In September 2023, Google rolled out a major algorithm update called the Helpful Content Update. The aim of this update was to improve the quality and relevance of the search results by rewarding websites and blogs that provide helpful, comprehensive, and authoritative content to the users. However, the update had some unintended consequences. Many websites…
Directa Plus acquires cutting-edge graphene technology for batteries and polymers
LONDON: Directa Plus PLC, a leading graphene producer and supplier, has announced a landmark deal with an Italian innovator to acquire the know-how for a system that can create tailored graphene compounds for batteries and polymers. The acquisition will allow Directa Plus to offer its customers in these markets a single, easy-to-use format of its…
Daihatsu and Toyota halt shipments of 64 models after certification scandal
Daihatsu Motor Co., Ltd. (Daihatsu) and Toyota Motor Corporation (Toyota) announced on Wednesday that they will temporarily suspend shipments of all Daihatsu-developed models currently in production, both in Japan and overseas, after an investigation revealed widespread procedural irregularities in the certification process. The investigation, conducted by an independent third-party committee chaired by Makoto Kaiami, found…
Codex Acquisitions signs terms to acquire TNE – Technologies New Energy for up to £33 million
LONDON, UK: Codex Acquisitions plc (LSE: CODX) has entered into non-binding heads of terms (HOTs) to acquire the entire issued share capital of TNE – Technologies New Energy S.A. (TNE), a sociedade anónima incorporated in Portugal operating in the renewable energy sector, in consideration for an issue of new ordinary shares of nominal value 10…
Cordiant’s České Radiokomunikace to acquire Cloud4com and DC Lužice for £52.1mn
LONDON, UK: Cordiant Digital Infrastructure Limited announced that its Czech portfolio company, České Radiokomunikace a.s. (CRA), has agreed to acquire a pair of businesses from Aricoma a.s. in the data centre and cloud services market, Cloud4com and DC Lužice. The transactions represent a significant advance in both the scale and capability of České Radiokomunikace in…
ETC Holdings offers to acquire Shanta Gold Limited for $141.95 million
LONDON, UK: Saturn Resources Ltd, a wholly-owned subsidiary of ETC Holdings (Mauritius) Limited, reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued share capital of Shanta Gold Limited. Under the terms of the acquisition, Shanta shareholders (other than any member of the buyer group) will be…
Orica agrees to buy Terra for CAD 505 million
SYDNEY, AUSTRALIA: Orica, a global leader in mining and infrastructure solutions, has agreed to buy Terra, a Canadian company that offers advanced sensors and data technology for monitoring projects, for CAD$505 million. The deal, which is expected to close in the first half of 2024, will be funded by cash and debt, and will not…
Metals Australia Ltd appoints Paul Ferguson as Chief Executive Officer
SYDNEY, AUSTRALIA: Metals Australia Ltd (ASX: MLS) announced the appointment of Mr Paul Ferguson as Chief Executive Officer (CEO) to guide development of the company’s flagship Lac Rainy high-grade graphite project and advance its suite of highly-prospective battery metals exploration projects. Paul is a well-credentialed and highly experienced mining engineer and resource industry executive with…
How to Own a Brand New 1967 Shelby GT500 with Modern Features and Technology
Carroll Shelby was a legendary American automotive designer, racing driver, and entrepreneur who created some of the most iconic sports cars of the 20th century. His name is synonymous with performance, innovation, and passion. To commemorate his 100th birthday, Hi-Tech Automotive, a leading manufacturer of licensed replica cars, has announced a new project that pays…
Hildred Capital acquires Hello Bello, a premium baby and family care brand
Hildred Capital Management, a private equity firm that focuses on healthcare, has acquired Hello Bello, a brand that offers high-quality and affordable baby and family care products. The deal will strengthen Hello Bello’s financial and operational capabilities, as well as its distribution network, both online and in top retailers across the US. Hello Bello will…
How Turkish Airlines Will Boost Australia’s Travel Options to Europe
MELBOURNE: The Australian government has agreed to let Turkish Airlines fly more frequently to Australia, opening up more travel options to Europe for Australians. The Transport Minister, Catherine King, approved the deal before Christmas, which could lower the prices of flights to the Middle East and South-East Asia from 2024. Turkish Airlines was supposed to…
SimSpace raises $45M to scale up its cyber training platform
SimSpace, a startup that provides realistic cyber simulations for security teams, has secured $45 million in a funding round led by L2 Point Management. The company, which was bootstrapped until 2021, has now raised a total of $70 million. The investment comes as SimSpace is on track to reach its $50 million annual recurring revenue…