Month: July 2024

Byju’s, founded by teacher Byju Raveendran, was valued at $22 billion at its peak but ran into financial and legal problems after its business dried up

VIENNA–(BUSINESS WIRE)–Alpega is excited to announce the return of Connecta, the premier networking event in the European road transport sector, celebrating its 14th edition. Scheduled for October 10th and 11th, 2024, at the prestigious Marriott Auditorium Conference Center in Madrid, this year’s event promises to be the most comprehensive and impactful yet. Unparalleled Networking Opportunities With over 500 professionals from across Europe expected to attend, Connecta 2024 will offer unmatc

HERZOGENAURACH, Germany–(BUSINESS WIRE)–Global sports company PUMA has scaled up its textile-to-textile recycling innovation RE:FIBRE, creating millions of replica football jerseys with a minimum of 75% recycled textile waste and other waste material. For the first time, from the start of the 24/25 season, PUMA football replica jerseys* (featuring 35 Clubs), including those for the Euro and Copa América tournaments, are made from RE:FIBRE. The upscaling builds on the 46,000 RE:FIBRE jerseys p

PITTSBURGH–(BUSINESS WIRE)–Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytics, and investor communications in the investment management industry, today announced further market expansion in Europe with the addition of several new marquee clients, demonstrating the value of the Style Analytics solution. The new clients include Santander Asset Management UK, Norwegian wealth management firm Formues, private bank and wealth management f

EINDHOVEN, Netherlands–(BUSINESS WIRE)–eLstar Dynamics, a leading developer of dynamic glass, has secured a two-million-euro investment from the Dutch family office Panthea. The funds will help complete the development of eLstar’s dynamic glass product, designed to meet the booming demand for sustainable and energy-efficient solutions for buildings and vehicles. “We have seen eLstar grow rapidly in the past couple of years and revolutionize the adaptive glass industry with its strong commitme

Buyers Continue Redevelopment of Media Campus in Burbank, California

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Iris Energy Limited (“Iris” or the “Company”) (NASDAQ: IREN) investors concerning the Company’s possible violations of federal securities laws. On July 11, 2024, Culper Research published a report alleging, among other things, that Iris “talks a big game of its [high performance computing (“HPC”)] plans but ultimately seems entirely disinterested in actually doing what it takes to compete in t

Jamestown Project Opens as State’s Remote Workforce Grows

CHICAGO–(BUSINESS WIRE)–Coldcart, the first orchestration and optimization platform for frozen and refrigerated parcel logistics, announced today that the company closed an oversubscribed $6.5 million seed financing. The round was led by Collide Capital and includes previous convertible note investments led by Material. Great North Ventures, Behind Genius Ventures, Feld Ventures, Alumni Ventures, and Service Provider Capital also participated. Coldcart was founded by CEO Jason Park, who previ