Todays News

NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), today announced that it will release its financial results for the first quarter 2024 before the market open on Tuesday, May 7, 2024. The Company will hold a conference call to discuss the results at 8:30 am ET that same day. The conference call can be accessed by dialing 1-800-717-1738 (domestic) or 1-646-307-1865 (international). A telephonic replay will be available beginning at 11:30 am ET by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 11155815. The replay will be available until 11:59 pm (Eastern Time) on May 14, 2024. Interested investors and other parties can access the webcast of the live conference call by visiting the Investors section of Emerald’s website at https://investor.emeraldx.com. An online replay will be available on the same website immediately following the call. About Emerald Emerald’s talented and experienced team grows our customers’ businesses 365 days a year through connections, content, and commerce. We expand connections that drive new business opportunities, product discovery, and relationships with over 140 annual events, matchmaking, and lead-gen services. We create content to ensure that our customers are on the cutting edge of their industries and are continually developing their skills. And we power commerce through efficient year-round buying and selling. We do all this by seamlessly integrating in-person and digital platforms and channels. Emerald is immersed in the industries we serve and committed to supporting the communities in which we operate. As true partners, we create experiences that inspire, amaze, and deliver breakthrough results. For more: http://www.emeraldx.com/. Contacts Emerald Holding, Inc. Investor Relations investor.relations@emeraldexpo.com1-866-339-4688 (866EEXINVT)

Well positioned to capitalize with its AI-led propositions, global delivery model and ideal mix of technology services and productsNEW YORK & NOIDA, India--(BUSINESS WIRE)--#AI--HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2024. The company reported full year revenue of $13.3 billion, up 5.4% YoY. Digital Services revenue grew by 5.3% (CC) and now contributes to 37.3% of IT Services revenue. HCLSoftware’s Annual Recurring Revenue came in at $1.02 billion. During FY24, the company won 73 large deals – 36 in Services and 37 in Software - that translated into TCV (new deal wins) of $9.76 billion, up 10% YoY. For the quarter, revenue came in at $3.43 billion, up 6% YoY. HCLTech won 21 large deals – 13 in Services and eight in Software, with a TCV of $2.29 billion during the quarter. In terms of geographies, Americas was the fastest growing region with 6.8% YoY (CC) growth followed by Europe, which grew by 5.5% YoY (CC). Industry vertical growth was led by Financial Services and Telecommunications, Media, Publishing & Entertainment. While Financial Services grew at 12.1% YoY CC for the full year, the Telecommunications, Media, Publishing & Entertainment vertical recorded 39.2% growth (YoY) during the quarter. The company announced a dividend of ₹18/share for the quarter, bringing the total to ₹52/share for FY24. HCLTech’s total people count at the end of the quarter stood at 227,481. The company hired a total of 12,141 freshers during the full year. LTM attrition further moderated to 12.4% from 19.5%. “HCLTech continues to lead the industry in FY24 with good USD revenue growth of 5.4% YoY during challenging times through our strong commitment to our clients and our people. More importantly, we have translated this growth into even higher value creation for our shareholders with our OCF (operating cashflow) coming at $2,711 million, up 21.6% YoY and FCF (free cashflow) at $2,584 million, up 27.7% YoY. As we look ahead, global enterprise technology spend will only grow with adoption of AI. We are well positioned to capitalize with our AI-led propositions, global delivery model and ideal mix of technology services and products,” said C Vijayakumar, CEO & Managing Director, HCLTech. For FY25, the company has given a guidance of 3%-5% revenue growth YoY (CC) and EBIT margin at 18%-19%. “HCLTech’s FY24 performance underlines the resilience of our business model with revenue at ₹109,913 crore, growing 8.3%. We delivered this industry-leading growth with EBIT at ₹20,027 crore, up 8.4%. Net Income (NI) for the year came in at ₹15,702 crore, up 5.7%, translating to an EPS of ₹57.86,” added Prateek Aggarwal, Chief Financial Officer, HCLTech. HCLTech is witnessing strong growth in cloud and cybersecurity. AI and GenAI are key areas of focus and the company recently launched HCLTech AI Force, an innovative GenAI platform that accelerates time-to-value by transforming the software development and engineering lifecycle, delivering greater productivity, improved quality and faster release timelines. It is system agnostic and offers a highly customizable suite of GenAI-based solutions that inject