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Day: January 25, 2024

Smart Sensor Market Set to Soar Past USD 125.30 Billion by 2030

The global Smart Sensor market size is expected to reach USD 125.30 billion by 2030 and exhibit a CAGR of 18.1% in the forecast period (2023−2030), according to Skyquest’s latest research report. The connectivity and IoT adoption, Industry 4.0 initiatives, demand for real-time data, automation trends, predictive maintenance needs, environmental monitoring, cost reduction strategies, regulatory compliance requirements, advancements in sensor technology, increasing use in healthcare, growth in the automotive sector, rising consumer interest in smart devices, and expansion of smart cities and infrastructure projects is fueling the market’s growth. Westford, USA, Jan. 25, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Smart Sensor market, miniaturization of sensors, edge computing integration,...

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Digital Banking Platforms Market Size Worth USD 27.02 Billion in 2032 | Emergen Research

The digital banking platforms market revenue growth is driven by major factors such as increasing penetration of advanced technologies in communication and internet connectivity Vancouver, Jan. 25, 2024 (GLOBE NEWSWIRE) — The global digital banking platforms (DBP) market size was USD 9.14 Billion in 2022 and is expected to register a revenue CAGR of 11.5% during the forecast period. The digital banking platforms market revenue growth is driven by major factors such as increasing penetration of advanced technologies in communication and internet connectivity, shifting preferences toward digitalization along with rapid adoption of cloud-based solutions. Companies that are primarily digital can swiftly adjust to shifting client demands toward digitalization by eliminating outdated methods, adapting to modern technology, and altering...

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Judgement by Swedish city court awards damages and costs to Columbus in the range of SEK 43-45m

Company announcement no. 2/2024Columbus has been engaged in a court case against the Swedish M3 consultancy company ‘M3CS AB’ and its founders in a dispute about disloyal behavior, breach of IP and other unlawful acts. The Swedish city court has now rendered judgement in the matter and ruled in favour of Columbus, establishing that the company M3CS and its founders acted unlawfully and are liable for paying damages and costs to Columbus. The amount to be paid, including interests, is expected to be in the range of SEK 43-45m. Columbus has been focusing on serving its customers. At the same time Columbus has been putting its trust in the Swedish court system and is therefore also very pleased and satisfied to now see justice being served. The amount of damages awarded is the highest amount ever awarded in similar cases in Swedish court...

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Jeffs’ Brands Announces Pricing of $7.275 Million Private Placement

Tel Aviv, Israel, Jan. 25, 2024 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into securities purchase agreements with certain institutional investors for aggregate gross cash proceeds of $7.275 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes, as well as for potential acquisitions but does not have any pending acquisitions at this time. In connection with the private placement, the Company will issue an aggregate of 2,704,461 units and pre-funded units. The pre-funded units will be sold at the same...

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Global Wireless Electric Vehicle Charging Market to Surpass 180.15 Billion by 2030 Driven by Increasing Support from Governments

SkyQuest projects that the global wireless electric vehicle charging market will attain a value of USD 180.15 billion by 2030, with a CAGR of 37.21% during the forecast period (2023-2030). The global wireless electric vehicle charging market is expected to witness many growth prospects in the forecast period, driven partly by the increasing support from governments worldwide for wireless charging solutions. Various governments are recognizing the environmental benefits and energy efficiency of electric vehicles and their charging infrastructure. Westford, USA, Jan. 25, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the global demand for wireless charging systems is rising, driven by the introduction of ground pads and smart charging mats designed specifically for electric vehicles. The global wireless electric vehicle charging...

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Tractors Market Size Worth USD 115.65 Billion in 2032 | Emergen Research

Increase in tractor sales across the globe and rising demand for organic food products are major factors driving the market revenue growth Vancouver, Jan. 25, 2024 (GLOBE NEWSWIRE) — The global tractors market size was USD 75.73 Billion in 2022 and is expected to register a revenue CAGR of 4.3% during the forecast period. Increase in tractor sales across the globe and rising demand for organic food products are major factors driving the market revenue growth. According to Tractor & Mechanization Association (TMA) figures, overall domestic tractor volumes increased 13% to 945,311 units in FY23, up from 842,266 units in FY22. According to the sector, the main reason for meeting this high sales target is a rise in Minimum Support Prices (MSP), which has resulted in increased agricultural revenue as well as another year of above-average...

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ACNB Corporation Reports Fourth Quarter and 2023 Financial Results

GETTYSBURG, Pa., Jan. 25, 2024 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $4.1 million, or $0.48 per diluted earnings per share, for the three months ended December 31, 2023 compared to net income of $10.2 million, or $1.20 per diluted earnings per share, for the three months ended December 31, 2022. Compared to the three months ended September 30, 2023, net income and diluted earnings per share for the three months ended December 31, 2023 decreased $4.9 million and $0.58, respectively. The Corporation reported net income of $31.7 million, or $3.71 per diluted earnings per share, for the twelve months ended December 31, 2023, a decrease of $4.1 million compared to the twelve months ended December 31,...

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APPlife Digital Solutions, Inc. Announces Key Appointments to Lead Strategic Partnerships for its LeSalon Beauty Subsidiary

SAN FRANCISCO, Jan. 25, 2024 (GLOBE NEWSWIRE) — APPlife Digital Solutions, Inc. (OTCQB: ALDS) (“APPlife”, the Company”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions proudly announces today the appointment of two dynamic professionals to its newly acquired LeSalon Beauty (“LeSalon”). Sarah Uphoff (“Pantera Sarah”) and Grace Fernandez join the LeSalon team as Co-Directors of Strategic Partnerships and will leverage their industry experience and contacts to forge strategic partnerships, ambassador relationships, celebrity sponsorships, and corporate alliances, all with primary objectives of enhancing LeSalon’s visibility and to establish a solid foundation for the anticipated expansion into the U.S. market over the coming months. Pantera Sarah, known for her exceptional...

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Boralex will release its 2023 fourth quarter financial results on March 1st

MONTREAL, Jan. 25, 2024 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 fourth quarter results will take place on Friday, March 1st, 2024, at 11 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time         Friday, March 1st, 2024, at 11 a.m. ET To attend the conference Webcast link: https://edge.media-server.com/mmc/p/8m4vgbb8 To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone. Media...

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Risk Strategies Acquires Professional Risk Associates

Physician-focused agency adds to National Healthcare Practice BOSTON, Jan. 25, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Professional Risk Associates, Inc. (PRA), a Virginia-based specialty healthcare insurance agency helping medical professionals manage a wide range of risks and liabilities. Terms of the deal were not disclosed. Founded in 1989 and licensed in 36 states, PRA counts over 6,000 medical professionals as clients nationwide, with much of its business focused in the mid-Atlantic region. Though primarily focused on helping physicians manage their medical professional liability risks, the firm also offers clients specialized help with many of the exposures present in a modern medical practice including government...

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