Beontag is set to invest more than USD $60 million in equipment, machinery, and tenant improvements over the next two years to bring this manufacturing facility to the highest international operational standards that the company is known for around the world.

The site, which was announced in November last year, marks another step in a whirlwind 2024 for the expanding global company, which has just celebrated its 40th anniversary. 

Ardagh Metal Packaging and Crown Holdings finance AI and robotic technology for a California recycling facility with a 50% revenue share.

Jambo, a leading builder of web3 mobile infrastructure, today announced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to offer millions of Jambo phone users in over 120 countries, with easier access to peer-to-peer crypto payments through the Lif3 mobile app.

Founded by serial entrepreneur and web3 investor Harry Yeh, Lif3’s strategic collaboration merges its innovative DeFi ecosystem with Jambo’s expertise in mobile technology tailored for emerging economies, facilitating developing countries’ access to the world’s financial market.

Emerging markets face unique challenges that require innovative solutions for real problems. In regions like Africa, where 57% of the ~1.5bn population remains unbanked and 50% without access to a smartphone, the collaboration between Jambo and Lif3 is designed to address these issues by providing secure, user-friendly access to real-time crypto payments.

This initiative will empower millions by facilitating enhanced connectivity, improved security, and streamlined access to digital financial services. Additionally, the Lif3 mobile app will be pre-installed on the JamboPhone, complemented by quests and educational programs to help users familiarize themselves with the new technology while earning rewards.

Speaking about the partnership, Harry Yeh, Managing Director of Quantum FinTech Group, said, “Lif3 is committed to unlocking financial opportunities for everyone, everywhere. By partnering with Jambo, we’re simplifying access to decentralized financial solutions, including crypto payments and AI-integrated solutions. This is a pivotal step toward bridging economic gaps and transforming lives in emerging markets.” Adding to this, James Zhang, co-founder of Jambo said, “In many regions across emerging markets, an entire family shares one smartphone and a family member can only use it for a few hours a day. Owning a JamboPhone opens up new possibilities–like discovering a new life. By embedding Lif3 directly within the Jambo ecosystem, we're making it easier than ever for users in emerging markets to safely and efficiently engage with the digital economy. The integration of Lif3 into the JamboPhone is a game-changer for crypto payments, opening new pathways to economic participation that were previously unimaginable.”

The partnership will feature pre-installed Lif3 apps on all JamboPhones globally, allowing users to get their crypto wallet instantaneously and engage in a host of DeFi features integrated within the Lif3 ecosystem. The initiative also plans to include educational programs to assist new users in navigating the web3 space safely and becoming savvy digital citizens.

The Jambo and Lif3 collaboration not only enhances access to digital technologies but also paves the way for financial inclusion in regions where traditional banking has been out of reach. This initiative directly targets the gap in financial services, aiming to bring the unbanked into the economic fold and ignite economic growth from the ground up.

About Jambo

Jambo (https://jambophone.xyz/) – The Most Globally Distributed DePIN Smartphone. Jambo's vision is to bring emerging markets on-chain through building the largest web3 mobile infrastructure network. Jambo is backed by investors globally, including Paradigm, Tiger Global, Pantera, Delphi and more.

Jambo is onboarding the next billion users to web3 with the JamboPhone 2, a premiere web3 Android smartphone starting at only $99 preloaded with the world of web3 at their fingertips. The Jambo Ecosystem is preinstalled on the phone and features web3 mobile games, wallets, payment infrastructure, and more.

About Lif3

Lif3.com is revolutionizing the blockchain industry with its omni-chain DeFi ecosystem and curated Layer-1 blockchain. The self-custody Lif3 Wallet, available on the App Store and Google Play, empowers users by unlocking the full potential of Web3, transforming consumer DeFi, Gaming, iGaming, music, entertainment, and more. $LIF3 is currently listed on Bitfinex, Bitmart, and MEXC.

About Quantum Fintech Group

Quantum Fintech Group is a private investment group founded in 2020, and is focused on providing superior returns in the alternative asset space focusing specifically on blockchain investments.

A report from Airbnb found that hosts in Osceola County with a single listing earned an average of $14,700 last year.

Universal Orlando and a company that helped make its “Race Through New York Starring Jimmy Fallon” ride have settled a lawsuit.

Scottie Scheffler capped off the biggest year in golf in nearly two decades by winning the biggest prize in golf.

