Elon Musk’s SpaceX raises $1.9 billion, reveals company in SEC filing
Date: 2020-08-20   Author: Pankaj Singh

SpaceX, the aerospace and space transportation giant has reportedly raised massive funding of $1.9 billion as disclosed in an SEC filing. As earlier reported by Bloomberg, the investment round was under talks and was s...

Read More
MOBILion secures $35 million from its latest Series B financing round
Date: 2020-08-19   Author: Pankaj Singh

MOBILion intends to expand the development of its product offerings for diagnostic applications and pharma QC MOBILion Systems, a Pennsylvania-based biotechn...

Read More
KHCB launches ‘Cashback’ offer on purchases for credit card holders
Date: 2020-08-17   Author: Saipriya Iyer

Khaleeji 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 client...

Read More
Texas court orders Apple to pay $500M for 4G patent infringements
Date: 2020-08-14   Author: Saipriya Iyer

A 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 infringe...

Read More
Tech Giant Google Transforms Android Phones into Earthquake Detectors
Date: 2020-08-13   Author: Pankaj Singh

American multinational technology company, Google has decided to transform its Android phones into earthquake sensors. The alerting feature was first rolled out in California. Google will start working with the U.S. Ge...

Read More
Microsoft Encounters Technical Issues in TikTok Bid, Risks Trump’s Ire
Date: 2020-08-12   Author: Pankaj Singh

In a bid that seems to be technically complicated, Microsoft announced plans to carve out parts of TikTok from ByteDance. The move, as per sources, risks the wrath of President Donald Trump's administration. Trump ...

Read More
IndusInd bank acquires 7% stake in McLeod Russel & Eveready Industries
Date: 2020-08-10   Author: Saipriya Iyer

IndusInd 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, commer...

Read More
Uber intends to purchase UK-based taxi tech company Autocab
Date: 2020-08-07   Author: Pankaj Singh

  This move would expand Uber’s geographical presence Uber also intends to extend its work-from-home date till June 2021...

Read More
Russia to produce COVID-19 vaccine & launch millions of doses by 2021
Date: 2020-08-05   Author: Saipriya Iyer

Russia 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 clini...

Read More
SII receives DCGI approval to conduct Phase 2,3 COVISHIELD trials
Date: 2020-08-04   Author: Saipriya Iyer

SII (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...

Read More
Bandhan Financial to sell shares worth $1.4 billion via block trades
Date: 2020-08-03   Author: Saipriya Iyer

Bandhan 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 p...

Read More
Tesla to start licensing software and supplying powertrains/batteries
Date: 2020-07-30   Author: Saipriya Iyer

Tesla, 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 anti...

Read More
Reliance becomes world’s second-ranked energy firm, overtakes Exxon
Date: 2020-07-28   Author: Pankaj Singh

  The Indian firm boosted early trading gains by around 2 percent on Monday. The digital platform Reliance Jio sold approximately 32.94% of the stake&...

Read More
Equifax to gain customized intelligence with acquisition of Ansonia
Date: 2020-07-27   Author: Saipriya Iyer

Fintech 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 ...

Read More
ABC acquires fitness sales management tools provider, GymSales
Date: 2020-07-24   Author: Saipriya Iyer

ABC 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...

Read More
Valr cryptocurrency exchange raises $3.4M via Series-A funding round
Date: 2020-07-23   Author: Pankaj Singh

South African cryptocurrency exchange, Valr, has reportedly announced that it has raised a value of $3.4 million in a Series-A funding round led by Bitmex’s parent organization, 100x Group. While 4Di Capital had ...

Read More
LG Chem-SolarEdge join forces to offer full home power backup solution
Date: 2020-07-22   Author: Saipriya Iyer

LG 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. ...

Read More
Milken Institute launches new alliance to enhance dementia care
Date: 2020-07-21   Author: Pankaj Singh

The Milken Institute Center for the Future of Aging has reportedly introduced the Alliance to Increase Dementia Treatment. The coalition will aim to change and strengthen the diverse health and long-term care services ...

Read More
AIIMS Ethics Committee approves Covaxin trial against COVID-19
Date: 2020-07-20   Author: Saipriya Iyer

AIIMS 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 pa...

Read More
Google to invest $4.5B in Jio to serve rising internet users in India
Date: 2020-07-17   Author: Saipriya Iyer

Google, 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, ...

