Saudi Arabia plans a long-term investment worth $100 billion in India

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-....

Gojek launches Goplay to deliver video streaming services in Indonesia

· Goplay to rival Netflix in Indonesia · Subscription will start at US$6 a month Indonesia-based transportation and payments company Gojek has reportedly launched a video streaming platform, Goplay, that will feature TV Show....

Chinese wind turbine maker Goldwind launches a new 8 MW turbine

· Goldwind is the largest turbine manufacturer in china with over 32,000 units installed worldwide. · The company plans to run a drag test of the turbine for two months. Goldwind, a Chinese manufacturer of wind turbines, has....

UK’s competition watchdog fines PayPal over the acquisition of iZettle

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.....

Uber obtains a two month extension to its license to operate London

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 pas....

Facebook buys Servicefriend to build messaging bot for Calibra users

Social network giant Facebook has reportedly acquired Servicefriend, a chatbot startup, with the apparent aim to provide customer service for Facebook Calibra users. Facebook will be collaborating with Servicefriend to build a messaging bot....

Solvay to expand thermoplastic composites capacity at its U.S. plant

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 product....

Automattic raises $300 million funding from Salesforce Ventures

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. A....

Conecta Wireless allies with Tata Communications for digital services

Digitalization has become an integral part of businesses worldwide. With increasing emphasis on digital transformation, IT organizations across the globe have started expanding their business reach by partnering with industry leaders. A si....

Cadence forays in system analysis & design with Celsius Thermal Solver

The product’s immense parallel execution capabilities deliver 10x faster performance without losing accuracy.   The product integrates with Cadence IC, package as well as PCB implementation seamlessly and simplifies accelerat....