Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website content writing, content auditing, tech writing, promotional writing, business writing, editing, research, copywriting, copyediting, and content visualization. Her hobbies include reading, music, and cooking.
Spatial data and mapping platform NextBillion.ai has reportedly secured a Series B funding of USD 21 million initiated by Mirae Asset Venture Investments. Current investors Alphawave, Lightspeed, and Microsoft’s venture arm M12 also participate...
Read MoreNeso Brands, a subsidiary of eyewear unicorn retailer Lenskart, has reportedly secured a seed funding of USD 100 million. SoftBank?, KKR, Temasek, and ?Alpha Wave Global? were the investors involved in the seed round. Neso Brands stated that it wi...
Read MorePasqal SAS, a leading manufacturer of quantum processing units, and automotive giant BMW Group have reportedly extended their collaboration to apply quantum computing to enhance car design. This collaboration comes following the win registered by ...
Read MoreMicrosoft Corporation has reportedly beefed up its security service offerings with three new services, developed to help organizations identify and respond to cybersecurity instances like ransomware. The tech giant is the leading provider of cloud...
Read MoreThe Government of India will possibly accept financial bids for selling the Shipping Corporation of India (SCI) by September 2022 after demerging non-core assets. Under the process of the strategic sale, the government is spinning off the Shipping...
Read MoreState-run power producer NTPC (National Thermal Power Corporation) Ltd is planning to import 20 MT (million tonne) of fuel and expedite the expansion of coal-fired capacities. According to credible sources, NTPC is also increasing its capacity of ...
Read MoreSembcorp Marine has reportedly merged with the larger marine and offshore unit of Keppel Corp for USD 6.29 billion (S$8.7 billion). This move comes one year after the Temasek-backed companies commenced deal discussions amid a sector downturn. The ...
Read MoreMasdar, a UAE-government-owned renewable energy company, and Egypt’s Hassan Allam Utilities have signed a deal with state-backed organizations in Egypt that will see both parties working together for the development of mega green hydrogen proje...
Read MoreLiqid, a leading software firm offering composability of data centers, has reportedly introduced the world’s fastest NVMe storage to M&E (Media & Entertainment) professionals at the 2022 NAB Show. The company’s software-defined...
Read MoreBasis Investment Group, a national CRE (commercial real estate) equity, and debt investment platform, has reportedly entered an origination partnership with commercial bank Genesis Bank. The collaboration represents the first time a woman-owned CR...
Read MoreENEOS Corporation and TotalEnergies SE have reportedly inked a joint venture (JV) agreement to develop B2B onsite solar distributed generation throughout Asia. The agreement is a 50-50 joint venture between the two key players with a plan to devel...
Read MoreGodrej Industries Ltd has reportedly launched Godrej Capital, its financial services arm, which will also be the holding organization for Godrej Finance and Godrej Housing Finance. The conglomerate has planned to invest around USD 197 million (Rs ...
Read MoreThe UNNC (University of Nottingham Ningbo China) has officially launched its first interactive learning laboratory, ‘V-ROOM’. This lab has been designed to create a more engaging and interactive teaching environment through cutting-edge V...
Read MoreAmerican aerospace manufacturer Boeing Company has recently announced the deepening of its strategic partnership with a technology corporation, Microsoft Corp. This expanded collaboration is geared towards accelerating the digital transformation of t...
Read MoreOver 3,000 workers at about 60 companies across the United Kingdom will reportedly participate in a four-week working week trial. This pilot scheme is the biggest initiative to take place worldwide. Employees from a broad range of charities and bu...
Read MoreSea Limited, a Singapore-based global consumer internet company, has reportedly announced its intention to cease its e-commerce unit Shopee in India. This announcement comes along the heels of the county’s decision to ban Free Fire-Sea&rsquo...
Read MorePropertyGuru Group Ltd, a leading property tech firm in Southeast Asia, has reportedly appointed Shyn Yee Ho-Strangas as the Managing Director for the DSS (Data and Software Solutions) business. Shyn Yee joins the Leadership Team of the Group and ...
Read MoreTransforming air traffic management into a more interoperable, automated, modular and scalable system will potentially reap rewards from developments in virtualization and digital technologies. Seamless high-performing airport operations, advanced ai...
Read MoreBeiGene Ltd., one of the leading Chinese commercial-stage biotechnology firms focused on commercializing and developing innovative medicines, has reportedly announced that it has received approval from the NHSA (China National Healthcare Security Adm...
Read MoreLarsen & Toubro (L&T), a construction engineering company, has reportedly announced plans to recruit over 1,100 graduate & post-graduate trainees in 2021. This pool of talent will then be deployed for construction management, project mana...
Read MoreWhite Ops has recently announced its acquisition by NightDragon, ClearSky Security, and Goldman Sachs Merchant Banking Division, collectively known as Sponsors. The Sponsors have acquired this cybersecurity company from previous investors namely Grot...
Read MoreGroup Nine Media, a digital media holding company, has reportedly formed an SPAC with an aim to raise funds from the public markets. Sources familiar with the matter have stated that Group Nine is creating a SPAC with an objective to drive asset a...
Read MoreEntegris, Inc., a leading advanced materials & process solutions provider, has recently announced an investment of nearly $200 million in a manufacturing facility in Taiwan. The new initiative will allow the company to expand its footprint in the...
Read MoreThe social media giant Facebook Inc. has reportedly announced plans to integrate a new feature into WhatsApp that will enable users to make audio and video calls on its desktop version. The instant messaging app has been working on this new feature f...
