About Author : Akshay Kedari


Akshay Kedari

Akshay holds a Bachelor’s degree in computer engineering. Despite having a penchant for software development and the like, Akshay took to writing as a career owing to his passion for the field. Presently, Akshay writes articles for itresearchbrief.com and a few other portals. He has also worked awhile in web development, and expertly harnesses his knowledge of the degree to his professional advantage in content development.



Contribution by: Akshay Kedari

Daimler India faces heavy net losses due to pandemic-induced slowdown

Daimler India Commercial Vehicles Pvt. Ltd., a subsidiary of German automotive corporation, Daimler AG has registered a net loss of over USD 57.2 million for the fiscal year ended March 2021, making it the fourth consecutive year that the company has...


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Baidu-owned robotaxi service Apollo Go to expand to 100 cities by 2030

Baidu's robotaxi service Apollo Go is reportedly planning to expand its footprint to at least 65 cities by the end of 2025 and over 100 cities by the year 2030. Confirming the news, Baidu's co-founder Robin Li stated that Apollo Go’s s...


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Spark Connected, AutoX to wirelessly power sensors in Level 4 AVs

Wireless power technology company Spark Connected is reportedly collaborating with Auto X, a leading autonomous driving firm, to integrate wirelessly powered sensors in level 4 autonomous vehicles (AVs). In its wireless power solutions journey till ...


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Uber plans to dispatch yellow cabs in New York to curb driver shortage

Uber is reportedly considering partnering with New York City's yellow cabs to dispatch them through their apps and compensate for the company’s recent driver shortages. This will be a supplement to its private hire service Uber X, and will ...


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Amazon-backed Acko enters the unicorn club with USD 255 Mn funding

Insurtech startup Acko becomes the latest Indian startup to achieve unicorn status, following over three dozen others in the world's second-largest internet market this year. The Bangalore-based business has announced to have secured USD 255 mil...


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Indian fintech startup CRED raises USD 251 million in Series E funding

Bangalore-based fintech startup CRED has reportedly secured USD 251 million in Series E funding round led by Tiger Global Management LLC and Falcon Edge Capital LP. This is the company’s third funding round in 2021. If sources are to be believ...


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Power Global to invest USD 25 Mn to build battery-making unit in India

United States-based startup Power Global is reportedly planning to invest USD 25 million to develop a lithium-ion battery manufacturing unit as well as battery swapping infrastructure in India in the coming years. The company is constructing a one-g...


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Robo-advisor startup Fount raises USD 33.4 million in Series C funding

South Korea-based AI investment solution company Fount has reportedly raised USD 33.4 million in a Series C funding round. The company intends to use the fresh funds to acquire a new talent and boost its machine learning platform development. Fount ...


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Mercedes-Benz India expects to cross 10,000 vehicle sales by year-end

Demand for cars and after sales services has increased since the second half of June 2021. The company has reportedly sold 8,958 units during the first three quarters this year. Mercedes Benz India Limited is likely to surpass the 10,000 unit sa...


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Reliance Retail to soon open 7-Eleven convenience stores across India

The retail arm of Reliance Industries, Reliance Retail Ventures Limited (RRVL), has recently signed an agreement with U.S.-based multinational chain 7-Eleven, Inc. for opening 7-Eleven stores in India via its fully owned subsidiary, 7-India Convenien...


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BevCanna partners with UNFI to expand distribution network in Canada

BevCanna aims to strengthen its presence in the North American market in the coming years. UNFI Canada will distribute BevCanna products to retailers throughout the country. BevCanna Enterprises, Inc., a leading producer of health & wellness...


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Volvo Cars report 30% drop in September sales amid material shortages

Volvo Car Group has reported a 30.2% drop in sales in the last month, primarily due to the global chip shortage which has significantly affected the Swedish automotive giant’s production. The company’s global sales had reached 47,223 unit...


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Vedantu obtains unicorn status after raising USD 100 million in funding

Online learning platform Vedantu has reportedly secured USD 100 million during a Series E funding round. The company is now the latest Indian startup to join the Unicorn club following a strong growth year. The latest funding was led by Singapore-ba...


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Amazon & Flipkart to lock horns during India’s upcoming festive season

Major e-commerce platforms Amazon Inc. and Flipkart are reportedly preparing to capitalize heavily on the upcoming festive season in India. Both firms seek to overtake each other in the race to reach online shoppers first. Recently, Flipkart had ann...


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Tesla expands Full Self Driving program beta access to more users

Tesla Inc. has reportedly enabled more drivers to access the beta of its Full Self Driving (FSD) program via a ‘request’ button on the car’s dashboard screen. This news comes despite serious concerns expressed by the head of the Nat...


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AstraZeneca shares soar as Enhertu found to reduce breast cancer risks

Shares of AstraZeneca plc have witnessed a substantial hike after it revealed positive results from Enhertu trials, a breast cancer drug candidate which is being developed by the British drugmaker. If sources are to be believed, Enhurtu reduced the ...


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Investors urge governments to tighten climate accounting protocols

Investors controlling over USD 2.5 trillion have reportedly urged governments to require auditors and companies to align their financial reporting methods to accommodate the world’s net-zero emissions target. A letter addressed to COP26 Presid...


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Indonesia in talks with WHO to become global vaccine manufacturing hub

Indonesia is in discussion with the World Health Organization (WHO) together with six pharma companies to establish itself as a global vaccine manufacturing hub, as stated by the country’s health minister. Budi Gunadi Sadikin mentioned that In...


