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The Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) have announced the signing of definitive agreements, with PIF set to acquire a 51 percent stake in Telecommunication Towers Company Limited (TAWAL) from stc Group.
WeWork, the office-sharing firm, submitted a Chapter 11 bankruptcy protection request in a federal court in New Jersey. The company stated that it had reached agreements with the majority of its secured note holders and outlined intentions to cut back on “non-operational” leases. The bankruptcy filing pertains exclusively to WeWork’s locations in the United States and Canada. In their initial submission, WeWork revealed debts totaling $18.65B in contrast to total assets amounting to $15.06B.
On Friday, Apple valuation and market capitalization crossed the $3 trillion mark, solidifying its position…
MoEngage, the insights-driven customer engagement platform, has announced strategic expansion plans in the Middle East…
Valuation places the digital payment services provider among the world’s most valuable start-ups. UK digital payment…
Food and grocery deliveries will still form the majority of the sector, but segments such…
Founded by Byju Raveendran, it has already become one of the most recognizable brands in…
Software giant’s steep decline leads other internet and tech stocks as US Federal Reserve meeting…