LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC“) and Maritime Partners, LLC. (“Maritime Partners“) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition“), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC
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ESR Group delivers strong growth in Fund Management EBITDA propelled by its New Economy focus and asset light strategy
Key Highlights: Total AUM1,2 increased 9% year-on-year, propelled by New Economy AUM1,2 which delivered 13% growth to reach US$69 billion Fund Management EBITDA grew 14% year-on-year with a higher margin based on higher fee revenue, strong cost discipline and continued economies of scale; now constitutes over 50% of total Group EBITDA for the first time Stabilised Group New… Continue reading ESR Group delivers strong growth in Fund Management EBITDA propelled by its New Economy focus and asset light strategy
Meta approved hate-filled Facebook ads that called for violence in Europe
The ads, which were bought by a watchdog group, never ran. Meta is again facing allegations it’s not doing enough to prevent the spread of hate speech and violent content in Facebook ads. A new report details eight such ads, targeting audiences in Europe, that were approved despite containing blatant violations of the company’s policies… Continue reading Meta approved hate-filled Facebook ads that called for violence in Europe
Facebook’s ‘state-controlled media’ labels appear to reduce engagement
Interactions with Russia and China’s government media dropped when users noticed the badge. Facebook’s “state-controlled media” labels appear to reduce engagement with content from authoritarian nations. A new study reveals that, with the added tags, users’ engagement decreased when they noticed content labeled as originating from Chinese and Russian government-run media. However, the labels also… Continue reading Facebook’s ‘state-controlled media’ labels appear to reduce engagement
BioWare cuts around 50 jobs to become a ‘more agile and focused studio’
EA is also severing ties with a third-party company that was helping with ‘Dragon Age: Dreadwolf.’ Mass Effect and Dragon Age studio BioWare is eliminating approximately 50 positions as parent Electronic Arts attempts to turn it into a “more agile and focused studio.” The reorganization was “unavoidable,” according to BioWare general manager Gary McKay, as… Continue reading BioWare cuts around 50 jobs to become a ‘more agile and focused studio’
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HONG KONG/SINGAPORE/WASHINGTON, Aug 24 (Reuters) – For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy. Two years after it stopped promoting the Thousand Talents Plan (TTP) amid U.S. investigations of scientists, China quietly revived the… Continue reading article with gallery
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Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies
TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates… Continue reading Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies
Hospitality Industry 2023 Analysis: Estimated Growth Rate, Major Driver And Key Trends, By The Global Market Model From TBRC
A Comprehensive Global Hospitality Industry Overview: Major Leaders, Market Size, Growth Trends, Regional Analysis, and Forecast LONDON, Aug. 21, 2023 /PRNewswire/ — According to the most recent hospitality industry forecast from the Global Market Model, the worldwide hospitality industry achieved a remarkable valuation of $4,367.2 billion in the year 2022, contributing a substantial 4.4% to… Continue reading Hospitality Industry 2023 Analysis: Estimated Growth Rate, Major Driver And Key Trends, By The Global Market Model From TBRC
DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER
DUBAI, UAE, Aug. 21, 2023 /PRNewswire/ — Dubai has established itself as a thriving global hub for esports and gaming following the spectacular conclusion of the second edition of Dubai Esports and Games Festival (DEF) which drew a record-breaking attendance of over 27,000 people during the thrilling five-day event and gathered over 75,000 gamers from across the globe!… Continue reading DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER