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Tom Harrington

Westminster correspondent

Financial Firms Fuel AI Research: How Banks Lead in Generative AI Adoption

Financial firms fuel AI research and are spearheading innovation in regulated sectors. Major banks — including JPMorgan Chase, Capital One, RBC, Wells Fargo and TD — are deploying advanced AI systems in high-stakes environments, according to a new Evident...

Ex-Voyager CEO must pay $750K to customers after crypto platform’s collapse

Ex-Voyager CEO must pay $750K to customers under a court-approved settlement with U.S. regulators, marking a significant development in the long-running fallout from Voyager Digital’s collapse. Stephen Ehrlich, the former chief executive of the failed crypto lending firm, has been...

PharmaCyte Biotech Increases Stake in TNF Pharmaceuticals Around LightSolver License

PharmaCyte Biotech increases stake in TNF Pharmaceuticals, bolstering the licensing of LightSolver’s light‑based compute accelerator in cryptocurrency and blockchain applications. PharmaCyte reported over USD 55 million in total assets as of April 30, 2025 and is actively pursuing broader investment...

João Pessoa: The New Growth Frontier for Global Real Estate

When Established Markets Plateau London, New York, Dubai: the major capitals of international real estate are showing declining yields and prohibitive prices. Global investors are now turning to intermediate markets, still affordable, yet already displaying strong signs of sustainable growth. A...

Somnigroup Acquires Stake in Fullpower-AI, Securing Long-Term Rights to AI Sleep Platform

Somnigroup acquires stake in Fullpower-AI through a $25 million equity transaction, solidifying its long-standing partnership with the biosensing AI solutions provider. The strategic acquisition, disclosed on 7 August 2025, grants Somnigroup a 15.6% ownership interest and secures exclusive commercial...

Geospace Technologies Secures Heartbeat Detector® to Expand Perimeter Security Capabilities

Geospace Technologies Heartbeat Detector strategically enhances the company’s portfolio, traditionally rooted in seismic sensors and rugged industrial instruments. With the full acquisition of Heartbeat Detector® on 31 July 2025, the Texas-based firm continues its expansion into high-growth, recurring-revenue sectors. Originally...
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