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American corporation McDonald’s announced the purchase of an Israeli IT-company engaged in artificial intelligence technologies. In the message, the transaction amount is not disclosed. It is estimated at around $300 million and makes this acquisition the largest for McDonald’s in the past twenty years. Dynamic Yield will become a division of McDonald’s and continue to serve its customers, such as IKEA, Fendi and Foreva 21. The technologies in which it is engaged contribute to the automatic selection of content for display on the screens, taking into account a number of factors, such as seasonal preferences. McDonalds capitalization currently stands at $143 billion. Since the beginning of the year, it has increased by 4.6%.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Flipkart Ltd announced on Thursday that it acquired a 100% stake in Walmart India Pvt Ltd that operates local cash-and-carry business. The electronics retail company had also launched its new digital marketplace called Flipkart Wholesale. “With ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
On Wednesday, McDonald’s Corp (MCD.N) said that it plans to pause the reopening of all dine-in services in its U.S. restaurants for the next 21 days as the coronavirus outbreak flares up in areas across the country. The fast-food chain ...
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