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Glassdoor buys social networking app Fishbowl to compete with LinkedIn

Glassdoor, a platform where current and former employees anonymously review companies, has recently acquired Fishbowl, which also offers the same feature, as well as options to join interest-based conversation groups to chat about work and search for...


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Chevron to sell SAF test batch to Delta Air for tracking emissions data

Chevron, an American multinational energy corporation, is reportedly planning to manufacture a sustainable aviation fuel test batch at its El Segundo Refinery. The company seeks to sell the test batch to Delta Air Lines at Los Angeles International A...


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IPO-bound Delhivery secures USD 76 million from Lee Fixel’s Addition

The Gurgaon-headquartered logistics firm Delhivery has reportedly secured USD 76 million from Lee Fixel’s firm, called Addition LLC, during a Series l funding round. This development comes after the startup had bagged USD 100 million from FedEx...


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China NMPA approves clinical trial of Gannex’s ASC42 for liver disease

Biotech company Gannex Pharma Co. Ltd. recently announced that the China National Medical Products Administration (NMPA) accepted its clinical trial application of ASC42 for treating patients with primary biliary cholangitis (PBC), a chronic form of ...


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Reddit bans COVID-19 misinformation forum following site-wide protests

Social news aggregation and discussion website Reddit has reportedly banned an active subreddit created for spreading misinformation about COVID-19. The decision comes after several other subreddits demanded that the site administrators act against t...


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Boston’s Whoop valued at USD 3.6 billion after investment by Softbank

Fitness tracker startup Whoop has raised USD 200 million in a new funding round led by Japan-based SoftBank’s Vision Fund 2, valuing the company at USD 3.6 billion. With the fresh capital, the valuation of the wearables company has tripled sinc...


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IPO-bound Paytm allies with HDFC to empower newly digitized businesses

Two of the greatest players in the Indian payments sector, HDFC Bank and Paytm have entered into a strategic partnership to share their networks and jointly offer payment solutions like point-of-sale machines, payment gateways, and credit products to...


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Danggeun Market reaches unicorn status with USD 162 Million funding

South Korea-based online thrift marketplace Danggeun Market has reportedly raised USD 162 million in a Series D round led by DST Global, pulling the company’s valuation to USD 2.7 billion. The round also saw contributions from existing investo...


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HSBC eyes Axa Singapore’s assets worth USD 575 million for Asia expansion

HSBC Holdings has agreed to purchase assets of Axa Singapore for USD 575 million, a move that will help the banking giant to expand its wealth-management business in Asia. The deal is considered to be HSBC’s largest acquisition since merging it...


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Unity Technologies inks agreement to acquire Parsec for USD 320 million

US-based video-game software developer Unity Technologies has reportedly agreed to acquire Parsec, an application that enables gamers and creative professionals to work together from anywhere across the world. Under the agreement, Unity Technologies...


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U.S. government in talks to wean off airlines from fossil fuels by 2050

Instead, Sustainable Aviation Fuel (SAF) is being considered as an alternative to fossil fuel. The U.S. government is likely to provide a minimum of USD 2 as an incentive on each gallon of SAF sold. U.S. President Joe Biden’s administratio...


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YouTube introduces USD 100 million fund to boost monetization in Shorts

YouTube content creators are in for a treat, with the platform offering to pay anywhere between USD 100 and USD 10,000 for their videos on the company’s TikTok-rival Shorts. The company has reportedly launched a USD 100 million YouTube Shorts F...


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Federal Reserve confirms U.S. economic recovery despite COVID-19 surge

The U.S. Federal Reserve in its recently issued policy statement that remained upbeat and mentioned continued discussions about the ultimate withdrawal of monetary policy support stated that the country’s economic recovery is still on track des...


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Rivian to open a second assembly plant through USD 5 billion investment

The new plant, which is called the “Project Tera” will be launched in the U.S. Rivian expects to create around 10,000 job opportunities with the new assembly plant. American electric vehicle maker Rivian Automotive LLC has reportedl...


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GOAT Brand Labs secures USD 36 million in Series A funding round

Apparel-centric platform GOAT Brand Labs has reportedly raised USD 36 million in its first funding round that was led by Flipkart Ventures, Tiger Global Management, and Mayfield. The new funds involve a mix of equity and debt. Other investors in the...


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Suzuki and Daihatsu planning to join Toyota’s electrification venture

Japanese automakers Suzuki Motor Corp. along with Daihatsu Motor Co. Ltd. are joining the commercial EV coalition led by Toyota Motor Corp. to launch electric vehicles by providing small affordable cars by 2025. For those unaware, the Commercial Jap...


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Aquafarming startup Aquaconnect bags USD 4 Mn in pre-Series A funding

Chennai-based aquaculture startup, Aquaconnect has reportedly raised USD 4 million in a pre-Series A funding round led by Flourish Ventures and Rebright Partners. The event also saw participation from new companies like 6G Capital and AgFunder, and c...


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McDonald’s offering tuition, childcare benefits to entice new employees

The move comes as several restaurants are facing worker shortages during their recovery efforts. McDonald’s and its franchisees will co-fund the added benefits through a multimillion-dollar investment. McDonald's franchisees have star...


