sales
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Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024 (Elisabeth Behrmann/Bloomberg)
Elisabeth Behrmann / Bloomberg: Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B…
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Chinese media reports: Xiaomi plans to lay off ~15% of its 35,314 employees amid weaker sales due to China's COVID-19 lockdowns and slower consumer spending (Che Pan/South China Morning Post)
Che Pan / South China Morning Post: Chinese media reports: Xiaomi plans to lay off ~15% of its 35,314 employees…
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Sweep, which makes a no-code toolkit for building sales playbooks in Salesforce, raised $28M in seed and Series A led by Bessemer and Insight respectively (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: Sweep, which makes a no-code toolkit for building sales playbooks in Salesforce, raised $28M in seed…
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A look at Spotter and Jellysmack, two companies offering YouTubers cash in exchange for up to five year of ad sales generated by licensing their old videos (Miles Kruppa/Wall Street Journal)
Miles Kruppa / Wall Street Journal: A look at Spotter and Jellysmack, two companies offering YouTubers cash in exchange for…
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