02:00 PM EDT, 05/20/2024 (MT Newswires) -- MultiMetaVerse Holdings ( MMV ) said Monday that it signed a non-binding term sheet to acquire 100% of Bowong Technology and its subsidiaries for an undisclosed amount. Shares surged 135% as intraday trading volume catapulted to over 119 million shares from a daily average of about 70,000. NKGen Biotech ( NKGN ) said...

What Happened: Red Lobster ( DRI ) has filed for Chapter 11 bankruptcy protection, aiming to reduce its number of locations and find a buyer. The seafood chain has a stalking horse bid from its lenders to purchase the company unless a higher bid emerges, according to CNBC. The outlet reported last month that Red Lobster ( DRI ) was...

01:54 PM EDT, 05/20/2024 (MT Newswires) -- Dell Technologies ( DELL ) has launched a new range of personal computers with neural processing units to support speedy delivery of artificial intelligence tasks, Bloomberg reported Monday, quoting Chief Executive Michael Dell. Michael Dell was quoted as saying in an interview that the company will deliver these computers in volume this year...

01:51 PM EDT, 05/20/2024 (MT Newswires) -- The US Federal Trade Commission said Monday it has finalized an order to settle allegations against Blackbaud ( BLKB ) following a data breach in 2020. The commission said it voted 3-0-2 to give final approval to the settlement, which requires Blackbaud ( BLKB ) to delete data that it no longer needs...