Vinci Games, a San Francisco-based virtual reality (VR) game studio, has announced the successful closing of its seed funding round, raising $5.1 million. Makers Fund led the round, with participation from Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch co-founder Kevin Lin. The funding will be utilized for the development of Vinci…
Goldman Sachs explores sale of Greensky as it scales down retail ambitions
Goldman Sachs Group Inc has announced that it is considering the sale of Greensky, its fintech business that facilitates home improvement loans to consumers. The announcement comes as part of Goldman’s efforts to scale down its retail ambitions and shift its focus to other strategic priorities. Goldman had acquired Greensky in September 2021 in a…
New rules deprive BMW, Hyundai, Nissan, Rivian, Volkswagen and Volvo cars of tax credit
The U.S. government has implemented electric vehicle tax rules slashing tax credits on some zero-emission models with effect from April 18, 2023. The new list published by the Treasury Department includes 16 U.S. manufactured models from Ford, General Motors, Tesla and Stellantis. Ten of the models on the new list will qualify for the full…
How to Keep Your Home Clean During a Renovation or Construction Project
If you are planning a renovation or construction project in your home, it can be hard to keep the mess and disruption out of the way. But don’t worry – with a few simple tips and strategies, you can easily manage to maintain a tidy house. Whether you are dealing with contractors, plumbers, electricians, or…
What to Look for in a Payday Loan Lender: Tips for Choosing Wisely
Finding a reputable lender for payday loans can be an intimidating task. It often feels like you have to sacrifice your interests in the pursuit of finding fast cash, and that is why it is important to take certain precautions when selecting one. To make sure you choose a company that will not leave you…
EasyJet expects strong profit despite French strikes and uncertain macroeconomic outlook
British airline easyJet announced on Tuesday that it expects its full-year profit to exceed market forecasts, encouraged by strong summer bookings and high demand over the Easter holiday period, despite the ongoing strikes by French air traffic controllers. Despite a challenging macroeconomic environment and high inflation rates, airlines in Europe have reported robust summer bookings,…
Apple opens first store in India, plans to boost sales and manufacturing of iPhones
Apple has opened its first store in India, Apple BKC, located in Mumbai, with plans to open another store in Delhi. The move highlights the importance of the Indian market to the company’s future growth, with CEO Tim Cook stating that the company has been present in India for over 25 years. Apple is looking…
Zenova’s sub-distributor ZenSafe Ltd places a first order for Amazon in the UK
LONDON, UK: Zenova Group PLC, a provider of fire safety and heat management technology solutions, has received its first order for the FX500 aerosol fire extinguisher via Zensafe Ltd, one of its sub-distributors in the UK. The order of 10,000 units, with an Amazon retail value of £30 per unit and totaling £300,000, will be…
FireAngel and Techem sign agreements for the delivery of new generation smoke alarm
LONDON, UK: FireAngel and Techem have signed two agreements for the production and delivery of the New Generation Smoke Alarm (NGSA), which is expected to be a highly cash generative initiative for the company. The Delivery Contract will manufacture the NGSA, while the Production Framework and Supply Agreement will see the Manufacturing Partner assemble the…
Oakley Capital partners with Thomas’s London Day Schools
LONDON, UK: Oakley Capital has entered into a strategic partnership with Thomas’s London Day Schools, providing growth capital to fund capex and development projects across the Thomas’s schools. Thomas’s is a family-run group of co-educational independent schools and has grown into a group of five prestigious and interconnected independent day schools teaching over 2,000 children….
GSK to acquire Canada-based BELLUS Health for $2 billion
LONDON, UK: GSK plc and BELLUS Health Inc. have entered into a deal in which GSK will acquire BELLUS, a late-stage biopharmaceutical company for an approximate equity value of $2.0 billion. BELLUS Health is a Canada-based company that focuses on developing drugs to improve the lives of patients suffering from refractory chronic cough (RCC). With…
DroneShield awarded $2.2 million for Portable Counter-UAS
SYDNEY, AUSTRALIA: DroneShield Ltd (ASX:DRO) has received two orders totalling approximately $2.2 million for a number of its handheld systems, including the recently launched DroneGun Mk4 portable drone countermeasure product. The orders were received from U.S. DoD and another U.S. Federal Government agency.Payments for both orders are expected in 3Q23, following delivery. The full order…