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Texas Instruments launches new MCU portfolio with enhanced performance

American technology company, Texas Instruments Inc. has recently introduced a high-performance microcontroller (MCU) portfolio, coined Sitara AM2x MCUs, featuring improved analytics, real-time control, and networking applications. Using the new MCUs...


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Israel's AnyVision raises USD 235 Mn funding from SoftBank, Eldridge

Artificial intelligence-based facial recognition startup AnyVision recently announced that SoftBank and Eldridge led its USD 235 million funding round, as it witnesses increasing buyers for AI surveillance despite the ethical concerns and debates ass...


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IDE Water Technologies to launch seawater desalination plant in Mumbai

IDE Water Technologies has reportedly signed an agreement with MCGM (Municipal Corporation of Greater Mumbai) to develop a seawater desalination plant that can be further expandable up to 400 MLD. For the unversed, Israel’s IDE Water Technolog...


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TPG Telecom and Nokia launch the world’s first 5G standalone service

TPG Telecom in partnership with Nokia has reportedly launched the world’s first live 5G standalone network service on a 700MHz spectrum band in Australia. The 700MHz spectrum band is the lowest frequency band in the country and its range would...


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IBM expands 5G deal with Verizon, Telefonica by adding cloud, AI tools

Multinational tech giant IBM Corp. is reportedly planning to offer telecom operators Telefónica, S.A. and Verizon Communications Inc. new services ranging from artificial intelligence technology to running 5G solutions through a cloud platform...


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Microsoft enters exclusive USD 2 trillion market cap club after Apple

Multinational tech giant, Microsoft Corporation, has reportedly marked another major milestone after its market capitalization reached USD 2 trillion for the first time. The Washington-based tech giant comes second to only Apple as the world’s...


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Univision to launch a new video streaming platform for Spanish content

Univision Communications Inc., America’s first Spanish language television network has announced its plans for a comprehensive global streaming service that will host both premium-subscription-based, and free ad-supported options, to be availab...


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Porsche planning to team up with German battery maker Custom Cells

Porsche AG is reportedly planning to enter a joint venture agreement with Custom Cells, a Germany-based lithium-ion battery maker. The automotive giant intends to develop superior car batteries with high energy density in its current electric cars th...


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Thomas Cook, SOTC Travel introduces ‘holiday first, pay later’ scheme

Integrated travel services firm Thomas Cook India together with SOTC Travel Ltd. have reportedly launched a scheme that provides Indian customers the freedom to first enjoy the vacation and then pay after returning from the trip. They have also imple...


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Car bidding platform Motorway bags USD 67.7 million in Series B funding

Motorway, a U.K. car bidding & selling platform, has reportedly secured USD 67.7 million during a Series B round that was led by Index Ventures in tandem with new investors including Unbound and BMW i Ventures. Existing investors such as Marchmon...


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Italian carmaker Ferrari turns to tech industry for electric era leader

Ferrari has hired 52-year old tech executive Benedetto Vigna as its next CEO. The company intends to launch its first fully electric supercar in 2025. In a bid to adapt to the new electric era, Italian luxury sports car manufacturer Ferrari S.p...


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Google’s Gradient Ventures leads Vault’s USD 8.2 Mn Series A funding

London-based Vault Platform has reportedly secured USD 8.2 million in a Series A funding round led by Google’s artificial intelligence-focused Gradient Ventures. The funding round also saw participation from Illuminate Financial as well as exis...


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Mercedes-Benz to use carbon-neutral steel in vehicles starting 2025

Mercedes-Benz has recently announced to use CO2-free steel from 2025 for its vehicle production. This move by the German luxury carmaker is in line to achieve carbon neutrality by 2039, under its Ambition 2039 project. The company further aims to mak...


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TVS Motor strengthens its presence in Iraq by launching 2 new vehicles

Indian motorcycle manufacturer TVS Motor Company Limited is reportedly launching two new vehicles in Iraq and opening a new showroom in Baghdad. The move will allow the multinational motorcycle company to reinforce its presence in the country. The n...


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Tesla Inc. loses U.S. checkmark for some advanced safety features

The U.S. National Highway Traffic Safety Administration (NHTSA) recently announced that two models from Tesla’s vehicle lineup won’t be labeled as having some of the advanced safety features as the company is transitioning to a camera-bas...


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Noom secures USD 540 million in Silver Lake-led Series F funding round

Digital health & weight loss platform Noom has reportedly secured USD 540 million in a Series F funding round which was led by global private equity firm Silver Lake Partners. The latest funding round also saw the participation from other invest...


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U.K.-based AI startup Faculty bags USD 42.5 million in growth funding

Faculty Science Ltd., a British AI startup, has reportedly secured USD 42.5 million during a growth funding round which was led by a private equity firm Apax Digital Fund. According to reliable sources, Faculty has now secured a total of USD 56.6 mi...


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Pizza Hut adds Beyond Meat’s plant-based menu to its Canadian stores

Yum! Brands-owned restaurant chain Pizza Hut and the renowned plant-based meat producer Beyond Meat have reportedly extended their partnership by introducing new vegan menu items in Canada. Sources with relevant information stated that exactly three...


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JD Logistics looking to raise USD 3.4 billion during its Hong Kong IPO

The profit margin of JD Logistics has risen by 8.5% between January and September 2020. The revenue share from external customers also increased by 43.4% in the same period. JD Logistics Inc. a subsidiary of Beijing-based e-commerce company JD.c...


