The Kellogg Company is getting closer to splitting off its cereal company, as packaged food giants become so massive that it can be hard to keep every part of the business up to speed. On Monday (July 24) evening, the firm announced the filing of...
The two businesses created by the planned separation of NCR will retain “NCR” in their names. The digital commerce business will be called NCR Voyix, while the ATM business will be named NCR Atleos, NCR Corp. said in a Monday (July 24) press release. “In speaking with thousands...
Intuit has announced the launch of its new QuickBooks Workforce mobile app, designed to help employees of firms across the U.S., Canada, the U.K. and Australia reduce administrative and payroll tasks. The app is accessible on both Android and iOS devices, providing a centralized hub for...
Investing platform Public.com is reportedly set to launch in Great Britain. Co-CEO and Co-founder Leif Abraham told Bloomberg News in an interview posted Thursday (July 13) that the firm will let retail investors in the U.K. trade more than 5,000 stocks while accessing services like research and data. Eventually, he added,...
Yahoo’s days as a private company could be coming to an end. The tech company’s CEO told the Financial Times Monday (July 4) that he hopes to take Yahoo public and return it to its former glory. Yahoo is “ready financially, the company has a...
As credit becomes more expensive, businesses need to examine how they manage working capital — and how technology can help them do so. Ron Chakravarti, global head of client advisory, treasury and trade solutions at Citi, told Karen Webster that treasurers can help break down...
Revolut’s struggle to land a U.K. banking license continues to cost the London-based FinTech. Molten Ventures, a venture capital firm that has invested in Revolut, has marked down the value of its stake by 40%, according to its annual report, released Thursday (June 15). Molten...
Sequoia Capital is going to divide itself into three independent companies. No later than March 31, 2024, Sequoia China will become HongShan, Sequoia India/Southeast Asia will become Peak XV Partners and the U.S./Europe business will remain Sequoia Capital, the venture capital (VC) firm said in...
Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. The company announced in a Tuesday (May 30) press release a restructuring agreement with debtors that “is expected to significantly reduce debt and leverage levels and provide substantial additional liquidity” to allow the firm...
