Cox Enterprises

Bending Spoons Dedicates €8.5 Million to New Milan Headquarters and Seeks Acquisitions

Retrieved on: 
Tuesday, February 27, 2024
Architecture, Apps, Applications, Technology, Other Construction & Property, Commercial Building & Real Estate, Software, Construction & Property, NB, Cox Enterprises, NUO, Bending Spoons, LEED, Gold

Today, Italian technology company Bending Spoons officially opened its new headquarters in Milan, in the Porta Nuova district.

Key Points: 
  • Today, Italian technology company Bending Spoons officially opened its new headquarters in Milan, in the Porta Nuova district.
  • The new Bending Spoons HQ spans three floors of a modern building developed and managed by COIMA.
  • The round injected $155 million of equity and valued Bending Spoons at approximately $2.55 billion post-money.
  • For photos and video footage of the new Bending Spoons HQ, contact [email protected] stating your publication.

OpenGov Accelerates Cloud and AI Transformation of Government with Majority Investment from Cox Enterprises

Retrieved on: 
Tuesday, February 27, 2024
Engineering, Risk, SAN, Cox Enterprises, City, Government, Accounting, Organization, Investment, Partnership

SAN FRANCISCO, Feb. 27, 2024 /PRNewswire/ -- OpenGov, the leader in modern cloud software for our nation's cities, counties, and state agencies, has secured a majority investment, valuing OpenGov at $1.8 billion, from long-time partner Cox Enterprises. This allows OpenGov to make long-term strategic decisions that will benefit customers for decades to come.

Key Points: 
  • Cox and OpenGov share similar missions and values, and this is the primary driver of the partnership.
  • Cox and OpenGov share similar missions and values, and this is the primary driver of the partnership.
  • "We have been a long-time investor in OpenGov, and we are thrilled to deepen our commitment," said Alex Taylor, chairman and CEO of Cox Enterprises.
  • Powering more effective and accountable government is an inspiring mission, and OpenGov delivers a better experience for governments, residents and businesses alike."

Cox Automotive Forecast: New-Vehicle Sales Pick Up in February After Slow Start to 2024

Retrieved on: 
Monday, February 26, 2024
Cox, SAAR, Weather, Cox Enterprises, Airline

The sales pace in February is expected to be higher by 0.5 million from last February's 14.9 million pace and up from January's 15.0 million level.

Key Points: 
  • The sales pace in February is expected to be higher by 0.5 million from last February's 14.9 million pace and up from January's 15.0 million level.
  • February's new-vehicle sales volume is forecast to rise 6.3% year over year and reach 1.22 million units.
  • According to Charlie Chesbrough, Senior Economist at Cox Automotive: "January and February are slow months for vehicle sales, but the new-vehicle sales pace this past January saw a surprising decline from December.
  • We are also seeing solid inventory levels and growing incentives and discounts, which should help sales volume."

FleetNet America by Cox Automotive is Changing the Game for Fleets Everywhere

Retrieved on: 
Thursday, February 22, 2024
AVP, American Trucking Associations, Running, US Foods, Communication, Safety, Cox Enterprises, Failure

ATLANTA, Feb. 22, 2024 /PRNewswire/ -- One year after joining Cox Automotive, FleetNet America will share how it's evolving the maintenance experience for fleets at this year's Technology & Maintenance Council Meeting in New Orleans from March 4-7, 2024.

Key Points: 
  • ATLANTA, Feb. 22, 2024 /PRNewswire/ -- One year after joining Cox Automotive, FleetNet America will share how it's evolving the maintenance experience for fleets at this year's Technology & Maintenance Council Meeting in New Orleans from March 4-7, 2024.
  • FleetNet is proud to offer the nation's largest network of vetted service providers and industry-leading 24/7/365 customer service.
  • Its exceptional size, reach, and quality standards enable FleetNet America to provide prompt and dependable service to clients throughout North America, ensuring that their fleets operate efficiently and with minimal downtime.
  • For more information about FleetNet America or to speak with someone from the team during TMC, please reach out to Brooke Murray at [email protected] .

Cox Enterprises Announces STEAM-Powered Classroom Challenge with DonorsChoose to Provide Teachers with Essential Classroom Materials

Retrieved on: 
Wednesday, February 21, 2024
DonorsChoose, Cox Enterprises, Growth, School, Student, Education, STEAM, Partnership, Tourism

ATLANTA, Feb. 21, 2024 /PRNewswire/ -- Cox Enterprises is piloting a partnership with DonorsChoose, an education nonprofit empowering public school teachers to request essential classroom materials. The Cox Enterprises STEAM-Powered Classroom Challenge will match up to $100,000 in individual community contributions dollar-for-dollar on qualified STEAM and sustainability-related DonorsChoose projects in schools in under-resourced communities. Cox is dedicated to empowering the next generation of STEAM leaders with diverse skills, the gifts of curiosity and innovation, and a passion for exploration and growth that will make our world a better place. 

Key Points: 
  • ATLANTA, Feb. 21, 2024 /PRNewswire/ -- Cox Enterprises is piloting a partnership with DonorsChoose, an education nonprofit empowering public school teachers to request essential classroom materials.
  • The Cox Enterprises STEAM-Powered Classroom Challenge will match up to $100,000 in individual community contributions dollar-for-dollar on qualified STEAM and sustainability-related DonorsChoose projects in schools in under-resourced communities.
  • DonorsChoose promotes access to education and ensures students in under-resourced communities have the tools they need to succeed.
  • Starting February 21, Cox will match public donations for classroom projects in schools where a majority of students qualify for free or reduced-price lunch.

