IMCO

Open Fifth has bought a majority stake in Swedish company imCode, with the stated aim of building a Nordic base in library software. The deal consolidates the region's library technology market under Open Fifth, giving it an established Swedish operation to expand across Nordic markets.

Kimco Staffing Services has agreed to a $1.04 million settlement over a data breach affecting its records. The payout resolves claims tied to the exposure of personal information, though details on eligibility and payment timelines remain limited. The case adds to a growing list of companies settling data breach litigation as courts and consumers push harder over mishandled personal data.

The European Parliament's Internal Market and Consumer Protection Committee (IMCO) is holding a public hearing on the European Product Act, an initiative aimed at future-proofing EU product law. The discussion brings together policymakers and experts to examine how the EU's product rules can be modernised and made more coherent to keep pace with technological change and market developments.

BIMCO, the international shipping association, has named Grant Hunter as its Chief Technology and Data Officer. Hunter, a long-serving figure at the organisation previously leading its contracts and clauses work, will oversee the body's technology and data strategy. The appointment signals BIMCO's push to modernise digital standards and data services across the global maritime industry.