Latest News of IRM
Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Former CEO of Arm, Warren East, criticizes the U.K.'s poor performance in global technology business commercialization. He emphasizes the need for a mindset shift in the investor community to boost th...
We got an exclusive look at the AI dashboard VC firm TRAC uses to help its startups raise new funding
TRAC invests in startups and provides them with a custom "intelligence dashboard" to help value themselves accurately and find new investors. The firm has been developing this tech for 10 years, aidin...
Top US surgeon cautions against administering gender-affirming care to minors: 'Not enough evidence'
Dr. Steven Williams expressed concerns on 'Fox & Friends First' about gender surgeries for minors, citing lack of evidence on long-term effects. He emphasized the importance of evidence-based care and...
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UK fund firms Schroders, Abrdn name new CEOs to reboot ailing fortunes
By Reuters | 17 hours agoBy Sinead CruiseLONDON (Reuters) -British fund managers Schroders and Abrdn named new chief executives on Tuesday, handing two insiders the task of rebooting performance at their respective firms agai...
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Insider Sale: Executive Chairman Michael Balmuth Sells 14,887 Shares of Ross Stores Inc (ROST)
By Yahoo! Finance | 1 day agoOn September 5, 2024, Michael Balmuth, Executive Chairman of Ross Stores Inc, sold 14,887 shares at $152.22 each. This transaction was disclosed in an SEC filing. Ross Stores offers discounted apparel...
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Net-a-porter Confirms Beauty Business Will Shift to Affiliate Model in 2025
By Yahoo! Finance | 1 day agoNet-a-porter is shifting to an affiliate beauty selling model, directing shoppers to brands' own channels for purchases. This move follows a trend in luxury e-commerce, with competitors like Farfetch ...
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UK payments firm Pockit in talks to buy Monese consumer arm, sources say
By Yahoo! Finance | 1 day agoPockit is in discussions to acquire Monese's consumer arm, injecting capital to enhance regulatory requirements. Monese, targeting underbanked consumers, reported a loss in 2022 and last raised funds ...
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BP extends use of AI via five-year deal with spy tech firm Palantir
By The Guardian | 1 day agoBP partners with Palantir to leverage artificial intelligence for faster decision-making by engineers. The use of AI aims to analyze data automatically, improve performance, and enhance operational ef...
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Mike Gartner to succeed Lanny McDonald as Hockey Hall of Fame's chairman of the board
By AP NEWS | 1 day agoMike Gartner will succeed Lanny McDonald as the Hockey Hall of Fame's chairman of the board. McDonald announced the transition, with Gartner taking over in June after serving as chair-elect. Gartner's...
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FC Barcelona Confirms That First Team Star Will Be Out For 12 Months
By Forbes | 1 day agoFC Barcelona's player, Marc Bernal, underwent successful surgery for a ruptured ACL and meniscus injury. The 17-year-old is expected to be out for 12 months, missing the start of the next season. Barc...
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Oman state-run oil firm OQ will make initial public offering and potentially seek billions
By Yahoo! Finance | 1 day agoOmani state-run oil company, OQ, plans an initial public offering for its exploration and production business, aiming for billions in privatization. The move mirrors other Gulf giants and aims to boos...
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Turkish firms face wave of closures amid economic reckoning
By Yahoo! Finance | 1 day agoDogan Duman faces challenges in keeping his garment factory in Turkey running due to increased costs, inflation, and reduced competitiveness. Thousands of companies are struggling, leading to bankrupt...
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Black Caucus issues new guidelines for DEI policies and urges firms to help reduce racial wealth gap
By AP NEWS | 1 day agoA report by the Congressional Black Caucus highlights the importance of expanding diversity and inclusion policies in corporations to reduce racial wealth inequities. The report provides guidelines fo...
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Skype founder's VC firm raises $1.24 billion to back European tech startups
By CNBC | 1 day agoAtomico, a top European tech investor, launched $1.24 billion in new funds to support startups. The funds aim to revive the struggling European tech industry hit by valuation declines and layoffs. Thi...
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Google's Privacy Sandbox adoption costs burden small ad-tech firms
By Yahoo! Finance | 1 day agoSmaller ad-tech firms raise competition concerns over Google's Privacy Sandbox, fearing Google's dominance in digital advertising. The transition from cookies to Privacy Sandbox may disadvantage small...