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TAIPEI, Taiwan & MILPITAS, Calif.--(BUSINESS WIRE)--Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today unveiled its new MonTitan™ SSD Reference Design Kit (RDK), featuring the company’s next-generation patented PerformaShape™ technology. Designed for Agentic AI infrastructure, the platform enables enterprise SSDs to serve as a persistent memory layer supporting KV cache offload and auto...

OLDWICK, N.J.--(BUSINESS WIRE)--The global reinsurance segment is at a critical inflection point as reinsurers’ strong earnings since 2023 have driven robust capital generation. With reinsurers’ capital now at record levels, growing competition is increasing pressure on reinsurance pricing, particularly in property lines, and according to a new AM Best report, the key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge leading to another tra...

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Second Quarter 2026 Results and Increases Full-Year Guidance...

NEW YORK--(BUSINESS WIRE)--Eldridge today announced it has acquired a significant stake in Sudolabs, a provider of custom agentic AI systems and consulting services for enterprise clients. The investment will accelerate Sudolabs’ growth in the United States through the formation of a strategic partnership with Eldridge. Day-to-day operations will continue from its Slovakian headquarters, led by Co-founder and CEO Jozef Petro. Founded in 2019, Sudolabs specializes in AI enterprise transformation...

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Bettr, a leading provider of inclusive and embedded finance and fintech solutions under Ant International, today announced its partnership with Muslim Pro, a popular Islamic lifestyle app serving over 190 million downloads worldwide, to launch an Umrah financing solution in Malaysia. The solution is designed for eligible Muslims who have the means to undertake the pilgrimage but prefer to spread its cost over time. This flexibility enables individuals an...

HSINCHU, Taiwan--(BUSINESS WIRE)--Edgecore Networks, the leader in open networking solutions and a subsidiary of Accton Group, today announced the launch of its refreshed brand identity, including a new logo and visual system, marking a new chapter in the company's continued growth and evolution. A Mark Built for Open Infrastructure The new identity reflects Edgecore's core positioning: open, adaptable infrastructure at the edge, powered by a strong compute core. The refreshed mark is designed...

HONG KONG--(BUSINESS WIRE)--Sangfor aSV is now supported by Veeam Backup & Replication 13.1, enabling unified backup, recovery, and data protection for Sangfor HCI....

TOKYO--(BUSINESS WIRE)--Milliman, Inc., a leading global actuarial consulting firm, announced that it has obtained Type II certification as a "Certified Pseudonymized Medical Information User" in Japan. This certification is based on Japan's "Act on Anonymized and Pseudonymized Medical Information for Research and Development in the Medical Field (Next Generation Medical Infrastructure Act)," which was amended and enacted in April 2024. (nintei2026-07.pdf) This certification enables the safe ut...

MIAMI & SYDNEY, Australia--(BUSINESS WIRE)--I Squared Capital (“I Squared”), a leading independent global infrastructure investor, today announced that it has entered into a Scheme Implementation Agreement with oOh!media Limited (ASX: OML) to acquire all of its issued shares by way of a scheme of arrangement. Under the transaction, oOh!media shareholders will receive A$1.70/share1 in cash for each oOh!media share held, implying an equity value of approximately A$898 million (US$631 million2) an...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. “Hello, everyone. Welcome to Issue 67 of our Weekly Report. Here are this week’s key highlights: On Friday, FF officially received notice that it has regained compliance with the minimum bid price requirement for continued lis...