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A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.
Hospitality company OYO has reportedly raised investment from Microsoft at a valuation of USD 9 billion, according to a subject matter expert. The details of the funding round are yet to be confirmed. However, the final closure is likely to be execu...
Read More >>McDonald’s recently beat Wall Street’s estimates for its sales and profit as restaurants reopened despite a shortage of workforce and customers lined up to get their hands on a special meal inspired by the world-famous South Korean pop ba...
Read More >>German auto manufacturer, Volkswagen Group is reportedly in talks to purchase France-based car rental company, Europcar Mobility Group, in a deal that values the company at USD 3 billion. Europcar has been considering a potential offer at USD 0.59 p...
Read More >>Content-centric platform Bamboo Works has officially established itself as a premium business news provider by launching thebambooworks.com. The new platform will primarily be focusing on Chinese firms listed overseas, further bridging the gap with t...
Read More >>San Francisco-based passwordless authentication technology firm, Magic, has reportedly announced securing USD 27 million in Series A funding round led by Northzone. It has been reported that the first tranche was further headed by the participation f...
Read More >>Robinhood Markets Inc recently revealed that it is seeking a valuation of up to USD 35 billion during its IPO (initial public offering) in the U.S., preparing the ground for one of the most awaited stock market listings this year. The company was pr...
Read More >>Prenetics, a Hong Kong-based biotech firm, is gearing up towards merging with Artisan Acquisition, a SPAC (special purpose acquisition company) in a deal that would value the novel entity at more than $1.3 billion. The transaction is anticipated to c...
Read More >>American multinational vehicle corporation, General Motors Company (GM) is reportedly planning to invest over USD 71 million to shift its southern California design campus to a new site in Pasadena that is expected to be completed by the end of 2022....
Read More >>Tech giant Microsoft has reportedly announced its intention to give out bonuses of USD 1,500 to its employees, more than a year after COVID-19’s impact. The bonus is part of an effort by tech companies to maintain employee happiness during the...
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