PERTH: Australian technology firm Vection Technologies Ltd said on Monday it has agreed to acquire digital transformation company Digital Experience Labs Pty Ltd (DXLabs) in an all-scrip deal, aiming to strengthen its earnings and expand its footprint in the Asia-Pacific region. The acquisition, which is expected to close by Oct. 31, will add approximately A$3.5 million…
The invisible money machine: Unlocking realistic, recurring income in a saturated world
Feeling the squeeze? You’re not alone. Scroll through any social feed, and it’s a parade of “$10K Months” and “Passive Income King” claims. It’s enough to make anyone feel like they’ve been left behind, especially when you’re a new mom with naptime hustle, a 32-year-old facing a quarter-life crisis, or a 16-year-old just trying to get…
Zoth acquires Neemo Finance to bolster stableFi platform with liquid restaking
SINGAPORE: Blockchain infrastructure firm Zoth said on Tuesday it acquired Neemo Finance, a liquid restaking protocol, in a strategic move to integrate yield-generating services into its growing “StableFi” operating system. The acquisition, the terms of which were not disclosed, aims to enhance Zoth’s suite of financial products by adding Neemo’s technology for liquid restaking and…
Kuwait plans 14 GW power expansion by 2031 to meet soaring demand
KUWAIT CITY: Kuwait will add 14.05 gigawatts of electricity generation capacity by 2031, the energy minister said Saturday, as the Gulf state races to meet surging demand and avoid future power shortages. Subaih Al-Mukhaizim, minister of electricity, water and renewable energy, said the country successfully navigated the summer of 2025 despite extreme heat, with peak…
Pakistan Stock Exchange launches EOD market data product via Deutsche Börse
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…