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…
Redflow’s energy storage solutions approved by California Public Utilities Commission
SYDNEY, AUSTRALIA: Redflow Limited (ASX: RFX) announced today thatits safe, scalable, and sustainable energy storage solutions have been approved by the California Public Utilities Commission (CPUC) as eligible for the state’s Self-Generation Incentive Program (SGIP). SGIP provides rebates to support existing, new, and emerging energy storage resources in California that, when installed, are able to…
Plenti Group’s loan portfolio increased 36% to $1.77 billion at 31 March 2023
SYDNEY, AUSTRALIA: Plenti Group’s loan portfolio, which is a key driver of revenue, increased to $1.77 billion at 31 March 2023, up 36% from 31 March 2022 ($1.30 billion) and up 6% from 31 December 2022 ($1.67 billion). Daniel Foggo, Plenti’s Chief Executive Officer, said: “Our continued investment in our technology-led customer experience and efficiency…
EML Payments announces third leadership shakeup in under a year
BRISBANE, AUSTRALIA: Australian payments company EML Payments has announced the resignation of its CEO, Emma Shand, and the appointment of Kevin Murphy as interim CEO with immediate effect. The announcement marks the third leadership change at EML in under a year, following the ousting of the former chairman Peter Martin in November 2020 and the…
ZeroFox to acquire LookingGlass Cyber Solutions for $26 million
Enterprise software-as-a-service leader, ZeroFox, has announced a definitive agreement to acquire LookingGlass Cyber Solutions, Inc. for approximately $26 million. As cyber threats become increasingly sophisticated, the acquisition of LookingGlass will enable ZeroFox to integrate industry-leading attack surface and threat intelligence capabilities into its external cybersecurity platform, providing world-class visibility into external attack surface assets and…
Samsung may switch default search engine to Bing, causing panic at Google
Search Engines, AI, Samsung, Google, Bing, Microsoft, Market Share,
Xiaomi set to unveil 13 Ultra with powerful camera array next week
The smartphone market is one of the most competitive industries out there, and the race to be crowned the best Android phone this year is a tight contest. While classic favorites such as the Samsung Galaxy S23 Ultra and new rivals like the Google Pixel 7 Pro are fighting for the title, the impending release…
Apple launches high-yield savings account for Apple Card users
Apple has recently launched its new Apple Card savings account, which offers a competitive annual percentage yield (APY) of 4.15%, with no minimum deposit or balance required. The new savings account can be set up easily through the Wallet app on iPhones. According to a press release by Apple, all Daily Cash rewards earned through…
Intel and Arm sign agreement to enable low-power compute SoC designs
Intel Foundry Services (IFS) and Arm have joined forces to offer chip designers the ability to build low-power compute system-on-chips (SoCs) using Intel’s 18A process. The collaboration will focus on mobile SoC designs initially, but will also extend to automotive, IoT, data center, aerospace, and government applications. With this partnership, Arm customers can leverage Intel’s…
Noventiq opens offices in Singapore and Indonesia
LONDON, UK: Noventiq, the global digital transformation and cybersecurity solutions and services provider, today announced the opening of its new offices in Singapore and Indonesia, as part of the company’s ongoing expansion plans in the Asia-Pacific (APAC) region. The new offices will start providing local businesses with access to Noventiq’s innovative solutions and services, empowering…