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Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali decided to pursue content development as a full-time career and has written several diverse articles. Her other interests include reading, binge-watching movies & web series, gardening and home décor.
The European Parliament recently approved the initial draft of a bill that prohibits targeted advertising based on sensitive data such as religious beliefs, sexual orientation, race, or ethnic origin. The bill especially aims to address big tech comp...
Read More >>StanPlus, the Hyderabad-based online ambulance aggregator, has reportedly raised USD 20 million in debt and equity during a funding round that was spearheaded by HealthQuad, Kalaari Capital, as well as HealthX Capital Singapore. The fundraisin...
Read More >>As a part of discussions on expanding the reach of India Israel Industrial R&D along with Technological Innovation Fund, the two nations have approved three joint R&D projects costing USD 5.5 million and discussed methods to develop a bigger ...
Read More >>American e-commerce giant, Amazon has recently announced its plans to boost the hiring spree at its major technology hubs located in Arizona and Texas. Reportedly, the leading web service provider is working towards addition of 2,500 openings at its...
Read More >>Hyundai and its luxury brand Genesis are reportedly planning to embed Apple's digital CarKey feature, which allows users to unlock their vehicles using the iPhone's Wallet app. This attribute could be available in the vehicles as early as sum...
Read More >>French automobile manufacturer, Renault’s higher value brands have reportedly performed solidly during the previous year, which has helped cushion the blow of an overall drop in the annual worldwide sales of the group. The automaker has curren...
Read More >>Audi AG reportedly sold 81,894 fully electric vehicles in 2021, marking a 57.5% increase over the previous year’s figures. However, it delivered 16,80,512 vehicles in total, which was 0.7% less than the volumes recorded in 2020. The firm had s...
Read More >>Nakilat, one of the largest LNG shipping operators in world headquartered in Qatar, recently announced partnership with ABS to develop an innovative decarbonization strategy. Since last few months, the maritime company’s project team has been ...
Read More >>Petronas has reportedly teamed up with Sarawak Shell Bhd in a joint study and collaboration agreement (JSCA) to explore opportunities and assist Malaysia in carbon capture and storage (CCS) and carbon dioxide (CO2) storage solutions. Under the terms...
Read More >>Paytm shares reportedly slumped 6% on Monday (11th January), closing at USD 15.6. The sharp decline is a 46% drop from the initial issue price of USD 28.90 during its stock market debut in November 2021. As per sources, the steep fall comes as broke...
Read More >>BMW outperforms its German competitor Mercedes-Benz for the first time in five years. In 2021, Mercedes-Benz sold 2.05 million vehicles as compared to 2.2 million sold by BMW. Mercedes-Benz lost to BMW in 2021 for the first time in five years, r...
Read More >>South Korea’s largest car-sharing platform SOCAR Inc. has reportedly filed for an initial public offering. The development comes amidst rumors that SOCAR could be a potential hot IPO as the leader in the subscription-based business model. The ...
Read More >>Combined VSAT (very small aperture terminal) operations led by Hughes and Airtel in India will provide a diverse range of satellite as well as hybrid network solutions for its government and business clients Indian broadband satellite provider, Hugh...
Read More >>Mercedes Benz has reportedly been working on matching the pace of EV leader, Tesla Inc. To that effect, the German luxury automaker has now reeled in experts from its highly acclaimed Formula One team to assist in developing the recently launched Vis...
Read More >>Hyundai Motors and its affiliate Kia are anticipating a 12% surge in their worldwide sales volumes in 2022, despite last year's sales falling short of expectations due to the global semiconductor crisis. For the record, in 2021, the firms sold 6...
Read More >>The CEOs of telecom giants AT&T and Verizon Communications have reportedly declined a request from the U.S. administration to delay the launch of 5G wireless service that is scheduled on 5th January. The delay was proposed to alleviate concerns o...
Read More >>Taiwanese technology giant Acer Inc. has reportedly filed a lawsuit against Volkswagen AG that involves the unauthorized use of Acer’s 4G network patents in the United States. The Volkswagen Group has been integrating several 4G mobile chips i...
Read More >>The U.S. Food and Drug Administration (FDA) has reportedly approved the first antiviral drug Paxlovid, which is developed by Pfizer to treat COVID-19, providing doctors with another tool to combat the virus and reduce the hospitalization rates. Paxl...
Read More >>Burgeoning threat of Omicron variant is compelling multiple governments to implement stringent regulations and drastic measures in order to curb the probable disruption. Recently, Israel hinted plans on introducing fourth dose of COVID-19 vaccine for...
Read More >>After delisting itself from the New York Stock Exchange, China Mobile Ltd. now planning to raise approximately USD 8.78 billion during its Shanghai IPO. This could potentially become the world's second-largest IPO (Initial Public Offering), sourc...
Read More >>A senior Senate Democrat recently expressed he would not back a USD 1.75 trillion domestic investment bill, putting the White House's plan to increase electric vehicle tax credits in jeopardy. West Virginia's Joe Manchin rebuked President Jo...
Read More >>Disney and Google have reportedly agreed to restore ABC, ESPN, and other channels to YouTube TV. The development comes just couple of days after an agreement dispute knocked them off the Google-owned streaming platform. Google stated that the price ...
Read More >>Health tech unicorn Innovaccer has reportedly raised USD 150 million in a Series E fundraising, which was led by Mubadala Capital. Sources claim that with the latest funding round, Innovaccer has tripled its valuation to USD 3.2 billion. For those u...
Read More >>Adani Green Energy Ltd (AGEL), one of the largest renewable companies in India, has reportedly signed a Power Purchase Agreement (PPA) with the SECI (Solar Energy Corporation of India) for supplying around 4.67 GW of renewable power. As per the comp...
Read More >>Toyota Motor Corporation has reportedly pledged USD 70 billion to electrify its vehicles by 2030, half of which will go toward developing a battery electric vehicle (BEV) lineup as it seeks to capitalize on the rapidly growing market for zero-emissio...
Read More >>Harley-Davidson is reportedly planning to take its electric-motorcycle division LiveWire public through a USD 1.77 billion SPAC (special purpose acquisition company) deal. This would make LiveWire the first publicly traded e-motorcycle company in the...
Read More >>Ford Motor Company is planning to triple the production capacity of its all-electric Mustang Mach E by the year 2023. The move should allow the automotive giant to cater to the growing EV demand, Ford CEO Jim Farley claimed. Interestingly, this is t...
Read More >>Google will offer USD 1,600 employee bonuses globally to support staff amid the COVID-19 pandemic. The company deferred plans to implement return-to-office given the concerns surrounding the new Omicron variant. Alphabet Inc.-owned Google LLC re...
Read More >>Simple Energy, India’s EV scooter startup will invest nearly $330 million in a new unit for production of electric scooters backed by the government in the southern state of Tamil Nadu. The Bangalore-based premium affordable EV provider is wor...
Read More >>Shares in food delivery and ride-sharing companies bounced back on 7th December, just days prior to the launch of a European Commission proposal that will define when couriers should be considered independent contractors, and when they should be rega...
Read More >>The duopoly between Google and Facebook has reportedly reinforced its hold on the Indian advertising market, due to growing budget allocations for digital media advertisements by several brands as they intend to capitalize on the increased time spent...
Read More >>Toyota Motor Corporation has reportedly partnered with Chinese EV maker BYD Co. Ltd. to develop its upcoming small electric sedan. The Japanese automaker has turned to BYD to tackle its difficulty with developing a low-cost electric vehicle. For a w...
Read More >>German automaker Volkswagen AG is expecting the cost of its European battery plants as well as other raw material procurement to be around USD 34 billion. Confirming the news, Thomas Schmall, one of the Board Members, was quoted saying that the comp...
Read More >>California based solar energy firm, Infinity Energy has recently announced its plans to deploy a new facility dedicated to the production of solar-powered EV charging stations. Governor’s Office of Business and Economic Development stated that...
Read More >>The U.S. Centers for Disease Control and Prevention (CDC) recently said that all adults aged 18 and above should get a COVID-19 booster shot six months following the second dose of BioNTech Moderna or Pfizer vaccine, or two months after the single do...
Read More >>The company has been relying on Qualcomm or its in-house Exynos chipsets in its high-end smartphones. Samsung is now planning to increase the proportion of Exynos chipsets in Galaxy phones from 20% to around 60%. Samsung is reportedly planning t...
Read More >>BMW Group has reportedly extended the scope of its eDrive Zones to 20 more European cities including Verona, Copenhagen, and Toulouse. The service, which is now operational in a total of 138 cities, is expected to be rolled out in at least another 30...
Read More >>Swedish audio streaming giant and media services provider Spotify has reportedly partnered with popular American streaming service Netflix Inc. to roll out a new feature dubbed ‘Netflix Hub’. This will allow subscribers to listen to all t...
Read More >>Nokia has restructured its facility in Guadalajara, Mexico that conducts 5G equipment testing with an intent to support its business in North America as well as Latin America. One of the major objectives of the upgradation is to achieve new 5G appli...
Read More >>Smartphone brands like Oppo, OnePlus, and Realme are planning to introduce electric vehicles in India. India’s nascent EV sector may see several other smartphone makers racing to make their mark in the upcoming years. Smartphone manufactur...
Read More >>Five memory products of tech giant Samsung Electronics Co., Ltd have reportedly acquired worldwide recognition for successfully minimizing its carbon footprint. The Carbon Trust recently certified UFS 3.1 (512GB), microSD EVO Select (128GB), HBM2E (...
Read More >>England is known to use around 1.1 billion single-use plates and 4.25 billion single-use cutlery pieces per year. Businesses and consumers will soon be required to shift to more sustainable alternatives. Single-use plastic plates and cutlery, a...
Read More >>Amazon's conflict with Visa intensifies as the e-commerce behemoth revealed it will not accept UK-issued Visa payment cards beginning 19th January 2022. It sent an email to Amazon UK customers informing them of the move, attributing it to Visa&#...
Read More >>Indian revenue-based financing firm, Velocity.in has roped in $20 million in a Series A financing round headed by Peter Thiel’s Valar Ventures. With this fresh funding, the organization intends to invest approximately $134 million (Rs 1,000 cro...
Read More >>Amazon has reportedly been fined USD 500,000 for hiding the number of COVID cases recorded across its California workplaces from its employees. As per the statement given by California Attorney General, Rob Bonta, the penalty follows a complaint aga...
Read More >>Healthcare startup Africa Health Holdings has reportedly secured USD 10 million in Series A funding round which was led by Asia Pacific Land and Natural World Limited. The round also saw participation from investors like Breyer Capital, TRB Advisors,...
Read More >>Prominent chipmaker Intel Corporation had earlier suggested developing silicon wafers in Chengdu, China to boost its production capabilities amidst the global semiconductor crisis. However, White House officials have now strenuously challenged these ...
Read More >>Berlin-based logistics startup Hive has recently secured a funding of USD 34 million as it continues to expand its technology that offers direct-to-consumer firms a new approach to manage operations. The latest round was led by Existing investors Pi...
Read More >>Facebook’s parent company Meta recently launched a business hub and a playbook titled 'Grow Your Business' to empower small and medium businesses (SMBs) in India. The 'Grow Your Business Hub' is a platform for micro, small, and...
Read More >>Taiwanese companies reportedly sold goods worth more than USD 40 billion in a month for the first time, as global demand for semiconductors, gadgets, and metals remained strong. According to a statement by the Ministry of finance, the sharp incline ...
Read More >>Common Service Centre, a company that delivers e-services initiated by the Indian government to rural and remote locations, is reportedly eyeing the IPO route to raise larger funds and tap into capital markets. Presently, it operates around 4.5 lakh...