Read MoreWhatsApp Inc, the world’s leading instant messaging social media platform, has reportedly announced plans to roll out pension products and micro-insurance products in India by end of 2020. Sources cite that WhatsApp will collaborate with SBI...
Read MoreThe agreement marks a working collaboration between the companies, aimed at developing and displaying health and wellness features in future automobiles The collaboration indicates Faraday’s founding vision of creating an innovation- &...
Read MoreThe Crestbridge Limited, a U.S-based firm providing a comprehensive range of outsourced fiduciary, accounting, administrative, and compliance services, has reportedly announced the acquisition of Ovation Fund Services. The acquisition has significant...
Read MoreBevCanna Enterprises Inc., a cannabinoid-infused beverage manufacturer, has recently entered a definitive agreement with privately-held Naturo Group. Under the agreement, the company will acquire all Naturo’s issued & outstanding securities...
Read MoreEcoppia, a PV solar panel cleaning solution developer, has recently announced the signing of a 450-MW project with a solar energy player, Azure Power. This project has currently reached the advanced stages and is scheduled to become operational at th...
Read MoreCovetrus, the U.S-based leading firm offering animal-health technology and services, has reportedly announced that it has exited all 72 transitional services agreements with its former parent firm Henry Schein Inc. The final departure marked a pivota...
Read MoreHospitality firm Oyo has reportedly laid off another 600-800 employees as it prepares for a move towards a leaner business model. Sources familiar with the matter have claimed that most of the workers are from the operations and renovation department...
Read MoreAmazon founder Jeff Bezos is looking to taking one major leap for womankind. The billionaire has reportedly announced that his spaceflight services company Blue Origin LLC will carry the world’s first women to the moon. Mr. Bezos made the an...
Read MoreBrazil’s GOL Linhas Aéreas Inteligentes S.A. has reportedly become the first carrier in the world to resume commercial flights with the Boeing 737 MAX. Starting from December 9, the airline’s first MAX flight will resume operation ...
Read MoreJefferies Group LLC, an investment banking company, and KB Securities, the largest Investment Bank in South Korea, have recently entered a co-brand alliance to conduct equity research, sales, & trading in South Korea. Under the latest deal, th...
Read MoreStarting from December 1, Canadian people have an exclusive opportunity to discover Nissan’s latest cars from the comfort of their home, office, or anywhere else with a new virtual experience platform named ‘Nissan Studio’. Whether ...
Read MoreAmazon subsidiary AWS recently introduced a new custom chip for training machine learning models, dubbed AWS Trainium. According to the company, the next-gen chip, launched at the re:Invent developer conference, is designed to deliver better performa...
Read MoreMidOcean Partners, the U.S-based private equity organization focused on leveraged buyouts, growth capital investment, and recapitalizations in middle-market companies, has reportedly acquired Denver-based FullSpeed Automotive from CenterOak Partners....
Read MorePaytm Money, an Indian e-Commerce payment system, has reportedly forayed into the broking sector through the launch of IPO investments on its platform. Under the latest feature, the retail investors will be able to apply for investments in IPOs (Init...
Read MoreDr. Reddy’s Laboratories, a Hyderabad-based pharmaceutical company, and Glenmark Pharmaceuticals have reportedly inked a contract. This pact is regarding the acquisition of the select anti-allergy brands of Glenmark in Uzbekistan, Kazakhstan, U...
Read MoreFitbit, a renowned American consumer electronics and fitness company, has reportedly announced that JMDC would now be the exclusive distributor of Fitbit premium for its enterprise customers throughout Japan. Since 2016, JMDC, which holds the mant...
Read MoreThe Canadian Government’s commitment towards creating a sustainable, clean energy future that would strengthen its economy, create new jobs, and support its natural resource sectors was reflected recently when the Minister of Natural Resources ...
Read MoreNWA Hogs Painting, a professional painting company in Arkansas, has reportedly announced its investment in a new dustless sanding tool. NWA Hogs is among the few companies in the state that produce this type of tool. The product delivers a cleaner pa...
Read MoreThe U.S. has reportedly announced support from 49 countries, representing 2/3rd of the global economic output, for its ‘Clean Network’ initiative. People with knowledge of the matter have stated that the recent initiative is aimed at limi...
Read MoreLightbox, an innovative producer of consumers fashion jewelry, has reportedly opened an advanced manufacturing facility worth $94 million in Gresham, Oregon. Following the successful completion of the facility construction on the 60...
Read MoreGoogle, an American technology company, has reportedly announced its new innovation where its Pixel & Nest products will be manufactured using recycled material. The move implies that Pixel 4a, Pixel 5 smartphones, and the newly launched 2nd-gene...
Read MoreGoogle and Temasek to form an agreement for investing a whopping share in Indonesian e-commerce giant-Tokopedia. The deal is yet to reach a final formal conclusion. Ever since COVID-19 pandemic hit the world, brick and mortar stor...
Read MoreQuibi Holdings LLC, a media company, is reportedly shutting down its operations, just 6 months after the launch of a streaming service by the company. The streaming service, which was launched in April, served up shows in the format of 5 to 10-min...
Read MoreJio Platforms, an Indian digital service company, has recently announced the testing and development of a 5G RAN (radio access network). This 5G RAN can transfer data at the rate of more than 1-GB per second. As per the statement made by Mathew Oo...
Read MoreDeutsche Telekom and Stratospheric Platforms Limited (SPL) have reportedly conducted the world’s 1st successful 4G voice & data connectivity demonstration. The demonstration has been made by flying at the stratosphere edge and fully integra...
Read MoreHyundai Motor Co. is reportedly reviewing plans to expand its Kona EV (electric vehicle) recall across the globe. The step has been taken by the automotive manufacturer following several reports of batteries catching fire. As per the statement mad...
