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Technology
Google Wins Appeal Against EU Antitrust Fine
September 18, 2024 09:36 PM AEST| By Team Kalkine MediaGoogle has successfully overturned a €1.5 billion fine imposed by the European Commission (EC) for abusing its dominance in online search advertising markets. The European Union's General Court annulled the 2019 ruling on Wednesday, which had origina...
Foresight Solar (LSE:FSFL) is attracting investor's attention. Here's why.
September 18, 2024 07:40 PM AEST| By Team Kalkine MediaForesight Solar (LSE:FSFL), a fund focused on sustainability through investments in solar and battery storage assets, has released its results for the six months ended 30 June 2024. The report highlights key financial and operational metrics, reflect...
Gelion (LSE:GELN) Launches Battery Minerals Ltd to Advance Li-Ion Recycling Technology
September 18, 2024 07:31 PM AEST| By Team Kalkine MediaGelion (LSE:GELN), the Anglo-Australian battery innovator, has established Battery Minerals Ltd ("Battery Minerals"), a wholly owned subsidiary in the UK. This new entity will focus on developing and commercializing lithium-ion (Li-Ion) recycling tec...
Why are Xaar (LSE:XAR) shares gaining limelight today?
September 18, 2024 05:38 PM AEST| By Team Kalkine MediaXaar plc (LSE:XAR), a leading inkjet printing technology company, has released its unaudited interim results for the six months ended 30 June 2024. While the company continues to face challenges from its legacy ceramics business, it has made signific...
Strix Group (LSE:KETL) Reports Interim Results for H1 2024 Amid Strategic Restructuring
September 18, 2024 05:34 PM AEST| By Team Kalkine MediaStrix Group Plc (LSE:KETL), a global leader in kettle controls and water filtration technology, has announced its interim results for the six months ended 30 June 2024. The company demonstrated resilient financial performance despite market challenge...
Learning Technologies Enhances Talent in the Digital Age
September 17, 2024 06:05 PM AEST| By Team Kalkine MediaLearning Technologies Group PLC,(LSE:LTG),, a leader in digital learning and talent management, has reported its half-year results, highlighting both the resilience of its software-as-a-service (SaaS) model and the challenges posed by a tough macroec...
Playtech (LSE:PTEC) Announces €2.3 Billion Sale of Snaitech to Flutter Entertainment
September 17, 2024 05:32 PM AEST| By Team Kalkine MediaPlaytech plc (LSE:PTEC), the leading platform and services provider in the online gambling industry, has entered into a definitive agreement to sell Snaitech S.p.A. ("Snaitech") and its subsidiaries to Flutter Entertainment Holdings Ireland Limited,...
Learning Technologies Holds Dividend as Profits Rise, But Lowers Guidance
September 17, 2024 05:29 PM AEST| By Team Kalkine MediaLearning Technologies Group PLC (LSE: LTG), (OTC: LTTHF) highlighted the strength of its software-as-a-service (SaaS) offerings and long-term contracts as it reported half-year results showing increased profit. Despite maintaining its interim dividen...
Microsoft Announces $60 Billion Share Buyback and Boosts Dividend
September 17, 2024 05:29 PM AEST| By Team Kalkine MediaMicrosoft Corp,(NASDAQ:MSFT),has announced an unexpected $60 billion share buyback and a 10% increase in its quarterly dividend from the previous quarter. This decision was revealed late on Monday, with the new dividend of $0.83 per share scheduled f...
Intel Spins Off Semiconductor Division, Secures Amazon as Client
September 17, 2024 05:29 PM AEST| By Team Kalkine MediaIntel Corp,(NASDAQ:INTC),has unveiled a strategic plan to establish its foundry business as an independent subsidiary with a dedicated governance structure. This initiative aims to bolster the operational focus and appeal of Intel Foundry, which is a...
TT Electronics Cuts Full-Year Outlook, Shares Plummet
September 16, 2024 06:04 PM AEST| By Team Kalkine MediaTT Electronics,(LSE:TTG),experienced a sharp decline in its share price on Monday following a downgrade of its full-year outlook. The company attributed the adjustment to "operational efficiency issues" at two of its North American sites.,The firm, k...
Made Tech Shares Surge on Department for Education Contract Win
September 16, 2024 06:04 PM AEST| By Team Kalkine MediaMade Tech Group PLC,(LSE:MTEC),experienced an 11% surge in share price on Monday following the announcement of a significant contract win with the UK Department for Education. This four-year contract, valued at £13.2 million, will involve Made Tech p...
HSBC: DiscoverIE's Valuation Looks Appealing
September 16, 2024 06:04 PM AEST| By Team Kalkine MediaHSBC has reiterated its positive outlook on discoverIE Group plc,(LSE:DSCV),following the company’s capital markets day (CMD) held on 11 September.,Although there are some short-term risks to be mindful of, HSBC highlighted discoverIE's appealing val...
TT Electronics (LSE:TTG) Revises 2024 Outlook Amid North American Operational Challenges
September 16, 2024 05:36 PM AEST| By Team Kalkine MediaTT Electronics plc (LSE:TTG), a global engineer and manufacturer of electronic solutions for critical applications, has provided an update on its current trading conditions and outlook for 2024. The Group has faced operational inefficiencies at two o...
Sony set to win Pink Floyd rights for half a billion dollars
September 14, 2024 04:57 AM AEST| By Team Kalkine MediaSony Group Corp (NYSE:SONY) is reportedly nearing a significant agreement to acquire the rights to Pink Floyd’s back catalogue, with the deal valued at approximately half a billion dollars.,Recent reports from the Financial Times indicate that Sony i...
Graft Polymer Interims Highlight Transformation
September 13, 2024 06:49 PM AEST| By Team Kalkine MediaGraft Polymer (UK) Plc,(LSE:GPL),has undergone a transformative period, marked by its strategic pivot away from polymers towards a focus on drug delivery technologies. This shift was driven by the appointment of Anthony Tennyson as CEO, who played a...
OpenAI's Valuation Rises to $150 Billion Amid Ongoing Funding Talk
September 12, 2024 09:23 PM AEST| By Team Kalkine MediaOpenAI's reported valuation has surged to $150 billion, marking a significant increase from the $100 billion valuation reported just two weeks ago. This new valuation, according to sources cited by Bloomberg, represents a 50% rise from the figure men...
Scottish Mortgage Surges After Nvidia’s Recovery
September 12, 2024 09:23 PM AEST| By Team Kalkine MediaScottish Mortgage Investment Trust PLC,(LSE:SMT),saw its share price rise by more than 3% following a positive performance in the US technology sector. This uptick was largely influenced by Nvidia Corp, the trust’s largest holding, which represents 6...
WeWork Founder Adam Neumann's Crypto Climate Token Fails to Launch
September 12, 2024 09:23 PM AEST| By Team Kalkine MediaWeWork Inc founder Adam Neumann appears to be facing another challenging venture with his blockchain-based carbon-credit company, Flowcarbon. According to Forbes, Flowcarbon, which aims to tokenize carbon credits on the blockchain using its ‘Goddess...
Optima Health to Join AIM in September Following Marlowe Split
September 12, 2024 08:26 PM AEST| By Team Kalkine MediaOccupational health specialist Optima Health PLC is set to debut as a stand-alone company on the AIM section of the London Stock Exchange later this month, following its spin-off from Marlow PLC. The Sheffield-based company has stated it does not pla...
