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Enterprises Face Infrastructure Overhaul to Support ChatGPT- - The ChatGPT-5 Infrastructure Challenge Businesses worldwide ar
AIBusinessTechnology

Enterprises Face Infrastructure Overhaul to Support ChatGPT-5 Integration, Analysts Warn

The ChatGPT-5 Infrastructure Challenge Businesses worldwide are facing significant infrastructure challenges as they prepare to integrate OpenAI's highly anticipated ChatGPT-5,…

Advanced Thermal Imaging and AI: A Breakthrough Approach to - Revolutionizing Honey Purity Testing with Thermal Imaging and
AIResearchTechnology

Advanced Thermal Imaging and AI: A Breakthrough Approach to Detecting Honey Adulteration

Revolutionizing Honey Purity Testing with Thermal Imaging and AI The global honey industry faces significant challenges with adulteration, where pure…

UK's New AI Powerhouse: How the Mary Coombs Supercomputer is - A New Era for UK Computing The Science and Technology Faciliti
AIComputingTechnology

UK’s New AI Powerhouse: How the Mary Coombs Supercomputer is Revolutionizing Business Innovation

A New Era for UK Computing The Science and Technology Facilities Council has unveiled what promises to be a game-changer…

BusinessStartups

Navan IPO Sets $6.5 Billion Market Cap Target Amid Tech Resurgence

Corporate travel platform Navan has set its IPO price range at $24-26 per share, targeting a market capitalization of up to $6.5 billion. The company’s public debut comes amid renewed investor interest in tech IPOs after a three-year drought.

Navan, the corporate travel and expense management software provider formerly known as TripActions, has established an initial public offering price range of $24 to $26 per share, potentially valuing the company at up to $6.5 billion in market capitalization. The updated filing comes as the technology sector experiences a resurgence in public market activity following an extended IPO drought.

Navan’s IPO Valuation and Market Position

BusinessStartups

Activist Investor Irenic Capital Urges Atkore to Explore Sale After Taking Stake

Activist investor Irenic Capital Management has acquired a 2.5% position in Atkore and is pushing the company to explore a potential sale. The move comes as Atkore faces significant operational challenges and leadership uncertainty following CEO Bill Waltz’s unexpected retirement announcement.

Activist investor Irenic Capital Management has taken a significant 2.5% stake in electrical products manufacturer Atkore and is urging the company to pursue a potential sale process. The activist’s intervention comes at a critical juncture for Atkore, which has seen its market value decline dramatically from early 2024 highs of $190 per share to approximately $60 per share amid operational missteps and leadership uncertainty.

Irenic Capital’s Activist Background and Strategy