Read MoreWalmart and Flipkart, the e-Commerce giants, have reportedly announced an investment in Ninjacart, a tech-driven supply chain platform. Walmart is a multinational retail corporation, operating a chain of grocery stores, discount department stores,...
Read MoreChina has recently launched Gaofen-13 into a geostationary orbit, onboard the country’s orbital launch vehicle, Long March 3B, from Xichang. Following an hour after the launch of the Gaofen-13 satellite, the China Aerospace Science & Tec...
Read MoreThe Indian government has recently announced the approval of incentives under a federal plan to significantly boost the production of smartphones in the country. Under this initiative taken by the Government of India, 16 smartphone companies, incl...
Read MoreLetsGetChecked, an Irish at-home testing company, has reportedly selected American Airlines as a partner for its pre-flight COVID-19 testing program. The partnership has been entered to significantly help kickstart international tourism and travel. ...
Read MoreThe Walt Disney Company, a mass media & entertainment conglomerate, has recently laid off 28,000 employees from the theme park business. The huge job-cut plan has been initiated due to the massive economic downturn posed by limited attendance ...
Read MoreKiadis Pharma, a renowned Dutch pharmaceutical company that makes NK cell based medicines to treat critical life threatening diseases, and the GCRBC (Gulf Coast Regional Blood Center), a US based blood components supplier to more than 170 healthcare ...
Read MoreOYA Solar, a leading solar development company, has reportedly announced that it has closed a $35 million construction and interconnection funding from state-sponsored financial entity and division of NYSERDA, NY Green Bank. The financing wo...
Read MoreTrueLayer, a UK-based financial API provider, has recently raised a Series C financing round worth $25 million. The latest investment will take the total funding amount secured by the company to $72 million. Headquartered in London, United Kingdom...
Read MoreCoinEx, a leading cryptocurrency exchange service company, has reportedly announced that it would be listing the OneSwap ONES token, the first company to do so. The enterprise also unveiled the ITO (Initial Trade Offering) event subsequently. OneS...
Read MoreThe Chainsmokers, an American electronic DJ & production duo consisting of Drew Taggart and Alex Pall, has reportedly closed Mantis, a debut venture fund, with $35 million. The production duo has a few major-league believers such as Ron Conway...
Read MoreGeneral Motors, an American vehicle manufacturer, is reportedly exploring options to enter the aerial taxi market via the development of ‘flying cars’. This is a part of the automaker’s strategy to drive business growth in the relat...
Read MoreYouTube, a video-sharing company, has recently announced the launch of YouTube Shorts, a short-form video experience service. The new feature will initially be launched in India in the next few days, with an aim to considerably expand access and i...
Read MoreReliance Industries Limited (RIL), a multinational conglomerate, has reportedly raised above $30 billion (?2.2 lakh crore) via stock sales. Reports suggest that the company is expected to go on a shopping spree as several businesses are extremely ...
Read MoreAB Science SA, a France-based pharmaceutical company, announced that conceptual reporting results from its Phase 2B/3 AB07002 study in primary progressive multiple sclerosis (PPMS) and non-active secondary progressive multiple sclerosis (nSPMS) has b...
Read MoreBroadcaster MediaWorks, a television, radio, & interactive media company, and Discovery Inc, a media giant, have reportedly reached a binding agreement. The agreement is related to the sale of the free-to-air TV business of MediaWorks to Discover...
Read MoreDunzo, an Indian delivery service provider, is reportedly planning to raise nearly $28 million, as a part of its Series E funding round. As per reliable sources, the recent fundraising event was led by investors namely Lightstone Fund S.A and Goog...
Read MoreReliance Retail Ventures, a subsidiary of Reliance Industries, has reportedly announced the acquisition of above 1,700 stores owned and operated by a retail company, Future Group. The ?247.13 billion ($3.38 billion) takeover deal also inclu...
Read MoreNeuralink, a neurotechnology company, has reportedly announced a mission to develop the next-gen brain implants that connect machines to the human brain. The latest computer chip developed by the neurotechnology company has been demonstrated in a pig...
Read MorePulsar, a personal protective equipment manufacturer, has reportedly secured a new funding from HSBC UK via Coronavirus Business Interruption Loan Scheme. This new funding will support the continuity of the company’s operations as well as the d...
Read MoreMultinational technology giant, Apple, has recently hit a $2 trillion market capitalization, becoming the 1st publicly traded company in the U.S. to reach this milestone. The recent market cap is double in valuation in a period of nearly 2 years. ...
Read MoreThe Executive Centre has reportedly announced a partnership deal with a software platform solution provider, Anytime Mailbox. The collaboration has been signed by The Executive Centre (TEC) to enter the digital mailbox business as well as develop ...
Read MoreKhaleeji Commercial Bank, a leading Islamic banking company in the Kingdom of Bahrain, has recently announced the launch of a ‘Cashback’ campaign for its credit card holders. Under this new plan, the clients will gain a 1% cashback on the...
Read MoreA court in Texas has reportedly ordered Apple, a multinational technology company, to pay over $500 million (around ?3,742 crores). This $500 million fine is related to the damages & interest for 4G patent infringements held by PanOptis, an intel...
Read MoreHutchison China MediTech Ltd. (Chi-Med) has recently received scientific advice from the EMA (European Medicines Agency’s) CHMP (Committee for Medicinal Products for Human Use). This scientific advice is related to surufatinib, an angio-immuno ...
