Business Wire

Hero MotoSports Team Rally, the motorsport team of the world’s largest manufacturer of motorcycles and scooters - Hero MotoCorp, has successfully completed the Dakar Rally 2025, reinforcing its position as a formidable force in the world’s toughest rally. The team completed this year’s rally at overall 7th position, registering its second best Dakar performance in nine years, after it finished 2nd overall at the world’s toughest rally last year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250117472643/en/ Hero MotoSports at Dakar Rally Stage 12 (Photo: Business Wire) The team’s young Chilean rider, Nacho Cornejo, delivered a stellar performance, maintaining top-10 standings throughout the rally and securing an overall 7th place finish. Nacho showcased remarkable grit and determination, demonstrating his consistency across the stages. Since Stage 1, he remained in the top-10, climbed to 7th place in Stage 8, and held on to

Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.85 per common share, payable on March 27, 2025, to stockholders of record at the close of business on March 6, 2025. About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority

Jefferies announced today that it will donate $10 million to charities providing aid for first responders and the people and communities impacted by the wildfires across Los Angeles. The donation includes funds from Jefferies, voluntary contributions from its nearly 6,000 worldwide employees, and proceeds from the firm’s January 16 Doing Good Global Trading Day, which set aside 100% of net global trading commissions for charities. Rich Handler, CEO, and Brian Friedman, President of Jefferies, said: “We are so grateful for how the Jefferies network stepped up to support those in need in Los Angeles. These wildfires have inflicted heartbreaking devastation on communities and so many families, and we hope this donation will help deserving charities provide urgently needed relief.” Organization Charity Description Allocation Los Angeles Fire Department Foundation The LAFD is actively seeking funds to equip LAFD members battling wildfires with tools and supplies. $2,000,000 All Hands and He

SLB (NYSE: SLB) today announced results for the fourth-quarter and full-year 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250115789214/en/ The exterior of the SLB headquarters in Houston, Texas. (Photo: Business Wire) Fourth-Quarter Results (Stated in millions, except per share amounts)Three Months EndedChangeDec. 31, 2024Sept. 30, 2024Dec. 31, 2023SequentialYear-on-yearRevenue $9,284 $9,158 $8,990 1% 3% Income before taxes - GAAP basis $1,387 $1,507 $1,433 -8% -3% Income before taxes margin - GAAP basis 14.9% 16.5% 15.9% -151 bps -100 bps Net income attributable to SLB - GAAP basis $1,095 $1,186 $1,113 -8% -2% $0.77 $0.83 $0.77 -7% - Adjusted EBITDA* $2,382 $2,343 $2,277 2% 5% Adjusted EBITDA margin* 25.7% 25.6% 25.3% 8 bps 33 bps Pretax segment operating income* $1,918 $1,902 $1,868 1% 3% Pretax segment operating margin* 20.7% 20.8% 20.8% -11 bps -12 bps Net income attributable to SLB, excluding charges & credits*

Perpetual Atomics is excited to announce this collaboration, which will enable the processing of americium into sealed sources for use in radioisotope power systems, including radioisotope heater units (RHUs) and radioisotope thermoelectric generators (RTGs). This partnership is another step toward supporting sustainable and reliable power solutions for some of the most challenging environments in space. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107229344/en/ Perpetual Atomics Team gathered at the University of Leicester (Photo: Business Wire) A University of Leicester spinout, Perpetual Atomics brings over 20 years of expertise in space nuclear power systems and exploration, delivering innovative, reliable solutions for powering space missions in extreme environments, including "surviving the night." QSA Global, with its extensive expertise in designing and producing commercial radioisotope sealed sources for indust

