LOS ANGELES: Entertainment Partners, a global leader in payroll and financial management for the entertainment industry, announced Tuesday it has agreed to acquire CASHét Entertainment, LLC, a top provider of digital payment solutions for film and TV productions. The acquisition will enhance EP’s ability to offer faster, more accurate financial services to productions worldwide. CASHét’s…
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Self service gap: Why customer service agents hold the key to adoption
A surprising 60% of customer service agents fail to promote self service options to customers, according to a 2025 Gartner, Inc. survey. This missed opportunity comes at a time when businesses are investing heavily in automation and GenAI tools—yet many customers remain hesitant to embrace digital solutions. The survey, which polled 5,801 customers in January and February 2025, revealed that even…
UKG acquires Shiftboard to expand workforce management solutions for critical industries
LOWELL: UKG, a leading provider of HR, payroll and workforce management solutions, announced Friday it has acquired Shiftboard, a top employee scheduling software platform for mission-critical industries, including oil and gas, energy and manufacturing. Shiftboard, trusted by companies such as BASF, Bridgestone, Daisy Brand and Shell, specializes in solving complex workforce scheduling challenges. Its platform…
pWin.ai raises $10 million in seed funding to expand AI-powered proposal writing platform
RESTON: pWin.ai, an artificial intelligence platform designed to streamline government and business proposal writing, announced Tuesday it has raised $10 million in a seed funding round led by MicroStrategy co-founder Sanju Bansal, Blue Delta Capital and other government contracting (GovCon) industry leaders. The investment will fuel product development, customer acquisition and market expansion for the…
SpyGlass Pharma secures $75 million Series D financing
LOS ANGELES: SpyGlass Pharma has closed a $75 million Series D financing round to advance its ophthalmic Drug Delivery Platform, the company announced Monday. The round was led by Sands Capital, with participation from Gilde Healthcare and existing investors, including New Enterprise Associates, RA Capital, Vensana Capital, Samsara BioCapital and Vertex Ventures HC. The funding…
BioNTech and Bristol Myers Squibb partner to develop cancer treatment
FRANKFURT: BioNTech SE (NASDAQ: BNTX) and Bristol Myers Squibb (NYSE: BMY) announced Monday a global collaboration to co-develop and co-commercialize BioNTech’s experimental bispecific antibody, BNT327, for treating solid tumors. The partnership aims to accelerate the development of BNT327, which targets PD-L1 and VEGF-A, two key pathways in cancer progression. The antibody is currently being tested in multiple global Phase…
Corporación América Airports acquires full ownership of Corporación América Italia
BUENOS AIRES: Corporación América Airports S.A. (NYSE: CAAP), one of the world’s largest private airport operators, announced Thursday it has acquired the remaining 25% stake in its Italian subsidiary, Corporación América Italia S.p.A. (CAI), from the Investment Corporation of Dubai (ICD). The transaction, completed through a share swap agreement, gives CAAP full ownership of CAI, which holds a 62.28%…
Sagtec to acquire Smart Bridge in $17.6 million deal, expanding AI capabilities
HONG KONG: Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software solutions, announced Thursday it has signed a term sheet to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company, for approximately $17.6 million. The proposed deal, priced at roughly 10 times Smart Bridge’s price-to-earnings ratio, is pending a definitive agreement…
JDC Power Systems appoints John Raio as CEO
CONCORD: JDC Power Systems, a leading electrical systems integrator for the data center market, announced Thursday the appointment of John Raio as CEO, effective immediately. Raio brings over 25 years of leadership experience in critical infrastructure, most recently serving as CEO and founding member of Quality Uptime Services, where he expanded the company into a national…
Audi, Indra, Qualcomm launch toll payment project to ease congestion
SUNTRX TEST FACILITY: Indra, Audi of America and Qualcomm Technologies, Inc. are collaborating on a joint project to develop next-generation toll payments using cellular vehicle-to-everything (C-V2X) technology. According to a statement, The initiative aims to reduce congestion, standardize payments nationwide and improve the driver experience. The system, based on the global SAE J3217 C-V2X standard, allows…
Xiaomi unveils Tesla Model Y competitor YU7 in Beijing showrooms
Xiaomi introduced its latest electric SUV in Beijing on Thursday, marking another step in the smartphone maker’s ambitious push into China’s competitive auto market. The YU7, positioned as a rival to Tesla’s popular Model Y, is now on display at 13 Xiaomi retail locations across the capital, with pre-orders set to begin in July. The launch follows the…
MariaDB acquires Codership Oy the developer of Galera Cluster
HELSINKI: MariaDB plc announced Tuesday the acquisition of Finland-based Codership Oy, the developer of Galera Cluster, a high availability database solution known for ensuring uptime, preventing data loss and scaling with database growth. As part of the deal, Codership’s core team, including its founders, will join MariaDB, expanding the company’s European engineering and technical support operations. Galera…