RIYADH, Saudi Arabia, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Biban24 — Saudi Arabia’s flagship startup and SME forum — set the stage for the advancement of Saudi entrepreneurship, bringing leading and budding entrepreneurs, businesses and investors from around the world together to launch a series of remarkable agreements worth more than $9 billion.

... Read more »

OAKLAND, Calif. & CHICAGO & GENEVA & PARIS 
(BUSINESS WIRE) -- McKay Brothers (“McKay” or “the Company”), a market leader in ultra-low latency market data and wireless networks, today announced that Citadel Securities has made a minority investment in McKay to support the continued growth of its global data and connectivity business.

Under the terms of the transaction, Citadel Securities will receive an equity stake in the Company and McKay’s co-founders, Stéphane Tyč and Bob Meade, will continue to hold the controlling majority of the Company’s equity. Financial terms of the agreement were not disclosed.

McKay will continue to operate independently and under its core business principles, which include offering its subscribers a level playing field and equal access to the lowest latency service.

Bob Meade, McKay co-founder, said: “Citadel Securities’ investment provides ongoing validation ... Read more »

CONSHOHOCKEN, Pa. - Tuesday, 12. November 2024

HR Leader Joins Boomi to Drive Talent Strategies Through Hyper-Growth

Dynamic COO Appointment Signals Boomi’s Strong Commitment to Continued Operational Excellence in Integration and Automation

(BUSINESS WIRE) -- Boomi™, the intelligent integration and automation leader, today announced the addition of two seasoned executives to its leadership team. The appointments come at a pivotal time for the company as it accelerates its global expansion and continues to build on its commitment to operational excellence and an inclusive, high-performance workplace.

New Chief People Officer to Drive Organizational Growth

Effective immediately, Francesca Molinari joins Boomi as Chief People Officer (CPO), bringing a wealth of experience in strategic human resources leadership. With a career spanning over two decades, Molinari has held senior HR roles in prominent organizations and successfully navig ... Read more »

LONDON & NEW YORK - 
Apollo and Motive led a $20 million Series A investment in Vega to scale its alternative asset manager client service technology platform – Vega AltOS – building on Vega’s $8 million seed investment from Motive, Picus Capital, Citi Ventures, and 60+ senior financial services executives.
Apollo has become an enterprise-scale anchor client, using Vega AltOS to power its client services across its institutional, family office, and global wealth channels.
Additionally, Apollo will contribute Edna, one of the largest alternative employee investment platforms in the market with more than $2 billion in employee AUM, into Vega.
 

(BUSINESS WIRE) -- Vega, an alternative investment technology company, founded by a team of former executives from leading hedge funds, private equity firms, and fintech scale-ups, today announced the successful closing of a $20 million Series A led by Apollo (NYSE: APO) and Motive ... Read more »

PARIS - Tuesday, 12. November 2024 AETOSWire

(BUSINESS WIRE) -- Bureau Veritas, a global leader in Testing, Inspection, and Certification services, today announced the acquisition of Versatec Energy B.V., an independent and specialized technical advisory company for the offshore and onshore energy industry. This acquisition is in line with the LEAP | 28 strategy to create a new stronghold in the fast-growing renewables segment, underscoring the Group’s commitment to the energy transition, and strengthening its position as a crucial player in shaping a sustainable and safe energy sector.

Bureau Veritas contributes to accelerating the energy transition by providing customers across the energy sector with end-to-end solutions to meet the immediate and future challenges of developing and operating renewables and other innovative low carbon assets. The acquisition of Versatec Energy B.V. is a strategic move strengthening Bureau Veritas' position as a key partner ... Read more »

(BUSINESS WIRE)--NationsBenefits®, the leading fintech, benefits, and outcomes platform for healthcare, announced the acquisition of Good Measures, the leading platform for Food as Medicine supporting health plans and their members. Good Measures combines clinical coaching, proprietary technology, and personalized food prescriptions to improve health outcomes through food as medicine solutions.

This strategic acquisition positions NationsBenefits as the only vertically integrated platform that seamlessly combines fintech, healthcare, and outcomes. With its over 100 managed care clients, NationsBenefits is already one of the largest providers of healthy food for healthcare through its vertically integrated medically-tailored meals program, NationsMarket, and its Directed Spend flex card platform. By integrating Good Measures’ patented technology and clinical support, available in all 50 states, NationsBenefits will harness the power of food as medicine solutions in ... Read more »

ITASCA, Ill. - Tuesday, 12. November 2024 AETOSWire Print 

New offices launch in response to growing regional demand for logistics expertise in technology, manufacturing

(BUSINESS WIRE) -- AIT Worldwide Logistics, a global supply chain solutions leader, today announced the opening of two new offices in Malaysia—one in Johor Bahru and another in Kuala Lumpur. These strategic additions are part of the company’s continuing organic global expansion to better serve its customers, particularly in the technology and manufacturing sectors, throughout the Asia-Pacific region.

The Johor Bahru office is positioned in one of Malaysia’s key economic states, which is poised for exceptional growth. The office’s location offers unparalleled access to Singapore, fast-growing manufacturing markets, and a technology hub where leading companies have recently established operations. Kno ... Read more »

Abu Dhabi, United Arab Emirates - Tuesday, 12. November 2024

New venture unveils an advanced suite of data security products to protect data assets against increasing cyber threats
Its proprietary technology was developed by experts at Abu Dhabi’s Technology Innovation Institute
 

The Advanced Technology Research Council’s commercialization arm, VentureOne, has launched QuantumGate, a new venture that offers a suite of advanced data security products to protect organizations’ data assets in the quantum era, at CyberQ in Abu Dhabi today.

