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Snapchat to slash 530 jobs amid tech sector turmoil
Snap Inc, the parent company of Snapchat, has announced it will lay off 10% of its workforce, or about 530 employees, in the first quarter of 2024. The move comes…
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Korean semiconductors make waves in the U.S. market
The term "K-Semiconductor" has been coined to describe the dynamic and influential business activities of Korean semiconductor companies in the global arena. One of the most notable examples of this…
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Nintendo raises Switch sales forecast after strong quarter
Nintendo has increased its sales forecast for its popular Switch console, after reporting better-than-expected results for the December quarter. The gaming giant said on Tuesday it now expects to sell…
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Groupe Berkem acquires Naturex Iberian Partners in Spain
Groupe Berkem, a leader in plant chemistry, announced the acquisition of Naturex Iberian Partners, Givaudan's industrial site in Valencia, Spain, specialized in plant and marine extraction. The deal, which is…
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McNally Capital appoints Lou Rassey as Co-CEO and Managing Partner
McNally Capital, a private equity firm, announced today that Lou Rassey, a former CEO, entrepreneur, and McKinsey Partner, has joined the firm as Co-Chief Executive Officer (Co-CEO) and Managing Partner.…
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Indra Energy brings eco-friendly natural gas to Michigan
Indra Energy, an independent and eco-friendly energy provider, has launched its 100-percent carbon-offset natural gas services in Michigan. The company aims to cater to residents who want to reduce their…
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Shiseido acquires Dr. Dennis Gross Skincare to boost its presence in the Americas
Shiseido, a Japanese cosmetics giant, has announced the completion of its acquisition of Dr. Dennis Gross Skincare, a US-based skincare brand known for its clean, innovative and science-based products. The…
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Tokyo Gas America acquires stake in ARM Energy Trading
Tokyo Gas America, a subsidiary of Tokyo Gas, has bought a minority share in ARM Energy Trading, a new entity that includes ARM Energy Services and ARM Energy Mexico, two…
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Dream Unlimited sells Colorado ski resort to Alterra
Dream Unlimited Corp., a Canadian real estate company, announced on Monday that it has agreed to sell its Colorado ski resort, Arapahoe Basin, to Alterra Mountain Company, a leading operator…
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Yandex sells Russian business for $5 billion amid war and sanctions
Yandex NV, the Dutch parent of Russia's leading tech company, has agreed to sell its core business in Russia to its local managers, oil giant Lukoil and other investors for…
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HungerRush appoints Mike Jerich as new CEO
HungerRush, a leading cloud software provider for the restaurant industry, has announced Mike Jerich as its new Chief Executive Officer, effective February 5th. Jerich will succeed Bill Mitchell, who will…
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Security Compass acquires Kontra to enhance application security training
Security Compass, The Security by Design Company, has acquired Kontra, an application security training software provider, from ThriveDX. The deal will enable Security Compass to offer a wider range of…