LONDON: Public Policy Holding Company, Inc. (AIM: PPHC), a leading government relations and public affairs group, has announced the acquisition of TrailRunner International LLC, a global communications advisory firm based in Texas. The $33 million transaction, finalized on January 24, 2025, is expected to be immediately accretive to PPHC’s earnings. The acquisition will enhance PPHC’s…
Esyasoft agrees to acquire Good Energy in £99.4 million deal
LONDON: Esyasoft and Good Energy have reached an agreement on the terms of a recommended cash offer by Esyasoft for the entire issued and to be issued ordinary share capital of Good Energy, the companies announced Monday. The transaction will be carried out through a Court-sanctioned scheme of arrangement under Part 26 of the Companies…
Matternet get approval for drone deliveries in Saudi Arabia
RIYADH: Matternet, the world’s leading developer of urban drone delivery systems, announced Monday its M2 drone has been approved for operations in Saudi Arabia. The Kingdom’s General Authority of Civil Aviation (GACA) granted the certification after determining the M2’s Federal Aviation Administration (FAA) Type Certification issued by the U.S. met GACA airworthiness standards. Matternet received…
Commonwealth Bank of Australia sells stake in Bank of Hangzhou
SYDNEY: The Commonwealth Bank of Australia (CBA) has announced it has signed a binding sale agreement to divest its remaining 5.45% shareholding in Bank of Hangzhou Co., Ltd (HZB) to New China Life Insurance Co., Ltd (NCI). NCI is a Beijing-headquartered life insurance company with listings on both the Shanghai and Hong Kong stock exchanges….
Pri0r1ty Intelligence Group enters strategic partnership with Funding Circle
LONDON: Pri0r1ty Intelligence Group PLC (AIM: PR1) announced an important partnership with Funding Circle, one of the UK’s leading providers of small business loans and finance. This collaboration will significantly enhance Pri0r1ty’s offering and expand its footprint within the small to medium-sized enterprise (SME) technology landscape by enabling Pri0r1ty’s customers to access alternative debt financing…
Sure Valley Ventures leads £1.5 million investment in Vizgard
LONDON: Sure Ventures is a London listed venture capital fund which invests in early-stage software companies in the rapidly growing technology areas of Artificial Intelligence (AI), Augmented Reality (‘AR’), Virtual Reality (‘VR’) and the Internet of Things (‘IoT’). “We are pleased to announce a new investment via its exposure to Sure Valley Ventures UK Software…
Fintech Asia publishes prospectus for reverse takeover of ICFG
LONDON: Fintech Asia (LON:FINA) has announced the publication of a prospectus for its proposed acquisition of ICFG Pte. Ltd. The acquisition follows a heads of terms agreement made on March 14, 2023. Upon completion, Fintech Asia will acquire all shares of ICFG and hold the entire issued share capital of the target company. The acquisition…
Tower CFO Johnston to serve as interim CEO as Turnbull resigns
WELLINGTON: Tower, a prominent New Zealand insurer, has announced that its current Chief Financial Officer, Paul Johnston, will assume the role of interim Chief Executive Officer starting February 13, 2025. The transition follows the resignation of Blair Turnbull, who will step down on February 12. Johnston, who joined Tower as CFO in January 2022, brings…
OpenAI, Oracle, and SoftBank, will invest $500 billion for artificial intelligence infrastructure in United States
Stargate, a joint venture led by OpenAI, Oracle, and SoftBank, will invest $500 billion for artificial intelligence infrastructure in United States. President Donald Trump announced the three companies plan to build 20 massive datacenters and create 100,000 jobs in the U.S. This follows a March 2024 report detailing a $100 billion data center project by…
Possible iPhone 17 Air rear panel components leaked
Tech leaker Majin Bu has released images purportedly showing rear panel components of the rumored iPhone 17 Air. The photos suggest a glimpse of the design for Apple’s anticipated new smartphone model. The images reveal a single camera housing, suggesting that they belong to the iPhone 17 Air, Apple’s rumored thin smartphone model that reportedly…
Prodigy Learning and Minecraft Education unveil AI skills course for students
DUBLIN: Prodigy Learning, an Irish-headquartered education technology company, in collaboration with Minecraft Education, announced the launch of a new artificial intelligence (AI) skills course designed for students. The course, titled “AI Ready Skills,” aims to engage young and diverse learners through game-based learning and rewards their progress with credentials. The curriculum consists of four units…
DigitalOcean launches advanced generative AI Platform at Deploy 25
AUSTIN: DigitalOcean (NYSE: DOCN), a leading provider of scalable cloud solutions for tech companies, launched its new GenAI Platform today at the Deploy 25 developer conference in Austin, Texas. The GenAI Platform enables customers to deploy AI agents using foundational models from third-party providers, eliminating the need for advanced expertise in AI or machine learning….