London and European IPOs plunge due to Brexit and trade tensions in 2019

Roger Baird

The number of companies that floated in London plunged this year as uncertainty over Brexit put off investors from backing firms seeking to raise substantial funds on public markets. This year, 36 firms completed initial public offerings (IPOs) on the London Stock Exchange, according to data from the bourse, the lowest in some ten years….

T-Mobile-Sprint Merger Gains Support Of FCC and US Justice Department

T-Mobile-Sprint Merger Gains Support Of FCC and US Justice Department

Ali Raza

The Federal Communications Commission, as well as the US Justice Department, made a joint court filing on Friday. This filing is to throw both groups’ support to a merger between Sprint and T-Mobile, the fourth- and third-largest wireless carriers within the US. Fear Of Higher Pricing This comes after a group of state attorneys general…

British Business Bank commits £100m to kickstart tech firm fund

Roger Baird

The British Business Bank has committed up to £100m to private equity group Hermes GPE to back growing tech firms in the UK and across Europe. The bank said the cash will target “later-stage opportunities in technology-enabled businesses across the UK and Europe with a productivity, people or sustainability theme”. It added the investment came…

70% of the US Population is Now Active on Facebook

The number of Facebook (Nasdaq: FB) users in the United States exceeded 70.2% of the entire population. This is a massive number considering that in the United States live close to 327.2 million individuals. Other social media applications have also been growing during the last years and reached a more significant portion of the U.S….