Read MoreIndusInd bank has reportedly acquired more than a 7% stake in McLeod Russel India and Eveready Industries India by invoking the pledged shares. This Indian commercial bank, which has been offering transactional, commercial, and electronic banking ser...
Read MoreEU (European Union) regulators have recently opened an in-depth investigation of the acquisition deal announced by Google for Fitbit, a fitness tracking device maker. The executive commission of the EU has stated that the acquisition of Fitbit by ...
Read MoreRussia has recently announced its target to start the mass production of a COVID-19 vaccine in September and increase the number to several million doses per month by 2021. The head of the fund which finances the clinical trials, Russian Direct Inves...
Read MoreSII (Serum Institute of India) has reportedly gained the approval of the DCGI (Drugs Controller General of India) to conduct the Phase 2, 3 COVID-19 vaccine trials. The vaccine, COVISHIELD, has been developed by Oxford University, in collaboration wi...
Read MoreBandhan Financial Holdings, the stock promoter of Bandhan Bank, will reportedly be selling shares worth $1.4 billion or ?10,500 crore, via block trades on stock exchanges. The deal has been planned to lower the stock promoter’s shareholding in ...
Read MoreTesla, Inc., an EV & clean energy company, is currently open to licensing software and supplying powertrains & batteries to other automakers that are struggling to manufacture electric cars. The company is anticipated to attract new automaker...
Read MoreTencent, a Chinese technology giant, has reportedly offered to purchase Sogou, a search engine, in an agreement worth nearly $2 billion (over ?14,969 crore). The deal has led to an increase in Sogou’s shares by 48% in New York. Sohu.com., a ...
Read MoreFintech firm Equifax has reportedly acquired a leading credit reporting company, Ansonia Credit Data. The financial terms of the agreement are yet to be disclosed. As per the terms of the purchase deal, the credit reporting company will be combine...
Read MoreABC Financial, a leading technology and related service provider, has recently announced its acquisition of a fitness sales management tools provider, GymSales. The acquisition will amplify the company’s strategy to become a holistic club manag...
Read MoreLG Chem has reportedly collaborated with a photovoltaics company, SolarEdge Technologies, to bring the LG RESU10H (9.8kWh, 400V) battery that is compatible with SolarEdge inverters. The homeowners can power their home via a cost-effective and reli...
Read MoreAIIMS Ethics Committee has recently approved the clinical trial of Covaxin, India’s indigenously developed vaccine in the fight against the COVID-19 disease. The premier hospital is expected to start enrolling patients or volunteers from 20th J...
Read MoreGoogle, a multinational technology giant, is planning to invest $4.5 billion in Jio Platforms, a subsidiary of Reliance Industries Limited (RIL). Through this investment, Google will join the list of global investors, which includes Facebook, that ar...
Read MoreAbacus, a San Francisco-based AI startup, has recently announced that its commercial deep learning service has gone live, with 1-800-Flowers and other customers. Additionally, the company has raised $13 million in Series A funding round, led by Index...
Read MoreThe UK government has reportedly announced an investment support of GBP 40 million for the development of small modular reactors (SMRs) and advanced modular reactors (AMRs). As per a government-commissioned report, it is recommended that UK’s n...
Read MoreChina Everbright Ltd. and Terminus Technologies have recently announced the joint launch of the ‘CEL AI Economy Fund’ to raise ¥10 billion. So far in Phase 1, the institutional investors have invested over ¥7 billion. The launc...
Read MoreGroupe ADP has reportedly invested ?4,565 crore ($683 million) in the 2nd tranche of investment to conclude the deal and purchase a 49% share in GMR Airports Limited. In the 1st tranche of investment made on 26th February, the company has infused ?5,...
Read MoreClean Streak Ventures has reportedly acquired Top Dog Express Car Wash & Oil Change and announced its partnership agreement with Clean Machine Car Wash. Additionally, the company has reportedly announced the acquisition of 3 locations of Blue Wat...
Read MoreIntel Capital Corporation is reportedly planning to invest $253 million to obtain a 0.39% stake in the largest mobile network operator in India, Jio Platforms. Intel will become the 11th financial services company to make investments in Reliance Indu...
Read MoreAtlas Renewable Energy has reportedly inked a large-scale PPA (power purchase agreement) with Dow, a multinational chemical corporation. This PPA has been signed by the two companies for the Jacaranda photovoltaic solar facility in Juazeiro, Bah&iacu...
Read MoreDSM, a Dutch multinational corporation, has reportedly acquired a portion of a Swiss specialty chemicals company, Clariant’s AM (additive manufacturing) material business. This partial takeover will enable DSM to cater to the rapid product d...
Read MoreIterum Therapeutics plc, a pharmaceutical company, has recently announced the topline results from the SURE1 (Sulopenem for Resistant Enterobacteriaceae) clinical trial. This clinical trial has been conducted for the treatment of uUTI (Uncomplicated ...
Read MoreRegional Express (REX), an Australian airline, has reportedly announced its intention to operate limited domestic jets in 2021. According to John Sharp, Deputy Chairman of Rex, the plan will serve as an incremental extension for the airline to sta...
Read MoreKKR & Co, a global investment firm, has recently acquired nearly 11.9% stake in First Gen Corp., a power developer in the Philippines, for $192.2 million. The stake acquisition will involve First Gen’s 427 million common shares and be carri...
Read MoreApple, a multinational technology company, has reportedly acquired Fleetsmith, the startup that automates Apple device management. In addition to this San Francisco-based startup, several other companies namely Jamf, Mosyle, and Addigy have develo...
Read MoreScout RFP, a cloud-based strategic sourcing & procurement solutions provider, has recently announced a new partnership with the AI-driven analytics & insights platform, Suplari. Under the partnership deal, joint customers can integrate visibi...
