Category: bid
-
California rejects AT&T bid to stop offering landline service in some areas By Reuters
•
Written by David Shepardson (Reuters) – California has rejected AT&T’s (NYSE:) attempt to stop offering landline telephone and other services as a “carrier of last resort,” a government agency said on Thursday. Marin County said AT&T’s order filed in March 2023 would have ended services to more than 580,000 eligible…
-
US Supreme Court to hear Nvidia bid to scuttle shareholder lawsuit By Reuters
•
Written by John Crozel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to hear a request from Nvidia Inc (NASDAQ:) to thwart a securities fraud lawsuit accusing the artificial intelligence chip maker of misleading investors about how much of its sales went into the volatile cryptocurrency industry. The…
-
Exclusive-Apollo, Kyndryl in bid for DXC Technology, sources say By Reuters
•
Written by Greg Roumeliotis and Milana Finn (Reuters) – Acquisition company Apollo Global and Kendrell Holdings, an information technology services provider that has been spun off… IBM (NYSE:) is in talks about a joint bid for DXC Technology (NYSE:), people familiar with the matter said Monday. Apollo and Kendrell discussed…
-
Dollar ascendant as surging US yields spur safety bid By Reuters
•
Written by Kevin Buckland TOKYO (Reuters) – The dollar rose to a two-week high against its major counterparts on Thursday, as a decline in Treasuries improved the currency’s appeal due to rising U.S. yields and demand for safe-haven assets. The dollar surged to a two-week high against the euro and…
-
OKX Bows Out of Hong Kong, Withdraws VASP License Bid
•
To comply with regulatory requirements, OKX said it will discontinue centralized cryptocurrency trading services for Hong Kong residents effective May 31, 2024. OKX attributed the decision to withdraw the Virtual Asset Service Provider (VASP) license application to “careful consideration” of its business strategy. However, the exchange did not provide further…
-
Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports By Reuters
•
(Reuters) – Sony (NYSE:) Pictures Entertainment and Apollo Global Management (NYSE:) have signed nondisclosure agreements allowing them to look at Paramount’s books ahead of a potential bid to buy the movie studio’s assets, the New York Times reported Friday, citing people familiar with the material. The newspaper said that the…
-
Sony, Apollo await response to $26 billion Paramount bid By Reuters
•
By Don Chmielewski (Reuters) – Sony Pictures Entertainment and private equity firm Apollo Global Management (NYSE:) on Wednesday made a $26 billion offer for Paramount Global but had not yet heard back as of Friday, according to a person familiar with the matter. A special committee of Paramount’s board of…
-
Int’l cos reluctant to bid for new TA light rail tenders
•
Exactly one year ago, the NTA Metropolitan Mass Transit System published a multi-billion-shekel tender to operate the green and purple light rail lines in the Tel Aviv metropolitan area, which should start before the end of the decade. The tender required cooperation between Israeli and foreign companies and there was…
-
Stablecoin Tether steps up monitoring in bid to combat illicit finance By Reuters
•
Written by Elizabeth Howcroft LONDON (Reuters) – The world’s largest stablecoin has stepped up monitoring of how its tokens are used in the broader cryptocurrency and payments markets in a bid to combat illicit financing, Tether said in a statement on Thursday. Tether, a cryptocurrency pegged to the US dollar,…