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Technology - 2021-01-14
Acacia agrees to Cisco's increased offer of $4.5bn

Acacia agrees to Cisco's increased offer of $4.5bn

  • The revised deal for $115 per share in cash represents a premium of about 33% to Acacia's last closing price on Wednesday.
  • Acacia had earlier agreed to a $2.84 billion offer from Cisco, but it terminated the agreement, citing failure to obtain China's approval within the originally agreed time frame.
Published 14 Jan, 2021 09:01pm
Google removes some lending apps in India to protect consumers

Google removes some lending apps in India to protect consumers

  • We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies.
  • Google has contacted companies and asked them to clarify if they are compliant with the rules and regulations.
Published 14 Jan, 2021 05:00pm