LONDON, Dec. 20, 2023 /PRNewswire/ — BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce a key hire to its global Finance and Operations team. The Emerging Markets investment bank has appointed Neil Harrison as its Chief Finance…
Category: Finanace
Peacock Is Raising Prices
Peacock is raising its prices, its first such raise since the streaming service debuted two years ago. Peacock is NBCUniversal’s streaming service, serving up a wealth of content. The service offers three separate plans. Both the Free and Premium plans are…
Amazon Earnings Out, Sales up 22%
Amazon just announced its earnings for Q4 with sales up 22% to $35.7 billion. Operating cash flow was up 74% to $11.9 billion over the year with free cash flow up to $7.3 billion. EPS was $1, which was significantly…
US Government Announces $5 Billion EV Charging Network Fund
The US Department of Transportation and the Department of Energy have announced a $5 billion fund to assist states in creating an electric vehicle (EV) charging network. The US is working to speed up EV adoption, but range anxiety is…
PayPal and Fiserv Bringing Direct Deposit to PayPal and Venmo Accounts
Gig workers, and others who rely on PayPal, will be able to have payments direct deposited thanks to a partnership between PayPal and Fiserv. PayPal is one of the most popular options for many gig workers and small business owners…
PayPal May Buy Pinterest In a Deal Worth $45 Billion
PayPal may be looking to buy Pinterest in a deal that could be worth $45 billion, one of the company’s biggest acquisitions. According to The Seattle Times, PayPal has offered Pinterest $70 per share, which represents a 25% premium over Pinterest’s…
Salesforce Economy to Create 9.3 Million Jobs, $1.6 Trillion in Revenue by 2026
A new report is demonstrating the breadth of the current digital transformation, claiming the Salesforce economy will create 9.3 million jobs and $1.6 trillion in revenue in the next five years. Salesforce is the leading CRM provider in the world,…
Google Investing $1.2 Billion in Its German Cloud Infrastructure
Google is investing $1.2 billion to expand its cloud infrastructure in Germany, and has committed to using more renewable energy. Google is currently the number three cloud provider worldwide, but CEO Thomas Kurian has made it his goal to take…
Zoom Acquiring Five9 for $14.7 Billion
Zoom announced it is acquiring Five9, a leading intelligent cloud contact center provider, for approximately $14.7 billion. Zoom has been rapidly improving its product and services, building on the success of its pandemic-fueled gains. Prior to the pandemic, the company’s…
Reports: Amazon Deal To Buy MGM Studios For $9 Billion Nearly Done
According to numerous reports Amazon is very close to a deal to buy MGM Studios and its film library for nearly $9 billion with debt. This would significantly alter the streaming wars and give Amazon a huge base of over…