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Belwood Investments Accepts Cash Offer on Iconic 24844 Malibu Road

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NEWPORT BEACH, Calif., March 31, 2025 /PRNewswire/ — Belwood Investments, the fractional luxury real estate investing app, today announced it accepted an offer on 24844 Malibu Road, one of the few private homes in the United States designed by renowned Japanese architect Tadao Ando, less than a week after the property was listed for sale.

“Nearly 500 people invested in this iconic Malibu property through Belwood Investments, and its sale marks a major milestone in our efforts to make luxury real estate investments accessible to everyone,” said Steven “Bo” Belmont, the founder and CEO of Belwood Investments. “In accepting this strong offer, we’re bringing our investors a payday 14 months earlier than expected.”

Purchased for over $57 million in 2021, 24844 Malibu Road was significantly altered and damaged by its previous owner. Belwood Investments raised over $6.4 million from investors, who contributed amounts ranging from $1,000 to $1 million, to buy the home for $21 million in September and begin restoring it to its former glory.

The property features Ando’s signature trademark design of “smooth-as-silk” concrete throughout. Constructed of around 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand, the home is a resilient structure on southern California’s coastline.

After Belwood Investments secured the home’s original builder, Marmol Radziner, received approved plans and permits from the city, completed electrical work and began construction, the property received significant interest from potential buyers.

“Selling now means the buyer can put their own creative finishes on this architectural gem, while we return funds to our investors in less than six months, allowing them to invest in more properties,” said Belmont. “Our top priority is delivering strong returns to investors as quickly as possible, and this is a win for all.”

Belwood Investments offers fractional real estate investments through its mobile app, providing anyone the opportunity to invest in short-term luxury home flips starting with $1,000, even if they have no experience with real estate or renovations. There are six additional properties currently open to investment in Belwood Investments’ app, with additional offerings planned soon.

The non-contingent cash offer on 24844 Malibu Road was made by Andrew Mazella Ventures LLC, a developer based in Montana. Celebrity real estate consultant Dylan Eckardt and agents Amanda Lynn of Nest Seekers and Jason Oppenheim of Oppenheim Group negotiated the deal. Other agents involved included Mauricio Umansky, Jean-Baptiste Rugiero and Mehdi Maamri of The Agency.

The sale will close on May 1, 2025. Belwood Investments is in the process of calculating investor returns, which are projected to be around 20%, and will release details of the deal and final tally of construction expenses soon.

About Belwood Investments
Belwood Investments empowers anyone to build a luxury real estate portfolio through fractional investments. Belwood’s proven B52 Method, developed by founder Steven “Bo” Belmont, identifies lucrative luxury properties to flip and offers everyday investors the chance to collectively contribute up to 20% of the total project cost. Start investing with as little as $1,000 via the Belwood Investor App, available on the Apple App Store and Google Play. Visit www.belwoodinvestments.com for more information.

Media Contact
Anna Rice
617-872-0731
392622@email4pr.com 

View original content:https://www.prnewswire.com/news-releases/belwood-investments-accepts-cash-offer-on-iconic-24844-malibu-road-302415961.html

SOURCE Belwood Investments

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CRITEO TO ANNOUNCE FIRST QUARTER 2025 FINANCIAL RESULTS ON MAY 2, 2025

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NEW YORK, April 16, 2025 /PRNewswire/ — Criteo S.A. (NASDAQ: CRTO), the Commerce Media company, will announce its financial results for the first quarter ended March 31, 2025, on Friday, May 2, 2025.

On that day, Michael Komasinski, Chief Executive Officer, and Sarah Glickman, Chief Financial Officer, will host a conference call at 8:00 AM ET, 2:00 PM CET to discuss these results. They will be joined by Todd Parsons, Chief Product Officer, for the Q&A session.

To access the conference call, please use the following dial-in numbers and ask to be joined into the “Criteo” call:

    • United States:

+1 800 836 8184

    • International:

+1 646 357 8785

    • France:

    080-094-5120

The conference call will be webcast live on the Company’s website https://criteo.investorroom.com/ and will be available for replay.

About Criteo

Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects thousands of marketers and media owners to deliver richer consumer experiences from product discovery to purchase. By powering trusted and impactful advertising, Criteo supports an open internet that encourages discovery, innovation, and choice. For more information, please visit www.criteo.com.

Contacts

Criteo Investor Relations
Melanie Dambre, m.dambre@criteo.com

Criteo Public Relations
Jessica Meyers, j.meyers@criteo.com

 

View original content:https://www.prnewswire.com/news-releases/criteo-to-announce-first-quarter-2025-financial-results-on-may-2-2025-302428905.html

SOURCE Criteo Corp

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Pismo names Vishal Dalal as CEO

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Rodrigo Melato steps up as Chief Commercial Officer

SÃO PAULO, April 16, 2025 /PRNewswire/ — Pismo has announced leadership changes to further strengthen its commitment to customer-centric growth while accelerating the expansion of its global footprint.

Vishal Dalal,  who has served as Pismo’s CEO for North America, Europe, and Asia since 2021, has been appointed as the company’s global CEO. With over 25 years of expertise in core banking and card systems, Dalal brings a wealth of knowledge and a unique global perspective, having held previous roles at McKinsey, Citibank, and Barclays. Dalal will continue to be based in London, bringing his extensive international experience to the forefront of Pismo’s operations. He succeeds Ricardo Josua, co-founder, who, after leading Pismo through its massive growth journey and acquisition by Visa, will transition into an advisory role.

