Philippine Airlines exits bankruptcy

LONDON, UK: Avation Plc, the commercial passenger aircraft leasing company, advised that its customer Philippine Airlines Ltd (PAL) has exited bankruptcy and has received court approval for its restructuring plan…

Salarius completes oversubscribed crowdfund

LONDON, UK: Tekcapital Plc announced that Salarius' U.S. subsidiary MicroSalt Inc has completed an oversubscribed Reg CF Crowdfund, having achieved its goal of $750,000. Salarius, is the developer and manufacturer…

MTI agrees to acquire PSK for $1.2mn

LONDON, UK: MTI Wireless Edge Ltd subsidiary MTI Summit Electronics has entered into a share purchase agreement, which includes both a purchase of existing shares in and the making of…

Twitter sells MoPub to AppLovin for $1.05bn

NEW YORK: Twitter has completed the sale of its mobile ad platform, MoPub, to the mobile game maker and marketing software provider AppLovin for $1.05 billion in cash. The deal…