Read More >>Singapore-based cash rewards startup ShopBack has reportedly received approval from Hoolah shareholders for a 100% acquisition of the buy now, pay later (BPNL) platform. The companies did not disclose the financial details of the deal. Hoolah, found...
Read More >>Gallup and Magellan Health Inc. have announced a partnership called Magellan-Gallup wellbeing project that will be instrumental in creating some of the world’s most comprehensive wellbeing studies and solutions. The project will bring together...
Read More >>The global chip shortage is a major setback for the vehicle industry as the second wave of COVID-19 leaves a significant demand to be fulfilled. In the third quarter, the shortage cost Europe's two largest carmakers, Volkswagen AG and Stellantis ...
Read More >>Biopharmaceutical company, Novadip Biosciences SA has reportedly raised USD 22.02 million in the first close of its Series B funding. The event was co-led by China’s CR-CP Life Science Fund, Belgian investment firms SRIW Life Sciences & Fun...
Read More >>Market Study Report LLC delivers significant information and realistic data of the Global Business SIP Phones Market via this newly added research in its database. The report presents a deep study of the market growth factors and drivers, In-depth re...
Read More >>According to latest reports, Sunseap Group led alliance has reportedly agreed signing a memorandum of understanding (MoU) with domestic and abroad partners. The consortium aims to inspect and construct solar power systems with a 7GWp capacity in the ...
Read More >>Chalo, an Indian bus transport technology company, has reportedly acquired Amazon-backed mobile app-based office commute bus service Shuttl through an all-cash deal. The announcement comes after Chalo recently secured USD 40 million in a funding roun...
Read More >>Indian edtech startup Teachmint has reportedly raised USD 78 million in the Series B funding round that was co-led by Rocketship.vc and Vulcan Capital. The latest round valued the 16-month-old Indian edtech startup at USD 500 million, which has raise...
Read More >>Clear (earlier known as ClearTax) has reportedly secured USD 75 million in a Series C funding round, which was led by Kora Capital. The latest funding round also saw participation from global fintech giant Stripe, Think Investments, Alua Capital, and...
Read More >>Financing company CredAble recently raised USD 30 million in Series B funding to further develop its platform for providing working capital solutions especially for small businesses and developing innovative debt capital products for corporates and f...
Read More >>FourKites, one of the world's leading real-time supply chain prominence platforms, has introduced an innovative industry-first AI-powered Dynamic ETA® for Ocean, as part of its Dynamic OceanSM contribution. As per sources, the new addition o...
Read More >>Amazon-owned robotaxi company Zoox will start testing its autonomous driving technology in Seattle this month, after centering on Las Vegas and the Bay Area for the last four years. It also has plans to open an office in Seattle in 2022. The company...
Read More >>Automobile manufacturers have been focusing on introducing some advanced car technologies since the past decade to lure more customers and improve brand name. To that effect, Japanese automotive giant Honda Motor Co. has unveiled a new Sensing 360 om...
Read More >>Online pharmacy and medical store PharmEasy has reportedly secured USD 350 million during a pre-IPO funding round. Even its parent API Holdings post-money valuation is now worth USD 5.6 billion following the fundraising. PharmEasy has secured USD 20...
Read More >>The Environment Agency has recently warned that the only way to address climate emergency is for world leaders to focus more on adapting to the unavoidable effects of climate change. According to a report to the government, the agency claims that mo...
Read More >>There have been many cases of vehicle recalls off late, with several automakers seeking a strategic approach to managing these recalls. One such automotive giant, Ford Motor Company has reportedly issued a recall for 126,000 Explorer models in the Un...
Read More >>The U.S. market is projected to record strong growth in Q3 2021 as businesses continue to record significant demand in the post-pandemic era. However, new problems such as supply chain disruptions and inflationary pressures will continue to worry inv...
Read More >>Sunray Motors unveiled a solar hybrid conversion unit to assist the transition to electric vehicles (EVs). The new solution helps improve miles per gallon (mpg) and subsequently reduces emissions. With governments striving to decrease fuel consu...
Read More >>The technology has already been tested in four locations across Israel. Google intends to test the software in Rio de Janeiro in the following weeks. Google LLC has reduced traffic delays and fuel use by 20% and 10% at four locations across Isr...
Read More >>Adorama- a key source for market-leading photos, audio, video, computer information, and equipment has reportedly partnered with Microsoft PromoteIQ, an e-commerce advertising vendor, to introduce ‘Adorama Retail Media’. Adorama Retail M...
Read More >>Switzerland-based tech company Morphean SA has announced plans to introduce a growth program in Europe by opening new offices in U.K., Denmark, and Netherlands. It plans to appoint new personnel in key positions to meet the surging demand for hosted ...
Read More >>Bangalore-based education technology company, BYJU’s has reportedly secured USD 300 million in a Series F funding round led by Oxshott Capital Partners LLC. The fresh funds will be used to expand the company’s international business and e...
Read More >>The event was originally going to be held with a live audience in Bucharest, Romania. The tournament will now go ahead as scheduled but will be streamed online from 7th October 2021. Washington-based video game developer, Valve Corporation has r...
Read More >>Indian automotive giant Mahindra is reportedly planning to start production of the USD 2.2 million worth e-hypercar called the Battista that was first introduced by Automobili Pininfarina. The 1,900 hp electric hypercar has been receiving significant...
Read More >>American e-commerce giant- Amazon has launched a household robot named Astro that can hear, see, and follow its user around the house. Speaking on the at-home robot, Amazon said that Astro uses sensors, cameras, and AI to avoid walls or dodge obstac...
Read More >>Capital Float, a buy now, pay later (BNPL) startup backed by Amazon, which offers its service on several prominent online platforms in India, has secured USD 50 million in new funding following significant growth in recent quarters. The investment w...
Read More >>Babcock & Wilcox Enterprises Inc. announced that its B&W Renewable segment has been granted a contract worth USD 35 million by ESANI A/S, Greenland’s national waste management firm. As per the contract, B&W Renewable will supply an...
Read More >>China-based Huawei Technologies Co. Ltd. has reportedly launched its latest airport cloud solution to enhance operational efficiency, improve the travel experience, and safety assurance, laying the foundation for smart airports. This news comes ahea...
Read More >>Luxury carmaker Mercedes Benz voicing support for Telsa’s tax reduction demands, stating the import duties as ‘outrageous’. The German company said that customers in India could end up purchasing its cars at double the rate as in th...
Read More >>Pharmaceutical major, GlaxoSmithKline (GSK) has recently provided updates on its efforts to meet its environmental goals, which includes an investment of £50 million in renewable electricity for its manufacturing locations in the UK and US. Th...
Read More >>Netflix Inc. has reportedly unveiled its free mobile streaming plan in Kenya to entice new customers in the East African nation which currently has more than 20 million internet users. The plan will be rolled out in Kenya and is expected to be avail...
Read More >>Many U.S. companies, comprising, General Motors, Microsoft Corp, and American Airlines Group Inc, joined the Breakthrough Energy program of Microsoft co-founder Bill Gates, to accelerate the transition to clean energy. The initiative intends to enco...
Read More >>The Competition Commission of India (CCI), after a two-year antitrust probe, found Google to be abusing its dominant position of Android in the country to illegally shield itself from competitors in the world’s second-largest internet market. O...
Read More >>Air New Zealand Ltd. recently stated that it is learning to utilize low-carbon technologies such as hybrid, electric, or hydrogen-powered aircraft to drastically cut emissions from shorter and regional flights by 2030. Aviation accounts for about 2....
Read More >>Renewable energy major, Siemens Gamesa has successfully increased the capacity of its next-generation onshore wind turbine platform, the Siemens Gamesa 5.X. With this upgrade, output of the platform’s SG 6.6-155 and SG 6.6-170 turbines has bee...
Read More >>E-commerce major Amazon India has unveiled the largest fulfillment center in Bengaluru, which reportedly comes with a capacity of over 2.4 million cubic feet. The company mentioned in its official statement this new infrastructural expansion will pr...
Read More >>This news comes after the airline signed a settlement with Avalon, another lessor of the Max aircraft. The settlement is a part of SpiceJet’s efforts to start operations of the Boeing 737 Max aircraft by September end. SpiceJet Limited has...
Read More >>Multinational mass media company ViacomCBS Inc. is reportedly planning to restructure the operations of Paramount Pictures movie and television production subsidiary as a part of its broader major management change. Under the new structure, Paramoun...
Read More >>Myntra, a prominent Indian fashion e-commerce company, has recently collaborated with Better Cotton Initiative (BCI) and would employ the worldwide non-profit organization to procure cotton for its in-house brands' products. According to a press...
Read More >>Mercedes-Benz is set to be in the limelight at the IAA Auto Show 2021 in Munich, as the automaker is launching four new EV models this year. In addition, the 2022 Mercedes-Benz EQB is reportedly being debuted in Europe and is poised to go global soon...
Read More >>U.S. plane maker Boeing Co. has locked horns with one of its most prominent customers Ryanair, after air carrier said that it had canceled discussions over a purchase agreement for 737 MAX 10 jets worth billions of dollars due to disagreements over p...
Read More >>Google LLC is developing “Human Presence Sensor” (HPS) in collaboration with Antmicro for upcoming Chromebooks, which may be utilized for Chrome OS features such as face unlock and others that had been long overdue. For the uninitiated, ...
Read More >>Twitter is reportedly testing a new feature dubbed ‘safety mode’ to reduce harassment and trolling, which has become a major concern for many other networking sites as well. The safety mode will flag accounts that make hurtful comments o...
Read More >>American multinational technology company, Nvidia Corporation has introduced a new tool that can capture natural speech qualities by allowing users to train the AI solution using their own voice. According to sources, the company’s text-to-spe...
Read More >>These include flexible tenure options, cheaper interest rates, and inexpensive EMIs. Hero Electric sells approximately 10,000 two wheelers per month. Electric two-wheeler manufacturer Hero Electric has reportedly joined forces with Wheels EMI, a...
Read More >>Automobile dealers might witness a massive sales recovery this fiscal ahead of the upcoming festive season. According to a recent survey by Crisil, dealers of two-wheelers, passenger, and commercial vehicles are expecting to witness a sales growth of...
Read More >>The government of Australia is reportedly considering new laws that would increase the regulations on digital payment services offered by tech giants such as Apple Inc. and Google LLC. Notably, services such as Google Pay, Apple Pay, and Chinese wal...
Read More >>Google had relied on Qualcomm for supplying the 5G modem technology in previous Pixel phones. The Pixel 6 lineup is expected to be launched in fall 2021. Google LLC has reportedly opted to use the 5G mmWave modem from Samsung Electronics Co. L...
Read More >>Indian electric scooter manufacturer- Simple Energy is reportedly in talks to raise Series A funds worth USD 100 million from global investors and present investors- Raghunath Subramanian and Manish Bharti. Notably, the funds will be used by t...
Read More >>Automobile giant Ford Motors has recently announced its plan to double the production of the F-150 Lightning pickup truck series which was first revealed in May 2021. This decision came after strong pre-launch demand for the upcoming vehicle. Ford h...
Read More >>Chinese multinational electronics firm Xiaomi Corporation intends to expand its reach in India’s consumer credit market via offerings like insurance products, credit line cards, and gold loans. In this context, Xiaomi India Chief, Manu Kumar J...
Read More >>Share prices of LG Chem Ltd. plunged by approximately 9.5% on 23rd August, after General Motors Co. disclosed that it would be recalling 73,000 Chevrolet Bolt EVs to address fire risks. General Motors’ decision to recall the EV models for the ...
