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Financial News

BlackBerry Announces Inducement Awards

In connection with the acquisition of Cylance, BlackBerry's Board of Directors has approved a grant of performance-based restricted share unit awards (the "Inducement Awards") to Stuart McClure and Ryan Permeh covering up to 3,122,140 and 1,060,049 shares of common stock, respectively.

Apple Card is Apple’s new Credit Card

Apple launched a credit card at the “Show Time” event called Apple Card. It’s an actual titanium-based MasterCard credit card made in partnership with Goldman Sachs. The card has no late fees, annual fees, over limit fees, and international fees. The card will have your name etched with laser on the card.

FIS to acquire Worldpay for £32bn

US company Fidelity National Information Services (FIS) is to acquire Worldpay in a $43bn (£32bn) deal. This is the second time Worldpay, which was spun out of Britain’s Royal Bank of Scotland as a condition of its bailout during the financial crisis, has been acquired.

NVIDIA to Acquire Mellanox for $6.9 Billion

NVIDIA and Mellanox have reached a definitive agreement under which NVIDIA will acquire Mellanox. Pursuant to the agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. Once complete, the combination is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin, non-GAAP earnings per share and free cash flow.

Anderson Zaks launches new service for call centre (MOTO)

Anderson Zaks has launched a new service offering secure card not present payments (MOTO) for call centres. In a typical call centre environment, the usual scenario would be to take card payment information on a standard terminal, or a software application located on the IT infrastructure. This infrastructure then requires securing to PCI DSS standard.

Ledger Unveils New Nano X Hardware Wallet at CES 2019

Ledger today unveiled the Ledger Nano X, a Bluetooth-enabled hardware wallet. As Ledger's new signature product, the Ledger Nano X improves on the Ledger Nano S, the world's most popular hardware wallet having sold over 1.5 million units, with enhanced state-of-the-art security and an improved user experience and design.

BlackBerry beats Sale Estimates

BlackBerry today reported financial results for the three months ended November 30, 2818, coming in at $0.05 per share, beating Wall Street’s estimates of $0.02 per Share. Revenue for the quarter came in at $226.00 million beating analyst estimates of $215.38 million

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