LONDON, UK: Blue Star Capital plc (AIM: BLU), a prominent investment firm specializing in esports, technology, and related media and gaming sectors, has disclosed its annual financial results for the year concluding on September 30, 2023. The company reported a substantial pretax loss of £6,329,473, a stark increase from the previous year’s £1,301,008. The considerable…
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Dynasty Gaming & Media to acquire Googly Media Holdings for $7.6 million
LONDON, UK: Blue Star Capital plc, an investment firm specializing in esports, payments, and technology, has announced that its investee, Dynasty Gaming & Media Pte Ltd, has agreed to acquire Googly Media Holdings Pte Ltd. The deal, valued at approximately $7.6 million, will result in a combined entity worth $15 million. The acquisition, effective from…
ImmuPharma reports positive financial and business update
LONDON: ImmuPharma PLC, a specialist drug discovery and development company, has announced a positive and comprehensive update on its financial situation and its portfolio of products. The company, which is listed on the London Stock Exchange’s AIM market, said it has enough funds for its immediate needs and does not plan to raise more equity…
Stanmore acquires 50% stake in Eagle Downs coal project from South32
SYDNEY, AUSTRALIA: Stanmore Resources Limited (ASX:SMR) has signed a definitive agreement with a subsidiary of South32 Limited (ASX:S32) to acquire its 50% interest in the Eagle Downs metallurgical coal project, 100% interest in Eagle Downs Coal Management Pty Ltd and associated assets in Queensland, Australia. The deal, which is expected to close by the end…
Groupe SNEF to buy 75.72% stake in VISIATIV for €170.7 million
PARIS, FRANCE: Groupe SNEF, a leading French engineering and services company, announced on Tuesday that it has entered into exclusive negotiations with the main shareholders of ALLIATIV, the controlling shareholder of VISIATIV, a company specialized in digital transformation and innovation for SMEs and mid-cap companies. The deal, which is expected to close in the first…
Europe’s intelligent automation market shifts to hyperautomation and GenAI
LONDON: A new research report by Information Services Group (ISG), a leading global technology research and advisory firm, reveals that Europe’s intelligent automation landscape is entering a new phase, driven by enterprise demand for hyperautomation and the emergence of generative AI (GenAI) as a major technology disruptor. Hyperautomation is the ability to drive end-to-end intelligent…
Bitcoin Mining and Investing: Risks and Opportunities in Different Scenarios
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network of computers, called nodes, that validate transactions and secure the network. Bitcoin mining is the process of using specialized hardware and software to solve complex mathematical problems, called hashes, that verify new blocks of transactions and add them to the blockchain, the public…
Ken Porpora appointed CEO of Horizon Group Holdings
Horizon Group Holdings, a leading provider of residential plumbing, electrical, heating and air conditioning services, has appointed Ken Porpora as its new Chief Executive Officer. Ken Porpora has over 25 years of experience in the home services industry, having held various senior roles at ADT, the leading provider of security, interactive and smart home solutions…
LSEG appoints Michel-Alain Proch as Chief Financial Officer
LONDON: London Stock Exchange Group (LSEG) announces today that Michel-Alain Proch has been appointed Chief Financial Officer and a member of the Board of LSEG plc. Reporting to David Schwimmer, he will join LSEG on 26 February 2024 before joining the Board as CFO on 1 March 2024, subject to regulatory approval. Following publication of…
Schneider Electric finalizes acquisition of EcoAct
PARIS, FRANCE: Schneider Electric, a global leader in energy management and automation, has successfully concluded its acquisition of EcoAct SAS, a prominent international climate consulting and net zero solutions provider headquartered in Paris. The acquisition marks the culmination of discussions that began on July 3, 2023, when Schneider Electric entered into exclusive negotiations with Atos…
Series AI raised $7.9M to develop AI-powered game authoring tools
Series AI, a startup that is developing AI-powered game authoring tools, announced today that it has raised $7.9 million in its seed funding round. The company plans to use the funding to develop its Rho Engine platform, which it says will help game developers create games more quickly and easily. The Rho Engine is a…
Crypto 101: What Country Has the Most Influence on Crypto?
Are you looking for the country with the biggest influence on the crypto market? The answer may not be as obvious as you think. Several elements are at play in this ever-evolving landscape. From crypto regulation to market volume, learning the keys to the global crypto market is essential to determine the forefront countries. Today,…