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...It has argued that the tie-up would produce a stronger competitor among card networks. Discover’s is the smallest after Visa, Mastercard and American Express....
...Most of the focus was on a deal for Discover’s Pulse debit and cash machine network, a pin-based network which processed about $285bn in payments last year, the people familiar with the talks said....
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
...Altice France, which includes mobile network operator SFR, is a key part of Franco-Israeli billionaire Patrick Drahi’s wider Altice group of telecoms businesses....
...Nord Security, which makes a leading virtual private network, has nearly doubled its valuation in a year to $3bn after raising funds from a US private equity group as the cyber security software provider...
...“Necessity [is] sometimes the mother of invention,” telecoms tycoon Charlie Ergen told Wall Street analysts late last year, when they asked just how his distressed satellite TV group Dish Network would tackle...
...Shares of Dish Network notched a record one-day drop after the cable television company missed Wall Street expectations, even as it races to complete a $4bn merger with satellite network group EchoStar....
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...A century ago, it was perfectly common for US companies to dish out 6 per cent dividend yields to shareholders every year....
...While such networks have been criticised internationally for enabling mass surveillance by China’s security agencies, the networks give driverless car developers a distinct advantage compared with other...
...Discover is a combined credit card payment network and card-issuing bank. It ranks fourth as a network behind the titans Visa, Mastercard and American Express....
...Past liability management scenarios presented at JPMorgan’s high-yield and leveraged finance event this week included those of Bausch Health and Dish/EchoStar....
...from the three firms in its network that had taken private equity money....
...While the US Federal Communications Commission this week penalised Dish Networks $150,000 for failing to responsibly dispose of a defunct broadcast satellite, this marked a first — and the settlement looks...
...Spirent, which sells equipment to test telecoms networks, is a good strategic fit. Products are complementary, meaning they can be cross-sold to the two groups’ existing customer base....
...Among them is a proposal to “right-size” legacy divisions, such as Disney’s studio business and its linear TV networks, by spinning them out and finding strategic partners....
...Yet the addition of Discover’s card network, the fourth largest in the US, could strengthen a competitor to industry leaders Visa and Mastercard, Capital One has said....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...The indictment, which was unsealed in a California federal court on Wednesday, alleged that Ding “began secretly uploading trade secrets that were stored in Google’s network” between May 2022 and May 2023...
...Discover also offers a payment network, making it a competitor with the likes of Visa and Mastercard....
...These ads had been indirectly placed via the Google Search Partner network, which allows third-party developers to embed search engines in their own websites....
...“We saw that with 5G, it becomes much more important to do [chip development] in-house than it used to be,” said Freddie Sodergren, Ericsson’s head of technology and strategy for business area networks....
...70 per cent since Permira listed it in January 2021; chemicals firm Azelis, which has shed 25 per cent of its value since EQT brought it to market in October 2021; and cyber security company Exclusive Networks...
...The search giant displays search ads on its own platform but also on other third-party websites in the so-called Google Search Partner network....
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