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IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins? May 3, 2024 01:01PM

NEEDHAM, Mass.--(BUSINESS WIRE)-- Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on Telecom and Pay TV services will increase by 1.4% in 2024 and reach a total of $1,530 billion.

In terms of value, the progress of the global market slowed during the latter half... (continue reading...)


Alivi Health Appoints Shea Long as Chief Product Officer May 3, 2024 01:01PM

MIAMI--(BUSINESS WIRE)-- Alivi Health, a leading provider of specialty benefits, is pleased to announce the appointment of Shea Long as Chief Product Officer (CPO). Long's exceptional track record in healthcare innovation, product management, and go-to-market strategies makes him the perfect fit for this position. As a growth leader, he specializes in scaling high-growth businesses within the healthcare and technology sectors.

Before joining Alivi Health, Long... (continue reading...)


Balfour Beatty Appoints New Presidents in the Carolinas and California May 3, 2024 01:00PM

DALLAS--(BUSINESS WIRE)-- Balfour Beatty announces the appointments of Jeff Sandeen to president of the company’s Carolinas operations and Emily Kay to incoming president of California operations. Jeff and Emily will provide strategic, operational oversight in their respective geographies, build on Balfour Beatty’s commitment to meeting the expanding needs of clients and partners in high-growth markets, as well as work alongside local leadership teams to help... (continue reading...)


ShangBay Capital’s William Dai Recognized Among GrowthCap’s Top 25 Healthcare Investors for 2024 May 3, 2024 01:00PM

PALO ALTO, Calif.--(BUSINESS WIRE)-- ShangBay Capital, a prominent venture capital firm specializing in healthcare investments, proudly announces the inclusion of William Dai in GrowthCap's esteemed list of top healthcare investors for 2024.

This prestigious accolade celebrates William Dai's exceptional contributions as one of the foremost investors in the healthcare sector, alongside a distinguished cohort of industry leaders. The selection criteria focused on... (continue reading...)


Rubric Capital Management Responds to Xperi Inc.’s Amended Investor Presentation May 3, 2024 12:58PM

Confident Xperi Stockholders See Through the Company’s Falsified Version of Performance

Emphasizes that Xperi’s Latest Attempt to Cover Up Dilution is Highly Disingenuous

Urges Stockholders to Vote FOR Rubric’s Nominees Thomas A. Lacey and Deborah S. Conrad on the WHITE Proxy Card

NEW YORK--(BUSINESS WIRE)-- Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds and accounts collectively own approximately 9.0% of the... (continue reading...)


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