Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for Intel 18A technology, which features advanced transistors and power delivery methods. The partnership aims to help customers accelerate their system-on-chip (SoC) projects and achieve optimal…
How to fund your women-owned business in 2024
Funding is one of the most important and challenging aspects of running a business, especially for women entrepreneurs. Despite the growing number of women-owned businesses in the world, there are still significant barriers and biases when it comes to fund your women-owned business. According to the Global Entrepreneurship Monitor, only 6.6% of women entrepreneurs received…
Web3 gaming studio, Crystal Fun, raises funding from KuCoin Ventures
Crystal Fun, a pioneering Web3 gaming studio, has secured funding from leading crypto exchange KuCoin Ventures. This strategic partnership aims to revolutionize the industry by: KuCoin Ventures sees immense potential in Web3 gaming’s ability to reshape entertainment. Their extensive resources and network, combined with Crystal Fun’s innovative approach, are expected to accelerate global adoption. This…
MIP Discovery raises £7 million to advance cell and gene therapy solutions
MIP Discovery, a biotechnology company that develops non-biological affinity reagents for cell and gene therapy applications, has secured a £7 million Series A funding round led by Mercia Ventures. The round also saw participation from existing investor Calculus Capital and Angel investors. The company plans to use the new capital to further commercialize its novel…
Capital One to buy Discover Financial Services in $35 billion deal, creating payments giant
Capital One Financial Corp. announced earlier that it has agreed to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, creating a payments powerhouse that will serve over 100 million customers. Decoding Discover Financial Services (DFS): A Strategic SWOT Insight The deal, which is expected to close in late 2024 or early…
Barclays announces new operating structure and leadership changes
LONDON: Barclays Plc, one of the leading global financial services providers, has today announced a new operating structure that will align its business segments with its strategic priorities and customer needs. The new structure will consist of five focused operating divisions, namely: Barclays will report its financial performance based on these five operating divisions, in…
Valereum Plc announces strategic initiatives and capital raise for 2024-2025
LONDON, UK: Valereum Plc (AQSE: VLRM), a Gibraltar technology group, has announced its strategic initiatives and capital raise for 2024-2025, aiming to become a leading provider of innovative solutions for tokenising and trading digital assets. The company is planning to launch ‘The Bridge’, a blockchain-based digital financial markets infrastructure (DFMI) that supports the issuance, trading…
Melanie Lane appointed Chief Executive Officer of Pod Point Group
LONDON, UK: Pod Point Group, a leading provider of electric vehicle (‘EV’) charging solutions in the UK, announced the appointment of Melanie Lane as Chief Executive Officer (“CEO”) with effect from 1 May 2024. She will succeed Andy Palmer, who has acted as Interim CEO since 6 July 2023 during the course of the executive…
X5 acquires Forward-Market, a Bashkortostan distributor
MOSCOW: X5 Group, a leading Russian food retailer, announced an agreement to acquire Forward-Market, a distributor operating in the Republic of Bashkortostan. The Federal Antimonopoly Service (FAS) of the Russian Federation has approved the deal. As part of the deal, X5 will take over the ownership of distribution centres measuring a total of 28,000 square…
Nightcap Plc has acquired The Piano Works
LONDON, UK: Nightcap Plc (AIM: NGHT), the owner and operator of 46 premium bars, announced the acquisition of The Piano Works, the live entertainment concept currently operating at Nightcap’s Barrio Covent Garden venue and at a venue in Farringdon, London. The Piano Works was launched in 2015 in a large Victorian warehouse site in Farringdon,…
Pape-Dawson Engineers has acquired Georgia-based engineering firm, Maxwell-Reddick
Pape-Dawson Engineers, LLC has acquired Georgia-based engineering firm, Maxwell-Reddick, as part of its strategy to expand its industry-leading civil engineering, surveying, and land planning practice across the United States. Maxwell-Reddick was founded in 1964 and provides a wide range of services including land planning, civil engineering, hydrology and hydraulics, and surveying. The firm is headquartered…
Black Stone Minerals reports strong results for 2023, provides outlook for 2024
Black Stone Minerals, L.P. (NYSE: BSM), a leading owner of oil and natural gas mineral interests in the United States, announced its financial and operating results for the fourth quarter and full year of 2023 and provided guidance for 2024. The Company reported net income of $147.6 million and Adjusted EBITDA of $125.5 million for…