2026-01-28, Wed.

NEWS > Business

Lightspeed Closes Over $9B in New Funds Aimed at Backing Category Definers Worldwide Lightspeed Venture Partners raised capital across six vehicles, underscoring the firm’s bespoke fund architecture and deep AI investment track record. MENLO PARK, CALIF. -- Lightspeed Venture Partners (“Lightspeed”) announced the closing of more than $9 billion in committed capital across six distinct, highly selective vehicles, includin ... Nexo Announces Landmark Crypto Partnership with Tennis Australia for Australian Open and Summer of Tennis Nexo has signed a landmark multi-year deal with Tennis Australia, covering the Australian Open and the Summer of Tennis. The partnership delivers exclusive experiences, including a feature in the Coachеs Pod. LONDON -- Nexo, the premier digital assets platform, has entered a landmark multi-year global partnership with Tennis Australia, becoming the Official Crypto Partner of the Australian Open and the Sum ... Megaport Expands into India, Accelerating Global Growth with Extreme IX Acquisition Through the Extreme Exchange (IX) acquisition, Megaport gains seven Internet Exchanges and access to 40+ data centres across India’s fastest-growing digital hubs. BRISBANE, AUSTRALIA -- Megaport Limited (ASX: MP1) (“Megaport”), the world’s leading Network as a Service (NaaS) provider, announced the acquisition of Extreme IX, India’s lead ... PairSoft Announces Majority Growth Investment from TA BOSTON -- PairSoft, a leading provider of procure-to-pay automation and payment solutions, announced a majority investment from TA Associates (“TA”), a leading global private equity firm. ... Survey of 4,300 Executives Shows Rising Push for Faster Innovation, Higher ROI, Stronger Resilience Executives face growing pressure to deliver AI-driven transformation while navigating rising costs, increasing risk and shortages in skilled IT talent.  LAS VEGAS -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-p ... The Rock-It Company Appoints David Byrnes as Chief Financial Officer Entertainment and media veteran joins as The Rock-It Company embarks on a new chapter of global growth and acceleration. NEW YORK -- The Rock-It Company, the global leader in specialty logistics across live events and luxury goods, announced the appointment of David Byrnes as Chief Financial Officer. With decades of ex ... Interactive Brokers Enables 24/7 Account Funding with Stablecoin New funding option offers near-instant processing, lower transfer costs, and expanded access to markets. GREENWICH, CONN. -- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced that eligible clients of Interactive Brokers LLC (IB LLC) can now fund their brokerage ... Cargill Advances Maritime Decarbonisation with Delivery of First Green Methanol Dual-Fuel Vessel Brave Pioneer is the first in a new fleet of chartered vessels designed to scale Cargill’s investment to low-carbon innovation across dry-bulk shipping. GENEVA -- Cargill announced the maiden voyage of Brave Pioneer, the first of five green methanol dual-fuel dry bulk vessels chartered by the company. The deployment of the Brave Pioneer marks another ... Rethinking Campus Laundry: LG Electronics’ “Laundry Lounge” Brings Comfort and Connection to Student Life SEOUL -- For many students, doing laundry is a routine part of dorm life – often functional, but rarely enjoyable. At the University of Tennessee in Knoxville, LG Electronics USA is reimagin ... Andersen Consulting Strengthens Digital Transformation Offering with Addition of Internet & Idee SAN FRANCISCO -- Andersen Consulting enters into a Collaboration Agreement with Internet & Idee, an Italian-based digital consulting agency, enhancing its ability to deliver integrated, tech-drive ... Winston & Strawn and Taylor Wessing UK to Combine, Creating a Premier Transatlantic Law Firm Winston Taylor to build on shared vision and culture in establishing a transatlantic powerhouse for major litigation, critical transactions, strategic IP, and private wealth. CHICAGO & LONDON -- Winston & Strawn and Taylor Wessing’s UK-led business announced their intention to combine, creating a premier transatlantic law firm that would operate under a new s ... Riskified: 25% Refunds Abusive; Launches Dynamic Returns to Protect Revenue, Boost Customer Satisfaction NEW YORK -- Riskified (NYSE: RSKD) a leader in ecommerce fraud and risk intelligence, released a research analysis highlighting a growing customer experience dilemma: As merchants tighten controls to ... Evernote Releases v11, Marking a New Chapter in AI-Powered Productivity MILAN -- Evernote announced the release of v11, its first major product update in five years. The new version includes three powerful AI features—AI Assistant, Semantic Search, and AI Meeting No ... Kioxia Develops Core Technology that Will Allow the Practical Implementation of High-density, Low-power 3D DRAM Showcase the technology of highly stackable oxide-semiconductor channel transistors. TOKYO -- Kioxia Corporation, a world leader in memory solutions, announced the development of highly stackable oxide-semiconductor channel transistors that will enable the practical implementation of ... Visa Unveils New Global Stablecoins Advisory Practice Visa Consulting & Analytics combines advanced payments strategy and expert crypto knowledge to help clients innovate and grow with stablecoins technology. SAN FRANCISCO -- Visa (NYSE: V), a global leader in digital payments, announced the launch of its Stablecoins Advisory Practice. The new value-added service offering by Visa Consulting & Analytics ... OAG Appoints ex-Skyscanner Executive Filip Filipov as New Chief Executive Officer LONDON -- OAG announced the appointment of Filip Filipov, ex-Skyscanner executive, as new Chief Executive Officer. Filip Filipov currently serves as the company’s Chief Operating Officer and ta ... Andersen Consulting Deepens Offerings with LBC SAN FRANCISCO -- Andersen Consulting strengthens its capabilities through a Collaboration Agreement with LBC, a Portugal-based international firm known for its integrated approach to business optimiza ... FIA, F1 Group and 11 Teams Sign Ninth Concorde Agreement to Secure Sport’s Stability in Five-Year Deal Multi-year Concorde Governance Agreement signed by the FIA, Formula 1 Group and all 11 teams, securing the World Championship through 2030. PARIS -- The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, and Formula 1 Gr ... MADUP Accelerates Global Push for AI Marketing Innovation Backed by $23M in Funding MADUP speeds up its full-scale global market entry. SEOUL -- MADUP is poised to accelerate the global expansion of LEVER Xpert, its in-house-developed digital marketing AI agent, supported by a cumulative investment of $23M and planned KOSDAQ listing t ... Nexo Acquires Buenbit in Major Expansion Across Latin America The acquisition combines Nexo’s comprehensive award-winning product portfolio with Buenbit’s CNV-registered operations and strong local expertise. BUENOS AIRES -- Nexo, the premier digital asset platform with $11 billion in assets under management, announced its acquisition of Buenbit, one of Latin America’s most trusted and fastest-growin ... BitGo Secures OCC Approval to Convert to Federally Chartered National Trust Bank Sets New Standard for Institutional Digital Asset Infrastructure with Unified Federal Oversight. NEW YORK -- BitGo Holdings, Inc. (“BitGo”), the digital asset infrastructure company, announced that the Office of the Comptroller of the Currency (“OCC”) approved its applic ... Marquee Brands Broadens Global Portfolio with Strategic Acquisition of Stance Marquee’s 19th Brand Signals a Bold Expansion into Lifestyle and Performance. NEW YORK -- Marquee Brands, the premier global brand accelerator, announced the acquisition of Stance, the innovative lifestyle and performance sock brand. Founded in 2009 in San Clemente, Cali ... Blockstream Capital Partners Acquires Corbiere Capital Management, Leveraging Strategic Partnership with Komainu ST. HELIER, JERSEY -- Blockstream Capital Partners (“BCP”), announced the planned acquisition of Corbiere Capital Management, a Jersey-based equities hedge fund manager led by Rodrigo Rodr ... Molding Solutions Announces Strategic Price Adjustment to Sustain Service, Innovation and Long-Term Value LAWRENCEVILLE, GA. – Molding Solutions announced its unwavering commitment to upholding core values of quality, reliability, and customer-centricity, which the company emphasized as the foundati ... Mohammed Ben Sulayem Re-Elected as President of the FIA PARIS -- The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, confirms that Moham ...