Day: May 1, 2024

–News Direct– Ashkenazy Acquisition Corporation, a private real estate investment firm owned by Ben Ashkenazy, is proud to announce that it has revitalized Vernon Hills Village, the premier, open-air retail village in the heart of Westchester County, serving more than one million residents and visitors. Vernon Hills Village boasts more than 20 curated retail, entertainment, and food experiences, including newly signed tenants such as Nike, Sephora, Lululemon, Pottery Barn, Ever/Body, Sweetgreen, Serafina, and Starbucks. Ashkenazy is devoted to continually providing the most welcoming, interactive experiences at Vernon Hills Village, which is now 100 percent leased. Vernon Hills Village is an upscale, open-air retail village located on White Plains Road, a short drive from White Plains t...

–News Direct– Global travel technology company, OYOs US operations today announced plans to significantly expand its footprint in the United States. The company aims to add more than 250 hotels in the US in 2024. Last year the company added ~100 hotels in the US, taking the total count to over 320 hotels. This expansion will focus on some new as well as existing markets including Miami, New York City, San Francisco, San Jose, Boston, New Jersey, Las Vegas, Los Angeles, Manchester, Orlando, and San Diego. OYO was launched in the U.S. in 2019 and since then, has established a presence in over 35 states. We are seeing tremendous interest from hotel owners to partner with OYO as we have demonstrated our ability to drive significant revenue uplift for our hotel partners. Our operational expert...

–News Direct– Atrato Capital chief investment officer Steven Noble joins Proactive's Stephen Gunnion with news that Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has acquired a portfolio of 17 omnichannel supermarkets in France from Carrefour through a sale and leaseback transaction valued at 75 million. The deal ensures a leaseback to Carrefour for 12 years, yielding an initial return of 6.3% with the advantage of annual uncapped inflation-linked rent reviews. Noble emphasized that this move aligns with Atrato Capital's ongoing strategy to focus on omnichannel stores, crucial for both online and in-store grocery sales. The acquisition not only fits its existing investment strategy but also expands its addressable market to the French grocery sector, valued at 284 bi...

–News Direct– Ondo InsurTech PLC (LSE:ONDO) chief executive Craig Foster joins Proactive's Stephen Gunnion with an update on the deployment of its LeakBot devices to Nationwide clients in the United States. Foster said since partnering with Nationwide, one of the US's largest home insurance companies, in November, the first deployment in the state of Ohio had exceeded expectations, with an installation rate of over 70%, significantly higher than usual rates. He said the unsolicited shipment approach used, led to this high uptake. Further deployments are anticipated following this initial success, with discussions ongoing about expansion into additional states. Additionally, Foster touched on Ondo InsurTech's broader US operations, noting launches in Washington, ...

–News Direct– One Media iP Group PLC CEO Michael Infante takes Proactive's Stephen Gunnion through the company's 2023 financial performance, describing it as robust and in line with expectations despite a challenging global context. Infante highlighted the resilience and profitability of the business, which has maintained a focus on recurring income from music rights. The company continues to pay dividends and has successfully navigated challenges that have impacted larger firms. Infante also detailed advancements in its technical copyright analysis tool (TCAT) subsidiary, developed to detect music piracy across major platforms like Spotify and Apple Music. The software, leveraging AI, aids in combating the increasingly complex issue of music piracy. Further, Infante int...

–News Direct– Poolbeg Pharma PLC CEO Jeremy Skillington and Tim Cot CEO of Silk Road Therapeutics join Proactive's Stephen Gunnion with details of an exclusive 12-month option agreement with Silk Road Therapeutics for Poolbeg to acquire a novel topical drug aimed at treating oral ulcers in patients with Behet's disease, a rare and debilitating condition. Skillington said the move is aligned with Poolbeg's strategic focus on rare and orphan diseases. Cot, with an extensive background in orphan drug approvals from his time at the FDA, highlighted the potential of the drug given its unique formulation and unmet need in the market. He explained the severe impact of Behet's disease, underscoring the innovative potential of their topical treatment in improving...

–News Direct– Bandcamp, the worlds largest super fan platform supporting artists, is celebrating its 40th Bandcamp Friday On May 3rd 2024, an industry unique initiative where the platform doesn't take any revenue share at all, passing all funds along to artists. Since the inception of Bandcamp Fridays in 2020, the platform has contributed $123 million to artists through this initiative alone, complementing the $1.3 billion generated for artists across all Bandcamp transactions to date. This growth is fueled by a highly dedicated fanbase, growing at a rate of approximately 100,000 per month, whose engagement is not just supporting artists financially but also driving a significant shift in how music ecosystems can operate. Bandcamps strategy of fostering deep connections within its...

–News Direct– FTN Network, a company built for delivering affordable, customizable, and highly detailed NFL advanced charted data for betting, season-long fantasy, and daily fantasy, ushered the 2024 football season today with the release of its 2024 NFL Draft Team Grades and 2024 Rookie Fantasy Scouting Guide 2.0. The guide, which is authored by FTN President and Sirius XM Radio Host Jeff Ratcliffe, features rookie rankings, projections, veteran comps, dynasty value, trade value charts, draft boards, and more. FTNs 2024 football season started on a high note with a successful weekend of NFL Draft coverage after providing NFL fans with some the most accurate set of mock drafts in the industry. In a field of 137 contestants, three FTN analysts finished in the top 15 of the FantasyPros moc...

–News Direct– The second annual and first standalone Air|Water Porsche enthusiast show, produced by the Luftgekhlt events team, celebrated a tremendous success this weekend, with artistically curated cars attracting more than 11000 enthusiasts, who immersed themselves in the celebration of 75 years of everything Porsche. Footwork Arrows F1 car formed part of the 33-car white Porsche display at Air|Water 2024 The team welcomed more than 1000 registered display cars spread throughout the 130 acre site at the Orange County Fair & Event Center. There was no shortage of discoverable experiences and aching feet. From the galleries created in the six main exhibition halls, to the off-road and rallye machines in the Action Sports Arena, the Broad Arrow Live Auction in The Hangar, and a ...

–News Direct– By Jeremy Golden, Benzinga Artificial intelligence (AI) is on the cusp of transforming nearly every single industry. When it comes to healthcare, several trends have emerged. As doctors and scientists continue to innovate, the market for AI in healthcare is expanding. The AI healthcare market appears poised for growth, with a market size of $22 billion in 2023 a number thats expected to accelerate at a CAGR of 36.4% from 2024-2030. The market for AI in healthcare is expected to reach $187.95 billion by 2030, demonstrating the transformative shift its brought to the healthcare industry. AI-focused healthcare companies are driving this progress. Here is how three healthcare companies are harnessing AIs capabilities, using technology to drive innovation, target treatments a...