Vaso Corporation announced its financial results for Q1 2026, reporting total revenue of $19.4 million, a slight 0.5% decrease compared to the same period last year, mainly due to divesting its healthcare IT service business. Despite the revenue dip, gross profit rose by 1.9% to $11.6 million, and net loss narrowed to $887 thousand from $1.1 million in Q1 2025. The company experienced negative cash flow of $12.6 million due to timing of payments but saw an 11.6% increase in deferred revenue. Vaso remains cautiously optimistic for 2026, expecting stronger performance in later quarters and plans to manage uncertainties prudently.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
