ATLANTA: Health Discovery Corporation, an intellectual property development company with an intellectual property portfolio using patent protected advanced mathematical techniques, announced that it has filed an infringement lawsuit against Intel Corporation. This infringement suit pertains to Health Discovery’s Support Vector Machine-Recursive Feature Elimination methods (SVM-RFE) patents. On February 27, 2019, the United States Patent and…
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Lineage Logistics signs definitive agreement to acquire Ontario Refrigerated Services
NOVI: Lineage Logistics LLC, the world’s largest and most innovative provider of temperature-controlled logistics solutions, announced it has signed a definitive agreement to acquire Ontario Refrigerated Services Inc. (ORS), a leading family-operated cold storage company offering temperature-controlled space in the Greater Toronto market, marking Lineage’s entrance into the Canadian market. Established in 2003 by Founder…
Sierra Wireless to sell its China based product line for US$165 million
VANCOUVER: Sierra Wireless, the leading IoT solutions provider, announced a definitive agreement to divest its Shenzhen, China-based automotive embedded module product line for US$165 million in cash. The purchaser, Rolling Wireless (H.K.) Limited, is a consortium led by Fibocom Wireless Inc. of Shenzhen (Shenzhen Stock Exchange Code 300638). “This divestiture enables Sierra Wireless to strengthen…
Most expensive schools criticised for turning a blind eye to bullying
GENEVA: Dr Eric Debarbieux, Professor Emeritus University of Paris-Est and a member of the International Observatory of Violence in Schools, has warned that some private schools are failing to protect their students from bullying and uphold values of tolerance and respect. Dr Eric Debarbieux has discussed how some schools are failing to adequately train their…
Silver Lake enters into exclusive negotiations to acquire Groupe Meilleurtaux
PARIS: Groupe Meilleurtaux, Silver Lake and West Street Capital Partners have entered into exclusive negotiations under which Silver Lake would acquire a majority stake in Groupe Meilleurtaux from West Street Capital Partners VII. Management would re-invest in Meilleurtaux alongside Silver Lake, a news release said. Hervé Hatt and Guillaume Autier, Chairman and CEO of Groupe…
Governments must step in now to stop the erosion of women’s economic security
TORONTO: Mounting evidence of the challenges facing women in Canada’s economic recovery demand immediate action, says United Steelworkers (USW) National Director Ken Neumann. “The gender gap existed before the pandemic. In the crisis, women lost more jobs than men, and those jobs are slower to return. Federal and provincial governments must step in now to…
BJ’s Wholesale Club announces plans to open two new clubs in New York
WESTBOROUGH: BJ’s Wholesale Club, a leading warehouse club operator in the Eastern United States, announced that the company is opening two new club locations in New York in early 2021. Located in Long Island City and Newburgh, the two clubs will bring local families 25% savings compared to grocery store prices and mark the 220th…
Nearly 3 out of 4 business leaders see cybersecurity as a top priority in covid-19 recovery
SYDNEY: A CrowdStrike report reveals nearly 3 out of 4 business leaders see cybersecurity as a top priority in covid-19 recovery. Despite severe economic downturn, organizations expect increased technology budgets to support escalated digital transformation in today’s new business normal. CrowdStrike Inc., a leader in cloud-delivered endpoint protection, today announced the release of the 2020…
Topolewski America gets multi-state, multi-year environmental cleanup contract
LAS VEGAS: Topolewski America is awarded the multi-state, multi-year environmental cleanup contract, a news release said. Through vigorous efforts of several federal, state and county governments the contract has been awarded through the federal government’s WIFIA Loan Program to clean up, remediate and restore several troubled areas requiring Topolewski’s expertise in cleaning up these challenged…
PLTW delivers distance-learning support to teachers, students, and caregivers across America
INDIANAPOLIS: Project Lead The Way (PLTW) released distance learning support, a full suite of resources that schools can utilize to enhance their distinct distance learning needs for teachers, students, and caregivers. While the COVID-19 pandemic continues to impact communities across America differently, PLTW’s distance learning support will be available through different platforms such as distance…
The New York Times Company acquires Serial Productions, forms alliance with “This American Life”
NEW YORK: The New York Times Company would acquire Serial Productions, the company that produces the groundbreaking “Serial” podcast, a news release said. In addition to the acquisition, The Times also announced that it had entered into an ongoing creative and strategic alliance with “This American Life” that will enable it to continue to collaborate…
Bombardier reports better than expected cash usage and a new $1 billion credit facility
MONTREAL: Bombardier reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed by HPS Investment Partners, LLC to provide a three-year senior secured term loan of up to $1.0 billion. Collectively, these actions provide Bombardier with additional…