SYDNEY: Simble Solutions Limited (ASX:SIS), a leading global provider of sustainability solutions, has announced the appointment of Mr. Fadi Geha as its new Chief Executive Officer, effective March 26, 2024. The company, known for its innovative software products and consulting services aimed at achieving Net Zero carbon emissions, welcomes this strategic move at a crucial…
Alibaba plans to buy remaining 36% of Cainiao for $3.75 billion
Alibaba Group has offered to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong. In the Chinese e-commerce giant’s latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in…
Canva acquires Affinity to expand visual communication tools
Canva, the world’s only all-in-one visual communication platform, has announced today the acquisition of Affinity, the award-winning creative software suite for professional-level photo editing, illustration, graphic design, and page layout. The acquisition significantly strengthens Canva’s vision of creating the most comprehensive set of visual communication tools in the world, a news release said. While the…
Apple’s WWDC 2024 in June: Unveiling the Future of AI and VR
Apple has just dropped the dates for its epic WWDC event, happening from June 10 to June 14. Get ready to stream the action live on Apple’s website, and for a lucky few, there’s an exclusive invite to kick things off at Apple HQ! This year’s WWDC is buzzing with anticipation for Apple’s big reveal…
Evergreen Podcasts acquires Converge Podcast Network to expand family-friendly content
Evergreen Podcasts, a leading independent podcast network, has announced the acquisition of Converge Podcast Network, known for its family-friendly and faith-based content. This marks Evergreen’s fifth and largest acquisition, contributing to a 106% surge in monthly downloads since August 2023. Michael DeAloia, CEO of Evergreen, expressed excitement over the acquisition, emphasizing the company’s vision to…
EVOLOH Inc. secures $20 million in Series A funding led by Engine Ventures
EVOLOH, Inc., a pioneering manufacturer of electrolyzer stacks for hydrogen production, has successfully closed an oversubscribed $20 million Series A funding round. The investment was spearheaded by Engine Ventures, with notable contributions from a subsidiary of NextEra Energy Resources and 3M Ventures. The fresh capital infusion is earmarked for the expansion of EVOLOH’s high-throughput manufacturing…
PipeDreams secured $25.5M in Series A funding led by Canvas Ventures and Plural
PipeDreams, a tech-enabled home services provider, secured another $25.5M in Series A funding led by Canvas Ventures and Plural, bringing its total equity funding to $39M. Angel investors include Tony Xu, the founder of DoorDash; Thomas Layton, the founder of CitySearch, former CEO of OpenTable, and Chairman of UpWork; and Allison Pickens, former COO at…
Prince Industries announces strategic acquisition of Bradford Machine
Prince Industries, a prominent player in precision machining and sheet metal fabrication, has announced the successful acquisition of Bradford Machine. The terms of the deal, orchestrated by HC Private Investments, Prince’s parent company, remain undisclosed. Bradford Machine, headquartered in Brattleboro, VT, is renowned for its fully automated precision machining facility that specializes in tight tolerance…
Cavli Wireless unveil revolutionary 5G Module at Embedded World 2024
Cavli Wireless, a leading innovator in the Internet of Things (IoT) sector, is gearing up to introduce its groundbreaking 5G RedCap CQM220 Cellular IoT Module at the prestigious Embedded World 2024. The event, which is the pinnacle for embedded technology enthusiasts, will take place at NürnbergMesse GmbH in Nuremberg, Germany, from April 9 to 11….
Carrefour buybacks 25 million shares from Galfa
PARIS: Retail giant Carrefour has announced a significant share buyback, acquiring 25 million of its own shares from Galfa, a subsidiary of the Motier group. This transaction, representing approximately 3.5% of Carrefour’s capital, will see Galfa’s remaining stake in the company adjust to 7.71% of the capital and 13.3% of the voting rights. This buyback…
Eurowag reports 34.4% increase in net revenue during 2023
LONDON, UK: W.A.G payment solutions plc, known as Eurowag, a leader in the pan-European payments and mobility sector for commercial road transport, has announced its preliminary financial results for the year ending December 31, 2023. The Group reported a strong performance with a significant increase in net revenue and sustained growth across its business-critical products…
AIREA plc reports 14.1% increase in group revenue during 2023
LONDON, UK: AIREA plc, a leading UK-based specialist in design-led flooring, has reported a significant increase in its annual financial results for the year ending December 31, 2023. The company, known for its innovative approach to flooring solutions, has seen a 14.1% surge in group revenue, reaching £21.1m, up from £18.5m the previous year. The…