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HONG KONG--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced that it proposes to place newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States with an aggregate placing consideration of HK$80 billion, subject to market and other conditions (the “Equity Placement”). The Equity Placement is being undertaken to extend...

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced that Jon Kemp, Qnity’s Chief Executive Officer, will have a fireside chat at the 2026 Goldman Sachs Communacopia and Technology Conference on September 10, at 8:10am PST. A live webcast of the presentation will be available at Events | Qnity Electronics, Inc. (Q). A replay of the webcast will be available following the conclu...

ROUND ROCK, Texas--(BUSINESS WIRE)--Leon Stok, vice president of Electronic Design Automation at IBM, has been reelected as board chair of the Silicon Integration Initiative for 2026-2027. Dr. Stok has served on the Board of Si2 since 2007, previously holding several leadership roles, including prior terms as Board Chair. At IBM, he leads a team that delivers world-class design and verification flows and tools used to create some of the world’s most advanced computing systems, including IBM Z a...

HOUSTON--(BUSINESS WIRE)--HPE (NYSE: HPE) today announced it was named a Leader for the 2026 Gartner® Magic Quadrant™ and recognized in the Critical Capabilities for Enterprise Storage Platforms (ESP). “We believe this recognition by Gartner reflects both the consistency of our execution and the strength of our vision for enterprise data. As AI reshapes the enterprise, customers need more than a place to store data,” said Jim O’Dorisio, SVP & GM for storage, HPE. “With our intelligent data...

REDMOND, Wash.--(BUSINESS WIRE)--Starcloud, the company pioneering data centers in space, today announced a $250 million Series A extension funding round at a $2.3 billion post-money valuation. The round was led by Manhattan West, with participation from existing investors Benchmark, EQT, Soma, NFX, 776, and others, alongside new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital, Standard Capital, and others. The funding brings Starcloud's total capital raised to $450 million s...

COLUMBUS, Ohio--(BUSINESS WIRE)--Overtime, the developer of a voice-first AI platform for billing, collections, and debt recovery, announced today a partnership with Columbus-based performance venture OH.io for go-to-market acceleration. Through the partnership, Overtime will join the OH.io portfolio and receive a dedicated pod of go-to-market specialists to support Overtime's top-of-funnel demand engine, including a dedicated inside-sales pod and account-based marketing program aimed at genera...

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced that it has appointed Ken Rizvi, a seasoned semiconductor finance executive, as Senior Vice President and Chief Financial Officer, effective October 1. Michael Goss, who has been serving as interim Chief Financial Officer, will assume the role of Qnity’s Vice President, Finance and Controllership, at that time. “Ken’s proven...

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announced that it has received on August 20, 2026 a written request from multiple shareholders of the Company jointly requesting an action be brought to pursue liability and other remedies pursuant to Article 847, Paragraph 1 of the Companies Act (hereinafter referred to as the “Request for Filing an Action”). In the Request for Filing an Action, the shareholders request that the Company file an action...

دبلن--(BUSINESS WIRE)--أطلقت شركة MinFarm Tech Ltd بوابة MF Gateway، وهو نظام مراقبة عند الحافة لسلامة آبار النفط والغاز البحرية. يتميز النظام ببوابة MinFarm Edge Gatewayوبوابة MinFarm Field Gateway، حيث يُشغل تحقيقات الذكاء الاصطناعي دون اتصال بالإنترنت دون الحاجة إلى البنية التحتية السحابة أو الشبكات العامة.تم تصميم بوابة MF Gateway للمنصات غير المأهولة ذات الطاقة المحدودة، وهي تشكل شبكة LoRaWAN متعددة القفزات ذاتية الإصلاح. يتم تخزين البيانات محلياً، بينما يقوم وكيل ذكاء اصطناعي بجمع الأدلة،...

PHOENIX--(BUSINESS WIRE)--Avnet increases quarterly dividend by 5.7%....