The Japanese tech giant will part with its near 45% stake in the enterprise software company. …read more Source:: Open Source S
Tag: billion
Snowflake files for IPO, has minimum cloud purchase commitments of $1.2 billion through 2025
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•Snowflake gives some insights to how it pays for cloud infrastructure. …read more Source:: Open Source S
Adevinta acquires eBay’s Classifieds business for $9.2 billion
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•The combined company will have a classifieds market presence in 20 countries. …read more Source:: Open Source S
EU General Court overturns Apple’s €13 billion Irish tax bill
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•The ruling from Europe’s second highest court finds the deal Apple had with Irish tax authorities was not illegal, as argued by the European Commission. …read more Source:: Open Source S
BP pays $1 billion to Jio for joint venture as telco sells sliver to Qualcomm
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•Petrochemical giants team up to create a joint venture focusing on fuels and mobility. …read more Source:: Open Source S
Australian government pledges 10-year, AU$1.35 billion cyber kitty
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•AU$470 million will be used to create 500 cyber-related jobs within the Australian Signals Directorate. …read more Source:: Open Source S
Amazon to launch $2 billion fund to invest in sustainable technology
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•The Climate Pledge Fund is named after Amazon’s pledge to be net-zero carbon by 2040. …read more Source:: Open Source S
Canva valuation hits new $6 billion high after closing $60 million funding round
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•The company has also announced it is expanding its presence in the US. …read more Source:: Open Source S
NBN lines up AU$6.1 billion in bank credit
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•Although it initially wanted AU$2 billion, Australia’s broadband wholesaler walked away with a AU$6.1 billion line of credit. …read more Source:: Open Source S
SAP Australia stuck in the red for another year despite earning over AU$1 billion
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•The company earned AU$1.19 billion in revenue in 2019. …read more Source:: Open Source S