Categories
Science

British firm BAE Systems seal £500m boost through sale of Typhoon fighter jets to Spain

The news comes as multiple NATO member nations bolster their defences in response to the ongoing Russian assault on Ukraine. Already Spain will benefit from the addition of two extra United States Navy Destroyers deployed to the country following a pledge by President Joe Biden to increase its presence Europe-wide. The Spanish Air Force is […]

Categories
World

Russian hackers allegedly target Ukraine’s biggest private energy firm

DTEK Group, which owns coal and thermal power plants in various parts of Ukraine, said the goal of the hack was to “destabilize the technological processes” of its distribution and generation firms, spread propaganda about the company’s operations, and “to leave Ukrainian consumers without electricity.” The actual impact of the hack, and what computer systems […]

Categories
Technology

Alibaba launches ‘Data-as-a-Service’ firm Lingyang

Alibaba has spun out a “Data-as-a-Service” (DaaS) business called Lingyang Intelligent Service Company. Lingyang will offer solutions to enterprises that were initially developed for Alibaba. “The launch of the new firm is an important step taken by Alibaba after long-term consideration,” said Daniel Zhang, Chairman and CEO of Alibaba. The team behind Lingyang has vast […]

Categories
Science

Firm calls for regulation of substance to protect environment

At the recently concluded Power & Water Nigeria Exhibition and Conference 2022, a power management company, Eaton Nigeria, restated its advocacy for government regulation as a measure to curb the use of sulphur hexafluoride (SF6) gas in switchgears used for electrical power distribution. The event, which was organised by Vertex Global services, saw the participation […]

Categories
UK

Sustainable Norwegian colocation firm Green Mountain expands to the UK with Infinity SDC buyout

Norway-based sustainable colocation provider Green Mountain is expanding into the UK through the acquisition of Infinity SDC’s last remaining datacentre in Romford, Essex. As previously reported by Computer Weekly, Infinity SDC began winding down the number of datacentres in its portfolio back in December 2015, by selling off its shared services facility in Slough to […]

Categories
Finance

Bob Diamond’s private equity firm raises funding from Qatar

The private equity group of former Barclays chief executive Bob Diamond has struck a deal with Qatar to fund a new distressed asset vehicle. Atlas Merchant Capital, which was co-founded by Diamond almost a decade ago, has received a non-binding commitment of $100mn from the Qatar Financial Centre (QFC), the Doha-based site through which international […]

Categories
US

Vietnam’s VinaCapital Ventures takes stake in Web3 data analytics firm M3TA – TechNode Global

VinaCapital Ventures, the Vietnam-based technology investment platform of VinaCapital Group, announced Monday that it has taken a stake in M3TA, a Web3 data analytics company that seeks to empower businesses in Web3 with the power of data. Details of the investment were not disclosed. “With dynamic and high-quality data, the doors are open for optimization, […]

Categories
Science

‘Cancer Alley’ sees more attention, but communities press for firm action

It was not a bus tour you’d usually find in the Louisiana guidebooks – but then again, the visitor from Arizona wasn’t here to take in the gumbo and brass bands. “Some communities should not have the burden of carrying the danger for the rest of the communities,” said U.S. Rep. Raul Grijalva, an Arizona […]

Categories
UK

Cochin Shipyard delivers two autonomous electric barges to Norway-based firm

Kochi: The Cochin Shipyard Limited (CSL) on Sunday delivered two autonomous electric barges for the Norway-based ASKO Maritime AS on Sunday. The two vessels were loaded to a large mother ship today and it will be later transported through this yacht transport carrier to Norway.The ASKO project is an ambitious project in Norway, which is […]

Categories
Technology

Cloud adoption linked to stronger firm performance | MIT Sloan

open share links close share links When implementing enterprise-wide technology, executives want to be sure their investment will pay off — and rightfully so, given the time, money, and resources required to get new tech up and running. Evidence about the value of cloud-based services is often anecdotal, based on the experience of a handful […]