Browsing: UNIT

Investing.com — AT&T Inc (NYSE:T) has agreed to sell its Mexican wireless operations to Grupo Televisa SAB (NYSE:TV) and Fintech Holdings Inc. in a deal valued at $2 billion in cash, marking the American telecom giant’s exit from a market where it spent over a decade trying to challenge billionaire Carlos Slim’s dominance. The transaction,…

ByteDance closed a $290M funding round for Anew Labs, its newly spun-off AI drug discovery unit, at a $1.5B valuation, Reuters reports, citing two sources familiar with the matter. Moreover, the company that owns TikTok will retain 56% of the business after this round, according to the same sources.