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Business Wire
14-07-2025
- Business
- Business Wire
Clover Enhances All-in-One Platform With Homebase, Empowering Small Businesses With Integrated Workforce Management
MILWAUKEE--(BUSINESS WIRE)-- Clover, the world's smartest point-of-sale system, under parent company Fiserv, today announced system enhancements with integrated workforce management capabilities from Homebase, the all-in-one platform for small business team management. This collaboration reinforces Clover's commitment to empowering small and medium-sized businesses (SMBs) with a comprehensive platform designed to seamlessly run their operations, including employee management, to drive better efficiency and growth. The enhancements will embed Homebase's scheduling, time tracking, and employee management capabilities into the Clover Web Dashboard, providing merchants with a single platform to manage their daily operations. "Small business owners know that every hour counts, and the burden of manual data entry alone can consume many hours each week," said Will Karczewski, Head of Clover. "By embedding Homebase's powerful employee management tools directly into the Clover Web Dashboard, we're delivering a seamless, all-in-one solution. This empowers owners to significantly reduce administrative tasks, giving them back valuable time to focus on their customers and growing their passion.' Key advantages of Clover's workforce management solution include: Unified Workforce Management: Clover seamlessly embeds Homebase's leading time clock, scheduling, and timesheet solution into the Clover Web Dashboard, providing SMBs with a powerful, all-in-one platform to manage hourly teams effortlessly. Optimize Labor & Boost Profitability: By leveraging tools that prevent early clock-ins and proactively manage overtime expenses, small businesses can benefit from more efficient operations that directly impact their bottom line. Empower Your Team & Enhance Communication: Create a more connected and productive workforce with built-in team messaging that's easily accessible on Clover devices, in addition to employee self-service features for schedules and timesheets. This helps ensure frictionless communication and allows teams to take control of changing or covering shifts. Simplify Payroll & Focus on Growth: Businesses can benefit from automated timesheet generation and easy export. These features eliminate manual data entry and errors, freeing up valuable time for owners and operators. 'Small businesses need technology that saves them time and makes their lives easier," said John Waldmann, CEO of Homebase. "By bringing Homebase's award-winning team management tools directly into the Clover Web Dashboard, small businesses can manage team schedules, track employee hours, and see sales data all in one place, streamlining day-to-day operations and eliminating the need to switch between multiple systems.' Hundreds of thousands of small businesses will benefit from the embedded solution, as it will be seamlessly deployed via the Clover Web Dashboard in a phased rollout beginning in August 2025. To learn more about Clover, visit and follow @clovercommerce on Instagram, X, Facebook, and LinkedIn. To learn more about Homebase, visit and follow Homebase on Instagram, X, and LinkedIn. About Fiserv Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover ®, the world's smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500 ® Index, one of TIME Magazine's Most Influential Companies™ and one of Fortune ® World's Most Admired Companies™. Visit and follow on social media for more information and the latest company news. About Homebase Homebase is the everything app for hourly teams, with employee scheduling, time clocks, payroll, hiring, communication, HR, and more. More than 100,000 small (but mighty) businesses rely on Homebase to make work radically easy and give their teams superpowers. As the leader in small business team management, Homebase tracked 1+ billion hours for 2.5+ million workers last year. Homebase was named a 2024 Fast Company's Brands That Matter, and is backed by leading venture investors L Catterton Growth, Emerson Collective, Notable Capital, Bain Capital Ventures, Khosla Ventures, Baseline Ventures, Cowboy Ventures, and PLUS Capital. FI-G
Yahoo
26-06-2025
- Business
- Yahoo
Cleveland Cavaliers' Owner Retains Bank to Sell Stake in NBA Franchise
Cleveland Cavaliers owner Dan Gilbert is looking to sell a stake in his NBA franchise, according to a half-dozen sources who asked not to be named because the details are private. He has retained Allen & Company to explore selling up to 15% of the team, according to three of those sources. The transaction could be in one parcel or to several individuals. Gilbert would retain his majority stake in the team he bought in 2005 for $375 million, which was a record at the time for a standalone NBA franchise. In December, Sportico valued the Cavs at $3.95 billion in its NBA team valuations, which ranks 18th in the league. Advertisement More from The Cavaliers and Allen & Company declined requests to comment. NBA values have doubled over the past four years—and are up 1,100% over the past 15 years—to an average of $4.6 billion in December. To top that off, in the past three months, the Boston Celtics ($6.1 billion) and Los Angeles Lakers ($10 billion) reached agreements to sell their franchises at 8% and 24% premiums to Sportico's estimated values. The Cavaliers are coming off their second-best regular season in franchise history. Their 64-18 record included a franchise-best 15-0 start to the season, and the win tally sits only behind the 66 victories during the 2008-09 campaign. Last month, the Indiana Pacers knocked them out of the playoffs in the Eastern Conference semifinals. Advertisement The Cavaliers are led by guard Donovan Mitchell, who was voted First-Team All-NBA this year, and Evan Mobley, who made the second team. Mitchell