ConsumerDirect, a mid-market financial technology company with 540% growth in five years, has launched an equity crowdfunding campaign on StartEngine, a platform that allows everyday people to invest in startups. The campaign aims to raise funds for ConsumerDirect’s mission to help 92 million Americans with low credit scores access better financial products. ConsumerDirect, which has…
Microsoft brings Office apps to Meta Quest VR headsets
Microsoft has expanded its presence in the virtual reality market by launching its popular Office apps for Meta Quest headsets. Users can now download and use Word, Excel, and PowerPoint on their VR devices, as well as the Xbox Cloud Gaming app that was announced earlier this week. The Office apps are compatible with the…
Chobani buys coffee maker La Colombe for $900 million
To grow its beverage portfolio, Chobani, the maker of Greek-yogurt, acquired La Colombe, a ready-to-drink coffee producer, for $900 million on Friday. The deal was financed by a mix of a new $550 million term loan, cash reserves and swapping Keurig Dr Pepper’s (KDP.O) minority stake in the coffee company for Chobani shares. Chobani had…
Twin Health raises $50 million from Singapore’s Temasek and other investors
Twin Health, a company that uses artificial intelligence to create personalized models of individual metabolisms, has secured $50 million in funding from Singapore’s Temasek and other investors. The company aims to reverse, improve, and prevent chronic metabolic diseases, such as type 2 diabetes, obesity, and fatty liver, that affect millions of people worldwide. Twin Health’s…
Why You Should Consider Buying a Used Computer Instead of a New One
Computers are essential tools for work, education, and entertainment, but they can also be very costly. A new computer can set you back hundreds or even thousands of dollars, depending on the model and specifications. Not everyone has that kind of budget, especially in these uncertain times. But what if you could get a computer…
Bushveld Minerals secures partnerships with Southern Point Resources and Highveld
LONDON, UK: Bushveld Minerals Limited, a leading vanadium producer, has announced a series of transactions with Southern Point Resources, a strategic partner and investor, to boost its working capital and streamline its marketing and sales operations. The transactions include: Craig Coltman, CEO of Bushveld, said that the transactions will “fundamentally transform” the company and create…
88 Energy expands its footprint in Texas Permian Basin
LONDON, UK: 88 Energy Limited, an oil and gas exploration and production company, has announced the acquisition of a new non-operated working interest in leases and wells in the Permian Basin of Texas, U.S. The new assets, known as Bighorn Phase 3, are adjacent to the company’s existing Project Longhorn assets, which were acquired in…
Everyman Media has purchased two Tivoli cinemas in Bath and Cheltenham
LONDON, UK: Everyman Media Group has purchased two Tivoli cinemas in Bath and Cheltenham. Everyman will take over operation of the venues with immediate effect. The cinemas were formerly owned and operated by Empire. Alex Scrimgeour, Chief Executive Officer of Everyman Media Group Plc, said: “We are delighted to announce the acquisition of these cinemas…
Barkby and Meadow JV buys Stoke roadside asset for £5.28m
LONDON, UK: Barkby, the roadside real estate business, has announced the first acquisition of its joint venture with Meadow Partners LLP, a property investment firm. The JV has bought a site in Stoke for £5.28 million, which was previously owned by Meadow at cost. The site has four units, let to Costa Drive Thru, TGI…
Leeds Group to sell Hemmers-Itex Textil Import Export GmbH
LONDON, UK: Leeds Group plc has conditionally agreed to sell the entire issued share capital of its subsidiary, Hemmers-Itex Textil Import Export GmbH (Hemmers), to a subsidiary of Nooteboom Bidco B.V. for a cash consideration of approximately £657,000. The consideration is based on the net assets of Hemmers as at 30 November 2023, excluding properties,…
RMA acquires Rone Engineering, expands presence in Texas
RMA Companies, a national provider of geotechnical engineering, environmental consulting, and construction materials testing services, announced today that it has acquired Rone Engineering, a leading firm based in Dallas, Texas. Rone Engineering has over 50 years of experience in delivering quality and practical solutions for public and private clients in various sectors, including transportation, public…
Intel launches new AI chips to challenge Nvidia and AMD
Intel announced a new lineup of computer chips on Thursday, including Gaudi3, a chip designed for generative AI software. Gaudi3 will compete with Nvidia and AMD’s chips that power large and complex AI models, such as OpenAI’s ChatGPT. Intel CEO Pat Gelsinger said at a launch event in New York that generative AI was the…