Business

For almost $1.8 billion, Taiwan’s Yageo Corp will buy its competitor Kemet Corp. This move will reportedly help Yageo expand worldwide. That’s an 18% premium over the stock’s closing price on November 11. “The purchase will enhance our capacity to serve clients in high-end automotive, aerospace, industrial, medical, and telecom sectors,” said Yageo CEO Pierre Chen.   It will also be expanded throughout Europe, North America, and Asia, according to

A wholesale agreement between Sky and Vodafone will allow Sky to enter the Irish market via Vodafone’s network. It’s expected that Sky will enter the Irish mobile phone market in the coming year. The business will join Vodafone, Eir, and Virgin in providing TV, broadband, home phone, and mobile services to Irish customers. “This news represents a key milestone” for Sky Ireland’s expansion in Ireland, according to CEO, JD Buckley.

Aside from music, Spotify has been seeking for other methods to generate cash. It was for this reason that it began a massive investment in its own podcast company. For the first time in its history, it plans to profit from audio. Findaway, a popular audiobook platform, has been purchased by the corporation. Digital audiobook distributor was created in 2004 and has focused on increasing access to audiobooks since then.

One of the world’s most prominent automotive technology companies Faurecia has invested in ESP Consulting, a French laboratory that uses cognitive science to improve human performance and enjoyment. A key objective of Faurecia is to better understand the impact of its technology on human behaviour in the cockpit through the lens of tailored and predictive scenarios. The Vice President of Cockpit of the Future, Faurecia, David Degrange, said, “ESP Consulting

When it comes to meal delivery, DoorDash, a San Francisco-based firm, looks to have reached a major milestone recently and emerged as a dark horse in this specific industry. Wall Street Journal reports that the business is seeking about $500 million at a valuation between $6 billion and $7 billion, while other competitors like Uber and Postmates have recently decided to go public. As a result of this new round