LONDON: Business Post Group (BPG) has successfully acquired UK-based Relish Research in a deal valued at nearly €3 million. This strategic move comes shortly after BPG secured a capital investment of €6 million from Bonnier News Business AB on July 7. BPG is also the owner of Red C research, headquartered in Ireland. Enda O’Coineen,…
Category: Wire
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Meta Set to Unveil Web Version of Threads, Its Rival to X (Formerly Twitter)
Reported by The Wall Street Journal – Meta is gearing up to launch the web version of Threads, its direct competitor to X (formerly known as Twitter), early this week, according to sources. This anticipated release marks a significant development, as the absence of a Threads’ web version has been a source of frustration for…
Yuno Energy launches as Ireland’s cheapest electricity provider
Yuno Energy, a new monthly bill pay service from the company behind PrePayPower, has launched today with a discounted unit rate of 38.04c per kilowatt hour, claiming to offer the cheapest rate of electricity available on the market. The company says that customers who switch to Yuno Energy can save over €500 per year on…
DuPont nears $1.8 billion sale of Delrin Resins Unit to The Jordan Company
DuPont De Nemours Inc., a leading materials and chemicals manufacturer, is reportedly in advanced negotiations to divest its Delrin resins unit to private equity firm The Jordan Company, with the deal estimated at approximately $1.8 billion. Citing sources familiar with the matter, Bloomberg News revealed this development on Sunday. The Jordan Company is poised to…
Foldable smartphone market in China witnesses impressive growth
China’s foldable smartphone market has experienced remarkable expansion, as shipments surged by a staggering 173% year on year, totaling 1.26 million units in the second quarter of 2023, as outlined in a recent industry report. Throughout the initial half of the year, the nation dispatched 2.27 million foldable phones, marking a significant 102% escalation compared…
Stellantis contemplates shifting Ram 1500 Pickup production amid contract negotiations
Stellantis, the automotive conglomerate, has issued a warning regarding the possible relocation of production for the existing Ram 1500 pickup truck from a suburban Detroit factory to Mexico, as disclosed by a union representative on Sunday. Rich Boyer, Vice President of the United Auto Workers (UAW) and head of the Stellantis unit within the union,…
China set to achieve 9 million new energy vehicle sales in 2023
Industry experts anticipate that China will witness the sale of approximately 9 million new energy vehicles (NEVs) this year. Despite policy shifts impacting the sector’s stability, the NEV market’s robust growth remains certain and has emerged as a significant factor in stabilizing consumption trends. Chen Shihua, Deputy Secretary-General of the China Association of Automobile Manufacturers,…
Why Zuckerberg’s Threads failed to pose a threat to Musk’s X
After reaching 30 million users during its first 24 hours of activity, Threads’ momentum has slowed down. According to a Time article, the number of daily active users (DAUs) on Threads has dropped by 80% since the platform’s peak. The Time report claims that Threads reached 50 million DAUs on Android devices shortly after its…
Leaked Marketing Images Unveil Exciting Insights about Lenovo’s Upcoming Gaming Handheld, the Legion Go
Recent leaks of marketing images have provided fresh details about Lenovo’s highly anticipated gaming handheld PC, the Legion Go. The images shed light on the device’s design and features, drawing comparisons to the Nintendo Switch OLED model and ASUS ROG Ally, while revealing some distinctive attributes of its own. Design and Features The leaked images…
PlayStation 6 Looms on the Horizon: New Insights Emerge from Official Documents
Bid farewell to your PlayStation 5 as unexpected news hints at the impending arrival of the PlayStation 6, much sooner than anticipated. Stunning revelations have emerged from confidential documents that point to Sony’s active development of their next-gen gaming console. It appears that progress never takes a break, although many of us wouldn’t mind a…
Microsoft Teases Exciting Event Set to Unveil New Surprises in NYC on September 21
Microsoft has recently sent out invitations for a highly-anticipated “special event” scheduled for September 21 in the vibrant city of New York. While the official invitation remains discreet about the specifics, tech enthusiasts are already gearing up for what seems to be an event brimming with surprises from the Surface lineup. With a track record…
Apple’s Next iPhones to Ditch Lightning Port for USB-C
The next iPhones, expected to be launched in September, could have a major change: a USB-C charging port. That’s according to analysts and media reports, who say the new models could replace the Lightning port with the more common USB-C connector. USB-C is used on nearly every laptop sold in the past few years, as…