Jio Platforms IPO Attracts Strong Demand in India’s Largest Share Offering
MUMBAI, India, October 20, 2026, ZEX PR WIRE — Jio Platforms attracted substantial investor demand as its $3.2 billion initial public offering opened for public bidding, marking a major development for India's equity capital markets. The offering is India's largest IPO to date and the first public share offering from Mukesh Ambani's Read more
CATL Profit Growth Slows as Electric Vehicle Battery Competition Intensifies
NINGDE, China, October 20, 2026, ZEX PR WIRE — Contemporary Amperex Technology Co. Limited, widely known as CATL, reported slower profit growth for the third quarter as intensifying competition in China's electric vehicle battery market weighed on its performance. The results highlight the challenges facing battery manufacturers as electric vehicle demand, pricing Read more
Apple Commits $100 Million to US Titanium Supply as Manufacturing Strategy Expands
CUPERTINO, United States, October 20, 2026, ZEX PR WIRE — Apple has committed to purchasing up to $100 million worth of titanium over three years from Pennsylvania-based Perryman Company, strengthening its effort to expand manufacturing activity in the United States. The agreement forms part of Apple's American Manufacturing Program and supports the Read more
Otter.ai Secures $320 Million in Financing to Expand Its Enterprise Business
MOUNTAIN VIEW, United States, October 20, 2026, ZEX PR WIRE — Otter.ai has secured $320 million in repayable growth financing from General Catalyst's Customer Value Fund as the artificial intelligence company prepares to expand its enterprise business and international presence. The financing provides the company with additional capital without requiring it to Read more
Salesforce Agrees to Acquire Braze in a $5.66 Billion AI Marketing Push
SAN FRANCISCO, United States, October 20, 2026, ZEX PR WIRE — Salesforce has agreed to acquire marketing technology company Braze in a transaction valued at approximately $5.66 billion, expanding its position in software that helps businesses manage customer communications and marketing campaigns. The agreement reflects the continuing consolidation of enterprise software as Read more
Thomson Reuters Revises Historical Financial Reporting Following Global Print Business Sale
TORONTO, Canada, October 19, 2026, ZEX PR WIRE — Thomson Reuters has issued supplemental financial information following the sale of a 51% stake in its Global Print business to investment funds advised by KKR. The transaction, which closed on October 1, resulted in the creation of a joint venture operating under the Read more
Google and McKinsey Agree to Purchase Carbon Removal Credits From Brazilian Project
SÃO PAULO, Brazil, October 19, 2026, ZEX PR WIRE — Google and McKinsey have agreed to purchase 320,000 metric tons of carbon removal credits over 10 years through a Brazilian silvopasture project, according to Reuters reporting published on October 19. The agreement links two major corporate buyers with a land management approach Read more
OpenAI Accelerates Fundraising as Anthropic IPO Plans Intensify Competition for Capital
NEW YORK, United States, October 19, 2026, ZEX PR WIRE — OpenAI is seeking to accelerate its fundraising process ahead of a potential public market debut by rival AI developer Anthropic, according to a Reuters report published on October 19. The effort highlights the growing competition among leading artificial intelligence companies to Read more
Microsoft Withdraws From UK Data Centre Agreement as Power Delays Complicate AI Expansion
LONDON, United Kingdom, October 19, 2026, ZEX PR WIRE — Microsoft has withdrawn from an agreement to anchor a major UK data centre project being developed by Nscale after delays to the site's electricity connection disrupted the planned supply schedule. The development highlights the practical challenges facing technology companies seeking to expand Read more
Nasdaq Rebounds as Semiconductor Stocks Recover From Their Longest Losing Streak Since 2008
NEW YORK, United States, October 19, 2026, ZEX PR WIRE — U.S. technology stocks recovered on Monday as investors returned to semiconductor companies and other artificial intelligence related businesses following a sharp selloff the previous week. The Nasdaq Composite rose 1.11% to close at 26,430.89, while the S&P 500 gained 0.41% to Read more