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Ford aims to strike big with its new F-150 Lightning pickup truck

American multinational automaker Ford Motor Company recently revealed the name of its new electric pickup truck, the F-150 Lightning. Sources close to the matter stated that the pickup truck will debut on 19th May in Dearborn, Michigan. The launch e...


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Swisscom picks Nokia for optical transport infrastructure upgrade

Finnish multinational telecommunications giant Nokia Corporation has recently announced that it will assist Swisscom in upgrading the Swiss operator’s existing transport infrastructure to a fully automatic and superior capacity optical transpor...


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Amazon’s Rivian electric delivery vans hit the streets of Colorado

Denver, Colorado is now the third major city, after Los Angeles and San Francisco, to see Amazon packages being delivered by Rivian electric vans. The largest online retailer has been using Rivian electric vans for delivery services across three citi...


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Bibit raises USD 65 Mn in funding round led by Sequoia Capital India

Indonesian mutual fund investing application Bibit has reportedly raised USD 65 million in another growth funding round led by Sequoia Capital India, which led a USD 30 million growth round in the app four months back. The latest round included part...


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Google Assistant will soon be able to accurately pronounce names

California-based multinational technology company Google LLC has announced an update for the Google Assistant, the popular artificial intelligence-powered virtual voice assistant. By launching this update, the company aims to improve contextual aware...


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U.K. to become the first nation to allow self-driving cars on motorways

The U.K. government recently announced that it will regulate the use of self-driving vehicles on highways at low speeds, with the first of such vehicles hitting the public roads by the end of this year. In slow-moving traffic, drivers may soon be ab...


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WHO lends helping hand to India to curb the spike in COVID-19 cases

The World Health Organization (WHO) is showing signs of leaving no stone unturned in assisting India contain the massive surge in coronavirus cases after it recently announced its plans for supplying oxygen and other critical supplies for the country...


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MG Motors India allies with Devnandan Gases to boost oxygen production

MG Motors India has recently announced its partnership with Devnandan Gases, a Gujarat-based oxygen gas producer, to boost the production of medical oxygen. The announcement comes as the nation reels in an acute shortage of oxygen tanks stemmed from ...


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Impossible Foods planning Australia, New Zealand entry amid IPO rumors

The plant-based meat market has been witnessing significant expansion off late, with an increasing number of startups eyeing worldwide expansion to cater to the growing demand for organic foods. One such company, Impossible Foods Inc., is reportedly ...


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Tencent Cloud boosts its footprint with launch of Indonesia data center

Tencent Cloud has announced the launch of an Internet Data Center (IDC) in Indonesia, to provide customers with backbone access through improved networking and border gateway protocol capabilities. The Chinese tech giant said that the investment is ...


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U.S. FDA extends review period of Pfizer’s abrocitinib by three months

The clinical tests of Pfizer’s drug included adolescents as well as adults with moderate-to-severe atopic dermatitis. The inhibitor had showed positive results and high efficacy for treating eczema. In recent developments, American multina...


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TIM Brazil picks Ceragon Networks to partake in TIP 5G OpenRAN trials

Ceragon Networks Ltd., an Israel-based networking equipment vendor, has reportedly been chosen by the Brazilian subsidiary of Telecom Italia, TIM Brazil. The duo will participate in the TIP (Telecom Infra-Project) and INATEL (National Telecommunicati...


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Google Maps can now direct motorists towards low-carbon-footprint paths

Google LLC, an American multinational technology firm, has recently released a new feature to its highly popular web mapping service Google Maps. According to reliable sources, the new feature will direct drivers towards routes that create the lowes...


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SpaceX’s fourth Starlink launch deploys another 60 internet satellites

In recent developments, California-headquartered aerospace manufacturer and space transportation service provider, Space Exploration Technologies Corporation, commonly known as SpaceX, has successfully launched its Falcon 9 rocket from the Cape Canav...


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Intel planning to spend USD 20 billion on new chip manufacturing plant

Intel Corp. an American multinational technology company is reportedly planning to expand its manufacturing capacity. The CEO Pat Gelsinger has announced a USD 20 billion project to set up two chip manufacturing factories in Arizona, U.S. and open up...


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Samsung Electronics launches new series of high-resolution monitors

South Korea-based multinational electronics giant Samsung Electronics Co. Ltd. has reportedly launched a series of new high-resolution monitors to boost its sales amidst the rising trend of online learning and working remotely. According to reliable...


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MobiKwik planning for an IPO to raise USD 250 million by September 2021

One MobiKwik Systems Pvt. Ltd., an Indian technology company that provides digital payment solutions, is reportedly planning to go public before September 2021 through an IPO in order to raise around USD 200-250 million. The company is currently loo...


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Lordstown Motors under SEC probe after reports of misleading investors

In a recent turn of events, U.S.-based electric vehicle manufacturer, Lordstown Motors Corp. has been accused of allegedly misleading investors about the legitimacy of its preorders as well as its readiness to start production this year. The allegati...


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Nokia joins forces with Cloud majors for developing new 5G solutions

Nokia Corporation, Finnish multinational telecommunications, IT, and consumer electronics giant, has reportedly partnered with major cloud providers, including Amazon, Microsoft, and Google Cloud for developing 5G solutions. Tomi Uitto, Nokia Presid...


