PARIS: Atos and DreamQuark announced the launch of the Sustainable Investment Brain, the first digital platform for banks and insurers that is both dedicated to socially responsible investment (SRI) and compliant with the principles of transparent artificial intelligence as set out in the proposed European regulation published today. Supported by a growing interest in ESG…
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Atos completes acquisition of cybersecurity services company Motiv
PARIS: Atos has completed the acquisition of Motiv ICT Security, the largest independent Managed Security Services (MSS) provider in the Netherlands, a news release said. This move reinforces Atos’s position as the 3rd worldwide Managed Security Services provider1 by strengthening the Group’s local capabilities and bringing its recent investment in the Managed Detection and Response…
Atos International completes the acquisition of Profit4SF
UTRECHT: Atos International has completed the acquisition of Profit4SF, a Dutch-based technology and management consulting company specializing in Salesforce enterprise implementations for its customers across the Netherlands, a news release said. With this transaction, Atos re-affirms its ambitions to grow its expertise on Salesforce technologies across the globe, following the acquisitions of Eagle Creek and…
Ratos establishes new financial targets to develop a long-term business group
STOCKHOLM: The Board of Ratos AB has decided on new financial targets based on the previously announced decision to steer the direction of operations towards becoming a business group with a long-term perspective. Ratos currently has an “eternal” ownership horizon and invests to build value over the long term. “After reviewing the investment strategy implemented…
Atos to acquire In Fidem to reinforce its cybersecurity position in North America
PARIS: Atos International has signed an agreement to acquire In Fidem, a Canada-based specialized cybersecurity consulting firm, a news release said. The closing of the transaction is expected to take place in Q1 2021. This acquisition will reinforce Atos’ position as the #3 worldwide cybersecurity services leader and in particular enhance its North America cybersecurity…
America’s Digital Dollar Gambit: How Stablecoins Became a Geopolitical Tool
A new report reveals the strategic use of private stablecoins to defend US economic hegemony, while experts warn of hidden risks mirroring the 2008 financial crisis. In the shadow of Bitcoin’s rise as “digital gold,” a quieter but more profound financial revolution is underway. Stablecoins—digital tokens pegged to traditional currencies like the US dollar—now account…
Powder Monkey expands Australasian portfolio with acquisition of Akasha and Wayward Brewing
Akasha and Wayward Brewing, Powder Monkey , Expands Australasian Portfolio , Acquisition , LONDON: Powder Monkey Group LLC (JP Jenkins PMGL:JPJ) has reached a preliminary agreement to acquire the Australian businesses of Akasha and Wayward Brewing, including selected assets and retail operations, the company announced. The deal will integrate the two renowned craft beer brands…
Rhythm Biosciences appoints Dr. David Atkins as Chief Executive Officer
SYDNEY: Rhythm Biosciences Ltd (ASX: RHY) announced the appointment of Dr. David Atkins as Chief Executive Officer (CEO) effective from Monday, 13 May 2024. Dr. Atkins was selected following a comprehensive and competitive search, which considered both experienced and highly credentialed local and international candidates. The process was led by the Board with assistance from…
Cryptocurrencies: Strong setback ahead of Bitcoin Halving on April 20, 2024
The cryptocurrency world is abuzz with anticipation as we approach a pivotal moment in the life cycle of Bitcoin—the halving event. This Saturday, the Bitcoin community will witness a phenomenon that could potentially reshape the market dynamics of the world’s first decentralized digital currency. The Bitcoin Halving Event: A Primer At its core, the Bitcoin…
AMD launches adaptive SOCs Versal AI Edge Series Gen 2 and Versal Prime Series Gen 2
NUREMBERG, GERMANY: AMD (NASDAQ: AMD) announced the expansion of the AMD Versal adaptive system on chip (SoC) portfolio with the new Versal AI Edge Series Gen 2 and Versal Prime Series Gen 2 adaptive SoCs, which bring preprocessing, AI inference, and postprocessing together in a single device for end-to-end acceleration of AI-driven embedded systems. These…
Agronomics’ Onego Bio raises €27 million in Series A financing led by NordicNinja VC
LONDON: Agronomics (LSE: ANIC) portfolio company Onego Bio Ltd has successfully raised €27 million in its Series A financing, led by NordicNinja VC, a Japanese-Nordic VC backing companies in climate and deep tech. In addition, Onego Bio secured a further €9.5 million in non-dilutive funding from Business Finland, a government organisation offering grant funding for…
Substrate AI to raise €10 million for subsidiary Subgen AI at €200 million valuation
LONDON, UK: Substrate AI (SAI/SAI.B) has entered into an agreement with the FINRA-regulated Californian investment bank, GT Securities, to identify potential investors or partners for its subsidiary, the generative artificial intelligence company Subgen AI Ltd and raise at least €10 million. The agreement valued Subgen AI at €200 million and the investment round will be…