is under contract for the next two seasons, with a player option for 2027-28, while Mobley starts a five-year, $269 million deal next season, making the Cavs a substantial luxury taxpayer. The team last had to pay the luxury tax during the 2017-18 season, LeBron James' last with the team before he joined the Lakers. During Gilbert's two decades as owner, the Cavaliers have made five NBA Finals—largely on the back of James—with the franchise's lone title coming in 2016. Last year, Allen represented immersive media platform Cosm when it raised more than $250 million from investors, including Gilbert. The bank was also retained to lead the WNBA's expansion process for its 16th team, with a Cleveland bid from Gilbert one of the leading contenders to nab the slot. Advertisement Gilbert's sports assets sit within Rock Entertainment Group and also include the Cleveland Monsters in the AHL and Cleveland Charge in the NBA G League. REG also operates Rocket Arena, Cleveland Clinic Courts and Rock Entertainment Sports Network, a joint venture with Gray Media. In November, the company announced its plans to bid on the WNBA expansion franchise. Gilbert made his first fortune in the mortgage business with Quicken Loans, which is now Rocket Mortgage. He has a net worth of $32.1 billion, according to Bloomberg. Best of Sign up for Sportico's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
The Citizen
18-06-2025
- Politics
- The Citizen
Mounting frustration as BRT project lags
The metro is facing growing frustration over the prolonged delays with the Bus Rapid Transit (BRT) Line 2B expansion along Lynnwood Road. Both residents and councillors are raising the alarm about the sluggish progress. Line 2B of the A Re Yeng system starts at the N1 interchange on Atterbury Road, runs down Atterbury into Lynnwood Road and continues to Loftus Versfeld Stadium in Arcadia. The route is seen as a vital link for east-west commuters, connecting suburbs, schools, universities, and business districts. Ward councillor Siobhan Muller said the project, which was supposed to be completed in November 2024, appears to be going 'backwards' rather than moving forward. According to Muller, the physical building of the project began in 2023. 'For the last three months, it hasn't just stagnated; it's been going in reverse,' Muller said. 'There are ripple effects for everyone, from people trying to access the University of Pretoria to those commuting along Lynnwood Road or dropping children off at nearby schools.' She said the construction delays were being compounded by issues around land expropriation, service relocations, and requests for project extensions. 'This project was meant to ease traffic and benefit the city, but we are now in June and nowhere near completion. It urgently needs to move faster.' Echoing her concerns, DA councillor Dikeledi Selowa criticised the metro administration, calling the repeated delays a failure in governance. 'This project is only at 61% completion, even after a six-month extension,' Selowa said. 'It is clear that this administration has failed to properly finalise the expropriation process and relocation of services, leaving Tshwane exposed to potential legal action.' According to Tshwane spokesperson Lindela Mashigo, the metro has now set a revised completion date of July 18. However, he said the Roads and Transport Department is reviewing a report submitted by the project consultant, requesting yet another extension. Mashigo identified the key causes of delay as land expropriation challenges and slow progress by the contractor. He confirmed the current overall project progress at 62%, with some sections more advanced than others: – King's Highway culvert section: 83% – Culvert upgrade: 90% – Justice Mahomed intersection: 96% – Lynnwood and Atterbury intersection: 46.8% – University and Roper intersection: 25% When asked about the status of land acquisition and service relocation, Mashigo said the expropriation process has been concluded. 'The city is currently processing compensation payments and negotiating remaining agreements.' ALSO READ: Tshwane energy summit pushes for small nuclear reactors as future power solution Do you have more information about the story? Please send us an email to bennittb@ or phone us on 083 625 4114. For free breaking and community news, visit Rekord's websites: Rekord East For more news and interesting articles, like Rekord on Facebook, follow us on Twitter or Instagram or TikTok. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading! Stay in the know. Download the Caxton Local News Network App Stay in the know. Download the Caxton Local News Network App here
Yahoo
30-04-2025
- Health
- Yahoo
Folia Health and Inspire are Partnering to Bring Personalized Home Health Observations to the Forefront of Patient Focused Drug Development Research
BOSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Folia Health, the pioneer of patient-driven Home Reported Outcomes (HRO), has partnered with Inspire, the world's leading online health community and real-world data platform, to uniquely empower patients and caregivers with the opportunity to contribute a highly personalized form of structured at-home health observations data to accelerate patient-focused drug development research. In this collaboration, Folia and Inspire will focus on building longitudinal Real-World Evidence (RWE) Communities in some of the most complex and heterogeneous conditions to unlock insights that have been previously unattainable and unmeasurable in other data sources. Folia's HRO technology platform and user experience (UX) have been designed in collaboration with patients, caregivers, and clinicians to generate longitudinal insights that are dynamic to each individual. By allowing participants to self-select and define what's most meaningful to share about their lived disease experiences, we can now uncover aspects of diseases that have been the most difficult for researchers to understand and measure when developing novel therapies. 