SAN FRANCISCO: Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed Tuesday, marking a bold move amid intensifying competition in the generative AI space. The offer exceeds Perplexity’s most recent valuation of $18 billion,…
Gross rental income rose 1.5% to £109.1 million, net rental income dipped slightly to £94.0 million LONDON: Derwent London plc reported unaudited results for the six months ended 30 June 2025, highlighting strong leasing momentum, resilient financials, and a strategic…
The company posted a net loss of $228.6 million, compared to $14.4 million in the same period last year COLUMBIA: BigBear.ai Holdings, Inc. (NYSE: BBAI), a provider of AI-powered decision intelligence solutions, reported a widened net loss for the second…
LONDON: Wilmington plc (LSE: WIL), a provider of data, information, education and training services in global Governance, Risk and Compliance (GRC) markets, said on Tuesday it has agreed to acquire Spanish RegTech firm Professional Group Conversia, S.L.U. for €121.6 million…
Revenue falls 11.1% to £798.4 million and operating profit plunging 92.5% to £2.1 million LONDON: PageGroup Plc, the specialist professional recruitment company, reported a sharp drop in its first-half financial results, with profit before tax plummeting 99.2% to £0.2 million…
CAMBRIDGE: Xaar plc, a leading inkjet printing technology group, reported a 7% increase in revenue for the first half of 2025, reaching £27.2 million, up from £25.5 million in the same period last year. The growth was led by a…
For six months, the company posted statutory revenue of £822.2 million, down 1% LONDON: Spirax Group reported half-year results Tuesday that were in line with expectations, reaffirming its full-year guidance despite macroeconomic headwinds and restructuring costs. For the six months…
Group EBITDA reached £583 million, up 11% versus H1 2024 LONDON: Entain plc (LSE: ENT), the global sports betting and gaming group, reported stronger-than-expected interim results for the six months ended 30 June 2025, driven by robust performance across its…
For three months, Aris reported a 9% increase in Adjusted EBITDA to $54.6 million HOUSTON: Aris Water Solutions Inc. announced a strong second quarter on Tuesday, posting a net income of $14.1 million and setting a new record for produced…
SEOUL: Magnachip Semiconductor Corporation (NYSE: MX) announced Monday that CEO YJ Kim has stepped down from his role and from the Board of Directors, effective immediately. Camillo Martino, Chairman of the Board, has been appointed Interim Chief Executive Officer. The…
DALLAS: Pennington Creek Capital, LLC, a Dallas-based private equity firm wholly owned by the Chickasaw Nation, announced Tuesday a majority equity investment in Rite in the Rain, a Tacoma, Washington-based manufacturer of water-resistant writing and field gear. “This investment in…
MINNEAPOLIS: Datasite, a global SaaS provider of AI-powered workflow collaboration and automation solutions for mergers and acquisitions (M&A), investment, and strategic projects, has acquired Blueflame AI, a leading developer of agentic AI solutions for financial services. Terms of the transaction…