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H.I.G. Capital Acquires Engineering Specialist Phoenix ME

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H.I.G. Capital Acquires Engineering Specialist Phoenix ME

Global investment firm H.I.G. Capital has acquired London-based Phoenix ME, a mechanical and electrical engineering specialist serving the data center and life sciences sectors. The deal marks a strategic expansion for the private equity group as it targets growth in mission-critical infrastructure across the United Kingdom and continental Europe.

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Stardog Taps Alan Gibson to Lead Global Revenue Expansion

Alan Gibson, a veteran of Alteryx and Dremio, has been appointed Chief Revenue Officer at Stardog to scale the company’s enterprise knowledge graph and semantic AI offerings. His arrival signals a push to capitalize on the growing corporate demand for AI systems that rely on structured, trusted data context.

Money Talk·Aug 11
ImagineX Secures Fourth Spot on Inc. 5000 List

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ImagineX Secures Fourth Spot on Inc. 5000 List

Atlanta-based technology firm ImagineX has earned its fourth inclusion on the Inc. 5000 list of America’s fastest-growing private companies. Ranked No. 3,159 for 2026, the company continues to gain recognition for its specialized work in AI engineering and multi-agent solutions for large-scale financial and infrastructure enterprises.

Money Talk·Aug 11
PAM Health to Construct 42-Bed Rehabilitation Hospital in Greensboro

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PAM Health to Construct 42-Bed Rehabilitation Hospital in Greensboro

Greensboro is set to host a new 42-bed physical medicine and rehabilitation facility as PAM Health targets North Carolina for a significant regional expansion. The project, one of four planned across the state, aims to address growing demand for specialized post-acute care while creating 200 permanent local jobs.

Money Talk·Aug 11
Insilico Medicine Schedules Mid-Year Financial Results Calls

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Insilico Medicine Schedules Mid-Year Financial Results Calls

Cambridge-based drug discovery firm Insilico Medicine will host two separate conference calls on August 26 and 27, 2026, to detail its financial performance for the first half of the year. The sessions aim to provide investors with a comprehensive business update following the close of the period on June 30.

Money Talk·Aug 11
BingX Enters Traditional Markets with New CFD Trading Platform

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BingX Enters Traditional Markets with New CFD Trading Platform

Panama City-based exchange BingX launched a Contract-for-Difference service on August 10, allowing users to trade traditional financial assets alongside cryptocurrencies. The platform enables exposure to precious metals, foreign exchange, and stock indices, marking a strategic shift toward a unified, multi-asset trading environment for its global user base.

Anchored Launches Tokenized Institutional Funds for Onchain Capital

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Anchored Launches Tokenized Institutional Funds for Onchain Capital

Institutional investors can now deploy stablecoin holdings into alternative strategies as Anchored debuts three tokenized funds. By bridging traditional hedge fund structures with blockchain-based subscription and redemption workflows, the platform aims to eliminate the manual wire transfers and fragmented administrative processes that typically hinder onchain capital allocation.

Global Precision Parts Market Poised to Hit $377 Billion by 2031

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Global Precision Parts Market Poised to Hit $377 Billion by 2031

The global precision parts market is set for significant expansion, projected to climb from $264.82 billion in 2025 to $376.96 billion by 2031. Driven by a 6.06% annual growth rate, the sector is undergoing a fundamental shift as original equipment manufacturers demand integrated, high-value sub-systems over standalone components.

AI WAVE SHOW 2026 Positions Taiwan as Global Hub for AI Deployment

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AI WAVE SHOW 2026 Positions Taiwan as Global Hub for AI Deployment

The AI WAVE SHOW 2026 concluded its three-day run in Taipei on August 1, drawing over 52,000 attendees. Supervised by the Ministry of Digital Affairs, the event underscored Taiwan's expanding influence in AI commercialization, bringing together global delegations and hundreds of enterprises to navigate the transition toward an AI-as-a-Service model.

Ed Farm Launches National Grant to Close the Digital Skills Divide

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Ed Farm Launches National Grant to Close the Digital Skills Divide

With 92 percent of modern jobs requiring digital proficiency, a persistent skills gap threatens to leave under-resourced populations behind. Birmingham-based nonprofit Ed Farm is now inviting school districts, libraries, and community organizations to apply for a new grant aimed at building tech-enabled learning hubs across the United States.

