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IBM Unveils New Flagship Office at One Madison Avenue in New York City

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New location reaffirms IBM’s commitment to the growing technology industry ecosystem of New York City and State

NEW YORK, Sept. 6, 2024 /PRNewswire/ — IBM (NYSE: IBM) today celebrated the opening of its new flagship office at One Madison Avenue, marking a significant milestone for the New York-based global technology company. The ribbon cutting ceremony featured remarks from IBM Chief Executive Officer Arvind Krishna, Senate Majority Leader Chuck Schumer, New York Governor Kathy Hochul, President and CEO of the Partnership for New York City Kathryn Wylde and others, as they welcomed IBM employees, partners and community members.

“One Madison Avenue demonstrates a new chapter in the partnership between IBM and the city and state of New York. It joins a long tradition of IBM contributions to New York’s thriving technology industry, including our deep partnerships with academic and research institutions across the state,” said Krishna. “This move will allow us to bring our employees, clients and partners together to work on exciting technologies, from enterprise AI to hybrid cloud to quantum.”

“IBM’s new flagship office in New York is the latest sign that our post-pandemic economy is roaring back to life,” said Governor Hochul. “Since its founding in Endicott in 1911, IBM has been synonymous with science and technology, creating thousands of jobs and boosting economic growth. Innovators, scientists and coders from across the globe are flocking to New York, and we look forward to the next century of success.”

“With IBM’s new office at One Madison, the future is bright for IBM, for New York City, and for our entire state,” said Senator Schumer. “It’s a new chapter for IBM in NYC that will support thousands of jobs and contribute to the incredible growth of the tech industry in New York City. I’m proud to support IBM’s new investments to reimagine this wonderful, historic building and position New York to be a leader in innovation. I will work relentlessly to make New York City—and all of our state—a leading hub for AI, semiconductor chips, quantum computing, and more.”

“New York City’s economy is stronger than ever, and we’re creating more jobs and opportunities for New Yorkers every single day,” said New York City Mayor Eric Adams. “With yet another global-leading company doubling down on its commitment to New York City, we are continuing to build the foundation for a more prosperous, equitable, and affordable future for New Yorkers across the five boroughs. Thank you to IBM for your belief in our city, and congratulations on this opening.”

“IBM as a company has been the anchor of New York City’s fastest growing industry – the tech sector – our greatest source of new talent,” said Wylde. “The company has played a huge role in the positive trajectory of the city and they are an important source of support to all our member companies keeping New York a global commercial center. Whether it’s the work they do for our municipal government, state government, or the education system, across the board they have been the innovation center for the public sector as well as the private sector.”

Located at the southeast corner of Madison Square Park, the new 270,000 square-foot IBM office spans five floors of One Madison Avenue – owned and managed by SL Green Realty Corp. – and will be home to more than 2,000 New York-area employees. IBM enlisted global architecture and design firm Gensler to co-create an agile, state-of-the-art workspace that facilitates collaboration, fuels productivity and spotlights innovation.

Employees, guests and the community will be welcomed into One Madison Avenue through an expansive street-level lobby, featuring floor-to-ceiling windows and a 40-foot-long Quantum Wave light sculpture, prominently displayed as a symbol of emerging and future technology. An escalator leads to the second-floor reception space, where the circular IBM “Blue Bar” serves as a gathering space overlooking Madison Square Park, and the 22,000 square-foot Innovation Studio brings IBM’s latest technology to life through immersive experiences.

Workspaces were purposefully designed to meet the evolving needs of IBM employees and future talent. A variety of different environments have been incorporated throughout – including individual zones (independent work), collaboration zones (meet and congregate) that can accommodate groups of three to 300, and community zones (unwind, reset, socialize) – offering flexibility and choice.

Sweeping park and city views are a focal point of the interior across all five floors, bringing the beauty and energy of the neighborhood inside, while a 25,000 square-foot outdoor terrace features pollinator gardens with over 40 different plant species – 50% of which are native to the region. Positioned to be among the most notable adaptive reuse projects of present-day New York, the LEED Gold CI certified building will utilize IBM solutions including Maximo and Envizi to track, analyze and report sustainability progress.

According to Marc Holliday, Chairman and CEO, SL Green Realty Corp., “IBM is a global technology innovator leading the way in AI, automation and cloud-based solutions. It embodies resiliency, grit and the spirit of progress and constant transformation. One Madison Avenue tracks the history and evolution of New York City and of IBM. We couldn’t be more proud to be home to their new flagship New York City office.”

“The One Madison Avenue workplace hub was designed as an innovation engine and community forum that will extend IBM’s legacy as a leader in New York City’s digital economy,” said Amanda Carroll, Managing Director, Gensler. “Embedded in the heart of Manhattan’s Silicon Alley, One Madison Avenue is an empowering platform for IBM’s employees and clients to connect, create and innovate on some of the world’s most complex technological problems.”

One Madison Avenue consolidates previously held IBM offices across New York City, bringing employees together in one centralized hub. It is expected to achieve full occupancy in October 2024.