Read More >>Twitter Inc. is reportedly making modifications to its recently rebuilt API that will enable third-party developers to create tools and solutions for its audio chatroom, Twitter Spaces. The company announced that it is bringing in new endpoints to f...
Read More >>ClosedLoop.ai, a company that develops healthcare data science technology, has bagged USD 34 million in Series B funding round led by Telstra Ventures along with participation from Healthfirst, Breyer Capital, .406 Ventures, and Greycroft Ventures.&n...
Read More >>The retailer is hoping to attract more online traffic with a curated selection of brands. Guest brands such as Hobbs, FatFace, and Joules will now be available on the M&S website. British multinational retailer Marks & Spencer (M&S)...
Read More >>The bank anticipates securing about USD 1 billion through dollar-denominated bonds. The bank also stated earlier that it plans to accrue USD 6,727 million in the next 12 months. Mumbai headquartered HDFC Bank reportedly intends to raise capital ...
Read More >>With the rising number of electric vehicles, Ola’s new Electric scooter S1 has been launched in India’s nascent EV market, challenging prominent industry players like Bajaj Chetak Electric, TVS iQube, and the Ather 450X. The Ola Future F...
Read More >>JetBlue Airways Corp has recently launched transatlantic flights between London and New York in plans to capture market share with low ticket fares and lead the recovery on what is one of the world's busiest and most sought international routes. ...
Read More >>According to recent data published by Turkey’s TEIAS (Turkiye Elektrik Iletim A. S.), the country’s installed wind energy capacity has successfully reached 10,010 MW (megawatts). Currently, the country’s overall installed ...
Read More >>Samsung Electronics Co. Ltd. recently announced the Exynos W920, the industry’s first 5-nanometer chipset for next-generation wearables. The new processor is equipped with an extreme ultraviolet process node and integrates an LTE modem, thus of...
Read More >>Saudi Aramco's Q2 net profits increased by 288%, reaching USD 25.5 billion, creditable to a rebound in oil prices fueled by rising demand. The firm also reported USD 47.2 billion of net profit in the first half of the year, showcasing a 103% y-o...
Read More >>Leading asset management services company Ritchie Bros. is reportedly in advanced talks to acquire a leading plant & machinery auction house Euro Auctions for USD 1.08 billion. The move will allow Ritchie Bros. to reinforce as well as expand its ...
Read More >>With India aiming to vaccinate the majority of its population, American multinational tech firm Amazon has reportedly launched a new feature and update to its digital smart voice assistant, Alexa, which will help individuals find nearby COVID-19 test...
Read More >>Indonesia has commenced work on a 145 megawatt (MW) floating solar power plant, the biggest in Southeast Asia, after national power utility PLN (Perusahaan Listrik Negara) and UAE’s clean energy firm Masdar agreed to finance the project. Indon...
Read More >>With the highly contagious Delta variant cases on the rise, McDonald's Corporation has asked all its staff as well as customers to wear masks in its restaurants with substantial transmission risks in the United States, regardless of vaccination s...
Read More >>eCloudvalley Technology has reportedly achieved the status of AWS Machine Learning Competency, making it the first Amazon Web Services (AWS) Consulting Partner from ASEAN to do so. This implies that the firm is AWS certified for providing various ser...
Read More >>For a while now, investors have been eyeing the edtech space after the pandemic had forced teachers and students to use online platforms. Unacademy, India’s online learning platform, has reportedly raised USD 440 million in a new funding round,...
Read More >>Walmart is planning to help other businesses in their digitization efforts by offering them technology and services that powered the Fortune 1 company. To achieve this, the retailer has partnered with Adobe Inc. to integrate its marketplace, pickup ...
Read More >>The Series D round marks as At-Bay’s third round in the past 18 months The company recently recorded $160 million in annual recurring revenue At-Bay, a leading cyber insurance company, has banked $185 million in a Series D financing round ...
Read More >>Multinational tech giant Microsoft Corp. has announced quarterly results, which reported its most profitable quarter. The company’s earnings and revenue beat Wall Street’s consensus as surging demand for cloud services counterbalanced the...
Read More >>Cassiopea S.p.A will be the exclusive supplier, as per the new agreement. Sun Pharma’s share price grew by 1.06% to 9.43 USD following the announcement. Sun Pharmaceutical Industries Limited announced to have signed an agreement with Cassi...
Read More >>Users from Mexico, Canada, and the United States can now stream Facebook Games on Apple devices. Facebook Games has more than 1.5 million active users per month and is currently offering 25 cloud-streamed games. American social media giant Face...
Read More >>The audio chat forum Clubhouse recently ended its invitation-only mode and opened its virtual rooms for all users. The waitlist system has been removed and anyone using iOS or Android smartphones can join the chat now. The founders Rohan Seth and Pa...
Read More >>The International Energy Agency has warned that global greenhouse gas emissions (GHG) could reach new highs in the coming years as governments have failed to "build back better" from the Covid19 outbreak. According to the agency, emissions...
Read More >>Total revenue amassed surged by 3% to be worth USD 18.75 billion in the second quarter. IBM’s cloud vertical sales hiked by 13% and were assessed at USD 7 billion. America-based technology company International Business Machines Corporatio...
Read More >>Gurugram-based car selling platform Spinny has reportedly secured 108 million in Series D funding round which was led by Tiger Global Management LLC and Avenir Growth Capital. The funding round also saw participation from existing investors such as F...
Read More >>Social media giant Facebook Inc. reportedly disproved President Joe Biden’s claim that the company is killing people with misinformation on the COVID-19 and reasoned that vaccine acceptance has increased among its users in the U.S. Guy Rosen, ...
Read More >>This move will allow Toyota to access real-time maps in high definition as well as crowd-sourced inputs. Carmera and Toyota Motor Corporation have joined forces on various projects since 2018. Toyota Motor Corporation has reportedly acquired New...
Read More >>BASF Venture Capital GmbH (BVC), the corporate VC arm of German chemicals giant BASF, has announced its investment in UrbanKisaan (an Indian hydroponic cultivation startup). In a statement, the company said that the investment in UrbanKisaan, which f...
Read More >>California-based multinational mass media and entertainment company Disney is reportedly increasing the monthly and annual fees for ESPN+ from August 13. While the current subscription fees are set at USD 5.99 for a month and USD 59.99 annually, they...
Read More >>France-based mobile and electrical device refurbishment company Largo has announced its very first international partnership deal with Portuguese smartphone wholesaler Bluetooth LDA. The newly formed partnership will enable Bluetooth to offer refurb...
Read More >>China is reportedly experiencing a downturn in car sales volumes with the escalation of raw material prices and semiconductor demand, which is straining the East Asian country's economic recovery and weighing heavily on global trade. According t...
Read More >>Anritsu Corp. has recently announced its successful verification of several key 3GPP Release 16 features by harnessing Samsung Electronics' System LSI Business newest 5G Exynos Modem, in combination with its own Radio Communication Test Station M...
Read More >>French oil and gas major, TotalEnergies has partnered with Veolia for accelerating the development of microalgae cultivation using CO2. Under the terms of the agreement, both the partners will use their expertise for building a research project at th...
Read More >>Reportedly, hundreds of clients using the network management and remote-control software developed by the U.S. technology firm Kaseya were hit by file-encrypting malware, causing commotion and temporary closure of businesses. For those unfamiliar, t...
Read More >>E-commerce logistics startup Locad has reportedly raised USD 4.9 million in a seed funding round led by Sequoia Capital India’s Surge. The company intends to use the fresh funds to fill in the significant gap currently observed in Southeast Asi...
Read More >>Video-sharing app TikTok’s parent company ByteDance Ltd. has reportedly launched a new division BytePlus, to sell TikTok’s technology, including the AI-powered recommendation algorithm. Its customers already U.S. fashion app comprise Goat...
Read More >>Leading U.S. provider of ultra-rugged mobility solutions, Sonim Technologies, has reportedly launched the RT80 rugged tablet, specially designed to meet the needs of industrial, public safety, and field service workers operating in demanding work env...
Read More >>MySize's BoxSize sizing solution enables logistics organizations to better utilize their resources and manage their logistics strategically The partnership will complement MySize’s well-known in-house tech solutions for visibility and ot...
Read More >>Online crafts marketplace Etsy has recently announced the acquisition of Brazilian online marketplace Elo7 for USD 217 million as it deems Latin America to be a major growth stimulant for the e-commerce company. Etsy shares rose by 7% after following...
Read More >>Beijing-based multinational technology company Lenovo Group has launched the Yoga Tab 13, an Android tablet with a built-in Micro HDMI port that can also work as an external display for any HDMI device. It is an advanced variant of the Yoga Pad Pro w...
Read More >>Bangalore-based financial technology startup Slice has reportedly secured USD 20 million in a new funding round which was led by Gunosy, Blume Ventures, and other existing investors. The new investment will allow the company to incorporate new featur...
Read More >>Spaces, Twitter’s response to the live audio chat platform Clubhouse, is reportedly testing a feature that would enable users to charge for audio shows they host. Android and iOS Twitter users in the United States are involved in the test of T...
Read More >>The American retailer plans on having 100% recyclable, compostable or reusable plastic packaging by 2025 The move comes in response to growing consumer demand for more sustainable products Target Corp., one of American’s leading retai...
Read More >>If reports are to be believed, ride-hailing giant Uber Technologies Inc. has agreed to acquire the remaining 47% interest in Chile-based grocery delivery startup Cornershop in exchange for 29 million shares. The transaction is likely to end in July t...
Read More >>Reportedly, Yellow.ai (previously Yellow Messenger) has introduced a revamped brand and an expanded product suite that is focused on providing total customer experience (CX) automation. Yellow.ai added Voice AI bots to its existing portfolio of chat ...
Read More >>A bipartite infrastructure plan for rebuilding bridges, roads, and other traditional infrastructure, estimated to cost over USD 1.2 trillion, has reportedly been gaining momentous support in the U.S. Senate, but disagreements about the funding requir...
Read More >>After Google and Apple reduced their app store fees, Amazon too has lowered its revenue cut for small developers by launching Amazon Appstore Small Business Accelerator Program. Sources with relevant information stated that this move will allow Amazo...
Read More >>MTN Group, the largest telecom operator in South Africa in terms of users, has reportedly chosen five partners to expand 4G and 5G services across Africa using an Open RAN architecture. This will enable cheap and quick access to these services, said ...
Read More >>Britain-based luxury vehicle manufacturer Jaguar Land Rover is reportedly developing a hydrogen fuel cell vehicle that will be based on its popular Defender SUV. The prototype program deemed as Project Zeus is a part of the company’s goal to ac...
Read More >>E-commerce giant Amazon has reportedly retorted to assessing new technologies to make working operations safer after facing severe criticism regarding high employee injury rates across its premises. For those unaware, a recent study by The Washingto...
Read More >>Amazon Web Services Inc. (AWS), a cloud-computing services platform and subsidiary of Amazon.com, Inc., has reportedly announced the launch of an infrastructure region in Israel for the first half of 2023 after the Israeli government instated the com...
Read More >>American multinational e-commerce company eBay Inc. has reportedly announced a unique Refurb Registry intended to address the sensitive state of relationships as individuals recover from the pandemic. This new program provides couples with some rela...
Read More >>Renowned marine transportation provider, Green Shipping Line (GSL), has reportedly struck a teaming agreement with DEKC Maritime, a prominent European marine vessel engineer to pursue offshore wind vessel solutions compliant with the Jones Act in the...
