TriNet (NYSE: TNET) has entered into a definitive agreement to acquire Cocoon, a leave management platform founded in 2020. The deal adds compliance-first leave workflows, real-time leave tracking, integrated claims filing, and automated payroll calculations to TriNet’s SMB HR platform. Terms were

ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy. With a focus on enhancing ADP's core business and exploring