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Tech-based interior furnishing Northann Corp said it set pricing for initial public offering (IPO) of 1.2 million shares for $5 per share on Wednesday, with total gross proceeds of $6 million before deducting underwriting discounts and offering expenses. Northann said shares will be listed on New York Stock Exchange (NYSE) from October 19 and is […]
Measurement and assurance tech firm Viavi Solutions appointed Ilan Daskal as chief financial on Wednesday, taking over from Pam Avent, interim CFO, effective November 7. The company said Daskal will closely work with Oleg Khaykin, chief executive of Viavi Solutions. The light manufacturing company said this transition aims to oversee global finance organization, including finance, […]
Cybersecurity solution provider Sophos collaborated with peer StarLink as distribution partner in the Middle East and Levant regions, on Wednesday, where StarLink takes responsibility of distributing and promoting Sophos’ portfolio of solutions. The company said this newly signed partnership will be enforced from November 20, and its portfolio will includes Managed Detection and Response (MDR) […]
Global tech company Yango Tech launched an Arabic-speaking, human-like AI assistant called ‘Yasmina’ on Wednesday. The smart assistant has the ability to be an empathetic companion as well as carry basic tasks like streaming music or turning on smart home appliances. The AI-based voice assistant is capable of engaging and maintaining conversations like a real […]
Information and communication solutions provider ZainTECH said it agreed to acquire Specialized Technical Service Co (STS), digital transformation provider, on Monday with an objective to expand its cybersecurity, robotics and drone services to Middle East and North Africa (MENA) region. The subsidiary of Zain group said the complete acquisition of STS looks to expand its […]
Property specialist Goodman Groups partnered with electric truck developers Windrose Technology, on Monday. The aim of the partnership is to develop essential EV (electric vehicle) fast-charging infrastructure for heavy duty trucks at Goodman properties. The firm said it will share technical and sustainability expertise to test and install fast-charging stations, initiate at selected Goodman properties […]
Telecommunication firm Stc Bahrain launched 3CC (three-component-carrier), a telecom solution on Sunday. The company said it is the first operator to test and launch 5G 3CC technology. The telecom company said newly launched technology will play an important role in advancement of Bahrain’s digital and telecom infrastructure. The company added that 5G 3CC services will […]
Allied Market Research, on Friday, published a report with regard to metaverse in automotive industry, where it mentioned global metaverse in automotive market generated $2.18 billion in 2022, and is expected to generate $27.18 billion by 2032. The report titled, Metaverse in Automotive Market by Product, Technology and Application: Global Opportunity Analysis and Industry Forecast, […]
Data security provider ZorroSign joined forces with decentralized blockchain platform Provenance Blockchain on Thursday with an objective of integrating ZorroSign users to store digital documents, including signature, signers and transaction metadata on Provenance Blockchain. The decentralized blockchain firm said users can verify immutability of data related to signature, signers and transaction metadata on blockchain via […]
Business management firm Chintai Network Services Pte Ltd partnered with energy management firm DNZ Venture Global Pte Ltd, on Thursday, where DNZ is benefitted through Chintai platform for its climate action Tokenization efforts, including carbon credits. Tokenization represent environmental assets initiative or project as digital token, which can track carbon credits, renewable energy and more. […]
Singapore-based Investbanq launched artificial intelligence (AI) driven digital investment platform in an exclusive close beta release, on Thursday which the company said will elevate Singapore’s financial sector and set a global benchmark. Singapore-based Investbanq said the focus on AI based digital platform provides access to wide range of asset classes (investments with similar characteristics), including […]
Deloitte Digital’s said generative artificial intelligence (AI) is making significant changes in marketing content production, in its latest research on Tuesday. The study revealed 26% of marketers surveyed are already incorporating generative AI into their content creation and an additional 45% have plans to do so by the end of 2024. The report surveyed about […]