Read More
Abacus’s commercial deep learning service goes live, raises $13M
Date: 2020-07-16   Author: Saipriya Iyer

Abacus, 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 Seri...

Read More
UK government announces GBP 40M investment support for AMR development
Date: 2020-07-15   Author: Saipriya Iyer

The 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 ...

Read More
Alleo Health System buys Cookeville-based Upper Cumberland Hospice
Date: 2020-07-14   Author: Pankaj Singh

The recently founded company, Alleo Health System has reportedly announced its acquisition of Cookeville-based Upper Cumberland Hospice and Palliative Care Services for an undisclosed amount. ...

Read More
Groupe ADP invests $683M to purchase 49% stake in GMR Airports
Date: 2020-07-10   Author: Saipriya Iyer

Groupe 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 Febru...

Read More
Clean Streak inks acquisition & partnership deals to expand footprint
Date: 2020-07-09   Author: Saipriya Iyer

Clean 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 acquis...

Read More
Uber officially takes over food delivery service Postmates for $2.6B
Date: 2020-07-08   Author: Pankaj Singh

American ride-hailing company, Uber Technologies, has reportedly announced that it has acquired food delivery service, Postmates, for a total worth of $2.65 billion. Sources claim...

Read More
ICMR’s Independent day vaccine Deadline is 'unfeasible', says IASc
Date: 2020-07-07   Author: Pankaj Singh

  The Indian Academy of Science( IASc) has become the new voice to criticize the Indian Medical Research Council's decision to launch a new coronavirus vaccine on 15 August ...

Read More
Intel plans to make $253M investment to obtain 0.39% stake in Jio
Date: 2020-07-06   Author: Saipriya Iyer

Intel 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 m...

Read More
Atlas signs large-scale PPA for Jacaranda PV solar plant with Dow
Date: 2020-07-03   Author: Saipriya Iyer

Atlas 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 sola...

Read More
DSM partially acquires Clariant’s AM material business portfolio
Date: 2020-07-02   Author: Saipriya Iyer

DSM, a Dutch multinational corporation, has reportedly acquired a portion of a Swiss specialty chemicals company, Clariant’s AM (additive manufacturing) material business. T...

Read More
Iterum announces topline results from SURE1 trial for uUTI patients
Date: 2020-07-01   Author: Saipriya Iyer

Iterum 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 t...

Read More
Regional Express intends to operate limited domestic jets in 2021
Date: 2020-06-30   Author: Saipriya Iyer

Regional 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, th...

Read More
KKR acquires 11.9% stake for $192.2M in Philippines-based First Gen
Date: 2020-06-29   Author: Saipriya Iyer

KKR & 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 mi...

Read More
Apple acquires device management software startup, Fleetsmith
Date: 2020-06-26   Author: Saipriya Iyer

Apple, a multinational technology company, has reportedly acquired Fleetsmith, the startup that automates Apple device management. In addition to this San Francisco-based startup,...

Read More
Scout-Suplari ink partnership to offer AI-driven insights to customers
Date: 2020-06-25   Author: Saipriya Iyer

Scout 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, join...

Read More
Facebook to discontinue sale of entry-level VR headset, Oculus Go
Date: 2020-06-24   Author: Saipriya Iyer

Facebook, 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 thi...

Read More
Disney announces plans to reopen Florida’s theme parks on 11th July
Date: 2020-06-23   Author: Pankaj Singh

The ongoing coronavirus pandemic has disrupted international travel plans, as lockdown measures have restrained people from moving around. As such, the travel industry has been the most affected by the pandemic with al...

Read More
IMBCAMS reveals Phase 2 clinical trial of COVID-19 vaccine in China
Date: 2020-06-22   Author: Saipriya Iyer

The 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 cor...

Read More
UC & University of Cincinnati to host Phase 3 COVID-19 vaccine trial
Date: 2020-06-19   Author: Saipriya Iyer

UC 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 a...

Read More
Google boots The Federalist & ZeroHedge for publishing racist content
Date: 2020-06-18   Author: Saipriya Iyer

Google, a multinational technology company, is reportedly booting its online website, The Federalist, for publishing discriminatory content related to the ongoing protests over police violence. ...