Read MoreFacebook, a social media company, has reportedly announced that it will pull Oculus Go, the entry-level VR headset, off the market. Recently, Facebook has lowered the price of this VR headset, which was launched 2 years back, to $149 (nearly ?11,3...
Read MoreThe IMB (Institute of Medical Biology) at the CAMS (Chinese Academy of Medical Sciences) has recently stated that Chinese researchers have started the Phase 2 COVID-19 vaccine trial. The 2nd phase of this potential coronavirus vaccine has been commen...
Read MoreUC Health and the University of Cincinnati are reportedly planning to initiate a Phase 3 clinical study of the COVID-19 vaccine, mRNA-1273. This front-runner vaccine has been developed by the collaborators at Moderna and the NIAID (National Institute...
Read MoreGoogle, a multinational technology company, is reportedly booting its online website, The Federalist, for publishing discriminatory content related to the ongoing protests over police violence. Sources familiar with the matter have stated that The...
Read MoreFacebook, the social media company, has reportedly announced the results from its DFDC (Deepfake Detection Challenge), where the highest-performing model has achieved a 65.18% average precision. The Deepfake Detection Challenge was created as a mo...
Read MorePiaggio India, a motor vehicle producer, has recently launched an e-Commerce platform for its Vespa and Aprilia brands with 2 exclusive online stores. This online sales channel will significantly help cater to more customers, while ensuring regulator...
Read MoreNintendo, a Japan-based consumer electronics & video game company, has recently updated a notice on a major privacy breach. On top of the 160,000 accounts being compromised during the initial hack in April, 140,000 additional accounts are expecte...
Read MoreSterling and Wilson Solar (SWSL), a leading provider of EPC solutions and unit of construction group Shapoorji Pallonji, has successfully commissioned the development of the Amin Solar PV project in Oman. This has created a major landmark for the com...
Read MoreRent-A-Center, Inc. has recently announced changes in executive leadership to ensure the long-term success of the company. According to Mitch Fadel, Rent-A-Center’s CEO, the company has established its ability to rapidly execute, innovate, a...
Read MoreFacebook has reportedly invested in Gojek, a ride-hailing & food delivery company in Indonesia, with an undisclosed sum. Matt Idema, chief operating officer of WhatsApp, has stated that the two companies share the goal of driving the financial...
Read MoreLeading Chinese manufacturers in the solar power supply chain, are reportedly being forced to reduce the prices as COVID-19 pandemic leads to the disruptions of the energy projects. The prices of wafers, cells, and other components have been slash...
Read MoreOncodesign has recently announced the commencement of its strategic alliance with HitGen in IDD (Integrated Drug Discovery) Services. The alliance has been formed for the progression and identification of new drug entities, including the discovery an...
Read MoreCoalition, the cyber insurance & security leader, has recently announced that it has raised Series C funding worth $90 million. Valor Equity Partners led this funding round, with participation from Greyhound Capital, Felicis Ventures, and existin...
Read MoreVFMCRP (Vifor Fresenius Medical Care Renal Pharma) & ChemoCentryx, Inc. have recently announced the topline data from its 46 patient Phase 2 dose-ranging trial. The trial has been conducted for the orphan kidney disease, primary FSGS (Focal Segme...
Read MoreNovocure and Zai Lab Ltd. have recently announced the MAA (Marketing Authorization Application) approval from the China NMPA (National Medical Products Administration). The approval has been given for the use of Optune, in combination with temozolomi...
Read MoreAmazon Web Services has recently announced the launch of an enterprise search tool, Amazon Kendra, which is powered by ML (machine learning). The company stated that the tool will cater to natural language queries by providing high-quality results...
Read MoreMelody Investment Advisors has recently announced the acquisition of 90% of the wireless tower business Uniti Towers, from Uniti Group Inc., a real estate investment trust. The purchase deal amounts to nearly $220 million in cash, as well as ...
Read MoreFacebook owner, Mark Zuckerberg has recently made an announcement that the majority of the company employees shall be given permission to work from home throughout the end of 2020. With a significant organization taking this step, it can be a clear i...
Read MoreThe Care Workforce app has reportedly been launched by the UK government, developed in collaboration with the NHSX and NHSBSA. The app will assist nurses and other social care workforces by offering support and valuable information to ensure their...
Read MoreCalifornia, a western U.S. state, is reportedly suing Lyft and Uber for classifying the drivers as contractors rather than employees. The lawsuit is a part of the new state law that aims at giving more labor protections to gig workers, such as access...
Read MoreDoug Hurley and Bob Behnken, NASA astronauts, are set for a Demo-2 mission, on a SpaceX Falcon 9 rocket in Crew Dragon capsule, which will be launched on 27th May from the Kennedy Space Center. The launch of this rocket at 4:32 p.m. ET will create hi...
Read MoreGoogle had made an announcement in the previous year regarding its efforts to acquire Fitbit, which has now been put under scrutiny by the Department of Justice. If the acquisition is completed the $2.1 billion purchase will be considered the largest...
Read MoreWhatsApp, a messaging and Voice over IP service, has reportedly registered a decline in forwarded messages by 70%. This can be attributed to the messaging app as it imposed new restrictions regarding the sharing of COVID-19 related information and cl...
Read MoreTech giants, Apple & Google, are reportedly adding new security features to the contact tracing technology that was developed to inform people who may have been exposed to the coronavirus. This contact tracing technology has been under develop...
Read MoreNewLeaf Brands Inc. has recently signed a share swap agreement to acquire 50% of Levee Street Holdings, LLC for $450,000 cash available for distribution (CAD) in common shares. Levee Street was founded by Greg Kassanoff to infiltrate the alte...
