Losses from payment redirection scams ballooned to at least $14 million in 2020

Australian businesses have lost at least $14 million from payment redirection scams in 2020, according to…

Spirit Technology acquires Sydney-based telco gear company Nexgen

Spirit Technology has acquired telecommunications equipment company Nexgen for $50 million, which the company called its…

Cloud Services Reach $130B, Dwarfs Data Center Spending

Enterprises spent a whopping $130 billion on cloud infrastructure services globally in 2020, blowing by the…

Gravie Secures $28 Million in Financing Led by AXA Venture Partners

Gravie, the pioneer of defined contribution healthcare, today announced that they have raised $28 million in a Series…

Evofem Biosciences Announces Pricing of $30 Million Public Offering of Common Stock

Evofem Biosciences, Inc. (NASDAQ: EVFM) today announced the pricing of an underwritten public offering of 17,142,857 shares of its…

Alliance Funding Group Issues $25.0 Million of Corporate Notes

Alliance Funding Group (“AFG”), one of the largest privately held equipment finance companies in the U.S.,…

Superfone fined $300k for dodgy telemarketing

The Federal Court has ordered Melbourne-based NBN reseller Superfone to pay $300,000 in penalties after it…

Highmark Health reports $18 billion in revenue and $450 million in earnings(1) through year-end 2020

Highmark Health today announced financial results for year-end 2020, reporting $18 billion in consolidated revenue, an operating gain…

Oracle Prices $15 Billion Aggregate Principal Amount of Investment Grade Notes

Oracle Corporation (NYSE: ORCL) today announced the pricing of its sale of $2,750,000,000 of 1.650% Notes due 2026 (the…

Plug and Play Collaborates with Finastra to Expand FusionFabric.cloud Platform for Open Innovation

 Plug and Play today announced a collaboration with Finastra, one of the world’s largest global financial…