ElectraMeccanica, a Canadian electric vehicle company, is still pursuing its merger strategy with other electric businesses, despite the failed deal with Tevva Motors in September 2023. The company’s CEO and Board Member, Susan Docherty, addressed the shareholders in a letter on Wednesday, December 6, 2023, and updated them on the progress of the merger talks….
Careteq Limited signs deal to acquire HMR Referrals platform
SYDNEY, AUSTRALIA: Careteq Limited (ASX: CTQ) has entered into a binding agreement to acquire the business and assets of New Medical Enterprises Pty Ltd trading as HMR Referrals for total consideration of $250k cash and $250k in ordinary shares at 2.5c per share. Established in 2016, HMR Referrals is a marketplace platform that securely simplifies…
Semiconductor developer BluGlass to acquire GaNWorks Foundry
SYDNEY, AUSTRALIA: Global semiconductor developer BluGlass Limited (ASX: BLG) has reached an agreement to acquire its commercial contract manufacturing partner, GaNWorks Foundry Inc. for US$800,000. Under the agreement, BluGlass will acquire core gallium nitride (GaN) wafer processing equipment and processes from GaNWorks Foundry, completing vertical integration of its Silicon Valley laser fabrication facility (the Fab)….
Apple to launch new iPad and Mac models with OLED displays, M3 chips in March 2024
Apple is reportedly preparing to launch a slew of new products in the first quarter of 2024, including new iPad and Mac models with OLED displays and M3 chips. According to a report by Bloomberg, the company is planning to unveil new iPad Pro, iPad Air, and MacBook Air models around the end of March,…
How Can Outsourcing Content Moderation Help Businesses?
In today’s fast-paced digital landscape, where user-generated content is prevalent, businesses must maintain a secure and welcoming online environment. Content moderation plays a critical role in achieving this goal. However, online interactions’ ever-increasing volume and complexity have become challenging for many companies. This is where moderation outsourcing becomes a valuable solution for businesses looking to…
Microsoft to charge Windows 10 users for security updates after 2025
Microsoft has announced that it will offer Extended Security Updates (ESU) for Windows 10 users who want to keep using the operating system beyond its end-of-life date of October 14, 2025. The ESU program, which was previously only available for enterprise customers, will be accessible to individual users through an annual subscription service. However, the…
Enterprise Customers
Enterprise customers are large businesses with complex structures and needs. They usually have more than 250 employees and $50 million-plus in annual revenue. They are different from individual customers or small and midsize businesses in terms of their purchasing behavior, decision-making process, and requirements. Some of the challenges and opportunities for selling to enterprise customers…
Caterpillar invests in metal recycling startup Nth Cycle
Caterpillar, a global leader in construction and mining equipment, has joined a group of investors to back Nth Cycle, a Massachusetts-based startup that has developed a novel metal refining technology. The startup raised $44 million in Series B and non-dilutive financing to scale up its operations and expand its market reach. Nth Cycle’s technology, called…
Skanska exits LaGuardia Airport project with $115m sale to LaGuardia Gateway Partners
Skanska, the Swedish construction giant, has sold its 32% stake in LaGuardia Airport Terminal B in New York for US$115 million. The company was part of a public-private partnership that designed and built the new terminal building, which opened in 2022 and received LEED v4 Gold certification for its environmental performance. The buyer is LaGuardia…
KFC to buy 218 UK and Ireland restaurants from EG Group
KFC has announced that it will acquire 218 restaurants from its largest franchisee in the UK and Ireland, EG Group, as part of its expansion plans. The deal, which is expected to close in the first half of 2024, will see KFC take over all 7,800 staff across the sites, most of which are drive-throughs….
Google launches Gemini, its largest and most capable AI model, to power its products and cloud services
Google announced on Wednesday the launch of Gemini, its largest and most capable artificial intelligence model, which it claims can outperform human experts on a wide range of tasks. Gemini is a large language model that can understand, operate across and combine different types of information, including text, code, audio, image and video. Gemini will…
Multiconsult’s Iterio AB acquires Helm Connect AB and Helm Project Management
AMSTERDAM: Multiconsult (Oslo: MULTI) has strengthened its position in the Swedish market with the acquisition of Helm Connect AB and Helm Project Management by its Swedish subsidiary, Iterio AB. This strategic move enhances Iterio’s capabilities, allowing the company to pursue ambitious goals and gain additional market share in Sweden. Helm is a consultancy company that…