Trimble Launches AI Agent to Automate Logistics Office Workflows

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Trimble Launches AI Agent to Automate Logistics Office Workflows

Logistics teams often drown in manual data entry, with 70% of organizations citing repetitive tasks as their primary productivity hurdle. Trimble is moving to solve this with the launch of Arc Agent, a subscription-based AI platform designed to extract and validate unstructured data from emails, PDFs, and spreadsheets across global supply chains.

Tencent Music Revenue Climbs on Ximalaya Acquisition and Live Events

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Tencent Music Revenue Climbs on Ximalaya Acquisition and Live Events

Tencent Music Entertainment Group reported second-quarter 2026 revenues of RMB 8.93 billion, a 5.8% increase driven by robust growth in music-related services and the strategic integration of audio platform Ximalaya. The company’s focus on offline performances and premium membership tiers continues to bolster its financial performance amid a shifting market.

Money Talk·Aug 11
Cambium Networks Opens App Marketplace for Custom Network Management

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Cambium Networks Opens App Marketplace for Custom Network Management

Network operators can now bypass rigid vendor software by building their own management tools. Cambium Networks has launched the MarketApps Hub, an open ecosystem that allows developers and customers to deploy purpose-built web applications directly onto the company's cnMaestro management platform using AI-assisted coding tools.

Money Talk·Aug 11
Hyperscale Data Holds $62.3 Million in Bitcoin Reserves

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Hyperscale Data Holds $62.3 Million in Bitcoin Reserves

Las Vegas-based Hyperscale Data confirmed its treasury holds 961.2678 Bitcoin, valued at approximately $62.3 million as of August 9, 2026. The company maintained its position throughout the week, reporting no new acquisitions or divestments of the digital asset during the period leading up to the valuation.

Money Talk·Aug 11
PlanHub Secures Spot on Inc. 5000 List for Sixth Consecutive Year

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PlanHub Secures Spot on Inc. 5000 List for Sixth Consecutive Year

For the sixth year in a row, West Palm Beach-based PlanHub has earned a position on the Inc. 5000, the annual ranking of America’s fastest-growing private companies. The preconstruction platform secured the 1,357th spot overall, reflecting sustained expansion within its digital network of contractors and suppliers across North America.

Money Talk·Aug 11
Global Data Center UPS Market Projected to Hit $30.7 Billion by 2031

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Global Data Center UPS Market Projected to Hit $30.7 Billion by 2031

The global market for uninterruptible power supply systems in data centers is set to more than double over the next six years, reaching a valuation of $30.74 billion by 2031 as artificial intelligence workloads drive an unprecedented demand for high-capacity, resilient power infrastructure across hyperscale facilities.

Data Center Surplus Heat to Power Danish Greenhouse Project

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Data Center Surplus Heat to Power Danish Greenhouse Project

In the rural town of Ølgod, a new partnership is bridging the gap between digital infrastructure and agriculture. By channeling surplus heat from atNorth’s DEN02 data center directly into a neighboring greenhouse development, Selected Group aims to cultivate year-round produce while slashing the carbon footprint of Danish food production.

Money Talk·Aug 11

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Neymar Jr. Joins Portuguese Health Startup Lifefit for Global Launch

Neymar Jr. has been named global brand ambassador for Lifefit, a newly launched digital health platform originating from Lisbon. The partnership aims to promote a multidisciplinary approach to wellness, bridging the gap between professional athletic performance standards and accessible, personalized health coaching for the general public.

Money Talk·Aug 11
Huya Returns to Profitability Amid Strategic Pivot

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Huya Returns to Profitability Amid Strategic Pivot

Huya Inc. reported a return to profitability in the second quarter of 2026, posting a net income of RMB1.6 million against a loss of RMB5.5 million in the same period last year. The Guangzhou-based firm credits this financial turnaround to a deliberate shift toward game-related services and publishing.

Money Talk·Aug 11
Data Center Surplus Heat to Power Danish Greenhouse Project

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Data Center Surplus Heat to Power Danish Greenhouse Project

In Ølgod, Denmark, a new partnership between digital infrastructure provider atNorth and Selected Group is set to transform industrial waste into a resource for agriculture. By channeling surplus heat from the DEN02 data center into large-scale greenhouses, the companies aim to bolster domestic food security and reduce import reliance.

