By Aditya Kalra NEW DELHI, March 26 (Reuters) - Google's top India counsel, Bijoya Roy, has resigned after 16 months in the role, two sources said, a high-profile exit in a key market where the U.S.
By Aditya Kalra NEW DELHI, March 26 (Reuters) - Google's top India counsel, Bijoya Roy, has resigned after 16 months in the role, two sources said, a high-profile exit in a key market where the U.S.
Parradee Kietsirikul Olaplex Holdings ( OLPX ) stock surges 48.87% in Thursday’s premarket session following a definitive agreement to be acquired by German consumer giant Henkel AG & Co. KGaA ( HENKY ) ( HELKF ) ( HENOY ) in an all-cash transaction valued at $1.4B. The $2.06 per share cash offer represents a massive 55% premium over Olaplex’s March 25 closing price, and a premium of approximately...
Parradee Kietsirikul Olaplex Holdings ( OLPX ) stock surges 48.87% in Thursday’s premarket session following a definitive agreement to be acquired by German consumer giant Henkel AG & Co. KGaA ( HENKY ) ( HELKF ) ( HENOY ) in an all-cash transaction valued at $1.4B. The $2.06 per share cash offer represents a massive 55% premium over Olaplex’s March 25 closing price, and a premium of approximately 45% above the average price over the last 30 trading days. The transaction aims to combine the strengths of both companies in the professional channel, enhancing relationships with stylists and salons, enabling innovation through advanced technology and faster product development. Additionally, it merges OLAPLEX's strong North American market with Henkel’s global presence, leading to more growth opportunities. Since 2019, OLAPLEX has evolved into a science-focused brand with support from Advent, enhancing innovation, marketing, and community involvement, which sets it up for success under Henkel. Upon completion of the deal, expected in the second half of 2026, Olaplex will be delisted from the Nasdaq but will continue to operate as a standalone brand within Henkel’s professional hair care portfolio. Notably, Advent International, which holds a majority of the voting power in Olaplex, has already provided written consent for the transaction, so no further action is needed from other stockholders. Advent will fully exit its investment upon closing. More on Olaplex, Henkel AG & Co. KGaA Henkel AG & Co. KGaA 2025 Q4 - Results - Earnings Call Presentation Henkel AG & Co. KGaA (HENOY) Q4 2025 Earnings Call Transcript Olaplex: The Turnaround Is Lagging Henkel AG reports FY results; introduces FY26 outlook Olaplex outlines 2026 revenue guidance of -2% to +3% with focus on hero products and innovation
JHVEPhoto/iStock Editorial via Getty Images Shareholders of Super Micro Computer ( SMCI ) filed a proposed class action on Wednesday, accusing the server maker of securities fraud for allegedly concealing its reliance on China-linked sales that violated U.S. export laws. The complaint, filed in San Francisco federal court, alleges the company overstated its business prospects and inflated its stoc...
JHVEPhoto/iStock Editorial via Getty Images Shareholders of Super Micro Computer ( SMCI ) filed a proposed class action on Wednesday, accusing the server maker of securities fraud for allegedly concealing its reliance on China-linked sales that violated U.S. export laws. The complaint, filed in San Francisco federal court, alleges the company overstated its business prospects and inflated its stock price by failing to disclose that a significant portion of its server sales went to China and that it had material weaknesses in export control compliance. The suit seeks unspecified damages for Super Micro investors between April 30, 2024, and March 19, 2026. Super Micro ( SMCI ) did not immediately respond to Seeking Alpha’s request for comment. Super Micro Computer ( SMCI ) shares crashed more than 28% last week on Friday after three individuals linked to the company, including a co-founder, were charged with assisting in the smuggling of at least $2.5B worth of AI technology to China. In an indictment unsealed on Thursday last week, the U.S. government alleged that Yih-Shyan “Wally” Liaw, Ruei-Tsan, “Steven” Chang, and Ting-Wei “Willy” Sun worked together to violate the Export Control Reform Act. Liaw co-founded Super Micro in 1993, and joined its board of directors in 2023. Chang was a sales manager in the Taiwan office of Super Micro, while Sun was a contractor. Liaw resigned from Super Micro's board on March 20, 2026. U.S. officials allege the trio went to great lengths to hide their actions from both U.S.-based server manufacturers and export control authorities. The efforts had yielded around $2.5B in sales for the server maker since 2024, with $510M sold between late April 2025 and mid-May 2025 going to the Southeast Asian company and on to China, the indictment said. The plaintiff said the server maker had no U.S. Commerce Department license to export servers featuring Nvidia's ( NVDA ) GPUs to China. U.S. prosecutors did not name Super Micro in the compla...
Hispanolistic Verne, Pony AI ( PONY ), and Uber Technologies ( UBER ) on Thursday announced a strategic partnership to launch the first commercial robotaxi service in Europe, beginning in Zagreb soon, with initial deployment work already underway, including public-road validation. Under this model, Pony.ai ( PONY ) will provide its autonomous driving solution; Verne will act as fleet owner and ser...
Hispanolistic Verne, Pony AI ( PONY ), and Uber Technologies ( UBER ) on Thursday announced a strategic partnership to launch the first commercial robotaxi service in Europe, beginning in Zagreb soon, with initial deployment work already underway, including public-road validation. Under this model, Pony.ai ( PONY ) will provide its autonomous driving solution; Verne will act as fleet owner and service operator; and Uber ( UBER ) will integrate the service into its global ride-hailing network, complementing Verne’s own customer-facing platform. Together, the companies aim to build a scalable path toward commercial robotaxi services in Zagreb and, over time, potentially into additional European cities and other markets, with plans to scale to a fleet of thousands of robotaxis over the coming years. As part of this collaboration, the companies have already begun on-road testing in Croatia’s capital, Zagreb, using Pony.ai’s Gen-7 autonomous driving system, deployed on the Arcfox Alpha T5 Robotaxi. With preparations for fare-charging services underway, Zagreb is emerging as the first market for commercial robotaxi service in Europe. More on Uber, Pony AI Inc. Pony AI: Heading Into Earnings With A Scalable Edge Uber Technologies: Full-Stack AV Evolution Uber: I've Been Bullish For Years - Not Anymore Pony AI Inc. Q4 2025 Earnings Preview Uber to buy German chauffeur service Blacklane -- report
(RTTNews) - Next Plc (NXT.L) reported that its fiscal year profit before tax increased to 1.19 billion pounds from 987.0 million pounds, prior year. The company reported earnings per share of 745.4 pence compared to 605.5 pence. Revenue, including credit account interest, increas
(RTTNews) - Next Plc (NXT.L) reported that its fiscal year profit before tax increased to 1.19 billion pounds from 987.0 million pounds, prior year. The company reported earnings per share of 745.4 pence compared to 605.5 pence. Revenue, including credit account interest, increas