Business Wire

• Lenovo’s third annual global CIO report reveals AI as IT’s most urgent priority, matched only by cybersecurity.
• However, speed to adoption and security stand as largest barriers to scaling AI.

HONG KONG--(BUSINESS WIRE)-- AI is the CIO’s top priority, according to findings of Lenovo’s third annual global CIO report. Inside the Tornado: How AI is Reshaping Corporate IT Today, reveals that while CIOs need to adopt and scale AI urgently, their ambitions... (continue reading...)

The event will be held on October 21st and 22nd, and will feature experts on compliance, captive insurance, financial crimes, among others.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- The Puerto Rico Financial Services Forum (FSF), the most comprehensive international financial and insurance conference in Puerto Rico, celebrates its fourth edition on October 21 and 22, 2024 in San Juan. Local and international experts in the international banking and insurance... (continue reading...)

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income was $2.2 million ($0.37 per share) for the quarter ended March 31, 2024, compared to $2.2 million ($0.38 per share) in the previous quarter, and $3.0 million ($0.52 per share) earned in the same reporting period in the previous year. Earnings for the last two quarters have... (continue reading...)

PALO ALTO, Calif.--(BUSINESS WIRE)-- Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share. In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to... (continue reading...)

TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the three months ended March 31, 2024.

Summary of Consolidated Financial Results (Note 1)

Summary of Consolidated Financial Results for the three months ended March 31, 2024 (Non-GAAP basis) (Note 2)

Three months ended March 31, 2024

Billion yen

% of Revenue

... (continue reading...)