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Facebook officially launches Instagram Lite, targets emerging markets

Facebook has been witnessing considerable growth in the recent past, especially in developing economies. The American technology conglomerate has made another key move to cater to these markets by officially launching Instagram Lite, a smaller Androi...


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Microsoft Surface Laptop 4 hinted to come with AMD and Intel variants

Microsoft Corporation’s upcoming addition to the Surface lineup, the Surface Laptop 4, will reportedly include both Intel and AMD options. Sources with knowledge of the matter stated that AMD will use chips from the Ryzen 4000 mobile series, su...


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Twitter Spaces beta version expands to Android under certain conditions

Renowned micro-blogging and social networking service Twitter Inc. has reportedly launched its audio chat room platform Spaces for Android users. Confirming through a tweet, the American tech giant confirmed that the beta version of Spaces has been e...


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NetApp reveals partnership with Aston Martin Cognizant Formula One Team

American hybrid cloud data services and data management company NetApp has announced to have signed a multi-year joint venture agreement with the Aston Martin Cognizant Formula One team to support the automotive giant prepare for its return to Formul...


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Zoom EV’s new car share program gets insured by Trov Mobility

California-headquartered insurance technology company Trov, Inc. has reportedly initiated a joint venture with electric vehicle (EV) sharing platform Zoom EV as a part of its business expansion program. Following the agreement, vehicles on Zoom&rsquo...


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Twitter explored ShareChat acquisition to turn Moj into TikTok rival

Twitter, an American microblogging and social networking service firm, had reportedly tried buying the Indian social media startup ShareChat and use its short video platform Moj as a global competitor to TikTok. Sources close to the matter stated th...


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Virginia’s Serco to revolutionize defense consulting with WBB buy-out

Leading provider of technology, professional, and management services Serco Inc. has reportedly signed a definitive agreement to acquire WBB (Whitney, Bradley, & Brown) Inc., a company that provides advisory, engineering, and technical services t...


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Zymo Research’s new service could curb the spread of COVID-19 variants

California-based biotech firm Zymo Research has reportedly introduced a COVID-19 Variant Sequencing Service, adding to the organization’s end-to-end SARS-CoV-2 solutions, starting from sample collection to detection. With this technology, Zymo...


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Positioning Universal Inc. launches AI-powered fleet camera solution

California-based telematics equipment provider Positioning Universal has announced to have launched a new AI-powered dual-camera solution that seamlessly integrates video and telematics in a smaller footprint as compared to other solutions. Sources ...


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Modaxo Inc. acquires TTG Transportation to revolutionize rail travel

Modaxo, Inc., a global collective of people transportation companies, has reportedly extended its investment in the Rail sector by acquiring TTG Transportation Technology. TTG Transportation, with offices in Australia and the United Kingdom, has bee...


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Toyota unveils Woven Planet tech unit, assures world’s safest mobility

Worldwide automakers are lately focusing on improving the safety of self-driving and connected vehicles. Amidst this highly competitive environment, Japanese automotive giant Toyota Motor Corporation has reportedly introduced a new research unit call...


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AT&T under USD 1.35 billion lawsuit for stealing copyrighted technology

A technology firm from Seattle Networks App LLC has reportedly sued the Texas-based multinational telecommunications company AT&T Inc. for around USD 1.35 billion for stealing its copyrighted twinning technology that allows smart devices such as ...


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Northway Biotech launches new cGMP manufacturing facility in Boston

Leading biopharmaceutical CDMO (contract development and manufacturing organization) Northway Biotech has reportedly launched a new 30,000 sq. ft. process development and cGMP manufacturing facility in Waltham, Massachusetts. The new facility, locat...


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SparkCognition allies with SkyGrid to bring AI cybersecurity in drones

Leading artificial intelligence solutions provider SparkCognition has reportedly partnered with SkyGrid for developing and deploying AI-based cybersecurity systems on drones to protect them from zero-day attacks during flight. As per credible source...


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YouTube found experimenting with embedded shopping links in videos

The new feature will enable users to directly purchase products shown in videos through the platform. The video-sharing and streaming giant is looking to ride the e-commerce wave. Google-owned American online video-sharing platform, YouTube, is ...


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Bühler-DIL enter partnership to strengthen alternative proteins R&D

In a bid to expand their product portfolio, Swiss multinational plant equipment manufacturer Bühler AG and German Institute for Food Technologies (DIL), reportedly announced a collaboration to develop healthy & sustainable food production te...


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Bakery processing equipment to witness increasing demand with innovations in production

The American Bakers Association (ABA) claims baking companies generate over US$153 billion in economic activity per year. A pronounced growth of packaging and processing technologies in the food industry appears to be a gamechanger in the ecosystem. ...


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B2B ecommerce firm Udaan bags USD 280 million in Series D funding

In the recent Series D funding round, Indian B2B online trade startup Udaan, reportedly raised USD 280 million from a group of investors, thereby taking the company’s net worth up to USD 3 billion. Sources familiar with the event cited that th...


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Roku Inc. touts plans to acquire exclusive rights to Quibi’s content

Following its shut down six months after launch, American short-form streaming platform Quibi is reportedly planning to sell its content to one of the most popular streaming media players, Roku Inc. According to reliable sources, Roku looking to exp...


