Lumi Shares Soar 30% on Debut on Riyadh Stock Exchange
Shares of Saudi Arabian auto rental firm Lumi soared as much as 30% on Monday at the company’s debut on the Riyadh stock exchange in...
Amazon to invest $4 billion in AI startup Anthropic and partner on generative AI
Amazon, the e-commerce giant, announced on Monday that it will invest up to $4 billion in Anthropic, an artificial intelligence startup that specializes in generative...
PlayStation Plus to lose 16 free games after October 17
PlayStation Plus subscribers will have to say goodbye to some of their favourite games as Sony has announced that 16 titles will no longer be...
Rite Aid negotiating bankruptcy plan to close stores
Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include closing roughly 400 to 500 stores, according to a...
Microsoft to launch Windows 11 Moments update with AI helper Copilot
Microsoft announced that it will release the fourth Moments update for Windows 11 next week, which includes a preview version of Windows Copilot, an AI-powered...
Ausenco to receive majority stake investment from Eldridge, Brightstar, and Claure Group
Eldridge, Brightstar Capital Partners (Brightstar), and Claure Group have entered into a definitive agreement to acquire a majority stake in Ausenco from Resource Capital Fund...
KLDiscovery to acquire Cenza Technologies
KLDiscovery Inc. (KLD), a prominent global provider of electronic discovery, information governance, and data recovery services, has announced a definitive agreement to acquire the business...
Trimlite Equity, L.P. acquires Francis-Schulze Company
Trimlite Equity, L.P. (Trimlite), a portfolio company of Wynnchurch Capital, has recently completed the acquisition of Francis-Schulze Company (F-S), a renowned distributor of exterior door...
Bleecker Street Group acquires maritime software company Ripple
Bleecker Street Group (BSG), a global software holding company, has announced the acquisition of Ripple, a leading integrated maritime software company. The deal is expected...
Abpro Corporation to merge with Atlantic Coastal in $725 million deal
Abpro Corporation, a biotechnology company developing next-generation antibody therapies for severe and life-threatening diseases, has announced a term sheet to enter into a definitive business...
Biologics Consulting Group names Dr. Margaret Vernon as new CEO
Biologics Consulting Group, Inc., a leading regulatory and product development consulting firm for biologics, drugs, and medical devices, has announced the appointment of Dr. Margaret...
Faraday Future appoints Matthias Aydt as new Global CEO
Faraday Future, a California-based electric mobility company, has announced that Matthias Aydt, a long term FF executive, will take over as the new Global CEO...