BitGo Announces Confidential Submission of Draft Registration Statement to SEC for Proposed Initial Public Offering
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the 'Securities Act'). This announcement is being issued in accordance with Rule 135 under the Securities Act.
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11 minutes ago
- Yahoo
Missouri football coach Eli Drinkwitz signs extension: Contract details
Navigating the vaunted SEC is always difficult, particularly for teams who are not historically among the "haves" in the conference. The Missouri Tigers know as much firsthand. With head coach Eli Drinkwitz having led Missouri to back-to-back 10-win seasons and bowl bids in each of his first five years in Columbia, the program isn't letting the polarizing coach go. Drinkwitz, known among college football fans for his dry humor and willingness to speak his mind, has inked an extension with the Tigers that will last through the 2029 season (essentially a one-year extension from his previous contract through 2028). Missouri had previously extended Drinkwitz through the 2028 season at the end of 2023. REQUIRED READING: Eli Drinkwitz SEC Media Days: Five key takeaways from Missouri football coach in Atlanta Drinkwitz's extension will not be coming with a pay raise, but it does reportedly come with another valuable prize: A greater hiring pool for assistants, per ABC 17's Nathalie Jones. Eli Drinkwitz contract details Drinkwitz is now extended through the 2029 season for Missouri. He is slated to make $9 million in 2025, before his salary rises to $9.25 million in 2026 and $9.5 million in 2028. In total, that would put his deal at $46.5 million, per The Columbia Daily Tribune in the USA TODAY Network. Eli Drinkwitz buyout Should Drinkwitz abscond from Missouri, the extension also makes his buyout steeper. He would owe the university $5 million if he leaves without cause before Dec. 1, 2025; $4 million if he does so between Dec. 2, 2025 and Dec. 1, 2027; $3 million from Dec. 2, 2027 to Dec. 1, 2028; and $1 million henceforth. Drinkwitz's name frequently crops up when marquee coaching destinations open up, but there has been little indication he intends to leave Missouri. "I'm incredibly grateful for the continued belief in our vision for Mizzou Football," Drinkwitz said in Missouri's news release. "The Board of Curators, President (Mun) Choi, (athletic director) Laird Veatch and our donors and fans have shown a deep commitment to building a championship-caliber program. That means investing in the people throughout our building who work tirelessly for our student-athletes. I'm proud of the staff we've assembled and excited to keep pushing forward together." Eli Drinkwitz Missouri record Drinkwitz has built a solid record for Missouri in his first five seasons with the Tigers. He is 38-24 with Missouri and has gone 2-2 in bowl games (the Music City Bowl in the 2020 season was cancelled due to COVID-19), including wins in his last two bowl. Most notably, Missouri won the Cotton Bowl over an admittedly shorthanded Ohio State team in the 2023 season to cap off an 11-2 year, Missouri's most wins in a season since 2014. The Tigers will open their season Aug. 28 against Central Arkansas. This article originally appeared on USA TODAY Sports: Eli Drinkwitz contract details: Missouri football coach inks extension
Business Wire
13 minutes ago
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SES and the Luxembourg Government to Develop and Launch New Defence Satellite for GovSat
LUXEMBOURG--(BUSINESS WIRE)--SES and the Luxembourg Government today announced their plan for development of a second satellite for GovSat (LuxGovSat S.A.), the public-private partnership and 50/50 joint venture between SES and the Luxembourg Government that provides secure, reliable and accessible satellite communication services for governments. GovSat-2 will be positioned over the European satellite arc. It will join GovSat-1 in augmenting reliable connectivity services for government customers over the region. The satellite will be built by Thales Alenia Space on its Spacebus 4000B2 platform. Since launching in 2018, the joint venture's first defence satellite, GovSat-1, operated by GovSat from a secure missions operations centre in Luxembourg, has supported the Luxembourg Directorate of Defence, EU and NATO nations, the U.S. Department of Defense, and other governmental users. It has been providing connectivity for theatres of operation, interconnection of institutional as well as defence sites, border control, Intelligence, Surveillance & Reconnaissance, and various other types of communications for air, land and maritime missions. The state-of-the-art GovSat-2 satellite will extend the coverage and scale of GovSat, and is designed to address the needs of defence users at the highest Security and Service Assurance Level. The satellite will add new ultra-high frequency (UHF) channels, X- and military Ka-band, and will include other security features such as dedicated hardening, an advanced anti-jamming system, and embedded geolocation. The investment in GovSat-2 is in line with SES's stated financial policy criteria, and also in line with prior combined company CAPEX guidance. The satellite will be co-funded by SES and the Luxembourg Government, subject to approval of the corresponding draft law by Parliament. 'The procurement of GovSat-2 underscores the success of the GovSat public-private partnership to provide Luxembourg, our allies and partners with secure military satellite communications that supplement their national systems and support a wide range of critical military, defence and civilian security applications,' said Yuriko Backes, Minister of Defence of Luxembourg. 'With GovSat-2, Luxembourg will once again demonstrate its significant impact in the field of Space.' 'With geopolitical shifts and an increased need for scalable national security and defence capabilities, we are seeing growing demand for secure, reliable geostationary (GEO) connectivity with comprehensive coverage across Europe, the Middle East and Africa as well as the Atlantic and Indian Oceans, the Mediterranean and the Baltic Seas,' said Adel Al-Saleh, CEO of SES. 'As governments across Europe look to bolster their sovereign satellite communications for defence and intelligence needs, GovSat-2 gives GovSat additional MILSATCOM capacity to address this strategic area of growth.' 'GovSat-2 reflects the growing demand in military satcom, allowing our GovSat public-private venture to scale and broaden the services we have been providing since 2018. For this brand new satellite, we are adding more frequency bands along with innovative functionalities for it to be well-positioned to address the future connectivity challenges the NATO and partner nations face,' said Patrick Biewer, CEO of GovSat. About SES At SES, we believe that space has the power to make a difference. That's why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what's next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership—backed by a track record of bringing innovation 'firsts' to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage.
