Resource scarcity is affecting 91% of industrial businesses worldwide: Report

A new report from ABB Motion, a leading provider of electric motors and drives, reveals that resource scarcity is affecting 91% of industrial businesses worldwide, driving them to increase their…

NNR January 31, 2024

Wire

Tesla CEO Elon Musk loses $55 billion pay package after court ruling

Tesla shareholders have won a landmark legal victory against the company's CEO Elon Musk and its board of directors, who had granted Musk an unprecedented $55 billion pay package in…

NNR January 31, 2024

Wire

Deirdre Hanford to lead Natcast, a new center for U.S. semiconductor technology

Deirdre Hanford, a board member of Cirrus Logic, Inc. (NASDAQ: CRUS) since 2018, has been appointed as the CEO of Natcast, a new center for research and engineering in the…

NNR January 31, 2024

Wire

Moveworks expands its global presence with new data center in Australia

Moveworks, the leading AI copilot platform for the enterprise, has opened its first regional data center in Australia, following its recent launches in Canada and the EU. The new data…

NNR January 30, 2024

Wire

Amphenol Corporation to buy Carlisle Interconnect for $2 billion

Amphenol Corporation, a global leader in high-tech interconnect, antenna and sensor solutions, has agreed to acquire Carlisle Interconnect Technologies (CIT), a major supplier of harsh environment interconnect solutions, for $2.025…

NNR January 30, 2024

Wire

Boston Metal secures $20M investment from Marunouchi Innovation Partners

Boston Metal, a company that aims to decarbonize steelmaking with its Molten Oxide Electrolysis (MOE) technology, has secured a $20 million Series C2 investment from Marunouchi Innovation Partners, a Tokyo-based…

Chenos Kahn January 30, 2024

Wire

AQEMIA raises €60M to boost its AI-powered drug discovery platform and pipeline

AQEMIA, a tech-enabled drug discovery company that uses generative AI and deep physics to find new drugs, has secured an additional €30 million investment, bringing its Series A round to…

NNR January 30, 2024

Wire

UPTIQ acquires Focus Treasury and Credit Solutions

UPTIQ, a leading provider of holistic wealth management solutions, announced today that it has acquired Focus Treasury and Credit Solutions, LLC (FTCS), a subsidiary of Focus Financial Partners Inc., a…

NNR January 30, 2024

Wire

Medical Mutual to buy Paramount Health from ProMedica

Medical Mutual, an Ohio-based health insurance company, announced today that it will acquire Paramount Health, a subsidiary of ProMedica, a health system in Northwest Ohio. Paramount offers various health insurance…

NNR January 30, 2024

Wire

United Homes Group acquires Creekside Custom Homes

United Homes Group, Inc. (UHG), a leading homebuilder in the Southeast, has acquired Creekside Custom Homes, LLC, a home builder and land developer in the Coastal region of South Carolina.…

NNR January 30, 2024

Wire

Michelle Gass takes over as Levi Strauss & Co. CEO, expands executive team

Michelle Gass, the former CEO of Kohl's, has officially become the new president and CEO of Levi Strauss & Co. (LS&Co.), succeeding Chip Bergh who led the company for over…

NNR January 30, 2024

Wire

Netpoleon and Adaptive Shield join forces to secure SaaS apps in ANZ

Netpoleon, a leading value-added security solutions distributor, and Adaptive Shield, a SaaS security leader, announced their partnership to help businesses in Australia and New Zealand (ANZ) grow with SaaS applications…

NNR January 30, 2024