latest news in companies
Naqi Logix Targets Post-Touch Computing Era with Strategic Wisear Acquisition
Vancouver, Thursday, 5 February 2026.
Naqi Logix finalized its acquisition of Wisear on January 29, 2026, establishing a European innovation hub. This integration accelerates the commercial scaling of non-invasive neural interfaces, aiming to redefine human-computer interaction.
Jerash Holdings Acquires Jordan Facility to Drive Major Production Expansion
New York, Thursday, 5 February 2026.
Jerash Holdings accelerates growth with a $3.4 million facility acquisition, aiming to add 2,500 jobs and significantly boost manufacturing capacity for major apparel brands by late 2026.
Datavault AI Targets $200 Million Revenue for 2026 Driven by New Licensing Agreements
New York, Thursday, 5 February 2026.
Datavault AI has announced an aggressive $200 million revenue target for fiscal year 2026, underpinned by $49 million in newly secured tokenization contracts. This projection aims to solidify a 1,000 percent growth trajectory from 2024, signaling a major strategic pivot despite recent market volatility.
Iris Energy Secures $3.6 Billion for AI Expansion Despite Quarterly Earnings Miss
Sydney, Friday, 6 February 2026.
Despite missing revenue estimates, Iris Energy validated its pivot to artificial intelligence by securing $3.6 billion in financing to support its massive infrastructure agreement with Microsoft.
Strike Looms at BP’s Largest Midwest Refinery Following Failed Negotiations
Whiting, Friday, 6 February 2026.
As of February 5, 2026, the United Steelworkers union has advised employees at BP’s Whiting, Indiana refinery—the largest in the Midwest—to prepare for a potential strike or lockout. Following a decisive 98% strike authorization vote, negotiations stalled over contentious proposals involving AI surveillance and significant job cuts. With the facility processing 440,000 barrels per day, a work stoppage threatens to severely disrupt regional fuel supplies, marking a critical escalation in the standoff between labor and the British energy major.
Patterson-UTI Boosts Dividend by 25 Percent After Generating Strong Free Cash Flow
Houston, Wednesday, 4 February 2026.
Patterson-UTI increased its quarterly dividend by 25 percent following $416 million in full-year adjusted free cash flow, signaling operational confidence despite a $9 million fourth-quarter net loss.
