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Apple may discontinue iPhone 13 Mini after Wonderlust Event
Apple is set to unveil the iPhone 15 series at its Wonderlust event on September 12, along with other exciting devices such as the Apple Watch Series 9. However, this…
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UK wage growth matches inflation for first time in two years
UK workers have seen their real wages stay flat for the first time since October 2021, as pay growth matched inflation at 7.8% in the three months to July, according…
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GlobalFoundries opens new $4 billion fab in Singapore as part of global expansion
A new semiconductor fabrication plant worth $4 billion was launched in Singapore on Tuesday by GlobalFoundries, the U.S chipmaker that ranks third in the world in contract chipmaking. The new…
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Kunze-Concewitz to step down as Campari CEO in April, Fantacchiotti to take over
After 16 years of leading beverage maker Davide Campari-Milano NV, Chief Executive Officer Bob Kunze-Concewitz has announced his retirement, which will take effect in April next year. The company has…
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Jitty, an AI-powered property search engine, raises $2 million in pre-seed funding
Jitty, a London, UK-based startup that is building an AI-powered property search engine, has raised $2 million in pre-seed funding from a group of investors, including Gradient Ventures, Google’s AI…
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Swallow raises $1M in pre-seed funding to simplify pricing management for businesses
Swallow, a platform that enables businesses to easily manage and update their pricing models, secured $1 million in pre-seed funding from two leading SaaS investors. The funding round was jointly…
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Kale Logistics Solutions secures $30 million in a Series B round
A vertical SaaS platform that helps with logistics needs, Kale Logistics Solutions, has secured $30 million in a Series B round. The round was spearheaded by Creaegis Advisors, a Bangalore-based…
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KKR invests another $250 million in Reliance Retail
Reliance Retail, India’s largest retailer owned by billionaire Mukesh Ambani, has received another $250 million investment from KKR, a global private equity firm. This boosts KKR’s stake in the company…
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Salesforce Unveils Bi-Directional Data Integration with Databricks and Snowflake, Revolutionizing Data Management
Salesforce has initiated Dreamforce with significant partner announcements, unveiling plans for bi-directional data sharing with Databricks and Snowflake. Salesforce, led by Marc Benioff, is expanding its Salesforce Data Cloud to…
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DetraPel, secured $7.6M in a Series A round of funding
A Boston-based company that makes eco-friendly coatings, DetraPel, secured $7.6M in a Series A round of funding. The lead investor was Material Impact, joined by others such as INX International,…
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Apple extends deal with Qualcomm for 5G modems until 2026
Apple has announced that it will continue to buy 5G modems from Qualcomm for its smartphones and other products until 2026, despite its efforts to develop its own modems. The…
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J.M. Smucker snaps up Hostess Brands for $5.6 billion
The maker of Jif peanut butter, J.M. Smucker, announced on Monday that it will acquire Hostess Brands, the company behind Twinkies and other popular snacks, for $5.6 billion. The deal…