Former Twitter Chairman Omid Kordestani sued the social media company, claiming that billionaire owner Elon Musk is refusing to cash out more than $20 million worth of shares he is owed. Kordestani served as the company’s executive chairman from 2015…
Uganda expects Rowad Capital Commercial LLC to invest an initial $225 million in its state-run telecommunications operator and take up a majority stake once ongoing talks are concluded. Dubai-based RCC will acquire 60% shareholding in Uganda Telecommunication Corp., or UTel,…
Transcript Simha: We’ll start with a story. The story is of a civilization. A civilization that was really good at building things. It was expanding. It found this piece of land where they said, let’s build a huge tower that…
Watching orders dwindle as China’s housing market slumped, factory owner Zheng Weirong decided to take action and protect his steel business from the real estate downturn. Betting on a tourism revival, he wound down a production line making metal bars…
Nanoparticle synthesis and deposition tools provider VSParticle (VSP) has raised a €6.5 million A2 extension round led by NordicNinja amd previous investor Plural. VSP’s technology enables materials to be broken down to the size of nanoparticles and produced at the…
Scientists estimate that insects account for 80% of all animal life on Earth. It’s no wonder that you can’t walk even one foot into a forest without stepping on something crawling or being overwhelmed with buzzing and biting insects. While…
Warner Bros. Discovery posted a second-quarter charge of $9.1 billion after writing down the value of its traditional TV networks. Chris Palmeri has more. Source link
Forrester’s recent Q2 AI Pulse Survey, 2024, indicates that at least 78% of AI decision-makers see generative AI impacting IT infrastructure and architecture. But the landscape of AI applications is ever-changing. To make matters more challenging, the need for data…
LOGAN, Utah – Houston startup Little Place Labs announced a contract to deploy software to Loft Orbital’s YAM-6 satellite. “We’ll pair Loft’s low-latency operations, using its space infrastructure, with our cutting-edge analytics to enhance maritime domain awareness,” Little Place Labs…
Canva evaluated different data massaging solutions for its Product Analytics Platform, including the combination of AWS SNS and SQS, MKS, and Amazon KDS, and eventually chose the latter, primarily based on its much lower costs. The company compared many aspects…
Private equity investor Adenia Partners Ltd. said it will sell its 100% stake in African payments firms OMOA to Tunisia-based SPE Capital in a deal brokered by Lazard Inc. The deal, for an undisclosed price, will complete Adenia’s exit from…
Mistral AI released three open-weight language models: Mistral NeMo, a 12B parameter general-purpose LLM; Codestral Mamba, a 7B parameter code-generation model; and Mathstral, a 7B parameter model fine-tuned for math and reasoning. All three models are available under the Apache…