intelligence into software development and engineering workflows to improve efficiency and developer experience. Among the select GenAI deals that HCLTech won in the quarter are: A US-based biopharmaceutical company selected HCLTech to leverage GenAI and data engineering to automate the extraction of structured and unstructured data from diverse sources. A US-based financial services provider selected HCLTech to migrate its existing machine learning models to new-age GenAI platforms for greater agility, improvement and innovation in service delivery. HCLTech was recognized by Ethisphere as one of the World’s Most Ethical Companies in 2024. Other key recognitions that HCLTech received in Q4 FY24 are: Rated AA in the MSCI ESG ratings for the second consecutive year Included in the S&P Global Sustainability Yearbook 2024 for the second year in a row Rated as the fastest-growing IT services brand with 15.9% YoY growth in brand value among the top 10 IT companies globally, as per the 2024 Brand Finance Global 500 and IT Services Top 25 Report. About HCLTech HCLTech is a global technology company, home to more than 227,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending March 2024 totaled $13.3 billion. To learn how we can supercharge progress for you, visit hcltech.com. Contacts Meenakshi Benjwal, Americas meenakshi.benjwal@hcl.com Elka Ghudial, EMEA elka.ghudial@hcl.com James Galvin, ANZ james.galvin@hcl.com Siddhartha Bhatnagar, India bhatnagars@hcl.com

SAN FRANCISCO--(BUSINESS WIRE)--Yoneda Labs, the Y Combinator startup building a foundation model for chemists working in drug discovery, today announced it has raised $4 million in seed capital from Khosla Ventures, 500 Emerging Europe, 468 Capital, Fellows Fund, and Y Combinator. More than 400,000 chemists are working on chemical manufacturing around the world. While scientists have begun to leverage AI in the discovery and design of drugs, the chemists whose job it is to synthesize the drugs are forced to run trials in wet labs without much, if any, automation, simulation tools, or other computational support. As a result, the pharmaceutical and chemical manufacturing industries waste billions of dollars on failed chemical experiments each year. “When a chemist wants to couple two molecules together, they are left to old-school literature search and trial-and-error methods in a lab,” said Michal Mgeladze-Arciuch, founder and CEO of Yoneda Labs. “At Yoneda, our vision is to build a foundation AI model that analyzes and predicts what will happen before a chemist has to run their experiment. This would increase their productivity by an order of magnitude and potentially enable the creation of new drugs that isn’t currently possible to do cost-effectively at scale.” "Machine learning and generative AI models have already begun to accelerate physics-oriented fields like aerospace engineering,” said Jon Chu, partner at Khosla Ventures. “Chemistry will be no different and the team at Yoneda Labs has a novel approach to creating a foundation model for chemistry that could change the way chemicals are manufactured and improve the drug discovery process." Founding Team Yoneda Labs was founded by a group from the University of Cambridge with backgrounds in chemistry, robotics, and machine learning. The idea for Yoneda Labs was born when one of the founders, Jan Oboril, was working on drug development at a major pharmaceutical company. He felt he wasted hundreds of hours running trials in the lab that could be replaced with machine learning algorithms that could run the same experiments in silico. After joining forces with co-founders Michal Mgeladze-Arciuch, who worked on machine learning algorithms at Jane Street and researched large AI models at UC Berkeley, and Daniel Vlasits, who won an international robotics competition, the team built an initial prototype that improved Jan’s process in the lab and was accepted to Y Combinator. During their time at YC, the team identified 20,000 chemical reactions to generate proprietary data for their foundation model. In a small-scale trial, the models suggested good conditions in 95% of cases, a stark improvement to the industry standard in which the majority of the experiments fail. With this funding, they plan to build out a robotics lab capable of running experiments on the remaining 20,000 reactions to continue training the first-ever generalizable AI model for chemists. Later this year, they plan to be able to run and analyze 200 experiments a day, the equivalent output of roughly 20 full-time chemists. About Yoneda Labs Yoneda Labs is building the world’s first foundation AI model for chemical manufacturing. The company was founded by Michal Mgeladze-Arciuch, Jan Oboril, and Daniel Vlasits, who met at the University of Cambridge and identified an opportunity to bring machine learning to outdated pharmaceutical practices. Contacts Michal Mgeladze-Arciuch michal@yonedalabs.com+1 415 527 0498

