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Technology
Huddled Group Acquires Full Ownership of Boop Beauty to Accelerate Growth
December 30, 2024 11:13 AM GMT| By Team Kalkine MediaHighlights,Strategic Acquisition:,Huddled Group secures the remaining 25% stake in Boop Beauty for £100,000 in shares.,Growth Plans:,Full ownership enables Huddled to allocate more resources for inventory and marketing to drive Boop Beauty’s expansio...
Huddled Group Strengthens Portfolio with Full Acquisition of Boop Beauty
December 30, 2024 10:58 AM GMT| By Team Kalkine MediaHighlights,Full Ownership:,Huddled Group PLC acquires the remaining 25% of Boop Beauty, completing its ownership of the circular-economy cosmetics platform.,Strategic Expansion:,Full control aims to accelerate growth by increasing investments in inve...
Bytes Technology Group (LON:BYIT) Hits 52-Week Low Amid Dividend Cut
December 30, 2024 07:50 AM GMT| By Team Kalkine MediaHighlights,Bytes Technology Group (BYIT) reached a new 52-week low, trading as low as GBX 415.60.,The company announced a dividend cut alongside its recent stock performance.,Bytes Technology Group remains a prominent UK provider of software, securit...
Apple Poised for 'Golden Era' as Wedbush Raises Price Target Amid AI-driven Growth
December 27, 2024 10:26 AM GMT| By Team Kalkine MediaHighlights,Wedbush predicts multi-year growth cycle:,Apple enters a transformative phase fueled by AI innovations and iPhone upgrades.,New AI-driven services revenue stream:,Apple Intelligence apps expected to drive multi-billion-dollar annual revenu...
Raspberry Pi Defies Tech Sector Doubts with Record-High Share Price
December 27, 2024 10:26 AM GMT| By Team Kalkine MediaHighlights,Share price surge:,Raspberry Pi shares climb 10%, reaching an all-time high of 658p, marking a 135% increase since its July IPO.,Key investor boost:,US-based SW Investment Management drives recent buying spree, contributing to the stock’s...
SRT Marine Systems Secures $9 Million Middle East Contract to Enhance Maritime Surveillance
December 27, 2024 10:26 AM GMT| By Team Kalkine MediaHighlights,New Contract Signed:,SRT Marine Systems finalizes a $9 million, 10-year contract with a Middle Eastern coast guard.,Strengthened Customer Ties:,The deal marks an upgrade for a long-standing client’s maritime surveillance capabilities.,Posi...
Tech Giants Face £70 Million Levy to Fund UK's Online Safety Enforcement
December 27, 2024 10:26 AM GMT| By Team Kalkine MediaHighlights,£70 Million Levy Proposed:,UK regulator Ofcom is set to impose an annual levy on major tech firms to fund enforcement of the Online Safety Act.,Top Tech Firms to Pay Majority:,Meta, Google, Microsoft, Apple, and TikTok are expected to cove...
SRT Marine Systems (AIM: SRT) Secures US$9 Million MDA System Contract with Middle East Coast Guard
December 27, 2024 07:44 AM GMT| By Team Kalkine MediaHighlights:,SRT Marine Systems signs a US$9 million contract for system upgrade with a Middle East Coast Guard.,The contract is set to span ten years, enhancing maritime surveillance capabilities.,Implementation of the upgraded system has already com...
Insider Activity Highlights Rob Harding's Recent Purchases of PayPoint plc (LON:PAY) Shares
December 24, 2024 12:54 PM GMT| By Team Kalkine MediaHighlights,Insider Purchase,Rob Harding recently acquired shares of PayPoint plc, showcasing active insider engagement.,PayPoint's stock has shown notable fluctuations, with a 1-year range between GBX 470 and GBX 865.,PayPoint provides payment, e-com...
Kooth PLC Expands US Operations with $1.45 Million Contract in New Jersey
December 24, 2024 11:26 AM GMT| By Team Kalkine MediaHighlights:,Contract Secured in New Jersey:,Kooth PLC secures a $1.45 million contract to support 50,000 students aged 13-18 in a year-long pilot program.,US Expansion Continues:,Builds on existing contracts in California and Illinois, furthering Koo...
