PASADENA: Green Dot Corporation announced that Greg Quarles has been appointed Chief Executive Officer of Green Dot Bank, effective June 15, 2020. He will report to Green Dot Corporation Chief Executive Officer, Dan Henry. “Greg is a highly respected and accomplished executive who understands what’s needed to drive the bank’s success in the future,” said…
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Apple’s App Store ecosystem facilitated over half a trillion dollars in commerce in 2019
CUPERTINO: Apple announced the App Store ecosystem supported $519 billion in billings and sales globally in 2019 alone. The new study, conducted by independent economists at Analysis Group, found that the highest value categories were mobile commerce (m-commerce) apps, digital goods and services apps, and in-app advertising. The results encapsulate the full sweep of the…
Fortanix expands operations in Asia Pacific as global demand for data security solutions grows
MOUNTAIN VIEW: Fortanix Inc. announced the expansion of its operations in the Asia Pacific region to continue meeting the growing global demand for its data security solutions. Fortanix is recruiting partners across all Asia Pacific regions and provides an opportunity for partners to offer new innovative data security solutions to their customer base, while creating…
Celanese Corp announces Vinyl Acetate Monomer price increases
DALLAS: Celanese Corporation, a global chemical and specialty materials company, will increase list and off-list selling prices for vinyl acetate monomer. The price increases below are for orders shipped and will be effective as of July 1, 2020, or as contracts otherwise allow, and are incremental to any previously announced increases. Celanese Corporation is a…
Revegy named a Top Sales Tool of 2020 by Nancy Nardin
ATLANTA: Revegy, a leading customer revenue optimization platform for account planning and opportunity management, announced its recognition as a Top Sales Tool of 2020 by Nancy Nardin. This is the seventh consecutive year that Revegy has earned a place on Nardin’s annual list. The Top Sales Tools Guide culls a list of 600 reputable vendors…
Walmart partners Shopify to expand online business
BOSTON: Walmart Inc. (NYSE: WMT) has partnered with e-commerce firm Shopify Inc (NYSE: SHOP), as it looks to expand its online marketplace business and cash in on the coronavirus-driven jump in online shopping. Online sales at retailers, from cosmetics makers to pizza chains, have boomed in the wake of the COVID-19 pandemic, which has forced…
BrainChip successfully launches the Akida Early Access Program
ALISO VIEJO: BrainChip Holdings Ltd, a leading provider of AI technology, announced an Early Access Program (EAP) for the Akida neural processor System-on-Chip (SoC). The EAP has been targeted at specific customers in a diversity of end markets for early adoption of the Akida device. Since announcing the start of wafer fabrication in April 2020,…
Spectra7 announces first quarter financial results, revenues decline 89%
SAN JOSE: Spectra7 Microsystems Inc., a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced its unaudited financial results for the three months period ended March 31, 2020. Q1 2020 Financial Summary: Revenue for Q1 2020 was approximately $0.1 million, representing a decrease of approximately 89% over the prior quarter and approximately…
Dr. Reddy’s Laboratories enters into a licensing agreement with Gilead Sciences for Remdesivir
PRINCETON: Dr. Reddy’s Laboratories has entered into a non-exclusive Licensing Agreement with Gilead Sciences, Inc. (Gilead) that will grant Dr. Reddy’s the right to register, manufacture and sell Gilead’s investigational drug, Remdesivir, a potential treatment for Covid-19, in 127 countries including India. Dr. Reddy’s will receive technology transfer from Gilead for manufacturing of this drug….
Mitsui and Yamasa complete Spaceflight acquisition
SEATTLE: Satellite rideshare launch provider Spaceflight Inc. announced its acquisition by Mitsui & Co., Ltd., in partnership with Yamasa Co., Ltd., is now complete with the final review of the Committee on Foreign Investment in the United States (CFIUS). In February 2020, Spaceflight’s parent company, Spaceflight Industries, announced it had signed an agreement with the…
Westcliff University launches new college of technology and engineering
IRVINE: Westcliff University is announcing the launch of its new College of Technology and Engineering (COTE). As a teaching and learning institution that embraces innovation and discovery, the COTE at Westcliff is appealing to a broad range of students who are seeking advanced degrees in fields of emerging technology. The college, led by Dr. George…
GigNet completes installation of 14-kilometer fiber-optic broadband network
CHICAGO: GigNet, a digital infrastructure company with a 200-kilometer fiber-optic broadband network from Costa Mujeres to Cancun to Tulum, has completed the installation of an additional 14-kilometer fully redundant fiber-optic broadband network from downtown Tulum along the Hotel Zone to the entrance of the Sian Ka´an Biosphere Reserve. Victor Mas Tah, Mayor of Tulum, said,…