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Deviation Capital Launches with $2B AUM Following Spinout from Two Sigma

Lastest from Businesswire - 8 hours 11 min ago
SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Deviation Capital, an early-stage venture capital firm, today announced its launch as a newly independent firm following a completed spinout of the Two Sigma Ventures business from quantitative investment and trading firm Two Sigma. As part of the spinout, Deviation has acquired management of certain existing TSV funds with approximately $2B in assets under management (AUM) as it seeks to grow its portfolio and invest in technical founders harnessing t

Everlaw and Legora Partner to Create End-to-End AI Litigation Workflows

Lastest from Businesswire - 8 hours 11 min ago
OAKLAND, Calif.--(BUSINESS WIRE)--Legora, the collaborative AI platform for legal professionals, and Everlaw, the AI powered litigation and investigation platform, today announced a strategic technology partnership. This collaboration aims to unify litigation workflows, creating a seamless connection between early case assessment, discovery, analysis, legal research and drafting. As legal teams face increasingly complex datasets, budget constraints and time pressure, the ability for legal teams

Power Home Remodeling Secures Investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital

Lastest from Businesswire - 8 hours 11 min ago
CHESTER, Pa.--(BUSINESS WIRE)-- #HomeImprovement--Power Home Remodeling (“POWER”), the nation's leading exterior home remodeler, today announced that it has secured a growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The firms will partner with POWER’s management team and existing investor, Harvest Partners, whose funds remain the largest investor, to support the company’s continued expansion. To date, POWER has served more than one million customers across 26 territories

World Liberty Financial Files Defamation Suit Against Justin Sun in Florida State Court

Lastest from Businesswire - 11 hours 11 min ago
MIAMI--(BUSINESS WIRE)--World Liberty Financial today filed a defamation lawsuit against Yuchen “Justin” Sun in the Eleventh Judicial Circuit Court for Miami-Dade County, Florida. The lawsuit alleges that Sun engaged in a deliberate campaign to publish false and defamatory statements about World Liberty and seeks both damages and a public retraction of the statements Sun published to his nearly four million followers on X. The lawsuit alleges that Sun engaged in prohibited transfers, straw purc

TCIM Issues Statement on Voya Financial

Lastest from Businesswire - 11 hours 11 min ago
NEW YORK--(BUSINESS WIRE)--TOMS Capital Investment Management (“TCIM”), one of the largest shareholders of Voya Financial, Inc. (NYSE: VOYA), today issued the following statement: “Despite the underlying strength of the franchise, Voya has deeply impaired its earnings multiple due to the lack of urgency and indecisiveness of management and the Board of Directors, particularly around the stop-loss business. This has eroded credibility with both Voya’s investor base and the research community. As

Integrated Data Services Announces Comprehensive Cost and Requirement (CCaR™) v2026.2.0 Is Now Live

Lastest from Businesswire - 11 hours 11 min ago
TYSONS CORNER, Va.--(BUSINESS WIRE)-- #CCaR--Integrated Data Services (IDS), part of the Arlington Capital Partners portfolio, announces the release of Comprehensive Cost and Requirement (CCaR™) v2026.2.0, which introduces CCaR™ AI Decision Advantage, a significant advancement that embeds decision intelligence, intelligent assistance, and proactive monitoring directly into the platform used by Department of War (DOW) and Federal Civilian acquisition and financial teams. As the DOW continues to moderniz

Blend Launches Autopilot MCP Server, Opening Its Lending Platform to FI-Built AI Agents

Lastest from Businesswire - 11 hours 11 min ago
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced the launch of Autopilot MCP, a server built on Model Context Protocol, the emerging open standard for AI agent connectivity, that gives authorized agents secure, programmatic access to the full Blend platform. For lenders and partners, Autopilot MCP opens a new category of possibility: the ability to build and deploy AI agents tail

Smith Hill Capital and Industry Veteran, Brendan DeTommaso, Partner to Launch EMCAP Financial Residential Debt Platform

Lastest from Businesswire - 11 hours 11 min ago
NEW YORK--(BUSINESS WIRE)--EMCAP Financial (“EMCAP”), an alternative asset manager delivering capital solutions across the residential real estate and private credit ecosystem, today announced the launch of a residential debt platform led by Brendan DeTommaso. The well-capitalized platform is already actively deploying capital and is on pace to fund over $300 million in loans for 2026 and more than $1 billion over the next two years. A seasoned investment leader, Mr. DeTommaso brings to EMCAP m

OptionMetrics Exhibiting at Commodity Trading Week Europe, May 6-7

Lastest from Businesswire - 11 hours 11 min ago
NEW YORK--(BUSINESS WIRE)-- #AsiaPacificMarkets--OptionMetrics will exhibit at Commodity Trading Week Europe at Stamford Bridge Stadium in London May 6-7.

