Arnold Pinto
January 13, 2025
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Logistics

IATA: Global air cargo demand up 8.2% in November 2024

16th month of consecutive growth The International Air Transport Association (IATA) has released data for the global air cargo markets in November 2024, reporting a solid performance. Total demand for air cargo, measured in cargo tonne-kilometres (CTK), rose 8.2% compared to November 2023, marking the 16th consecutive month of growth. International operations contributed a
Business

Getty Images and Shutterstock to merge

Valuation put at $3.7 billion Getty Images Holdings and Shutterstock will merge in a transaction valued at approximately $3.7 billion. The merger will create a new powerhouse in the visual content market under Getty Images Holdings. The combined company will continue trading on the New York Stock Exchange with the “GETY.” By joining forces, Getty […]
Automotive Events

2025 Detroit Auto Show unveils 150+ modified vehicles

In partnership with Modded Detroit The 2025 Detroit Auto Show has revealed a spectacular showcase of over 150 modified vehicles, highlighting the cutting-edge modifications car enthusiasts have implemented to push the limits of performance and design. In partnership with Modded Detroit, one of Michigan’s foremost automotive enthusiast groups, this exciting exhibition
Automotive

Zeekr unveils industry-leading technology at CES 2025

And a global energy plan Zeekr has unveiled its cutting-edge technological advancements and new strategic partnerships, reinforcing its position as a key player in the automotive sector. The company will showcase its latest innovations in Las Vegas at CES 2025 (January 7-10). These include an intelligent driving domain controller, an extended collaboration with Qualcomm,
Events Tech

CTA unveils new global innovation champions

At CES 2025 in Las Vegas The Consumer Technology Association (CTA) has unveiled the 2025 Global Innovation Scorecard, recognising nations excelling in areas such as broadband, autonomous vehicles, and blockchain technologies. The announcement was made on January 7 during the CES 2025 conference in Las Vegas, where representatives from the honoured nations were recognised
Business Sport

Formula E and Google Cloud sign multi-year partnership

New milestone for electric motorsport Formula E and Google Cloud have unveiled a new multi-year partnership. The partnership combines cutting-edge AI and technology to propel the league into a new era. The collaboration starts with the groundbreaking GEN3 Evo era, marking a milestone in the ongoing transformation of electric motorsport. As part of this agreement, […]
Appointments Cybersecurity

Acronis appoints Gerald Beuchelt as CISO

To lead global security strategy and more Acronis has appointed Gerald Beuchelt as its new Chief Information Security Officer (CISO). With over a decade of experience in cybersecurity, Beuchelt will play a key role in shaping Acronis’ security strategy as the company strives to safeguard data, applications, and systems worldwide. Beuchelt will execute Acronis’ global […]
Business

Turkey’s Baykar acquires Italy’s Piaggio Aerospace

In strategic EU expansion plan Turkish technology firm Baykar has secured approval from the Italian government to acquire Piaggio Aerospace, a renowned Italian aviation manufacturer. The Turkish company says the acquisition will boost its presence in the European Union and mark a new era for the long-established aerospace giant. Baykar’s offer outbid two other contenders
Saudi Arabia Transport

Riyadh Metro’s Orange Line is operational

Part of a 6-line network The Royal Commission for Riyadh City (RCRC) has confirmed the completion of the phased rollout of the Riyadh Metro, with the Orange Line officially commencing operations on January 5, 2025. The launch of the metro system marks a significant achievement in the development of Saudi Arabia’s public transport network. The […]