Bajaj

ContextLogic Announces Post-Closing Board of Directors and Management Team

Retrieved on: 
Tuesday, April 2, 2024

SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) --  ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that it will reconstitute its Board of Directors and management team upon completion of its pending transaction under which it will sell substantially all of its operating assets and liabilities, principally comprising its Wish ecommerce platform (the “Asset Sale”), to Qoo10 Pte. Ltd. (“Qoo10”). The transaction is expected to be completed in the second quarter of 2024.

Key Points: 
  • Upon closing, the reconstituted Board will comprise five directors, four of whom will be independent and newly appointed.
  • Rishi Bajaj, Founder, President and Chief Investment Officer at Altai Capital Management and current director at ContextLogic.
  • Bajaj joined the ContextLogic Board in November 2023 and played an active strategic role in structuring the Asset Sale.
  • At the same time, ContextLogic directors Tanzeen Syed, Julie Bradley, Larry Kutscher, Stephanie Tilenius, Hans Tung and Joe Yan will step down from the Board.

The American Diabetes Association Welcomes 2024 Principal Officers and Members to the National Board of Directors

Retrieved on: 
Wednesday, January 3, 2024

ARLINGTON, Va., Jan. 3, 2024 /PRNewswire/ -- The American Diabetes Association® (ADA) welcomes the 2024 principal officers and board of directors.

Key Points: 
  • ARLINGTON, Va., Jan. 3, 2024 /PRNewswire/ -- The American Diabetes Association® (ADA) welcomes the 2024 principal officers and board of directors.
  • "We are so excited to announce our 2024 board of directors," said Charles "Chuck" Henderson, the ADA's chief executive officer.
  • We also want to thank our outgoing board members, Otis W. Kirksey, PharmD, RPh, CDCES, BC-ADM and Marshall Case.
  • We are very appreciative of their hard work, dedication, and commitment to fighting for all people affected by diabetes."

Oscilar announces development of first-ever generative AI offering to combat fraudulent online transactions

Retrieved on: 
Thursday, August 10, 2023

MENLO PARK, Calif., Aug. 10, 2023 /PRNewswire/ -- Oscilar, the AI fraud detection company, today announced that it is developing an industry-first generative AI risk decisioning offering that will enable companies to make fraud and risk-related decisions with greater velocity and precision. Targeted for fall, this advancement in Oscilar's capabilities positions the company to become the first generative AI risk management company.

Key Points: 
  • Targeted for fall, this advancement in Oscilar's capabilities positions the company to become the first generative AI risk management company.
  • To accelerate the company's generative AI development, Oscilar has hired Saurabh Bajaj as its new Chief Product Officer.
  • Bajaj joined Oscilar in May and has been spearheading the development of Oscilar's generative AI powered products.
  • "Oscilar was already changing how companies assessed their risk – and by doubling down on generative AI, Oscilar will become the first generative AI risk decisioning company," Bajaj said.

EQS-News: PIERER Mobility AG: Record Result 2022 confirmed

Retrieved on: 
Tuesday, March 28, 2023

The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.

Key Points: 
  • The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.
  • The operating result before depreciation and amortisation (EBITDA) of EUR 381 million is approximately EUR 50 million more than in the previous year.
  • As of December 31, 2022, the PIERER Mobility Group had a total of 6,088 employees, thereof about 5,000 in Austria.
  • Furthermore, through this cooperation, MV Agusta SpA will partly distribute its product range through the worldwide distribution network of PIERER Mobility.

ZS to Acquire Intelligent Study Design Company Trials.ai

Retrieved on: 
Monday, February 6, 2023

Global management consulting and technology firm ZS announced today it has entered into a definitive agreement to acquire Trials.ai , an intelligent study design company.

Key Points: 
  • Global management consulting and technology firm ZS announced today it has entered into a definitive agreement to acquire Trials.ai , an intelligent study design company.
  • The ZS | Trials.ai solution uses artificial intelligence (AI) to help clinical development teams design smarter studies, optimize the participant experience and deliver pharmaceutical therapies to market faster.
  • ZS is focused on delivering end-to-end solutions that offer sponsors the tools and expertise they need to reimagine study design.
  • “We know our clients want to modernize study design, and I’m confident the ZS | Trials.ai solution, combined with ZS’s tools and decades of expertise, will help study sponsors deliver therapies to market faster,” Bajaj said.