Read More >>Apple Inc. is reportedly in talks with Chinese battery manufacturers CATL (Contemporary Amperex Technology Co. Limited) and BYD (Build Your Dreams Auto Co. Ltd.) over battery supply for its planned electric vehicle. The firm has not reached any agree...
Read More >>Performance technology firm Hyperice has reportedly been named the official recovery technology partner of the League of Legends Pro League (LPL), Riot Games’ tier-one esports tournament in China, for the 2021 season. According to the deal, al...
Read More >>The trio has reportedly formed an online panel named WebExtensions Community Group. The tech giants are cordially inviting other browsers and developers to join this combined effort. Apple, Microsoft, and Google are reportedly working together t...
Read More >>In an email to his employees, Tim Cook, CEO of Apple, asked the staff to return to the office three days a week beginning from early September, cited sources. For the past year, Apple employees have been working remotely to combat the spread of COVI...
Read More >>Global Outbound Medical Tourism Services Market Report available at MarketStudyReport.com gives an overview of the Outbound Medical Tourism Services industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and fi...
Read More >>The U.S. Department of Energy (DOE) has reportedly inked a partnership agreement with the governments of Norway, Denmark, and others to expedite its efforts of taking international shipping closer to the zero-emission target. The initiative would see...
Read More >>Germany’s digital insurance unicorn startup, Wefox, has reportedly raised USD 650 million in a Series C funding round, pulling the company’s valuation to USD 3 billion. The startup intends to use the funds to enter into Asia and the US in...
Read More >>Reportedly, Plum Benefits Pvt. Ltd., a health insurance startup, has reportedly secured USD 15.6 million in a Series A funding round which was led by Tiger Global Management LLC, a U.S.-based investment management firm. Previous investors namely Seq...
Read More >>American tech giant Intel Corporation is reportedly planning to introduce a pair of new U-series chips namely, the i5-1155G7 and Core i7-1195-G7 processors at the Computex 2021 which is likely to be held in June this year. Knowledgeable sources cite...
Read More >>Microsoft Corporation, Goldman Sachs Group Inc., and Accenture plc have reportedly teamed up with Linux Foundation and other nonprofit climate groups to launch a green software initiative to produce fewer carbon emissions in data centers. ...
Read More >>Joining the electrification race against biggies like General Motors Co, Volkswagen AG and Tesla Inc., Ford Motor Co. has announced plans on developing two all-electric vehicle platforms, one dedicated for full-size trucks and SUVs, and the other for...
Read More >>Reportedly, Germany has passed legislation that will allow for autonomous vehicles on public roads without a presence of a human safety operator by 2022. Although self-driving testing is currently permitted in the country, the new reform is likely to...
Read More >>The Anglo-American renewable power company, Hecate Independent Power Ltd. (HIP), has recently announced the launch of its Atlantic Project for installing 10,000 MW of floating and fixed wind turbines in the North Atlantic that will be connected to th...
Read More >>Thales Group, a French multinational giant that caters to aerospace, defense, transportation, and security markets, has recently announced the launch of new data protection solutions for Microsoft Azure, Google Cloud, and Amazon Web services to insti...
Read More >>Eruditus Group is estimated to grow 2.5 times in valuation by 2022. The company is valued at USD 185 million as of the financial year 2020-21. Mumbai-based EdTech startup Eruditus Group has reportedly acquired iD Tech, a leading Silicon Valley-b...
Read More >>The deal comes as the largest acquisition ever conducted in India’s renewable energy space Adani Green Energy Limited (AGEL) has revealed plans to purchase 5 GW of renewable energy portfolio from SB Energy India for a sum of $3.5 billion. The ...
Read More >>European multinational aerospace giant Airbus S.E has reportedly given an ultimatum to its suppliers to prove that they are well equipped to expand single-aisle jet output, in a letter that brings to light all the recent problems arising in industria...
Read More >>Goldman Sachs Inc. is reportedly planning to launch an app for the U.K. users of its digital bank Marcus in the coming weeks. However, the computerized investment management service is likely to be available in the early months of next year. Des McD...
Read More >>According to a recently published study by BloombergNEF, prices of electric vehicles are set to become more affordable by the year 2027 as compared to vehicles with combustion engines. The study is primarily based on the European market which has bee...
Read More >>Electric car maker Fisker Inc. has reportedly signed an agreement with Taiwanese manufacturing giant Foxconn Technology Co. Ltd. to produce EVs, with plans to start production in the U.S. by the end of 2023. Sources with knowledge of the matter state...
Read More >>Harley Davidson Inc. is reportedly planning to make its electric motorcycle LiveWire as a standalone brand with an independent logo and identity. The American motorcycle manufacturer has declared July 8th as the official launch date for LiveWire&rsq...
Read More >>Reportedly, Samsung Electronics Co. Ltd. is currently in advanced discussions with South Korea-based network carriers to launch a fleet of new smartphones in the coming months. This time, the consumer electronics giant intends to introduce premium fl...
Read More >>The Wear OS update will now be able to provide better word suggestions and corrections. Gboard will allow users to easily switch between languages. Renowned American multinational technology company Google LLC has announced that it will l...
Read More >>Japanese multinational video game company Nintendo Co. Ltd. has reportedly launched the ‘Game Builder Garage’, a Switch title that allows users to create their games. The software lets players build games without having to code them and ...
Read More >>The IT major will deliver hybrid cloud services, unified service management, digital workplace services, next-gen network services, and cybersecurity services to Hitachi ABB Power Grids As part of a global transformation program, HCL Technologies ha...
Read More >>Arrival Ltd, a U.K based automobile company, and American tech giant Uber have reportedly signed a joint venture agreement to build an electric vehicle (EV) for all Uber’s ride-hail drivers. Arrival plans to release the final EV design before ...
Read More >>Amid its customer retention efforts, Genius Sports Limited, a leading UK-based sports data, and technology company, has reportedly acquired FanHub Media Holdings Pty Ltd., a prominent provider of free-to-play games and fan engagement products. The mo...
Read More >>Valve Corporation, the Washington-based video game company, will reportedly face a class-action lawsuit from Humble Bundle developer, Wolfire Games. The lawsuit points fingers at Valve’s 30% cut and alleged anticompetitive practices involving i...
Read More >>In order to deepen its EV efforts, Chinese multinational technology giant Huawei Technologies Co. Ltd. is reportedly in talks with various local automakers to acquire a controlling stake in their electric vehicle units. The company had earlier announ...
Read More >>The U.S. government led by President Joe Biden is working on simplifying decade-old requirements that complicate the treatment of opioid addiction for doctors through medication. Notably, as per the new guidelines, doctors and healthcare professional...
Read More >>Spotify, the popular audio streaming services provider, has reportedly introduced a paid subscription platform for podcasters in the U.S. The announcement comes after the American tech giant Apple had launched a similar service last week. Although t...
Read More >>Mumbai-based business-to-business e-commerce startup Bizongo has reportedly bagged USD 51 million during its Series C funding round which was led by the U.K.’s development financial institution CDC Group as well as SCG’s corporate unit Ad...
Read More >>Indian multinational conglomerate company, ITC Ltd., has reportedly joined forces with Linde India, the leading supplier of gasses and related products, to ease the current crisis of oxygen supply amidst the second wave of COVID-19. The duo intends ...
Read More >>Social media giant Facebook Inc. has announced to have made alterations to its advertising tools in an effort to comply with the upcoming privacy changes that will be released by Apple Inc. in the coming week. For the record, Apple’s new softw...
Read More >>The wind project is currently under construction and is expected to obtain commercial operation in Q4 2021 Expanding its portfolio of wind energy projects, Southern Power, a leading U.S. wholesale energy provider, has revealed the acquisition of the...
Read More >>Gurgaon-based health-tech startup Pristyn Care has reportedly secured USD 53 million during a Series D funding round which was led by U.S.-based investment company Tiger Global Management LLC. According to reliable sources, the funding round also sa...
Read More >>Social media giants Twitter, Facebook, and Snap are among the several companies that will take part in U.S. President Joe Biden’s promotional campaign for vaccine eligibility. The White House had previously announced that vaccines will be avail...
Read More >>The Japanese automaker Toyota has recently introduced the bZ4X Concept, a vision for the first global series of battery-electric vehicles under the ‘Toyota bZ’ brand. The recent development mars a significant step for the company which is...
Read More >>As the industry looks to a turnaround in air travel, Boeing Co. expressed optimism about financing jet buyers for deliveries while raising an amber flag to commercial bank loans regarding airline access. The demand for funding to support deliveries ...
Read More >>French multinational electric utility company- ENGIE has reportedly selected Siemens Gamesa to expand its operations and meet the sustainable energy requirements of Latin America through the installation of a wind farm for generating 260 MW of renewa...
Read More >>Facebook’s oversight board has recently announced the expansion of its remit to enable the platform’s user to review requests for content left up on the site as well as for the ones taken down. This move comes as a response to Facebook&rs...
Read More >>South Korean battery manufacturers SK Innovation Co. and LG Energy Solution have reached an agreement in a U.S. trade dispute. This has allowed the two companies to steer away from a potential setback for the country’s EV ambitions by sparring...
Read More >>American live video streaming service Twitch has announced to have expanded its hate & harassment policy beyond its platform in an effort to make it relatively safer. This time the rules cover activities outside the platform such as membership i...
Read More >>At its recent virtual “How Wonderful Gets Done 2021” launch program, U.S. chipmaker Intel Corp. launched its 3rd Gen Intel Xeon Scalable processors that will be dedicated towards edge computing, networking, cloud, and high-performance com...
Read More >>Gatik, a Silicon Valley-based self-driving startup, has entered a joint venture agreement with Isuzu North America Corp. to develop autonomous delivery trucks. These vehicles will be utilized by Gatik to serve its retail customers, cited sources with...
Read More >>According to reliable sources, flag carrier Air Canada has abandoned its agreement to acquire Montreal-based tour operator Transat A.T. Inc. It appears that the acquisition plans were terminated after Air Canada failed to secure approval from the EC ...
Read More >>Tesla Inc. reportedly sold over 184,800 electric vehicles in the first quarter despite the global crisis of semiconductor chip shortage that has affected the automotive industry on a large scale. In the first quarter of 2021, Tesla delivered 182,780...
Read More >>The purchase will help Madison Gas and Electric reduce its emission levels by 65% by 2030, further contributing to the firm’s ‘net-zero carbon by 2050’ goal U.S.-based Madison Gas and Electric (MGE) along with Wisconsin Public Serv...
Read More >>Germany-based leading software company TeamViewer has reportedly signed a joint venture agreement with the highly popular Mercedes-AMG Petronas Formula One Team as well as with Mercedes-EQ Formula E Team. According to reliable sources, the partnersh...
Read More >>Swiss automation and technology firm giant ABB Ltd. has announced to have entered a partnership with Amazon Web Services (AWS), to develop a cloud-based electric vehicle fleet management platform, which it expects will accelerate fleet electrificatio...
Read More >>Sequoia Capital India, the renowned private equity firm, has reportedly secured USD 195 million during its second seed funding round as a part of its Surge program. Notably, the Surge program is Sequoia’s initiative which backs early-stage sta...
Read More >>The collaboration aims at reducing waste by 90%, ensuring the parts do not end up in landfills and are re-used London-based Technology Minerals has recently announced that its subsidiary, Recyclus Group, has inked a deal with a prominent UK lead-ac...
Read More >>American commercial real estate firm WeWork has reported a loss of USD 3.2 billion in the year 2020. The company presented its revenue report to potential investors to secure around USD 1 billion investment as well as a stock market listing. WeWork&...
