The ride-share company, Uber, has been a game-changer in transportation in recent years. However, this new and changing industry has its share of litigation. When an accident occurs on a ride-share trip, and your Uber driver is found at fault for negligence or reckless driving, you may be able to file suit against the driver…
ATOME signs finance mandate letter with IDB Invest
LONDON, UK: ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large scale projects in Europe and South America and mobility projects, announced the entry into a mandate letter with the multi-lateral IDB Invest. ATOME has today signed a mandate letter with the…
Oxbotica, autonomous vehicle software leader, raises $140 million in a Series C investment
LONDON, UK: IP Group plc announced that portfolio company Oxbotica Ltd, the global leader in autonomous vehicle software, has raised $140 million in a Series C investment round. Kiko Ventures, IP Group’s cleantech platform, supported the round which included financial and strategic partners from North America, EMEA and APAC, including new investors including Aioi Nissay…
RM plc appoints Mark Cook as CEO
LONDON, UK: RM plc, a leading supplier of technology and resources to the education sector, announced the appointment of Mark Cook as CEO, effective from 16 January 2023. Neil Martin the current CEO will remain an Executive Director of RM to ensure an orderly handover until the preliminary results have been released for the financial…
Cambridge Cognition acquires Toronto based Winterlight Labs for £7.0 million
LONDON, UK: Cambridge Cognition (AIM: COG), which develops and markets digital solutions to assess brain health, announced the acquisition of Winterlight Labs Inc, a leader in monitoring cognitive impairment through free-speech analysis. The total consideration for the acquisition is £7.0 million, comprising a cash payment of £3.0 million and £4.0 million in Cambridge Cognition shares….
Ambertech Limited will acquire distribution business of Convoy International
SYDNEY, AUSTRALIA: Ambertech Limited (ASX:AMO) has reached an agreement to acquire the distribution business of Convoy International. The acquisition represents another important step in executing Ambertech’s strategic growth plan. The consideration for the acquisition is anticipated to be, net cash, in the order of $2.8m-$3.0m, and includes inventory and accounts receivable dependant on valuation at…
ScS Group acquires brand, domain, intellectual property and stock of Snugsofa.com
LONDON, UK: ScS Group, one of the UK’s largest retailers of upholstered furniture and floorings, has acquired the brand, domain names, website, intellectual property and stock of Snugsofa.com (Snug) from the administrators of Snug Shack Limited for consideration of £875,000. Snug is an innovative digital-first sofa and sofa-bed business specialising in modular and re-configurable sofas….
What resolution do most CS: GO pros use – 2023 Guide
Counter-Strike: Global Offensive (CS: GO) is one of the most popular esports titles in the world. Professional players put in thousands of hours of practice and there’s no question that their gaming setup plays a major role in their performance. One of the most important components, which affects everything from aiming accuracy to screen clutter,…
What you need to know before setting up a dog kennel business
Since the start of the Covid-19 pandemic, dog ownership has skyrocketed. There are now over 13 million pet dogs living in the UK – an increase of at least 44% since 2019. With more dogs to care for, there’s a competitive market for services aimed at helping these pets and their owners. If you’re considering…
Housing prices take a downward trajectory
Mortgage rates are still double compared to a year ago, but housing prices are easing since June. A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still lower than it was a year ago and just slightly off its record low set in October and November….
UK’s cost of living crisis will cut Households’ income by over £2,000
LONDON, UK: According to a renowned thinktank, Resolution Foundation, UK households are only halfway through a two-year cost of living crisis, and average salaries are set to drop by more than £2,000 as a result. The cost of living crisis which, when combined with a tough recession, will leave households worse off than they were…
Benjamin Kristoffer Golding appointed CEO of Arendals Fossekompani
OSLO, NORWAY: Benjamin Kristoffer Golding has been appointed Chief Executive Officer of Arendals Fossekompani. “We are very pleased to welcome Golding to Arendals Fossekompani. With great insights into technology and a solid all-round industrial and financial background, Golding is well equipped to take Arendals Fossekompani to the next level,” says Trond Westlie, Chairman of the…