“We are grateful to Ricardo for his leadership and contributions to the team. Pismo’s success, and the company overall, would not be where it is today without him. Ricardo leaves behind a strong foundation that the founders and I are excited to build upon”, comments Vishal Dalal.

Reflecting on his journey, Ricardo Josua stated, “Over the past year under Visa’s ownership, Pismo has thrived and made significant progress in our growth and strategic direction. We have entered new markets, built an extensive pipeline of prospective clients, and improved the platform’s performance. This progress sets the stage for the next chapter in our future. I entrust Pismo into Vishal’s hands and will continue to support Pismo in an advisory role”.

In addition, Rodrigo Melato, who has been with the company since June 2022 as VP of Sales, assumes an extended global role as Chief Commercial Officer (CCO). In partnership with global sales, Melato will oversee Pismo’s go-to-market strategies, performance, and customer-centric approach. With more than 20 years of experience, Melato held multiple positions at Salesforce, including leading the Financial Service business unit.

Pismo’s other three co-founders – Daniela Binatti (CTO), Juliana Binatti Motta (CPO), and Marcelo Parise (VP of Engineering) – will continue to lead their respective areas within Pismo.

These leadership transitions mark a new chapter for Pismo, reinforcing its position as a global leader in next-generation banking and payments technology.

Media Contact Details: Patricia Bartuira; + 1 (786) 270-6253; patricia@bmcsmart.com 

View original content:https://www.prnewswire.com/apac/news-releases/pismo-names-vishal-dalal-as-ceo-302429628.html

SOURCE Pismo

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Altair Partners with Databricks to Accelerate Data-Driven Innovation

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Collaboration will provide seamless connection between Altair® RapidMiner® and the Databricks Data Intelligence Platform, amplifying data science and machine learning capabilities

TROY, Mich., April 16, 2025 /PRNewswire/ — Altair, a global leader in computational intelligence, has partnered with Databricks, the data and AI company, to empower joint customers with next-generation capabilities for data unification, graph-powered intelligence, and enterprise-grade artificial intelligence (AI).

This partnership brings together the best of both organizations’ platforms—combining the power of the Altair® RapidMiner® platform, an industry-leading tool for data preparation, AI development, orchestration, and automation, with the Databricks Data Intelligence Platform. Now, customers can seamlessly access and analyze data housed in Databricks while applying Altair’s comprehensive suite of tools to drive decision-making, build AI automation, and modernize data operations.

“We are thrilled to partner with Databricks to empower our customers to stay ahead of the competition by achieving faster, smarter, and more efficient outcomes,” said Sam Mahalingam, chief technology officer, Altair. “Through this collaboration, we are helping customers not just analyze their data but truly activate it—transforming fragmented data into intelligent systems that can learn, reason, and act. Together, Altair and Databricks are redefining the future of data science and analytics.”

Customers can leverage Altair RapidMiner’s robust data preparation, machine learning, and deployment capabilities to better extract insights from their data in Databricks. This collaboration marks a milestone in advancing accessible, scalable, and impactful AI and machine learning solutions – paving the way for transformative innovation and enabling businesses to realize the full potential of their data for years to come.

“We’ve been impressed by Altair’s innovative approach to data preparation and machine learning,” said Ariel Amster, director of strategic technology partners, Databricks. “Our partnership will leverage the benefits of Altair RapidMiner and the Databricks Data Intelligence Platform to help customers explore, analyze and take action on data at scale.”

Enabling Enterprise Modernization with Altair RapidMiner and Databricks

Customers can use Altair RapidMiner to directly access, prepare, and analyze data in Databricks without data duplication. The platform’s full-stack AI capabilities—from low-code AutoML to sophisticated MLOps, agent frameworks, and high-speed visualization—empower organizations to quickly prototype, deploy, and scale AI applications using data stored in Databricks.

Altair RapidMiner also offers native support for SAS language execution—one of only two platforms in the world with this capability—allowing customers to preserve and extend the value of their existing analytics investments while modernizing their workflows. This unique capability, especially when linked with Databricks, combines past and present into a single enterprise strategy.

Powering Knowledge Graphs and Data Fabrics with Databricks Data

A key differentiator is Altair RapidMiner’s massively parallel processing (MPP) knowledge graph technology—purpose-built to support knowledge graph creation, data fabrics, and ontology modeling at enterprise scale.

By integrating with Databricks, customers can use the Altair RapidMiner knowledge graph engine to connect, contextualize, and activate all types of data—structured, unstructured, and streaming. These graph-powered fabrics form the foundation for a new generation of intelligent systems, enabling generative AI models and autonomous agents to navigate the full complexity of an organization’s digital operations.

Built for the Real World

Together, Altair and Databricks offer an unmatched platform for the modern, intelligent enterprise. This partnership delivers not only the infrastructure needed for data-driven transformation—but also the intelligence to drive it forward.

To learn more about the Altair RapidMiner platform, visit https://altair.com/altair-rapidminer. To learn more about the Databricks Data Intelligence Platform, visit https://www.databricks.com/.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit http://www.altair.com or sw.siemens.com.

Media contacts

Altair Corporate                                           

Bridget Hagan                                                  

+1.216.769.2658                                        

corp-newsroom@altair.com                    

Altair Europe/The Middle East/Africa     

Altair Asia-Pacific

Louise Wilce                                                       

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com                   

apac-newsroom@altair.com

 

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View original content:https://www.prnewswire.co.uk/news-releases/altair-partners-with-databricks-to-accelerate-data-driven-innovation-302428363.html

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