Page 13 - Mostread Technology News Today

Waste-to-fuel specialist Eqtec announced approval from Banca del Fucino, a historic private banking group based in Rome, to draw down a €2.9m loan facility on Tuesday.

Unified communications-as-a-service (UCaaS) provider Gamma Communications said in an update on Tuesday that it expected to report robust year-on-year growth in both adjusted EBITDA and adjusted earnings per share for 2023, in line with the increased market consensus following its 2023 interim results in September.

Sexual health product developer Futura Medical announced an extension of its exclusive licensing agreement with Cooper Consumer Health on Monday.

Application-specific integrated circuit (ASIC) specialist chip manufacturer EnSilica announced the launch of a series of post-quantum cryptography (PQC) accelerators on Friday.

Medical imaging analytics company Ixico announced on Friday that its chief executive officer Giulio Cerroni planned to retire from his position, and as a director, by the end of 2024.

Data, analytics, and insights platform GlobalData said in a full-year update on Thursday that after its interim results at the end of July, it sustained robust profitable growth during the second half.

Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1.4bn acquisition of the US domestic robotics giant.

Maritime artificial intelligence (AI) company Windward said in a trading update on Thursday that its strong performance throughout 2023 exceeded market expectations.

Tissue healing technology developer Advanced Medical Solutions (AMS) said in a trading update on Wednesday that its full-year results for 2023 were expected to fall within its previously published guidance ranges.

Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.