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Electrophysiology industry observes infusion of funds towards mapping systems

With new digital equipment sprouting up in the medical sector, the global electrophysiology industry is witnessing a breakneck innovation in the past several years. Perhaps one of the most compelling trends to come out of the industry is the prevalen...


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StockX valuation skyrockets to USD 2.8 Billion in latest funding round

StockX LLC, a popular online store among sneaker collectors, has reportedly raised a fresh round of funding with the startup’s valuation hitting USD 2.8 billion, double than last year. Private investment in StockX now amounts to USD 490 millio...


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Facebook eyes Indian market, to make substantial long term investments

According to reliable sources, American online social media and networking service Facebook Inc. is planning to make substantial long term investments in India. The move will allow Facebook to help several businesses expand their online presence. Re...


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Syros acquires Orsenix’s SY-2102 drug candidate for APL treatment

In recent developments, Syros Pharmaceuticals, Inc, a Cambridge-headquartered biopharmaceutical organization that focuses on developing treatments for immune-related diseases as well as cancer, has reportedly acquired all assets associated with SY-21...


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Airbnb reveals a simplified host-only fee structure prior to its IPO

Reportedly, American vacation rental online marketplace company Airbnb Inc. has insisted hosts who use third-party software while managing bookings to abolish service fee paid by guests. Hosts will now be required pay a standard fee of 15%, an increa...


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Facebook announces plan to pay UK media millions for news content

Facebook, the leading social media giant, will reportedly pay millions of pounds a year to established UK news channels to license their articles, since social network faces the looming threat of government probe over its dominance of online advertis...


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UK carmakers stockpile cars, parts with the nearing of Brexit deadline

As the deadline for Brexit comes near, carmakers in the UK are expressing concern over being hit by tariffs if the UK and EU do not agree to a trade deal. While trade between the EU and the UK will be governed by new regulations from January 1, it is...


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Biological E starts human trials of COVID-19 vaccine in India

Biological E. Limited, an India-based vaccines and pharmaceutical company, has reportedly started phase I and II clinical trials of COVID-19 sub-unit vaccine candidate after getting the Drugs Controller General of India’s nod. The vaccine manu...


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Five Prime announces pre-clinical data of anti-CCR8 FPA157 program

Five Prime Therapeutics, Inc. has recently revealed the 1st pre-clinical data of the anti-CCR8 FPA157 program. The pre-clinical results were presented at the SITC (Society for Immunotherapy of Cancer)’s 35th Anniversary Annual Meeting and Pre-C...


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Opear reveals 2 promotions to boost patients’ access to healthcare

Opear MD, a membership-based app, has reportedly announced two promotions to improve affordability and accessibility of patients to healthcare during the COVID-19 pandemic. Opear MD app provides remote digital healthcare through its on-demand, pedia...


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FDA extends Ryplazim BLA review period for Liminal Biosciences

Clinical stage biopharmaceutical major, Liminal Biosciences Inc., has reportedly announced the extension of its Ryplazim BLA (Biologics License Application) by the U.S. Food and Drug Administration for the treatment of clinical symptoms and signs ass...


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Swish partners with point software to aid federal supply chain agency

Swish Data, Northern Virginia-based trusted Service-Disabled Veteran-Owned Small Business (SDVOSB) provider of technology solutions, has reportedly partnered with Check Point Software Technologies Ltd. to help a U.S. Federal supply chain management a...


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Syros unveils Phase 1 clinical trial data of SY-5609; cohort expanded

Syros Pharmaceuticals has announced initial safety, pharmacodynamics (PD) and pharmacokinetics (PK) data from the current dose-escalation portion of Phase 1 clinical trial of SY-5609 in patients with select solid tumors. For the starters, SY-5609 is...


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Ezra gets US FDA clearance to use AI for examining prostate MRIs

Ezra is a U.S-based startup developing a cancer screening platform that uses a combination of Artificial Intelligence and MRI screening to make cancer screening more widely available and affordable. The company’s ambition to transform the ...


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HOPCo acquires Stryker’s health system orthopedic service operations

Healthcare Outcomes Performance Company (HOPCo), a leading provider of musculoskeletal value-based healthcare services, has reportedly announced the acquisition of Stryker Performance Solutions’ health system orthopedic service business, Bundle...


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MedAlliance enrolls 1st two patients with BTK disease in PRISTINE

MedAlliance, a medical technology company, has reportedly announced the enrollment of the 1st two patients in the Prospective Registry, PRISTINE, with SELUTION SLR™ 018 DEB. The PRISTINE trial will be conducted among patients with BTK (below-th...


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MGC expands its ArtemiC clinical trial on patients in Israel and India

MGC Pharmaceuticals, a renowned EU based bio-pharmaceutical firm, has reportedly announced that it has expanded the double-blind, placebo-controlled phase II clinical trial that assesses the efficacy and safety of its anti-inflammatory natural formul...


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Paya teams up with healthcare SaaS application provider CoverMe

Leading integrated payment and commerce solutions provider, Paya, has reportedly entered into a partnership with Software-as-a-Service application supplier, CoverMe. The collaboration will effectively help CoverMe in enhancing the efficiency of healt...


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CoreMap Announces Completion of $10.5 Million Series A Financing

CoreMap announced that it has accomplished $10.5 million Series A financing which was led by Qure Ventures. The round included both present investors like Ronny Ginor, and Orbimed Venture Partners and MD of Fifth Focus/HRMG Investments and various ne...


