updated - October 22, 2019 Tuesday EDT
Palantir Technologies, a provider of powerful data analysis tools for government and business, has raised another $880 million in its latest round of funding, people familiar with the matter told The New York Times.
The Central Commission for Discipline Inspection, the Communist Party’s anti-graft body, is targeting Chang Xiaobing, the chairman of China Telecom Corp., for investigation, according to a report from Bloomberg.
Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.
Franklin Circuit Judge Thomas Wingate has ordered Amaya Inc., the parent company of PokerStars.com, to pay Kentucky $870 million for “calculating that breaking the law was good for business,” according to a report from The Washington Times. Amaya will be appealing the ruling and will avail itself of any and all remedies available to it.
Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.
Hyatt Hotels Corporation has announced in a press release that it recently identified malware on computers that operate the payment processing systems for locations managed by Hyatt. The company has launched an investigation and engaged with a leading third-party cyber security experts as soon as they discovered the activity.
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