Built In Announces New CFO and Board Member

Retrieved on: 
Tuesday, February 20, 2024
SilkRoad Technology, Auto Trader, Marketing, Built-in, Growth, Kelley Blue Book, HR, Fortune 500, Cox Enterprises, Management

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- Built In, the leading recruiting platform for hard-to-hire tech roles, today announced that it has appointed Kate O'Neill as Chief Financial Officer and Jessica Stafford as an Independent Board Member to help bolster the company's continued growth.

Key Points: 
  • Key hires fuel Built In's growth and innovation, driving success in tech talent recruitment for startups to Fortune 500.
  • Kate O'Neill is a seasoned finance professional with an extensive background in the software industry, particularly in the HR technology market.
  • Built In also announced the addition of Jessica Stafford to its Board of Directors.
  • "We're thrilled to welcome Jessica to the Built In Board," Katris continued.

Bending Spoons Closes a New Equity Financing Round, Raising $155 Million at a $2.55 Billion Post-money Valuation

Retrieved on: 
Thursday, February 15, 2024
Software, Technology, Artificial Intelligence, Apps, Applications, Cox Enterprises, Bending Spoons

Bending Spoons closes a new equity financing round.

Key Points: 
  • Bending Spoons closes a new equity financing round.
  • Durable Capital Partners LP joins existing investors Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital, and StarTIP (controlled by Tamburi Investment Partners) in participating in the round.
  • The round injects $155 million of equity and values Bending Spoons at approximately $2.55 billion post-money.
  • Allen & Company LLC acted as the financial adviser and Clifford Chance as the legal adviser to Bending Spoons on the transaction.

Drawdown Georgia Business Compact Leverages Metaimpact’s Digital Infrastructure to Foster Collaboration for Advancing Climate Solutions

Retrieved on: 
Thursday, February 15, 2024
Software, Networks, Professional Services, Philanthropy, Data Management, Sustainability, Environmental Health, Technology, Environment, Other Philanthropy, Climate Change, Environmental, Social and Governance (ESG), Ray, Coca-Cola, Partnership, Compact, Elevance Health, Digital, Interface, Norfolk Southern Railway, Carbon, Creature Comforts Brewing Co., Cox Enterprises, Climate change, Sustainable business, UPS, Organization, Delta Air Lines, Data infrastructure, Amazon, Atlanta Gas Light, Research, Georgia Tech, Renewable energy

Under the facilitation of the esteemed Ray C. Anderson Center for Sustainable Business, the Drawdown Georgia Business Compact has been at the forefront of comprehensive solutions research, ensuring diverse participation across Georgia's vibrant economy.

Key Points: 
  • Under the facilitation of the esteemed Ray C. Anderson Center for Sustainable Business, the Drawdown Georgia Business Compact has been at the forefront of comprehensive solutions research, ensuring diverse participation across Georgia's vibrant economy.
  • By utilizing Metaimpact's digital infrastructure, the Business Compact aims to improve multi-stakeholder collaboration, best practices to inspire action, and shared performance monitoring.
  • “The Metaimpact ecosystem will take member relationships in the Drawdown Georgia Business Compact to the next level.
  • Key Highlights of the Partnership:
    Digital Infrastructure: Metaimpact will enable organizations within the Drawdown Georgia Business Compact to align and collaborate in a persistent digital space, fostering collective action towards shared sustainability goals.

The Atlanta Journal-Constitution Selects Dagger for Brand Transformation

Retrieved on: 
Tuesday, February 13, 2024
Social media, Lunch, Digital, Culture, Food, Life, Sport, Cox Enterprises, AJC, The Atlanta Journal-Constitution, Politics, Heart, Communication, Partnership, Amusement park

ATLANTA, Feb. 13, 2024 /PRNewswire/ -- Dagger announces the launch of its latest campaign, "For the Greater Atlanta" marking the culmination of a five-month project initiated by The Atlanta Journal-Constitution (AJC), a subsidiary of Atlanta-based Cox Enterprises. This endeavor highlights the evolution of the 155-year-old newspaper into a modern multimedia company by featuring new original content, new formats and new product capabilities to ensure its world-class journalism meets audiences where they are in Atlanta, Georgia and the South.

Key Points: 
  • ATLANTA, Feb. 13, 2024 /PRNewswire/ -- Dagger announces the launch of its latest campaign, " For the Greater Atlanta " marking the culmination of a five-month project initiated by The Atlanta Journal-Constitution (AJC), a subsidiary of Atlanta-based Cox Enterprises.
  • "We aligned with the AJC's vision from the start, and our shared 'media company mentality' was the beginning of a great partnership," shared Mike Popowski, CEO of Dagger.
  • Dagger is tasked with enhancing the AJC's brand reputation and driving growth by strategically expanding its subscriber base.
  • It's what makes us essential, and Dagger is a pivotal partner in helping us tell our story and reach new audiences."

Kelley Blue Book Reports New-Vehicle Transaction Prices Continue to Tumble, Down 3.5% Year Over Year in January

Retrieved on: 
Tuesday, February 13, 2024
EVS, Tesla Model Y, Nissan Leaf, SAAR, Kelley Blue Book, EV, SUV, Cox Enterprises, Business intelligence, VW, Hyundai, ATP, Cryptocurrency

Transaction prices were down 3.5% year over year in January and lower 2.6% month over month; price declines in January accelerated compared to December.

Key Points: 
  • Transaction prices were down 3.5% year over year in January and lower 2.6% month over month; price declines in January accelerated compared to December.
  • ATLANTA, Feb. 13, 2024 /PRNewswire/ -- The U.S. new-vehicle market sales pace slowed in January 2024, despite lower prices and higher incentives.
  • Prices have been trending downward for roughly six months now as automakers are sweetening deals to keep the sales flowing."
  • Cox Automotive and Kelley Blue Book revised the EV transaction price data in January to more accurately capture the expanding electric vehicle market.