Cuba to expand internet connectivity while maintaining strict control

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 con....

South Korea to dispatch a naval unit to Strait of Hormuz for security

The country aims to join US-led Maritime force to guard the oil tankers sailing through Strait of Hormuz by sending a Cheonghae unit. This came in response to a U.S.' request to join Washington-led maritime security initiative. Sou....

Apple acquires 5G smartphone modem chip unit of Intel for USD 1B

The deal requires Intel to develop modems for devices other than smartphones California-based leading tech company Apple has reportedly announced the acquisition of Intel’s smartphone modem business valued at USD 1 billion. For the....

Sodexo BRS values fintech startup Zeta at $300Mn post Series C funding

The company plans to expand its branches in 7-8 countries within 18 months while doubling its engineering team. Zeta, an Indian fintech startup led by Ramki Gaddipati and Bhavin Turakhia, has reportedly managed to secure an undisclosed amo....

CNOOC and ADNOC ink new agreement on oil refining and LNG trade

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 acti....

Sun Cable proposes to build worlds largest solar farm in Australia

Singapore-based power cables providing company Sun Cable recently proposed the establishment of a S$19 billion solar farm near Tennant Creek which will be connected by a 3,800km cable to Singapore and is estimated to be the world&rsquo....

VMware to buy machine learning acceleration startup Bitfusion

The Texas-based start-up has created an elastic & virtual OS for hardware accelerators. VMware Inc., a software company, recently announced plans to acquire Bitfusion, a Texas-based firm that delivers ground-breaking AI infrastructure ....

GRC partners with Nihon Form Services for data center cooling in Japan

A leading provider of data center immersion cooling, GRC has reportedly announced its new partnership and licensing agreement with Tokyo-based IT and communications equipment manufacturer, Nihon Form Services (NFS). Apparently, NFS will hel....

Bayer confirms move to add 500 jobs at its Creve Coeur facility

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 ....

Oyo acquires co-working space startup Innov8 for INR 200 crores

The purchase marks Oyo’s first footprint into the commercial real estate segment. In a bid to expand its business operations to 50 centers by the end of 2019, India’s leading hospitality chain – Oyo Hotels & Homes has....