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BEAVERTON, Ore. - Wednesday, 03. December 2025

(BUSINESS WIRE) -- NIKE, Inc. (NYSE:NKE) today shared the following note with employees regarding changes to its Senior Leadership Team.

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Team,

I’d like to share some important changes to our Senior Leadership Team (SLT) that further remove layers and continue to bring us closer to athletes* and the marketplace.

We’re establishing the role of EVP, Chief Operating Officer (COO), reporting to me, to better connect our operations and integrate technology more seamlessly into our sport offense. Venkatesh Alagirisamy (“Venky”), currently Chief Supply Chain Officer and a nearly 20-year Nike veteran, will take on this role effective December 8. Venky will lead Technology, in addition to his existing responsibilities leading Supply Chain, Planning, Operations, Manufacturing and Sustainability.

He and his team will now be able to look end-to-end to ensure technology is fully integrated across the comp ... Read more »

Four out of five IT leaders say their systems can’t keep up and are turning to AI-powered automation to make IT seamless, predictive, and proactive.



(BUSINESS WIRE)--The next step in workplace transformation is invisible technology that fades into the background so that support is automated and seamless, according to a Lenovo global survey of IT leaders released today.

Most employees only notice IT when it slows them down and interrupts processes. Invisible IT is the opposite. It means technology that anticipates needs, prevents issues before they happen, and personalizes support automatically.

Achieving Invisible IT, the newest report in Lenovo’s ongoing Work Reborn series, explores how AI and automation are redefining the digital workplace and employee experience. Of the IT leaders who participated, 79% aspire to deliver seamless, proactive support that minimizes disruption for employees, but only 21% have achieved predictive issue resolution. The res ... Read more »

Doha, Qatar - Wednesday, 03. December 2025

In a new episode, leading thinkers and students debate whether today’s entertainment elevates us or pulls us into distraction.



Qatar Foundation’s Doha Debates continues its flagship debate series with a new episode that examines how modern entertainment shapes our attention, creativity, and everyday well-being. Moderated by Dareen Abughaida, the debate brings together three influential thinkers to ask whether today’s entertainment landscape is enriching us—or overwhelming us.

This week’s debate features Marya Bangee, Senior Advisor at the Pop Culture Collaborative; Dr. Anna Lembke, Professor of Psychiatry at Stanford University and author of Dopamine Nation; and Nicholas Carr, Pulitzer Prize finalist and author of The Shallows.

For Bangee, the power of entertainment lies in storytelling that reflects lived human experience and fosters empathy. “I think entertainment today is pervasive. It’s something tha ... Read more »

(BUSINESS WIRE)--Andersen Consulting enters into a Collaboration Agreement with Neit Consulting, a firm focused on streamlining operations, integrating smart technologies, and accelerating digital maturity for clients.

Neit Consulting is a business consulting firm based in the Czech Republic with more than 20 years of experience delivering ISO-certified IT and business advisory services across data analytics, performance management, and process optimization. With more than 200 consultants, the firm supports clients—including global banks, insurers, manufacturing companies, and public entities—through business consulting, IT systems implementation, and long-term systems support. Neit Consulting serves clients globally with a focus on aligning digital capabilities to complex operational needs.

“This collaboration represents a significant step forward in the scope of services provided to our clients,” said Tomáš Niederle, sales director of Neit Consulting. “Andersen’s glo ... Read more »

Soudah, Saudi Arabia
Strategic partnership to deliver advanced power infrastructure to Soudah Peaks.
A new important milestone in the progression of Soudah Peaks project paving the way for more.


Soudah Development, a Public Investment Fund (PIF) company, chaired by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has signed a landmark agreement with National Grid, a Subsidiary of the Saudi Electricity Company, valued at more than SAR 1.3 billion, to develop and deliver advanced power infrastructure for the Soudah Peaks.

This strategic partnership marks a critical milestone in the development of Soudah Peaks, an ultra-luxury mountain destination rising 3,015 meters above sea level, and underscores Soudah Development’s commitment to excellence and unparalleled experiences in tourism, hospitality, wellness, retail, and ultra-luxury residential and others.

Under this agreement, "National Grid" will de ... Read more »

SAN FRANCISCO - Tuesday, 02. December 2025


Eventbrite stockholders to receive $4.50 per share in cash

(BUSINESS WIRE) -- Eventbrite, Inc. (NYSE: EB), the leading global marketplace for shared experiences, announced today that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $500 million. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals and approval by Eventbrite’s stockholders.