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Spain to conduct first trial of Johnson & Johnson’s COVID-19 vaccine

According to reliable sources, Spain is planning to host the phase 2 clinical trials of the US-based pharmaceutical company Johnson & Johnson’s COVID-19 vaccine by mid-September 2020. For those uninitiated, phase 1 trials of the potential ...


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Fulcrum Biometrics acquires DelaneyBiometrics, adds European footprint

Fulcrum Biometrics, Inc. has announced a strategic acquisition of Delaney Secure Ltd., a UK-based biometric company specializing in cloud-based time and attendance and access control. The acquisition is seen by many as an apt business move to bolster...


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BIMA raises USD 30 million for life & health insurance amid COVID-19

BIMA, a London-based startup, has reportedly raised USD 30 million in an effort to meet the surging demand for its services amidst the pandemic. The company intends to deliver its services via mobile-first platform, for customers whose primary prefer...


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Healthtech startup Biofourmis secures $100 M in Series C funding round

Kuldeep Singh Rajput dropped out of his Ph.D. program in 2015 to chase his lofty goal to use Artificial Intelligence (AI) technology to predict disease before it happens. The knowledge garnered from various wearable sensors could help accel...


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Altair becomes member of Avicenna Alliance to develop new medicines

Leading product development solutions provider, Altair, has reportedly entered the Avicenna Alliance, an international consortium dedicated to the deployment of simulation for enabling efficient and faster development of new healthcare solutions. Th...


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Amplyx enters anti-BKV monoclonal antibody into Phase 2 clinical trial

Amplyx Pharmaceuticals, a renowned clinical-stage biopharmaceutical firm that develops innovative treatments for life-threatening and debilitating diseases for people that have a compromised immune system, has reportedly announced that it has dosed t...


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Sanofi to purchase biopharmaceutical company Principia Biopharma

Renowned pharma company Sanofi has reportedly planned to take over Principia Biopharma Inc. Under this definitive agreement, Sanofi will be acquiring all of Principia’s outstanding shares for a valuation of USD 100 per share in cash. On a fully...


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Movistar Chile employs Nokias IMPACT platform for smartwatch services

Nokia Corporation, a global leader in 5G, networks, and phones, has reportedly announced that Movistar Chile has deployed Nokia’s IMPACT CDP Entitlement Server software. The move will offer more enhanced services for selected smartwatches and t...


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Advent to acquire 75% stakes in parcel delivery group Hermes UK

The US-based private equity firm Advent International has reportedly announced plans to acquire a majority stake in leading consumer packaging company Hermes UK, seeking to capitalize on the boom in online shopping amid the ongoing pandemic. Sources...


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MRI Software buys Housing Partners to strengthen digital offerings

MRI Software LLC, a leading provider of real estate software applications and hosted solutions, has reportedly acquired Housing Partners to strengthen its suite of residential property management software. Sources cite that the deal will add Housing...


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DAS Health completes acquisition of cybersecurity firm Technology Seed

DAS Health Ventures, Inc, a Florida-based health IT and management provider, has reportedly announced that it has completed its acquisition of Salem, NH based managed IT as well as cybersecurity services firm, Technology Seed, LLC. The proposed acqu...


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Innovent initiates Phase 1 clinical trial of IBI322 in China

Innovent Biologics, Inc., the China-based biopharmaceutical company, has reportedly announced that it has dosed the first patients in its Phase 1 clinical trial to assess IBI322 (Anti-CD47/PD-L1 Bispecific Antibody) in the treatment of advanced malig...


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Sapiens acquires Delphi technology, aims for expansion in MPL market

Sapiens International Corporation, a publicly-traded company that develops computer software for the insurance industry, has reportedly inked a definitive agreement to acquire Delphi Technology Inc. to strengthen its presence in MPL (Medical Professi...


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Moderna gets further $472 mn to advance COVID-19 vaccine development

Moderna Inc, the American biotechnology company with expertise in vaccine technologies based exclusively on mRNA, has reportedly received an additional USD 472 million funding from the BARDA (Biomedical Advanced Research and Development Authority) to...


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Nokia provides 5G SA network to Sandvik Mining and Rock Technology

Finnish telecommunications and consumer electronics major, Nokia, has reportedly announced that it has provided its Nokia 5G standalone industrial-grade wireless network to Sandvik Mining and Rock Technology. Built on the basis of Nokia Digital Autom...


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GlaxoSmithKline acquires 10% stake in German biotech company CureVac

British pharmaceutical major, GlaxoSmithKline, has reportedly announced that it has acquired a 10 per cent stake in German biotech major, CureVac, a prominent player in the global race for COVID-19 vaccine. GSK has stated that the transaction involve...


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Kemin Industries secures US patent application for ASFv control method

Global ingredient manufacturer Kemin Industries has reportedly announced its acquisition of a U.S. patent application for a methodology to inactivate ASFv (African Swine Fever virus) in animal feed and its ingredients through the use of Sal CURB Liqu...


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Junshi Biosciences completes enrollment for Phase I COVID-19 study

  JS016 is apparently unique to the SARS-CoV-2 surface spike protein receptor-binding domain.   JS016 can block virus binding to the ACE2 surface cell receptor in an effective manner. Junshi Biosciences, the Shanghai-based innovation...


