Tag: Public

Exclusive: Supply chain software firm E2open nears deal to go public – sources

By iwano@_84

(Reuters) – U.S. supply chain management software firm E2open LLC is nearing a deal to go public through a merger with blank-check acquisition company CC Neuberger Principal Holdings I at a valuation of more than $2.5 billion, including debt, people familiar with the matter said on Tuesday.

An agreement could be announced as soon as Wednesday, the sources said, cautioning that talks could still falter. E2open is owned by private equity firm Insight Partners.

The sources requested anonymity because the matter is confidential. CC Neuberger declined to comment. E2open and Insight Partners did not immediately respond to requests for comment.

CC Neuberger I shares rose as much as 10.7% on the news but pared gains to close 3.2% higher at $10.53.

CC Neuberger I is a special purpose acquisition (SPAC), or shell, company that uses proceeds from an initial public offering to acquire a private company, which then becomes public

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Exclusive: TikTok Rival Triller Explores Deal to Go Public – Sources | Top News

By iwano@_84

By Joshua Franklin and Echo Wang

(Reuters) – Triller Inc, a budding competitor to popular short-video app TikTok, is in discussions with blank-check acquisition companies about a merger which would take the U.S. social media company public, according to people familiar with the matter.

The deal would come as Triller seeks to capitalize on TikTok’s woes. U.S. President Donald Trump’s administration has ordered TikTok’s Chinese parent ByteDance to divest the app, citing concerns that the data of U.S. citizens could be accessible to China’s Communist Party government. TikTok has sued the U.S. government to stave off a ban from U.S. app stores while deal negotiations continue.

Triller, which was launched in 2015 and only has a fraction of the 100 million users that TikTok boasts in the United States, has said it hopes that the uncertainty over its rival’s future will drive more influencers and users to its platform.

Triller

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Florida health price website gets little public attention

By iwano@_84

TALLAHASSEE, Fla. – A program pushed by former Gov Rick Scott to help people compare prices and shop for medical procedures has cost taxpayers millions of dollars but has garnered little attention from the public.

The state has paid more than $5 million for the FloridaHealthPriceFinder website over the past three years, according to a review of state financial records. But the site has generated just 131,653 visits since its launch in November 2017, information from the state Agency for Health Care Administration shows.

Despite a lack of visits, AHCA officials remain upbeat about the initiative.

“FloridaHealthPriceFinder is still out there going strong,” Nikole Helvey, bureau chief of the Florida Center for Health Information and Transparency, told members of a health-information advisory committee Thursday.

She also said the state in July began collecting 2019 claims data, which is being reviewed for accuracy and quality. Helvey said the FloridaHealthPriceFinder website will

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Wireless network software firm Mavenir is ready to go public after hauling in $427 million last year

By iwano@_84

Wireless industry veteran Pardeep Kohli has been there before.

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In 2013, he took Mavenir Systems, a Richardson-based mobile network software company, to the public trading markets in an IPO after several successful venture capital fundraising rounds. Two years later, the company was bought up by a Canadian firm for $560 million and Kohli went on to his next venture.

in 2016, when Ottawa-based Mitel Networks Corp. unloaded the company to a New York private equity investor for $200 million less than the original purchase price, it was merged with Kohli’s startup and another firm and he came back to lead the combined operation.

Now called Mavenir, the rebranded tech firm is once again ready for the public markets after a year that saw it bring in $427 million in revenue. Mavenir filed documents this week with the U.S. Securities and Exchange Commission for a Nasdaq-listed IPO.

The company

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Tech companies step up to bring free Wi-Fi to L.A. public housing residents

By iwano@_84

Nearly 9,000 residents of public housing in Los Angeles will receive free broadband internet access for the rest of the 2020-21 school year as part of a new partnership between the city, Microsoft, and the start-up internet service provider Starry. <span class="copyright">(Gabriella Angotti-Jones / Los Angeles Times)</span>
Nearly 9,000 residents of public housing in Los Angeles will receive free broadband internet access for the rest of the 2020-21 school year as part of a new partnership between the city, Microsoft, and the start-up internet service provider Starry. (Gabriella Angotti-Jones / Los Angeles Times)

Nearly 9,000 residents of public housing in Los Angeles will receive free broadband internet access for the rest of the 2020-21 school year as part of a new partnership between the city, Microsoft, and the startup internet service provider Starry.

Starting in early November, residents of the Jordan Downs, Nickerson Gardens and Imperial Courts housing projects in Watts and the Pueblo del Rio complex in Central Alameda will be able to sign up for the service. They join residents of the Mar Vista Gardens, who have had access since August.

