Companies

Lupin Announces Abdelaziz Toumi as CEO of New Subsidiary LMS

Lupin Announces Abdelaziz Toumi as CEO of New Subsidiar...

Lupin, a global leader in pharmaceuticals, has announced the appointment of Abdelaziz Toumi as the Chief Executive Officer of its newly established subsidiary, Lupin Manufacturing Solutions (LMS). This strategic move marks a significant ste...

Care/of Shutting Down: Personalized Vitamin Service Ends Operations

Care/of Shutting Down: Personalized Vitamin Service End...

Personalized vitamin subscription service Care/of has announced it will cancel all subscriptions as of Monday, June 17, and will no longer accept new orders.

Kerevitaş Increases Revenue to $174 Million in the First Quarter

Kerevitaş Increases Revenue to $174 Million in the Firs...

Kerevitas has announced its financial results for the first quarter of 2024, reporting a significant increase in net revenue. The company achieved a net revenue of $174 million, marking a 20% rise compared to the same period last year. Duri...

TensorOpera's New Move: Fox-1 Small Language Model Enhances Generative AI Experience

TensorOpera's New Move: Fox-1 Small Language Model Enha...

TensorOpera, the company behind "Your Generative AI Platform at Scale," has introduced its latest innovation, the TensorOpera Fox-1. This small language model (SLM) with 1.6 billion parameters is set to revolutionize the generative AI field...

Biotech Startup InduPro Secures $85 Million in Series A Funding

Biotech Startup InduPro Secures $85 Million in Series A...

InduPro, a pioneering biotech startup, has successfully secured $85 million in its Series A funding round. This significant investment round was co-led by The Column Group and Vida Ventures, with additional participation from MRL Ventures F...

Adobe Achieves Largest Gains Since 2020 Following AI Sales Success

Adobe Achieves Largest Gains Since 2020 Following AI Sa...

Adobe Inc. shares experienced their most significant rise in over four years after the company projected strong future sales for its creative products, indicating that customers are embracing the company’s new artificial intelligence-based ...

Hepsiburada Reports Better-Than-Expected Sales in Q1

Hepsiburada Reports Better-Than-Expected Sales in Q1

Hepsiburada's total sales volume surged by 138% year-over-year in the first quarter, reaching 35.2 billion Turkish Lira, surpassing growth expectations.

T-Mobile Secures $2.67 Billion Defense Contract with U.S. Navy

T-Mobile Secures $2.67 Billion Defense Contract with U....

T-Mobile has been awarded a significant contract by the U.S. Department of the Navy valued at $2.67 billion under the Spiral 4 agreement. Announced today, this contract positions T-Mobile as the wireless solutions provider for all Departmen...

Renewable Energy Pioneers Unite to Launch ReCreate in the US Solar Market

Renewable Energy Pioneers Unite to Launch ReCreate in t...

Dean Solon, a trailblazer in the renewable energy sector and the Founder, CEO, and President of Create Energy, has joined forces with Hamlet Tunyan, CEO of RECOM Technologies, to announce the launch of ReCreate. This innovative venture aims...

Rystad Energy: Japan Could Achieve Energy Independence by 2060

Rystad Energy: Japan Could Achieve Energy Independence ...

Rystad Energy CEO Jarand Rystad has stated that Japan could achieve energy independence by 2060 through the expansion of solar and wind power along with storage batteries. Currently, Japan imports most of its energy resources, relying heavi...

Yahoo Expands AI Integration with New Summaries Feature

Yahoo Expands AI Integration with New Summaries Feature

In a bid to rejuvenate its offerings, Yahoo continues its foray into artificial intelligence, recently launching a series of AI-powered features. Following enhancements to Yahoo Mail, including a prioritization system akin to Gmail's Priori...

Infineon Technologies Honored with "Corporate Brand of the Year" at German Brand Awards

Infineon Technologies Honored with "Corporate Brand of ...

Infineon Technologies AG has been awarded the prestigious German Brand Award in the "Excellent Brands – Corporate Brand of the Year" category. This recognition by the German Council of Design highlights Infineon's exceptional efforts in bra...

LC Waikiki Expands African Presence with 150th Store in Ivory Coast

LC Waikiki Expands African Presence with 150th Store in...

LC Waikiki, the global fashion retail brand from Turkey, continues its steady growth in Africa with the opening of its 150th store on the continent. The new store is located in Abidjan, the largest city in Ivory Coast, specifically in the T...

Dedrone Unveils DedroneOnTheMove to Combat Unauthorized Drone Threats

Dedrone Unveils DedroneOnTheMove to Combat Unauthorized...

Dedrone, a global leader in smart airspace security, has launched its latest airspace security solution, DedroneOnTheMove (DedroneOTM). This innovative solution extends Dedrone's capabilities, offering agile, modular, and adaptable counter-...

Comviva Makes New Appointments in Europe and North America

Comviva Makes New Appointments in Europe and North America

Comviva, a global leader in customer experience and data monetization solutions, has announced significant executive appointments in its European and North American markets, aimed at accelerating business expansion and growth. These appoint...

Kuveyt Turk Named "Most Collaborative Bank" at Digital Finance Pioneers Awards

Kuveyt Turk Named "Most Collaborative Bank" at Digital ...

Kuveyt Turk, a leading Turkish participation bank, has been recognized as the "Most Collaborative Bank" at the “Digital Finance Pioneers” awards organized by KPMG Turkey and FINTR. The bank, through its API Market platform established in 20...