RIYADH: Taiba Investment Co., a leading Saudi company in the fields of real estate, hospitality, and tourism, has announced the appointment of Mr. Sultan bin Badr Al-Otaibi as its new CEO, effective from January 1, 2024. Mr. Al-Otaibi succeeds Eng. Saleh bin Habdan Al-Habdan, who resigned from his position as CEO and was appointed as…
Level Access to acquire UserWay, a leader in accessibility AI
Level Access, a provider of digital accessibility solutions, has agreed to buy UserWay, a company that uses AI to improve web accessibility for people with disabilities. The deal, expected to close in early 2024, will combine the technologies and expertise of both companies to help more organizations create and maintain accessible digital platforms. UserWay’s software…
LG unveils new Gram Pro laptops with OLED displays and AI features
LG is gearing up for the upcoming CES 2024 event by announcing some exciting updates to its popular Gram series of laptops. The Gram series is known for its lightweight design and powerful performance, and the new models are no exception. Meet the LG Gram Pro and LG Gram Pro 2-in-1 The new additions to…
Apple Hospitality buys Las Vegas hotel for $75 million
Apple Hospitality REIT, Inc. (NYSE: APLE), a real estate investment trust that owns hotels across the US, has acquired the SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million. The 299-room hotel, located near the Las Vegas Strip and the newly expanded Las Vegas Convention Center, offers premium amenities such as a…
Enpro to buy Advanced Micro Instruments (AMI) for $210 million
Enpro Inc., an industrial technology company, announced today that it will acquire Advanced Micro Instruments, Inc. (AMI), a maker of analyzers and sensors that monitor gas quality and reduce emissions. The deal, valued at $210 million in cash, is expected to close in early 2024. AMI, based in Costa Mesa, California, serves customers in various…
EIG to buy Brazilian offshore oil and gas company Ocyan for US$390 million
EIG, a global energy and infrastructure investor, announced today that it has agreed to buy Ocyan, a Brazilian offshore oil and gas solutions provider, from Novonor and BNDES for US$390 million. The deal will help Novonor pay off some of its debt to BNDES, the Brazilian development bank. Ocyan operates four floating production units in…
Things to Look For When Buying a Laptop Bag
You always need a laptop if you live in the digital world. Moving around with your laptop is more convenient when it is in a good bag. A laptop bag is essential whether you work as a professional or a student. Additionally, a dependable laptop bag involves more than just portability. It’s a valuable addition…
How to Choose the Right Size of Diesel Generator for Your Business
Diesel generators are a great option for businesses that need reliable and uninterrupted power supply during emergencies or power outages. Diesel generators have many advantages over other types of generators, such as: However, choosing the right size of diesel generator is not as simple as it may seem. If you choose a generator that is…
Enhancing AI with Transfer and Few-Shot Learning
The field of AI is progressing quickly and is now an essential component in multiple industries. Nonetheless, building AI models from the beginning requires a significant amount of time and resources. This is where transfer learning and few-shot learning techniques come into play. Understanding Transfer and Few-Shot Learning Transfer learning is an approach in AI…
Xiaomi launches its first EV and aims to join the top five carmakers
On Thursday, Xiaomi, a Chinese smartphone giant, unveiled its first electric vehicle and declared its goal to join the top five carmakers in the world. The SU7, a sedan model, is eagerly awaited by the market as it is expected to leverage its operating system that is compatible with the company’s phones. However, the car…
KuCoin Labs partners with OOFP to boost bitcoin asset services
KuCoin Labs, a global cryptocurrency exchange, has announced a strategic partnership with OOFP, a project that offers value-added services for Bitcoin assets such as inscriptions, runes, and NFTs. OOFP leverages a vault pool for mining and various strategies such as holding, staking, and DeFi to boost asset growth and appreciation. OOFP’s vision is to build…
Williams to buy Hartree Partners’ natural gas storage assets for $1.95 billion
Williams, a leading energy company, announced that it will acquire six underground natural gas storage facilities and related pipelines from Hartree Partners for $1.95 billion. The deal will boost Williams’ capacity and access to key markets, including LNG and Transco, the largest natural gas transmission pipeline in the US. The transaction is expected to close…