Korth Direct Mortgage Inc. appoints Holly MacDonald-Korth as CEO
Korth Direct Mortgage Inc., (“KDM”), a national commercial real estate finance firm that offers fixed-rate loans up to $100 million for multifamily, office, retail, mixed-use, self-storage, industrial, and other select properties, yesterday announced that the current CEO James Korth will be stepping down from his role and that Holly MacDonald-Korth, KDM’s current President and CFO, […]
Josephine Moran to succeed Kathy Underwood as the CEO of Ledyard Bank
Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on […]
Saudi Fund for Development signs contribution agreement with the Global Fund
Under the direction of the Guardian of the Two Holy Sites, King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman Al Saud, the Saudi Fund for Development (SFD) recently signed on behalf of the Kingdom of Saudi Arabia a multi-year contribution agreement worth US$39 million with the Global Fund to Fight […]
Allen & Overy and Shearman & Sterling merger to form a global law firm
Allen & Overy and Shearman & Sterling yesterday announced a planned merger to create a unique global law firm named Allen Overy Shearman Sterling – A&O Shearman for short. This merger will combine two of the world’s most prestigious law firms, leaders in their respective markets, to create an integrated global elite firm. Together A&O Shearman will […]
Adobe enhances PDF Accessibility with a new tool powered by Adobe Sensei
Adobe (Nasdaq:ADBE) yesterday announced the new Adobe PDF Accessibility Auto-Tag API, powered by Adobe Sensei, Adobe’s AI and machine learning framework. With an estimated three trillion PDF documents circulating worldwide, the format is fundamental to work and life in the digital world. By simplifying and accelerating the process of transforming PDF content, Adobe’s new API can […]
Fushi acquires Ascentis, reaches milestone in global expansion strategy
Fushi Technology (Shenzhen) Co., Ltd (“Fushi”) is delighted to announce its acquisition of Ascentis Pte Ltd (“Ascentis”), a leading Customer Relationship Management (“CRM”) and eCommerce SaaS solutions provider in Southeast Asia. With this acquisition, Fushi is Ascentis’ controlling shareholder, and it marks a significant milestone in Fushi’s globalization strategy. Founded in 2003, Ascentis is headquartered […]
Governments and Enterprises in the Middle East collaborate at the World AI Show
A recent report suggests that the global AI market is expected to hit USD 733.7 billion by 2027, growing at a CAGR of 42.2%. Both the government and enterprises in the MENA region are actively investing in AI technologies to boost economic growth, improve public services, and enhance business operations. Meanwhile, the AI race between […]
TDCX opens campus in Brazil and continues its global expansion
TDCX (NYSE: TDCX), a digital customer experience (CX) solutions provider for technology and blue-chip companies, has launched its 29th campus in São Paulo, Brazil. The new campus houses a team of 120 multilingual customer experience specialists who provide world-class player support on behalf of one of the world’s biggest video game developer, publisher and esports tournament […]
Modak collaborates with Yoti to create a safe fintech platform for teens
Modak, a fintech company for teens and families in the US, has partnered with digital identity company Yoti to enhance safety features for teens on its platform. Since launching in December 2022, 25,000 teens have signed up for Modak using Yoti’s facial age estimation technology. As a platform designed to enable teenagers to reach their fullest potential, […]
Persistent Systems appoints Gurvinder Sahni as Chief Marketing Officer
Persistent Systems (BSE:PERSISTENT) (NSE: PERSISTENT) recently announced the appointment of Gurvinder Sahni as Chief Marketing Officer. In this role, he will be responsible for leading and setting the strategic vision for Persistent’s global marketing team. Gurvinder joins Persistent with extensive experience in global enterprise marketing transformation. He joins the Company after 20 years at Wipro Ltd., spanning various leadership […]