The new partnership comes as L.A. schoolchildren settle into another month of remote learning,

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Waymo Opens Robo-taxi Service To The Public In US City

By iwano@_84

Waymo, the autonomous car unit of Google-parent Alphabet, opened its robo-taxi project to the general public in the US city of Phoenix on Thursday, becoming the first widely available driverless ride service.

Now that the project has shifted out of its test phase, anyone signed up through the Waymo One smartphone app can summon autonomous vehicles to travel throughout the Arizona city’s metro area, chief executive John Krafcik said.

“Members of the public service can now take friends and family along on their rides and share their experience with the world,” he added.

“We’ll start with those who are already a part of Waymo One and, over the next several weeks, welcome more people directly into the service through our app.”

The Waymo One app is available on the Apple App Store and Google Play.

Waymo started testing a fully driverless ride service in Phoenix some three years ago with

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Waymo becomes the first company to launch driverless ride-hailing to the public

By iwano@_84

The company shut down its service earlier this year because of the pandemic. But “we expect to reach and exceed that volume as we ramp back up,” Barna said.

Previously, driverless trips were offered only to an exclusive group of early adopters. But in “the near term, 100% of our rides will be fully driverless,” Waymo CEO John Krafcik wrote in a blog post announcing the move.

Waymo said driverless service would initially be offered to existing users of its Waymo One ride-hailing app, but the service would be expanded to the broader public “over the next several weeks.”

Companies across Silicon Valley are racing to make self-driving cars a reality, a technological moonshot that would make the economics of ride-hailing much more lucrative by sparing the expense of human drivers. So far, progress has been slow as companies have delayed their rollouts and extended their timelines, confronted by the

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Musk: SpaceX’s Starlink has enough orbiting satellites for public beta

By iwano@_84

  • Elon Musk said on Tuesday that SpaceX’s internet satellite project, Starlink, had launched enough satellites for its public beta.
  • Once the most recently launched satellites are in position, the company will roll out a “fairly wide public beta” in the northern US and southern Canada, Musk tweeted.
  • Starlink’s goal is to put a constellation of satellites into orbit that can beam high-speed internet to remote parts of Earth.
  • Visit Business Insider’s homepage for more stories.

Elon Musk’s goal of beaming high-speed internet to remote parts of Earth using orbiting satellites just got a step closer to reality.

SpaceX on Tuesday launched a batch of 60 Starlink satellites, bringing the total number in orbit to more than 700, according to Ars Technica. Musk, SpaceX’s CEO, said this was enough for a public beta.

“Once these satellites reach their target position, we will be able to roll out a fairly wide public

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Tax perks await donors of gadgets, computers to public schools for new normal in learning

By iwano@_84

MANILA, Philippines—With blended learning and online classes in full swing, donors of computers and other gadgets to public schools will be rewarded with tax deductions under the Bayanihan to Recover as One Act, the Bureau of Internal Revenue (BIR) said on Thursday (Oct. 8).

Revenue Regulations (RR) No. 26-2020, signed by Finance Secretary Carlos G. Dominguez III and Internal Revenue Commissioner Caesar R. Dulay, said the tax perk under Bayanihan 2 applied to donations of personal computers, laptops, tablets, mobile phones, printers and other similar equipment to be used by teachers and students in government-run schools, including state universities and colleges (SUC) and vocational institutions under the Technical Education and Skills Development Authority (Tesda).

The tax incentive will apply to donations made during the implementation of the Bayanihan 2 Law from Sept. 15 until Dec. 19.

The BIR said donors will enjoy tax deduction from their gross income equivalent to

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Lakewood Public Library addressing computer access, adding Saturday hours

By iwano@_84

LAKEWOOD, Ohio — More than two months after reopening its doors and offering in-person services at its Main Library and Madison Branch, Lakewood Public Library has yet to allow members back into its technology center located at the Detroit Avenue branch.



a close up of a brick building: Lakewood Public Library located at 15425 Detroit Ave.


© John Benson/cleveland.com/cleveland.com/TNS
Lakewood Public Library located at 15425 Detroit Ave.

That decision has caused quite a bit of vocal derision from patrons desperate for computer access.

“Safety is our biggest priority and anybody who has ever been in the technology center room knows that it’s not very large and air ventilation is a bit of a problem,” Lakewood Public Library Public Services Librarian Andrea Fisher said. “Some suggested we could have fans blowing.

“We consulted with the Cleveland Clinic, which said that’s one of the worst things we could do. As far as spacing out computers, that’s hard to do because of the aisles and the fact

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