Read More
SyncMedia buys media tech start-up Adorithm for USD 1 million
Date: 2020-06-17   Author: Pankaj Singh

SyncMedia, the Gurugram-based firm offering full-suite analytics & advertising services, has reportedly acquired media-tech company Adorithm for USD 1 million.  Sources f...

Read More
Mapletree Investments buys Pune-based logistics park for ?300 crores
Date: 2020-06-16   Author: Pankaj Singh

Mapletree Investments Pte Ltd, the Singapore-based real estate development, investment, capital, and property Management Company, has reportedly invested ?300 crores in a logistics park project of Pune's KSH Infra ...

Read More
Facebook DFDC model achieves 65.18% precision to detect forged videos
Date: 2020-06-15   Author: Saipriya Iyer

Facebook, 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. ...

Read More
Piaggio launches e-Commerce platform for Vespa & Aprilia brands
Date: 2020-06-12   Author: Saipriya Iyer

Piaggio 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 cus...

Read More
Nintendo reveals major privacy breach of 140k additional accounts
Date: 2020-06-11   Author: Saipriya Iyer

Nintendo, 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...

Read More
FlipHTML5 introduces remote teaching resources for distance teaching
Date: 2020-06-10   Author: Pankaj Singh

Flipbook generator FlipHTML5 has reportedly announced that it is offering easy access to remote teaching resources to teachers and students further allowing them to create and share teaching materials irrespective of t...

Read More
Hanwha Group declares to take over Phasor Solutions antenna company
Date: 2020-06-09   Author: Pankaj Singh

Hanwha Group has announced its acquisition of Phasor Solutions Ltd., a British company specializing in the development of satellite communication antenna.   ...

Read More
Sterling and Wilson Solar commissions 1st solar PV project in Oman
Date: 2020-06-08   Author: Saipriya Iyer

Sterling 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 crea...

Read More
Rent-A-Center announces executive leadership changes to drive success
Date: 2020-06-05   Author: Saipriya Iyer

Rent-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...

Read More
Facebook invests in Gojek to drive financial inclusion & businesses
Date: 2020-06-04   Author: Saipriya Iyer

Facebook 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 s...

Read More
Chinese manufacturers slash prices as COVID-19 pandemic curbs demand
Date: 2020-06-02   Author: Saipriya Iyer

Leading 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. ...

Read More
ACCC plans to further investigate Qantas’s stake in Alliance
Date: 2020-06-01   Author: Pankaj Singh

The Australian Competition and Consumer Commission has reportedly announced that it would continue the investigation of the case concerning the acquisition of some stake by Qantas Airways in Alliance Airlines. ...

Read More
Microsoft in discussions with Jio Platform for an investment worth $2B
Date: 2020-05-29   Author: Pankaj Singh

Microsoft Corp. has been under negotiations for an investment of up to US$2 billion into Jio Platforms Ltd, the company of Indian billionaire Mukesh Ambani. The latter falls under the digital unit of the most valued co...

Read More
Seattle startup DefinedCrowd raises USD 50M in Series B round
Date: 2020-05-28   Author: Pankaj Singh

From Silicon Valley to Shanghai to London, AI start-ups have been growing considerably since the past few years. From time to time, one encounters incidences of AI companies raising a considerable amount of capital aim...

Read More
Mercedes Benz India reveals finance options to support customers
Date: 2020-05-27   Author: Pankaj Singh

As the COVID-19 pandemic is rapidly spreading across the globe, businesses worldwide are rethinking their strategies to survive in this tough period. The automotive industry is one such sector which is trying to innova...

Read More
Oncodesign-HitGen announce strategic partnership in IDD Services
Date: 2020-05-26   Author: Saipriya Iyer

Oncodesign 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 enti...

Read More
TCL joins hands with MBC to launch Android TVs in ‘Shahid’ app
Date: 2020-05-25   Author: Pankaj Singh

Chinese television major TCL Electronics Holdings Ltd., has reportedly announced an official partnership with Middle East and North Africa (MENA) based broadcasting company Middle East Broadcasting Center also called M...

Read More
Coalition raises $90M Series C round led by Valor Equity Partners
Date: 2020-05-22   Author: Saipriya Iyer

Coalition, 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 Capita...

Read More
Facebook creates ‘Shops’ platform to support businesses online
Date: 2020-05-21   Author: Pankaj Singh

California based social media giant and technology major Facebook Inc., has reportedly launched its online business platform Facebook ‘Shops’ to promote online sales in the critical economic situation faced...

Read More
Ergomed officially joins hands with DataRobot and Automation Anywhere
Date: 2020-05-20   Author: Pankaj Singh

Ergomed plc, a global company renowned for providing specialized services to the pharmaceutical industry, has reportedly announced the strategic collaboration of PrimeVigilance with Automation Anywhere, a global leader...

Read More
SoftBank plans to sell T-Mobile US shares to Deutsche Telekom
Date: 2020-05-19   Author: Pankaj Singh

  SoftBank intends to sell its T-Mobile U.S. shares It plans to raise a revenue of $41 billion Deutsche Telekom&rsq...

Read More
VFMCRP- ChemoCentryx announce topline data from Phase 2 LUMINA-1 trial
Date: 2020-05-18   Author: Saipriya Iyer

VFMCRP (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 di...

Read More
Novocure-Zai announce MAA approval for Optune to treat GBM patients
Date: 2020-05-15   Author: Saipriya Iyer

Novocure 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...

Read More
AWS announces launch of ML-powered search tool, Amazon Kendra
Date: 2020-05-14   Author: Saipriya Iyer

Amazon 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...

Read More
Melody acquires 90% of wireless tower business from Uniti Group
Date: 2020-05-13   Author: Saipriya Iyer

Melody 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, a...

Read More
Indian government to extend anti-dumping duty on 25 Chinese products
Date: 2020-05-12   Author: Pankaj Singh

In a bid to boost domestic manufacturing in India, Government authorities may extend anti-dumping duties and safeguard levies on around 25 Chinese products. This news comes amid the growing concern that a rapid influx ...

Read More
Facebook employees will have the option to work from home till 2021
Date: 2020-05-11   Author: Saipriya Iyer

Facebook 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 takin...

Read More
Government launches Care Workforce app to support social care workers
Date: 2020-05-08   Author: Saipriya Iyer

The 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 wor...

Read More
California sues Lyft and Uber for classifying drivers as contractors
Date: 2020-05-07   Author: Saipriya Iyer

California, 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 protection...

Read More
Indian Govt partners with telecom giants for COVID-19 contact tracing
Date: 2020-05-05   Author: Pankaj Singh

Despite being the second-most populous nation in the world, India seems to have successfully restrained the spread of the coronavirus virus as compared to other nations like the United States and Italy. Proactive ...

Read More
NASA astronauts set for Demo-2 mission on Falcon 9 rocket to ISS
Date: 2020-05-04   Author: Saipriya Iyer

Doug 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 rocke...

Read More
Mexican lawmakers plan to legalize cannabis for economic recovery
Date: 2020-05-01   Author: Pankaj Singh

Julio Ramón Menchaca Salaza, a Mexican Senator, is planning to be banking on legalization of marijuana to generate tax revenue in a bid to compensate for the economic distress caused by the COVID-19 pandemi...

Read More
SecurityTrax introduces new customizable cloud-based CRM Platform
Date: 2020-04-30   Author: Pankaj Singh

SecurityTrax, an Alarm.com Holdings Inc.’s company, has reportedly introduced a customizable cloud-based platform that integrates business operations of automation and security providers including CRM (customer r...

Read More
Google under the eye of Department of Justice over Fitbit acquisition
Date: 2020-04-29   Author: Saipriya Iyer

Google 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 purchas...

Read More
WhatsApp records 70% drop in forwards after imposing restrictions
Date: 2020-04-28   Author: Saipriya Iyer

WhatsApp, 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 COV...

Read More
Apple-Google add new security features to contact tracing technology
Date: 2020-04-27   Author: Saipriya Iyer

Tech 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. ...

Read More
NewLeaf signs share swap agreement to acquire 50% of Levee Street
Date: 2020-04-24   Author: Saipriya Iyer

NewLeaf 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. Le...

Read More
FormFree-Ocrolus tie up for income & employment verification program
Date: 2020-04-23   Author: Saipriya Iyer

FormFree, 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 ...

Read More
IBM reports low quarter, secures profit by high cloud services demand
Date: 2020-04-22   Author: Pankaj Singh

International Business Machine Corps. (IBM) recently reported a lower quarter as coronavirus pandemics hit software sales, as the clients began to focus on saving capitals. Subsequently, IBM has withdrawn the 2020 guid...

Read More
U.S. crude oil futures collapse below $0 amid coronavirus crisis
Date: 2020-04-21   Author: Saipriya Iyer

The 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, ...

Read More
United Airlines decides to sell 22 aircraft to Bank of China Aviation
Date: 2020-04-20   Author: Pankaj Singh

With the COVID-19 pandemic spreading worldwide, airlines have started to explore new avenues to sustain their businesses. Recently, United Airlines, a prominent American airline, made a similar move when it decided to ...

Read More
Illinois American Water acquires water system in Village of Leonore
Date: 2020-04-18   Author: Saipriya Iyer

Illinois 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 numbe...

Read More
Streaming giant Netflix surpasses Disney in terms of revenue
Date: 2020-04-17   Author: Pankaj Singh

With Disney’s resorts and parks shuttered across the world, not to mention, cinema theatres, due to the on-going COVID-19 pandemic, the company’s revenue has been rigorously compromised, paving the path for...

Read More
U.S. FDA compels government officials to review antibody tests data
Date: 2020-04-15   Author: Saipriya Iyer

The 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 ...

Read More
Lionsgate announces plans to stream popular movies on YouTube
Date: 2020-04-14   Author: Pankaj Singh

With movie theatres across the world closed because of the coronavirus outbreak, movie makers, distributors, and producers seem to be in quite a quandary. However, millions of people, under the lockdown, are choosing b...

Read More
Maruti Suzuki announces 32% decline in vehicles production in March
Date: 2020-04-13   Author: Saipriya Iyer

Maruti 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 ...

Read More
Samsung’s Lifestyle TV lineup to come with eco-friendly packaging
Date: 2020-04-06   Author: Saipriya Iyer

Samsung 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 s...

Read More
Maruti Suzuki sales for March fall 47% as COVID-19 effects loom
Date: 2020-04-02   Author: Saipriya Iyer

Maruti 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...

Read More
Aerojet Rocketdyne’s RL10 engine registers 500th flight with AEHF-6
Date: 2020-03-28   Author: Pankaj Singh

The sixth Advanced Extremely High Frequency (AEHF) satellite, the final release of a military communication satellite placed atop United Launch Alliance (ULA) Atlas V rocket of the U.S. Space Force had a successful lau...

Read More
Edison donates $1M to California nonprofits for COVID-19 relief
Date: 2020-03-27   Author: Saipriya Iyer

Edison 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 vulne...

Read More
Samsung 512GB eUFS 3.1 promises to bring SSD like speed to smartphones
Date: 2020-03-18   Author: Saipriya Iyer

South 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 n...

Read More
CPH plans to cut back operations and postpone projects & investments
Date: 2020-03-17   Author: Saipriya Iyer

Copenhagen 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 pl...

Read More
Google Cloud offers new tools to simplify machine learning workflows
Date: 2020-03-13   Author: Saipriya Iyer

Google 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 m...

Read More
DeepCrawl raises $19M Series B funding led by Five Elms Capital
Date: 2020-03-12   Author: Saipriya Iyer

DeepCrawl, 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 & mar...

Read More
EV giant Tesla to weigh Nashville for its new Cybertruck Gigafactory
Date: 2020-03-11   Author: Pankaj Singh

Following praising Tesla for assembling around a million electric vehicles, company...

Read More
LiquidX announces partnership with Emirates NBD to expand footprints
Date: 2020-03-09   Author: Saipriya Iyer

LiquidX, 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 aime...

Read More
British airline Flybe collapses putting more than 2,000 jobs at risk
Date: 2020-03-07   Author: Pankaj Singh

Flybe, a British airline based in Exeter, has reportedly gone into administration, putting nearly 2,000 jobs at risk, after an attempt to obtain fresh financial support fell through. ...

Read More
Sonata Software declares buyout of Customer experience Space, GBW
Date: 2020-03-06   Author: Pankaj Singh

Sonata has signed a definitive agreement to purchase Melbourne based GBW. The acquisition is expected to strengthen Sonata’s footprint in A...

Read More
Starbucks halts customers usage of personal cups over coronavirus fear
Date: 2020-03-05   Author: Saipriya Iyer

Starbucks 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 ...

Read More
BMW unveils features of Concept i4, slated to enter production in 2021
Date: 2020-03-04   Author: Saipriya Iyer

Bayerische 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 202...

Read More