300m

For most of us, the possibility of artificial intelligence (AI) replacing our jobs must be at the top of our minds since the groundbreaking launch of ChatGPT. We’re now in an era where technology is advancing at an unprecedented pace,…

HARRISBURG, Pa. (AP) — The electronics subsidiary of German multinational health care company Merck KGaA said Wednesday it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a…

South African avocado producer Westfalia has received as much as $300 million (R5.4 billion) in funding from a consortium of financial institutions, which will enable the company to spread its intercontinental presence and explore new…

Israeli geothermal energy company Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) is raising $300 million, which will be used for general corporate purposes, including working capital and capital expenditures, and for…

MBW Reacts is a series of comment pieces from the Music Business Worldwide team. They are our analytical (and sometimes opinionated) reactions to major recent entertainment news stories.“K-pop flourished in an environment where we could…

Israeli cloud cybersecurity company Wiz today announced the completion of a $300 million Series D financing round at a company valuation of $10 billion. At the same time, Wiz cofounder and CEO Assaf Rappaport, who…

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s…

UK music licensing company PPL has reported that it paid out GBP £244.9 million (USD $301.97m) to 165,000 performers and recording rightsholders in 2022.These monies were collected by PPL for the use of recorded music in the UK and…

Hyatt Hotels Corp. has agreed to acquire Dream Hotel Group and its lifestyle hotel brands for upwards of $300 million, the companies announced Tuesday. The companies expect the deal to close in “the coming months.” The acquisition will cost…

Palo Alto Networks (Nasdaq: PANW) is set to acquire Israeli cybersecurity company Cider Security, "TechCrunch" reports. According to its sources the deal involves $200 million in cash and $100 million in shares. The deal…