Read MoreFormFree, a leading fintech credit decisioning services provider, has recently announced its partnership with a leading infrastructure company, Ocrolus. Ocrolus ensures 99% accuracy in the documents that it transforms into actionable data. Its Passpo...
Read MoreThe U.S. crude oil futures have recently dropped below $0 and turned negative for the 1st time in history due to the coronavirus pandemic that has hindered its demand. The price was settled at minus $37.63 per barrel, as traders paid to supply the oi...
Read MoreIllinois American Water, the largest investor-owned water and wastewater services company, has reportedly announced the acquisition of the water system in the Village of Leonore. The acquisition will increase the number of customers by approximately ...
Read MoreMicrosoft Corporation and GE Healthcare have recently formed a partnership to launch a cloud-based, COVID-19 patient monitoring software platform. This platform will enable healthcare professionals to remotely monitor coronavirus-infected patients. ...
Read MoreThe U.S. FDA (Food and Drug Administration) has reportedly announced that the government scientists will review lab tests data of patients that have antibodies to coronavirus. In mid-March, the FDA loosened its regulatory standards on companies th...
Read MoreMaruti Suzuki, an automobile manufacturer, has recently announced a 32% drop in production of vehicles in March amid the 21-day lockdown in India. The nation’s largest carmaker has reportedly stated that it produced a total number of 92,540 ...
Read MoreComtech Telecommunications Corp. has recently announced that its Mission-Critical Technologies group has received an order to provide mobile satellite equipment to the United States Army. The order consists of an additional $9.1 million funding on th...
Read MoreFacebook, an American social media and technology company, has recently launched a new app called ‘Tuned’ for iOS devices, which is aimed at offering private space for couples. The introduction of this new messaging app has been carried o...
Read MoreUber, an American multinational ride-hailing company, is reportedly rolling out a new feature designed for drivers to find new jobs during the coronavirus crisis. Due to the sharp decline of the company’s taxi businesses, it is planning to list...
Read MoreSamsung Electronics Co. Ltd., one of the leading South Korean electronics companies, has reportedly announced plans to introduce sustainable, eco-friendly packaging across its Lifestyle TV product portfolio, taking a significant step towards lowering...
Read MoreThe content from Disney+, a subscription video on-demand streaming service, is officially available on Hotstar, an Indian over-the-top streaming service, after a slight delay. Various devices that can get access to the new Disney+ content on the H...
Read MoreHon Hai Precision Industry Co., Ltd. (Foxconn) has recently announced the possible launch of the latest 5G iPhones in autumn despite disruptions caused by global coronavirus crisis. The company, which has built a successful partnership with Apple,...
Read MoreMaruti Suzuki Limited has reportedly announced a nearly 47% year-on-year fall in its overall sales during March, recording a sale of 83,792 units. The slump in sales can be attributed to the recent government orders to halt the operations during a na...
Read MoreRedrock Biometrics, a leading provider of palm-based biometrics, has recently announced its plan to waive PalmID® license fee to several businesses that are deemed essential. This strategic move, which is expected to last for 1 year or more,...
Read MoreMedtronic plc, a medical tech, services, and solutions company, has recently announced that the SPYRAL HTN-OFF MED Pivotal Trial, has met its primary and secondary endpoints. The Pivotal Trial, which accompanies the SPYRAL HTN-ON MED Trial & SPYR...
Read MoreEdison International, a public utility holding company, has recently pledged $1 million to local nonprofit organizations in California. These organizations offer foods, critical services, and other necessities to vulnerable, coronavirus-affected comm...
Read MoreClients First Business Solutions and Cleo have recently announced a partnership to cater to the rising customers demand for multi-channel e-Commerce ecosystem integration. The purpose of the partnership will be fulfilled by serving the customers&rsqu...
Read MoreGameStop, an electronics retail company, has recently updated its customer service and store operations in the United States, amid the recent coronavirus outbreak. The company will temporarily halt customer access to storefronts, start processing ord...
Read MoreLyft, Inc., an American ride sharing company, is reportedly expanding its operations by including the delivery of medical supplies and food services amid ongoing COVID-19 pandemic. The move of expanding its network of services through its on-demand t...
Read MoreRealWear, Inc. has recently announced the integration of Microsoft Teams with its voice-controlled, Android HMT-1 headsets. The company is a manufacturer of hands-free wearable computer devices to bring about digital transformation in the industry. ...
Read MoreAround, a Bay Area Startup, has recently announced a $5.2 million seed funding, led by Initialized Capital and Floodgate, to transform video calling for 21st century workplace. The company’s new video calling service adopts innovative technolog...
Read MoreCo-Creation Hub (CcHUB), an African technology-oriented center, is reportedly planning to raise funds and offer engineering supports for technical projects aimed at curbing the spread of COVID-19 disease. This support will help reduce the adverse imp...
Read MoreSouth Korea’s Samsung Electronics recently disclosed plans to mass produce the first 512GB embedded Universal Flash Storage (eUFS) 3.1 for use in flagship smartphones. The new chip apparently crosses the 1GB/s performance threshold in smartp...
Read MoreCopenhagen Airport (CPH) is reportedly planning to cut back operations in the upcoming period, due to the ongoing health crisis caused by the coronavirus outbreak. The company will also put several large and small projects as well as investment plans...
Read MoreOptimizeRx Corp., a provider of unique physician and consumer platforms & strategies, has recently launched a free, interactive text messaging alert program to educate the general public about the COVID-19 outbreak. The digital health company is ...
