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Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to Bill.com for a price that could top $2 billion. For the fintech sector, it’s big news. Corporate spend startups including Ramp and Brex are raising rapid-fired rounds at…
The US Department of Justice’s Civil Rights Division says it has “concerns” over Arizona’s 2020 election audit. The concerns were raised in a letter to state Sen. Karen Fann, a Republican. Voting rights groups last month asked the Justice Department to intervene. See more stories on Insider’s business page. The US Department of Justice has…
The US Department of Labor issued guidance Wednesday that lets states waive recovery of unemployment insurance overpayments. “In many cases, individuals received payments for which they may not have been eligible through no fault of their own,” the department’s Suzi LeVine said. States that already collected repayments should give that money back, the department said.…
A 1997 Time Magazine profile of Bill Gates delved into his love life and family life with Melinda Gates. Bill Gates reportedly had an agreement with Melinda where he would spend a long weekend with his ex every year. “We can play putt-putt while discussing biotechnology,” Gates told Time. See more stories on Insider’s business…
From left to right: Rainforest business operations and strategy director Elita Subaja; co-founder and CEO J.J. Chai and brand manager Jerry Ng Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO…
A man takes a photo of a model of the IBM Q System One quantum computer during the 2020 CES in Las Vegas, Nevada, U.S. January 7, 2020. REUTERS/Steve MarcusA U.S. legislative proposal to allocate about $110 billion for basic and advanced technology research and science in the face of rising competitive pressure from China…
Una Brands’ co-founders (from left to right): Tobias Heusch, Kiren Tanna and Kushal Patel. Image Credits: Una Brands One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and Branded Group, focus on consolidating…
An employee talks with a customer at a GameStop shop in New York City, New York, U.S. January 30, 2021. REUTERS/Nick ZieminskiRatings agency S&P Global Ratings on Wednesday raised GameStop’s (GME.N) credit rating by one notch, a critical step in the video retailer’s transformation into an e-commerce company.S&P Global Ratings said in a note that…
People walk on the Equinor’s Johan Sverdrup oilfield platform in the North Sea, Norway December 3, 2019. REUTERS/Ints KalninsNorwegian oil companies have come to a wage agreement with employees, three labour unions and an industry association said on Wednesday, preventing the potential outbreak of a strike among workers later this year.Norway is western Europe’s largest…
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