Read More >>Florida-based multinational fast-food chain Burger King has reportedly announced that it will start selling Impossible Foods’ vegan meat burgers in its Canadian outlets. Selected Burger King restaurants in Ontario will start serving the Impossi...
Read More >>Shares of prominent Japanese automakers such as Toyota Motors Corp., Honda Motor Co., and Nissan Motor Co. witnessed a critical decline following the unexpected fire outbreak at one of Renesas Electronics Corporation’s semiconductor manufacturi...
Read More >>United States’ largest cryptocurrency exchange, Coinbase Global, Inc., recently announced that recent private market transactions pushed the company’s valuation to about USD 68 billion this year ahead of planned listing. San Francisco-ba...
Read More >>German audio company- Sennheiser has reportedly introduced IE 300, its in-ear headphones that is equipped with the company’s 7mm Extra Wide Band transducer in India. The latest gadget is designed to provide a balanced sound signature and superi...
Read More >>German multinational automotive giant Volkswagen AG is reportedly planning to establish around half a dozen battery cell plants in Europe as well as expand its electric charging infrastructure across the globe. The move is likely to help Volkswagen t...
Read More >>Whale, a Belgium-based information and training platform for small and medium-sized enterprises (SMEs), has raised reportedly secured €1 million (around USD 1.1 million) in funding from Peak Capital, Volta Ventures, and the founders. This new fu...
Read More >>India’s managed-accommodation services provider Stanza Living is reportedly in the final stages of securing Series D funding worth USD 120 million. The apparent funding round is currently led by an Abu Dhabi-based investor, with the deal likely...
Read More >>Epic Games, developer of the popular online game ‘Fortnite’, has recently filed a new antitrust lawsuit against Google in Australia’s federal court. Reportedly, the video game developer alleged the American tech giant of ‘anti...
Read More >>In a bid to reduce the greenhouse gas emission levels, Canadian multinational e-commerce giant- Shopify has reportedly announced that it has become the first company to purchase contract carbon removal units from Carbon Engineering- a Canada-based di...
Read More >>The largest hotel chain in the world Marriott International Inc. has reportedly introduced a new suite of rooms and locations to cater to the growing trend of opting for longer vacations amidst the Coronavirus pandemic. Under its ‘longer stay ...
Read More >>Airspan Networks, an American telecommunications company is partnering with New Beginnings Acquisition Corp., a special-purpose acquisitions company (SPAC) to facilitate the development of its 5G infrastructure across the globe. The newly formed com...
Read More >>Hyundai Motor Company, a multinational automotive manufacturer, is reportedly collaborating with MegazoneCloud, a South Korean cloud management service provider, to introduce a media service platform called ‘Channel Hyundai’ to deliver a ...
Read More >>According to reliable sources, the follow-up to Nintendo’s wildly successful handheld gaming console, Nintendo Switch, is expected to launch in 2021 post a three-year wait after the original device was released back in 2017. The Nintendo Switc...
Read More >>Cargill- a leading American food corporation has reportedly launched the SeaFurther Sustainability initiative in a bid to help aqua farmers to increase the amount of sustainable seafood that renders less environmental impact. Notably, the initiative...
Read More >>VROMO, a dedicated software provider for restaurant food delivery services has reportedly partnered with U.S.-based leading food ordering platform Olo as well as Square Inc., a merchant service aggregator, financial services and digital payments comp...
Read More >>American multinational energy conglomerate Chevron Corporation has announced to have made significant investments in Baseload Capital AB, a Swedish private investment company that specializes in producing geothermal energy. Sources with relevant inf...
Read More >>Asia’s leading corporate solutions provider Acclime has recently announced to have acquired CoSec Corporate Services, a company which specializes in assisting foreign clients enter and operate in Australia. Sources close to the matter stateda ...
Read More >>According to credible sources, Twitter has recently started to append a warning label to some tweets about materials ‘obtained through hacking’. This label is popping up on some news stories that Twitter believes have some form of associa...
Read More >>Ireland-based Kaseya has reportedly announced the acquisition of security platform RocketCyber to boost its IT Complete Security Suite. Notably, the acquisition of RocketCyber that has built a cloud-agent security operations center which does not req...
Read More >>Reportedly, Taiwan’s economy, praised for its effective handling of the Covid-19 pandemic which has swarmed most of the world, is set to grow at its fastest pace in seven years in 2021 as global demand for technology products surges. Sources c...
Read More >>Indian multinational technology, engineering, construction, manufacturing, and financial services conglomerate Larsen & Toubro, reportedly, on Monday, stated that its power transmission and distribution business has snagged large contracts domest...
Read More >>Nassef Sawiris currently holds a considerable portion of Signature Aviation shares. Rival bidders Blackstone and GIP had teamed up and increased their takeover bid to around USD 5.62-per-share. Nassef Sawiris, an Egyptian magnate is reportedly p...
Read More >>Following the proliferating sales of Chromebooks for remote meetings and schools in 2020, American multinational technology giant Google LLC has announced its plans of adding a built-in screen recorder to its Chrome OS in March this year. The compan...
Read More >>Global Air Freight solutions provider- Rhenus Air & Ocean is strengthening its position across Germany through the planned takeover of the forwarding business of logistics firm BLG International Forwarding GmbH & Co. KG. For the record, thro...
Read More >>AstraZeneca COVID-19 vaccine has received approval in over 50 countries. AstraZeneca vaccine is the second to be issued by the UN health agency, with Pfizer-BioNTech being the first. Shares of AstraZeneca plc soared by 6% after the World Health...
Read More >>Legacy consumer companies have been showing a growing interest in healthcare brands since the COVID-19 outbreak in 2020. One such company, Wipro Consumer Care and Lighting has announced that its venture capital arm, Wipro Consumer Care Ventures, has ...
Read More >>Indian digital lending company KreditBee has reportedly secured USD 75 million funds through a Series C funding round which was led by PremjiInvest and South Korea-based Mirae Asset Financial Group. The equity round also involved the participation o...
Read More >>The fintech company has moved closer to the unicorn status. BharatPe intends to secure an additional USD 100 million in the upcoming months. Indian fintech startup BharatPe has reportedly secured USD 108 million through a Series D funding ...
Read More >>The platform has already started delivering results, producing media plans that are 30% more effective for clients Artificial Intelligence (AI) is steadily gaining grip in almost all business sectors. From manufacturing to healthcare, AI is helping ...
Read More >>American multinational technology giant Apple Inc. has reportedly been warned by European Union’s antitrust chief Margrethe Vestager to give equal treatment to all apps on its platform. The recent development comes before Apple’s imminen...
Read More >>Following the severe monetary repercussions amidst the COVID-19 pandemic and the subsequent lockdowns, premier hospitality brand Marriott International is reportedly revisiting its media strategy by partnering with Verizon Media, a subsidiary of Veri...
Read More >>South Korean automotive giant Hyundai Motors Co. reportedly, on Monday, said that talks for a deal with Apple Inc. on autonomous electric cars have fallen off, a month after its early-stage talks with the tech giant, wiping USD 2.4 billion of its mar...
Read More >>American multinational technology company Amazon.com Inc. is reportedly planning to integrate AI-based video cameras in its branded delivery vans. This will allow the e-commerce retailer to improve the safety of the driver as well as the communities ...
Read More >>Austin-based fintech startup, Routefusion has successfully bagged a $3.6 million seed fund led by venture capital firm Silverton Partners along with other participants such as NextWorld Capital, Initialized Capital and Plaid ...
Read More >>Reportedly, Spotify had initially launched its first K-pop playlist back in 2014, offering the genre worldwide recognition and helping lay the foundation for ushering an era of superstars such as BTS and BLACKPINK. The Swedish-based streaming company...
Read More >>England-based video game and entertainment company Sumo Group, which has developed games for big names such as Sega, Sony, and Microsoft, is reportedly acquiring Poland-based PixelAnt Games for an initial cash consideration of about USD 3,42,375 (&po...
Read More >>Singapore-based multinational ride-hailing company Grab Holdings Inc. has reportedly secured USD 2 billion from its recently conducted loan funding. Touted as the highest institutional debt in Asia’s technology sector, the company intends to us...
Read More >>Indian grooming startup Bombay Shaving Co. has reportedly secured USD 6.1 million in a funding round led by British multinational consumer goods giant Reckitt Benckiser. The news comes after the intensifying competition in new age consumer brands sec...
Read More >>California-based battery materials firm- Sila Nanotechnologies has raised USD 50 million in fresh funds, pushing its valuation to USD 3.3 billion. Reportedly, the Series F funding round was headed by Coatue and saw the participation of T. Rowe Price...
Read More >>Clubhouse, Silicon Valley's audio-based social media platform, has reportedly raised an undisclosed capital in a Series B funding round which was led by Andreessen Horowitz, an American venture capital company. Sources with knowledge of the matt...
Read More >>Taiwanese multinational electronics contract manufacturer Foxconn Technology Group has reportedly received a license from the Vietnamese Government to develop a USD 270 million manufacturing plant to produce tablets and laptops. The news comes amidst...
Read More >>German online luxury retailer Mytheresa has reportedly secured USD 406.8 million during its initial public offering (IPO) in the United States. The company has now reached a valuation of USD 2.2 billion following the successful IPO. Sources confirme...
Read More >>In a bid to accelerate Poland’s efforts to move to green energy, the European Bank for Reconstruction and Development (EBRD) has reportedly initiated the construction of two new wind farms across the region. In a statement by the bank, the EBR...
Read More >>Reportedly, Turkey’s cosmopolitan capital Ankara has enforced a ban on advertisements on social media platforms such as Twitter, Periscope, and Pinterest after failing to appoint a local representative as per the country’s new social medi...
Read More >>One of the largest oil company Total SE has been making significant headlines after announcing its ambition of reaching net-zero carbon by the year 2050. As a part of this effort, the French multinational integrated oil conglomerate has reportedly ac...
Read More >>In a long-awaited announcement, Italian-America multinational automaker Fiat Chrysler Automobiles N.V. and French multinational automotive & motorcycle manufacturer Groupe PSA, have reportedly combined to develop a new automotive giant called Ste...
Read More >>American fast-food company, McDonald’s Corporation, reportedly intends to remove all poly-fluoroalkyl substances (PFAS) in its food packaging processes by 2025. The announcement comes after a study conducted by environmental advocacy groups whi...
Read More >>American multinational retail corporation Walmart Inc. has reportedly partnered with Ribbit Capital, a global venture capital firm, to launch a new fintech startup to introduce reasonably priced financial products for its clients and employees. The ...
Read More >>Following high concerns over WhatsApp’s recent change in the privacy policy, another cross-platform encrypted messaging service Signal is reportedly on track to surpass 1 million downloads. Around 810,000 users across the globe have installed S...
Read More >>Keep, a Chinese fitness app developed and launched by Beijing Calories Technology Co. Ltd., has reportedly added USD 360 million to its kitty in its Series F round which was led by SoftBank Group Corp. Sources present at the event cited that Beijing...
Read More >>American leading software solutions provider NCR Corporation has reportedly acquired Freshop, one of the prominent companies in grocery e-commerce. Sources with relevant information stated that NCR will be able to help grocers capitalize on the growi...
Read More >>The acquisition would expand the geographic reach and capabilities of Cox Automotive’s Pivet fleet optimization and services marketspace. Dickinson’s expert mobile repair services is anticipated to be a foundation stone for Pivet&rsqu...
