PALO ALTO, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Numero AI today announced the acquisition of Royu in an undisclosed cash-and-stock transaction, bringing together two AI-first companies with a shared vision to help controllers and finance teams build leaner, more efficient operations. The acquisition reflects the accelerating market demand for agentic platforms purpose-built for enterprise finance workflows and marks one...

07:38 PM EDT, 05/13/2026 (MT Newswires) -- Trump Mobile has started shipping its $499 T1 smartphones to customers after multiple delays pushed the launch from August to this week, Reuters reported on Wednesday. The company said pre-ordered phones are beginning to arrive and remaining orders are expected to be fulfilled over the next several weeks. Trump Mobile CEO Pat O'Brien...

07:30 PM EDT, 05/13/2026 (MT Newswires) -- QVR Advisors is closing its hedge fund and seeking a buyer for the management company, after the volatility-focused multi-strategy fund lost 30% from January through April, Bloomberg reported on Wednesday. Founder Benn Eifert said the firm was hurt by wrong-way bets and investor redemptions. QVR's assets had reached about $1.6 billion at their...

* IPO demand exceeded supply by over 20 times, leading to higher price and share count * Cerebras valued at $56.43 billion, largest US IPO this year * AI and defense sector IPOs surge as investor appetite rebounds (Updates to change attribution following company statement in headline and paragraph 1) By Echo Wang NEW YORK, May 13 (Reuters) - Cerebras...