Cryptocurrency has become a popular and lucrative form of investment, but it also comes with major security risks. As the crypto market grows, so do the number of hackers, scammers, and fraudsters who want to steal your hard-earned coins. In this guide, we will look at some of the biggest crypto crimes of all times,…
LTTS and AT&T join forces to fight climate change with connectivity solutions
L&T Technology Services Limited (LTTS), a leading digital engineering and R&D services company, and AT&T, a global telecommunications giant, have announced a strategic alliance to develop and deploy connectivity-based solutions that can help reduce greenhouse gas emissions by 1 gigaton by 2035. The alliance is part of AT&T’s Connected Climate Initiative (CCI), a collaborative effort…
CAB Payments announces new CEO and senior adviser roles
LONDON, UK: CAB Payments, a leading provider of cross-border payments and foreign exchange solutions, has appointed Neeraj Kapur as its new CEO, effective from 26 March 2024. He will replace Bhairav Trivedi, who will become a senior adviser to the board. Neeraj Kapur joins CAB Payments from Vanquis Banking Group, where he was the group…
Ofgem announces significant reduction in energy price cap
LONDON: Energy regulator Ofgem has today (Friday 23 February, 2024) announced a significant reduction of the energy price cap for the second quarter of 2024. The price cap, which sets a maximum rate per unit that can be charged to customers for their energy use, will fall by 12.3% on the previous quarter from 1…
Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion
LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services, a company announcement noted. Woodside has executed a binding sale and purchase agreement with JERA for the…
TruScreen CEO resigns, interim CEO appointed
TruScreen Group Limited (NZX/ASX:TRU), a company that develops and sells cervical cancer screening devices, announced today that its CEO, Dr. Beata Edling, has resigned for personal reasons. Edling, who led the company since October 2022, will help with the transition to an interim CEO in the coming weeks. She will also continue to support TruScreen’s…
Capgemini acquires Unity’s Digital Twin Professional Services team
Capgemini, a global leader in business transformation and engineering services, announced today that it will take on Unity’s Digital Twin Professional Services team, one of the largest groups of Unity enterprise developers in the world. The deal, expected to close in Q2 2024, will enhance Capgemini’s ability to offer real-time 3D (RT3D) visualization software for…
Datasite acquires board software provider Sherpany
Datasite, a leading SaaS platform for complex, strategic projects, has announced the acquisition of Sherpany, a Zurich-based board reporting and meeting management software provider. The deal is expected to close in Q1 2024, subject to closing conditions. The acquisition will add advanced functionality to Datasite’s product suite, enabling board collaboration and meeting management. Datasite’s CEO,…
SunCoke Energy announces Katherine T. Gates as new CEO
SunCoke Energy, Inc. (NYSE: SXC), a leading producer of high-quality coke for the steel industry, today announced that its Chief Executive Officer and Board member Michael G. Rippey will retire on May 15, 2024. He will be succeeded by Katherine T. Gates, the current President of the Company, who will also join the Board as…
Vertical Aerospace secures $50 million funding from CEO and founder
Vertical Aerospace, a global aerospace and technology company that is pioneering zero emissions aviation, announced that it has entered into an investment agreement with its CEO and founder, Stephen Fitzpatrick, who will provide up to $50 million of funding to the company in the form of an equity investment. The investment follows a previous agreement…
Mayfair Capital Partners acquires Baseline Fitness, a leading Planet Fitness franchisee
Mayfair Capital Partners, a division of Oxford Financial Group, has acquired Baseline Fitness, a leading franchisee in the Planet Fitness system, from Freeman Spogli and Co. The investment closed on February 2, 2024, and terms were not disclosed. Baseline Fitness, founded in 2009 and headquartered in Fargo, North Dakota, operates 100 Planet Fitness locations across…
Elve Inc raises $15M to boost wireless connectivity beyond 5G
Elve Inc., a company that develops high-efficiency lightweight millimeter-wave power amplifiers, has secured $15M in Series A funding from a group of investors, including Lockheed Martin Ventures and TomEnterprise Private AB. The company’s power amplifiers enable wireless connectivity beyond 5G, by integrating advanced manufacturing technologies into vacuum electronic devices. Elve’s products can enhance communication with…