NEW YORK: Rizk Ventures LLC is launching SpareBox Storage, a national self storage platform focusing on consolidating the highly fragmented and attractive self-storage market across the US, a news release said. Rizk Ventures, a special situation operating and investment platform with a focus on real estate, technology and healthcare, owns and operates more than 10…

Tata Communications and Blackbird to launch cloud-based video editing services
LONDON: The developer and seller of the market-leading cloud video editing platform, Blackbird Plc has partnered with Tata Communications, to launch its cloud-based video editing services for live video to the media & sports industry. Tata Communications is a digital ecosystem enabler that powers today’s fast-growing digital economy. The company is leading the technology disruption…

Jobvite launches AI Innovation Lab to deliver recruitment insights
INDIANAPOLIS: Jobvite has announced the launch of the AI Innovation Lab, empowering talent acquisition leaders to better understand recruitment data and improve recruiting results. Jobvite’s AI Innovation Lab is comprised of Jobvite’s experienced data science team that not only develops new product capabilities but also delivers innovative analysis and insights to help companies achieve better…

Trident Royalties acquires package of prospective gold royalties in Western Australia
LONDON: Trident Royalties’ wholly owned subsidiary TRR Services Australia Pty Ltd has entered into a binding agreement with Talga Resources Limited to acquire a package of existing gold royalties covering four projects located in the prospective Pilbara and Yilgarn regions of Western Australia, Australia. The Royalty Package is being acquired for a total consideration of…

ConsumerMedical acquires virtual second opinion innovator InfiniteMD
BOSTON: Clinical advocacy and decision-support company ConsumerMedical has acquired InfiniteMD (IMD), a news release said. InfiniteMD is a technology-leading virtual Expert Medical Opinion (EMO) firm recognized for its innovative platform and network of elite providers and specialists. “This acquisition streamlines the delivery of critical, expert medical guidance that will give our participants facing serious and…

Recce Pharmaceuticals appoints James Graham as Chief Executive Officer
SYDNEY: Recce Pharmaceuticals Ltd announced the Board of Directors has unanimously appointed James Graham to the role of Chief Executive Officer. Recce Pharmaceuticals Non-Executive Chairman Dr John Prendergast said, “James has demonstrated innate entrepreneurial and commercial skills that have been instrumental to the expansion of the Company. As James takes on his new role, the…

monday.com and Xertica announce new partnership to boost remote work in Latin America
MEXICO CITY: monday.com, a customizable work operating system, and Xertica, a leading cloud computing consulting firm in Latin America, are partnering to work together in Latin America, where monday.com has 10,000 customers. This aims to help companies, through monday.com’s resources, to be more competitive and achieve their goals with their remote teams. According to GlobalData,…

AIDA Cruises will resume cruise operations with fall and winter voyages
ROSTOCK: AIDA Cruises, the leading cruise line in Germany and a part of Carnival Corporation & plc, announced that it will offer cruises this fall and winter that combine the fascination of a cruise trip with an unforgettable holiday experience to several popular destinations. Due to the coronavirus pandemic, the conditions are currently not in…

Southern California Edison gets green light for $436mn expanded EV charging program
ROSEMEAD: State officials gave Southern California Edison (SCE) the green light for an expansive electric car charging infrastructure program that will add about 38,000 new chargers throughout the utility’s 50,000-square-mile service area. The program, known as Charge Ready 2, will be the nation’s largest light-duty electric vehicle charging program run by an investor-owned utility. “This…

HSBC ETFs plc launches a new multi-currency sub-fund
LONDON: The Board of Directors of HSBC ETFs plc announced the launch of a new nulti-currency (USD/GBP) sub fund: HSBC EMERGING MARKET SUSTAINABLE EQUITY UCITS ETF. The investment objective of HSBC Emerging Market Sustainable Equity UCITS ETF is to replicate the performance of the FTSE Emerging ESG Low Carbon Select Index, while minimising as far…

Northamber appoints Alex Phillips as new Managing Director
LONDON: Northamber PLC announce that Alex Phillips is to become the Company’s Managing Director with effect from 1 September 2020, having been appointed to the board as Commercial Director and prior to that he was the Director of Strategy. Alex remains an executive director on the board of Northamber. Northamber PLC is a United Kingdom-based…

British Gas pays £1.73 million for handling of changes to prepayment meter top-up arrangements
LONDON: British Gas failed to notify around 270,000 prepayment customers about a change of top-up provider, from Paypoint to Payzone, which went live on 1 January 2020. This meant that some customers, many of whom are in a vulnerable situation, may have suffered detriment through wasted journeys to try and top-up at shops which no…