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VCI Global’s High-Growth Fintech Startup Credilab Secures Strategic Investment from Dubai Fund
Globenewswire· 2025-04-30 11:49
US$1 Million Funding to Accelerate Credilab’s Push Toward Unicorn Status and Regional Market LeadershipKUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), a fast-scaling digital lending platform, has secured a strategic investment worth US$1 million from Triple Helix Capital Ltd (“Triple Helix”), a leading Dubai-based private investment fund. Credilab is focuse ...
Goldman shareholders OK $160M pay packages for David Solomon, John Waldron despite opposition
New York Post· 2025-04-23 16:07
Goldman Sachs shareholders voted to approve pay packages, including hefty retention bonuses, for top executives CEO David Solomon and president John Waldron.They also voted in favor of other management proposals including the election of the firm’s board of directors, according to a preliminary voting count announced during a virtual shareholder meeting in Dallas.Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank’s “continued inability to al ...
Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America's telecommunications industry
Newsfilter· 2025-04-08 21:16
Core Insights - Millicom has released its 2024 Annual Report, highlighting a transformative year in the telecommunications industry in Latin America [1][2] - The report emphasizes a renewed strategic focus, operational efficiency, and a commitment to expanding digital inclusion across the region [2] Company Overview - Millicom, operating under the TIGO brand, is a leading provider of fixed and mobile telecommunications services in Latin America, offering a wide range of digital services including mobile financial services, local entertainment, and pay TV [4] - As of December 31, 2024, Millicom employed approximately 14,000 people and served over 46 million customers, with a fiber-cable footprint reaching about 14 million homes [4] Strategic Positioning - The company is positioned to capitalize on new opportunities in the telecommunications sector, supported by robust fixed and mobile networks, comprehensive digital platforms, and diverse content offerings [3] - Millicom aims to meet the growing demand for connectivity and digital services while maintaining consistent financial performance [3]
Salesforce cuts diversity hiring goals, joining Meta and Google in scaling back DEI initiatives
Business Insider· 2025-03-06 12:48
Core Viewpoint - Salesforce has abandoned explicit diversity hiring targets and removed references to diversity and inclusion as core company values in its recent financial disclosures, aligning with a broader trend among major companies to scale back DEI initiatives in response to changing political and legal landscapes [1][2][6]. Group 1: Company Actions - Salesforce has eliminated language tying executive compensation to employee diversity measures in its annual financial disclosures [1]. - The company emphasized its commitment to equality, stating it is "firmly rooted in compliance with federal law and other applicable laws and regulations" [3]. - Salesforce's recent filings indicate a focus on equality rather than specific representation goals, with a spokesperson affirming the company's commitment to equality [2][3]. Group 2: Industry Trends - Salesforce joins other major companies like Amazon, Google, Meta, and Walmart in rolling back diversity, equity, and inclusion (DEI) programs [1][6]. - Amazon has stated it is "winding down outdated programs and materials" related to diversity and inclusion, while Google and Meta have also removed explicit diversity hiring goals and DEI teams [4]. - Reports indicate that since mid-2024, over 20 major companies in the U.S. have rolled back DEI initiatives [5].