PagerDuty, Inc. (NYSE: PD), a leading provider of digital operations management solutions, announced today that it plans to offer $350 million of convertible senior notes due 2028 in a private placement to qualified institutional buyers. The company also intends to grant the initial purchasers an option to buy up to an additional $2.5 million of…
Unity CEO John Riccitiello steps down, James Whitehurst takes over as interim leader
SAN FRANCISCO: Unity, the world’s leading platform for creating and growing real-time 3D content, announced today that its CEO, President, Chairman and Board member John Riccitiello has retired from his roles, effective immediately. James Whitehurst, a former IBM and Red Hat executive, has been appointed as the Interim CEO, President and Board member. Roelof Botha,…
Oceaneering announces Petrobras Drill Pipe Riser Systems contract
DALLAS: Oceaneering International, Inc. (NYSE:OII) announced that one of its wholly owned subsidiaries, Marine Production Systems do Brasil Ltda., has secured a five-year contract from Petróleo Brasileiro S.A. for the operation of three existing drill pipe riser (DPR) systems to support intervention and completion operations in Brazil. Petrobras also has the option to add a…
OrdinalsBot raises $1 million seed round to boost Bitcoin inscription service
OrdinalsBot, the first automated inscription service in the Bitcoin Ordinals ecosystem, announced today that it had secured more than $1 million in seed funding from several prominent ventures and individuals. OrdinalsBot, founded in February, enables users to store data on Bitcoin using Ordinals, a protocol that leverages the Bitcoin network’s security and immutability. The platform…
Nintendo Switch Successor Release Date, Internal Name, and Price Leaked
According to a new leak, the successor to the Nintendo Switch, which is currently being called the Switch 2, could be released in September 2024. The leaker, SoldierDelta, claims that Nintendo will release two console variants at the same time, a standard model and a digital-only model. The standard model will be priced at $449…
New hybrid cranes arrives at Hutchison Ports BEST terminal
This past weekend, 6 new hybrid cranes arrived at Hutchison Ports group’s BEST terminal. These Shuttle Carriers are key to the terminal’s operations, as they are used for moving containers between the different areas of the facilities. BEST terminal is primarily powered by electricity, which comes exclusively from certified renewable sources. The only equipment in…
Bristol-Myers Squibb to acquire Mirati Therapeutics for up to $5.8 billion
Bristol-Myers Squibb (BMY.N) announced on Sunday that it has agreed to buy Mirati Therapeutics (MRTX.O), a cancer drugmaker with a portfolio of drugs that target the genetic drivers of specific cancers. The deal is worth up to $5.8 billion, including cash and contingent value rights. The acquisition will diversify Bristol’s oncology business and add drugs…
HSBC to buy Citi’s China consumer wealth business
HSBC Holdings Plc has agreed to acquire Citigroup Inc’s consumer wealth portfolio in China, including clients, assets under management and deposits, the two banks announced on Monday. The deal, which covers total deposits and investment AUMs of about $3.6 billion, is expected to close in the first half of 2024. The financial terms of the…
UK to study feasibility of producing anode material from Greenland’s graphite
LONDON, UK: GreenRoc Mining plc, a company developing critical mineral projects in Greenland, has received a grant of about £250,000 from the UK’s Automotive Transformation Fund (ATF) to study the feasibility of setting up a graphite spheronisation processing plant in the UK. The plant would produce active anode material for electric vehicle (EV) batteries and…
Frontier Energy to acquire Waroona Energy, creating a renewable energy giant
SYDNEY, AUSTRALIA: Frontier Energy Limited (ASX: FHE; OTCQB: FRHYF), a leading Australian renewable energy company, has announced that it has signed a binding agreement to acquire Waroona Energy Inc. (TSXV: WHE), a Canadian-based solar developer with projects in Western Australia. The deal will create one of Australia’s largest renewable energy companies, with potential for renewable…
Lincoln Minerals appoints Jonathon Trewartha as new CEO
SYDNEY, AUSTRALIA: Lincoln Minerals Limited (ASX: LML), a mining company focused on developing the Kookaburra Graphite project in South Australia, has announced the appointment of Mr Jonathon Trewartha as its new Chief Executive Officer (CEO), effective November 3, 2023. Mr Trewartha has over 20 years of experience in the mining industry, covering various commodities and…
Metcash Liquor CEO Chris Baddock retires due to health reasons
SYDNEY, AUSTRALIA: Metcash (ASX: MTS), a leading wholesale distribution and marketing company, has announced the retirement of its Liquor CEO Chris Baddock, who has led the business for the past three years. Baddock has overseen a 40% increase in sales across the Liquor pillar, which includes retail and on-premise customers, and owned and exclusive brands….