Biossil Exits Stealth with $70 Million USD to Give Failed Medicines a Second Chance
Toronto‑based biotech Biossil has emerged from stealth after raising roughly $70 million in equity from investors including OpenAI and Founders Fund. The company leverages an AI platform to spot abandoned drug candidates, then licenses or purchases them to fast‑track development. It already has multiple molecules in clinical trials for diseases such as sickle‑cell anemia, idiopathic pulmonary fibrosis, glioblastoma, breast cancer and Alzheimer’s. With about 30 staff in Toronto and Boston, Biossil targets a nine‑figure valuation and aims to become a leading Canadian pharma player.
What Is Sales Intelligence and Why It Matters in 2026
Revenue teams are no longer battling a lack of leads; they are struggling with data confidence. Outdated or unverified CRM records erode targeting accuracy, forecasting reliability, and overall sales efficiency. Modern B2B sales intelligence supplies verified, compliant, and AI‑enhanced data...
Grocery Prices Will Keep Rising No Matter What Politicians Promise
Canadian grocery prices are climbing faster than in the United States, with families now spending roughly $1,200 more per year than before the pandemic. Inflation is driven by sharp increases in staples such as coffee (+30.8%) and beef (+16.8%). The...
FASB Provides Guidance on Paid-in-Kind Dividends
The Financial Accounting Standards Board issued ASU 2026‑01, establishing how issuers should initially measure paid‑in‑kind (PIK) dividends on equity‑classified preferred stock. The update requires measurement at the dividend rate specified in the preferred‑stock agreement, eliminating current GAAP gaps. It becomes effective...
UK Development Finance Arm Updates Investment Strategy Amid Aid Cuts
The UK’s development finance institution, British International Investment (BII), unveiled a new five‑year strategy that targets economic transformation in Africa and Asia while mobilising up to $9.6 bn of private capital. At least a quarter of new core investments will be...
Warner Bros. Discovery Shareholders Approve Paramount Skydance Deal
Warner Bros. Discovery’s shareholders voted to approve an $81 billion takeover by Paramount Skydance, setting the stage for a major media consolidation. However, a majority of investors opposed a proposed $550 million compensation package for CEO David Zaslav and other executives. The transaction...
Herjit Bhalla Takes over as CEO of Dabur
Dabur India announced Herjit S. Bhalla as chief executive officer of its India business, effective April 23, 2026. He succeeds Mohit Malhotra, who has been promoted to whole‑time director and global CEO of the packaged‑goods maker. Bhalla joins from Hershey,...
Almanac Health Launches with $10M to Scale Research-Validated Clinical AI for Point-of-Care Support
Almanac Health announced a $10 million seed round, bringing total funding to nearly $12 million, led by F‑Prime with participation from General Catalyst and Lightspeed Venture Partners. Founded by Stanford physician‑researcher Cyril Zakka, the company commercializes a retrieval‑augmented generation (RAG) system that...
Clorox Shows What SAP S/4HANA Transformations Require Before 2027
The Clorox Company completed a five‑year, $580 million SAP S/4HANA transformation, treating it as an enterprise reinvention rather than a simple system swap. Early decisions around strategic framing, realistic benchmarking, and a built‑in adoption network shaped the program’s stability after go‑live....
MongoDB to Create 200 New Jobs as It Invests €74m Into Irish Operations
MongoDB announced a €74 million (≈$81 million) investment in its Irish operations, creating 200 new jobs and expanding its hybrid workforce by over 50 % by 2027. The funds will bolster engineering, AI development, and product teams in Dublin and a new office...
New Driscoll’s CFO Has the Pedigree to Drive International Expansion
After 26 years at Coca‑Cola, Wadih Khayat joins Driscoll’s as CFO to spearhead its international expansion. Khayat brings experience overseeing finance for Coca‑Cola’s Europe and Asia‑Pacific markets and leading global venture strategy. He will focus on agile capital allocation, digital...
Talking to AI Agents Is One Thing — What About when They Talk to Each Other? New Startup BAND Debuts...
BAND, a startup founded by former Israeli intelligence veterans, emerged from stealth with a $17 million seed round to tackle the growing fragmentation of generative‑AI agents. The company introduces a deterministic "agentic mesh" that lets autonomous agents built on different frameworks—LangChain,...
