Jun Asakawa, Co-founder & CEO of Pale Blue (left in photo) and Yuya Nakamura, President and CEO of Axelspace Axelspace Corporation (“Axelspace”), a leading microsatellite company committed to making “Space within Your Reach,” has entered into a service agreement with Pale Blue Inc. (“Pale Blue”), a company that develops, manufactures, and sells thrusters (engines) for…
Transnet is a state-owned freight, rail, port and pipeline logistics company in South Africa. (Image source: Transnet Facebook page) Transnet is appealing a recent court ruling that dismissed its urgent bid to force IT services provider Gijima to complete critical data migration and disengagement work following the expiry of a R1.5 billion IT contract. ITWeb…
SpaceX is reportedly set to receive a massive $2 billion contract from the U.S. government to develop a new array of military satellites, according to the Wall Street Journal. This funding is specifically earmarked for building up to 600 satellites capable of tracking both missiles and aircraft. Read: OpenAI prepares for potential $1 trillion IPO…
An executive roundtable discussion, hosted by Workday and Evisort, introduced a compelling dialogue on how the contract lifecycle process today can be enhanced and transformed using both artificial intelligence and automation. The focus was on accelerating compliance and extracting strategic enterprise-wide insights, helping legal, procurement and finance functions create strategic value. The room was peppered…
Transnet is a state-owned freight, rail, port, and pipeline logistics company in South Africa. The North Gauteng High Court has dismissed an urgent application by Transnet to compel IT services provider Gijima to complete critical data migration and disengagement services after the end of a R1.5 billion IT tender. Despite the contract reaching its stated…
Risk Insights had a deal with the JSE to use AI-powered rating tools to advance ESG reporting for listed companies. The dispute between Risk Insights and the JSE is intensifying, with both parties giving conflicting accounts over the status of a contractual relationship. The disagreement comes amid scrutiny of Risk Insights founder Anushka Bogdanov’s claimed…
An Alabama contract worker was arrested and criminally charged in connection to the death of a toddler who was left for hours inside a hot car, prosecutors said Friday. Kela Stanford, 54, is accused of one count of leaving a child or an incapacitated person unattended in a motor vehicle resulting in serious physical injury,…
In commercial deals, contracts underpin everything from property sales to shareholder exits – shaping outcomes and mitigating risk, and can be the difference between a smooth exit or a legal crisis. Miss a clause, and you may be betting your business on a technicality. PJ Veldhuizen, MD of specialist commercial law firm Gillan & Veldhuizen…
WASHINGTON — The U.S. Department of Justice said on Tuesday that a Chinese state-sponsored contract hacker was arrested last week in Italy at the request of Washington, but the arrested man claimed he is a victim of mistaken identity. Xu Zewei, 33, was arrested on July 3, the Justice Department said, adding a nine-count indictment…
