Author: GLOBENEWSWIRE

Transaction Highlights:  (i)   Transforms Palomino beyond MicroLED optical interconnects into a comprehensive AI interconnect company spanning copper, MicroVCSEL and MicroLED data communication solutions;(ii)   Expand Palomino’s estimated addressable market by 10x—from approximately $6 billion to more than $60 billion; and(iii)   Expands Palomino’s engineering team and product development capabilities to deploy differentiated silicon and gallium nitride (GaN) integrated circuit solutions for AI data centers, robotics and space applications. GOLETA, Calif., July 16, 2026 (GLOBE NEWSWIRE) — Palomino Laboratories, Inc. (OTCQB: PALX) (‘Palomino’ or the ‘Company’) today announced that it has signed a binding Letter of Intent (LOI) to acquire Vega Links Inc.…

MIAMI, July 15, 2026 (GLOBE NEWSWIRE) — Tabi Connect (“Tabi”), an independent rate management and freight quoting platform built for brokers, released the June 2026 Tabi Pricing Pressure Index (TPPI) report. The report found that the spot freight market shifted back toward shippers in June, as brokers gave back some of the pricing power they held earlier in the year and awarded broker margins compressed. The TPPI measures week-over-week pricing pressure in the U.S. spot freight market on a scale of 0 to 100, where a rising score reflects shipper advantage and a falling score reflects broker advantage, using data…

Cleveland, July 15, 2026 (GLOBE NEWSWIRE) — A new podcast series for IT leaders offering insightful commentary on the decisions shaping the future of enterprise technology launches next week. “The Savvy CIO,” hosted by former CIO Bradd Busick, and sponsored by Park Place Technologies, provides fresh insights from tech leaders qualified to unpack the tough calls every CIO faces – what to modernize, what to maintain and how to make it all work smarter. Season One guests include a mix of senior IT leaders and respected industry analysts from IBM, Coca-Cola Bottlers, Datum, Omdia, Solved, IDC and more. The series will…

The Demonstrated Proprietary Technology for Converting Continuous Data into Quantum-Compatible Energy Maps and Achieves More Than 10x Faster Runtime with GPU Acceleration Tel-Aviv, Israel, July 14, 2026 (GLOBE NEWSWIRE) — Quantum X Labs Inc. (the “Company”) (NASDAQ: QXL) today announced that the CliniQuantum operation, has successfully validated a quantum sampling workflow that enables continuous probability distributions to be represented and analyzed within a quantum computing framework using Quantum X Labs’ proprietary algorithmic technology and related intellectual property portfolio. The milestone demonstrates the ability to transform continuous data into quantum-compatible energy map representations capable of supporting advanced quantum algorithms. Many real-world…

Neil Morecraft Image DUBAI, United Arab Emirates, July 13, 2026 (GLOBE NEWSWIRE) — Songai Media founder Neil Morecraft today announced the release of The Awaikened, a 40-track musical autobiography that shares The Founder’s Journey through original music, reflecting on more than three decades of entrepreneurship, innovation, resilience, and human connection. The project offers a personal perspective on the experiences that ultimately inspired the creation of Songai Media and its AI-powered storytelling platform. Rather than presenting a traditional memoir or business profile, The Awaikened tells Morecraft’s story through music, capturing the defining moments, challenges, relationships, successes, and setbacks that shaped both…

LONDON, July 10, 2026 (GLOBE NEWSWIRE) — NordLocker, the encrypted cloud storage service behind the creators of Nord Security, has announced the most significant architectural upgrade in its history. Codenamed “Project Renaissance,” the upgrade completely reimagines how encrypted data is structured, moving from a traditional locker-based file tree to a modern “journaling” approach. A new core engine and surrounding services were developed entirely from scratch, now powering every NordLocker application, including Web Access, the Windows app, and the iOS and Android apps. Each app was reworked to fully employ the capabilities of the new engine, passing the performance gains directly…

Key points: Esri Canada has achieved ISO 31700-1 Privacy by Design certification for its ArcGIS Managed Cloud Services offering.The company is among a select few organizations globally to earn this certification, highlighting Esri Canada’s leadership in designing privacy into its managed cloud services.Organizations including government, utilities, natural resources, transportation, health and public safety can be assured that ArcGIS Managed Cloud Services supporting critical GIS operations meet high expectations for privacy, security and trust. TORONTO, July 09, 2026 (GLOBE NEWSWIRE) — Esri Canada, a leader in geographic information system (GIS) solutions, today announced it has achieved ISO 31700-1 Privacy by Design…

PALO ALTO, Calif., July 09, 2026 (GLOBE NEWSWIRE) — DevRev, maker of the agentic AI product Computer, today announced Enterprise-Bench, an open, vendor-neutral benchmark for evaluating whether AI agents can operate in production enterprise environments. The benchmark measures the conditions that make enterprise AI difficult, including fragmented data, siloed systems, and permission boundaries. It was developed with Laude Institute, whose Harbor harness executed the evaluation, and validated by Alexandros Dimakis, UC Berkeley professor, co-founder of Bespoke Labs, and DevRev board member. The framework, dataset, methodology, results, and full traces are public, and any vendor, customer, or researcher can run the…

Marks Oxylabs’ first outside investment since its founding in 2015   Values Oxylabs at approximately $3.6 billion   VILNIUS, Lithuania, and NEW YORK, July 9, 2026 – Oxylabs, a leading data infrastructure platform, today announced a $130 million investment from Warburg Pincus, the pioneer of global growth investing, valuing the company at $3.6 billion. The investment is being made by the Warburg Pincus Capital Solutions Founders Fund (“WPCS FF”). As a leading data infrastructure provider for AI and agentic applications, Oxylabs will leverage this investment to further extend its competitive advantage and accelerate the development of next-generation products and capabilities. “The…

The acquisition is expected to add a scaled, fully regulated European insurance platform powering over 800,000 policies annually, with approximately $18–20 million in revenue and approximately $1.6–2 million in EBITDA The business is being acquired by Roadzen’s India subsidiary in exchange for stock or cash and is not expected to be dilutive to Roadzen’s Nasdaq shareholders Combines over a decade of proprietary short-trip pricing data with Roadzen’s AI to power real-time underwriting and automated, computer-vision-led claims — transformative for the $27 billion car rental insurance segment NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN), a global…