NBCU’s Peacock Is Officially On Its Way To Profitability
NBCUniversal's streaming service Peacock is on track to profitability after a surge in sports‑driven advertising and subscriber growth. In Q1 2026, Peacock added 2 million subscribers to reach 46 million and its quarterly revenue jumped 71% to over $2 billion. The “Legendary February” lineup—including...
NBCU’s Peacock Is Officially On Its Way To Profitability
NBCUniversal’s streaming service Peacock added 2 million net subscribers in Q1 2026, bringing its base to 46 million and driving a 71% revenue jump that pushed quarterly earnings past $2 billion. The surge was powered by a "Legendary February" sports lineup—including the Winter...
Buffalo Bills Name Treasure Cave Its Official Cheese
The Buffalo Bills have named Treasure Cave blue cheese its official cheese, integrating the product into Highmark Stadium’s menu and fan experiences. The partnership introduces a house‑made blue‑cheese dressing for wings, pizza and subs, and launches a "Ticket Tuesday" giveaway that...
Voices: Freda Mowad, M.S., CCC-SLP, Chief Strategy Officer, Focal Point Care
Focal Point Care, launched a year ago, consolidates three specialized firms—Guided Care (managed‑care contracting), QRM (in‑house rehab management) and Future Care Consultants (billing and back‑office services)—to offer skilled‑nursing operators a single source for clinical, operational and financial support. The integrated...
NACS CEO Frank Gleeson on the Next Phase of C-Store Growth
Frank Gleeson, newly appointed NACS president and CEO, says the convenience‑store sector is moving beyond its historic reliance on fuel and tobacco toward foodservice, fresh offerings and digital engagement. He describes the change as rapid evolution rather than disruption, with...
Clinch Brings AI-Driven Creative Personalisation to Pause Ads Through OpenGlass Partnership
Clinch and OpenGlass have certified Clinch’s ad‑serving tags for pause‑ad formats across major CTV publishers such as Paramount, Tubi, and Plex, enabling AI‑driven creative personalization in real time. The integration collapses the historically fragmented, publisher‑by‑publisher workflow into a single tag...
Collaboration Security and Governance Must Be Proactive
Collaboration platforms have become prime attack vectors as enterprises adopt a growing suite of messaging, video, and AI‑enhanced tools. Generative AI now creates meeting transcripts, summaries, and even presentations, expanding the data surface that must be protected. A proactive governance...
Marriott Named a 2026 Where You Work Matters Platinum Employer
Marriott International has been named a 2026 Platinum Employer on the Where You Work Matters list, the highest distinction for U.S. employers. The hotel chain is the only hospitality company to achieve overall platinum status, reflecting strong career advancement and...
Google Tests “App Labs” Hub for Early Ad Features
Google is piloting an “App Labs” hub inside Google Ads, offering app advertisers a dedicated tab to trial experimental campaign features before they roll out broadly. The beta environment lets marketers run limited‑time tests, submit feedback, and explore tools still...
Middle Market Deal Terms at a Glance – April 2026
The Lead Left released SPP Capital Partners’ April 2026 middle‑market deal terms snapshot, comparing leverage ratios and pricing spreads for micro‑cap, small‑cap and mid‑cap companies against April 2025. The table highlights modest shifts—leverage levels remain broadly stable while pricing spreads...
Podtrac Releases March Multi-Channel Podcast Ranker
Podtrac released its March Multi‑Channel Podcast Ranker, the third monthly chart that blends audio, video and short‑clip consumption to rank U.S. podcasts. Meidas Touch Network’s “The Meidas Touch” held the top spot, while “The Joe Rogan Experience” remained steady at...
Finding New Relevance for a Legacy Brand: Victoria Lozano’s Crayola Journey
Victoria Lozano, former CMO of Crayola, spoke on the Marketing Vanguard podcast at Brandweek about keeping an iconic brand fresh by marrying nostalgia with current cultural trends. She highlighted that 57 % of Crayola sales now come from adults without children,...
LinkedIn’s New CEO Says the ‘Best Career Decisions’ He Ever Made Were About the People He Chose to Work With—Not...
Daniel Shapero, a 20‑year LinkedIn veteran, was appointed CEO, succeeding Ryan Roslansky. He credits his rise to mentorship and long‑term relationships rather than job‑hopping, emphasizing the people who shaped his skills. After growing LinkedIn’s recruiting revenue from $40 million to $1 billion, he...