PHILADELPHIA--(BUSINESS WIRE)--#HRTECH--During its IAMPHENOM 2024 Product Innovation Keynote, Phenom announced a massive wave of platform innovations — including Talent Experience Engine, X+ Agents, Talent Marketer Experience and Talent Leader Experience. These innovations deliver unique capabilities for talent acquisition and talent management — including sourcers, recruiters, event marketers, talent marketers, recruitment managers, HR leaders, Human Resources Business Partners (HRBPs) and HRIT professionals — to efficiently build talent relationships and personalize experiences to fill open roles faster, bring true productivity to every persona, and foster employee development across multiple channels at scale. “Designing products should never be about cool features. It’s always about the problems we’re trying to solve for human resources. This is our obsession,” said Mahe Bayireddi, CEO and co-founder of Phenom. “This is why we focus on phenomenal experiences that are contextually relevant and constantly adapting. This is the way we help a billion people find the right work.” HR Enters New Era of Automation and Augmentation AI has created a technological shift, leading to revolutionary change that impacts organizations across all industries. The essential building block to adapt and achieve productivity is acquiring talent with the right skills. This can only be accomplished with a design-centric platform infused with intelligence that deeply understands the intricacies of users, customers and industries, including their unique preferences and requirements. This creates a reality where the time-consuming, manual efforts of every talent practitioner will be replaced by automated and augmented work — resulting in empowering, productive and operational experiences. When HR teams appropriately harness data, integrations, automation and AI, they can: Dramatically impact the effectiveness of tasks, jobs and processes Identify and remove clogs that are disruptive to experiences and productivity Support a broad range of talent acquisition and management use cases Phenom Talent Experience Engine Targets Next-Generation Personalization Talent marketers continue to struggle due to limited resources and the need to quickly create a large volume of relevant content that engages, nurtures and converts talent. Leveraging standard AI tools for this purpose is ineffective since critical context from talent acquisition and management is missing. Talent Experience Engine transitions talent marketers from content creators to talent strategists with unparalleled efficiency. By harmonizing large datasets of candidate, employee and alumni information, Talent Experience Engine identifies, creates and delivers personalized on-brand campaigns for each individual. By unifying persona and journey data, talent marketers can operate with greater efficiency and meaningfully engage both internal and external ideal candidates based on job interest, experience and aspirations. Talent Marketers can leverage Talent Experience Engine to quickly: Create Content: use Phenom X+ to generate new personalized content, such as landing pages, emails and SMS — all at scale. Identify Segments: leverage real-time platform data to automatically identify high-performing, relevant segments to target outreach. Build Personalized Journeys: create a structured engagement plan for candidates, employees and alumni that serves up appropriate content driven by recommendations based on in-depth analysis of past performance. Automate Outreach: identify the best channels (including email, text, chatbot and events) and timing of messaging for each segment to maximize engagement and conversion. With this combination of capabilities, Talent Experience Engine can assemble an entire campaign, including: identifying target audience segments, determining their journey for consuming content and delivering insights to optimize outcomes. Phenom X+ Agents: Building On Award-winning GenAI Foundation Since its inception, Phenom X+ Generative AI has supported 50+ HR use cases for thousands of platform users, automating content creation, surfacing actionable intelligence and eliminating time-consuming tasks for hundreds of customers. Now, Phenom is expanding its impact with X+ Agents that understand, reason and rapidly complete tasks such as sourcing, identifying best-fit candidates, and fostering career pathing and employee development. Rather than prompting GenAI to complete single tasks — and repeating this to achieve a desired result — X+ Agents are powered by multiple GenAI models that run at the same time to interact and guide each other — proactively making revisions to the initial prompt. By working together in parallel, they understand, reason, and rapidly complete tasks — drastically reducing the time HR professionals spend using tools to deliver results. Specialized X+ Agents include: X+ Source: optimize the effectiveness of sourcing efforts by quickly