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News
This St. George business owner is offering VHS rentals for nostalgic experience
21+ hour, 46+ min ago (852+ words) ST. GEORGE — Walking into Legacy Media Digital in St. George is a lot like stepping back in time — a time when shelves were lined with VHS tapes and the checkout counter had stacks of candy and popcorn ready to take…...
Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
1+ day, 11+ hour ago (274+ words) Sept 12 — Oracle said on Saturday that its co-founder and executive chairman Larry Ellison had canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at Friday's closing price. Oracle had disclosed in a regulatory filing Friday that…...
Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
3+ day, 14+ hour ago (134+ words) HONG KONG/SHANGHAI, Sept 11 — Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188% higher in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering. The stock opened at 410 yuan versus its offer…...
Oracle tops estimates as AI demand tempers cash-burn fears
3+ day, 19+ hour ago (528+ words) (Corrects to add dropped word "its" in paragraph 3) Sept 10 (Reuters) - Oracle topped Wall Street estimates for quarterly results on Thursday and reported a smaller cash burn than expected, offering investors confidence that its AI investments were generating returns without squeezing…...
The barcode is changing: What 'Sunrise 2027' means for Utah shoppers
4+ day, 11+ hour ago (762+ words) SALT LAKE CITY — There is a push right now to replace familiar UPC barcodes, that are on pretty much everything, with QR codes. KSL Executive Producer Sloan Schrage and I went shopping and discovered the future of the barcode is,…...
Navan beats quarterly estimates, raises forecast; shares tumble on cost concerns
4+ day, 14+ hour ago (341+ words) Sept 9 — Corporate travel and expense platform Navan beat second-quarter profit expectations and raised its full-year revenue forecast on Wednesday, but shares fell 17% in extended trading after higher operating costs overshadowed robust revenue growth. Operating expenses increased 46% to $200.2 million in the…...
France's Cegid and Silae to merge in???10 billion??software deal
5+ day, 36+ min ago (126+ words) France's Cegid and Silae to merge in €10 billion software deal KSL.com Sept 9 â French business âsoftware provider Cegid and payroll platform Silae âsaid on Wednesday they â were planning âto merge â to create âa…...
Amazon will raise $5.8 billion in first sterling bond sale, lead managers say
5+ day, 3+ hour ago (333+ words) LONDON, Sept 9 — Amazon will raise £4.25 billion ($5.76 billion) in its first-ever sterling bond sale, more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom. The deal, which…...
Dutch fintech Adyen sees long-term India opportunity, plans local expansion
5+ day, 8+ hour ago (410+ words) MUMBAI, Sept 9 — Dutch payments processor Adyen plans to expand its India operations and hire more employees as it bets on the country's fast-growing digital payments market and rising cross-border commerce activity, a top executive told Reuters. The Amsterdam-listed company, one…...
CVC names Todd Sisitsky, Peter Rutland as co-CEOs, effective 2028
5+ day, 15+ hour ago (149+ words) Sept 9 — CVC Capital Partners said on Wednesday it has named insider Peter Rutland and TPG executive Todd Sisitsky as co-chief executive officers, effective the first quarter of 2028, when current CEO Rob Lucas steps down. Lucas, who has led the group…...