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FTC sues fintech app Dave over misleading $500 cash advance ads

FTC sues fintech app Dave over misleading $500 cash advance ads

The U.S. Federal Trade Commission sued financial technology company Dave Inc in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive.
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Emerson offers to buy rest of AspenTech in $15 billion deal to sharpen automation focus

Emerson offers to buy rest of AspenTech in $15 billion deal to sharpen automation focus

Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.
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French IT firm Atos agrees to sell Worldgrid unit to Alten

French IT firm Atos agrees to sell Worldgrid unit to Alten

Atos said on Tuesday it had signed an agreement to sell its Worldgrid business unit to Alten for 270 million euros ($293.7 million) on an enterprise value basis, in a transaction expected to close before end-2024.
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Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge

Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge

Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.
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