Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Instant Payments To Significantly Boost Finances of Young Adults in Europe

Business Wire
According to the latest data, the volume of instant payments in the EU is expected to rise from 7.6 billion transactions in 2023 to 21.2 billion transactions in 2028. ACI Worldwide, a global leader in mission-critical, instant payments technology, today revealed striking new data proving instant paymentsii will boost the......

Hagens Berman Reaches $418 Million Nationwide Settlement with the National Association of Realtors in Real Estate Commissions Antitrust Litigation

Business Wire
Attorneys say the groundbreaking settlement could save consumers billions of dollars a year in broker fees, transform US housing market Today, Hagens Berman announced a settlement agreement with the National Association of Realtors (NAR) which would resolve antitrust claims against NAR in a class-action lawsuit alleging that it conspired with......

Adobe Announces New $25 Billion Stock Repurchase Program

Business Wire
Under the program, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. Adobe announced that its board of directors has approved a new stock repurchase authorization, granting the company authority to repurchase up to $25 billion in common stock through March......

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders

Business Wire
Order Prohibits Further Movement or Use of $533 Million Rightfully and Contractually Owed to Lenders Byju Raveendran and Divya Gokulnath Found to be Working in Concert With Defendants and Must Comply With Order Warrant Issued for Arrest of Camshaft Capital Founder William Morton Who Fled Country Ahead of Hearing The......

M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration

Business Wire
M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback......

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Business Wire
Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge......

QuSecure Launches Crypto-Agile Post-Quantum Cryptography Protection for Cisco Router Network Encryption

Business Wire
QuProtect Core Security Applies Advanced Crypto-Agile PQC to Upgrade Cisco Router-to-Router Communications with Enhanced Telemetry and Orchestrated Encryption Controls QuSecure™, Inc., a leader in post-quantum cryptography (PQC), today unveiled QuProtect Core Security, a product designed to fortify existing Cisco router-to-router communications against emerging quantum threats. Leveraging advanced crypto-agile post-quantum cryptography,......

Wipro Enters into Agreement with Desjardins to Modernize Consumer Banking Services Using its NetOxygen Platform

Business Wire
The solution will improve Desjardins’ consumer lending and credit card business Wipro Limited , a leading technology services and consulting company, today announced that it has been selected by Desjardins to transform their credit solutions for members and clients. Wipro Gallagher Solutions’ (WGS), a Wipro Company and leading provider of......

MicroStrategy Announces Proposed Private Offering of $500 Million of Convertible Senior Notes

Business Wire
MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes. MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of convertible senior notes due 2031 (the......

Zephyr AI Raises $111 Million in Series A Financing

Business Wire
The new funds will enable Zephyr AI to further enhance its analytical speed and fortify its extensive collection of training and validation data sets. Zephyr AI, Inc., a healthcare technology company committed to developing fast and explainable Artificial Intelligence (AI) solutions to democratize precision medicine, today announced it has successfully......
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