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Month: March 2026

Merck to Acquire Terns Pharmaceuticals, Inc., Expanding Its Hematology Pipeline With TERN-701, a Novel Candidate for Chronic Myeloid Leukemia (CML)

Terns’ lead candidate TERN-701 is an investigational oral allosteric BCR::ABL1 tyrosine kinase inhibitor currently in Phase 1/2 development for certain patients with CML Merck to hold investor call at 8 a.m. EDT today RAHWAY, N.J. and FOSTER CITY, Calif., March 25, 2026 (GLOBE NEWSWIRE) — Merck (NYSE: MRK), known as MSD outside of the United States and Canada, and Terns Pharmaceuticals, Inc. (“Terns”) (Nasdaq: TERN), a clinical-stage oncology company, today announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Terns for $53.00 per share in cash for an approximate equity value of $6.7 billion. This equates to approximately $5.7 billion net of acquired cash and represents an approximate premium of 31% to the 60-day and 42% to the 90-day volume-weighted average stock...

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Akamai Launches Brand Guardian to Help Enterprises Combat Automated Fraud

AI-powered solution identifies and disrupts brand impersonation across the web, social media, email, app stores, and the dark web to protect customer trust and revenue CAMBRIDGE, Mass., March 25, 2026 (GLOBE NEWSWIRE) — Akamai (NASDAQ: AKAM) today introduced Akamai Brand Guardian. This evolution of Akamai Brand Protector adds proactive, AI-powered capabilities that can help global enterprises identify and manage brand impersonation at scale. Scammers are exploiting the widespread availability of generative AI to deploy sophisticated fake websites and digital identities in seconds, making it nearly impossible for businesses to keep pace using manual discovery methods. For companies in sectors like financial services, retail, and healthcare, these fraudulent sites threaten digital integrity, which often leads to lost revenue and damaged...

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Amaze Highlights First Quarter 2026 Achievements and Upcoming Priorities in Letter to Shareholders

NEWPORT BEACH, Calif., March 25, 2026 (GLOBE NEWSWIRE) — Amaze Holdings, Inc. (NYSE American: AMZE) (“Amaze” or the “Company”), a global leader in creator-powered commerce, today issued a letter to its shareholders highlighting achievements in Q1 and priorities for the remainder of 2026. Dear Shareholders, As we move through the first quarter of 2026, I want to take a moment to update you on our progress and how we are thinking about the next phase of Amaze. In our year-end letter, we spoke about 2025 as a transformative year—one where we stabilized the business, reduced our cost structure, strengthened the balance sheet, and positioned ourselves for growth. That work is now largely behind us. Our focus has shifted from fixing the foundation to scaling the opportunity. From Foundation to Flywheel Amaze has always been built around...

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ADMA Biologics Addresses Misleading Short-Seller Report

RAMSEY, N.J. and BOCA RATON, Fla., March 25, 2026 (GLOBE NEWSWIRE) — ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), a U.S. based, end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics, today addressed a report issued on March 24, 2026 by Culper Research (the “Short Report”), a firm that has published similarly negative “research reports” regarding public companies after taking short positions in the stock. The Short Report discloses that Culper Research holds a short position in ADMA. ADMA, and its Board of Directors takes seriously its obligations to fairly and accurately report its operating and financial results and make all public disclosures in accordance with the rules and regulations of the U.S. Securities and Exchange Commission and in accordance...

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NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity to Support Growing Demand

NOV to roughly double the capacity of its manufacturing facility in Brazil over the next three years to support anticipated demand $200 million capital expansion positions NOV to capture expected growth in offshore development activity and advance solutions for high-CO₂ applications Sustained high utilization and strong backlog across existing facilities support the need for additional capacityHOUSTON, March 25, 2026 (GLOBE NEWSWIRE) — NOV Inc. (NYSE: NOV) today announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200 million investment over the next three years. “We are expanding our subsea flexible pipe manufacturing facility in Açu, Brazil to support what we see as sustained, long-term demand,” said Jose Bayardo, Chairman, President and Chief Executive...

