(CNN) The federal government must take "urgent actions" in its response to the coronavirus pandemic, a new report from the US Government Accountability Office finds. Medical supply shortages persist, despite efforts by the Department of Health and Human Services and the Federal Emergency Management Agency to mitigate shortages and expand the supply chain, the report found. States [...]
Top Glove, the world’s largest manufacturer of latex gloves, will shut down more than half its factories after nearly 2,500 of its workers tested positive for Covid-19 amidst a surge in demand for its gloves, a key part of personal protective gear. Of the nearly 5,800 workers the Malaysian company has tested so far, 2,453 [...]
Rubberex Corp (M) Bhd's net profit for the third quarter ended Sept 30, 2020 surged 13 times to RM39.52 million from RM3.11 million in the previous year's corresponding quarter, as demand for nitrile gloves spiked amid the pandemic. Revenue for the quarter jumped 75% to RM109.03 million from RM62.23 million a year earlier. "The improved [...]
KUALA LUMPUR (Dec 2): KAF Research said nitrile latex price could well breach US$3,000 per metric ton (pmt) in December, compressing the margins of some glove makers. The research house’s analyst Nabil Zainoodin said in a note that nitrile latex price, which has more than doubled to US$2,810 pmt from its lowest this year at [...]
iDreamSky Technology Holdings Ltd. and buyout firm CVC Capital Partners are considering reducing their offer to jointly acquire rival gaming company Leyou Technologies Holdings Ltd., according to people familiar with the matter. The suitors are seeking to significantly cut from a previous offer that would have valued Leyou at about $1.4 billion, the people said. Market volatility and [...]
Scopely has acquired game development studio PierPlay, the maker of the recently launched Scrabble Go mobile word game. The deal follows a pattern where Scopely partners with an external game studio, launches a game, and then acquires the studio if the game is particularly successful. That’s what happened in 2019 when Scopely bought Digit Game Studios, maker of its successful [...]
Bangkok-based private equity Lakeshore Capital has invested an undisclosed sum in PAÑPURI, a Thai wellness brand and producer of natural skincare, personal care and home ambience products Founded in 2003, PAÑPURI operates a network of stores across major cities in Thailand and has opened its signature stores in Bangkok and Tokyo, including a luxury organic [...]
Deliver next-generation mediation capabilities and offer high impact mobile video, at scale, while providing the greatest level of transparency & control San Francisco, CA - January 10, 2018 - InMobi, the world’s largest independent mobile advertising platform, today announced the acquisition of AerServ for $90 million in cash and stock to create the industry’s first [...]
By Andy Chalk March 02, 2018 Ubi also recently picked up mobile adventure developer 1492 Studio. We recently ruminated on some of the game studios Microsoft might be interested in buying to strengthen its first-party game output. But right now it's Ubisoft (which was on our hypothetical Microsoft shopping list) that's actually making the moves. [...]
Sarah Perez@sarahintampa / Mar 21, 2018 Pandora announced this morning it’s acquiring digital audio ad technology firm AdsWizz for $145 million, as a combination of at least 50 percent cash, with the remaining paid in either cash or stock at Pandora’s discretion. The company, whose technology will be used to upgrade Pandora’s own ad tech [...]
