As the tech world turns its gaze to Apple’s next big release, the iPhone 16 Plus stands out as a device that’s garnering significant interest. While it may not be the flagship model of the iPhone 16 series, the iPhone 16 Plus is poised to make waves with its unique features and enhancements. Anticipated Launch…
Nathalie Boulas Nilsson appointed new President and CEO of Humana
Stockholm: The Board of Humana has appointed Nathalie Boulas Nilsson as the new President and CEO of Humana AB. Nathalie Boulas Nilsson will also assume the role of Country Manager for the Swedish organisation. Nathalie will take office on July 22, 2024, in connection with when the resigned President and CEO Johanna Rastad leaves the…
AstraZeneca bolsters stake in Cellectis with $140 million investment
AstraZeneca has completed a $140 million equity investment in Cellectis, a biotech firm at the forefront of gene-editing therapies. This transaction, which follows approval from the French Ministry of Economy, sees AstraZeneca acquiring 10 million Class A and 18 million Class B convertible preferred shares at $5 each. The Class A shares carry single voting…
Tech Data Capital to launch in Singapore, India, and Australia
Tech Data, a TD SYNNEX Company, has announced the launch of Tech Data Capital in key Asia Pacific markets. This initiative, which follows successful introductions in North America and Europe, is set to debut in Singapore, Australia, and India, providing tailored financing solutions in collaboration with select financial institutions. The launch of Tech Data Capital…
BrainChip and Frontgrade Gaisler to augment space-grade microprocessors with AI capabilities
BrainChip Holdings Ltd, a pioneer in neuromorphic artificial intelligence technology, has joined forces with Frontgrade Gaisler, a leader in space-grade system-on-chip solutions, to integrate BrainChip’s Akida™ neuromorphic processor into Frontgrade Gaisler’s advanced microprocessors. This collaboration marks a significant leap forward, aiming to create the world’s first space-grade system-on-chip (SoC) with true AI capabilities. The next-generation…
McAfee and Intel showcase AI-powered deepfake detection technology
McAfee has announced at the RSA Conference in San Francisco the enhancement of its AI-powered deepfake detection capabilities. The technology, which is integrated into the McAfee® Deepfake Detector, now leverages the Neural Processing Unit (NPU) in Intel® Core™ Ultra processor-based PCs to provide more robust protection against deepfake scams and misinformation. The Deepfake Detector, initially…
Ambri agrees to proposed sale of business to lenders
Ambri, the provider of long-duration Liquid Metal battery storage systems, has agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders, pursuant to which the lender consortium would acquire substantially all of the assets of Ambri, subject to higher and better bids from other parties during an expedited sale…
KKR acquires Leading Healthium Medtech Ltd
KKR, a prominent global investment firm, has announced the acquisition of Healthium Medtech Ltd., a top-tier Indian medical devices company. The transaction, facilitated by funds managed by KKR, involves the purchase from an affiliate of Apax Partners LLP, a distinguished global private equity advisory firm. Healthium, established in 1992, has been at the forefront of…
Arcavi and Waga Energy commission a RNG production unit in north-eastern France
PARIS: Arcavi, a mixed economy company committed to the sustainable management of waste in the Ardennes region, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, commissioned a RNG production unit at the waste treatment and recovery site IVEDA in Éteignières (Ardennes, France) on April 26,…
Metro Performance Glass CEO Simon Mander has resigned
AUCKLAND: Metro Performance Glass announces that Simon Mander has resigned his position as Group CEO and will be leaving the company on 10 May 2024. Current Director Simon Bennett has been appointed Executive Director, with the leadership team now reporting to him. Shawn Beck the chair said “Simon Mander has led the company through an…
Qantas Group settles with ACCC: $20 million remediation announced
Sydney: Qantas Group has reached a settlement with the Australian Competition and Consumer Commission (ACCC) over the airline’s flight cancellation procedures. The agreement, pending Federal Court approval, includes a $20 million remediation program for passengers affected by the airline’s cancellations, with individual payments ranging from $225 to $450. Additionally, Qantas has agreed to a $100…
Propel Funeral Partners buy four funeral service providers for A$12 million
SYDNEY, AUSTRALIA: In a significant expansion of its network in Australia and New Zealand, Propel Funeral Partners Limited (ASX: PFP) has announced the successful execution of binding agreements to acquire four well-established funeral service providers. The deal, valued at approximately A$12.0 million, marks a strategic move to broaden Propel’s presence in the funeral industry. The…