Easterly Government Properties to Participate in Wells Fargo 29th Annual Real Estate Securities Conference

Lastest from Businesswire - 11 hours 11 min ago
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that management will participate in investor meetings at Wells Fargo’s 29th Annual Real Estate Securities Conference in Charleston, South Carolina on May 4, 2026. Electronic copies of the written mater

Proof Joins FIDO Alliance to Link AI Agent Actions to Verified Human Identity

Lastest from Businesswire - 11 hours 11 min ago
BOSTON--(BUSINESS WIRE)--Proof, an identity authorization network that has secured over $640 billion in transactions for more than 9,000 organizations, today announced it has joined the FIDO Alliance, the industry group behind authentication standards like passkeys and WebAuthn, as those standards expand to support AI agents acting on behalf of users. Proof joins as a Sponsor member at a moment when FIDO has made agent-based interactions a central priority for 2026. A critical component of that

WEX and Impactive Capital Announce Cooperation Agreement

Lastest from Businesswire - 11 hours 11 min ago
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX) (“WEX” or the “Company”), a global leader in intelligent payment solutions, today announced that it has entered into a cooperation agreement with Impactive Capital Master Fund LP (“Impactive”). Under the terms of the agreement, WEX and Impactive have established a refreshed slate including three new independent directors – Kurt Adams, Ellen Alemany, and Lauren Taylor Wolfe (the “New Directors”) – for election to the WEX Board of Directors (the “

New, Managed, AI-Driven, Swarm Intelligence Simulations Predict Divergent Futures for Online Program Management (OPM) Market

Lastest from Businesswire - 11 hours 11 min ago
CHICAGO--(BUSINESS WIRE)-- #Mirofish--New Validated Insights report uses AI swarm intelligence, predicts divergent futures for Online Program Management (OPM) market in higher education.

DTCC Advances Development of New Tokenization Service, Convenes 50+ Firms to Drive Digital Assets Adoption

Lastest from Businesswire - 11 hours 11 min ago
NEW YORK & LONDON & HONG KONG & SINGAPORE & SYDNEY--(BUSINESS WIRE)--The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced progress and timelines on the delivery of The Depository Trust Company’s (DTC’s) tokenization service, which is being designed with feedback and collaboration from more than 50 financial industry firms. The firms, part of the DTCC Industry Working Group, represent a br

New AI Agents in Veryon Tracking Drive Faster, Smarter Aviation Maintenance

Lastest from Businesswire - 11 hours 11 min ago
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Veryon launches four new AI agents in Veryon Tracking, powered by Veryon AIRE, to streamline aviation maintenance workflows and reduce manual effort.

Empower Signs Municipal Employees' Retirement System (MERS) of Michigan

Lastest from Businesswire - 11 hours 11 min ago
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today that the Municipal Employees’ Retirement System of Michigan (MERS) will be joining the nation’s second-largest1 retirement and wealth management services provider. Empower will administer DC 401(a), DC Hybrid, 457(b), Health Care Savings Program, Retiree Health Funding Vehicle and IRA retirement plans for more than 85,000 Michigan employees with $5 billion in plan assets as of December 31, 2025. “All of us at Empower look forwar

JLens Urges Meta Shareholders to Vote FOR Proposal 8 at the Company’s Annual Meeting on May 27, 2026

Lastest from Businesswire - 11 hours 11 min ago
NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor that empowers investors to align their capital with Jewish values, is calling upon shareholders of Meta Platforms, Inc. (NASDAQ: META) (“Meta” or the “Company”) to vote FOR Shareholder Proposal 8, which JLens has submitted for shareholder consideration at the Company’s Annual Meeting, to be held on May 27, 2026. The exact language of Proposal 8 reads as follows: RESOLVED: Shareholders request that Meta Platforms, Inc. prepare a r

EagleRock Announces Launch of Initial Public Offering

Lastest from Businesswire - 11 hours 11 min ago
HOUSTON--(BUSINESS WIRE)--EagleRock Land, LLC (“EagleRock”), a leading land management royalty company that controls surface acreage in the core of the Permian Basin providing access to land, resources, and infrastructure for critical industries, today announced the launch of its initial public offering of 17,300,000 Class A shares representing limited liability company interests (“Class A shares”) at an anticipated initial offering price between $17.00 and $20.00 per Class A share pursuant to

Western Union Launches USDPT on Solana Advancing Regulated Digital Infrastructure for Global Payments

Lastest from Businesswire - 11 hours 11 min ago
DENVER--(BUSINESS WIRE)--Western Union (NYSE: WU) today announced the launch of USDPT, its U.S. dollar‑denominated payment stablecoin, marking a major milestone in the company’s evolution toward regulated, digital‑first financial infrastructure. Fully backed by U.S. dollars and issued by Anchorage Digital Bank N.A., the first federally regulated crypto bank in the United States, and built on Solana, USDPT is designed to operate within real‑world payment systems, combining blockchain‑based settl

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