Samsung has once again secured the second position in the global tablet market. According to IDC’s latest report, the South Korean tech giant shipped 7.1 million tablets in the first quarter of 2023, which is a 14.3% drop compared to the same period last year. Although Samsung has seen a decline in tablet shipments, it…
Qualcomm acquires Israeli chipmaker Autotalks to boost road safety
Qualcomm Inc, the U.S. chip giant, announced on Monday that it would acquire Autotalks Ltd, an Israeli company that specializes in vehicle-to-everything (V2X) communications technology. V2X technology enables vehicles to communicate with each other and with the surrounding infrastructure, such as traffic lights and signs, to prevent collisions and improve traffic efficiency. V2X is seen…
Getting Started with Python: Best Resources for Learning and Benefits of the Language
There are many books, websites, and tutorials that can help you learn Python, which is a powerful, versatile, and easy-to-learn programming language that has many applications in web development, data science, machine learning, and more.
Alibaba’s logistics arm eyes up to $2 billion Hong Kong IPO in 2024
Alibaba’s logistics arm Cainiao Network Technology is aiming to raise up to $2 billion via a listing in Hong Kong likely early next year bolstering hopes for a capital markets revival in the Asian financial hub. According to Reuters, Cainiao’s initial public offering (IPO) plan comes after Alibaba announced in late March that it would…
Crypto broker Voyager Digital to liquidate assets and wind down business
Voyager Digital, a crypto broker that filed for bankruptcy last year, has announced that it will liquidate its assets and wind down its business. The decision comes after failed attempts to sell the company to FTX US and Binance US due to regulatory hurdles and other issues. The company’s customers will be able to recover…
Binance halts Bitcoin withdrawals twice in a day due to network congestion
Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended Bitcoin withdrawals for the second time in a day, citing a surge in the Bitcoin network gas fee. The exchange announced on Twitter that it has paused “large volumes of pending transactions” and that its team is working to resume Bitcoin withdrawals as soon…
Antisense Therapeutics Limited appoints Dr James Garner as CEO and MD
SYDNEY, AUSTRALIA: The Board of Directors of Antisense Therapeutics Limited announced the appointment of Dr James Garner MBBS MBA as Chief Executive Officer (CEO) and Managing Director (MD). Dr Jamed Garner will assume the roles as of 07 August 2023. In the interim James will join the Board as a non-executive director, effective immediately. This…
SHUAA Capital appoints Wafik Ben Mansour as Head of Investment Banking
UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has appointed Wafik Ben Mansour, a seasoned investment banking professional, as Head of Investment Banking, succeeding Fawad Tariq Khan who took over as Group CEO last year. Previously serving as Managing Director at Credit Suisse, Wafik…
ReadCloud appoints Andrew Skelton as the new Chief Executive Officer
SYDNEY, AUSTRALIA: ReadCloud (ASX: RCL) announced the appointment of Andrew Skelton as the new Chief Executive Officer with effect from 15 May 2023. Andrew will take over from founder Lars Lindstrom who stood down from the role in December 2022. Andrew Skelton will be involved in transitioning to the role with selected pre-15 May 2023…
ALS Limited appoints Malcolm Deane as CEO and Managing Director
SYDNEY, AUSTRALIA: ALS Limited has today announced that following a comprehensive global search and selection process, the Board has appointed Malcolm Deane as the Managing Director and CEO, effective immediately. ALS Chairman, Bruce Phillips, said, “The Board’s approach of continuous CEO succession planning over the last few years, involving the consideration of both internal and…
Pursuit Minerals Ltd acquires Lithium Carbonate Plant in Argentina
SYDNEY, AUSTRALIA: Pursuit Minerals Ltd announced the acquisition of a Lithium Carbonate Pilot Plant located in the city of Salta, Argentina. In relation to the Pilot Plant acquisition, Pursuit COO, Aaron Revelle, said: “With the acquisition of the Pilot Plant, Pursuit Minerals confirms its position as the newest pre-eminent Lithium development company in Argentina. The…
Indus Motors Reports 142% QoQ Profit Growth in 3QFY23, Announces Hybrid Vehicle Launch by Next Year
Karachi (May 7, 2023): Indus Motor Company Limited (IMC), the joint venture between House of Habib of Pakistan, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan1, announced its financial results for the third quarter ended March 31, 2023, whereby the company posted a profit after tax (PAT) of PKR 3,216 million (EPS: PKR 40.92),…