Costco and the Discipline Behind Retail Supply Chains
Costco’s supply chain strength stems from a disciplined, low‑assortment model that leverages high volume to secure purchasing power and streamline replenishment. By limiting SKUs, the retailer reduces handling complexity, accelerates inventory turns, and keeps costs tightly controlled. Private‑label products deepen...
South Africa Planning Big Overhaul of Public Sector IT
South Africa’s Department of Communications & Digital Technologies has formalised a three‑year plan to overhaul the State IT Agency (Sita), with quarterly milestones beginning in 2026 and a draft business model due by March 2027. The overhaul follows an auditor‑general...
Handling Subject Access Requests with Confidence Under New Data Act
The Data (Use and Access) Act 2025 gives UK HR teams new, legally backed tools to handle the expected flood of subject access requests (DSARs) that will follow the Employment Rights Act 2025’s reduction of the unfair‑dismissal qualifying period to...
Bhujia Baron Shiv Ratan Agarwal, Who Built Bikaji Into a Global Snack Brand, Passes Away at 75
Shiv Ratan Agarwal, the visionary behind Bikaji, died at 75 after a brief illness in Chennai. He turned a modest family bhujia operation into a globally recognized snack brand, listing Bikaji Foods International in 2022 at an 8% premium and...
Tee Yih Jia Targets Plant-Based Growth with Asian-Western Fusion
Tee Yih Jia’s plant‑based brand ALTN is pursuing an “East meets West” strategy, launching new frozen meat‑free Asian and Western dishes as the broader plant‑based market slows. Leveraging its distribution network in 80 countries, the company refines recipes to appeal...
Firefly Expands Programmatic Capabilities Through Integration with VIOOH
Firefly, the world’s largest mobile out‑of‑home network, announced an integration with VIOOH, a leading DOOH supply‑side platform. The partnership lets advertisers access Firefly’s 60,000 moving screens through major demand‑side platforms, enabling real‑time, data‑driven buying of mobility‑based inventory. By embedding moving...
ADWEEK Brand Advantage: CMO Guard Change Reveals the New Growth Mandate
In March, three high‑profile chief marketing officers announced departures: DoorDash’s Kofi Amoo‑Gottfried after seven years, Suntory Beverage and Food Europe’s François Bazini after more than a decade, and Delta Air Lines’ Alicia Tillman after three years. These exits come amid...
Backed by Redesign Health, Gravity Rail Launches with $2.75M to Provide No-Code AI Operating System for Healthcare
Gravity Rail, backed by Redesign Health, launched with a $2.75 million seed round. The no‑code AI operating system lets healthcare teams build, certify, and run AI engagement workflows across voice, SMS, email and web without programming. Early adopters reported a 30%...
Amazon Ads & Global Announce Integration Bringing the UK’s Biggest Commercial Audio Brands to Amazon DSP
Amazon Ads and Global have launched a programmatic integration that connects Amazon’s demand‑side platform (DSP) with Global’s DAX exchange, giving advertisers direct access to the UK’s leading commercial audio brands such as Heart, Capital and Smooth. The partnership blends Amazon’s...
Inside the Grammys’ Anthropic Experiment: How In‑house AI Is Rewriting Workforce Rules
The Recording Academy is piloting an in‑house version of Anthropic’s Claude AI with about 20 senior leaders to formalize AI usage and boost productivity. Executive backing has accelerated the shift from ad‑hoc tools like ChatGPT to a governed internal platform,...
DefComm Unveils ‘Fail-Safe’ Secure Comms Tech; Enters Pilot Phase with Nigerian Military
DefComm, a defence‑tech startup, has begun pilot testing its proprietary Secure Communication Device with Nigeria’s Ministry of Defence. The pilot follows earlier deployments on Xshield‑DICON tactical vehicles and showcases fail‑safe retrieval and hardened encryption for network‑centric warfare. The initiative aligns...
UnitQ Launches AI Quality Intelligence Platform to Close the Gap Between Customer Experience and Business Outcomes
unitQ unveiled an AI‑driven Quality Intelligence platform that consolidates six specialized products into a single system, turning every customer signal into real‑time business insight. The platform links feedback directly to revenue, retention and risk metrics, replacing fragmented point solutions with...
