Anghami Secures Significant Investment from OSN Group

Anghami Strengthens Regional Streaming Leadership with up to $55 Million Commitment from OSN Group ABU DHABI, UAE, Dec. 16, 2024 /PRNewswire/ — Building on the success of their partnership, Anghami Inc. (NASDAQ: ANGH) has announced that it secured a significant new round of funding, from OSN Group of up to USD $55 million with a… Continue reading Anghami Secures Significant Investment from OSN Group

Riot Announces Closing of $594.4 Million Convertible Senior Notes Offering

CASTLE ROCK, Colo., Dec. 16, 2024 /PRNewswire/ — Riot Platforms, Inc. (Nasdaq: RIOT) (“Riot” or the “Company”) today announced that it completed its previously announced offering of its 0.75% convertible senior notes due 2030 (the “2030 Notes“). The aggregate principal amount of the 2030 Notes sold in the offering was $594.4 million, which included $69.4… Continue reading Riot Announces Closing of $594.4 Million Convertible Senior Notes Offering

Mapbox Launches Virtual Head Unit in Collaboration with Arm to Accelerate Navigation for Software-Defined Vehicles

The new virtual testbench empowers OEMs to streamline development on Arm-based hardware SAN FRANCISCO, Dec. 16, 2024 /PRNewswire/ — Mapbox, the leading platform for powering location experiences, has launched its Virtual Head Unit (VHU) in partnership with Arm. This cloud-based solution empowers OEMs to expedite integration, testing, and validation of their navigation systems by virtualizing… Continue reading Mapbox Launches Virtual Head Unit in Collaboration with Arm to Accelerate Navigation for Software-Defined Vehicles

BioLife Solutions Appoints Tony J. Hunt to its Board of Directors

BOTHELL, Wash., Dec. 16, 2024 /PRNewswire/ — BioLife Solutions, Inc. (Nasdaq: BLFS) (“BioLife” or the “Company”), a leading developer and supplier of bioproduction tools and services for the cell and gene therapy (CGT) market, announces the appointment of Tony J. Hunt, Executive Chairman of Repligen Corporation (Nasdaq: RGEN) and a recognized leader in bioprocessing innovation, to… Continue reading BioLife Solutions Appoints Tony J. Hunt to its Board of Directors

SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

NEW YORK, Dec. 16, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Symbotic Inc. (NASDAQ: SYM) between February 8, 2024 and November 26, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline in the securities class action first filed by… Continue reading SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

The Institute of Internal Auditors and ACCA Extend MoU for Three More Years

LAKE MARY, Fla., Dec. 16, 2024 /PRNewswire/ — Today the Institute of Internal Auditors (IIA) and the Association of Chartered Certified Accountants (ACCA) announced the extension of their existing memorandum of understanding (MoU). This renewed agreement will further strengthen and extend cooperation between the two bodies, allowing them to continue working closely together to advance… Continue reading The Institute of Internal Auditors and ACCA Extend MoU for Three More Years

Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise

For the year to date, GM has far outpaced its competitors. General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker’s decision to do so was still a disappointing end for an operation that GM had touted as a potential USD 50 billion revenue generator by… Continue reading Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Stellantis this month swiftly re-hired retired executive Timothy Kuniskis to lead Ram, one of its most important brands. Steered by Chairman John Elkann, Stellantis, owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Carlos… Continue reading Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Mahindra brings dolby atmos to BE 6 and XEV 9e electric SUVs

Mahindra has announced the integration of Dolby Atmos technology in its Electric Origin SUV models, BE 6 and XEV 9e, marking Dolby’s first collaboration with an Indian automaker. This partnership introduces an advanced in-car audio experience for Mahindra customers, allowing them to enjoy immersive sound through Gaana, the streaming platform integrated into the vehicles’ infotainment… Continue reading Mahindra brings dolby atmos to BE 6 and XEV 9e electric SUVs

Samvardhana Motherson to buy Brazil-based Baldi Industria for $7.8 million

Samvardhana Motherson International Ltd said its wholly owned subsidiary Samvardhana Motherson Automotive Systems Group B.V. will fully acquire Brazilian auto component maker Baldi Industria E Comercio Ltda in a US$7.8 million deal. Baldi Industria is a tier 2 automotive supplier providing wrapping solutions and soft-touch surfaces for door panels, IP, steering wheels and other interior… Continue reading Samvardhana Motherson to buy Brazil-based Baldi Industria for $7.8 million