KANSAS CITY, Mo., Oct. 14, 2020 /PRNewswire/ — Infinity Intermodal has recently hired transportation industry sales veteran, Mark Markos, as its Midwest Business Development Director. Mark is located in the Chicago area and will be primarily focused on working with customers/companies in the Midwest (Illinois, Minnesota, Wisconsin, Indiana, Michigan, Iowa and Ohio) to help them move their frozen, refrigerated, perishable or dry freight in Infinity’s attached temp-controlled domestic intermodal containers from the Midwest via intermodal ramps in Chicago and Minneapolis to the Northwest via intermodal ramps in Seattle, Portland, Spokane and Salt Lake City.
Stated Paul Goss, CEO of Infinity Intermodal, “We are happy to have Mark Markos on board as a part of our marketing and sales team at Infinity to promote our westbound service offerings to the Pacific Northwest.”
Disney announced a major reorganization of its media and entertainment business on Monday to “further accelerate” its streaming strategy.
The company’s stock was up about 5% in after hours trading following the news.
“This is further proof that the direct to consumer model is not only well received, but more critical than ever to Disney’s future,” said Trip Miller, a Disney investor and managing partner at hedge fund Gullane Capital Partners. “These moves will not only result in higher quality content, and focused distribution, but allow the company to streamline corporate complexity and hopefully lower expenses.”
Miller also said that this move will allow Disney to further monetize in demand content and possibly “make up
“Studios: Messrs. Horn and Bergman will serve as Chairmen, Studios Content, which will focus on creating branded theatrical and episodic content based on the Company’s powerhouse franchises for theatrical exhibition, Disney+ and the Company’s other streaming services. The group will include the content engines of The Walt Disney Studios, including Disney live action and Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures.
General Entertainment: Mr. Rice will serve as Chairman, General Entertainment Content, which will focus on creating general entertainment episodic and original long-form content for the Company’s streaming platforms and its cable and broadcast networks. The group will include the content engines of 20th Television, ABC Signature and Touchstone Television; ABC News; Disney Channels; Freeform; FX; and National Geographic.
Sports: Mr. Pitaro will serve as Chairman, ESPN and Sports Content, which will focus on ESPN’s live sports programming, as well
Press release content from Business Wire. The AP news staff was not involved in its creation.
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SANTA CLARA, Calif.–(BUSINESS WIRE)–Oct 12, 2020–
Brillio, a leading digital technology consulting and solutions company, today announced it will be emphasizing its inorganic growth strategy heading into 2021, further underscoring its commitment to becoming the leading digital technology service provider in the world. The announcement comes just a few months after the acquisition of Cognetik, a data analytics services provider based in the U.S. and Romania.
Helping to enable Brillio’s strategy is its partnership with one of the world’s leading multi-asset investment firms, Bain Capital Private Equity (Bain Capital), which announced a majority stake ownership in Brillio in January 2019. Bain Capital has a long track record of partnering with management teams of technology and digital services companies to accelerate growth.
Baylor University Hankamer School of Business is proud to announce HR Technology and Consulting firm Eljun LLC as the MBA Focus Firm partner for Fall 2020. Focus Firm partners present Baylor MBA cohorts with real-world business projects, then work with students over several weeks to generate actionable insights. Eljun LLC’s projects span a wide array of topics, including an assessment of distributed workforce strategy, curating business requirements for a machine learning product, and marketing channel development.
Eljun LLC co-founder Zach Ledford, a Baylor MBA graduate himself, cites the meaningful impact he expects students to provide as a key motivator for the partnership. “Previous Focus Firm partners include household names like Dell and Lockheed Martin, which speaks to the caliber of the MBA students at Baylor,” says Zach. “We’re incredibly excited to have this same expertise help us navigate our own complex business questions.”
IBM is splitting itself in two, spinning off its legacy technology services business to focus on cloud computing and artificial intelligence, a move that reflects how decisively computing has shifted to the cloud.
The split is IBM’s effort to grab more of that fast-growing business and thrive amid the market leaders, Amazon Web Services, Microsoft and Google.
The business retaining the IBM name will include its cloud operations, along with its hardware, software and consulting services units. They represent about three quarters of the current company’s revenue.
The business to be spun off, in a company that has not yet named, is IBM’s basic technology services business, which maintains, supports and upgrades the computing operations of thousands of corporate customers.
That business is sizable, with sales of about $19 billion a year, but it’s not where the growth opportunities lie in the technology business.
COLUMBIA, Md., Oct. 7, 2020 /PRNewswire/ — Global workforce transformation solutions provider GP Strategies Corporation (NYSE: GPX) today reported the completion of its divestiture of its IC Axon business division to CM Canada Acquisitions, Inc., a wholly-owned subsidiary of ClinicalMind, LLC, a leading healthcare communications company. ClinicalMind paid GP Strategies approximately $28 million in cash for the business, subject to an adjustment based on the final determination of the business’s working capital as of closing, of which $1.5 million was placed into escrow for 12 months. Up to an additional $2 million of consideration may be paid to GP Strategies if IC Axon achieves certain revenue objectives for calendar year 2020. The acquired IC Axon business has trailing twelve-month revenue of approximately $12.5 million as of June 30, 2020.
“Our sales of assets in the last year have improved our liquidity and focused our efforts toward our largest