Onebeat Raises $10M in Funding to Expand AI-Enabled Retail Platform
Onebeat, an AI-enabled retail-tech company based in Tel Aviv, Israel, has secured an additional $10 million in funding. The funding round was led by Magenta...
German Industrial Production Rises Below Expectations in April
Berlin, Germany: German industrial production showed a slower-than-expected increase in April, according to data released by Destatis, the federal statistical office of Germany. The figures...
Brussels Airport and Shenzhen Airport Strengthen Ties with Sister Airport Relationship Agreement
Brussels, Belgium: Brussels Airport and Shenzhen Airport have solidified their strategic partnership by officially signing a Sister Airport Relationship agreement. This collaboration aims to foster...
UK Consumers Embrace Embedded Finance, Opting for Streamlined Payment Experiences
A new study from Marqeta, the card issuing platform, has revealed that embedded finance is experiencing significant growth in the UK, with consumers increasingly embracing...
Apple acquires AR startup Mira
Tech giant Apple has reportedly acquired Mira, a Los Angeles-based augmented reality (AR) startup. The news of the acquisition was revealed through the CEO of...
Australia’s First-Quarter GDP Growth Below Expectations, Reflecting Slowdown
Australia’s gross domestic product (GDP) expanded by 2.3% year-on-year in the first quarter, slightly below analyst expectations, according to data from the country’s Bureau of...
Subway Unveils Ambitious Expansion Plan to Multiply Its Presence in China by Sevenfold
In a major move that has caught the attention of the global fast-food industry, Subway, the renowned sandwich chain, has announced its plans to significantly...
Payroll Software Developer Immedis Acquired by UKG in Deal Facilitated by Terry Clune
Kilkenny, Ireland: Renowned businessman Terry Clune has announced the sale of Immedis, a leading payroll software developer, to UKG, a prominent US multinational. The transaction,...
U.S. Securities and Exchange Commission (SEC) on a rampage against crypto trading platforms
Washington, D.C.: The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, the largest cryptocurrency exchange in the United States, accusing the...
Ford Motor Co Announces Expansion of Recall for SUVs and Trucks Due to Fire Risk
Dearborn, Michigan: Ford Motor Co has announced an expansion of its recall, affecting approximately 125,000 sport utility vehicles and trucks, due to potential engine failures...
Microsoft Settles with FTC for $20 Million Over Illegal Collection of Children’s Personal Information
Redmond, Washington: Microsoft has agreed to pay a settlement amount of $20 million (£16 million) to the US Federal Trade Commission (FTC) to resolve charges...
Emirates Considers Additional Airbus A350 and Boeing 777X/787 Orders to Meet Future Demand
Emirates President Tim Clark announced on Tuesday that the Dubai-based airline is considering ordering additional aircraft from Airbus and Boeing as it looks ahead to...