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 news comes a day before Apple’s “Wonderlust” event, where the…
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 comes as major U.S. food companies are looking to diversify…
The University of Glasgow has announced the opening of a new centre that will support its research in data science and artificial intelligence (AI). The Centre for Data Science will bring together hundreds of academics from different disciplines to tackle…
In a significant development today, the UK government has extended its support to BMW, ensuring job security at the company’s Oxford manufacturing plant and Swindon body-pressing facility. BMW Group has already invested over £3 billion in its Swindon, Hams Hall,…
Sensata Technologies (NYSE: ST), a leading provider of sensors and sensor-rich solutions for various industries, announced today that it will be added to the S&P MidCap 400 Index, a widely followed index of mid-sized companies. The inclusion will take effect…
Klaviyo, the software-as-a-service (SaaS) company that enables businesses to use their own data to create personalized and engaging digital experiences, has announced its initial public offering (IPO) of 19.2 million shares of its Series A common stock. The company, which…
Instacart, one of the largest online grocery delivery firms in the United States, made a significant move on Monday by submitting an updated filing for its forthcoming initial public offering (IPO). The company, known for its grocery delivery services, disclosed…
Correcto, a Madrid-based startup that offers a SaaS platform for real-time language and spelling solutions and corrections for written Spanish through AI, announced today that it has secured €6.5 million in its second seed funding round. The round was led…
MindTrip, a San Francisco-based startup that is developing an artificial intelligence-powered travel planning platform, announced today that it has raised $7 million in seed funding. The round was led by Costanoa Ventures, a venture capital firm that focuses on seed…
Bangalore-based SaaS B2B software provider Perfios has successfully secured $229 million in a Series D funding round. Private equity firm Kedaara Capital led the investment, combining primary fundraising with a secondary share sale. Kedaara Capital, known for its operational focus,…
Shop Circle, a London-based e-commerce software company, has secured $120 million in a Series A round of funding. The round was led by 645 Ventures and 3VC, two venture capital firms that specialize in backing early-stage technology startups. QED Investors…
Irish technology firms have achieved a historic milestone, amassing a staggering €963 million in capital investments during the first half of this year, as revealed by a recent report. This impressive influx of funding, however, is primarily attributed to a…