LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1693 Pounds to Euros GBP-USD 1.2649 Pounds to Dollars GBP-NZD 2.0417 Pounds to New Zealand Dollars GBP-AUD 1.8546 Pounds to Australian…
Majority raises $9.75mn to expand mobile banking services for migrants in the U.S.
Miami, FL: Majority, a Miami-based company specializing in mobile banking services for migrants in the United States, has successfully raised USD9.75 million in its recent funding round. The funding round was led by prominent venture capital firms Valar Ventures and Heartcore Capital. With this latest investment, Majority has now raised over $86 million in equity,…
Connext Labs raises $7.5M to boost blockchain interoperability
Connext Labs, a San Francisco-based startup that provides a blockchain interoperability protocol, has secured $7.5 million in strategic funding from a group of investors, valuing the company at $250 million. The funding round, which brings Connext’s total raised to $23.2 million, was led by Polychain Capital and included NGC Ventures, Polygon Ventures, IOSG Ventures, Fenbushi…
Vodafone and Three UK to create £15 billion mobile giant
Vodafone and Three UK have agreed to merge their UK operations, creating the country’s largest mobile phone network with a value of £15 billion. The deal, which is expected to close by the end of 2024, will see Vodafone own 51% of the combined business and Three’s parent company CK Hutchison own the remaining 49%….
Google Unveils AI-Powered Features to Enhance Ad Placement for Brands
Google, a subsidiary of Alphabet, announced on Wednesday the launch of two new artificial intelligence (AI)-powered features designed to assist advertisers in finding optimal ad placements across the company’s suite of services. With AI becoming increasingly prominent in the tech industry, Google aims to leverage its capabilities to enhance advertising strategies and improve revenue generation….
AMD Unveils MI300X GPU for AI, Expanding its Presence in the Data Center Market
AMD, a renowned semiconductor manufacturer, announced on Tuesday that its cutting-edge GPU for artificial intelligence (AI), the MI300X, is set to begin shipping to select customers later this year. Speaking to investors and analysts in San Francisco, AMD CEO Lisa Su emphasized that AI represents the company’s most significant long-term growth opportunity. Su highlighted the…
How Can a Plaintiff Prove the Defendant’s Role in a Wrongful Death Claim?
Unintentional injuries rank 4th in overall deaths in the US. A wrongful death can be devastating for the surviving family. Deaths can be especially gut-wrenching when they happen due to negligence. It is not fair for the victim or the victim’s family to suffer due to someone else’s negligence. The surviving family should take action…
Top Expert PR Ideas to Boost Your Next Tech Venture Expo Presentation
Introducing a groundbreaking tech venture at an expo requires more than just a well-designed booth or a polished presentation. To truly make a lasting impact and capture the attention of potential investors, partners, and customers, a strategic and compelling public relations (PR) approach is essential. In this guide, we will explore top expert PR ideas…
Elis expands presence in Italy with acquisition of Gruppo Indaco
PARIS, FRANCE: Elis, a leading international multi-service provider offering textile, hygiene, and facility services solutions, has announced the complete acquisition of Gruppo Indaco SRL in Italy. The acquisition, effective from June 1, 2023, signifies Elis’ commitment to expanding its operations and consolidating its presence in Italy. The estimated revenue for Gruppo Indaco in 2023 is…
Maurel & Prom in advanced talks for potential acquisition of Assala Energy Holdings
PARIS, FRANCE: Etablissements Maurel & Prom S.A. (M&P) has announced that it is currently engaged in advanced discussions with the shareholder of Assala Energy Holdings Ltd regarding the potential acquisition of all the shares of Assala. The discussions are underway, and if successful, M&P would acquire Assala in what is referred to as the “Proposed…
DX announces development of new regional hub in the East Midlands
LONDON, UK: Leading delivery solutions provider, DX, is thrilled to unveil its plans for the development of a significant new Regional Hub in the East Midlands. The proposed hub, including a new depot to cater to the local area, is estimated to cost approximately £12 million and will be financed using DX’s existing cash resources….
CEO of Magnis Energy Technologies, David Taylor, resigns
SYDNEY, AUSTRALIA: Magnis Energy Technologies announced today that its CEO, David Taylor, has tendered his resignation from the company. The notice period for his departure will commence immediately and conclude on December 1, 2023. The board of directors, representing the shareholders, expressed their gratitude for David Taylor’s significant contributions during a critical stage in the…