segmenting talent pools and generating hyper-personalized journeys that attract best-fit candidates. Simply ask X+ Source to find the candidates needed to fill a specific role and define the location, and it handles the rest by surfacing best-fit talent, providing logic-based recommendations, summarizing what’s most important in the search result, and conducting automatic outreach to establish initial contact. X+ Workforce Intelligence: connects data interactions from employees, management and HR teams, candidates, and recruiters with insight and context to deliver real-time talent intelligence for proactive retention and growth. HR teams and managers can identify skills gaps, create personalized development plans and designate successors based on data to find the ideal candidate. New Phenom Platform Experiences Talent Marketer Experience empowers talent marketers to craft hyper-personalized content, and captivate candidates and employees with unique journeys that drive engagement through advanced applications of AI and automation. Now, talent marketers have a single experience to manage content, design campaigns, create on-brand video content, segment talent, engage through the most effective channels, and put talent stakeholders into journeys that elevate engagement throughout the entire talent lifecycle. Specialized X+ Agents have been incorporated to guide talent marketers on relevant tasks from content creation to campaign design. Talent Leader Experience enables recruitment managers to get a comprehensive overview of their organization, as well as insights into individual and team-wide performance. This includes complete visibility into all of the requisitions their teams are managing, and how many candidates their recruiters are interfacing with. X+ Agents provide detailed suggestions on action plans based on hiring type (frontline or knowledge workers) that can be pushed to their teams. New Innovations for Talent Acquisition Advanced Screening empowers hiring teams to make the most intelligent hiring decisions as quickly as possible by providing comprehensive insights based on recorded answers, situational judgment-related questions and call simulation — no matter the job type. Interview Assistant automatically takes notes, manages questions and summarizes insights before, during and after interviews with real-time transcription and summarization capabilities. This enables hiring teams to shift their focus to impactful interactions with candidates. The data that is collected, organized and analyzed reduces human error, leverages AI in a safe way and supports them with confident hiring decision-making. Contingent Talent Hiring enables organizations with strong brand recognition to attract individuals seeking contractor roles. Now with Phenom, companies can easily hire temporary or contingent workers through a seamless job discovery and application process. Supported integrations with multiple Vendor Management Systems (VMS) and payroll providers to enable easy contingent labor onboarding. Live Events simplify the creation of events for specific industries, including Healthcare, Transportation, Retail, and Hospitality, all within Talent Experience Engine. Automatically target key demographics for recruiting events through email campaigns, SMS messages and event registration forms. Live Events introduces a personalized lobby experience for virtual events for talent with the ability to review content, attend multiple booths and auto-summarize their experience in their inbox. Phenom Assessments have expanded the existing behavioral and language assessments to include motivation and interest assessments to guide early talent to the right jobs. X+ Fit Score enables talent acquisition professionals to extend the typical criteria used to formulate fit scores, or customize the scores in the context of the role. This includes: Fit Score+, which leverages rich context from every talent interaction to produce a fit score that improves prioritization and decision-making. Assess candidates beyond titles, skills and experiences by leveraging external data including employee background, prior interviews, past conversations, performance results or job levels within a company. Personalized Fit Score, which gives recruiters and hiring managers the flexibility to customize the criteria used to formulate AI-powered candidate scores based on their unique needs. These can include or exclude the typical AI-scored parameters (e.g., skills, location and experience) in addition to others such as responses to knockout questions or job-specific questions like shift preferences. Hiring teams can also set specific criteria such as an employee’s performance management results or levels within a company. New Innovations for Talent Management Frontline Employee Experience introduces a new mobile-optimized solution built specifically for deskless workers. This makes it easier for frontline employees in industries