Gulf Data Hub (“GDH” or the “Company”), one of the largest independent data center platforms in the Middle East focused on serving hyperscale demand across the Gulf countries, and KKR, a leading global investment firm, today announced that funds affiliated with KKR will acquire a stake in GDH. The investment, which is subject to customary regulatory approvals, is being made through KKR’s Global Infrastructure strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250117834785/en/ H.E. Dr Thani Bin Ahmed Al Zeyoudi and H.E. Omar Sultan Al Olama, presiding over the official signing of the strategic partnership between KKR and Gulf Data Hub by Tara Davies Co-Head of KKR EMEA and Co-Head of European Infrastructure and Tarek Al Ashram, CEO of Gulf Data Hub (GDH) (Photo: Business Wire) Established in 2012 and headquartered in Dubai, GDH, is one of the largest independent carrier and vendor neutral data center platforms in the Mi

Responding to growing market demand for an industry solution for codec licensing in the video distribution market, Access Advance LLC (“Advance”) is pleased to announce the launch of its Video Distribution Patent (“VDP”) Pool. The VDP Pool will build upon the success of Advance’s existing HEVC and VVC Advance Patent Pools, which are supported by a substantial majority of video codec implementers and patent owners. It will provide a single one-stop-shop license, covering internet streaming with all four of the most recently developed video codecs (i.e., HEVC, VVC, AV1, and VP9) available today, with fixed tiered pricing scaled to the size of the video distributor’s business. This structure provides simplicity and predictability to internet video distributors, allowing them to choose which codec(s) to use based on technical and business merits rather than royalty costs or the need to negotiate multiple licenses. According to Peter Moller, CEO of Advance, “In recent years, the industry ha

CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information, and analytics in the property markets, has announced a significant new client partnership with Bidwells, a leading UK real estate advisor, specialising in science & technology, sustainability, and modern living solutions. This partnership enables Bidwells to leverage CoStar’s unrivalled commercial real estate data and analytics platform as it looks to further expand its business by tracking the market and executing strategies based on trends it identifies across multiple property sectors and regions. With access to CoStar’s extensive insights on property values, market conditions, occupancy levels, and availability, Bidwells will also enhance its ability to deliver data-driven advisory services to its clients which include many of the UK’s leading investors. “At CoStar Group, we are committed to helping our clients discover properties, gain valuable mar

The U.S. Food and Drug Administration (FDA) today authorized ZYN nicotine pouches making ZYN the first and only authorized nicotine pouch in the United States. The FDA’s authorization of all ZYN nicotine pouches currently marketed by Swedish Match in the U.S. is an important step to protect the public health by providing better alternatives to cigarettes and other traditional tobacco products for adults 21+. “An estimated 45 million Americans regularly consume nicotine and about 30 million of them smoke, the most harmful form of nicotine consumption,” said Tom Hayes, president of Swedish Match North America, LLC. “The FDA’s decision recognizes the role that ZYN can play in the protection of the public health by helping people switch from cigarettes and other traditional tobacco products.” The FDA authorized the following products: ZYN Cool Mint 3 mg ZYN Cool Mint 6 mg ZYN Peppermint 3 mg ZYN Peppermint 6 mg ZYN Spearmint 3 mg ZYN Spearmint 6 mg ZYN Wintergreen 3 mg ZYN Wintergreen 6 mg

Leading global professional services firm Alvarez & Marsal (A&M) has announced the promotion of 80 professionals, across Brazil, Canada, France, Germany, India, Italy, Spain, Sweden, United Arab Emirates, United Kingdom, and the United States, to the position of Managing Director. Tony Alvarez II and Bryan Marsal, A&M’s Co-Founders, stated, “All of our newly promoted Managing Directors embody the talent and leadership necessary to deliver exceptional results that create value for A&M’s clients. Their contributions to the growth of our firm and the clients we serve cannot be understated. From around the world and across our many lines of service, they exemplify A&M’s unwavering commitment to integrity, quality and objectivity, and are essential to the firm’s continued success and expansion.” Automotive & Industrials Russell Hunt, Houston Jack Kobus, Detroit Long Nguyen, Washington, D.C. Consumer & Retail Luis De Lencquesaing, New York Christopher Disa, New York Phani Mogalapu,Houston Co