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PDD Holdings Announces Fourth Quarter 2025 and Fiscal Year 2025 Unaudited Financial Results

DUBLIN and SHANGHAI, March 25, 2026 (GLOBE NEWSWIRE) — PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2025. Fourth Quarter 2025 HighlightsTotal revenues in the quarter were RMB123,912.2 million (US$117,719.2 million), an increase of 12% from RMB110,610.1 million in the same quarter of 2024. Operating profit in the quarter was RMB27,719.7 million (US$3,963.9 million), compared with RMB25,592.2 million in the same quarter of 2024. Non-GAAP2 operating profit in the quarter was RMB29,474.1 million (US$4,214.7 million), compared with RMB27,996.5 million in the same quarter of 2024. Net income attributable to ordinary shareholders in the quarter was RMB24,541.0 million (US$3,509.3 million), a decrease...

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BOSS Zhipin Continues Share Repurchase Program; Cumulative Repurchases Reach Nearly RMB450 Million in FY26

BEIJING, March 25, 2026 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing around RMB34.4 million to repurchase 748,552 ordinary shares on March 24. Year-to-date in 2026, the Company has deployed nearly RMB450 million toward share repurchases. This move underscores the Company’s ongoing commitment to shareholder returns. On March 18, 2026, the Company’s board of directors (the “Board”) approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US$400 million of the Company’s shares (including ADSs) over the extended term of the program through August 28, 2027, in a sign of confidence about the Company’s continued growth. The...

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Seyond Showcases Award-Winning Hummingbird D1 and Robin W LiDAR at MODEX 2026

Debuting industry’s most complete LiDAR portfolio powering Physical AI for AMR and AGV applicationsSUNNYVALE, Calif., March 25, 2026 (GLOBE NEWSWIRE) — Seyond, a global leader in high-performance LiDAR solutions, today announced its debut at MODEX 2026, where it will showcase its latest high-performance LiDAR innovations powering Physical AI systems for the next generation of robotics, including autonomous mobile robots (AMRs) and automated guided vehicles (AGVs). Visitors to Booth A4114 can experience live demos of Seyond’s award-winning fully solid-state LiDAR, Hummingbird D1, alongside its breakthrough ultra-wide field-of-view Robin W. Built for AMR and AGV Performance Making its MODEX debut, Hummingbird D1 is a fully solid-state LiDAR series that has earned industry recognition for its performance, reliability, and compact...

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Kyivstar Subsidiary Uklon Expands Product Ecosystem with Bus Ticket Purchasing

“Travel” functionality now available in the Uklon App KYIV, Ukraine and NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) — Kyivstar Group Ltd (Nasdaq: KYIV; KYIVW), the parent company of JSC Kyivstar, Ukraine’s leading digital operator and part of VEON Group (Nasdaq: VEON), today announced its subsidiary Uklon, the largest ride-hailing firm in Ukraine, has launched its new “Travel” service in the Uklon mobile application. Users can now purchase tickets for domestic and international bus routes directly in the Uklon app without the need for third-party platform solutions. The launch of the beta version of the service continues Uklon’s transformation from a singular-product company into a diverse ecosystem of products and services, including ride-hailing, courier delivery through Uklon Delivery and its advertising...

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Auddia Announces LT350 Micro Warehouse Network in Parking Lots for Last Mile Delivery

Patented canopy platform transforms parking lots into logistics infrastructure PickDrop AI coordinates drones, autonomous EVs, and human couriers BOULDER, Colo., March 25, 2026 (GLOBE NEWSWIRE) — Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”) today announced LT350’s patented, parking lot native micro warehouse network designed to solve the last mile delivery challenge through a unified system that integrates drones, autonomous EVs, and human couriers. Built on LT350’s solar-integrated canopy architecture, the platform combines secure package lockers, vertical package elevators, drone charging cartridges, autonomous EV charging arms, and the PickDrop AI logistics engine into a single distributed logistics node. LT350 is one of three new businesses that would be combined with Auddia in the new McCarthy Finney holding company...

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