Read MoreGoogle Cloud platform recently announced the launch of a new enterprise-grade service, Cloud AI Platform Pipelines that will facilitate developers with a single tool to deploy their ML pipelines, along with tools for monitoring and auditing them. The...
Read MoreDeepCrawl, a pioneering technical SEO platform, has recently raised Series B funding worth $19 million, led by Five Elms Capital. The funds will primarily be used for research and development as well as sales & marketing to drive DeepCrawl’...
Read MoreLiquidX, an international network for illiquid assets, has reportedly added Emirates NBD, a leading bank in MENAT region, to its network for expanding its geographic presence in the Middle East. The partnership is aimed at leveraging the strong trade...
Read MoreStarbucks Corporation, an American coffeehouse chain, has recently announced a temporary suspension regarding the usage of personal refillable cups and tumblers. The coffee chain has reportedly undertaken this move as an initiative to curb the spread...
Read MoreBayerische Motoren Werke AG (BMW), a German multinational automobile company, has recently released details regarding its latest electric concept car, BMW Concept i4. The Concept i4 is slated to enter production by 2021. The introduction of this n...
Read MoreWendy’s, an international fast-food chain, has recently introduced a new promotion, offering the Honey Butter Chicken Biscuit for free to customers who order online from its app. This promotion has been offered as a celebration of the recent ro...
Read MoreHeathrow airport’s third runway expansion plan has recently been declared as illegal by the UK appeals court on environmental grounds. The Paris climate agreement to mitigate greenhouse gas emission has been considered in the ruling, which has ...
Read MoreSuperior Essex Communications, a manufacturer and supplier of communications cable, has recently announced the launch of its new, totally revamped website. According to Superior Essex Communications’ President, Brad Johnson, the company&rsqu...
Read MoreUnited Parcel Service, a package delivery and supply chain management company, is reportedly set to make a $216 million investment for the expansion of its facilities at the Memphis International Airport. The expansion marks the sixth amendment of th...
Read MoreShree Malani Foams Pvt. Ltd., a leading sleep solutions manufacturer in India, has recently announced plans to start the construction of a PU foam manufacturing facility in Odisha. The company has incorporated the best in technology to emerge as a ma...
Read MoreExpedia Group, an online travel shopping company, has recently announced its plan to lay off 3,000 employees, i.e. 12% of its workforce, following the disappointing performance in 2019. Through the strategic lay off, the company is striving to simpli...
Read MoreUAE’s federal export credit firm, Etihad Credit Insurance (ECI) has recently announced that it has inked a partnership deal with Saudi Fund for Development (SFD) for financing and offering credit insurance to safeguard non-oil exports of Saudi ...
Read MoreT-Mobile, a renowned wireless network operator, and Sprint Corporation, an American telecommunication company, together announced that they have reached a new conclusion for their megamerger deal. This should open ways for both companies to finish...
Read MoreUber Technologies Inc., a multinational ride-hailing company, has recently announced the closing of its Los Angeles office, reportedly laying off nearly 80 employees in the process. Without advance notice, the employees under the company’s cust...
Read MoreManhattan’s federal judge has given a green signal to both the firms, allowing them to move forward with this merger. After a yearlong battle against the T-Mobile and Sprint merger, New York’s Attorney General, Letitia James has finall...
Read MoreTASI Group, a provider of test, measurement, inspection, and assembly, has recently announced the acquisition of Cassel Messtechnik GmbH. TASI and Cassel are customer-service companies that deliver word-class solutions and services to bring about val...
Read MoreTLC recently announced that the patient enrollment in TLC590’s Part 2 of Phase II clinical trial has been completed earlier than it was originally scheduled, which is being performed at four sites across the United States. For the record, TL...
Read MoreA new solar probe jointly built by European and the United States space agencies has recently been set off on a blazing journey towards the sun. The mission was launched to capture an unprecedented view of the sun’s polar regions. The spacecraf...
Read MoreNURVV, a wearable technology and biomechanics startup, has reportedly raised a Series A funding worth $9 million, led by Hiro Capital. The funding was made to launch the company’s debut product NURVV Run, to the global market. The product was r...
Read MoreBakkt, a bitcoin and cryptocurrency platform, has recently added Bridge2 Solutions to its increasing list of offerings for both consumers and merchants. This leading SaaS platform technology company will be acquired by Intercontinental Exchange Inc.,...
Read MoreCenter Rock Capital Partners, LP has made an announcement that LINC Systems, its distributor of industrial supplies and fastening solutions, has acquired R.V. Evans Company. R.V. Evans is a fellow packaging distribution and industrial fastener platfo...
Read MoreThe company is planning to expand its higher ed learning platform by improving course materials and digital textbooks. Canadian software company, Top Hat has managed to secure $55 million from its Series D funding round, which was co-led by Inovi...
Read MoreJetex, a Dubai-based general aviation trip support company, has recently announced the inauguration of a new VIP terminal at Morocco’s Marrakech Menara Airport. This flagship Jetex VIP Terminal, the first of its kind in Marrakech, represents a ...
Read MoreAfter years of experimentations, plant-based food products have finally managed to make a place in consumer’s diets. After the success of Burger King’s Impossible Whoppers, various food chains have now decided to jump on the plant-based b...
Read MoreSea Ltd. announced that its digital entertainment divisions, Garena has acquired Phoenix Labs, developer of co-op action role-playing game (RPG) Dauntless video game. This is a major acquisition for Garena, the maker of the smash hit f...
Read MoreBlackstone Group, a multinational private equity firm, has recently raised its proposed offer to buy Unizo Holdings, by 12%, i.e. $1.75 billion (191.6 billion yen). With this sweetened proposal worth 5,600 yen per share (hike from previous 5,000 yen ...
