Tag: Business

Anglo American’s Mogalakwena platinum mine is another asset on the chopping block. (Provided by Anglo American) As Anglo American shareholders weigh the pros and cons of a takeover offer and an internally-led restructuring, one thing is already certain: the South African platinum business will be a big beneficiary. BHP, which made a unilateral takeover offer

OpenseedVC, an early-stage venture capital firm founded in 2024, has reached the first close of its $10 million fund for early-stage startups in Africa and Europe. This $10 million funding is OpenseedVC’s first and will be used to support founders with domain expertise, highlighting the growing importance of founder experience in the African tech ecosystem.

Sean “Diddy” Combs The once prolific and successful rapper and producer is facing a steadily growing number of lawsuits alleging a troubling history of violence, including sex trafficking and sexual assault. federal agents searched his home in Miami and Los Angeles in connection with sex trafficking investigations. Latest piece of evidence In fact, the charges

A pedestrian walks in front of a Peloton store on May 8, 2024 in Palo Alto, California. Justin Sullivan | Getty Images peloton Stocks plunged on Monday after the connected fitness company announced it would launch a “global refinancing” to avoid a cash crunch While sales are decreasing. The company is offering a private placement

Fluctuating exchange rates across Africa are currently putting a strain on telecom operators, with prominent players such as MTN and Airtel revealing how severely their coffers have been hit in recent financial results. The holes blown in each ship’s hull were attributed to Nigeria, as the sharp devaluation of the Nigerian Naira adversely affected all

Film industry insiders gathered at Nakamoto’s residence at the Mondrian Hotel in Cannes on Monday night for a celebration. universal pictures International. as variety In his opening remarks, Co-Editor-in-Chief Ramin Setude said that Universal has had some great successes over the past year, most notably Christopher Nolan’s Oppenheimer, which won seven Oscars. It was pointed

In this Side Hustle Spotlight Q&A, Helsima payment processing company used by tens of thousands of merchants, including dental clinics, law firms, car dealerships, and more. you started with side hustle. Can you tell us how that led him to found Helcim? I started my first business when I was 15 years old.i knew how

release date: May 18, 2024 by samantha lee in Small business news 0 In today’s environment, small business owners must remain vigilant about fraud. One of his most persistent scams is the Yellow Pages invoice scam, which tricks businesses into paying for non-existent advertising space that fraudulently imitates the official Yellow Pages. In a recent

Founder-market fit is one of the most important factors in a startup’s success, and operators (those involved in the day-to-day operations of a startup) turned founders have a near-impossible chance of finding that fit. Have a fair advantage. Data shows that founders’ lack of expertise and business acumen contributes to the failure of VC investments.

On May 16, Baidu released its financial report for the first quarter of 2024. The report revealed Baidu’s revenue was RMB 31.5 billion (USD 4.3 billion) and net profit (non-GAAP) was RMB 7.011 billion (USD). 970 million), an increase of 22% year over year. Baidu Core (non-GAAP) net income also increased 26% year over year