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Meta settles $725 million dollar lawsuit

Meta finally settles a lawsuit that has been a thorn in its side ever since its inception. This lawsuit was mainly centered around the Cambridge Analytica Scandal which unraveled in 2018. Cambridge Analytica at the time was a data...

Massy is on the verge of acquiring IGL in a J$21.5 billion dollar deal

Massy Holdings Limited has purchased 100 percent shares of Jamaican gas company IGL Limited in a deal worth US$140.3 million which is equivalent to $21.5 billion. At the moment the deal is being overviewed by the Fair Trading Commission to...

Lynk looks to expand in 2023 and build upon its recent success

Lynk has been expanding rapidly since its inception roughly over a year ago. It closes the year with over $1.5 billion in transactions and over 180,000 registered users. Vernon James, CEO of Lynk is very proud of what the company...

Sygnus acquires over 40% of logistics firm

Sygnus Deneb Investments Limited (SDI), which is the private equity firm under Sygnus Capital, has made a strategic investment in CS&T Group Limited. Facey Group is the majority shareholder of CS&T and by partnering with Sygnus and allowing them...

Microsoft and FTC clash over Activision deal

Another antitrust lawsuit was filed against Microsoft, this time by players who wanted to stop the computer giant's $69 billion acquisition bid of Activision Blizzard. According to the lawsuit, which was filed on Tuesday in federal court in California, the...

Apex Radiology IPO sets for December 28

Apex Radiology is set to end the year on a high with an IPO on set for December 28, 2022. This company is mainly a medical private imaging company that has grown over the year into a sustainable business...

Goldman Sachs is in the process of laying off up to 4000 employees

Goldman Sachs is planning to lay off upwards of 3,900 representatives beginning in January as CEO David Solomon looks to help the bank benefit in the midst of financial headwinds. The bank is now planning to slash staff numbers across...

Jamaica in advanced talks to secure new IMF deal

Jamaica and the International Monetary Fund team have reached the advanced stages of securing a deal that allows the government to access US $1.7 billion in funds. It is to be noted that all this money will not be...

Massy ramps things up before the year end with another take over

Massy holdings has made another acquisition within weeks of a prior purchase of the Trinidad & Tobago business operations of French company Air Liquide International S.A. This deal allows Massy to purchase 100 percent of the share capital of...

First Rock share buyback program is going according to plan

First Rock has been ramping things up with share buyback over the last few weeks. Typically, companies buy back shares to increase the price of shares for investors due to supply and demand within the market. The company states that...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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