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Software Platform Company Dynatrace Files for Initial Public Offering With NYSE Stock Listing

by Dorian Holden | Jul 5, 2019 | Business

Dynatrace, a software intelligence platform company that’s owned by private-equity firm Thoma Bravo, filed a prospectus with US regulators for an initial public offering on Friday. The Waltham, Mass.-based company didn’t say how many shares it would offer,...

Amazon Reportedly Seeks FCC Permission to Launch 3,236 Satellites for Broadband Services Project

by Dorian Holden | Jul 5, 2019 | Business, Technology

Amazon (AMZN) has filed a request to the US Federal Communications Commission seeking permission to launch 3,236 communications satellites, media reports said Friday, citing a July 4 filing. The request is for the company’s Kuiper project, which is focused on...

T-Mobile US May Auction Boost if Deal with Dish Falls Through

by Dorian Holden | Jun 20, 2019 | Breaking, Business

T-Mobile US (TMUS) is preparing an alternative plan if a deal to sell wireless assets to Dish Network (DISH) falls through, according to Reuters, citing sources familiar with the situation. Its investment bank, Goldman Sachs, reportedly has told prospective buyers as...

Bank of Japan Keep Rates Steady, Cites Global Economic Risks

by Dorian Holden | Jun 20, 2019 | Business, Daily

Bank of Japan (BOJ), the country’s central bank, kept its much-watched benchmark rate unchanged at a negative level during a policy meeting, but cited growing risks that threaten the global economy. In a decision published on the BOJ website Thursday, majority...

JD.com, Alibaba Group Note Record Sales During Mid-Year Shopping Festival

by Dorian Holden | Jun 20, 2019 | Breaking, Business, Daily, News, Technology

e-Commerce platform JD.com (JD) registered CNY201.5 billion ($31.53 billion) worth of orders during the annual online 6.18 Mid-Year Shopping Festival, marking a year-over-year rise of 26.6%, Caixin Global reported. Separately, JD’s peer, Alibaba Group (BABA),...

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