Archives

Ford Motor Company (F): Jim Farley To Succeed Jim Hackett As CEO In October

By Amit Chowdhry ● Aug 4, 2020

Today Ford Motor Company (NYSE: F) announced CEO Jim Hackett has decided to retire in October. Hackett will be succeeded by COO Jim Farley.

Perspecta (PRSP) Names Damian DiPippa As SVP And GM Of Intelligence Group

By Dan Anderson ● Aug 4, 2020

Leading U.S. government services provider Perspecta Inc. (NYSE: PRSP) announced that it has selected Damian DiPippa to serve as senior vice president and general manager of its intelligence group.

Clorox Co (CLX): Linda Rendle Promoted As First Female CEO Of The Company

By Amit Chowdhry ● Aug 3, 2020

Consumer products company Clorox Co (NYSE: CLX) announced Linda Rendle has been promoted as the first female CEO of the company. And the quarterly results were also revealed.

Farmers Business Network: $250 Million And Reported $1.75 Billion Valuation

By Amit Chowdhry ● Aug 3, 2020

Farmer’s Business Network -- a leading direct-to-farm ag tech platform and farmer network -- announced the closing of $250 million in Series F funding. And the valuation with this funding round is reportedly $1.75 billion.

Sapiens International (SPNS) Collaborating With AssureSign On Electronic Signature Technology

By Dan Anderson ● Aug 3, 2020

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS) announced it entered into an agreement to partner with AssureSign to expedite customer acquisitions and renewals.

E-Commerce Marketing Company MikMak Raises $10 Million

By Amit Chowdhry ● Aug 3, 2020

MikMak -- a New York-based e-commerce marketing and insights company -- announced that it has raised $10 million in Series A funding.

Primis Announces Engagement-Based Discovery Engine Primis Next

By Amit Chowdhry ● Aug 3, 2020

Video discovery company Primis announced it has launched Primis Next, an engagement-based discovery engine that automatically skips content that users do not want to interact with.

Lordstown Motors To Go Public Through Merger With DiamondPeak Holdings (DPHC)

By Amit Chowdhry ● Aug 3, 2020

Lordstown Motors Corp and DiamondPeak Holdings Corp.(NASDAQ: DPHC) have announced they have entered into a definitive agreement for a business combination to take Lordstown public.

Tyson Foods (TSN) Names Dean Banks As New CEO

By Amit Chowdhry ● Aug 3, 2020

Tyson Foods, Inc. (NYSE: TSN) announced that it has named its president Dean Banks as the new CEO of the company.

MongoDB (MDB) Names Harsha Jalihal As Chief People Officer

By Amit Chowdhry ● Aug 3, 2020

MongoDB Inc (NASDAQ: MDB) announced the appointment of Harsha Jalihal as Chief People Officer.

Why Globant (GLOB) Is Buying gA

By Amit Chowdhry ● Aug 3, 2020

Digitally native technology services company Globant (NYSE: GLOB) announced it has acquired gA. These are the details about the deal.

Livestrong Announces New Leadership Team

By Amit Chowdhry ● Aug 3, 2020

Livestrong announced it has hired four new officers for its leadership team. These are the details.

Zoom Video Communications (ZM) Halting Direct Sales Of Products In China

By Amit Chowdhry ● Aug 3, 2020

Video conferencing app Zoom Video Communications Inc (NASDAQ: ZM) has decided to halt direct sales in China. These are the details.

Virgin Galactic (SPCE) Partners With Rolls Royce To Build Mach 3 Aircraft

By Dan Anderson ● Aug 3, 2020

Integrated aerospace and space travel company Virgin Galactic Holdings Inc (NYSE: SPCE) is partnering with engine company Rolls-Royce Holdings Plc to develop a Mach 3 plane that can travel at 3 times the speed of sound.

Lear (LEA) And Gentherm (THRM) Unveil New Intelligent Thermal Comfort Seating Solution

By Annie Baker ● Aug 3, 2020

Lear Corporation (NYSE: LEA) -- a global automotive technology leader in Seating and E-Systems -- announced it is introducing a new solution in intelligent seating called INTU Thermal Comfort with ClimateSense technology in collaboration with Gentherm Inc (NASDAQ: THRM).

Equifax (EFX) Launches New COVID-19 Response RECOVERY Solution Suite

By Noah Long ● Aug 3, 2020

Today Equifax Inc. (NYSE: EFX) announced the availability of a new Response RECOVERY solution suite. These are the details.

