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Money Moves is a recurring series where we chart the raises, grants, contracts, mergers and other funding news of tech companies across our regions. Have a tip? Email us at delaware@technical.ly. We’re in the thick of Q4, and the number of money moves is slowing down as the holidays approach. What is happening, though, are moves […]
Power Moves is a recurring series where we chart the comings and goings of talent across the region. Got a new hire, gig or promotion? Email us at baltimore@technical.ly. The year is wrapping up, but acquisitions and leadership changes aren’t stopping in the Baltimore region. Besides the election news from earlier in November, including Angela Alsobrooks’ historic […]
Robot dogs, startup lawsuits and bouncing back from snubs: Philly tech’s biggest stories of the year
The Philadelphia tech scene saw its fair share of controversies in 2024, but there were also several wins. Many companies faced layoffs, including delivery service Gopuff and email platform Fastmail, and major institutions shuttered, such as University of the Arts and Benefits Data Trust. The struggles, however, don’t overshadow the strong foundation of the ecosystem […]
Power Moves is a recurring series where we chart the comings and goings of talent across the region. Got a new hire, gig or promotion? Email us at dc@technical.ly. A major presidential election and contested congressional races may have been the biggest stories in and around the nation’s capital last month, but that didn’t stop the region’s […]
Abu Dhabi has committed to investing tens of billions of dollars into AI and has tied up with Microsoft and Nvidia as part of its goals to invest in a future beyond crude. ABU DHABI: One of Abu Dhabi’s newest state-backed investment companies is looking at dozens of potential new deals as it plans to […]
These are the stories making headlines in fashion on Friday. Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors, released its second quarter fiscal 2025 results on Thursday, which showed revenue declined 16.4% on a reported basis. Its Q2 net income was $24 million, or … Continue reading Source link
The owner of trucking giant Centurion has reported strong growth in revenue and another big profit after paying $175 million to acquire two family-owned transport businesses. Centurion is part of the Cardaci family’s CFC Group, which in turn is owned by Leone Family Holdings. Source link
Concord has successfully closed its latest Asset-Backed Securities (ABS) transaction, which sees the company raise $850 million in debt financing through a private securitization backed by its catalog of music rights. The company said on Monday (October 28) that the transaction would “fuel strategic growth and acquisition[s]” and that it underscores its “ongoing effort to strategically […]
These are the stories making headlines in fashion on Tuesday. Erykah Badu to receive Fashion Icon award at 2024 CFDA Fashion AwardsThe Council of Fashion Designers of America (CFDA) announced that Erykah Badu will receive the Fashion Icon award at the 2024 CFDA Fashion Awards. Since Badu’s 1997 … Continue reading Source link
Beauty acquisitions have been rampant over the last couple of years, with many small-yet-beloved brands joining larger investment groups in search of growth. But capturing a beauty brand’s ethos — and retaining its loyal customer base — amid an acquisition can be a challenging feat, even for the … Continue reading Source link