Red Light Holland announced plans to rebrand and change its company name following its acquisition of Filament Health. This move reflects the company's strategic shift toward a science-driven pharmaceutical platform specializing in regulated psychedelic medicines, including the clinical development of PEX010, a botanical psilocybin drug candidate. The name change will be voted on by shareholders at the Annual General and Special Meeting on May 11, 2026. The rebranding aims to better represent the company's expanded operations in clinical research, GMP manufacturing, and FDA-aligned drug development across multiple business segments.
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...
TripAdvisor has agreed to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in cash. TheFork generated $232 million in revenue and $28 million in adjusted EBITDA in the past year. This sale supports Trip...
Fox is acquiring Roku for $160 per share in a $22 billion cash and stock deal, combining Fox's content and Tubi service with Roku's 100 million global streaming households. Fox shareholders will own 73% of the combined company, while Roku shareholder...
Tripadvisor has agreed to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in cash. This move allows Tripadvisor to concentrate on its core Experiences business while leveraging the value built in TheFo...
Starboard Value, led by Jeff Smith, fully exited its positions in Salesforce and Autodesk in Q1 2026, shifting focus to Lamb Weston and CarMax. The hedge fund's activism helped Salesforce improve margins and execute a $25 billion share buyback before...
