KARACHI: The Pakistan Stock Exchange (PSX) has launched its End-of-Day (EOD) Market Data Product on the Deutsche Börse Data Shop, marking a strategic step toward global data integration and commercial innovation. The initiative, developed in collaboration with Deutsche Börse AG—PSX’s exclusive international licensor and a leading provider of financial data services—aims to enhance the visibility…
Forget the fold, meet the flex: Samsung’s trifold phone may finally fix a major camera complaint
Leaked animations suggest the revolutionary Galaxy Z TriFold isn’t just changing the screen game—it’s poised to deliver a staggering 100x zoom, something Fold fans have been begging for. Get ready, tech enthusiasts. The smartphone landscape is about to get a lot more… folds. Samsung is reportedly prepping its most ambitious device yet: the Galaxy Z…
Dentalcorp to be acquired by by GTCR in C$3.3 billion deal
TORONTO: Dentalcorp Holdings Ltd., Canada’s largest network of dental practices, said on Thursday it has agreed to be acquired by private equity firm GTCR in a deal that values the company at about C$3.3 billion ($2.4 billion) including debt. Under the terms of the agreement, GTCR will pay C$11.00 in cash for each share of…
Ceres Power sees revenue dip but touts AI power demand and manufacturing milestones
Revenue for the six months to June 30 fell to £21.1 million ($27.3 million) from £28.5 million a year earlier LONDON: British clean energy technology firm Ceres Power Holdings plc (CWR.L) reported a 26% drop in first-half revenue on Friday, in line with expectations, but highlighted an “unprecedented” market opportunity driven by power-hungry AI data…
Tandem Group H1 revenue rises 14.3%, net debt down 17.9%
LONDON: Tandem Group plc (AIM: TND), a UK-based designer and distributor of sports, leisure and mobility equipment, reported a 14.3% rise in revenue to £11.2 million for the six months ended June 30, 2025, driven by improved inventory management, cost controls and favourable foreign exchange movements. Tandem Group plc is a designer, developer, distributor and…
OLX Group to acquire La Centrale, a leading French autos classifieds platform, EUR 1.1 billion
LONDON: OLX Group (OLX), a global online classifieds leader wholly-owned by Prosus, today announced it has entered into an agreement to acquire La Centrale, a leading French autos classifieds platform, from Providence Equity Partners L.L.C. for EUR1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process. OLX operates fast-growing and highly…
Factory Inc. announces Droids’ AI development agents; Secures $50 million in Series B funding
SAN FRANCISCO: Factory Inc. announced Tuesday the release of Droids, a new class of AI software development agents, following the product’s top ranking on the Terminal Bench, a standard industry benchmark. The company also announced it has raised $50 million in a Series B funding round led by NEA and Sequoia Capital, with participation from…
Easy Mile Fitness acquires 17 Planet Fitness Clubs, expands reach in Pacific Northwest
PORTLAND: Easy Mile Fitness, a privately held Planet Fitness franchisee, has acquired 17 new locations from Bravo Fit Franchise Group, expanding its footprint across Oregon and Alaska. The acquisition includes 15 clubs in Oregon—spanning Portland, Bend, Medford and Yakima—and two in Anchorage, Alaska. With the deal, Easy Mile Fitness becomes the largest Planet Fitness operator…
Association Analytics acquired by Theatre and Trajectory Capital
ARLINGTON: Association Analytics (“A2”), a leading provider of data and analytical software for trade and professional associations, announced today the sale of its key assets to Theatre Capital and Trajectory Capital. The investment firms have partnered with the existing A2 management team, including CEO Alex DeBarr, to accelerate the growth of the company’s platforms. The…
Fiserv acquires Smith Consulting Group to strengthen advisory services for community financial institutions
BROOKFIELD: Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has acquired Smith Consulting Group (SCG), an operational consulting firm serving community banks and credit unions. The terms of the transaction were not disclosed. The acquisition, announced Tuesday, is intended to deepen the in-house expertise Fiserv can offer its clients….
Perseus, SODA.Auto forge alliance to develop AI-powered vehicle interface
LONDON: Perseus Motor Corporation, Europe’s first AI-native electric vehicle brand, announced a strategic alliance Tuesday with software-defined vehicle leader SODA.Auto to co-develop what they term the world’s most advanced artificial intelligence-powered Human-Machine Interface (HMI). The partnership aims to create a vehicle that learns and adapts to its driver’s habits and emotional state, moving beyond traditional…
Goldman Sachs-backed Petershill Partners to delist from London at £3.4bn valuation
LONDON Investment firm Petershill Partners (PHLL.L), backed by Goldman Sachs (GS.N), said on Friday it plans to delist from the London Stock Exchange, becoming the latest company to quit the city’s equity market in a deal valuing it at about £3.4 billion. The FTSE 250 group, which provides retail investors access to private equity and…