Irish technology firms have achieved a historic milestone, amassing a staggering €963 million in capital investments during the first half of this year, as revealed by a recent report. This impressive influx of funding, however, is primarily attributed to a quartet of companies that secured substantial deals, each exceeding €30 million during the June quarter….
Ripple expands its crypto empire with Fortress Trust acquisition
Cryptocurrency giant Ripple made headlines on Friday with the announcement of its acquisition of Fortress Trust, a crypto infrastructure startup based in Nevada. While the financial details of the deal were not disclosed, this strategic move provides Ripple with an entry into the Nevada market and diversifies its offerings beyond its primary focus on blockchain-enabled…
Useful Information You Should Know About Swing Trading
Swing trading can be an incredibly lucrative venture, but without the right knowledge and strategy in place, it can easily become a financial nightmare. At its core, swing trading is about betting on when price changes will occur in a stock—buying low and selling high success isn’t that straightforward. In this blog post, we’re going…
How Innovation Drives the Flourishing Cosmetic Surgery Industry
The cosmetic surgery industry has experienced remarkable growth over the years thanks to continuous advancements in medical technology and innovation. This blog explores how innovation plays a pivotal role in driving the flourishing cosmetic surgery industry, revolutionizing surgical techniques, equipment, and products. Historical Evolution of Cosmetic Surgery Cosmetic surgery has a rich history that dates…
Big Table Group in talks to buy The Restaurant Group’s leisure business
LONDON, UK: Big Table Group, the owner of Cafe Rouge, is in talks to buy the Chiquito’s and Frankie and Benny’s chains from The Restaurant Group (TRG), according to a Sky News report. The report said that TRG, which also owns Wagamama and Brunning & Price, would pay a multimillion pound dowry to Big Table…
Electriq Power Expands Energy Storage in Puerto Rico and Washington D.C.
Electriq Power (NYSE: ELIQ), a provider of intelligent energy storage solutions, has announced an expansion of its collaborations with Barrio Eléctrico and SEDC Solar to bring energy storage to households in Puerto Rico and Washington D.C., respectively. Both Barrio Eléctrico and SEDC Solar focus on installing solar and energy storage systems with zero upfront costs…
Asbury Automotive to buy Jim Koons Automotive for over $3 billion
Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, has agreed to buy Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S., in one of the most sizable deals in auto retail history. The deal, which is expected to close in the fourth quarter…
Autonomy to acquire EV Mobility LLC and expand its electric car-sharing business
Autonomy, the nation’s largest electric vehicle subscription company, has announced that it will acquire the technology, assets and customer accounts of EV Mobility, LLC., the leading all-electric vehicle car-sharing platform. The deal will allow Autonomy to offer flexible access to an EV to anyone with a valid driver’s license, credit card, and smartphone, and to…
Roblox Evolves into Thriving Virtual Community at RDC 2023
Roblox, originally a gaming platform and creation service, has transformed into a bustling virtual community. At the annual developer conference, RDC 2023, the company unveiled several exciting updates geared towards enhancing user content creation. In a recent blog post, Roblox disclosed that by the end of June 2023, a staggering 65.5 million users engaged with…
Russia ships first oil cargo to Brazil amid Western sanctions
Russia has found a new market for its crude oil in Brazil, after facing difficulties in selling its fossil fuels to Western countries due to sanctions and price caps. According to Oilprice, the first shipment of 650,000 barrels of Varandey crude oil, a light and sweet blend, left the Murmansk port on an Aframax tanker…
Kroger agrees to sell more than 400 stores to C&S as part of Albertsons merger
To secure regulatory approval for its planned $25-billion acquisition of Albertsons, Kroger announced on Friday that it would sell more than 400 of its grocery stores to C&S Wholesale Grocers. The deal would bring Kroger about $1.9 billion in cash. Kroger said it might also need to divest up to 237 additional stores in some…
AI drug discovery startup Noetik secures $14 million in seed funding
SAN FRANCISCO: Noetik, a pioneering AI drug discovery company headquartered in San Francisco, has achieved a significant milestone by raising $14 million in seed funding. The company is dedicated to advancing precision therapeutics within the field of immuno-oncology, a vital area of cancer treatment. Leading the funding round is DCVC, a well-established venture capital firm…