Windward Ltd Agrees to £216 Million Acquisition by Octopus UK Bidco
December 24, 2024 11:08 AM GMT| By Team Kalkine MediaHighlights:,Acquisition Deal:,Windward Ltd agrees to a £216 million cash acquisition by Octopus UK Bidco.,Generative AI Focus:,The deal aims to leverage Windward’s AI capabilities for broader supply chain analytics.,Strong Shareholder Support:,Indepe...
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Mindflair PLC Restructures Finances Amid Share Placing and Debt Reprofiling
December 24, 2024 10:50 AM GMT| By Team Kalkine MediaHighlights:,Discounted Share Placing:,Mindflair PLC raised £490,000 via a discounted share issuance at 0.6 pence per share, an 11.1% reduction from the previous day's closing price.,Debt Reprofiling:,Outstanding loan notes were partially settled with...
Windward Agrees to £216 Million Acquisition by Octopus UK Bidco, Shares Jump 40%
December 24, 2024 08:41 AM GMT| By Team Kalkine MediaHighlights,Acquisition Value:,Windward valued at approximately £216 million at 215 pence per share.,Strategic Growth:,Acquisition aimed at expanding Windward’s market presence and enhancing data-driven maritime solutions.,Future Investments:,Plans to...
Kooth Secures $1.45M Mental Health Pilot Contract with New Jersey
December 24, 2024 08:05 AM GMT| By Team Kalkine MediaHighlights,Pilot Contract Details:,$1.45M agreement to provide mental health support to 50,000 students in New Jersey.,Platform Launch:,Services to commence mid-January 2025 via Kooth’s Soluna platform.,Expansion in the US:,Builds on Kooth’s contract...
Seeing Machines Partners with Mitsubishi Electric Mobility in £26.2 Million Deal
December 23, 2024 10:07 AM GMT| By Team Kalkine MediaHighlights:,Strategic Collaboration Announced:,Seeing Machines partners with Mitsubishi Electric Mobility to advance driver and occupant monitoring systems.,£26.2 Million Investment Secured:,Mitsubishi takes a 15% stake in Seeing Machines, with plans...
Spotify Executives and Co-Founders Sell $1.25 Billion in Shares Amid Stock Surge
December 23, 2024 10:07 AM GMT| By Team Kalkine MediaHighlights:,Executives Capitalize on Stock Rally:,Spotify's senior leadership sold $1.25 billion worth of shares in 2024 following a dramatic rise in the company’s stock price.,Co-Founders Lead the Sell-Off:,Daniel Ek and Martin Lorentzon sold $900 m...
accesso Technology Group's (LON:ACSO) Rock-Solid Balance Sheet
December 23, 2024 09:45 AM GMT| By Team Kalkine MediaHighlights,accesso Technology Group (ACSO) maintains a solid financial position with a healthy balance of cash and minimal debt.,The company’s strong liquidity, backed by net cash, suggests it can easily manage its obligations.,Solid EBIT growth and...
Institutional Ownership Dominates The Sage Group plc (LON:SGE) with 86% Stake
December 23, 2024 09:40 AM GMT| By Team Kalkine MediaHighlights,Institutional Dominance,Institutions hold 86% of The Sage Group plc, influencing stock movements.,Lack of Majority Shareholder,No single shareholder holds a majority stake in the company.,Limited Insider Control,Insiders own less than 1%,...
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Computacenter (LON:CCC) Reaches 12-Month Low Amidst Market Activity
December 23, 2024 09:17 AM GMT| By Team Kalkine MediaHighlights,New 52-Week Low for Computacenter,Shares hit GBX 2,065.24, marking the lowest point in a year.,Modest Trading Recovery Observed,The stock traded up by 0.3% during the session.,Market Cap and Financial Ratios Highlight Stability,The company...
Seeing Machines Partners with Mitsubishi Electric Mobility to Enhance Automotive Safety and Drive Growth
December 23, 2024 08:10 AM GMT| By Team Kalkine MediaHighlights,Strategic Collaboration:,Seeing Machines and Mitsubishi Electric Mobility enter a partnership to enhance automotive safety technologies and explore joint growth opportunities.,Investment to Fuel Growth:,Mitsubishi Electric Mobility invests...