Money Talk·Aug 11
China Literature Pivots to AI and Short Dramas as Profits Dip

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China Literature Pivots to AI and Short Dramas as Profits Dip

China Literature reported a sharp decline in half-year profit to RMB 135.4 million, down from RMB 849.8 million in 2025, as a one-time tax charge and the absence of prior-year divestment gains dampened results. Despite the bottom-line contraction, the company is aggressively scaling its AI-driven content and short-drama businesses.

Money Talk·Aug 11
Lifefit Debuts Digital Health Platform with Neymar Jr. as Ambassador

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Lifefit Debuts Digital Health Platform with Neymar Jr. as Ambassador

Neymar Jr. has joined the digital health startup Lifefit as its global brand ambassador, marking the platform's official launch. Developed in Portugal by the health plans company Medicare, the service aims to consolidate nutrition, fitness, and professional medical guidance into a single subscription-based ecosystem for an international audience.

Money Talk·Aug 11
Philippines Launches GOLAMAN App to Streamline Golf Tourism

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Philippines Launches GOLAMAN App to Streamline Golf Tourism

With the official rollout of the GOLAMAN booking platform scheduled for September 15, 2026, the Philippines is digitizing access to its premier golf courses. The initiative targets international markets in South Korea, Japan, and beyond, aiming to bridge the gap between world-class sports facilities and global travelers.

Amap Global Simplifies Ride-Hailing for Foreign Travelers in China

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Amap Global Simplifies Ride-Hailing for Foreign Travelers in China

Foreign travelers navigating China can now book rides through the Amap Global app, which integrates multilingual route planning and taxi services into a single interface. The update removes the need for local SIM cards by enabling sign-ins with mobile numbers from 65 countries, streamlining transit for international visitors.

Money Talk·Aug 11
Millennium Hotels and Resorts Links With HXE to Boost MICE Business

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Millennium Hotels and Resorts Links With HXE to Boost MICE Business

Millennium Hotels and Resorts has signed a strategic partnership with HXE to integrate its global portfolio into the digital MICE sourcing platform. The move aims to capture rising demand for international corporate events by connecting MHR’s 145 properties directly with HXE’s network of over 400,000 corporate clients.

Money Talk·Aug 11
Global tech talent competition draws 1,200 teams to Hefei

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Global tech talent competition draws 1,200 teams to Hefei

Registration for the 2026 Global Tech Talents Innovation and Entrepreneurship Competition has attracted 1,202 program teams from 19 countries. These innovators, representing 425 universities including Harvard, Stanford, and Tsinghua, are descending on Hefei to compete for both prize money and long-term industrial integration support.

QYSEA Shifts to Autonomous Underwater Systems After Decade of Growth

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QYSEA Shifts to Autonomous Underwater Systems After Decade of Growth

Marking a decade of subsea operations, Shenzhen-based QYSEA is pivoting toward autonomous, networked robotics to navigate the volatile conditions of deep-water environments. The company aims to move beyond simple observation, prioritizing systems that learn from mission data to execute complex tasks without constant human intervention.

Money Talk·Aug 11
Resolve Gains Leader Status in 2026 QKS Group SPARK Matrix for ITSM

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Resolve Gains Leader Status in 2026 QKS Group SPARK Matrix for ITSM

By integrating agentic AI with enterprise orchestration, New York-based Resolve has secured a leadership position in the QKS Group SPARK Matrix for AI Solutions in IT Service Management. The recognition highlights the company's progress in shifting organizations toward autonomous IT operations and reducing manual intervention in complex digital environments.

ChipMOS Records Highest Revenue Since 2014 in Second Quarter

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ChipMOS Records Highest Revenue Since 2014 in Second Quarter

Hsinchu-based semiconductor provider ChipMOS Technologies reported its strongest revenue performance since 2014, posting NT$7.38 billion for the second quarter of 2026. This 28.7% jump compared to the same period last year marks a significant recovery, shifting the company from a net loss in 2025 to a solid profit.

SellYourWay.org Unveils Vetting Tool for Business Sales

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SellYourWay.org Unveils Vetting Tool for Business Sales

Selecting the wrong representative can derail a company exit, turning a milestone transition into a financial liability. To mitigate this risk, the International Business Brokers Association has launched a new interactive checklist on its SellYourWay.org portal, designed to help owners rigorously vet prospective brokers before signing any engagement contracts.

Money Talk·Aug 11