TECHNOLOGY

News in English

Mews Announces $1.2bn Valuation
Mews announces $1.2bn valuation as it further expedites global expansion, product growth and its acquisition strategy AMSTERDAM. The new funding is led by existing investor Kinnevik, alongside Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP. The funding follows a year of significant growth.
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Read more at Macau Business
Spinnaker SCA Announces the Appointment of Rick As Vice President of Applied SCM Technologies
Rick is the new Vice President of Applied SCM Technologies. With over two decades of experience in the field, Rick brings a wealth of knowledge and innovation in optimizing supply chain processes through advanced technologies. Rick served as the VP of Global Value Chain Technologies at PVH Corp.
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Read more at BNN Breaking
Energem Shareholders Vote in Favor of Merging With Graphjet Technology
Energem shareholders voted in favor of merging with Graphjet Technology Sdn. Bhd., a Malaysian company with a patented technology to recycle palm kernel shells generated in the production of palm seed oil. The SPAC held just shy of $14 million in trust as of Dec. 31, 2023.
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Read more at DealFlow's SPAC News
Leonardo Unveiled Preliminary Results for 2023
Leonardo is poised to unveil its 2024-2028 Industrial Plan on March 12. The company reported a 3.8% increase in orders, totalling €17.9bn ($19.5bn), showcasing sustained commercial momentum across its portfolio. One of the year’s achievements was the 17.8% surge in Free Operating Cash Flow (FOCF), reaching €635m, propelled by robust performance across all divisions.
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Read more at Airforce Technology
Global Underwater Robotics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast
Global Underwater Robotics Market reflects a burgeoning sector, with forecasts predicting a robust annual growth rate of 12.50% stretching through 2028. This expansion is attributed to the increasing demand for advanced underwater technology across commercial, defense, and scientific research domains. Innovations within the industry are catering to a global call for devices that balance high performance with energy conservation.
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Read more at Yahoo Finance Australia
Futures Margin - The Future of Trading
Technology: The Great Equalizer in the Trading World Gone are the days when trading was the exclusive domain of professionals on Wall Street. Thanks to the digital revolution, anyone with a smartphone and an internet connection can dive into the trading world. This accessibility has been an essential catalyst in broadening the demographic of traders, enabling people from all walks of life to explore financial markets.
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Read more at Innovation & Tech Today
Generative AI - Five Skillsets to Keep Up With the Demand
Generative AI is a type of artificial intelligence capable of generating images, text or other content. The technology is expected to boost productivity, cut costs and create new growth opportunities across a wide range of industries. With the rapid adoption of the technology, experts generally agree employees can keep up with the demands of the changing landscape.
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Read more at CNBC
Samsung's Focus on Robots and Humanoid Industry
Samsung Group executives focused on the rapid growth of China’s robotics technology during their recent meeting on robotics and humanoid sector. The South Korean conglomerate recently held a meeting attended by top executives.Samsung’s focus on robots and humans is believed to be a response to the emergence of a new era in the robot market.
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Read more at Pulse News
EthChat Launches
EthChat, an innovative chat platform, has officially launched, leveraging blockchain technology to redefine the way users communicate online. This groundbreaking platform prioritizes privacy and security, offering unmatched anonymity and end-to-end encryption for users worldwide. The platform's cutting-edge blockchain technology ensures that all messages are encrypted and stored securely, giving users peace of mind knowing that their conversations are confidential.
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Read more at Yahoo Finance
Japan's Nikkei 225 Share Benchmark Tops 40,000 for the First Time
Japan's Nikkei 225 share benchmark topped 40,000 on Monday for the first time. By midday in Tokyo, the index had gained 0.8% to 40,226.83. Shares in computer-chip related companies rallied, with Renesas Electronics Corp. jumping 5.8%.
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Read more at ABC News