Cognite, the global leader in AI for industry, today announced it has been named a Leader in the Verdantix Green Quadrant: Industrial Data Management Solutions 2025 report for providing a market-leading DataOps and AI platform for enterprise-scale, complex Industrial Data Management (IDM) projects. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114915194/en/ Verdantix Green Quadrant: Industrial Data Management Solutions 2025 (Graphic: Business Wire) The report recognizes Cognite's platform, Cognite Data Fusion®, for its deeply configurable unstructured and structured industrial data orchestration, fast-paced product development, and world-class offering for complex asset-heavy industrial data and AI projects. Cognite received a perfect score for its ‘data modeling’ capabilities, the foundational element of Cognite Data Fusion® that enables Cognite customers to adapt to emerging trends and stay ahead in a rapidly evolving

Andersen Global strengthens its presence in Asia Pacific through a Collaboration Agreement with leading commercial law firm Howards Lawyers in Fiji. Founded in 1986, Howards is led by Managing Partner William “Wylie” Clarke and specializes in tourism, banking, and infrastructure. The firm provides comprehensive legal services to multinational companies, government entities, high-net-worth individuals, and clients across public and private sectors, with expertise spanning governance, employment law, commercial transactions, corporate finance, security documentation, debt recovery, environmental law, construction, aviation, corporate law, and contracts law. “Fiji serves as a gateway to the South Pacific, providing unparalleled connectivity for businesses expanding into the region,” said Wylie. “As one of Fiji’s well-established legal firms, we remain committed to delivering exceptional client service while expanding our capabilities to offer comprehensive solutions and build lasting clie

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the third quarter ended Dec 31, 2024, as approved by its Board of Directors. “We closed Q3FY25 with a revenue of USD 1.14 billion, registering a sequential growth of 1.8% in constant currency and 1.1% in USD terms. Our differentiated AI strategy has helped us record our highest-ever order inflow of USD 1.68 billion, laying the foundation for future growth. Our ongoing investments in AI, including new partnerships and specializations, and accolades, support our efforts to continue growing as we enter CY25.” - Debashis Chatterjee, Chief Executive Officer and Managing Director Key financial highlights: Quarter ended Dec 31, 2024 In USD: - Revenue at $1,138.7 million (+1.1% Q-o-Q / +5.1% Y-o-Y) - Operating Margin (EBIT) at 13.8% - Net profit at $128.1 million (-14.3% Q-o-Q / -8.8% Y-o-Y) In INR: - Revenue at Rs 96,609 million (+2.4% Q-o-Q / +7.1%

Svante Technologies Inc. (Svante), a leading innovator in carbon capture and removal technology, and Tenaska, a prominent CO2 transportation and sequestration service provider, have signed a Memorandum of Understanding (MOU) to collaborate on delivering cost-effective, integrated solutions for industrial carbon capture and storage (CCS). This collaboration represents a significant step toward addressing global industrial emissions and advancing the decarbonization of many industrial sectors, including pulp & paper, cement, steel, oil & gas, and more. Under the terms of the non-exclusive MOU, Svante and Tenaska will combine their technology and services to provide end-to-end CCS value chain solutions to select customers. Svante’s cutting-edge solid sorbent-based carbon capture technology will facilitate efficient, environmentally responsible CO2 capture, while Tenaska will provide regional planning and infrastructure for CO2 transportation and storage. Tenaska is advancing a platform of

Golub Capital announced that 2024 was marked by solid investor performance, strong deal activity with private equity sponsors, record fundraising, continued global expansion and growth in its impact philanthropy programs. For Golub Capital, 2024 represented another year of delivering consistent results for its stakeholders, demonstrating the reliability the Firm highlighted in the theme of its annual investor conference: “30 Years of Good Boring.” “At Golub Capital, we have built our business around the belief that relationships matter, and we seek to strengthen our relationships by delivering so reliably for our partners that it is a bit boring— but in a good way,” said David Golub, President of Golub Capital. “We are pleased that in 2024 we were again successful in serving the needs of our investors, private equity firm clients, other business partners and our team. As we look ahead to the next 30 years and beyond, we are especially thankful to our clients, many of whom we have worke

