Tag Archives: Foundation

Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business – Reuters

Lowe’s to buy Foundation Building Materials for $8.8 billion to boost contractor business  Reuters Lowe’s to acquire PE-backed Foundation Building Materials for $8.8B  Axios Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat  MarketWatch Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion  CNBC Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion  The …

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Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

–Enhances offering for Pro customers—–Increases Pro Penetration1—–Positions Company for Long-Term Sustainable Sales Growth and Profit Expansion– MOORESVILLE, N.C., Aug. 20, 2025 /PRNewswire/ — Lowe’s Companies, Inc. (“Lowe’s” or the “Company”) (NYSE: LOW) today announced it has entered into a definitive agreement (the “Agreement”) to acquire Foundation Building Materials (“FBM”) for approximately $8.8 billion. FBM is a leading North American distributor of …

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Nabiha Syed remakes Mozilla Foundation in AI, Trump era • The Register

Nabiha Syed remakes Mozilla Foundation in AI, Trump era • The Register

interview The Mozilla Foundation has changed its look, but its goals remain the same – supporting an internet that’s open and inclusive, and that prioritizes the interests of people over corporations. Yet the rebranding of the foundation in August, and of its subsidiary Mozilla Corporation last December, reflects internal changes at organizations looking to redefine themselves, to shake off setbacks, …

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Meredith, Madeline Gaudreau to announce foundation honoring Johnny, Matthew on ‘Good Morning America’ Wednesday

Meredith, Madeline Gaudreau to announce foundation honoring Johnny, Matthew on ‘Good Morning America’ Wednesday

Meredith Gaudreau has been waiting to tell the world about the foundation that will honor her late husband, Johnny, and his brother, Matthew. On Wednesday, on what would’ve been Johnny’s 32nd birthday, she and Matthew’s wife, Madeline, will appear on ABC’s “Good Morning America” to publicly launch the John and Matthew Gaudreau Foundation. “We kind of spent the whole year …

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Gates Foundation commits $2.5 billion to ‘ignored’ women’s health

Gates Foundation commits .5 billion to ‘ignored’ women’s health

The Gates Foundation will spend $2.5 billion by 2030 on women’s health, it said on Monday, with founder Bill Gates saying the area, including conditions from preeclampsia to menopause, had been neglected for too long. The investment is among its first big commitments since Gates announced earlier this year that he would give away his $200 billion fortune by 2045. …

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Apple Intelligence Foundation Language Models Tech Report 2025

Apple Intelligence Foundation Language Models Tech Report 2025

We introduce two multilingual, multimodal foundation language models that power Apple Intelligence features across Apple devices and services: (i) a ∼3B-parameter on-device model optimized for Apple silicon through architectural innovations such as KV-cache sharing and 2-bit quantization-aware training; and (ii) a scalable server model built on a novel Parallel-Track Mixture-of-Experts (PT-MoE) transformer that combines track parallelism, mixture-of-experts sparse computation, and …

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Gates Foundation, Stand Together to give $1 billion to help develop AI tools

Gates Foundation, Stand Together to give  billion to help develop AI tools

A coalition of funders, including the Gates Foundation and Ballmer Group, will spend $1 billion over 15 years to help develop artificial intelligence tools for public defenders, parole officers, social workers and others who help Americans in precarious situations. The funders announced Thursday that they will create a new entity, NextLadder Ventures, to offer grants and investments to nonprofits and …

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