The new deals represent Newgioco’s continued growth in the U.S. regulated sports betting market. NASDAQ listing should improve visibility and liquidity. Recent merger pegs Newgioco’s value at over $300 million on a comparative basis. [more]
Uber and Lyft, the two largest ride-sharing companies competing to be the leader in the global markets, just released their Q4/2019 earnings and guidance for 2020. In 2019, Uber had quarterly net loss of US$1.1B and annual loss of US$8.5B; Lyft had quarterly net loss of US$356M and annual loss of US$2.6B. Both plan to be EBITDA positive by the end of 2020. [more]
Alibaba, Amazon, Google, IBM, Microsoft and Oracle are all fighting for a pie of an industry growing at over 20% per year & estimated to be almost $75B by 2022. [more]
On February 5, 2020, the Empire Club of Canada hosted a panel discussion with guest panelists including Cole Diamond, Fatema Pirone, and Richard Carlton. [more]
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
As major industries get disrupted by start-ups that leverage technology, acquisitions have become a key method for many mature companies to continue leading their respective markets. [more]
The healthcare industry has a strong need for improved workflow efficiency, better equipment, and more efficient administration standards. [more]
The 5th generation (“5G”) wireless network has been highly anticipated with its promise for reducing congestion in networks while increasing data speed significantly. [more]
With the completed acquisitions, the combined company will have over 300 employees and a run rate Revenue of US$42 million and EBITDA of US$5.9 million. [more]
From the Consumer Electronics Show in Las Vegas – AI assistants are becoming connected to various home products while drones are starting to be used for security applications and situations too dangerous for humans. [more]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes