Southern Cross Media Group Limited (ASX: SXL) (SCA) has announced that its current CEO and Managing Director, Grant Blackley, will step down on June 30, 2023. The current Chief Operating Officer, John Kelly, has been appointed to succeed him, effective July 1, 2023. Mr. Blackley will spend the next two months providing a comprehensive transition…
Clean TeQ Water CEO Willem Vriesendorp has tendered his resignation
SYDNEY, AUSTRALIA: Clean TeQ Water Limited advised that Willem Vriesendorp has tendered his resignation as Chief Executive Officer (CEO) of the Company to pursue other opportunities. The Board has accepted his resignation effective immediately. Mr Vriesendorp will continue with the Company in an advisory role over the coming period to ensure a smooth transition. The…
Greenwing Resources CEO, Craig Lennon will step down
SYDNEY, AUSTRALIA: Greenwing Resources Ltd (ASX: GW1) announced that Craig Lennon will step down as the Chief Executive Officer (CEO) at close of business on 30 June 2023. The Greenwing Resources Board will now commence an executive search for CEO candidates with appropriate resource and project development experience. Greenwing Chairman, Rick Anthon said: “During his…
US Bitcoin mining costs soar to $17,000 per BTC due to rising electricity rates and operational costs
The cost of Bitcoin mining has surged to over $17,000 per coin in the United States, up from the $5,000-10,000 range a year ago, due to rising electricity rates across the country. This, combined with Bitcoin’s poor performance in 2022, has led to significant losses for miners. However, in Q1 of 2023, the hashprice rose…
Samsung’s Next-Generationg Galaxy Z Fold 5 and Galaxy Z Flip 5 to Offer Larger Cover Display and Teardrop Hinge Design”
Samsung, one of the leading manufacturers in the smartphone industry, is gearing up to launch its latest line of foldable devices, the Samsung Galaxy Z Fold 5 and Samsung Galaxy Z Flip 5. The market for foldable devices has become increasingly competitive in recent years, with companies such as Huawei, Motorola, and Xiaomi all releasing…
Tencent Cloud Launches Digital Human Production Platform for High-Definition Deepfakes
Tencent Cloud, a subsidiary of Chinese multinational conglomerate Tencent, has launched a new service called the “digital human production platform,” which is essentially a Deepfakes-as-a-Service (DFaaS) offering. The platform allows users to create high-definition digital humans using just three minutes of live-action video and 100 spoken sentences, along with a fee of $145. The digital…
Pakistani equity market holds ground on IMF program hopes, positive corporate results
Pakistan’s equity market remained steady in April 2023, thanks to the additional clarity provided on the potential resumption of the International Monetary Fund (IMF) program. According to recent reports, Pakistan shared a revised financing plan with the IMF, which includes assurances of USD 2.0 billion from Saudi Arabia and USD 1.0 billion from the UAE….
JetBlue to Launch New Daily Flights from New York JFK and Boston to Amsterdam
JetBlue announces additional Thanksgiving Flying to support holiday demand Amsterdam Schiphol Will Have Up To 40 Daily US Flights With JetBlue’s Arrival JetBlue has announced plans to expand its European network by offering daily flights from New York JFK to Amsterdam starting on August 29th and Boston to Amsterdam on September 20th. Amsterdam will be…
Ripple Reports Strong Q1 2023 Growth with Over 114,000 New Wallets Added
Ripple, the cryptocurrency firm, has reported tremendous growth in the first three months of 2023, according to Q1 2023 XRP Markets Report. The report highlights that Ripple has been experiencing rapid adoption during this time period, which is a remarkable achievement given that other cryptocurrencies were seeing a decline in new users and adoption. One…
Ryanair adds three Boeing 737 MAX 8200 aircraft to London Luton Airport
Ryanair will add three additional Boeing 737 MAX 8200 aircraft to its London Luton Airport (LTN) base during the summer of 2023 in order to deliver “sustainable growth” as part of Ryanair’s joint growth strategy with LTN airport. The announcement of three new 737 MAX 8200 planes means that the airport will have increased capacity,…
BP to acquire Shell’s 27% stake in Browse joint venture, expanding Australian gas resources
SYDNEY, AUSTRALIA: BP has agreed to acquire Shell’s 27% stake in the Browse joint venture, thus extending its holding in Australia’s largest untapped gas resource. This deal may improve the development prospects for the long-stalled project. The Browse project, which is estimated to cost $20.5 billion, has been stuck on the drawing board for years…
Polygon Labs and Google Cloud partner to boost Ethereum scaling protocol’s tools and infrastructure
Polygon Labs and Google Cloud have announced a multi-year partnership to enhance the development of Ethereum scaling protocol tools and infrastructure. The partnership aims to streamline the integration of developers to build and launch Web3 products and decentralized applications on Polygon. Polygon’s core protocols, including Polygon proof-of-stake (PoS), Polygon zkEVM, and Polygon Supernets, will benefit…