Scottie Scheffler capped off the biggest year in golf in nearly two decades by winning the biggest prize in golf.

Monday morning, Cooper held his seventh annual “Coop’s Catch for Kids” charity fishing tournament, which benefits pediatric cancer research. Cooper’s first tournament in 2016 raised $60,000. This year’s event has brought the grand total to more than $1 million.

Suffering from a severe case of midlife crisis? Just won the lottery and need some ideas on what to spend it on? If your answer is "yes" to one or the other (or both), you might be interested in purchasing one of the ten Batman Tumbler replicas being made by Warner Bros. Discovery Global Consumer Products (WBDGCP) and Relevance International.

Volkswagen to invest up to $800 million more in Rivian technology  25 News Now

Volkswagen Boosts Bet on Rivian’s EV Technology by $800 Million  Bloomberg

Volkswagen to invest up to $800 million more in Rivian technology  25 News Now

L&T Technology Services acquires US-based Intelliswift for $110 million  Business Standard

The latest fundraising round included participation from multiple Canadian entrepreneurs such as the CEOs of Roblox and Shopify.

Read more: Canadian fintech Neo Financial secures multimillion funding round

A commercial roofing firm in Baltimore County is under scrutiny for inflating costs to fix a county-owned building and paying less than a minority-owned subcontractor it partnered with would have been entitled to.

Holcim US announced a planned investment of around $100 million in its flagship Ste. Genevieve, Mo., production plant, expanding capacity by over 600,000 metric tons of cement while also reducing net CO2 emissions. 

Mycocycle, the biotechnology company using fungi to transform construction debris into reusable materials, received a new round of funding that will help it further scale its waste-to-value chain.

I'll share the story of my first business exit and what I've learned through my education, certification and evolution in the business of exit planning.

Was your community among the 102 to receive $12.7 million in federal grants to promote workplace safety, health training and education? Check it out!

Wispr Flow provides voice dictation that works in every app on Macs with auto-edits and AI commands.

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[New Zimbabwe] THE Reserve Bank of Zimbabwe (RBZ) says local companies recently struggled to snap up US$25 million floated on the market in a development indicating limited ZWG availability in the market.

"DCSA plays a critical role in executing Trusted Workforce 2.0 objectives as the largest provider of personnel vetting services," Heather Green said.

The post DCSA rolling out continuous vetting to a million more feds first appeared on Federal News Network.

In the first three weeks of October, USPS delivered 97.8% of mail-in ballots on time within its one-to-five-day standard for first-class delivery.

The post USPS delivers millions of mail-in ballots, resumes normal operations in hurricane-struck states first appeared on Federal News Network.

For some, TSP (with its generous government match) will provide one-third to as much half the money they have to spend in retirement. Regardless of the percentage, it’s a lot. So how do you become a TSP millionaire?

The post Wanna be a TSP millionaire: Have you got the right stuff? first appeared on Federal News Network.

Meat company JBS confirms it paid a $11 million ransom following its recent cyberattack

The 720p resolution plan with advertisements is currently available in 12 territories. #netflix #streaming

Humanitarian crisis in Gaza: 2 million at risk of famine

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Entrepreneur Emmet Stephenson and his daughter are giving $150 million to City of Hope to fund an award for innovation research in pancreatic cancer. It's the largest single gift the center has received.

Unless officials take action to develop new medications, drug-resistant infections could kill nearly 2 million people a year in 2050.

Meat producer BrucePac is recalling nearly 10 million pounds of meat and poultry products sold at Trader Joe's, Target, Kroger and other retailers because they might be contaminated with listeria.

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Lawmakers agree to shelve the California Journalism Preservation Act, which aimed to revive the struggling news business by forcing Google to pay for news content it distributes.

Santa Clara County fraudster Dennis Fountaine fled sentencing last month. Fountaine was convicted of three felony counts of grand theft by fraud. He also admitted to the aggravated white-collar enhancement for defrauding four victims of over $350,000.

On Tuesday, Metro General Manager and CEO Randy Clarke proposed a budget for the next fiscal year that includes massive layoffs and dozens of service cuts as the agency faces a $750 million deficit.

Researchers confirm the terror bird fossil 20 years after its South American discovery, comparing the creature to a massive, carnivorous-like ostrich.

By Lee van der Voo, High Country News…

Birmingham cycle bid for community funding.