Additional Statements on the Opening of IBM’s Office at One Madison Avenue

Joanne Wright, Senior Vice President, Transformation and Operations, IBM
“In designing One Madison Avenue, we set a bold vision to create a vibrant, innovative, and inclusive work environment. Today, we’re unveiling a modern workplace experience in the era of AI, inspiring a culture of collaboration and innovation that drives growth and prosperity for clients, partners and IBM.”

Sheena Wright, First Deputy Mayor of New York City
“The opening of IBM’s new flagship office is further indication of New York City’s strength as a center for global commerce. The continued commitment from businesses to our city, whether it be international corporations or budding entrepreneurs, further galvanizes our economy and creates more career opportunities for New Yorkers.”

Andrew Kimball, New York City Economic Development Corporation (NYCEDC) President and CEO
“IBM’s commitment to deepen its roots here in New York City reaffirms that the city’s tech sector is unlike any other with its diverse economy, talent pool, innovation ecosystem, and vibrant culture, making it the ideal location for new and established companies to flourish. IBM’s brand-new office space at One Madison Avenue in the Flatiron district will undoubtedly contribute to the city’s robust tech ecosystem and dynamic economy.”

B.J. Jones, “New” New York Executive Director
“IBM’s new flagship office generates economic opportunity and vibrancy, enhancing the live-work-play power of the Flatiron and NoMad neighborhoods. In creating a place where people want to work, IBM is further making our city the place where people want to be.”

Maria Torres-Springer, Deputy Mayor for Housing, Economic Development and Workforce
“IBM’s new flagship office at One Madison only deepens New York City’s strength as one of the greatest tech ecosystems in the world. IBM’s footprint in the area will undoubtedly help to shape the future of Midtown, complementing the City’s work to create affordable housing and making the area into a truly 24/7 mixed-use neighborhood.”

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact
Jessica Chen
IBM Communications
jessicachen@ibm.com

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SOURCE IBM

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Cboe Clear U.S. Receives SEC Approval to Expand Clearing Capabilities

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SEC registration enables Cboe Clear U.S. to clear binary securities options alongside futures, positioning it to support innovation across the market

CHICAGO, Oct. 23, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced that Cboe Clear U.S., LLC (CCUS) has received temporary registration from the U.S. Securities and Exchange Commission (SEC) to operate as a Covered Clearing Agency.

The registration expands CCUS’s clearing capabilities beyond its existing authorities as a Commodity Futures Trading Commission (CFTC)-registered Derivatives Clearing Organization (DCO) to clear securities products in addition to futures and swaps products. Together with recent enhancements to its regulatory framework and product scope, the milestone positions CCUS to support innovation and emerging opportunities across a broad range of assets and markets.

CCUS will initially use its SEC registration to clear Cboe’s binary securities options tied to specified corporate key performance indicators (KPIs), which are planned to list on Cboe Options Exchange and be available on Robinhood in the fourth-quarter 2026. CCUS also recently received CFTC approval to clear margined futures broadly and continues to clear digital asset derivatives under its DCO designation.

“Clearing plays a critical role in bringing innovation to market,” said Dale Michaels, Head of Cboe Clear U.S. “These expanded capabilities position Cboe Clear U.S. to become an innovation lane to support new products and meet evolving customer needs, while maintaining the rigorous risk management standards that are fundamental to our business.”

These efforts complement Cboe’s longstanding partnership with The Options Clearing Corporation (OCC)® and Cboe’s continued commitment to supporting the established clearing infrastructure for traditional equity options.

The development builds on the growth of Cboe’s established European clearing business, where Cboe Clear Europe has become the leading pan-European equities central counterparty, while expanding into new services such as securities financing transaction clearing. Together, these advances demonstrate Cboe’s ability to extend its clearing capabilities across markets and asset classes.

To support its own future growth, CCUS has strengthened its infrastructure over the past year, including electing in June to become a Subpart C DCO. In doing so, CCUS is voluntarily adopting the enhanced standards the CFTC applies to systemically important DCOs for financial resources, risk management and operational resilience, aligning with those applied to leading global clearing organizations.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

 

Cboe Analyst Contact

 

Angela Tu

+1-646-856-8734

atu@cboe.com

Tim Cave

+44 (0) 7593-506-719

tcave@cboe.com

Kenneth Hill, CFA

+1-312-786-7559

khill@cboe.com

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CBOE-OE

Cboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service marks of Cboe Exchange, Inc and S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC. All other trademarks and service marks are the property of their respective owners. 

Cautionary Statements Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our  clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

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SOURCE Cboe Global Markets, Inc.

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Hears Everything, Uploads Nothing: VoxNexus Launches Android’s First Low-Power On-Device Always-On Voice Artificial Intelligence (AI)

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VoxNexus’ new on-device ambient listening solution runs for 12 hours on 2.49% of a phone’s battery and never sends audio to the cloud

MADRID, Oct. 23, 2026 /PRNewswire/ — VoxNexus (www.VoxNexus.ai) released VoxEdge, an on-device voice stack that brings speech recognition, translation and speech synthesis to affordable Android devices, entirely offline. VoxEdge supports speech recognition in 36 languages, translation in 103 languages, and speech synthesis in 45 languages—all running with no connection, no data bundle, and no cloud token bills.

