Microsoft has announced it will be partnering with the Elon Musk-backed OpenAI initiative in a bid to make "significant contributions to advance the field of AI". As part of its stated mission to 'democratise AI', Microsoft will work ...
Tags: Microsoft, Artificial Intelligence
US-based private-equity firm Graham Partners has acquired freeze-dried food provider Mercer Foods. However, the financial terms of the deal were not disclosed. Founded in 1980, Mercer Foods is a major producer of natural and organic ...
Paper packaging manufacturer Linpac, in collaboration with print partner Parkside Flexibles, has developed a variety of designs for its Rfresh Evolve rigid Vacuum Skin Packaging (VSP) trays to enhance shelf appeal. Manufactured from up to ...
Tags: Paper packaging, VSP Trays
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Microsoft is set to reveal more about its upcoming virtual reality headsets at two separate events in December. Last week, Microsoft announced that it was working with a bunch of different tech companies to build a shiny new range of VR ...
Tags: Microsoft, VR Headsets
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Bazooka Candy Brands, a division of New York based The Topps Company, has introduced a sugar free gum product, expanding its innovations in the confectionery space. The new product, Bazooka Sugar Free Gum, has been rolled out across ...
China has decided to remove administrative price controls on the salt market to foster competition, the country's top economic planner announced Sunday. The move will put an end to the nation's 2,000-plus-year state monopoly in the salt ...
Tags: Salt, Salt Market
The games firm will donate £2 from every copy of Mr Lister’s Quiz Shootout sold throughout October and November to the charity. Big Potato is partnering with the Movember Foundation, the charity that aims to get men and women ...
Tags: Big Potato, Mr Lister's Quiz Shootout, Movember Foundation
The costume firm has partnered with the LEGO Group and Warner Bros. Consumer Products to develop outfits inspired by characters from the upcoming film. Jakks Pacific’s costume division, Disguise, is set to create a new line of ...
‘Barbie, Hot Wheels Thomas & Friends and Bob the Builder are iconic brands and alongside these, we will continue to innovate and deliver a wide-range of fun educational products’, says Maped Helix’s Gray Richmond. ...
Tags: mattel, stationery, maped helix
A master supply agreement has established e2v inc of Milpitas, CA, USA (which provides solutions, sub-systems and components to the medical & science, aerospace & defense and commercial & industrial markets) as the global supplier of 100V ...
Pepperidge Farm and celebrity chef Jeff Mauro are partnering to make the perfect sandwich and offer exclusive deals on premium quality ingredients to Walmart shoppers. The nationwide campaign, “Sandwich with the Best,” ...
Tags: Pepperidge Farm, Walmart, Jeff Mauro