Snap, the parent company of Snapchat, announced on Tuesday the launch of its Collab Studio, a new way for brands to partner with Snap Stars to create sponsored content. The platform’s top influencers, including social-media personalities like David Dobrik and Hannah Stocking, can be reached out to directly by brands through the studio. With over…
Dyson to Invest £100 Million in New Technology Site in Bristol and £166 Million in R&D Campus in the Philippines
Dyson has announced its plans to invest £100 million in a new technology facility in Bristol as part of its expansion of robotics centres throughout the UK. The vacuum and battery manufacturer will employ hundreds of software and artificial intelligence engineers at the new site to create innovative products and apps. Dyson’s commercial and ecommerce…
Darden Restaurants acquires Ruth’s Chris Steak House for $715 million in all-cash deal
On Wednesday, Darden Restaurants announced that it will acquire Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million in an all-cash transaction, valuing Ruth’s at $21.50 per share. Ruth’s Chris Steak House has over 150 locations worldwide and generated $505.9 million in revenue in 2022. The deal is expected to…
Setting up your Work-from-home Office space
A significant shift in the workplace since COVID has created the opportunity to work from home. Working from home has caused a drastic change in the way people perceive their work lives. Digital office management tools, video conferencing and remote working environments have been new for most workers. While some people have faced challenges around…
The Future of Work: How Technology is Changing the Way We Work and What it Means for the Labor Market
The way we work is changing rapidly, and technology is playing a major role in this transformation. In recent years, we have seen a shift towards automation, artificial intelligence, and remote work, which has transformed the traditional labor market. As we continue to embrace these changes, it is essential to understand how they will shape…
Samsung Galaxy S23 FE rumored to feature a 50MP camera
Samsung’s upcoming Galaxy S23 FE may feature a powerful 50MP imaging sensor, according to sources familiar with the matter. While the company is heavily focused on the release of its next-gen foldable devices, the Galaxy Z Flip 5 and Z Fold 5, rumors suggest that the S23 FE will hit the market just a few…
Tesla Resumes Taking Orders for Model 3 Long-Range Version in the US
Tesla Inc (TSLA.O) has reopened orders for its long-range version of the Model 3 sedan in the United States, after temporarily halting orders in 2022 due to delivery backlogs. The move comes as the electric vehicle maker tries to boost sales of its entry-level sedan and regain market share in the highly competitive EV market….
Lloyds Banking Group Posts Strong Q1 Results, Beats Expectations
Lloyds Banking Group PLC reported a 46% rise in Q1 profit, beating analysts’ expectations due to higher net income in a rising interest rate environment. The bank’s net income rose 15% YoY to £4.7bn while pre-tax profit improved to £2.26bn from £1.54bn. Underlying net interest income rose 20% to £3.54bn, driven by a stronger banking…
AMD Reports Better-Than-Expected Q1 Revenue and Earnings, Expects Growth in H2
AMD reported better-than-expected revenue and earnings for the first quarter of the year. However, the company’s stock declined by 6% in after-hours trading on Tuesday due to the chipmaker’s guidance for the current period, which fell short of analysts’ estimates. For the quarter ended in December, AMD’s adjusted EPS was 60 cents per share, surpassing…
HUB24 Limited to acquire myprosperity for $40 million
SYDNEY, AUSTRALIA: HUB24 Limited (ASX: HUB) has entered into an agreement to acquire 100% of the ordinary shares of myprosperity Pty ltd for a total consideration of $40 million in HUB24 Limited ordinary shares. The acquisition is expected to deliver long term shareholder value by accelerating HUB24’s platform of the future strategy, supporting our current…
Mirriad Advertising collaborates with Microsoft to introduce new API
LONDON, UK: Mirriad Advertising, the leading in-content advertising company, has worked with Microsoft to build a new API, establishing a roadmap for adopting Microsoft Azure and its AI capabilities for various use-cases. The Company’s new Application Programming Interface (API) is a first release within the collaboration with Microsoft. The resulting interoperability with Mirriad’s Fusion technology,…
JM has sold Diagnostic Services business to Sullivan Street Partners for £55 million
LONDON, UK: Johnson Matthey (JM) today announced the sale of Diagnostic Services, a business providing specialised detection, diagnostic, and measurement solutions. Diagnostic Services is a part of JM’s Value Businesses and has been identified as non-core to JM’s growth strategy. Diagnostic Services will be sold to Sullivan Street Partners, a UK based Europeanmid-market private equity…