Read More >>One of ShareChat’s key investors is the American microblogging platform Twitter. ShareChat’s upcoming Series E funding round is slated to be larger than USD 200 million. Bangalore-based social media platform ShareChat is in talks of ...
Read More >>Mirae Asset Financial Group, a South Korean financial services company, is reportedly setting up an early stage-focused fund for startups in India. The funds will operate independently, and the decision making will be led by an Indian team, cited sou...
Read More >>The consumption of alcoholic beers is on a rise, but people have realized the adverse effects it has been causing to their health, prompting them to shift their interests toward non-alcoholic beer consumption. In fact, the count of people opting for ...
Read More >>The entire transaction was conducted on a USD 11.7 million cash and debt free basis. The acquisition could provide the two companies considerable cross selling opportunities. Sweden-based hydraulics technology company Concentric AB has reportedl...
Read More >>The company spent around USD 182.95 million in 2019 and USD 229.34 million in 2020. Amazon’s employee benefits expenses rose from USD 16.07 million to USD 18.7 million. In a recent turn of events, Amazon Seller Services, the Indian online ...
Read More >>India’s largest software exporter firm- Wipro- has recently announced taking over the IT units of German wholesaler Metro AG for a transaction deal of $1 billion for a span of nine years. It has been reported that Wipro would take control of Me...
Read More >>Globally, the concept of ‘plant-based’ protein has gained considerable recognition. In this regard, Indian foodservice company, Jubilant FoodWorks announced that its master franchise Domino’s India have introduced – &lsqu...
Read More >>According to reliable sources, Canadian biotechnology company BetterLife Pharma Inc. has completed the acquisition of Transcend Biodynamics LLC and has obtained 100% of the latter’s assets in an all-stock transaction which was valued at USD 10 ...
Read More >>The round was led by a U.S.-headquartered venture capital firm Valar Ventures. The company is reportedly planning to use the newly secured cash to expand its services across Canada. Calgary-based fintech company Neo Financial has reportedly rais...
Read More >>In recent turn of events, the global financial services technology giant, Finserv Inc. announced its plan to acquire California based Ondot Systems Inc. Sources claim that the acquisition will enable Finserv to expand its digital capabilities by impr...
Read More >>Eat Just Inc., a firm using cutting-edge technologies to develop healthier and more sustainable foods, has reportedly announced plans to launch its meat products that are developed directly from animal cells. The company has collaborated with 1880, a...
Read More >>Apple reportedly conducted surveys regarding user experience with the FaceID. The company has two iPhones under testing that are allegedly equipped with fingerprint sensor. According to reliable sources, American multinational technology giant A...
Read More >>Roblox has filed to secure around USD 1 billion through an initial public offering. The company reportedly expects to achieve a higher IPO pricing than DoorDash and Airbnb. United States online games developer Roblox Corporation has reportedly p...
Read More >>The Government of India has reportedly acquired over 1.6 billion Covid-19 vaccine doses for its citizens from different sources. According to global analysis, the ordered doses are more than those bought by any other country. As per reports, the nat...
Read More >>Tesla’s CEO Elon Musk has reportedly moved his California-based private foundation to Texas. As per a certificate of merger filing with the Secretary of State, Texas, Musk has proceeded with the merger of his foundation with an entity in the st...
Read More >>After the approval of the Pfizer-BioNTech COVID-19 vaccine in the United Kingdom, many Indian travel agencies have reportedly started planning ‘COVID-19 vaccine tourism’ packages for Indian travelers who want to get vaccinated in London. ...
Read More >>Elon Musk, the CEO of SpaceX, has recently announced the company’s plan to launch its latest Starship rocket prototype by next week. This launch will mark its most ambitious rocket test to date. Musk confirmed that the aerospace company has co...
Read More >>The Neutrino Energy Group, a renowned global group of scientists that deal with application research and have a motive of finding alternative energy sources, continues to create new neutrino-based energy technologies that would alleviate the pressure...
Read More >>As per a new study by NYU Langone Health researchers, a new approach to perform spinal fusion surgery leads to reduced blood loss during the procedure and less intestinal blockage, or ileus, postoperatively, and lower operative times as well as hospi...
Read More >>Accenture, a professional services company, has reportedly acquired Arca, an engineering company that focuses on business services and network operations. Following the acquisition, Accenture will reinforce its role as a key partner for the design, ...
Read More >>Google, a multinational technology company, has reportedly unveiled the ‘Tree Canopy Lab’ platform. The launch of this new platform, which combines AI (artificial intelligence) and aerial imagery, is in line with the target of the policym...
Read More >>BASF Canada Agricultural Solutions has recently unveiled its modernized formulation, packaging, & distribution facility in Regina, Saskatchewan. The company has invested above $14 million in facility transformations, making it the biggest agricul...
Read More >>Autodesk, Inc. announced that it has signed a contract to take over Spacemaker for $240 million net of cash. The agreement is subject to customary closing conditions and is estimated to close in the fourth quarter of the financial year 2021 of Autode...
Read More >>The purchase orders have reportedly come from six different clients. Experts are uncertain if the company would be able to fulfill these orders. Neptune Wellness Solutions Inc., a Canada-based fully integrated and diversified health and wellness...
Read More >>MHI Vestas completed the installation of the most robust wind turbine, V164 9.5 MW, on a floating offshore wind platform. Fitted on a platform of Principle Power WindFloat at the installation dock for the floating offshore wind farm of Kincardine, it...
Read More >>Amdocs, a leading software and service provider for communications & media companies, has recently announced a multi-year strategic collaboration deal with Amazon Web Services. The deal has been entered with an objective to provide integrated, cl...
Read More >>RIGOL Technologies, an electronic test equipment manufacturer, has reportedly unveiled ‘StationMax’ at the 1st-ever virtual electronica event. StationMax is a new generation of high-performance time-domain studio. It provides test configu...
Read More >>The Airports Authority of India (AAI), recently entered into an MoU with NTPC Vidyut Vyapar Nigam (NVVN), owned exclusively by National Thermal Power Corporation (NTPC), to install solar plants at airports and subsequently adopt electric vehicles in ...
Read More >>ATIF Holdings Limited, multimedia services and business consulting provider in Asia and North America announced that through Qianhai Asia Times International Finance Services Co. Ltd., its viable interest entity, the enterprise is collaborating with ...
Read More >>Turvo, a leading developer of collaborative logistics software that is designed for international supply chains, has reportedly inked a new partnership deal with SEND, a leading transportation provider. The strategic partnership would give SEND bette...
Read More >>Leading web security solutions provider, Sectigo, has reportedly entered into a global reseller agreement with high-assurance operating systems supplier, Green Hills Software. The partnership enables Green Hills Software in the effective delivery of ...
Read More >>Creador, the Kuala Lumpur-based PE firm focused on partnering with entrepreneurs to grow businesses in South and Southeast Asia, has reportedly announced plans to monetize its investment in Ahmedabad-based pharmaceutical drug manufacturer Corona Reme...
Read More >>Companies such as Vedanta Ltd., JSW Steel Ltd., Jindal Steel and Power Ltd., Hindalco Industries Ltd., and Adani Enterprises Ltd., amongst others are set to bid in the first commercial mining coal blocks auction in India. The 19 coal blocks auction w...
Read More >>NV Energy, a public utility company, has recently issued an RFP (request for proposal) to expand its portfolio by adding new renewable energy projects. The recent announcement happened in line with the approval from the PUCN (Public Utilities Commis...
Read More >>Privafy, the cloud-native cybersecurity firm ensuring secure Data-in-Motion, is collaborating with Micron Technology to provide a safe IoT security solution. With this new solution, Security-as-a-Service (SECaaS) can be easily integrated for OEM devi...
Read More >>Singapore is taking multiple steps to achieve a greener energy mix by initiating plans towards commencing an electricity import pilot program with Malaysia. The country is also making substantial R&D investments on emanating low-carbon technologi...
Read More >>Global payments infrastructure major, TerraPay, has reportedly secured MSB registration with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) to strengthen its ability to efficiently cater to the vigorous money transfer requirem...
Read More >>Mounting concerns regarding the environment and climate change have led to a major shift from conventional energy to renewable and clean power generation. Consequently, the role of utilities in delivering green energy is also evolving. As per ...
Read More >>Coconut Software, a pioneer in providing customer engagement solutions for credit unions and modern banks, announced that it has signed a deal with Arvest Bank. The contract focuses on a business-level customer engagement platform that will enable A...
Read More >>Australia’s renewable energy infrastructure got major impetus recently when Spain-based Iberdrola started the construction of the world’s first hybrid-wind solar energy plant in the nation. The company’s move comes after the a...
Read More >>SEMrush, a renowned competitive research service for online marketing, and Yoast, a leading SEO plug-in for WordPress, together announced the start of their new integration partnership. The new collaboration starts with the launch of an updated vers...
Read More >>Competentia, a Norway-based workforce management and recruiting company, has recently announced that it has signed an acquisition deal with Dare, a contract/staffing agency with over 30 years of experience in recruiting. Reportedly, this acquisition ...
Read More >>BlackBerry, the renowned Canadian software company, has reportedly announced a new collaboration with ServiceNow, an American software firm, to add the BlackBerry AtHoc service into the Now platform for IT service management and rapid crisis communic...
Read More >>Happy Cabbage Analytics, a cannabis data analytics business based in San Francisco announced that it has closed its $1.5 million Series Seed funding. Delta Emerald Ventures, a New York-based early-stage investment enterprise, led the round with co-in...
Read More >>Allison Transmission, a commercial duty automatic transmissions and hybrid propulsion systems manufacturer, has announced the launch of eGen Power. eGen Power is a series of fully integrated, zero-emission electric axles. This new product family wil...
Read More >>AI Solutions Group and AMAX's HPC announced its line of advanced server systems powered by NVIDIA A100 that bring AI training, analytics, and inference to a combined yet scalable platform. The resilient system design has accommodated conventional...
Read More >>IBM Corporation, an American multinational technology company, has reportedly announced that Bank of Thailand (BOT) has introduced a platform based on its blockchain technology for government savings bonds. Sources close to the matter stated that th...
Read More >>CDS has reportedly purchased SimpleUsability, the Yorkshire-based behavioral research company helping brands to understand customer needs. Sources claim that this acquisition is all set to broaden the former’s client proposition by means of str...
Read More >>CSIRO, the major scientific research organization of Australia has planned to adopt solar to power its operations in NSW, ACT, and Victoria through a 10-year energy agreement with Zen Energy, the Ross Garnaut-led retailer. The long-term contract mea...
Read More >>Post months of suspending travel in and out of the country, so as to ensure the prevention of the coronavirus spread amid enforcement of stringent government measures, Saudi Arabia now plans to resume tourist visas by the beginning of 2021.The announ...
Read More >>The Singapore government, is reportedly looking for proposals for electrification of harborcrafts, small harbor boats, that typically use oil as fuel and operate only inside the country’s waters. These vessels are generally used to move a small...
Read More >>Sustainable lender Ecology Building Society has managed to raise £3 million from Core Capital Deferred Shares (CCDS), making it the third and smallest building society to secure capital through this form of instrument. Reportedly, Ecolog...
Read More >>Officials in Michigan, Detroit have taken the sustainable route to curb the region’s carbon footprint through credits. As per the latest news, a Salt Lake City firm named Bluesource Corp. has been chosen by the Michigan Department of Natural Re...
Read More >>Moovaz, a Singapore-based logistics company that provides relocation services, has reportedly entered an agreement to acquire GetVan, an on-demand van rental service provider. Financial terms of the agreement have not been disclosed. As per the stat...
