Apple has acquired the Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems. The acquisition, finalized on December 17 last year, was quietly conducted but noted in a European Commission filing spotted by French publication Challenges (via iPhoneSoft). While the financial details of the transaction remain undisclosed, the move is almost certainly part of Apple's broader...
As part of the strategy to expand the delivery infrastructure in the region, SAMEDAY announces its intention to take over the fast courier company Sprinter from Hungary. Thus, following the potential acquisition, SAMEDAY will expand its out of home infrastructure in Hungary by 60% by taking over the 450 delivery points owned by the Hungarian […]
China on Friday published measures aimed at promoting overseas investment in the country's technology sector, in a latest bid to attract foreign investors amid signs some are considering shifting away from the world's second-largest economy. China will support overseas institutions to issue yuan bonds in the country, and also encourage tech companies, including foreign-invested ones, to raise money via bond issuance, the commerce ministry said in a statement. The government will also facilitate...
Prime Minister Nikol Pashinyan received Martin Shtikel, the executive director of the German Fichtner company operating in the energy sector, and the company’s representatives. Viktor Richter, Ambassador Extraordinary and Plenipotentiary of Germany to Armenia, also participated in the meeting. The Prime Minister welcomed the visit of the delegation of the German company to Armenia as …
Auctus Capital Partners and Remote Control Productions have created an investment fund called Prestiged to invest in game companies.
Liberty Renewables owns a 1.3GW wind project pipeline in New York.
Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI and computer vision technology. It is expected to help Apple bolster the AI features it is readying for iOS 18.
Social video platform Triller will be acquired by a Hong Kong financial services company as the Los Angeles-based firm looks to bulk itself up to counter TikTok's dominance. The agreement has already been approved by the boards of Triller and AGBA Group Holding Ltd., though it still needs regulatory and shareholder approval, according to a statement from the companies. The deal is expected to close in late May, after which Triller will become a wholly-owned subsidiary of AGBA, which is publicly...
Phoenix Wealth Advisors acquired a new stake in shares of The Boeing Company (NYSE:BA – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 988 shares of the aircraft producer’s stock, valued at approximately $249,000. Several other large investors also recently added to or reduced their stakes in the business. Scissortail […]
The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
Everence Capital Management Inc. raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 22.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,543 shares of the apparel and home fashions retailer’s stock after purchasing […]
Koshinski Asset Management Inc. grew its holdings in shares of Novo Nordisk A/S (NYSE:NVO – Free Report) by 41.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,307 shares of the company’s stock after purchasing an additional 4,160 shares during […]