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Main » 2024 » September » 17

NEW YORK 
Tenth Lab cohort includes 25 disruptive technology and technology-enabled startups from the Americas and EMEA
Five-month accelerator program to provide founders with $250,000 (£250,000) investment, as well as mentorship and business-growth resources
117 companies have participated in the Lab to date
(BUSINESS WIRE) -- Morgan Stanley (NYSE: MS) today announced the 2024 global cohort of the Inclusive Ventures Lab, with 25 companies selected from the Americas and Europe, the Middle East and Africa (EMEA). Over the next five months, the companies will participate in an in-house accelerator program designed to further develop and scale technology and technology-enabled startups in the seed to Series A funding round stage.

Chosen from thousands of applications, the 25 startups represent a range of disruptive technologies across industries such as Climate Tech, Retail, Healthcare, FinTech, SaaS, Enterprise Software, Consumer and Travel & ... Read more »

Views: 15 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

NEW YORK -
(BUSINESS WIRE) -- The Estée Lauder Companies Inc. (NYSE: EL) (the “Company”) today announced that it has received notice that TRC Capital Investment Corporation (“TRC”) commenced an unsolicited “mini-tender” offer to purchase up to 1,500,000 shares of the Company’s Class A common stock, which represents approximately 0.64% of the outstanding Class A common stock, at a price of $83.65 per share in cash.

The Company does not endorse TRC’s unsolicited mini-tender offer and recommends that stockholders do not tender their shares because TRC’s offer is at a price below the current market price for Class A common stock and is subject to numerous conditions. The Company is in no way associated with TRC, its mini-tender offer, or the mini-tender offer documents.

Mini-tender offers seek to acquire less than 5% of a company’s shares outstanding. Consequently, they can avoid many of the disclosure and ... Read more »

Views: 18 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

AHMEDABAD, India - Monday, 16. September 2024 AETOSWire 

Global Outsourcing Leader Strengthens Presence to Meet Growing Demand for Software Services

(BUSINESS WIRE)--Flatworld Solutions, a global leader in IT and ITES, announced the opening of its new office in Ahmedabad, India. This expansion marks a significant milestone in the company's 18-year journey of delivering top-tier IT and ITES to its international clientele. The new Ahmedabad office will serve as an offshore development center, focusing initially on mobile and eCommerce development services. It will cater to the growing demands of a leading Los Angeles-based client, showcasing Flatworld's ability to manage large-scale projects across borders.

Mr. Jacob Williams, CEO of Flatworld Solutions, stated, “Our new Ahmedabad office demonstrates our commitment to providing cutting-edge software solutions. We're excited to tap into the city's rich talent pool, which aligns perfect ... Read more »

Views: 20 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

WASHINGTON - Monday, 16. September 2024 AETOSWire

MidOcean’s Strategic Investor, Aramco, to Provide Funding for Investment

(BUSINESS WIRE) -- MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, and Hunt Oil Company (“Hunt”) announced today that they have entered into a definitive agreement whereby MidOcean will acquire an additional 15% interest in Peru LNG (“PLNG”) from Hunt.

Following the closing of the transaction, MidOcean’s interest in PLNG will increase from 20% to 35%. Aramco played a pivotal role in the transaction, including undertaking key technical and commercial due diligence as well as engaging with key stakeholders for transaction approval. The transaction will be funded entirely by Aramco, which will increase its interest in MidOcean to 49%. Aram ... Read more »

Views: 19 | Added by: africa-live | Date: 09.17.2024 | Comments (0)


 Stellair™ and Stellair ACE Reduce Fatigue Potential and Improve Productivity for Industrial Painters

(BUSINESS WIRE) -- Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces Stellair ACE and Stellair™, the only industrial air spray guns to achieve Ergonomics Performance Cer ... Read more »

Views: 22 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

CHICAGO -
Introduces the world’s first CPG large language model and BASES AI, a tool using real consumer-permissioned data to create synthetic panels for concept testing

New language model boasts 7x the automation of public models, identifying, organizing, and categorizing products trained on 160 petabytes of data

BASES AI produces synthetic survey panels that test and benchmark ideas at a fraction of the cost and time

 

(BUSINESS WIRE)--NielsenIQ (NIQ), the world’s leading global consumer intelligence company, announced two breakthroughs in artificial intelligence that further validate its leadership position. BASES AI and the CPG industry’s first large language model will help NIQ clients harness the power of responsible AI to drive innovation and grow market share. NIQ will also be speaking about AI trends in consumer buying intelligence and innovation at a panel on Thursday, September 19th at 2:20pm ET titled “Do ... Read more »

Views: 19 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

 Intelsat Invests in Paris-based Greenerwave, Launches NextGen Mobility Terminal Development

(BUSINESS WIRE) -- Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of in-flight connectivity (IFC), will be the first operator in the world to offer multi-orbit solutions for all relevant business units by the first half of 2025 thanks to a new satellite terminal strategy that will deliver advanced capabilities and improved economics.

“Intelsat is making strategic bets on new technologies, including new investments in innovative terminal providers,” said Intelsat CEO David ... Read more »

Views: 18 | Added by: africa-live | Date: 09.17.2024 | Comments (0)

ATLANTA - Monday, 16. September 2024 AETOSWire Print 


Coming to Cities Near You!

Jersey Mike’s Subs is the Official Domestic Sponsor with Spalding as Official Global Ball Sponsor of the Upcoming Tour Beginning Thursday, December 26th

(BUSINESS WIRE) -- The World-Famous, Harlem Globetrotters are coming to a city near you! The legendary and awe-inspiring basketball team have announced their upcoming 2025 World Tour beginning Thursday, December 26, 2024 with global tickets on sale today, it was announced by Keith Dawkins, President, Harlem Globetrotters & Herschend Entertainment Studios.

“The Harlem Globetrotters continue to be celebrated as ambassadors of goodwill, combining sportsmanship and entertainment while bringing joy to families all over the world,” said Dawkins. “Our global tour remains a core part of our business but we’ve ... Read more »

Views: 20 | Added by: africanewsline | Date: 09.17.2024 | Comments (0)

Dubai, United Arab Emirates - Monday, 16. September 2024

Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology we commonly see. The joint venture is set to meet exponential growth in demand. This will currently be the largest supercap energy storage manufacturing capacity in the world.

 

As part of this collaboration, Enercap Energy Holding Limited, the joint-venture, will establish a fully automated 10 GWh/year manufacturing facility in Abu Dhabi. Additionally, Enercap Energy Holding Limited has agreed to acquire an existing manufacturing facility in Dubai Industrial City which will be upgraded to 6 GWh/year capacity. Enercap has a current global demand of over 30GWH of large-scale battery energy storage units (B ... Read more »

Views: 21 | Added by: africa-live | Date: 09.17.2024 | Comments (0)