SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Expensify, Inc. of Class Action Lawsuit and Upcoming Deadline – EXFY

NEW YORK, Dec. 10, 2023 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Expensify, Inc. (“Expensify” or the “Company”) (NASDAQ: EXFY) and certain officers. The class action, filed in the United States District Court for the District of Oregon, and docketed under 23-cv-01784, is on behalf of a class… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Expensify, Inc. of Class Action Lawsuit and Upcoming Deadline – EXFY

New Hybrid Treatment Forces Cancer Cells to Starve

NEW YORK, Dec. 9, 2023  /PRNewswire/ — The combination of a drug and a protein fragment prevents the growth of blood cancer cells, a new study in mice shows.  The work addressed multiple myeloma, a cancer that forms in blood cells that normally fight infections by making proteins that remove germs. The cancerous cells build… Continue reading New Hybrid Treatment Forces Cancer Cells to Starve

SEC Chair Warns AI “Herding” Could Drive Markets “Off an Inadvertent Cliff”

Beware a financial “monoculture” created by AI. Hive Mind Last month, chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler warned that it’s “nearly unavoidable” that AI will lead to financial economic crisis. Now, at an event with The Messenger, Gensler has reiterated those fears, saying AI’s growing role in the financial sector… Continue reading SEC Chair Warns AI “Herding” Could Drive Markets “Off an Inadvertent Cliff”

Why automakers are turning to hybrids in the middle of the industry’s EV transition

2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties… Continue reading Why automakers are turning to hybrids in the middle of the industry’s EV transition

American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business

STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ — The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners (“AIP”), for the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP (“SSW”). The transaction with American Industrial Partners Capital Fund VII… Continue reading American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business

American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business

STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ — The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners (“AIP”), for the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP (“SSW”). The transaction with American Industrial Partners Capital Fund VII… Continue reading American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business

Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

Successful funding round led by renowned international investors and regional corporate investment arms Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels SINGAPORE, Dec. 7, 2023 /PRNewswire/ — Klook, Asia’s leading platform for experiences and travel services, announces that it has successfully completed a US$210 million financing, supporting business growth and… Continue reading Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

Successful funding round led by renowned international investors and regional corporate investment arms Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels SINGAPORE, Dec. 7, 2023 /PRNewswire/ — Klook, Asia’s leading platform for experiences and travel services, announces that it has successfully completed a US$210 million financing, supporting business growth and… Continue reading Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business

STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ — The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners (“AIP”), for the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP (“SSW”). The transaction with American Industrial Partners Capital Fund VII… Continue reading American Industrial Partners Capital Fund VII to Acquire Veoneer’s Restraint Control Systems Business