Read More >>Petrobras, Brazil’s state-held oil firm announced that it is restarting trades with the world’s leading oil trading houses Trafigura, Vitol, and Glencore after almost 2 years of suspension amidst a bribery inquiry in between the oil tradi...
Read More >>GE Renewable Energy, the GE unit of General Electric Company, has recently announced that it has signed a wind turbine contract. Financial terms of the contract have not been disclosed. Under the terms of the contract, which has been extended by Mit...
Read More >>Tesla has reportedly started partnering with other companies for the purpose of installing and deploying solar roof tiles at a faster pace. The company had earlier rolled out the 3rd version of its Solar Roof tiles in the month of October the previou...
Read More >>Ecom Express, a leading end-to-end logistics solution provider, has reportedly announced that it is planning to create more than 30,000 new seasonal jobs throughout its operations during the upcoming few weeks as the company is preparing itself to me...
Read More >>RFG (Retail Food Group), a renowned café and restaurant franchise firm, has reportedly sold Dairy Country, its dairy manufacturing and processing unit, to Fonterra Brands, a New Zealand based dairying company. Peter George, RFG executive chai...
Read More >>Canberra is reportedly ready to host two big battery projects amid a recent announcement made by the ACT government. The announcement comprises the supply of additional wind power capacity of a total of 200MW for the national capital at record low pr...
Read More >>GE Renewable Energy has reportedly announced that it has completed the installation and authorization of the 32 MW Meryem and 53 MW Kirazli wind farms located in Turkey. The commissioning forms part of a year ago bigger agreement for the supply of fi...
Read More >>3one4 Capital, a venture capital firm in India, has recently raised funding worth $100 million. It is the 3rd and largest fund raised by the firm to significantly invest in the tech-led startups, which was managed by Siddharth Pai and Pranav Pai, son...
Read More >>Fortescue Future Industries Pty Ltd, a subsidiary of Fortescue Metals Group, has reportedly entered into an agreement with the government of Papua New Guinea and Kumul Consolidated Holdings Ltd, a wholly owned entity holding the PNG government’...
Read More >>Indian electric utility company, Tata Power Limited has announced that its distribution licensee division has invited bids for generating 150 MW of renewable power from solar, wind, small hydro, or a combination, in an attempt to meet its RPO (renewa...
Read More >>Hyderabad-based engineering and digital solutions provider, Cyient Ltd., is reportedly planning on acquiring IG Partners, an Australian consulting firm. Sources with relevant information stated that the buy-out will allow Cyient to expand its digital...
Read More >>Vertical Aerospace, Britain’s leading contestant in the competition to commercialize electric vertical flight, revealed the VA-1X, a vectored-thrust aircraft that signifies an important departure from the company’s earlier multicopter des...
Read More >>Carlyle Group, a renowned US-based investment firm, has reportedly announced that it would be acquiring eight solar-powered electricity projects from BNRG, a, Irish operator and developer solar projects. The company would be purchasing these eight pr...
Read More >>Sustainable tech major, Motiv Power Systems, has reportedly raised a sum of $15 million from GMAG Holdings Corp. The investment will be made via convertible notes that are likely to be converted into an upcoming Series-C funding round by Motiv. This ...
Read More >>China has recently launched a new Gaofen-9 Earth observation satellite as well as 2 smaller payloads from its Jiuquan satellite launch center. Its Long March 2D rocket that carried the satellites was lifted from its launch center in the Gobi Desert. ...
Read More >>Deloitte Touche Tohmatsu India LLP (Deloitte) acquires Spatial Access, an advertising and marketing advisory firm. The acquisition aims to improve the organization’s advisory capabilities and help brands to make an informed decision for adverti...
Read More >>While the world has seen many developments on the vaccine side for COVID-19, the testing for coronavirus remains a high priority for many nations. Until a vaccine comes out, the best bet is to test and isolate the carriers by mass testing. However, t...
Read More >>Japanese multinational conglomerate, SoftBank Group Corp. has recently made headlines after the company invested a total of around US$3.9 billion into 25 major technology companies, including biggies like Amazon.com Inc., Netflix Inc., Tesla Inc., an...
Read More >>Arianespace SA, the world's leading satellite launch company, has reportedly launched two telecoms satellites named Galaxy-30 and BSAT- 4B, with the addition of Mission Extension Vehicle (MEV-2) on an Ariane 5 rocket, finishing company’s fi...
Read More >>Smartsheet Inc, the U.S–based publicly-listed company that markets and develops Smartsheet application, has reportedly announced that Forbes has implemented its Smartsheet platform to accelerate strategic business decisions based on actionable ...
Read More >>Eberhart Capital LLC, the Scottsdale, Arizona-based private equity company, has acquired M. J. Van Damme Inc in a USD 20-USD 50 million deal. This investment is the third construction purchase by the company in 2020. Eberhart Capital, LLC's curr...
Read More >>Gogo Inc., an in-flight broadband connectivity firm based in Chicago, has reportedly posted net losses of over $86 million in the Q2 of FY2020 due to the COVID-19 crisis. According to Oakleigh Thorne, CEO of Gogo, the company has encountered immense...
Read More >>MSD Pharmaceuticals, a renowned global healthcare firm that provides innovative healthcare solutions, has reportedly announced that it has agreed to acquire the cutting-edge biologics plant of Takeda Pharmaceuticals, located in Dunboyne, Co Meath. T...
Read More >>With this acquisition, Zynga enters the growing mobile game market Acquisition anticipated close on 1 October 2020 The deal also diversifies and Expands Zynga’s advertising business Zynga Inc., a San Francisco-based leading interact...
Read More >>Vancouver-based Westport Fuel Systems Inc., has reportedly announced that its Italian subsidiary MTM has inked an agreement with Algerian State-Owned Agency for Distribution and Sale of Oil and Gas (NAFTAL) to supply the developing Algerian market wi...
Read More >>The Nordex Group, one of the world's largest wind turbine manufacturers, has reportedly agreed to sell most of its European onshore wind and solar project development pipeline to German-based RWE AG for USD 474 million (EUR 402.5 million). Sourc...
Read More >>UK-based retail banking company, Metro Bank has decided to purchase distressed P2P lending company, RateSetter for an initial consideration of £2.5 million. According to reliable sources, the acquisition comes just weeks after Ra...
Read More >>Central National-Gottesman Inc., a world leading distributor of newsprint, paper, pulp, tissue, packaging, and plywood, has reportedly announced that the company’s Kelly/Spicers division has expanded its packaging business across Western U.S. b...
Read More >>The fundraising spree seems to be going at unprecedented speed for Reliance Industries Limited. After successfully raising over $20 billion for Jio Platforms in the peak times of coronavirus, Mukesh Ambani led firm is in talks with Qatar Investment A...
Read More >>German green lender, Umweltbank, has reportedly announced that it will furnish a €55 million loan for the development of Anumar’s Schornhof solar park, with a generation capacity of 110 MW and currently undergoing construction in the Bavar...
Read More >>The Asset Management division at Mirabaud has reportedly announced that it has acquired two single-tenant office buildings situated in San Jose, California. While the transaction involves a cost of $95.2 million, the deal has been carried out on beha...
Read More >>As the UK relied extensively on renewable energy sources to generate power in the recent years, the new research report by National Grid ESO stated that carbon emission from the nation’s electricity systems could turn negative as early as 2033....
Read More >>Corporates are slowly beginning to call their staff back to the office as COVID-19 restrictions are gradually being lift off. The Department of Telecommunications (DoT) has extended the relaxation of guidelines to facilitate work from home by Decembe...
Read More >>Leading technology and financial services provider, Xalles Holdings, has reportedly announced that it has entered into a Share Exchange Agreement for the 100 per cent acquisition of Adaptive Metadata Solutions, a major provider of metadata analytics ...
Read More >>Innovative Industrial Properties Inc. (IIP), a real estate investment trust that targets medical-use cannabis properties for acquisition, has reportedly inked a sale-and-leaseback deal with Columbia Care Inc. Apparently, the deal includes around 50,0...
Read More >>The IPGCL (Indraprastha Power Generation Company Limited), the Delhi Government-owned utility, has reportedly granted a 98-day relaxation pertaining to the completion of its 21.5 megawatt solar rooftop projects in government buildings in Delhi. Sour...
Read More >>South Korean electronic component manufacturer, LG Innotek has recently announced that it has built the world's tiniest Bluetooth module, a noteworthy breakthrough that would enable the company to further progress into the communication module ma...
Read More >>Greenhouse gases have always been a major factor impacting overall Earth atmosphere. However, researchers now warn of an alarming rise in methane levels from the agricultural and animal husbandry sector. Scientists claim that some of the main reasons...
Read More >>E-commerce giant Amazon has reportedly debuted a smart grocery cart, called ‘Dash Cart’, complete with sensors, cameras, and a scale to detect and log products on digital displays. The technology has been launched to make it easier for sh...
Read More >>Renewable energy sources have the potential to become a feasible solution to the long-standing environmental as well as energy challenges faced by numerous nations. Having understood their significant benefits over conventional power sources, energy ...
Read More >>Fujitsu Laboratories has reportedly announced that it has developed the world’s first AI technology intended to accurately capture essential features such as the probability and distribution of high-dimensional data. The technology focuses on o...
Read More >>Unacademy, the online learning platform based out of India, has claimed that it has acquired PrepLadder for a valuation of USD 50 million. The transaction was an all cash and stock deal, and has seemingly been undertaken by the Facebook-backed edtech...
Read More >>Japanese conglomerate SoftBank Group Corp is in discussions to sell all of its stake in SBG Cleantech. The company is holding separate talks with Mubadala Investment Company – the sovereign wealth fund belonging to the government of Abu Dhabi, ...
Read More >>American investment bank and financial services firm, Goldman Sachs Group, Inc. has recently acquired a stake in online beauty and cosmetic retailer, Purplle’s two angel investors. For the uninitiated, in 2019, Goldman Sachs had led a...
Read More >>A consortium led by Oil India Limited and Engineers India Limited has reportedly planned to proceed with the acquisition of 48 per cent shares in Numaligarh Refinery Limited, a subsidiary of BPCL. According to Harish Madhav, the Director of Finance ...
Read More >>Global IT services provider Aspire Systems has reportedly announced that it has bought a majority stake in RapidValue Solutions, a leading provider of digital product engineering solutions. This deal involves the purchase of Helion Ventures’ en...
Read More >>The Carlyle Group is reportedly planning to purchase one-fourth of the stake in Nxtra Data, Airtel’s data center business. The deal valuation has been finalized at USD 235 million (close to INR 1,780 crore). With this acquisition, Nxtra’s...
Read More >>The India-based education technology company GetMyUni has declared that it has taken over online learning firm Avagmah from AEON Learning. Acquired in an all-cash deal, Avagmah had raised around USD 5 million from Zodius Capital, MEMG (Manipal Group)...
Read More >>British-Dutch consumer goods company, Unilever, has reportedly announced its acquisition of more than 82 per cent stake in GlaxoSmithKline’s food and drinks division in Bangladesh. The company has reportedly acquired these shares from Setfirst ...
Read More >>The state of Nevada has decided to join California in enacting the latest Zero Emission Vehicle (ZEV) mandate and vehicle emissions standards, despite the Trump administration’s decision to loosen the grip on federal fuel efficiency standards. ...
Read More >>Genetic testing company Invitae is reportedly on its way to purchasing personalized cancer test developer ArcherDX. The deal is speculated to have been finalized at USD 1.4 billion. As per sources familiar with the knowledge of the matter, ArcherDX,...
