Monthly Archives: September 2022

EQT acquires Billtrust, a company automating the invoice-to-cash process, for $1.7B

Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT, the Sweden-based private equity firm, for $1.7 billion in an all-cash deal. Approved by Billtrust’s board of directors, the transaction is expected to close in Q1 2023 subject to the green light from Billtrust’s…

Hurricane Ian looms near Tampa. Here’s what a direct hurricane hit would mean.

On Tuesday morning, Florida Governor Ron DeSantis gave a press conference urging his whole state to prepare for the effects of Hurricane Ian. He warned residents in no uncertain terms that, “in some areas there will be catastrophic flooding and life-threatening storm surge” — note the lack of hedging phrases such as “likely” or “expected…

SuiteWorld 2022 live: All the NetSuite announcements from the main keynotes

We’re live in Las Vegas for SuiteWorld 2022, the annual conference hosted by ERP and CRM company Oracle NetSuite. As well as bringing you full coverage of the latest product announcements, we’ll be live blogging both the major keynote sessions. This morning’s opening keynote will be led by Evan Goldberg, EVP and founder of NetSuite,…

Search team finds the body of famed US mountain climber Hilaree Nelson 2 days after she went missing on Himalaya peak

Hilaree Nelson and James Morrison in Kathmandu, Nepal, Oct. 4, 2018. AP Photo/Niranjan Shrestha, File The body of US mountaineer and extreme skier Hilaree Nelson was found on Wednesday in the Himalayas. A rescue team recovered her body near the peak of Mount Manaslu, the eighth highest summit in the world.  Nelson, 49, went missing on…

I toured a desert mansion with a buried pool, glass stargazing ceilings, and $6,500 Airbnb fee — see inside

Katya Grozovskaya The Kellogg Doolittle House, designed by Kendrick Bangs Kellogg, is an “organic architecture” home. The interior is by John Vugrin, who made the furniture, doors, and glass planes. He’s still working on the home today. The mansion can be rented on Airbnb Luxe for $6,500 per night. The Kellogg Doolittle House is a…

China’s yuan drops to weakest level in 14 years and is on track for its worst annual loss since 1994

A shop clerk checks a 100-Chinese renminbi note. AP Images China’s yuan dropped to its lowest level versus the dollar since 2008.   The onshore currency weakened to 7.2409 per dollar, its lowest in 14 years.  Beijing must navigate a weakening currency, a real estate crisis, and disruptive COVID-19 lockdowns.  China’s yuan weakened to its lowest…

What’s pushing growth in proximity mobile payment usage?

Mobile proximity and peer-to-peer (P2P) payments have hit the mainstream, thanks to a pandemic-driven upswing in digital payments. We present our eMarketer forecasts for growth in the mobile proximity and mobile P2P payments space, as well as assess top players in each area.  Do you work in the Financial Services industry? Get business insights on…