Pepkor secures approval to join the sector

Pepkor secures approval to join the sector

South African discount retailer Pepkor Holdings has received regulatory approval to establish a banking presence, it said on Tuesday, as it expands beyond retail and basic financial services. Pepkor said in a statement that it had secured approval from the Prudential Authority in November, enabling it to enter South Africa’s competitive banking sector. The company…

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Hollywood stars among thousands who join pledge not to work with Israeli film institutions ‘implicated in genocide’

Hollywood stars among thousands who join pledge not to work with Israeli film institutions ‘implicated in genocide’

An open letter from a group that calls itself Film Workers for Palestine had amassed more than 4,000 signatures as of Wednesday, with a slew of Hollywood stars and filmmakers pledging not to work with Israeli film institutions that have been “implicated in genocide and apartheid against the Palestinian people.” “As filmmakers, actors, film industry…

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Thoma Bravo Acquires Verint to Join Forces with Calabrio to Create an AI-Driven Customer Experience Powerhouse

Thoma Bravo Acquires Verint to Join Forces with Calabrio to Create an AI-Driven Customer Experience Powerhouse

Thoma Bravo, a leading software investment firm, announced today that it has entered into a definitive agreement to purchase Verint Systems, Inc. (Nasdaq: VRNT) (“Verint”) in an all-cash transaction reflecting an enterprise value of $2 billion for the company. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close…

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Microsoft set to join the -trillion club

Microsoft set to join the $4-trillion club

Microsoft is set to become the second company in the world to reach a US$4-trillion (R72-trillion) market capitalisation after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in extended trading on Wednesday. Shares of the technology behemoth jumped as much as 9% to more than $560 in late New York trading,…

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