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News
15SAP Acquires Belgian AI Firm TechWolf
German company SAP announced that it will acquire Belgian AI skills management firm TechWolf, without disclosing the financial terms of the deal.
CMA CGM Completes $1.4 Billion Acquisition of FedEx Logistics
CMA CGM completes the acquisition of FedEx Logistics for $1.4 billion, adding around 150 facilities and 3.2 million square meters of warehousing to its CEVA arm.
C.H. Robinson Acquires RXO for $5.8 Billion
C.H. Robinson agrees to acquire RXO in a cash-and-stock deal valued at $5.8 billion, creating a logistics group valued at over $25 billion.
Schneider Electric to Acquire PTC for $22.6 Billion at a 42% Premium
Schneider Electric has agreed to acquire US industrial software company PTC in cash for approximately $22.6 billion, at a price of $205 per share and a premium of 42.3%.
Nayax Completes $350 Million Acquisition of IPS Group
Nayax completes the acquisition of IPS Group for $350 million, adding over 250,000 paid parking spaces across four countries.
AMD Acquires Startup World Labs for $8.2 Billion in Stock Deal
AMD has agreed to buy spatial intelligence firm World Labs for $8.2 billion in stock, with the deal expected to close before the end of 2026 subject to regulatory approvals.
Costco Set to Report $94.9 Billion in Revenue in a Test of US Consumer Resilience
Investors await Costco's upcoming financial results on September 24, as forecasts reportedly point to revenue of $94.9 billion, in a real test of how resilient US consumer spending is against rising interest rates.
Abu Dhabi Islamic Bank Reaps Rewards of High Interest Rate Environment with Record Profit Margins
Abu Dhabi Islamic Bank is benefiting from rising interest rates to achieve strong net margins, boosting its profits and placing it at the forefront of beneficiaries from the current monetary environment in the UAE.
Moderna Jumps 17% After Positive Results for Its mRNA Cancer Vaccine in Phase III
Moderna shares jumped 17% after positive Phase III trial results for its mRNA cancer vaccine, boosting sentiment in the biotechnology sector and raising questions about the rally's sustainability.
China Sentences Evergrande Founder Hui Ka Yan to Life Imprisonment
A Chinese court has sentenced Evergrande founder Hui Ka Yan to life imprisonment, concluding China's largest financial fraud case and closing a chapter on one of the country's most severe real estate crises.
Apple Launches Largest Stock Buyback Program Under Tim Cook
Apple announced the largest stock buyback program in its history under the leadership of Tim Cook, in a move that enhances the value of shareholder stakes and signals strong confidence in the company's financial future.
Andreessen Horowitz: Artificial Intelligence Gives Foreign Founders a Competitive Edge
Andreessen Horowitz investors believe that artificial intelligence gives foreign founders a real advantage, narrowing the historical gaps in access to resources that set Silicon Valley apart.
AI Accounting Startup Relate Raises $100 Million and Becomes a Unicorn in 48 Hours
Automated accounting startup Relate raised $100 million and transformed into a unicorn in 48 hours, an extraordinary leap that is reshaping the AI financial software sector.
Michael Polansky Trains AI Model on Live Human Skin
Michael Polansky is working on developing an artificial intelligence model trained on data from live human skin, in a project that combines biology and AI to understand skin and develop treatments for it.
Asian Venture Capital Hits $42.8 Billion in Q2 with DeepSeek at $50 Billion
Venture capital investments in Asia reached $42.8 billion in the second quarter, with DeepSeek raising $7.4 billion at a $50 billion valuation in China's largest funding round.
Articles & Analysis
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The Plan Was Excellent… So Why Did the Project Fail?
An excellent plan, a strong team, and an adequate budget — yet the project was delayed six weeks. The problem was not in the planning, but in the distance between information, decision-making, and execution.
From One Person to an Institution: The Real Journey of the Family Business
Family businesses do not fail because of the family; they succeed because of it when they first start. The problem arises when the business grows while the tools remain small.