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 it has been honored by clients and the industry with multiple buyer’s choice, service and leadership awards, recognizing its commitment to delivering top-quality service and deep value for its clients. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250116827712/en/ Rimini Street Honored by Clients and Industry with Buyer’s Choice, Service and Leadership Awards (Graphic: Business Wire) Winner of Trust Radius 2025 Buyer’s Choice Award Based solely on vetted, unbiased customer reviews, the Trust Radius Buyer's Choice Awards honor organizations chosen as best in three key areas: capabilities, value for price, and customer relationship. Reviewers are asked if the company and its support teams live up to expectations,

Vespa.ai, developer of the leading platform for building and deploying large-scale, real-time AI applications powered by big data, has released a new benchmark report showcasing its superior performance, scalability, and efficiency in comparison to Elasticsearch. The comprehensive, reproducible study tested both systems on an e-commerce search application using a dataset of 1 million products, evaluating write operations (document ingestion and updates) and multiple query strategies: lexical matching, vector similarity, and hybrid approaches. This experience was shared by Vinted.com—a leading platform for second-hand items. Facing growing operational costs and hardware demands with Elasticsearch, Vinted Engineering conducted a separate evaluation. Seeking an all-in-one solution for both vector and traditional search, Vinted’s engineering team migrated to Vespa in 2023. For a deeper look at their evaluation and migration, read the Vinted Engineering blog post, “Search Scaling Chapter 8:

ZAPI GROUP, a global leader in vehicle electrification, announces it will host its fourth Future of Electrification virtual conference on February 26-27, 2025. Building on the success of previous years, this year's conference will examine trends in the worldwide shift toward electrification, challenges and opportunities across different geographical regions, and the latest innovations driving adoption and transformation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250116503457/en/ ZAPI GROUP’s Future of Electrification 2025 virtual conference takes place on February 26-27. (Graphic: Business Wire) Presented by ZAPI GROUP, an electrification leader since 1975, the conference will provide insights into market dynamics, technology, and regulatory factors shaping the electrification movement. Centered on the theme “Innovating for Change,” presenters will share leadership expertise in the industrial electrification space, disc

Brightcove (NASDAQ: BCOV), the world’s most trusted streaming technology company, today announced it has earned the ISO/IEC 27001 certification. This internationally recognized standard confirms Brightcove's dedication to maintaining the highest level of information security management for the company and its global customers across various sectors, including media, enterprise, tech, retail, financial services, and hospitality. The ISO/IEC 27001 certification further advances Brightcove's strict approach to data security. Earning the certification involves meeting rigorous standards that dictate how organizations should manage and secure information assets. "Achieving the ISO/IEC 27001 certification is a testament to our unwavering commitment to security at every level of our operations to protect Brightcove and its customers," said Karen Holmes, Head of Business Security at Brightcove. "The work our teams put in daily to keep our customers safe reflects Brightcove’s leadership in sett

Novotech, the leading global full-service clinical Contract Research Organization (CRO), has released a comprehensive report analyzing the global clinical trial and drug development landscape for Triple-Negative Breast Cancer (TNBC). The report highlights significant advancements in therapeutic strategies, regional clinical trial activity, and evolving biomarkers driving innovative TNBC treatments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113960593/en/ A Highly Aggressive Breast Cancer Subtype TNBC, representing 10-15% of breast cancer cases worldwide, is characterized by the absence of key receptors (ER, PR, HER2), limiting the efficacy of targeted hormonal therapies. Despite advances, TNBC remains associated with poor survival rates, with metastatic cases exhibiting five-year survival of under 12%. Global Clinical Trial Insights From 2019 to 2024, over 1,500 clinical trials for TNBC were initiated globally, highli