LONDON, UK: Tullow Oil plc has announced that its subsidiary, Tullow Oil Gabon S.A., has signed an asset swap agreement with Perenco Oil and Gas Gabon S.A. The deal is intended to optimise Tullow’s equity ownership across key fields in Gabon and simplify and equalise its ownership in these areas. The cashless asset swap will…
Deutsche Bank to acquire Numis Corporation for a total of £410 million
LONDON, UK: Deutsche Bank has offered to acquire Numis Corporation for a total of £410 million, in a strategic move to accelerate its Global Hausbank strategy and deepen its engagement with the corporate client segment in the UK. The transaction is expected to establish Deutsche Bank as a leading force in UK investment banking, with…
Xiaomi to launch Redmi Note 12R Pro with Snapdragon 4 Gen 1 Chipset and OLED Display
Xiaomi, the popular Chinese electronics company, is set to launch a new mid-range smartphone, the Redmi Note 12R Pro, which will be fully revealed on April 29th. This announcement comes shortly after the release of the Redmi Note 12 series in Europe, and fans of the brand are eagerly anticipating the latest addition to their…
Nokia XR21: HMD Global’s latest rugged smartphone with 5G modem and 120Hz display
HMD Global is gearing up for the launch of a new rugged smartphone, which will be the successor to Nokia XR20. The company has not officially commented on the upcoming release, but reliable leaker Roland Quandt has shared several images and specifications of the device. Initially, it was believed that the phone would be called…
Vivo launches flagship smartphones Vivo X90 and X90 Pro in India
Vivo has launched its latest flagship smartphones, the Vivo X90 and Vivo X90 Pro, in India. These devices feature a MediaTek Dimensity 9200 SoC, a 120Hz AMOLED display, and the ability to charge rapidly with 120W fast charging. Those interested in buying these smartphones can now pre-order them in India, and they will be available…
Venom Foundation launches Virtual Hackathon to encourage innovation on its blockchain platform
Venom Foundation, in collaboration with DoraHacks, Developer DAO, and Hacken, is set to host its first virtual hackathon. The event is aimed at providing developers with the necessary tools and resources to build on the Venom blockchain. Registrations will start on the 27th of April, while the hackathon will kick off on the 8th of…
Lyft to lay off 1,072 employees and halt hiring for 250 positions
Lyft, the ride-hailing app, has announced that it will lay off 1,072 employees, which accounts for approximately 26% of its corporate workforce, and will not be hiring an additional 250 positions, according to an SEC filing released on Thursday. This news comes a week after a memo from new Lyft CEO David Risher confirmed that…
Dropbox to cut 500 jobs, refocus on AI products
In an announcement on Thursday, cloud storage company Dropbox said it plans to reduce its workforce by 16%, cutting 500 jobs. CEO Drew Houston acknowledged that the company is facing economic headwinds that are impacting its customers and slowing growth, in addition to a maturation of its business. Dropbox aims to refocus on AI-powered products,…
Action Manufacturing to purchase Transcold New Zealand for $5.4 million
SYDNEY, AUSTRALIA: Action Manufacturing has announced that it will acquire Transcold New Zealand for a sum of $5.4 million, according to the advice of thl, a global tourism operator listed on the NZX and ASX. The deal is expected to be completed by the end of May 2023, subject to landlord and contract counterparty consents….
Telix Pharmaceuticals to boost AI capabilities with acquisition of Dedicaid GmbH
MELBOURNE, AUSTRALIA: Melbourne-based Telix Pharmaceuticals Limited (ASX: TLX) has signed an agreement to acquire Dedicaid GmbH, a Vienna-based clinical decision support software (CDSS) AI platform provider. The acquisition will expand Telix’s artificial intelligence (AI) capabilities, adding predictive capabilities alongside the imaging analysis module being developed in partnership with Invicro LLC. Dedicaid’s AI platform, powered by…
Apple Watch to sync across multiple devices in future update, leaks suggest
Reported leaks suggest that the Apple Watch will soon have the ability to sync across multiple Apple devices, including iPhones, iPads, and Macs. Currently, the smartwatch relies on a companion iPhone for setup, app management, and backup, which can be done either locally on a Mac or PC or through iCloud. The specifics of this…
Best Ways and Techniques to Grow on Twitter
The digital landscape has changed with the surfacing of different social media platforms, including Twitter. With billions of active users around the globe, Twitter is one of the major footholds of business owners that can be truly beneficial to reach more sales and leads. This social media platform is so powerful that it can connect…