E-commerce accounting firm AVASK appointed Bojan Gajic, from software company Helium 10, to take over as its chief executive on Thursday, while also unveiling new strategic expansion. Timothy Nelson, who has been with the company as chief executive officer since October 2020, will step down from his role. The tax advising company said Gajic’s substantial […]
Data centre solution provider Digital Realty Trust partnered with investment firm Blackstone to develop $7 billion four hyperscale data centre campuses across three metro areas on two continents, on Thursday. The company said developments are expected to support about 500 megawatts (MW) of total IT load upon full build out of all campuses. Blackstone will […]
Automotive Cybersecurity firm Autocrypt partnered with Hitachi Solutions to provide joint offerings, consulting services covering V2X, in-vehicle systems security to Japanese automotive original equipment manufacturers (OEMs) and tier suppliers, on Thursday. The mobility security provider said validation of the partnership denotes continued success of past projects, and looks to further expand the scope of collaboration […]
Google’s parent firm Alphabet introduced its most efficient and flexible artificial intelligence model Gemini, which is able to efficiently run on everything from data centres to mobile devices on Wednesday. The company said Gemini is the result of large-scale collaborative efforts by teams across Google, including the company’s colleagues at Google Research. It can generalize […]
Alphabet-owned Google and McDonald’s partnered to connect latest Google Cloud technology and apply generative artificial intelligence (GenAI) solutions across the burger maker’s outlets worldwide, on Wednesday. The public cloud vendor Google Cloud said this partnership is an important step for McDonald’s in progressing its restaurant technology platform to become the most developed and effective in […]
Financial information service provider, Fitch Group acquired of research and analytics Bixby Research and Analytics by purchasing all the remaining stock on Tuesday. The acquired firm will be wholly owned subsidiary of Fitch Solutions and will be managed by CreditSights, said the firm. Additionally, Bixby will be incorporated into CreditSights’ leveraged finance product suite, which […]
United Arab Emirates, one of the largest banks, First Abu Dhabi Bank (FAB) confirmed its partnership with low-carbon energy and services provider ENGIE Solutions by signing a memorandum of understanding (MoU), on Tuesday. This partnership is aimed at advancing the companies’ capabilities in financial decarbonisation solutions. The bank stated the agreement was signed in COP28 […]
Economic analysis software provider Moody’s Corp launched an analytical tool powered by generative artificial intelligence (GenAI) called Moody’s Research Assistant, on Tuesday. The company said using Moody’s extensive proprietary content and the updated large language models (LLMs), this newly launched tool will help customers generate and understand from the width and depth of Moody’s credit […]
India’s reknown renewable energy company ReNew Energy Global Plc signed a memorandum of understanding (MoU) with Asian Development Bank on Sunday, with reason to collaborate on climate change mitigation and adaptation projects. The company said overall investment value the MoU project covers is over $ 5.3 billion between 2023 and 2028. The MoU was signed […]
Varnish Software, a powerful leader in caching, streaming, and content delivery software solutions, appointed Fredrik Borg as its new CEO to Spearhead Business Expansion, on Monday. As a CEO, Borg will work on Varnish Software’s latest achievements while also continuing its expansion across the global content delivery market. Borg’s remarkable accomplishments and expertise in leading […]
Online streaming platform Spotify said it will reduce its workforce by about 17% across company with an aim to reduce its costs and alter reasons for slowdown in growth. Daniel Ek, executive chief, on Monday, shared a note on the company’s official website. The audio company said resizing of the firm’s workforce is remarkably […]
Baden-Württemberg-based GFT technology joined forces with Starling Bank, a London-based financial institute on Monday. The firm said the collaboration will serve as implementation partner for Starling Bank’s Software-as-a-Service (SaaS) business, Engine by Starling. Engine by Starling is a digital banking service platform, providing banks with access to the cloud native, modular and application programing interface […]
Renewable Energy firm Masdar partnered with Perusahaan Listrik Negara (PLN), Indonesia’s state-owned utility company, on Sunday with an objective to erect Southeast Asia’s largest floating solar power plant in order to explore green hydrogen opportunities. The deal was signed by Mohamed Jameel Al Ramahi, Masdar’s CEO, Darmawan Prasodjo, executive chief of PLN Group and Ruly […]
Canadian finance firm Nuvei and tech giant Microsoft partnered to improve payment experiences for their customers of its products, solutions, and services across its key markets on Monday. The fintech company said its knowledge and functions will benefit Microsoft as the tech firm consumes Nuvei’s customizable payment technology in the Middle East and the African […]
Financial service provider Emirates NBD collaborates with tech giant Microsoft, on Friday, to implement Microsoft Sustainability Manager, a Cloud for Sustainability solution, to implement digital transformation. Sustainability manager an adaptable solution integrating data intelligence for organizations at any sustainability stage, automating processes to efficiently record, report, and reduce emissions, water, or waste impact, said […]
