Mouser Electronics and Transphorm sign new global distribution deal

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 voltag....

Total partners with Envision to tap on China’s solar energy market

Smart solar energy is an emerging field and has virtually fascinated nations worldwide by means of its power generation capability. With the ongoing IoT revolution, companies and end-users are constantly acquainting themselves with the late....

Volkswagen settles multi-million-dollar Australian dieselgate scandal

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 ....

U.S. signals security concerns over Huawei’s 5G network to Gulf allies

The U.S. have told its allies in Persian Gulf to think wisely before using Huawei’s 5G network services and products over security risk. Allegations imposed by the U.S. have been rejected by Huawei. The United States has highligh....

La Trobe University and Cisco join forces for IoT innovation

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 Sy....

Gevo inks joint development agreement with Australia’s Leaf Resources

Gevo and Leaf Resources has signed a joint development agreement to explore the possibility to convert cellulose derived sugar and glycerol as an alternative fuel.   The joint development agreement is structured around three phases....

McDonald’s acquires AI firm Apprente to change drive-thru experience

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 functio....

Walker Die Casting acquired by Allison Transmission for $103 million

Walker manufactures aluminum castings and has been a supplier of the same to Allison from last 20 years. C&R Tool and Engineering and Walker Die Casting will operate as Allison Transmission plants and both companies will continue to ....

DXC Technology to hire 10,000 people in India with digital tech skills

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 m....

WeWork to slash its IPO valuation below $25 billion due to weak demand

WeWork lends workspaces on rent to businesses and start-ups and was founded by CEO Adam Neumann in 2010.   WeWork last raised capital at a valuation of $47 billion in the private market. Even with a $25 billion valuation, appetite ....