Mastercard to debut new software to offer secure crypto transactions
Financial services major, Mastercard will reportedly introduce a new piece of software that will assist banks in detecting and cutting off transactions from fraudulent crypto exchanges. The software, known as Crypto Secure, leverages sophisticated....
Tesla sells 343,830 vehicles in Q3; misses Wall Street’s forecasts
Tesla records a new high sales record in quarter 3 The firm’s production volumes are on the rise, making it increasingly tough to obtain vehicle transportation capacity at a reasonable cost during these peak logistics weeks Tesla, the....
EC Healthcare acquires 60% share capital of Pioneer Evolution for expansion
EC Healthcare, the largest non-hospital medical service provider based in Hong Kong, has recently stated that the Group and the Seller have entered into a sale and purchase agreement to obtain 60% of the allotted share capital of Pioneer Evolution Li....
Rackspace Technology launches new AWS Middle East Region for the UAE market
Rackspace Technology, the cloud computing services pioneer, has reportedly introduced the AWS Middle East (UAE) Region, which will aid the acceleration of digital transformation and innovation in the UAE (United Arab Emirates). The new AWS Middle ....
GoMed launched in Lagos to offer healthcare services & products
GOMed, an online marketplace for community pharmacies, has been reportedly introduced in Lagos to offer easy accessibility to safe medicines, services, and health products to Nigerians. This new launch is said to be a strategic move undertaken by ....
63 moons to offer next-gen tech to Spuma SRL in pan-European market expansion
63 moons technologies, a world leader in providing next-generation technology platforms, has recently announced its plans to boost and back Italy-located Spuma SRL, with its next-generation technological abilities and solutions. This will aid the ....
Vendease raises $30M to expand its foothold in Ghana and Nigeria
Online marketplace for Africa’s food businesses, Vendease has reportedly raised $30 million in a Series A funding round, split between equity ($20 million) and debt ($10 million). Apparently, this new investment is instrumental to its $3.2 mill....
Samvardhana Motherson to expand R&D and manufacturing footprint in Japan
SMRPBV (Samvardhana Motherson Automotive Systems Group BV), a well-known automotive solutions provider, has reportedly inked an agreement with Ichikoh Industries, a subdivision of Valeo SE, in Japan to acquire a 100% stake in its mirror business. ....
Malaysian firm inks an MoU with UK partners to innovate rubber technology
The MRC (Malaysian Rubber Council) has recently witnessed the inking of an MoU (memorandum of understanding) between a well-known Malaysian-owned company; Levidian Nanosystem Ltd; and Cranfield University in Bedford, United Kingdom. In a press rel....
Norway’s METCentre to test new offshore turbines for floating wind expansion
According to Arvid Nesse, METCentre (Marine Energy Test Center) and Norwegian Offshore Wind’s head, the expansion of the plant, located around ten kilometers northwest of Stavanger will reportedly improve supplier involvement and boost supply c....
LG Energy Solution to deploy cell-to-pack technique to high-nickel batteries
Well-known battery company, LG Energy Solution will soon apply CTP (cell-to-pack) technology to high-nickel (Ni) pouch-type batteries. Apparently, this stint is said to be the first in the battery industry. Speaking on the latest development, Exec....
Flake, partners ink an investment in medical sites in Little Rock
Legendary developer in Little Rock's commercial real estate industry, John Flake and two partners have reportedly established a limited liability firm to acquire and construct medical office properties in Arkansas and surrounding states. Appar....
Icanic Brands inks LOI to acquire 100% equity stake in The Leaf
Icanic Brands Company, Inc., a brand operator of premium cannabis, has announced signing a non-binding LOI (Letter of Intent) to obtain 100% of the equity stakes in a cannabis dispensary, The Leaf, California. As per the terms of the LOI, the firm....
BYND Cannasoft inks a pact to acquire Zigi Carmel Initiatives & Investments
Well-known software Company, BYND Cannasoft Enterprises, has recently announced that it has agreed to obtain 100% ownership of Zigi Carmel Initiatives & Investments (ZC). Apparently, ZC holds a patent-pending intellectual property for a therap....
GridPoint, TimberRock ally to ease carbon emission management for businesses
GridPoint, a cleantech company, and TimberRock, a software and energy solutions provider, have reportedly collaborated to offer a new, cutting-edge technology integration. Apparently, this partnership will simplify carbon accounting, reduction, an....
Quantis allies with BCG to fast-track sustainable transformation
Management consulting firm, Boston Consulting Group (BCG), has recently announced that it has acquired Quantis, a leading environmental sustainability consultancy, to reinforce climate and sustainability (C&S) expertise and transformation capabil....
Everstone buys controlling interest in Softgel Healthcare for scaled operations
Everstone Capital, a Singapore-based private equity division of the Everstone Group, has recently announced that it has acquired a controlling stake in SHPL Softgel Healthcare or SHPL, a well-known pharma-based firm. With this partnership, SHPL wi....
Google acquires Mandiant for $5.4 Bn to offer enhanced security
Social media giant, Google has successfully completed the acquisition of well-known American cyber-security firm, Mandiant for $5.4 billion, announced Thomas Kurian, CEO of Google Cloud. Notably, Mandiant will be joining Google Cloud to assist org....
Axis Bank-Square Yards partner to introduce Open Doors buyer ecosystem
Indian private sector, Bank Axis Bank and Square Yards, a well-known real estate platform, have reportedly unveiled a co-branded home buyer ecosystem - Open Doors. This platform will aid customers in the complete process of searching and buying a hom....
Hebbia nabs $30M to develop an AI-driven document search tool
Hebbia, a startup building AI-infused search tools, has recently announced that it has secured $30 million in a Series A round headed by Index Ventures with participation from Radical Ventures. Raquel Urtasun, a former head of AI research at Uber ....
France, Germany agree to cooperate amidst energy crisis during winter
Emmanuel Macron, the President of France, has recently publicized that Germany and France would support each other to overcome the current energy crisis in view of the forthcoming winter. During a press briefing held after a videoconference with G....