AI should work for everyone, not just for speakers of a handful of mainstream languages. Yet across much of Africa, voice AI has been held back by scarce training data and the lack of targeted fine-tuning. Everyday speech also includes code-switching and dialect variation, while cloud-based inference costs can make deployment at scale expensive. 

VoxNexus’s solutions run entirely on device, and every query is free once the model is installed on the device. Its speech recognition model has as few as 65 million parameters and achieves a lower word error rate than open-source models nearly ten times its size.

“Under-resource languages aren’t small languages. Hundreds of millions of people speak them. Until now, AI models just haven’t learned them yet,” said Charles Shi, CEO of VoxNexus.

VoxNexus also launched VoxSense, an on-device ambient listening solution that uses only 162 mAh for 12 hours of continuous listening, around 2.5% of a 6,500 mAh phone battery. By keeping all processing on device, VoxSense makes always-on listening practical without draining the battery and without sending any audio to the cloud. Developers and device makers can easily integrate it through a license and a simple SDK. Developers can request a free trial here: www.VoxNexus.ai.

VoxSense and VoxEdge were unveiled at the MediaTek Dimensity 9600 launch in Madrid on October 19.

Distributed by APO Group on behalf of VoxNexus AI. 

About VoxNexus:
VoxNexus builds AI that hears and speaks — for everyone, everywhere, all the time. Its audio intelligence runs entirely on-device, delivering low latency, built-in privacy, and zero token cost across any device with a chip. VoxNexus is headquartered in Singapore. Website: www.VoxNexus.ai. Contact: public@voxnexus.ai  

VoxNexus demonstrates live on-device speech recognition at the MediaTek Dimensity 9600 launch in Madrid on Oct. 19, 2026. Spanish and English conversations were transcribed in real time on the phone, with no cloud connection. (Photo: VoxNexus) 

Speaks Your Language, No Internet Needed: VoxNexus Brings On-Device Voice Artificial Intelligence (AI) in 100+ Languages to Affordable Android Devices

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SOURCE VoxNexus AI

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team.blue extends €1.1 billion of its Term Loan B to 2032 in the largest software Euro term loan issuance in the last 12 months

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GHENT, Belgium, Oct. 23, 2026 /PRNewswire/ — team.blue, a leading pan-European provider of digital solutions for small and medium-sized businesses (SMBs) backed by Hg, CPP Investments and Sofina, today announces the successful pricing of an amendment and maturity extension for €1.1 billion of its existing €1.35 billion Term Loan B. The transaction priced on 22 October 2026, with the refinanced tranche extended from September 2029 to July 2032, reinforcing the Company’s prudent capital structure approach.

Strong demand from a broad group of institutional investors enabled team.blue to upsize the transaction twice in-market, taking the final deal size to €1.1 billion from a minimum initial launch size of €500 million, despite recent credit market volatility. Pro forma for the transaction, c.90% of team.blue’s term debt now matures in 2032.

The transaction comes at a time of significant momentum for team.blue, with continued double-digit revenue growth and strong cash generation supporting its deleveraging trajectory. Its products help Europe’s SMBs get online, get customers, get paid and stay compliant, and AI-enabled products are increasingly driving new customer growth. team.blue continues to innovate across its portfolio, from smarter tools within its brands to secure European cloud hosting built for customers’ growing AI workloads. Its category-leading SaaS brands are also integrating with leading AI assistants, bringing team.blue’s products to customers wherever they work.

Transaction highlights

The largest software Euro term loan issuance in the last 12 months€1.1 billion Term Loan B, borrowed by team.blue Finco S.à r.l., maturing July 2032Priced at E + 425bps with a 0% floor and an OID of 98.5Upsized twice from an initial €500 million, reflecting a heavily oversubscribed order bookCorporate and facility ratings of B3 (Moody’s) and B (S&P), both with stable outlooksBofA acted as Global Coordinator and Left Lead Physical Bookrunner, alongside Barclays. ABN AMRO, BNP Paribas, Citi, ING and J.P. Morgan acted as Bookrunners

Jonathan Thackray, Chief Financial Officer of team.blue, said:
“We set out to extend €500 million of our Term Loan B, and the depth of support from our institutional investor base allowed us to go much further. This reflects confidence in team.blue’s highly recurring, cash-generative model and our position as a leading digital partner for Europe’s SMBs. It gives us the flexibility to keep innovating and investing in the digital and AI-enabled tools our customers rely on.”

About team.blue
team.blue is the pan-European digital partner for small and medium businesses, serving more than 3.5 million customers in 24 countries. From web hosting, domains, email and cloud and AI infrastructure to e-commerce, engagement, payments and compliance tools, team.blue helps SMBs get online, get customers, get paid and stay compliant. Supported by more than 4,000 employees, team.blue’s vision is to make online business success simpler, with artificial intelligence at every step. 

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