Tesla, the electric vehicle (EV) pioneer, is gearing up to introduce a new mass market EV codenamed “Redwood” in mid-2025, Reuters reported. The new model is expected to be a compact crossover, one of the most popular segments in the…
UBS (NYSE:UBS) has announced that Suni Harford, President Asset Management and GEB Lead for Sustainability and Impact, will retire from the firm on 1 March 2024. She will be succeeded by Aleksandar Ivanovic and Beatriz Martin Jimenez, respectively. Aleksandar Ivanovic,…
BenevolentAI, a leading AI-powered biopharma company, announced today that Dr. Joerg Moeller, a veteran in the pharmaceutical industry, has joined the company as its new CEO and Executive Board member. Dr. Joerg Moeller has over 20 years of experience in…
Kardex, a leading provider of compact storage systems, has announced a strategic partnership with Addverb, an India-based company for warehouse automation. The partnership aims to deliver integrated and efficient solutions that combine the best of both companies’ technologies. Addverb’s warehouse…
EVORA Global, a leading provider of tech-enabled sustainability solutions, has acquired Metry, Europe’s top platform for environmental data collection. The deal will enhance EVORA’s data automation and quality for its clients in the real estate and infrastructure investment industry, using…
Visit Group, a Nordic-based software company for hospitality and travel, announced today that it has received more than €100 million in strategic growth investment from PSG Equity, a leading growth equity firm. PSG Equity is acquiring a majority stake in…
TravelPerk, a SaaS platform that simplifies business travel, has secured an additional $104m in funding from SoftBank Vision Fund 2 and other investors. The company, which grew its revenue by over 70% and its gross profit by more than 90%…
LONDON: Glycotest, a company developing blood tests for liver cancer, has received a $1 million follow-on investment from Fosun Industrial Co., Limited, a Chinese conglomerate. The investment is part of a $10 million deal signed in 2019, which also grants…
Dinesh Venugopal will become the new Chief Executive Officer of Infogain, a Silicon Valley-based company that specializes in human-centered digital platforms and software engineering services, starting from February 8, 2024. He will succeed Ayan Mukerji, who has been the CEO…
WellSaid Labs, an AI voice platform, has appointed Brian Cook to assume the CEO role, effective later this month. Current CEO and co-founder Matthew Hocking will assume the role of Executive Chairman. In Cook’s new role, he will guide WellSaid…
Cybever AI, a leading innovator in the gaming industry, has partnered with the Unreal Engine Marketplace, a platform for game developers to access high-quality assets. The partnership will allow developers to use Cybever AI’s 3D models, which are compatible with…
SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, announced today a restructuring plan that will affect 16% of its workforce, or about 900 employees. The plan aims to reduce operating expenses and adapt to the current…