1. Gate City Bank partners with Lama AI
Gate City Bank has selected Lama AI to enhance its loan origination process, aiming to streamline workflows and improve customer service with generative AI technology. Source
2. Raichelle Kallery appointed CEO of The Savings Bank
Raichelle Kallery has been promoted to president and CEO of The Savings Bank, becoming the first female to hold this position in the bank’s 155-year history. Source
3. Binance CEO predicts crypto market peak in 2025
Richard Teng, CEO of Binance, forecasts that the crypto market will reach a new all-time high in 2025, bolstered by clearer U.S. regulations under the Trump administration. Source
4. Bitcoin price dips amid market fluctuations
Bitcoin’s price has fallen to around $104,000, while the Trump token sees a significant drop of over 20% as the crypto market experiences volatility. Source
5. Mitiga secures $30M for global expansion
Cloud security firm Mitiga has raised $30 million in Series B funding to enhance its cybersecurity solutions and expand its operations across North America and Europe. Source
6. CYFIRMA receives investment from MDI Ventures
CYFIRMA has secured a strategic investment from MDI Ventures to expand its cybersecurity services in Southeast Asia, particularly in Indonesia. Source
7. Deutsche Telekom’s brand value soars to new heights
Deutsche Telekom’s brand value has reached a record $85.3 billion, marking a 16.4% increase from the previous year, according to Brand Finance’s latest ranking. Source
8. Telstra International reveals future network plans
Telstra International has unveiled its vision for a highly autonomous network, aiming for over 800 Tbps capacity to meet increasing global data demands by 2030. Source
9. CityFibre begins broadband rollout in Kent
CityFibre has initiated a £112 million project to expand its gigabit broadband network to over 50,000 premises in rural Kent, enhancing connectivity in the region. Source
10. Subco integrates FiberSense tech in subsea cable
Subco has announced the addition of FiberSense detection technology to its SMAP subsea cable system, enhancing monitoring capabilities for potential disturbances. Source
