Tn-No-Business-2024-Image-22 Telenor Acquires GlobalConnect's Consumer Business in Norway (Fornebu, Norway – 8 July 2025) Telenor announces the acquisition of GlobalConnect’s consumer business in Norway in a transaction valued at NOK 6.0 billion. The deal marks a significant strategic step in strengthening Telenor’s position in the Norwegian fibre market. “This marks a strategic step forward – for our customers and for Telenor. By integrating the consumer part of GlobalConnect’s fibre network into our o ...

Core Viewpoint - Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and PetroChina in Iraq, with potential revenue exceeding $130 million [1][2]. Group 1: Contracts and Deliveries - The contracts involve the supply of carbon steel and Super-13Cr steel OCTG products featuring VAM premium connections, with deliveries planned throughout 2025 and 2026 [2]. - These contracts are aimed at supporting the increasing drilling activities in Iraq, reflecting Vallourec's capability to meet the specific technical requirements of both operators [2]. Group 2: Market Context - Iraq is home to some of the largest oil reserves globally, with super-giant oil fields being developed by international oil and gas companies, leading to a rising demand for premium OCTG materials [3]. - The Iraqi Ministry of Oil has announced plans to increase the country's oil production capacity from 4.1 million barrels per day (bpd) in 2025 to 6 million bpd by 2029, indicating a growing market for Vallourec's products [4]. Group 3: Company Competitiveness - Vallourec's ability to supply significant quantities of premium materials in a short timeframe has been recognized by CNOOC and PetroChina, highlighting the company's competitiveness in the market [4]. - The VAM connections provided by Vallourec are increasingly praised for their robustness and ease of use, establishing them as a standard choice for operations in Iraq and the Middle East [4].

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Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for allegedly misleading investors regarding the company's performance and competitive position during the class period from November 10, 2023, to February 27, 2025 [1][3]. Group 1: Allegations Against DoubleVerify - The lawsuit claims that DoubleVerify misrepresented the shift of its customers' ad spending from open exchanges to closed platforms, where the company's capabilities were limited and faced competition from platforms like Meta and Amazon [3]. - It is alleged that developing technology for closed platforms was more costly and time-consuming than communicated to investors [3]. - The monetization of Activation Services on closed platforms was expected to take several years, contrary to the company's claims [3]. - Competitors were reportedly better positioned to implement AI solutions on closed platforms, affecting DoubleVerify's competitiveness and profitability [3]. - The company allegedly overbilled customers for ad impressions served to known bots, impacting its financial integrity [3]. - Risk disclosures from DoubleVerify were claimed to be misleading, presenting ongoing issues as hypothetical risks [3]. Group 2: Impact on Stock Price - On February 28, 2024, DoubleVerify issued lower-than-expected Q1 2024 revenue growth guidance, leading to a stock drop of over 21% [4]. - On May 7, 2024, the company cut its full-year 2024 revenue outlook due to reduced ad spending, resulting in a nearly 39% decline in stock price [5]. - On February 27, 2025, disappointing Q4 2024 earnings were reported, revealing the negative impact of the shift to closed platforms, causing shares to fall more than 36% [5].

The data industry is in the midst of significant consolidation, and trend that could only escalate in the near future.Why is that? Companies are hoping their acquisitions can be the missing piece that can convince enterprises to adopt their AI products.And will it actually work? That's the tricky part, as @rebecca_szkutak explores. https://t.co/YJDxKgyzlV ...

Joining us now is the president and founder of the Eurasia Group and GZERO Media, Ian Bremer. Ian, good to have you. Um, okay, good to see you.What should Donald Trump be doing uh with Prime Minister Benjamin Netanyahu today. What sort of how should he be pressing him on the subject of Gaza. Well, he truly does want to end wars.I I think that that's been pretty consistent uh over the course of the first six months of his second uh administration. Um, and so far the Israeli prime minister has uh not had any ...

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Potential Distribution Range of $0.04 to $0.08 per share of outstanding stock based on current estimates and assumptions, including timely approval of Distribution Proposal Failure to approve Dissolution Proposal will reduce or eliminate any potential distributions to stockholders SAN MATEO, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- Vincerx Pharma, Inc. (OTC Pink: VINC) today announced updated information regarding the Special Meeting of Stockholders of the Company (the “Special Meeting”) to consider the p ...

Let's go to Cool Wave and cool scientific first because this is all about the need for compute. They actually hide the asset about a year ago for a much less price point. And since then core scientific shares have gone up a lot.So I think patience has paid off for them, although you might see that shares are down today. That's something we're following closely because you don't often see that in M&A, but because it's an all stock deal and core, we've is a pretty volatile stock that could be weighing on shar ...

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