Pinned post

Leaked memo: Intel will shut down its automotive business and lay off "most" employees working in the unit, the latest step in Intel's downsizing (Mike Rogoway/Oregonian)

Mike Rogoway / Oregonian : Leaked memo: Intel will shut down its automotive business and lay off “most” employees working in the unit, th...

24 June 2025

New Zealand-based Xero, which offers accounting software for small businesses, agrees to acquire payments software company Melio in a $2.5B+ cash-and-stock deal (Rajasik Mukherjee/Reuters)

Rajasik Mukherjee / Reuters:
New Zealand-based Xero, which offers accounting software for small businesses, agrees to acquire payments software company Melio in a $2.5B+ cash-and-stock deal  —  Australia-listed Xero (XRO.AX) said on Wednesday it would buy U.S.-headquartered fintech firm Melio for an upfront consideration of $2.5 billion.

Posted from: this blog via Microsoft Power Automate.

Daily Deals