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The deal, valued at $2.4 billion in cash and stock, aims to strengthen Tencent’s position in China’s podcasting and audio content market.

Brown & Brown said the acquired operations are expected to be accretive to its 2024 adjusted diluted net income per share.

The collaboration, which initially focused on demand forecasting and stock optimization, has broadened to support Fedrigoni’s company-wide digital transformation.

Riot Platforms sold 1.75 million Bitfarms shares for $1.58 million, reducing its stake from 14.61% to 14.30% through open market transactions.

According to an internal memo viewed by CNBC, the layoffs will impact employees across divisions, and some non-U.S. staff may be affected in the future.

Insmed said that it will immediately engage with the U.S. Food and Drug Administration (FDA) regarding a late-stage study design following the positive results from the mid-stage trial.

While Dow Jones futures were flat at the time of writing, the S&P 500 futures rose 0.08%.

The integrated Edge AI solutions will combine 5G and edge computing to enable low-latency, secure, and scalable AI deployments across various industries, including retail, manufacturing, and healthcare.

The company did not provide a specific timeline for the trials but stated that it would be shared in the coming months, along with the details of the car manufacturer it would partner with.

The ‘IBM Quantum Blue Jay’ system, expected sometime after 2033, will build on Starling’s architecture and be capable of executing one billion quantum operations using 2,000 logical qubits.