Merck signs $610 million deal to acquire Caraway Therapeutics

LONDON, UK: Merck, a global leader in biopharmaceuticals, has announced that it has entered into a definitive agreement to acquire Caraway Therapeutics, Inc., a company specialized in developing novel, small-molecule…

Chenos Kahn November 22, 2023

Wire

AI assistant You.com expands its leadership team and product offerings

You.com, the AI assistant that helps you with various tasks online, has announced two new additions to its executive team and plans to hire more talent as it celebrates a…

NNR November 22, 2023

Wire

Rio Tinto reaches $28 million settlement with Securities and Exchange Commission

LONDON: Rio Tinto has settled a lawsuit with the SEC over its disclosure of the value of Rio Tinto Coal Mozambique (RTCM) in its 2012 financial statements. The SEC had…

NNR November 22, 2023

Wire

Verta launches GenAI Workbench to simplify generative AI app development

Verta, a company that specializes in AI model management and operations, has announced the launch of its GenAI Workbench, a platform that aims to help developers create and refine custom…

NNR November 22, 2023

Wire

Olive AI, a healthcare automation company, to sell its assets in two online auctions

Olive AI, a company that provides artificial intelligence solutions for the healthcare industry, has announced that it will be selling its assets in two online auctions conducted by Silicon Valley…

NNR November 22, 2023

Wire

OpenAI faces turmoil and legal threats; Sam Altman restored as CEO

OpenAI restores Sam Altman as CEO after his tumultuous ouster OpenAI, the artificial intelligence company behind the popular ChatGPT service, is in a state of crisis after its board of…

NNR November 21, 2023

Wire

Colibri Group acquires TRC Healthcare to expand its professional education services

Colibri Group, a company that provides learning solutions to licensed professionals, has announced the acquisition of TRC Healthcare, a leading provider of education and training for healthcare practitioners. The deal…

NNR November 21, 2023

Wire

One Equity Partners to buy TechnipFMC’s Measurement Solutions business

NEW YORK: One Equity Partners, a private equity firm, has agreed to acquire Measurement Solutions business, a business that provides liquid meters and related digital solutions, from TechnipFMC, an oil…

NNR November 21, 2023

Wire

The LYCRA Company appoints Gary Smith as CEO

WILMINGTON: The LYCRA Company, a global leader in the development of innovative and sustainable fiber and technology solutions for the apparel and personal care industry, announced today that Gary Smith…

NNR November 21, 2023

Wire

Leadership change at Goldman Sachs Japan as Masanori Mochida ends 38-year career

Masanori Mochida TOKYO: A new leadership group for its Japan business has been appointed by Goldman Sachs Group Inc. consisting of Shinichi Yokote, Kenro Tsutsumi, Yoshihiko Yano, Etsuko Kobayashi and…

NNR November 20, 2023

Wire

Former Twitch CEO Emmett Shear will join OpenAI as its new chief

Former Twitch CEO Emmett Shear will join OpenAI as its new leader, following the abrupt departure of Sam Altman, according to a confirmed report by CNBC. Shear’s appointment comes amid…

NNR November 20, 2023

Wire

Publix announces leadership changes effective January 1, 2024

Publix, the largest employee-owned company in the U.S., announced today that it will undergo some major leadership changes effective January 1, 2024. The company’s current CEO, Todd Jones, will become…

NNR November 18, 2023