Read More >>The ongoing coronavirus pandemic has not only impacted the present scenario of several sectors but also likely to influence their future. One of the major fields to have taken the hit of the pandemic is the global aviation industry. As the airlines s...
Read More >>As the ongoing COVID-19 pandemic has significantly impacted the employment landscape in India, several entities have come forward to help workers during such critical times. A similar incidence came into light when students of IIMs, IITs, and other r...
Read More >>The on-going coronavirus pandemic has significantly disrupted the lives and economies across the world. The need of the hour is to safeguard people from viruses that may cause illness. This is essential not only for apparel like hospital gowns but al...
Read More >>Leading payment services company, Square Inc., has reportedly announced its acquisition of Spanish peer-to-peer payment service, Verse, known for its efficient payment facilities across Europe. Square has stated that Verse’s team will effective...
Read More >>Automakers worldwide are revamping their existing operations to chart a course through a radically altered retail environment during the on-going COVID-19 crisis. As part of its worldwide turnaround plan, Nissan Motor Co., Ltd., the Japanese multinat...
Read More >>Tata Power has recently announced that Tata Power Renewable Energy, its subsidiary, will develop a 120-MW solar project for the electrical service company, Gujarat Urja Vikas Nigam. Sources familiar with the matter have stated that the largest integ...
Read More >>Amazon Business has recently launched ‘MSME Accelerate’ initiative, which is likely to go live starting 20th June 2020. Following the launch, Amazon’s website would feature the MSME Accelerate program that would offer a wide range o...
Read More >>Global Clean Energy’s retooled facility will produce 15,000 barrels per day of renewable diesel from proprietary camelina oil and other traditional biofuel feedstocks. Topsoe will deliver basic engineering, license, proprietary equipment and...
Read More >>Uber had received only a 2-month operating license in September for London The company touts close to 45,000 licensed drivers in the city Ride-hailing leader Uber has reportedly launched new safety features for its U.K. business, as it s...
Read More >>With the penetration of the internet, the demand for podcast have surged significantly across the globe. This growing trend has encouraged companies to partner with potential podcast service providers to enhance their business reach. Triton Di...
Read More >>Tech sector in Europe is seen as lagging behind when compared to its Chinese and U.S. counterparts Interest from American investors in private tech sector of Europe encouraged Balderton to launch a new fund Balderton, a venture capital f...
Read More >>On the foundation of the popular digital payment services, China is moving towards a cashless economy. In a bid to offer ease to international users, Chinese mobile payment giants WeChat Pay and Alipay have recently started allowing foreigners to lin...
Read More >>With rising sales of electric vehicles, and the higher adoption of new technologies by the aerospace and automotive sectors, implementation of fiber lasers is witnessing significant growth recently. Global fiber laser manufacturers are increasingly w...
Read More >>ExxonMobil Corporation, a renowned US-based oil and gas company, and Albemarle, a renowned US-based chemical manufacturing firm, reportedly unveiled their new Galexia™ platform. This new platform is designed for the refining industry and is a t...
Read More >>There has been an exponential growth in the number of cyberattacks targeting smartphones to exploit data. In fact, some reports claim, there will be a 50% growth in cyberattacks this year in comparison with last year. Several global software firms ar...
Read More >>Global warming and worsening air quality is virtually impacting almost every living being on earth. To tackle this issues, various companies have devised huge plans to cut their carbon footprints and have adopted renewable energy alternatives to driv...
Read More >>Advanced technologies such as AI, robotics, and analytics have significantly altered the way business carry their operations. Numerous organizations in the world are leveraging the benefits of AI to develop cutting edge solutions for Industry 4.0. M...
Read More >>In March, AT&T had raised prices on its online-TV platform service, DirectTV Now (now known as AT&T TV Now). However, recently the firm announced yet another price hike on its service for customers using its offerings as well as for new subsc...
Read More >>Depleting conventional energy has ignited the need to utilize renewable energy sources. Countries worldwide have started to turn their focus towards developing and adopting renewable energy alternatives such as wind and solar energy. Also, as per the...
Read More >>India’s power transmission sector has experienced extraordinary growth over the past decade, with line length and transformer capacity recording an average growth of 6.5% and 9.6%, respectively. In addition, both financial and operating perform...
Read More >>Various global firms periodically restructure their organization in an effort to prepare the company for success in its coming future and laying off employees that are deemed non-essential is one of the most prominent exercises companies use to refin...
Read More >>Renewable energy sources have evolved as one of the best alternative sources of energy and have gained importance and recognition on a global scale. As Taiwan imports over 97% of its energy supply from foreign countries, developing an indep...
Read More >>The global marine port and service market is expected to witness a substantial growth in the coming years. Owing to this growth, marine service sector is experiencing a general uptick in acquisitions and collaborations lately. One such i...
Read More >>Demand for renewable energy, and by extension, various initiatives for development of solar power programs have experienced a substantial growth in recent times due to increasing environmental concerns and advancements in clean energy technologies. V...
Read More >>Renascent Power Ventures to acquire 75% stake in Prayagraj Power Project following APTEL approval TATA Power has recently announced that the Appellate Tribunal for Electricity (APTEL) has approved the acquisition of 75% stake in the 1,980 MW Prayag...
Read More >>India has a diversified set of partnership in the middle east region, maintaining a healthy relationship with Gulf Cooperation Council countries. Saudi Arabia has been playing a vital role in reforming India’s economy and is a fourth-largest tr...
Read More >>In the United Kingdom, CMA (Competition and Markets Authority) is a unit of the non-ministerial government department (NMGD) that is responsible for strengthening business competition and reducing and preventing anti-competitive activities. The agen...
Read More >>Ride sharing and ride hailing businesses are presently making significant progress across the world due to its convenience and cost effective nature. However, safety and background of drivers turns out to be a major point of concern for passengers ad...
Read More >>Thermoplastic composites (TMCs) made from structural polymer composites have various uses in automotive, aerospace and construction industry. With rising demand in the transportation sector, several companies are now expanding their production capaci...
Read More >>No matter what kind of business it is, having a website helps in reaching more clients. Today, WordPress is one of the leading content management systems in the world and reportedly around 34% of websites on the internet are based on it. Automattic,...
Read More >>Compound semiconductors have become the focus of development in the past few years as semiconductor engineers have worked hard to obtain the next better device. Among these, GaN has gained prominence as it can be well suited for high voltage conversi...
Read More >>After numerous years of dodging exposure to major scandals, the automobile industry was pushed into the storm of judgment when Volkswagen was found to have been dishonest about their car emission testing. The German car giant was exporting diesel car...
Read More >>The agreement will establish a Cisco Co-innovation Centre and a new position of a Cisco Chair of IoT The agreement will also give access to Cisco’s Digital Schools Network for all educators and students Cisco Systems, Inc...
Read More >>This is McDonald’s second acquisition this year, earlier this year it acquired Dynamic Yield, an online personalization startup for over $300 million. This acquisition would reduce wait times and could enable restaurants to function with sma...
Read More >>DXC Technology has joined other international firms to expand its offshore base in India as the company struggles to hire talent across developed markets like United States. The inability to hire employees rapidly, costed $100 million to ...
Read More >>Global system integrator takes over security solutions industry-leader Life Safety Solutions Provider Founded in 1978, LSSI has an industry experience spanning over 4 decades, and has built and maintained long-lasting customer relationship...
Read More >>This project is predicted to double the gas exports of country and eventually turn the nation into an important energy player. Total will make a “National Content plan” to further set out local advances, develop access points o...
Read More >>With this contract, Utah Interactive would focus on providing consistent digital federal services. The state of Utah has recently awarded Utah Interactive LLC, a subsidiary of government digital service provider NIC Inc., with a new enterprise contr...
Read More >>Harvest Alaska, a privately held midstream service provider, recently announced that it will buy the entire ownership of BP Transportation Alaska under midstream interests in Alaska, which also includes an interest of 49% in Trans-Alaska Pipeline Sys...
Read More >>The company aims at international standardization of public symbols from this trial, which would be conducted at Chofu City, Tokyo. The rollout of dynamic sign would make it more convenient and easier for visitors to find their path across...
Read More >>Procurement of Scotty Labs delivers DoorDash access to Scotty’s remote controlled and autonomous vehicle tech. Scotty Labs is the second procurement by DoorDash for the month, following its acquisition of Caviar. DoorDash Inc., a S...
Read More >>The extension would enable Huawei to maintain existing telecommunications networks and provide software updates to its handsets. U.S. Commerce Secretary Wilbur Ross has recently announced that the government has decided to extend a re...
Read More >>ORIX Corporation owns 49% stake in each of IL&FS’s seven power plants Proposal has now been filed with NCLT after the completion of Share Purchase Agreement In a bid to sell its wind power business, Mumbai headquartered leasing...
Read More >>Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly announced...
Read More >>Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly announced...
Read More >>Komatsu commits to rollout New Relic at all its Smart Construction sites. The construction equipment company raises its consumer response request time by about 30 times. New Relic, a leading cloud-based instrumentation platform made to support c...
Read More >>The car makers are reportedly planning to reframe their partnership to build up new negotiations with Fiat Chrysler. French car-maker Renault SA and the Japanese constructor Nissan Motor Company are reportedly considering implementing changes to the...
Read More >>The PSCSC will adjust the fuel component after reviewing the cost of the fuel rates New rates would go into effect from 1 October this year if the proposal is approved Duke Energy Carolinas, a provider of gas and electric services, recen...
Read More >>Cubans will not have to travel to centralized public sites for connection anymore Mobile phones in Cuba have access to 3G connectivity since December Cuba has extended internet access to citizens countrywide while trying to control and d...
Read More >>China National Offshore Oil Co (CNOOC) and Abu Dhabi National Oil Co (ADNOC) have recently signed a memorandum of understanding (MOU) for liquefied natural gas (LNG) trade, oil refining as well as upstream exploration & development activities.&nb...
Read More >>Bayer AG, the Germany-based multinational pharmaceutical and life sciences company, plans to bring 500 hundred jobs to Creve Coeur campus and has invested US$164 million for the facility’s improvement. Missouri’s Governor Mike Parson sai...
Read More >>Selling Simplified Group Inc., a privately-held provider of marketing solutions and B2B data, recently announced that it has expanded its presence in the Asia pacific (APAC) region following the opening of its new office in Hong Kong. The new office ...
Read More >>AppLovin, a mobile marketing and gaming platform that offers tools for game development around monetization, user acquisition, analytics and publishing, recently announced that it has acquired SafeDK, a software development kit (SDK) platform. ...
Read More >>Cactus Outdoor, New Zealand-based outdoor clothing brand recently announced acquisition of garment manufacturer, Albion Clothing. Cactus did not reveal details regarding the financial transaction. However the company confirmed that both the firms wil...
Read More >>Hyundai headquarters recently approved the Smart EV project that aims to introduce smart electric vehicles to the Indian market. Products developed under the initiative are expected to hit showrooms in two to three years. Hyundai Motor Co, (Hyun...
Read More >>Lightsource BP, the renowned solar energy market player, has reportedly acquired a large number of projects in Brazil. The move is said to be against Lightsource’s aim to expand its current global capacity. As per sources familiar with the kno...
Read More >>In a fundraising round led by present investors like Naspers and EQT, a Europe-based startup firm Dott has secured 30 million euros for launching electric bike rental business and to introduce a brand new range of electric scooters. Europe’s V...
Read More >>Swiss holding company Blackstone Resources AG, has reportedly joined hands with some of its strategic partners across Poland, Germany, Austria, and Belgium. The aim of the partnership is for the company to build and finance its own research team in c...
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