Patricof Co, L Catterton ‘Champ’ Roster Includes Haliburton, Trout
Patricof Co and L Catterton have launched the Champion Athlete Managing Partner (Champ) initiative, targeting a $500 million fund backed by athlete investors. More than 10% of the capital is already pledged by NBA, NFL, MLB and WNBA stars such as Tyrese Haliburton...
Navigating Federal Cloud Adoption
Federal health leaders are accelerating hybrid cloud adoption to boost scalability, security, and mission delivery. Former HHS CISO La Monte Yarborough and CMS infrastructure director Wade Zarriello highlighted how cloud strategies have evolved and outlined the next steps for agencies....
Sean Duffy Wants $10 Billion For AI Air Traffic Control Software
Transportation Secretary Sean Duffy asked Congress for an additional $10 billion to modernize U.S. air‑traffic‑control infrastructure, with a focus on AI‑driven scheduling software. The request trims his earlier $19 billion ask but builds on the $12.5 billion already allocated under the Trump administration....
The Best SEO Reporting Software of 2026: Expert Tested and Reviewed
The 2026 roundup identifies Semrush as the premier SEO reporting platform, boasting a 25 billion‑keyword database and extensive automated reporting features. Ahrefs follows with the industry’s largest backlink index, while SE Ranking adds AI‑driven search‑tracking across generative AI engines. AgencyAnalytics and...
How to Show Appreciation for Retiring Employees
Organizations are confronting a surge in retirements and must move beyond paperwork to intentional recognition. Thoughtful retirement appreciation safeguards institutional knowledge, reinforces culture, and signals that long‑term contributions matter. Companies are urged to align recognition with core values, personalize the...
Aerie Ups Commitment to Authenticity with Enhanced Creator Program
Aerie has launched the Realmakers Community, a creator program that invites U.S. influencers with at least 1,500 followers on Instagram, TikTok, YouTube or Pinterest to earn commissions, receive product seeding, and attend brand‑led events. The initiative, built with the Duel...
I3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2026
i3 Verticals announced that its second‑quarter fiscal 2026 results will be released after the market close on May 7, 2026, with a follow‑up conference call on May 8 at 8:30 a.m. ET. The company provides cloud‑native, mission‑critical software to state and local governments across...
Golden Pass Ships First LNG Cargo, Launching Major New U.S. Export Supply
Golden Pass LNG, a QatarEnergy‑ExxonMobil joint venture, shipped its first export cargo from Sabine Pass, Texas, marking the transition from commissioning to commercial trade. The three‑train terminal aims to export about 18 million tonnes per annum, positioning it among North America’s...
BBOT Shakes up Leadership as RAS Competitors Get More Visibility
BridgeBio Oncology Therapeutics (BBOT) dismissed CEO Eli Wallace and promoted CSO Pedro Beltrán to chief executive as the board seeks faster progress on its RAS‑focused pipeline. Shares, already down 18% to $8.76, slipped further after the announcement. The board also...
U.S. Inflation Picture Is the Worst in Almost 4 Years
U.S. inflation has surged to its most severe level since 2022, according to a MarketWatch report. S&P Global’s service‑sector index rose to 51.3 in April, up from a three‑year low of 49.8, indicating modest expansion despite broader price pressures. Companies...
Honeywell to Sell Warehouse Automation Business Intelligrated and Transnorm as Portfolio Overhaul Continues
Honeywell announced the sale of its Warehouse and Workflow Solutions business, which includes the Intelligrated and Transnorm brands, to private‑equity firm American Industrial Partners in an all‑cash deal. The WWS unit generated about $935 million in revenue in 2025 and will...
EU Loan Throws Ukraine a Lifeline, but More Help Needed for War
The European Union approved a €90 bn (~$97 bn) loan for Ukraine, with half of the funds to be disbursed this year and the balance in 2027. The financing is split between roughly €17 bn per year for health, education and other public...
The Godmother of Silicon Valley Is Helping Launch an AI Healthcare Residency Program
Esther Wojcicki, dubbed the "Godmother of Silicon Valley," is spearheading an AI healthcare residency program aimed at equipping startup co‑founders with the technical and clinical skills needed to launch successful digital health ventures. The twelve‑month curriculum pairs entrepreneurs with seasoned...