such as Transportation, Retail, Hospitality and Manufacturing to complete assigned learning, view supervisor assessments and unlock future career opportunities. Performance Intelligence streamlines coaching, mentoring and manager 1:1s to deliver insights that empower people managers to better support their employees’ career development. After automatically capturing training and coaching insights, creating action items and generating meeting questions, it then summarizes follow-up action items, next-step meetings and training recommendations. Building on a Decade of Platform Innovation The latest wave of product innovation is driven by Phenom’s robust platform architecture built over the last 13+ years that: Captures every candidate and employee transaction from the time they search for jobs to the time they retire Identifies meaningful relationships between different data points that are captured from those interactions (e.g., skills, roles, content consumption and interview details) Mines organizational processes, tasks and communications to identify inefficiencies and recommend opportunities to apply automation and optimize the experience This manifests across the platform, including all specialized X+ Agents. A mature integration framework unifies data to connect interactions throughout the talent lifecycle. Phenom empowers organizations to achieve the level of productivity required to hire faster, develop better and retain longer. With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIS easily integrates existing HR tech to create a holistic infrastructure. To learn more about the latest Phenom innovations, read the blog. To see the newest technology in action, register for the live virtual event. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, hiring managers, HR and HRIS — empowering diverse and global enterprises with innovative products including Phenom Career Site, Chatbot, CMS, CRM, AI Scheduling, One-Way Interviews, Campaigns, University Recruiting, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (4 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), five Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in AI for Business Impact,’ Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit www.phenom.com. Connect with Phenom on LinkedIn, Twitter, Facebook, YouTube and Instagram. Contacts Media: Jennifer Lyons Phenom 267-379-5066 jennifer.lyons@phenom.com

NEW YORK--(BUSINESS WIRE)--Family-run communications agency 29 London officially announces their partnership with privately owned media company, Bobi Media based in New York City. Female-founded business owners Francesca Gamble (29 London) and Sarah Hill (Bobi Media) are building a bright future by combining the expertise of two boutique agencies to serve International audiences. The partnership has been born out of continuing demand from UK and US clients requiring more localized on-the-ground marketing intelligence to better serve their customers and see a bigger return on investment, covering PR, social media, content production, event, VIP and influencer marketing sectors. Founder 29 London Francesca Gamble commented: “This is an exciting new step in our company's growth, we have been doing a lot more work in the US and it made sense to make that official with Bobi Media. We are excited about the future of working across global projects together and bringing our complementary expertise to be united as a stronger force in the marketplace.” Sarah Hill commented: “It’s rare to find another company that closely aligns with your own so well. We’re thrilled to partner with the incredible talent at 29 London, and expand our unique offering to clients. I look forward to the magic we all create together.” To Editors 29 London: The team at 29 London has worked across a plethora of clients including Nike, Pimm’s, Virgin, Diageo, Pernod Ricard, Wimbledon, FT Weekend, Concha y Toro, Soho House, Caprice Holdings and more, and VIPs including Prince Harry, Irina Shayk, Naomie Harris, Kendall Jenner, Cara Delevingne, Jodie Kidd, David Gandy, Jack Whitehall, Jermey Irvine, Pixie Lott, Ella Eyre, Becky Hill, Tom Allen, Aj Odudu, Winnie Harlow, Jo Froggatt, Nicola Coughlan and many more. Francesca is the host and producer of her successful podcast Becoming More Human guests included Henry Holland, Louise Hazel, Ashley Walters, Sadie Frost & more. www.29-london.com Bobi Media: Since 2018, Bobi Media has worked with businesses from around the world from its New York headquarters, specializing in creating engaging content that captures the attention of a target audience. Our services include social media, influencer management, content production, digital marketing, and PR management with renown clients in entertainment, publishing, beauty, wellness, and other, mostly, consumer verticals. www.bobimedia.com Contacts Founder Francesca Gamble francesca@29-london.com Founder Sarah Elizabeth Hill: sarah@bobimedia.com917-862-5424