Category: News

April 11, 2024 BY Elizabeth Anderson

Sierra Space Plans Possible IPO To Boost ‘Space Economy’

The private aerospace company divulged its intention when discussing the maiden flight of its spaceplane and the escalation of its satellite footprint. According to a CNBC Manifest Space interview with Sierra Space’s CEO Tom Vice, the Eclipse satellite initiative will handle missions in the low-earth and cis-lunar orbits. Yahoo Finance reported that the company wants…

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AI
April 10, 2024 BY Elizabeth Anderson

AI Application and Implementation Tripping Over US State-based Hurdles

That hamstrings businesses wishing to maximise AI technologies and innovations internationally and across local borders. Yahoo Finance reports that in Utah, for instance, legislators are pondering whether select companies should disclose non-human interaction with customers. Connecticut lawmakers are considering regulations for lesser transparency regarding so-called "high-risk" AI applications. Don’t miss out the latest news, subscribe…

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Electronic lab
April 09, 2024 BY Elizabeth Anderson

Pegatron Scaling Back Its Apple Collaboration

Reuters reported that should this happen, it would be the largest downsizing of the company’s partnership with Apple Inc. (AAPL). The move reportedly has the support of Apple and might give Tata a 65% controlling stake in the Chennai-based facility. Reuters sources indicated that Pegatron will continue to provide technical support and retain the remainder…

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Exness and LaLiga partnership
April 08, 2024 BY PureContent

Exness strengthens Latin American footprint through strategic partnership with LALIGA

One of the world’s largest brokers, Exness, has agreed to become the official regional partner of Latin America’s LALIGA football organisation. LALIGA is home to legendary clubs, including Real Madrid, Barcelona FC, and Atletico Madrid. It unites hundreds of millions of football fans across Latin America. By benefiting from LALIGA’s impressive popularity, the sponsorship will…

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ASML
April 08, 2024 BY Elizabeth Anderson

ASML to Align With US Requests Regarding China Exports

Although the Netherlands hesitates to roll out a blanket restriction, indications are that it will align itself with US demands by slowing down approvals for Chinese servicing requests and by quickening denials. Such actions will impact China’s mission to expand its local semiconductor market, as ASML products need regular servicing. ASML is the largest company…

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Hubspot building
April 05, 2024 BY Elizabeth Anderson

Alphabet considering an offer for HubSpot

HubSpot’s current market cap is over $33bn. Analysts claim that if Alphabet proceeds with an offer, it would be unusual in a climate where the so-called Magnificent Seven – Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Alphabet, Amazon (AMZN), Meta Platforms (META), and Tesla (TSLA)—are under the microscope of financial regulators. According to Reuters, a deal…

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Ergin Erdemir Head of ATFX LATAM
April 04, 2024 BY PureContent

ATFX Appoints Ergin Erdemir as Head of LATAM to Drive Growth and Value

Ergin Erdemir, the newly appointed Head of LATAM, brings a unique blend of experience and success to this pivotal role. With a remarkable 8-year leadership journey in institutional and retail e-FX business, Ergin has consistently showcased an exceptional ability to navigate complex challenges, build high-performing teams, and drive sustainable growth strategies. His proven track record…

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Singapore skyline
April 02, 2024 BY Elizabeth Anderson

Residential Property Prices in Singapore Still Climbing Despite Declining Sales

Data from the Urban Redevelopment Authority (URA) shows a quarter-on-quarter private residential property increase of 1.5% while sale transaction volumes plunged by approximately 20%. Bloomberg reports that Chia Siew Chuin, the head of residential research for Singapore at Jones Lang LaSalle Inc., said these statistics support and reflect local property demands. This economic mecca has,…

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UnitedHealth Group
March 28, 2024 BY Simon Mugo

UnitedHealth Provides $3.3Bn in Loans to Healthcare Providers

In response to the urgent need for liquidity among care providers, UnitedHealth initiated a temporary support program earlier in the month. This initiative aims to alleviate the financial strain by offering loans, which providers are expected to repay within 45 business days. A significant portion of this financial support, amounting to over 40% of the…

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