DISH Network Signs Noteworthy Partnership With Tucows (DISH, TCX)

By Dan Anderson ● Aug 3, 2020

DISH Network Corp (NASDAQ: DISH) and Tucows Inc. (NASDAQ: TCX, TSX: TC) announced that DISH has selected Tucows as a technology partner for its retail wireless business.

Feather Receives $30 Million Credit Line From Credit Suisse Group (CS)

By Annie Baker ● Aug 3, 2020

Credit Suisse Group AG (NYSE: CS) is providing a $30 million credit line to furniture rental startup company Feather, according to Crunchbase.

7-Eleven Parent Is Buying Marathon Petroleum’s Speedway In Massive $21 Billion Deal (MPC, SVNDY)

By Amit Chowdhry ● Aug 3, 2020

Seven & i Holdings Co., Ltd. (OTCMKTS: SVNDY) announced it is buying Speedway gas stations from Marathon Petroleum Corp (NYSE: MPC) for $21 billion.

Tailored Brands Inc (TLRD): Men’s Wearhouse And Jos. A. Bank Parent Files For Bankruptcy

By Dan Anderson ● Aug 3, 2020

Tailored Brands Inc (NYSE: TLRD) — the parent company of Men’s Wearhouse and Jos. A. Bank — has filed for bankruptcy protection.

Apple (AAPL) Acquisition Could Radically Disrupt The Mobile Payments Market

By Amit Chowdhry ● Aug 2, 2020

Apple Inc. (NASDAQ: AAPL) has acquired Mobeewave, which is a company that developed technology enabling shoppers to tap a credit card on another device for processing a payment.

Siemens AG (SIEGY) Spinoff Healthineers Buying Varian Medical Systems (VAR) For $16.4 Billion In Cash

By Amit Chowdhry ● Aug 2, 2020

The Healthineers arm of Siemens AG (OTCMKTS: SIEGY) is buying Varian Medical Systems, Inc. (NYSE: VAR) for about $16.4 billion in cash.

Domino’s Pizza, Inc. (DPZ) Promotes Art D’Elia To Chief Marketing Officer

By Amit Chowdhry ● Aug 2, 2020

This past week, Domino's Pizza, Inc. (NYSE: DPZ) announced it has promoted Art D’Elia as the company’s chief marketing officer.

DarioHealth (DRIO): $28.6 Million Private Placement Closed With Accredited Investors

By Noah Long ● Aug 2, 2020

DarioHealth Corp (NASDAQ: DRIO) -- a pioneer in the global digital therapeutics market -- announced that it has closed a private placement transaction with accredited investors totaling aggregate gross proceeds of about $28.6 million.

Beyond Meat Inc (BYND) Signs Compelling Deal With Wawa

By Amit Chowdhry ● Aug 2, 2020

Plant-based meat alternative company Beyond Meat Inc (NASDAQ: BYND) has signed a compelling new deal with Wawa.

General Motors and EVgo Partnering To Triple Fast Charging Network

By Amit Chowdhry ● Aug 2, 2020

General Motors Company (NYSE: GM) and EVgo announced a partnership with a goal of tripling the size of the nation’s largest public fast-charging network.

Sanofi And GlaxoSmithKline Sign $2.1 Billion Vaccine Deal With U.S. Government

By Dan Anderson ● Aug 2, 2020

The U.S. government has committed to paying as much as $2.1 billion to COVID-19 vaccine partners Sanofi SA (NASDAQ: SNY) and GlaxoSmithKline plc (NYSE: GSK).

Porch.com Combining With SPAC Company PropTech Acquisition Corp (PTAC) To Go Public

By Amit Chowdhry ● Aug 1, 2020

Special purpose acquisition company PropTech Acquisition Corp (NASDAQ: PTAC) and Porch.com entered into a definitive agreement which would result in Porch becoming a publicly listed company.

Rambus (RMBS): Greg Lang Joins The Board

By Amit Chowdhry ● Jul 31, 2020

Rambus Inc. (NASDAQ: RMBS) — a premier silicon IP and chip provider that is dedicated to delivering data faster and safer — announced the appointment of Greg Lang to its board of directors.

Redfin (RDFN) CEO Glenn Kelman: Company Is Hiring Agents And Closing Specialists At ‘Breakneck Speed’

By Amit Chowdhry ● Jul 31, 2020

Redfin Corp (NASDAQ: RDFN) recently announced the financial results for the second quarter ended June 30, 2020, on a GAAP basis. These are the details.