LONDON, UK: Bodycote plc announced the appointment of Jim Fairbairn as Group Chief Executive to succeed Stephen Harris on his retirement. Jim is expected to join the Company and the Board in March 2024 and become Group Chief Executive in…
Using Nvidia chips and software, Taiwan’s Foxconn, the world’s largest contract manufacturer, will build artificial intelligence data factories for products such as self-driving cars, the companies announced on Wednesday. At Foxconn’s annual Tech Day in Taipei, Foxconn Chairman Liu Young-way…
Thermo Fisher Scientific announced on Tuesday that it would buy Olink Holding AB, a Swedish company that specializes in protein analysis for disease research and drug development. The deal is worth $3.1 billion and will boost Thermo Fisher’s life sciences…
Fingerprint, a Chicago-based startup that provides a device intelligence API, has raised $33 million in a Series C funding round led by Nexus Venture Partners and Uncorrelated Ventures. The company helps developers build security solutions using information from hardware accessing…
ScyllaDB, a company that develops an open-source NoSQL database, has announced that it has raised $43 million in a Series C3 round of funding, bringing its total funding to $100 million. The funding round was led by Eight Roads Ventures…
MARYLAND: Choice Hotels, one of the largest owners of budget hotels, has announced a $7.8 billion offer for its rival Wyndham Hotels & Resorts, after Wyndham stopped engaging in private talks about a potential merger. Choice Hotels said it first…
PARIS, FRANCE: Seagreen, a joint venture between TotalEnergies and SSE Renewables, has become the world’s deepest and TotalEnergies’ biggest offshore wind farm. The project, located in the North Sea near Scotland, can power almost 1.6 million homes with clean energy…
LONDON, UK: Ørsted has signed an exclusivity agreement with Cathay Life Insurance today, selecting the Taiwanese leading insurance company and its affiliate as preferred bidder for the acquisition of a 50 % ownership stake in total of Ørsted’s 583 MW…
Ernie 4.0, the latest generative AI model from Chinese tech giant Baidu, was revealed on Tuesday at a Beijing event. The model, which claims to have comparable capabilities to OpenAI’s groundbreaking GPT-4 model, demonstrated its memory skills by writing a…
SYDNEY, AUSTRALIA: The Star Entertainment Group announced the appointment of Jessica Mellor as Gold Coast CEO. The promotion of Jessica Mellor from Chief Operating Officer at The Star Gold Coast is part of an organizational restructure that will see the…
SYDNEY, AUSTRALIA: EQT Holdings Limited (ASX: EQT) had reached an agreement to sell its investment in its Irish business for a nominal sum. The business will be sold inclusive of cash held for regulatory capital purposes of €600,000 to €700,000….
LONDON, UK: Amigo Holdings PLC, a UK-based mid-cost credit provider that is winding down its lending business, has announced that it has signed an exclusivity agreement with Craven House Capital plc and others to explore a deal that could see…