Expanding Through Partnership

By Amit Chowdhry ● May 29, 2021

Explore Interactive, a Purdue University-affiliated startup that markets augmented reality-powered and gamified learning sets, announced it partnered with PASCO Scientific to distribute its MindLabs product around the globe.

Why Accenture (ACN) Is Buying Homburg & Partner

By Amit Chowdhry ● May 22, 2021

Accenture (NYSE: ACN) recently announced it has acquired Homburg & Partner. These are the details.

Unisys (UIS) Names Teresa Poggenpohl As Chief Marketing Officer

By Amit Chowdhry ● May 18, 2021

Unisys Corporation (NYSE: UIS) announced that Teresa Poggenpohl has joined the company as chief marketing officer and senior vice president, Marketing and Communications. These are the details.

Corporate FinTech Company FinLync Raises $16 Million

By Amit Chowdhry ● May 17, 2021

FinLync, a fintech company transforming corporate finance and treasury offices through its renowned products, announced recently that it has closed on a $16 million equity funding round. These are the details.

AT&T’s WarnerMedia Combining With Discovery In $43 Billion Deal