Fintech Demica swallowed by American giant FIS in $300 million deal | Money News Aitrend

Fintech Demica swallowed by American giant FIS in 0 million deal | Money News

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Another leading technology company is being swallowed up in a transatlantic takeover that will underline the scale of the raid on some of Britain’s most promising companies. Sky News has learned that Demica, one of the UK’s largest supply chain finance providers, has agreed a deal with FIS, the New York-listed tech giant, valued at … Read more

Bank of England issues mortgage rate warning for 4.4 million homes, sounds Trump trade alarm | Money News Aitrend

Bank of England issues mortgage rate warning for 4.4 million homes, sounds Trump trade alarm | Money News

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Around half of UK mortgage holders will face higher interest rates over the next three years, the Bank of England has warned, amid concerns over the potential impact of the imminent return of Donald Trump at the White House. Its latest financial stability report – published twice a year – shows 4.4 million homes are … Read more

IPL auction records tumbled as Pant and Iyer broke the $3 million mark – Aitrend

IPL auction records tumbled as Pant and Iyer broke the  million mark

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India’s Rishabh Pant with Shreyas Iyer. — X/IPL RIYADH: Indian wicketkeeper-batsman Rishabh Pant became the most expensive player in the history of the Indian Premier League (IPL) on Sunday when he was sold for a record $3.2 million, as teams snapped up world-class cricketers for the lucrative Twenty20 tournament. A total of 577 players will … Read more

Davido marks 32nd birthday with generous N300 million donation to orphanages Aitrend

Davido marks 32nd birthday with generous N300 million donation to orphanages

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Nigerian music sensation David Adeleke, better known as Davido, is set to celebrate his 32nd birthday in a remarkable way. The Afrobeats star announced a colossal donation of N300 million to orphanages across the country, a gesture that reflects his continued commitment to philanthropy. In a heartfelt message shared on Monday morning on his social … Read more

A mysterious diamond necklace – perhaps linked to the death of Marie Antoinette – sold for $4.8 million Aitrend

A mysterious necklace loaded with diamonds with possible links to a scandal that contributed to the downfall of Marie Antoinette, sold for $4.8 million at an auction in Geneva on Wednesday. The 18th-century jewel containing approximately 300 carats of diamonds was estimated at $1.8 million to $2.8 million at Sotheby’s Royal and Noble Jewels sale. … Read more

Apple sued by Which? on using iCloud – with potential payout for 40 million UK customers | Scientific, climate and technology news Aitrend

Apple sued by Which? on using iCloud – with potential payout for 40 million UK customers | Scientific, climate and technology news

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Consumer rights group Which? is suing Apple for £3 billion over the way it rolls out iCloud. If the trial is successful, around 40 million Apple customers in the UK may be entitled to payment. The lawsuit claims that Apple, which controls the iOS operating systems, broke UK competition law by giving preferential treatment to … Read more