'We are thrilled to partner with Inspire to engage their member communities with our innovative, app-based solution that has been designed to bridge the gap between clinical care decision making and real-world evidence research. These RWE Communities within Inspire's member populations will provide a truly unique combination of real-world data that is required to answer the toughest questions in drug development and reimbursement today.' Nell Meosky Luo - CEO of Folia Health. As the world's largest online health community, Inspire is the go-to platform for patient and caregiver data, research and engagement. Inspire offers unique access to focused patient populations to support initiatives at every phase of development – from preclinical to post-approval marketing. Inspire is a trusted partner to over 100 patient advocacy organizations, and continues to identify opportunities that put patients and caregivers at the forefront of the most important questions in healthcare. 'At Inspire, we believe that empowering patients and caregivers to contribute their lived experiences is essential to driving meaningful research. By integrating Folia's innovative home-reported outcomes with our engaged health communities, we're unlocking new possibilities for real-world evidence generation that reflects the true patient journey—ultimately accelerating patient-focused drug development.' Brett Kleger - CEO of Inspire. Folia | Inspire - Revolutionizing Patient-Centered Real-World Evidence ResearchThis partnership enables the first large-scale digital approach to collecting the real-world lived experiences of patients outside of the clinic setting using Folia's HROs, and will directly measure patient-defined burden and the impact of various treatments on quality of life. These insights will be integrated with Inspire's member linked administrative claims data, EMR records, and AI enabled social media listening insights for the most robust patient-level insights available for patient-focused drug development research available today. The fully remote research model eliminates the need for clinic visits or research sites, while equipping patients with powerful insights to share with their care teams to ultimately receive more precise care. Unlike nearly every current research method today, HROs allow patients and caregivers to actively engage with their own study observations, gaining deeper insights into their personal symptom burden, treatment effects, and flare-up events that are commonly associated with complex diseases, while also seamlessly contributing their data for research. About Folia Health: Folia Health's home-reported outcomes (HROs) method and technology is pioneering the next generation of patient health data by transforming lived health experiences that occur at-home into valuable structured data insights to support research and personalized care. Through an innovative platform backed by expert analysis, we help life science partners develop effective therapies with demonstrated, real-world value for complex, chronic conditions. Folia's wealth of longitudinal data and proprietary analytics play a vital role in establishing a home-centered, data-driven healthcare ecosystem. Folia's platform is private, secure, and allows users to decide when and how their data is shared, while generating insightful trends, visualizations, and reports in the platform that allow them to receive more precise, data driven care. To explore the transformative potential of patient and caregiver knowledge, visit About Inspire: Founded in 2005, Inspire is the leading health community, connecting over 10 million patients and caregivers across 3,000 disease areas. Through its robust patient-centric platform, Inspire supports initiatives across the clinical development lifecycle—from preclinical research to post-market access—enabling life sciences organizations to capture real-world insights and accelerate medical advancements. For more information, visit Folia Health Contact:Connie Zhangconnie@ Inspire Contact:Jillian in to access your portfolio
Yahoo
29-03-2025
- Business
- Yahoo
With 55% ownership of the shares, Telekom Malaysia Berhad (KLSE:TM) is heavily dominated by institutional owners
Significantly high institutional ownership implies Telekom Malaysia Berhad's stock price is sensitive to their trading actions The top 4 shareholders own 59% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A look at the shareholders of Telekom Malaysia Berhad (KLSE:TM) can tell us which group is most powerful. The group holding the most number of shares in the company, around 55% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. In the chart below, we zoom in on the different ownership groups of Telekom Malaysia Berhad. View our latest analysis for Telekom Malaysia Berhad Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Telekom Malaysia Berhad does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Telekom Malaysia Berhad's earnings history below. Of course, the future is what really matters. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Telekom Malaysia Berhad is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Khazanah Nasional Berhad with 20% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 17% and 12%, of the shares outstanding, respectively. On looking further, we found that 59% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own less than 1% of Telekom Malaysia Berhad. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around RM2.2m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. With a 25% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Telekom Malaysia Berhad. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Telekom Malaysia Berhad is showing 2 warning signs in our investment analysis , and 1 of those makes us a bit uncomfortable... If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
