T-Mobile, the leading wireless provider in the United States, has announced the opening of 18 new retail stores across Texas in 2023, as part of its ongoing commitment to serve customers and communities in the Lone Star state. The new stores have created about 120 new jobs for the state, and T-Mobile plans to open…
Dell XPS 15 Laptop Review: A Powerful and Portable Workhorse
If you are looking for a laptop that can handle your professional and personal needs, you might want to consider the Dell XPS 15. This laptop is one of the most popular and well-reviewed 15-inch laptops on the market, and for good reasons. Product Review: Dell XPS 13 – A Portable Powerhouse It offers a…
Johnson & Johnson MedTech acquires Laminar Inc. for an upfront $400 million
NEW BRUNSWICK: Johnson & Johnson MedTech, a division of Johnson & Johnson that focuses on medical intervention solutions, announced today that it has completed the acquisition of Laminar Inc., a privately-held medical device company that specializes in eliminating the left atrial appendage (LAA) in patients with non-valvular atrial fibrillation (AFib). The deal was worth $400…
AbbVie to buy ImmunoGen for $10.1 billion, boosting its oncology portfolio
AbbVie Inc. (NYSE: ABBV) announced today that it has agreed to acquire ImmunoGen, Inc. (NASDAQ: IMGN), a biotechnology company focused on developing antibody-drug conjugates (ADCs) for the treatment of cancer. The deal values ImmunoGen at $31.26 per share in cash, or about $10.1 billion in total. The acquisition will give AbbVie access to ImmunoGen’s flagship…
Samsung Glasses: What to Expect from the Upcoming XR Headset
Samsung is reportedly working on a new headset that will compete with Apple’s Vision Pro in the eXtended Reality (XR) market. The device, dubbed Samsung Glasses, will offer a mix of virtual reality (VR), augmented reality (AR), and mixed reality (MR) experiences. But what exactly will Samsung Glasses look like and how will they differ…
What is a Social Responsibility Norm in Business Strategies?
Social responsibility norms turned from a consideration to a necessity. Nowadays, companies recognize the strong impact of their actions on society and the environment. This shift led to a movement to implement social responsibility norms in businesses’ core values. However, many companies aren’t that familiar with these terms, which is why we’ll explain them one…
ASML to appoint Christophe Fouquet as new CEO
AMSTERDAM: ASML Holding NV, the world’s leading provider of lithography systems for the semiconductor industry, announced today that it plans to appoint Christophe Fouquet as its new President and Chief Executive Officer, effective from April 24, 2024. Fouquet, who is currently ASML’s Chief Business Officer and a member of the Board of Management, will succeed…
GEO Group appoints Brian Evans as the new Chief Executive Officer
The GEO Group Inc. (NYSE: GEO), a leading provider of correctional and detention facilities, announced today that its Chief Executive Officer, Jose Gordo, will depart from his role and become an advisor to the Company, effective December 31, 2023. Mr. Gordo will advise the Company on various matters, including litigation, client relations, operational issues, growth…
UK car production surges 31.6% in October, reaching highest level since 2019
LONDON: The UK automotive sector has seen a strong recovery in October, with car production increasing for the eighth consecutive month and reaching the highest level since 2019. According to the Society of Motor Manufacturers and Traders (SMMT), more than 91,500 cars were built in October, a 31.6 per cent increase compared to the same…
Amazon launches new chatbot and safeguards for generative AI
Amazon has unveiled a new chatbot called Q that can help businesses with productivity, document summarization, and code editing. The chatbot, which can communicate via apps like Slack, is part of Amazon’s AWS cloud computing service. The company also announced a new service called Guardrails for Bedrock, which allows users to filter out harmful or…
Microlise Group signs deal to acquire Enterprise Software Systems for £8.5m
LONDON, UK: Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, has reached an agreement to acquire Enterprise Software Systems (ESS), a leading provider of transportation management system (TMS) solutions. Founded in 1997 in the UK, ESS has a proven track record as a leading provider of…
Ashtead Technology has acquired ACE Winches for £53.5 million
LONDON, UK: Ashtead Technology Holdings (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, announced the acquisition of the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million. The transaction…