H.E. Faisal Al Bannai, the Secretary General of ATRC, said, “The quantum era isn’t a distant threat—it is here. The launch of QuantumGate is a pivotal step in safeguarding invaluable data assets against ever-increasing cybersecurity threats. QuantumGate’s sovereign solutions will ensure our country’s and our organizations’ sensitive information stays ... Read more »

Key Topics Include the Growth of Webshops, the Influence of Women Gamers, and the Impact of the Digital Markets Act

(BUSINESS WIRE) -- Xsolla, a global video game commerce company, proudly announces the release of the Autumn 2024 Edition of "The Xsolla Report: The State of Play." This detailed report provides crucial insights, trends, and opportunities shaping the gaming landscape, empowering industry professionals to adapt and thrive in today’s rapidly evolving market.

The Autumn 2024 Edition focuses on mobile gaming, projected to generate $98.7 billion in revenue globally this year, with Asia leading the market at $65 billion. The report also highlights the rising importance of web shops, with 77% of players making pur ... Read more »

RIYADH, Saudi Arabia - Tuesday, 12. November 2024

The second edition of the International Film Criticism Conference, organized by the Saudi Film Commission, concluded today after running from November 6 to 10, in Riyadh. The conference saw a great turnout of culture enthusiasts, industry professionals, filmmakers, and cinema audiences.

Under the title “Sound in Cinema,” the conference explored various facets of cinema, with a focus on the impact of sound on the film experience and its influence on the film industry. The topic covered included original soundtracks, sound effects, and the sounds of nature. More than 40 speakers from 24 countries, including critics, filmmakers, and industry experts, expressed their great interest in the event, given the crucial role sound plays in cinema and its significance in advancing the sector and enriching contemporary film experiences.

The conference featured six workshops led by industry experts, as well as f ... Read more »

SAN MATEO, Calif. - Tuesday, 12. November 2024 AETOSWire

Continued financial progress with $1 billion in quarterly total revenue, reduced GAAP loss and second consecutive quarter of positive non-GAAP operating income
Strengthened franchise leadership in chronic lymphocytic leukemia (CLL) with foundational therapy BRUKINSA global revenue of $690 million, rapidly progressing pivotal programs for late-stage hematology pipeline
Expanded oncology pipeline with four new molecular entities (NMEs) entering the clinic this quarter (eight year-to-date); reaffirmed on track to achieve goal to enter 10+ by end of year; in-house innovative “Fast to Proof of Concept” strategy quickly explores the clinical potential of molecules in parallel, with industry leading speed of execution

(BUSINESS WIRE)--BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced financial results and corporate updates from the third quarter ... Read more »

 (BUSINESS WIRE) -- AstraZeneca today announces $3.5 billion of capital investment in the United States focused on expanding the Company’s research and manufacturing footprint by the end of 2026. This includes $2 billion of new investment creating more than a thousand new, high-skilled jobs contributing to the growth of the US economy.

AstraZeneca’s expanding footprint in the US includes, among others:

• A state-of-the-art R&D centre in Kendall Square, Cambridge, Massachusetts
• A next generation manufacturing facility for biologics in Maryland
• Cell therapy manufacturing capacity on the West and East Coasts
• Specialty manufacturing in Texas

Pascal Soriot, Chief Executive Officer, AstraZeneca said: “Our multibillion dollar investment reflects the attractiveness of the business environment together with the quality of talent and innovati ... Read more »

HERZOGENAURACH, Germany 
(BUSINESS WIRE) -- Sports Company PUMA has been included in the Laureus Sport for Good Index through recognition for multiple initiatives including PUMA’s VOICES OF A RE: GENERATION, RE: FIBRE and RE: SUEDE.

Launched in 2021, the Laureus Sport for Good Index celebrates brands that, through collaboration, innovation and creativity, are making significant contributions across the 17 Sustainable Development Goals (SDGs), as well as aligning their business output with their sports investments and activations.

The Index shines a light on organizations that are having the clearest and most meaningful impact, and to provide compelling evidence for the role that sport can play in driving sustainable change. The brands feature in the Index for their best-in-class sport for good campaigns and purpose-led initiatives implemented over the past 18 months.

Astin Ewington, Head of Partnerships, Laureus: “We are thrilled to unv ... Read more »

LAS VEGAS - Tuesday, 12. November 2024 AETOSWire  

Leading private steel manufacturer gains competitive edge by redirecting savings and IT resources towards its Industry 4.0 initiatives

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced that Gunung Raja Paksi (GRP) has selected Rimini Support™ for S/4HANA to provide comprehensive, proven support for its mission-critical system. This strategic move for the leading Indonesian private steel manufacturer has enabled the funding and staffing of its smart factory project as part of its larger Industry 4.0 initiatives.

Ivan Widjaksono, head of digital transformation at GRP, shared, “With Rimini Street fully supporting our SAP systems, my team can focus 100% on realizing our Industry 4.0 vision. It’s more t ... Read more »