North America - CybAI news

15 Aug

Turkish Fintech Colendi Raises Funds at $700 Million Valuation

stp2y0 CommentsRAG modelsBanking, FINBERG, fintech, MIGROS TICARET A.S, North America, RE-PIE ASSET MANAGEMENT CO, SEPIL VENTURES, startups, Technology, turkey, Valuation

Turkey’s fintech startup Colendi raised $65 million in fresh funding from a group of investors including Citicorp North America Inc. at a valuation of $700 million.Apart from Citicorp, Migros Ticaret AS, Sepil Ventures, Re-Pie Asset Management, Finberg and Hedef Holding participated in the Series B round, according to Bulent Tekmen, co-founder and chief executive office of Colendi, formally known as Colendi Yapay Zeka ve Buyuk Veri Teknoloji Hizmetleri AS. Existing investors also took part in the round, he said. Source link lol

15 Aug

Mobile Networks Market Sees ‘Glimmer of Hope’ After Long Decline

stp2y0 CommentsRAG models5G Network, Asia, china, cities, DELL TECHNOLOGIES -C, ERICSSON LM-B SHS, india, NOKIA OYJ, North America, Radio, Technology

The years-long decline in demand for radio access networks that has battered sales at mobile equipment makers Ericsson AB and Nokia Oyj is showing signs of stabilization, according to a report from Dell’Oro Group Inc.Three of the six regions tracked by Dell’Oro showed signs of growth in the second quarter, compared to one region in the prior period, said the Redwood City, California-based telecom research company, whose reports are widely watched by the industry. Source link lol

15 Aug

Adyen’s Net Revenue Beats Estimates After Winning New Clients

stp2y0 CommentsRAG modelsADYEN NV, E-commerce, europe, finance, Netherlands, North America, Technology

Adyen NV’s net revenue beat estimates in the first half of the year as it added new customers and existing merchants processed more transactions through the Dutch payments company.Adyen, which handles e-commerce payments for large enterprises and through point-of-sale terminals in physical stores, said net revenue increased 24% from a year earlier to €913.4 million ($1 billion) for the six months through June. That compares with an average estimate of €908.9 million in a Bloomberg survey of analysts. Source link lol

09 Aug

Bridgepoint Said to Explore Takeover Bid for Software Firm Esker

stp2y0 CommentsRAG modelsAsia, BRIDGEPOINT GROUP, business, deals, ESKER SA, europe, industries, IPOs, Latin America, North America, Private Equity, software, Technology, United Kingdom

Bridgepoint Group Plc is considering a bid to take over Paris-listed software provider Esker SA, according to people familiar with the matter.The UK private equity firm has been working with advisers on a potential offer, the people said. Deliberations are ongoing and may not result in a transaction, said the people, who asked not to be identified as the information is private. Source link lol

06 Aug

Amazon’s India Country Chief Is Stepping Down in October

stp2y0 CommentsRAG modelsAMAZON.COM INC, Asia, Dhiraj Singh, E-commerce, Emerging Markets, india, Jeff Bezos, Manish Tiwary, North America, retail, Technology

Amazon.com Inc.’s India chief is leaving “to pursue an opportunity outside of the company,” the e-commerce giant said. Manish Tiwary will depart in October, a spokesperson said in an emailed statement that didn’t name a successor. Amit Agarwal, who led Amazon’s initial push into India and now runs the company’s emerging economies initiative, “will remain closely involved with the Amazon team,” the Seattle-based company said on Tuesday. Source link lol

05 Aug

PrizePicks Fantasy Sports Names Blizzard Alum Ybarra as CEO

stp2y0 CommentsRAG modelsactivision blizzard, Americas, Culture, finance, MICROSOFT CORP, Mike Ybarra, MOELIS & CO - CLASS A, North America, Software Company, sports, Technology

PrizePicks, a fantasy sports company, named former Activision Blizzard executive Mike Ybarra as chief executive officer, succeeding co-founder Adam Wexler.The company, which bills itself as the largest daily fantasy sports operator in North America, said in a statement Monday that the appointment is effective immediately. Wexler will become executive chairman. Source link lol