Google Winds Down Domain Registrar Business, Squarespace Acquires Assets

Google has announced the winding down of its domain registrar business, which has been operational for nearly a decade. The decision comes as the tech giant aims to refine its…

NNR June 17, 2023

Wire

UK Regulator Clears Amazon’s Acquisition of iRobot Corp, Roomba Maker

The UK's Competition and Markets Authority (CMA) has given the green light to Amazon's $1.7 billion acquisition of iRobot Corp, the renowned manufacturer of Roomba robotic vacuum cleaners. Following a…

NNR June 17, 2023

Wire

axle energy raises $1.6M in pre-seed funding to help homes save energy

axle energy, a London-based energy flexibility startup, has raised $1.6 million in pre-seed funding. The round was led by Picus Capital with participation from Eka Ventures. The company intends to…

NNR June 16, 2023

Wire

Portwest acquires Canadian company IFR Workwear

Mayo-based multinational workwear, safety footwear, and PPE provider Portwest has announced its latest acquisition of Canadian company IFR Workwear, a renowned brand specializing in premium flame-resistant (FR) products. The acquisition…

NNR June 16, 2023

Wire

Octave raises $52mn Series C to expand behavioral health care services

Octave, a San Francisco-based company that specializes in outcomes-focused behavioral health care, has raised $52 million in Series C funding. The round was led by Cigna Ventures, Novo Holdings, and…

NNR June 16, 2023

Wire

Currys considers options for Greek business Kotsovolos to maximize value

Currys, a leading electrical retailer, has announced its plans to explore strategic options for its Greek business, Kotsovolos. The company believes that Kotsovolos, which also has a growing presence in…

NNR June 16, 2023

Wire

Unilever to acquire Yasso Holdings in North America

Unilever plc, a multinational consumer goods company, announced on Thursday that it has entered into an agreement to acquire Yasso Holdings, Inc., a premium frozen Greek yogurt brand in the…

NNR June 15, 2023

Wire

Liberty Mutual to Sell Western European Operations to Generali

In a move to sharpen its focus on its core markets, Liberty Mutual Insurance has announced the sale of its personal and small business operations in Western Europe to Generali…

NNR June 15, 2023

Wire

Alibaba Expands E-Commerce Empire to Europe with Tmall Launch

Paris, France: In a major move that marks an escalation of its international endeavors, Alibaba, the Chinese tech giant, announced on Thursday its plans to expand one of its key…

NNR June 15, 2023

Wire

Chicago-Based Fintech Startup Paro Secures $25 Million in Series C Funding

Chicago-based fintech startup Paro, which provides access to on-demand finance and accounting expertise, has secured $25 million in Series C funding. The round was led by Top Tier Capital Partners,…

NNR June 15, 2023

Wire

EU lawmakers vote to regulate AI

European Union lawmakers have voted to regulate the use of artificial intelligence (AI) in the region. The draft law, known as the AI Act, would ban the use of real-time…

NNR June 15, 2023

Wire

China cuts key lending rate to boost slowing economy

China’s central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move as the economy’s post-Covid recovery continues to lose momentum. The People’s Bank of China…

NNR June 15, 2023