EQS-News: PIERER Mobility AG: Another record year in 2022

Retrieved on: 
Thursday, February 2, 2023

The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.

Key Points: 
  • The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.
  • As of December 31, 2022, the PIERER Mobility Group had a total of 6,088 employees, thereof about 5,000 in Austria.
  • Furthermore, through this cooperation, MV Agusta will partly distribute its product range through the worldwide distribution network of PIERER Mobility.
  • With another 17 world championship titles in 2022, PIERER Mobility AG looks back on an outstanding year in motorsports.

EQS-News: Global milestone for PIERER Mobility: The 1,000,000th KTM motorcycle leaves the production plant of the strategic partner Bajaj in Pune/India

Retrieved on: 
Thursday, February 2, 2023

Global milestone for PIERER Mobility: The 1,000,000th KTM motorcycle leaves the production plant of the strategic partner Bajaj in Pune/India

Key Points: 
  • Global milestone for PIERER Mobility: The 1,000,000th KTM motorcycle leaves the production plant of the strategic partner Bajaj in Pune/India
    The issuer is solely responsible for the content of this announcement.
  • Global milestone for PIERER Mobility:
    PIERER Mobility AG crossed a significant milestone with its leading premium motorcycle brand KTM in India.
  • The one millionth motorcycle - a KTM Adventure 390 - has rolled off the production line at Bajaj's Chakan plant in Pune.
  • Stefan Pierer, CEO of PIERER Mobility AG: “This is indeed a momentous occasion for both PIERER Mobility and Bajaj Auto.

American Girl’s 2023 Girl of the Year™— Kavi Sharma™— Steps Into the Spotlight!

Retrieved on: 
Thursday, December 29, 2022

Today, American Girl , a cornerstone in the Mattel (NASDAQ: MAT) portfolio of purposeful brands, unveils its 2023 Girl of the Year, Kavi Sharma.

Key Points: 
  • Today, American Girl , a cornerstone in the Mattel (NASDAQ: MAT) portfolio of purposeful brands, unveils its 2023 Girl of the Year, Kavi Sharma.
  • View the full release here: https://www.businesswire.com/news/home/20221229005033/en/
    Meet Kavi Sharma, American Girl's 2023 Girl of the Year.
  • The Kavi product collection is available December 29, 2022, at americangirl.com and at all American Girl retail locations nationwide and, starting January 1, 2023, at American Girl specialty boutiques at select Indigo™ and Chapters™ locations in Canada and online at Indigo.ca.
  • The hardcover book, It’s Showtime, Kavi, will be available at American Girl and other retail and online booksellers later in 2023.

EQS-News: PIERER Mobility AG: Strong performance in the first half of 2022

Retrieved on: 
Tuesday, August 30, 2022

Including the models sold by our partner Bajaj, unit sales in the first half of 2022 are therefore just 7.2% below the previous year.

Key Points: 
  • Including the models sold by our partner Bajaj, unit sales in the first half of 2022 are therefore just 7.2% below the previous year.
  • In Europe, supply chain issues were particularly acute for PIERER Mobility AG, with 61,435 motorcycles sold in the first half of the year (-15% year-on-year).
  • As of June 30, 2022, the PIERER Mobility Group employed 5,656 people, with around 21% of them working in research & development.
  • To address the current supply chain issues in the bicycle sector, in June 2022 PIERER E-Bikes GmbH established a subsidiary in Taiwan, PIERER E-Bikes Asia Ltd.

Quantum-Si Appoints Vikram Bajaj, Ph.D., to Board of Directors

Retrieved on: 
Thursday, June 16, 2022

Prior to joining Foresite Capital, Vik was the Chief Scientific Officer of GRAIL and remains on its Scientific Advisory Board.

Key Points: 
  • Prior to joining Foresite Capital, Vik was the Chief Scientific Officer of GRAIL and remains on its Scientific Advisory Board.
  • He is also the co-founder and former Chief Scientific Officer of Verily (formerly Google Life Sciences) and served as chair of its Scientific Advisory Board.
  • He is an advisor to the Department of Defense through the Defense Science Boards Task Force on Biology.
  • Vik is a trailblazer in the field of precision medicine and brings decades of expertise as a scientist and entrepreneur.