Business

What Happens to Business Technology When It Reaches End of Life?

What Happens to Business Technology When It Reaches End of Life?

Most businesses, which includes modern ones, invest heavily in technology, but they rarely plan for its eventual and inevitable exit strategy. Generally speaking, companies spend millions on the latest hardware while overlooking the critical phase when those assets reach their end. This lack of planning creates a massive gap in the operational lifecycle of many otherwise successful global organizations. Decisions …

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City stalwart Schroders to be sold to US rival in £9.9bn deal

City stalwart Schroders to be sold to US rival in £9.9bn deal

Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per share – a 34 per …

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Ford overtaken by BYD as China reshapes global car industry

Ford overtaken by BYD as China reshapes global car industry

Ford Motor Company has been overtaken in global vehicle sales for the first time by Chinese electric car giant BYD, underscoring the dramatic shift under way in the global automotive industry. Ford’s sales slipped 2 per cent last year to just under 4.4 million vehicles, while BYD sold 4.6 million, climbing to sixth place in the global rankings of car …

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Tangible raises $4.3m seed round to unlock scalable debt finance for hardtech firms

Tangible raises .3m seed round to unlock scalable debt finance for hardtech firms

Tangible, a fintech platform focused on helping hardtech companies access and manage structured debt financing, has raised a $4.3 million seed round as it looks to modernise how capital-intensive businesses fund growth. The round was led by Pale Blue Dot, with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital and Aperture. The funding will be used to scale …

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Norfolk police chief calls for tougher penalties for prolific shoplifters

Norfolk police chief calls for tougher penalties for prolific shoplifters

The chief constable of Norfolk Police has called for tougher and faster punishments for repeat shoplifters, warning that persistent offenders are not being deterred by the current system. Paul Sanford said shoplifting was one of the few crimes in the county that continued to rise, and expressed frustration at delays in the courts. Speaking on BBC Radio Norfolk, Sanford said: …

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Lloyds Banking Group to close 95 more branches across UK

Lloyds Banking Group to close 95 more branches across UK

Lloyds Banking Group has announced plans to close a further 95 High Street branches, as the UK’s largest banking group continues to scale back its physical network in response to falling in-branch usage. The closures will affect 53 Lloyds Bank sites, 31 Halifax branches and 11 Bank of Scotland locations between May this year and March 2027. The latest move …

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5 Best Providers of Risk-Controlled Legacy System Transformation Services

5 Best Providers of Risk-Controlled Legacy System Transformation Services

Plenty of businesses nowadays rely on software that used to work well in the past, but now holds them back. They slow down innovation, increase maintenance costs, and make it harder to scale or adapt to changing market demands. However, businesses choose to stay in this “toxic relationship” rather than break free of legacy constraints because the “breakup” is associated …

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How Sheikh Ahmed Dalmook Al Maktoum Models the Institutional Turn in Impact Investing

How Sheikh Ahmed Dalmook Al Maktoum Models the Institutional Turn in Impact Investing

Over 3,907 organizations now manage $1.571 trillion in impact investing assets under management worldwide, according to Global Impact Investing Network estimates. That figure reflects a 21 percent compound annual growth rate since 2019, but the more consequential shift lies not in volume but in structure. Capital once deployed through informal networks and trust-based relationships now flows through institutional channels demanding …

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US-Ukrainian SocialFi Platform Sl8 Targets European Expansion Amid MiCA Transition

US-Ukrainian SocialFi Platform Sl8 Targets European Expansion Amid MiCA Transition

As European regulators refine the next chapter of the digital economy, the conversation has moved decisively away from speculative hype cycles toward the institutional realities of compliance and consumer protection. Against this backdrop, Cassator Corp., a US-incorporated firm with deep Ukrainian roots, is positioning its flagship “SocialFi” platform, Sl8, as a privacy-forward alternative to the data-extractive models of traditional social …

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