02:47 PM EST, 01/16/2025 (MT Newswires) -- The software sector is poised for recovery in 2025 due to a stable macroeconomic environment, conservative guidance and improving sentiment after several years of underperformance, Oppenheimer said in a note on Thursday. Improved margins, and strategic opportunities such as increased information technology budgets, generative artificial intelligence investments, mergers and acquisitions, lower interest rates...

(Reuters) - Businessman Frank McCourt is open-minded to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned short-form video app, the U.S. billionaire told Reuters on Thursday. McCourt said in an interview his consortium has made a formal offer to buy TikTok from its Chinese parent company ByteDance, confirming reports...

02:36 PM EST, 01/16/2025 (MT Newswires) -- ArcBest ( ARCB ) said Thursday it has appointed Eddie Sorg, previously chief operating officer of asset-light logistics, as its chief commercial officer. The company also said it has named Christopher Adkins as chief strategy officer following his role as vice president of yield strategy and management. Dennis Anderson will continue to serve...

02:58 PM EST, 01/16/2025 (MT Newswires) -- LM Funding America ( LMFA ) said Thursday it mined 7 bitcoins in December, compared with 7.4 in November. The miner said its bitcoin holdings totaled 150.2 at the end of December, worth about $15 million. LM Funding expects to recognize a $4 million gain on the fair value of its mined Bitcoin...