The founders of Arizona Nutritional Supplements, a leading manufacturer of specialty vitamins, minerals, and supplements, have re-acquired the business, marking a new era of innovation and growth. Aaron Blunck and Jonathan Pinkus, who started the company in 1996, have bought back the company from its previous owners. The company is a trusted partner in the…
Joe Hete returns as CEO of Air Transport Services Group
OHIO: Joe Hete, the former longtime Chief Executive Officer of Air Transport Services Group, Inc. (NASDAQ: ATSG), has been reappointed as the CEO of the company, effective immediately. Hete replaces Rich Corrado, who is leaving his role as CEO. Hete will also continue as the Chairman of the Board of Directors. Hete is a veteran…
Joel Fournier joins GreenFirst Forest Products as new CEO
TORONTO: GreenFirst Forest Products Inc. (TSX: GFP) has announced the appointment of Joel Fournier as its new Chief Executive Officer, effective immediately. Fournier replaces Paul Rivett, who remains as Executive Chair of the Board of Directors. Fournier has over 20 years of experience in lumber mill operations in Canada, with expertise in manufacturing, quality control,…
MediaTek unveils Dimensity 9300: A game-changing flagship mobile chip with all big core design
MediaTek has introduced the Dimensity 9300, its latest flagship mobile chip that boasts a one-of-a-kind All Big Core design. This innovative configuration promises to revolutionize mobile technology, offering a unique blend of extreme performance and industry-leading power efficiency. The result is an unparalleled user experience in gaming, video capture, and on-device generative AI processing. Revolutionary…
MiQ acquires Grasp to enhance media buying experience with AI
NEW YORK: MiQ, a global programmatic managed services partner, has announced the acquisition of Grasp, a French company that provides media governance and data quality solutions. Grasp’s SaaS suite prevents non-compliances and errors in media buying processes, saving advertisers millions in potential losses. Grasp has over 8,000 users worldwide, including leading brands and agencies. The…
Ant Group granted Chinese government approval to launch “Bailing” AI products to the public
Ant Group, the financial affiliate of e-commerce giant Alibaba Group, has officially received approval from the Chinese government to release products powered by its groundbreaking “Bailing” artificial intelligence (AI) large language model to the public. A spokesperson for the Chinese firm made this announcement on Monday, marking a significant milestone in the company’s endeavors to…
Tesla plans to produce a low-priced 25,000-euro car at its German plant
BERLIN: Tesla plans to build a 25,000-euro ($26,838) car at its factory near Berlin, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars, Reuters reported on Monday. Expanding into the mass market is critical to meeting Tesla’s aim of increasing vehicle deliveries to 20 million by…
Panoro Energy announces significant oil discovery offshore Gabon
OSLO, NORWAY: Panoro Energy ASA announced that the Hibiscus South well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5 percent working interest). Hibiscus South is located approximately five kilometres south-west of the BW Mabomo production platform from where the well was drilled to a total depth…
Power Metal sells Kavango shares for £556,000
LONDON, UK: Power Metal Resources PLC (AIM:POW), a metals exploration and development company, has sold its entire stake of 69.5 million shares in Kavango Resources plc (Kavango) for 0.8p per share, raising £556,000 in cash. Power Metal still holds 60 million warrants to buy new Kavango shares at a price of 4.25p or 5.5p, expiring…
GKN Aerospace and GE Aerospace sign new agreement to expand partnership
LONDON, UK: GKN Aerospace, a division of Melrose Industries PLC, has announced a new agreement with GE Aerospace, the global leader in aerospace engines, that will increase its participation in the GEnx programme and other GE engine platforms. The new agreement covers four areas: an expanded risk and revenue sharing partnership (RRSP) on the GEnx…
SDI Group acquires Peak Sensors Holdings for £2.4 million
LONDON, UK: SDI Group plc announced the acquisition of Peak Sensors Holdings Limited, a UK manufacturer of temperature sensors. Total consideration is forecast to be approximately £2.4 million. Peak Sensors is a leading UK manufacturer of temperature sensors, specialising in standard and bespoke thermocouples and resistance thermometers which are used in various industries, including glass,…
Pineapple Power Corporation to acquire Ilios Hydrogen Canada Limited
LONDON, UK: Pineapple Power Corporation has entered into a non-binding heads of terms to acquire 100% shares in Ilios Hydrogen Canada Limited, based in Vancouver, B.C., subject to legal, financial and other due diligence and entry into a legally binding sale and purchase agreement. Illios Hydrogen is a privately held, Canadian based, international developer of…