Read MoreBrazil and India have reportedly inked 15 new agreements on 25th Jan 2020, when India’s Prime Minister, Narendra Modi met with Jair Bolsonaro, the President of Brazil. Through the new contracts, India looks to make new ties with Latin American ...
Read MoreHelen of Troy Ltd., a renowned US-based developer, and marketer of beauty, health and home products, reportedly announced the completion of acquisition of California based haircare product retailer, Drybar. The company acquired the salon chain for ab...
Read MoreFlutterwave, a Lagos and San Francisco-based company, has recently raised $35 Mn through a Series B funding round. The company has also announced a partnership with a payment processing company, Worldpay FIS to scale up payment services in Africa. ...
Read MoreOntrack, LLC, a renowned data recovery service provider, has reportedly announced Gold Corporate Member status with PPA (Professional Photographers of America). The members of PPA could now receive special member discounts and benefits provided by On...
Read MoreNanox Imaging, an Israeli medical imaging startup, reportedly announced that it raised $26 million in an investment round, which was led by its strategic investor Foxconn. The total valuation of the company has reached $55 million after this new inve...
Read MoreFitbit- a California based fitness wearables company has reportedly rolled out SpO2 sensors in its devices, enabling users to track their blood oxygen levels. In terms of percentage, between 95% to 100% of blood oxygen level is considered to be norma...
Read MoreLeidos, a global and FORTUNE® 500 leader in integrating information technology, has recently formed a strategic partnership with Clarify Health Solutions, a leader that delivers advanced health systems and solutions. The main aim behind the merge...
Read MoreFocal Systems, a leading California based retail automation solutions provider, and Connors Group, a renowned management consultancy that specializes in workforce performance and productivity improvement, have reportedly announced a new partnership t...
Read MoreBardot, a fashion retail brand, is planning to downsize some of its outlets in Australia. According to credible reports, the brand aims to shut down its 58 outlets over the next two months. Specifically, about 56 of these outlets are set to be closed...
Read MoreKrispy Kreme, a renowned American Doughnut company, has reportedly introduced mini doughnuts to its permanent menu. These are simply a miniature versions of the company’s four most popular doughnuts. The doughnut company is encouraging the peop...
Read MoreAiqudo, a US-based voice technology company, reportedly announced a new collaboration with BYTON, a renowned Chinese electric vehicle brand. Under this agreement, Aiqudo’s Voice AI platform would be used in BYTON’s electric cars. The V...
Read MoreAllied Wallet China, the Chinese division of payment processing giant Allied Wallet, and Andy Khawaja, Founder of Allied Wallet, reportedly announced that the company would introduce a new technology this year that would facilitate more frictionless ...
Read MoreONGC (Oil & Natural Gas corporation), an Indian multinational crude and gas corporation, has reportedly extended the deadline date until January 3 to accept bids from private players who are keen in operating its 64 producing fields. Earlier t...
Read MoreA U.S. District Court Jury rewarded some of the biggest names in the music industry a massive amount of $1 billion for the damages caused by Cox Communications, a renowned broadband communications and entertainment company, over piracy infringement. ...
Read MoreCaltex, a renowned Australian petrol station brand working under Chevron, would now disappear from the region. The brand would be reverting back to its old retail name Ampol as its license agreement with Chevron was terminated. The company reporte...
Read MoreThe Chinese government on Thursday ordered Chinese tech companies to clean up how they handle user data or be ready to face possible penalties. Chinese tech giant Tencent was also included in the list of companies being targeted. This order is the...
Read MorePerfect Day, a US-based food technology startup that has innovated new processes of creating dairy products by using casein, reportedly announced that it raised $140 million in a Series C funding round. This investment round was led by Temasek with e...
Read MoreBayswater Resources, a renowned Colorado based oil and natural gas firm, and York Tactical Energy Fund, a private investment fund run by York Capital Management investment professionals, have reportedly signed a new agreement to establish a strategic...
Read MoreU.S.-based food startup, FoodMaven Corp. has a unique business model that offers imperfect and oversupplied food to foodservice providers and restaurants. Recently, the company announced securing $15.3 million from its Series B funding round. Acco...
Read MoreBilfinger, a global provider of engineering and industrial services, announced that it has secured a multimillion-dollar maintenance contract from Abu Dhabi Transmission & Despatch Company, (TRANSCO). Under the terms of the three-year blanket ...
Read MoreVertosa, a renowned California based cannabis as well as hemp infusion technology company, reportedly announced that it has closed a $6 million Series Seed Funding Round which was co-led by the New York based Welcan Capital and California based AFI C...
Read MoreHalliburton, a renowned U.S. based oil field service company, has reportedly sent a notice to the Oklahoma Office of Workforce Development stating that it would be dismissing 800 employees due to slowdown in U.S shale growth. The Oklahoman agency rep...
Read MoreCryptocurrency is increasingly spreading its reach to business verticals worldwide. With Bitcoin ATMs, users can now buy cryptocurrency directly using cash. In a bid to strengthen its position in the cryptocurrency market, Miami-based Bitstop has rep...
Read MoreHSBC, the renowned British multinational investment bank, is reportedly planning to migrate its assets worth approximately $20 billion to a new blockchain-based custody platform. the company aims to complete the shift by March 2020. By deploying t...
Read MoreDecibel, a renowned UK based digital experience intelligence company, reportedly announced that it raised $17 million in a Series B investment round. Draper Esprit, one of the leading VC firms in Europe led the funding round. The company’s exis...
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