Virgin Orbit, the aircraft engineering arm owned by the British corporation Virgin Group, has reportedly planned to halt all operations starting Thursday in a bid to keep up with its finances. According to reports, almost all workers in the satell....
Biotechnology startup, Science, has recently launched a new platform called Science Foundry, to help other companies develop medical devices easily. Companies seeking to build a start-up can use the infrastructure of the platform and avail the facili....
Shell's recently retired CEO's pay reportedly increased by over 50% to roughly £10 million ($11.9 million) in 2022, with an added bonus, which was described as jaw-dropping by protesters. The overall compensation for Ben van Beu....
Tesla Inc., the leading U.S.-based automaker, reportedly planned to decrease manufacturing costs in the coming generations of vehicles by half, engineers informed investors on Wednesday, however, CEO Elon Musk did not introduce a much-anticipated sma....
Tesla, leading electric vehicle manufacturer, has reportedly announced the launch of its new engineering base in California, taking over Hewlett Packard's former Palo Alto premises. Elon Musk, the CEO of Tesla, shared the news on Wednesday while ....
ASML, the major Netherlands-based semiconductor company, has reportedly accused an employee from China of stealing data, related to its technology. The Dutch company claims that it has since informed the Dutch and the US authorities about the....
Fable Food, a mushroom-based meat alternative startup based in Australia, has reportedly raised $8.5 million in a Series A round. Fable Food will use the latest funds for research and development, and new meat products made from mushrooms are in t....
OpenAI, the U.S.-based AI research company and the maker of the popular AI chatbot ChatGPT, has reportedly planned to trial a subscription service in the United States. It stated that subscribers will gain access to the system even during peak period....
Asda, the well-known British supermarket chain, has reportedly unveiled a planned restructuring that will put hundreds of employees in danger and shift thousands to lower-paying positions. Apparently, this third-largest grocery store chain in the ....
The U.K.’s PM Rishi Sunak has reportedly defended the most recent round of leveling-up funds, which found the wealthier South East of England area receive more funding than the north-east. According to the prime minister, the north had obtai....
Normal air traffic activities are reportedly restarting in the United States after flights were suspended on Wednesday, according to the Federal Aviation Administration (FAA). The FAA stated that the issue was caused by a corrupt database file and....
Meta, the renowned American tech giant, has reportedly been slapped with a €390 million (US$413 million) fine for breaching the European Union data regulations. The Irish Data Protection Commission (DPC) stated that Meta's request for per....
Two-thirds of the U.K. consumers are reportedly intending to reduce their non-essential spending in 2023 due to concerns regarding the rising cost of living, according to a survey. Well-known accounting firm KPMG stated that 61% of customers in a ....
Twitter, the renowned social media platform, has reportedly rolled out its new view count feature where users can see how many views they got on their tweets. As per reports, this feature is available for iOS and Android users and will be accessib....
Allkem Limited, a specialty lithium chemicals company, has reportedly finalized the sale of manufacturer Borax Argentina to Golden Wattle Springs Pty Ltd (a group associated with MSR). Under this transaction, Allkem transferred all the issued shar....
Italy-based pharmaceutical company Abiogen Pharma S.p.A. has reportedly completed the acquisition of Altamedics GmbH, a German pharmaceutical distribution company, which is slated to become the first foreign branch of Abiogen. The acquisition, worth ....
Governor of Illinois JB Pritzker and the Illinois Department of Public Health (IDPH) has reportedly announced that the State of Illinois has been awarded $86 million in federal funding to reinforce the state’s public health workforce and infras....
World's most populace country, China, is reportedly extending lockdowns, including in the central city where factory workers recently clashed with police, as its COVID-19 cases hit a new record. According to sources, people in Zhengzhou's ....
Transition VC, a well-known venture capital fund, has recently announced the launching of its maiden fund with a corpus target of around USD 48 million (400 crores), which includes a greenshoe option of around UDS 24 million (200 crores). Apparent....
Oil prices in early Asian Trade rose slightly following the denial of media reports that Saudis were in discussions for increasing oil supply with OPEC and its allies made by Saudi Arabia The prices of oil slightly increased in Asian Trade recentl....
French manufacturing startup, Fairmat has reportedly secured $35 million (€34 million) in a Series A round of funding to facilitate its plans to transform carbon fiber composite, which is no longer used, into a material that can be used to devel....
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