“For two decades, Eventbrite has stood at the forefront of the experience economy, helping tens of millions to create, discover, and attend unforgettable events,” said Luca Ferrari, Bending Spoons CEO and Co-Founder. “Joining forces with Bending Spoons will accelerate innovation and strengthen Eventbrite’s tools and resources to bring even more people together through shared live experiences for many years to come. As longstanding fans, we’ve identifie ... Read more »

MILFORD, Conn. - Wednesday, 03. December 2025 AETOSWire

(BUSINESS WIRE) -- Winchester Interconnect, an Aptiv company and leading supplier of high-performance interconnect solutions, today introduced LiteSPEed™ Cable, a next-generation single-pair Ethernet (SPE) solution that delivers 10-gigabit data rates in a dramatically smaller, lighter design. Built for the increasingly connected and space-constrained environments of aerospace, defense, industrial automation and next-generation mobility, LiteSPEed™ helps customers move more data with less cable, reducing weight, complexity, and cost while increasing system performance and reliability.

“As systems become more intelligent and interconnected, engineers need lighter, more efficient ways to deliver power and data,” said Juan Contreres, director of product management. “LiteSPEed™ gives them a rugged, high-speed Ethernet solution that simplifies installation without compromising performance.”

With advanced sensors ... Read more »

GENEVA & MADRID & DUBAI, United Arab Emirates -
(BUSINESS WIRE) -- LumRisk today announced a major milestone in its evolution, with the approval and implementation of a comprehensive corporate reset. This includes the restructuring of legacy obligations and the reinforcement of the company’s balance sheet. These measures establish a strong foundation for a new phase of accelerated global growth across LumRisk’s core domains: Quantitative Investment Strategies (QIS) and Multi-Asset Analytics.

As part of this strategic renewal, LumRisk has secured shareholder approval for a USD 5 million equity commitment, subject to customary conditions. This capital is intended to be deployed to scale the company’s next-generation platform, reinforce its data and technology capabilities, and deepen its offering across the global QIS ecosystem.

In parallel, LumRisk is implementing a new management-led corporate structure, under which the leadership team will assume full oper ... Read more »

Amazon S3 Access Points for FSx for NetApp ONTAP connects ONTAP data to AWS's wide range of AI, ML, and Analytics services

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a new capability that enables enterprises to make their workflows simpler and more efficient by connecting Amazon Web Services (AWS) AI and Analytics services directly with their NetApp data both in the cloud and on-premises. Amazon S3 Access Points for Amazon FSx for NetApp ONTAP® enable customers to accelerate AI and analytics projects by allowing FSx for ONTAP-resident file data to be accessed via the S3 API by AWS's extensive portfolio of AI/ML and analytics services—all while the data remains in place and is fully accessible for read / write via file protocols.

“By connecting FSx for ONTAP data natively to AWS's wide range of AI, ML, and analytics services, the new integration with Amazon S3 Access Points unleashes the potential to connect t ... Read more »

THE WOODLANDS, Texas - Wednesday, 03. December 2025

(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that it secured $52 million in project awards during the third quarter of 2025, including $30 million previously announced in September. The additional $22 million in new awards includes major data center infrastructure projects in the United States and Saudi Aramco–related projects to be executed from the company’s recently approved Dammam, Saudi Arabia facility.

“These awards underscore the accelerating demand we’re seeing across mission-critical infrastructure, especially in the data center sector,” said Marc Huber, Senior Vice President, North America. “Our teams continue to deliver the technical capabilities, responsiveness, and reliability that our customers expect as they scale up.”

Adham Sharkawi, Senior Vice President, MENA, added: “Growth in the Kingdom of Saudi Arabia is a strategic priority for Perma-Pipe. The ne ... Read more »

LAS VEGAS - Wednesday, 03. December 2025 AETOSWire


Rimini Agentic UX is being implemented across dozens of client projects, delivering intelligent process automation, AI-driven productivity and enterprise-wide visibility — without requiring expensive upgrades, migrations or budget increases



(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today introduced Rimini Agentic UX™, an intelligent, AI-driven user engagement layer that streamlines ERP process execution for efficiency and significant savings, delivering persona- and role-based automation and productivity enhancements without the need for costly ERP Software upgrades or migrations.

Rimini Agentic UX Redefines ERP Process Execution

Rimini Agentic UX combines AI-driven orchestration, automation and UX design principles to deliver a unified, composable in ... Read more »