WELLINGTON, NZ: Channel Infrastructure, a leading energy infrastructure company, has announced its refreshed strategy to pursue growth opportunities and support New Zealand’s decarbonisation pathway. The company’s chair, James Miller, said that Channel Infrastructure had delivered strong results in the past two years, with a total shareholder return of almost 86%. He credited the company’s successful…
Qantas and Alliance Aviation terminate acquisition plans
SYDNEY: Qantas and Alliance Aviation Services Ltd (Alliance) have announced the termination of their May 2022 agreement for Qantas to fully acquire the Australian-based charter operator.Qantas’ acquisition of Alliance was formally opposed by the competition regulator in April 2023. Both companies believe the acquisition would have created customer value without lessening competition in the highly…
Gamer Pakistan to Develop Next-Gen 5G Edge Mobile Gaming Platform
Gamer Pakistan Inc. (NASDAQ: GPAK), a leading esports company in Pakistan, has announced the development of a cutting-edge 5G Edge mobile gaming platform. The platform will be equipped with AI technology and is set to revolutionize the competitive gaming landscape, particularly for university esports. The 5G Edge platform will be launched in phases and will…
Best Smartwatches of 2023: Top 7 Picks for Every Budget and Need
Smartwatches are more than just devices that tell the time. They are wearable computers that can connect with your smartphone and offer a range of features and functions that can enhance your lifestyle. Whether you want to monitor your health, play music, make calls, or get directions, smartwatches can do it all. Here are some…
Qualcomm and Google working on RISC-V platform for Wear OS
Qualcomm and Google have announced that they are working on a RISC-V platform for Wear OS devices. RISC-V is an open standard instruction set architecture (ISA), which means that anyone can design and build a RISC-V chip. This has the potential to lower costs and increase competition in the chip industry, which could lead to…
Amazon drones fly over 500 medications to customers in College Station, TX
College Station, TX, the home of Texas A&M, is the first city to enjoy drone prescription deliveries from Amazon. The service, which started in 2022 with (non-medical) Amazon shipments, now includes “more than 500 medications” for common conditions like the flu, asthma and pneumonia. Customers can order their medications online and receive them by air…
Apple Analysts predicts a powerful 32-inch iMac in 2025
Apple’s M1 chip made a splash with its debut in the first iMac, a colourful and sleek desktop all-in-one for families and students. However, it was not the most powerful device in its category. That could change with a rumoured high-end iMac that might launch in 2025. Apple has not offered a robust option for…
Vodafone to launch 2.2 Gbps broadband in 2024, promises to download Call of Duty in three minutes
Vodafone has announced that it will offer a broadband package that can achieve speeds of up to 2.2 Gbps in “early 2024”. The company says that this will be much faster than the current EE network, which offers up to 1 Gbps. It also claims that downloading a whole game, such as Call of Duty,…
OpenAI and G42 join forces to advance generative AI in the UAE
UAE: A new collaboration between OpenAI, a leading generative AI (GenAI) company, and G42, Abu Dhabi’s top AI firm, has been announced. The deal’s financial terms were not revealed. The collaboration will explore the applications of OpenAI’s GenAI models in various domains, such as healthcare, energy and financial services. The UAE has a strong technological…
What Does GTM Mean and Why Do SaaS Providers Need It?
Being a part of the dynamic and competitive world of Software as a Service (SaaS) means ensuring your product or service reaches the right audience at the right time. That’s where a Go-to-Market (GTM) strategy comes in. But what exactly does GTM mean and why do SaaS providers need it? A Go-to-Market strategy, in essence,…
Sure Valley Ventures leads £2.2 million seed round in AI image verification firm, Captur
LONDON, UK: Sure Valley Ventures (SVV) has led a £2.2 million seed round in Captur, a company that has built an enterprise AI platform for real-time, rules-based image recognition. Existing investors, MMC Ventures and Ascension Ventures participated in this round, along with other investors including ex-Deliveroo, and enterprise AI investors Concept Ventures and Two Culture…
Syncona offers $5.00 per share to take full control of Freeline Therapeutics
LONDON, UK: Syncona, a healthcare company that creates, builds and scales global leaders in life science, has made a non-binding offer to buy the rest of Freeline Therapeutics, a gene therapy company that Syncona co-founded in 2015. Syncona already owns about 57.9% of Freeline’s shares and wants to pay $5.00 in cash for each American…