Business Wire
13 minutes ago
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Twilio Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for CPaaS
SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Communications Platform as a Service CPaaS for its CPaaS platform1 for the third consecutive year2. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. Twilio delivers trusted communications and data-driven engagement for more than 335,000 active customer accounts and over 10 million developers worldwide. Companies such as Lime, Kraken, Resy, and Universidad Uk rely on Twilio's products to build better experiences for their customers. Today's customers have come to expect seamless experiences, but many businesses are still struggling to deliver. According to Twilio's 2025 State of Customer Engagement Report, while 71% of companies use AI to enhance engagement, only 42% of consumers find these interactions personalized. Additionally, seamless omnichannel engagement has become a top priority, with 68% of consumers expecting consistent service whether they interact via chat, email, or social media. At this year's SIGNAL San Francisco, Twilio's customer and developer conference, the company announced new product enhancements to its communications offering including: ConversationRelay (General Availability): A conversational AI capability that enables developers to create robust natural voice AI agents using their preferred LLM. Twilio seamlessly integrates real-time streaming, the latest speech recognition technology, interruption handling, and expressive, human-like voices, allowing developers to create advanced agentic applications more quickly, and with less overhead. Conversational Intelligence (General Availability for Voice and Private Beta for Messaging): An expansion of Twilio's Voice Intelligence, Conversational Intelligence analyzes voice calls and text-based conversations, converting them into structured data and insights that can improve customer experiences and operational efficiency, at scale. WhatsApp Business Calling (General Availability): Customers can now use the WhatsApp application to seamlessly communicate with businesses via a single conversation for both Messaging and Voice. Rich Communication Services (RCS) coming to General Availability later this year. 'We believe being recognized as a Leader in the Gartner Magic Quadrant for CPaaS for three consecutive years reflects our commitment to transforming every customer interaction,' said Kathryn Murphy, SVP, Product, Communications Platform at Twilio. 'As businesses enter a new era of engagement, Twilio is building a flexible, intelligent platform that integrates communications, real-time data, and AI. Our platform helps companies unlock personalization, trust, and productivity, and is designed to serve as the core infrastructure for every step of the customer journey.' Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables customers to get the most from market analysis in alignment with their unique business and technology needs. View a complimentary copy of the Magic Quadrant report to learn more about why Twilio was recognized among other vendors at Additional resources Explore Twilio's Customer Engagement Platform on this blog Follow Twilio on LinkedIn and Twitter Gartner disclaimer Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. About Twilio Today's leading companies trust Twilio's Customer Engagement Platform (CEP) to build direct, personalized relationships with their customers everywhere in the world. Twilio enables companies to use communications and data to add intelligence and security to every step of the customer journey, from sales to marketing to growth, customer service and many more engagement use cases in a flexible, programmatic way. Across 180 countries, millions of developers and hundreds of thousands of businesses use Twilio to create magical experiences for their customers. For more information about Twilio (NYSE: TWLO), visit: Forward-Looking Statements This press release contains forward-looking statements, including, but not limited to, statements regarding Twilio's expectations regarding the capabilities of our platform and solutions and future availability of products. You should not rely upon forward-looking statements as predictions of future events, the outcome of which are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to differ materially from those described in the forward-looking statements, including those more fully described in our most recent filings with the Securities and Exchange Commission. Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made and we undertake no obligation to update any forward-looking statements, except as required by law. 1 Source: Gartner Magic Quadrant for Communications Platform as a Service, Lisa Unden-Farboud, Manoj Bhatia, Pankil Sheth, Ajit Patankar, 21 July 2025. 2 Source: Gartner, Magic Quadrant for Communications Platform as a Service, Lisa Unden-Farboud, Ajit Patankar, Pankil Sheth, Brian Doherty, 25 June 2024. Gartner, Magic Quadrant for Communications Platform as a Service, Lisa Unden-Farboud, Daniel O'Connell, Ajit Patankar, Brian Doherty, 18 September 2023.
