Summary: Arrow Electronics selected as Cloud Commerce Manager for VMware in 19 European countries by Broadcom, providing access to VMware Cloud Foundation for VCSP partners. Arrow's two-decade experience in distributing VMware solutions across Europe positions them well to empower MSPs in an evolving landscape. Broadcom's new Advantage Partner Program for VCSP partners offers simplified pricing, improved margins, and richer benefits.
Full articleSummary: Stephenson Harwood advised Standard Chartered Bank on a unique US$1.3 billion project finance structure for Yinson Production's FPSO in Angola. The financing comprises three secured tranches with staggered maturities, featuring innovative carbon emission reduction technologies.
Full articleSummary: Nike's website traffic for running shoe category has declined steadily, while competitors like Hoka, Brooks, and Asics have seen growth in traffic visitation. Consumers are leaning towards recognizable and specialty running shoes brands, impacting Nike's market share and momentum in running segment.
Full articleSummary: Broadcom Inc. has announced the expansion of its global software distribution efforts through the Accelerate Program, aimed at improving support and service levels for a wider range of Broadcom software products across various regions. The program includes partnerships with regional distributor partners to provide localized technical support, personalized assistance, and value-added services.
Full articleSummary: Nike is falling behind running shoe competitors in terms of website traffic growth, with Hoka, Brooks, and Asics seeing significant increases in traffic while Nike experienced a decline. Despite recent challenges, Nike's global sportswear market share has remained stable to higher.
Full articleSummary: Clearway Energy Inc. (CWEN) reported a first-quarter loss of 2 cents per share, beating the Zacks Consensus Estimate of a loss of 27 cents. Revenues missed estimates and declined from the year-ago quarter. The company signed agreements for new projects and provided guidance for 2024.
Full articleSummary: Ola founder Bhavish Aggarwal aims to compete with tech giants like Google and Microsoft by offering affordable cloud services for AI development and building energy-efficient data centres.
Full articleSummary: SolarWinds Corporation (NYSE:SWI) reported Q1 2024 earnings with EPS of $0.29, beating expectations of $0.22. The company saw total revenue of $193 million, exceeding guidance, and demonstrated strong growth in ARR, subscription growth, and adjusted EBITDA margin.
Full articleSummary: Starwood Capital Group, Crescent Real Estate LLC, and High Street Real Estate Partners completed the sale of the award-winning 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts. The development is recognized for its eco-friendly design and luxury guest experiences.
Full articleSummary: Supreme collaborates with Nike SB to release a new collection of Darwin Low sneakers in four different color combos, with chartreuse expected to sell out the fastest.
Full articleSummary: Texas Instruments unveiled a new radar sensor, AWR2944, to strengthen its presence in the ADAS space by detecting obstacles, monitoring blind spots, and navigating effectively. The sensor is expected to help Texas Instruments capitalize on the growing automotive market and comply with safety regulations.
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