Cannae Holdings Inc. (NYSE: CNNE) today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan…
Virgin Media O2 partners with Hiya to fight phone spam and fraud
Virgin Media O2, one of the UK’s largest telecommunications companies, has announced a partnership with Hiya, the leader in voice security, to provide its customers with AI-powered spam-fighting and branded calling services. The partnership will benefit Virgin Media O2 and its mobile virtual network operators (MVNOs) such as giffgaff, who will receive an additional layer…
Ransomware: The $1.1 billion threat that won’t go away
Ransomware is a type of malware that encrypts the victim’s data and demands a payment to restore it. It has been around for decades, but in 2023, it reached new heights of sophistication and profitability. According to a new report by Chainalysis, a leading blockchain analysis firm, ransomware actors collected a record-breaking $1.1 billion from…
Revolut offers phone plans for travelers with eSIMs
Revolut, a British fintech company that offers banking and payment services, has launched a new service for travelers in the U.K. that allows them to use phone plans with eSIMs, or virtual SIM cards. The plans, which are available to Revolut’s Ultra subscribers, give users 3GB of data per month to use in over 200…
Geogentia launches In:SITE, a contraband detection service in high-security facilities
Geogentia, a leader in geospatial intelligence and big data, has announced the launch of In:SITE, a service that can enhance the security of correctional facilities and other high-security areas by detecting contraband devices. In:SITE is a breakthrough in the field of contraband detection, as it can identify the presence of unauthorized mobile devices, such as…
CTC Global secures strategic investment from Endeavour and Greenbelt
CTC Global, a leader in advanced conductor technology, has received a strategic investment from Endeavour Capital and Greenbelt Capital Partners to accelerate the growth of its products that enhance grid efficiency and reduce emissions. The Irvine, CA-based company specializes in engineering and manufacturing advanced conductor cores for high-voltage transmission cables. Its flagship products, ACCC Conductor…
Barter Trade: A System Without Money
Barter, the act of exchanging goods or services directly without using a medium of exchange like money, is considered the oldest form of commerce. While largely replaced by monetary systems, barter still exists in various forms and contexts. Here’s an overview with references to reputable publications: Definition and History: Modern Applications: Limitations and Alternatives: While…
Coinsilium showcases its Web3 investment portfolio and future plans
LONDON, UK: Coinsilium Group Limited, a leading Web3 investor, advisor and venture builder, has released its latest investor presentation on its website and YouTube channel. The presentation covers the company’s investment and advisory activities in the Web3 space, as well as its vision and strategy for the future. Web3 is a term that refers to…
Believe S.A. to go private in €15 per share deal with TCV, EQT and founder Denis Ladegaillerie
PARIS, FRANCE: Believe S.A., a leading digital music company that helps independent artists and labels distribute and monetize their music online, has agreed to sell its majority stake to a consortium of funds managed by TCV and EQT, and its founder Denis Ladegaillerie, who will launch a tender offer for the remaining shares. The consortium…
ASM International announces Hichem M’Saad as new CEO
AMSTERDAM: ASM International N.V. (Euronext Amsterdam: ASM), a leading supplier of wafer processing equipment, today announced that its CEO Benjamin Loh will retire and be succeeded by Hichem M’Saad, the current CTO and Management Board member. Loh, who joined ASM as CEO in 2020, will step down as per the Annual General Meeting (AGM) of…
Anglo American and Finnish Minerals Group to explore battery value chain opportunities
LONDON, UK: Anglo American and Finnish Minerals Group have signed a memorandum of understanding (“MOU”) to work together to explore opportunities to further support Finland’s battery strategy. Finnish Minerals Group is a holding and development company that manages the Finnish Government’s mining industry shareholdings and supports the development of the Finnish battery value chain. Alison…
ADNOC Gas reports strong financial results and growth investments in 2023
ABU DHABI, UAE: ADNOC Gas, a world-class integrated gas processing company, announced its consolidated financial results for Q4 2023 and FY 2023, showing a strong performance driven by volume growth and a positive pricing environment. The Company’s Q4 2023 revenue increased by 7% year-on-year to $6.3 billion, processed volumes rose to 912 TBTU, enough to…