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Hinterland Metals inks letter of intent to procure Novamind Ventures

Hinterland Metals Inc., a junior mineral exploration firm based in Canada, has reportedly announced that it has inked a binding LOI (letter of intent) under which it would acquire all outstanding shares of Toronto-based Novamind Ventures, an enterpri...


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Walmart to turn parking lots into drive-in theaters with Tribeca

American retail giant, Walmart Inc. has recently announced that it will be collaborating with Tribeca Enterprises to transform almost 160 of its U.S. store parking spaces into temporary drive-in movie theaters until the stores become fully operationa...


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Transcenta doses first patient in advanced solid tumor drug trial

Transcenta Holding Limited, a biotherapeutics firm based in Shanghai that focuses on discovering, developing and commercializing antibody-based therapeutics, has recently revealed dosing its first candidate in the US Phase I clinical study of TST001,...


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Brazil’s Central Bank bans Facebook’s WhatsApp payment feature

Just a week after Facebook’s WhatsApp announced the launch of payment service, Brazil’s central bank has reportedly suspended this feature to ensure the competition in the payment landscape of the nation. The Central Bank also urged Visa ...


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CloudEngage takes over AI powered software provider AnswerDash

Globally recognized web personalization platform, CloudEngage, has reportedly announced its acquisition of AI powered self-service support provider, AnswerDash, a B2B software company founded in 2012. AnswerDash is headquartered in Seattle, Washingto...


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Piramal Pharma-G&W enter acquisition deal for Sellersville facility

PEL’s (Piramal Enterprises Limited) Piramal Pharma Solutions, a CDMO (Contract Development & Manufacturing Organization), has reportedly entered an agreement with G&W Laboratories. Under the agreement, the organization will acquire G&am...


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CDRI gets approval for conducting clinical trials of Umifenovir drug

Lucknow-based Central Drug Research Institute, a constituent lab of the Council of Scientific and Industrial Research, has been reportedly approved to conduct Phase III trials for the deployment of Umifenovir drug against COVID-19. The trial aims to ...


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Bimini confirms acquisition of medical device company Healeon Medical

A leader in aesthetics markets, Bimini Health Tech recently announced it has acquired California-based Healeon Medical, Inc., that is focused on paving the way for regenerative solutions by providing support for point-of-care, autologous treatments, ...


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Walmart acquires technology from digital health company CareZone

Walmart, the retail giant, recently announced plans to acquire technology & intellectual property from a start-up, CareZone, that is focused on making it easier for people to manage multiple medications. Since CareZone’s inception in 2010,...


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Oscar Parodi becomes 1st UK infant to be treated with a Cannabis drug

The cannabis based drug has previously been used for epilepsy treatment and this study is being conducted in babies as part of a research to prevent seizures which can lead to brain damage.   Professor Paul Clarke, Neonatal consultant at Nor...


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Outcomes of dog cancer clinical trial increase hopes for human use

Selvax Pty Ltd, the Australian cancer immunology group engaged in developing immunology based treatments for large solid tumors, has reportedly announced positive results from its immunotherapy treatment in 10 dogs battling with soft tissue sarcomas ...


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KYB inks deal with REE Automotive to bring advanced EV solutions

  KYB’s highly advanced semi-active and active system solutions will drive the next-gen electric vehicle production efforts of REE Electric vehicles will undergo a reduced development cost, will be compact and will be more lightweight ...


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Mitsubishi Electric tests 5G solution for Factory Automation in Japan

Japanese multinational electronics firm Mitsubishi Electric recently announced that its Nagoya Works in Nagoya, Aichi Prefecture has commenced a demonstration testing of a local 5G solution that has been licensed by the Ministry of Internal Affairs a...


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Genomics firm The DNA Company acquires My Pain Sensei for $30 million

The DNA Company, a renowned functional genomics provider, has reportedly announced that it has acquired MPS (My Pain Sensei), an AI-based digital therapeutics app, for a total amount of about $30M, forming My Next Health. The newly acquired MPS provi...


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RXVIP unveils remote patient monitoring residency program with Diasyst

RXVIP Concierge, a leading enterprise that focuses on improving the role of Pharmacists in the field of healthcare, has reportedly unveiled its first telehealth and remote patient monitoring residency program as well as APPE rotations for students of...


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Hummingbird closes extended $25M Series B round led by SK Holdings

Hummingbird Bioscience, a biotherapeutics company, has reportedly closed an extended $25 million Series B funding. The company focuses on the development and discovery of breakthrough therapies. This fund-raising event brings the total capital raised...


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Belgian IoT scale-up Waylay announces partnership with EPAM

The partnership will accelerate customer access to advanced IIoT data processing technologies.   Waylay CEO expects EPAM’s deep integration expertise with Waylay’s cutting-edge automation technology to enable better, improved ope...


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NEC reveals design blueprints for COVID-19 vaccines using AI

NEC Corporation, a Japanese multinational electronics and information technology company, has recently revealed analysis results from its ongoing efforts of employing AI prediction platforms for designing blueprints for COVID-19 vaccines. Reportedly...


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Grassroots Cannabis expands center by 20,000 sq. ft to boost capacity

Chicago based Grassroot Cannabis- a firm that cultivates, processes, and sells cannabis with the help of an advanced and vertically integrated business model, has reportedly announced the expansion of its cultivation facility by 20,000 square-foot in...


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FDA grants Breakthrough Device Designation to Vapotherm’s OAM

The medical technology company has received Breakthrough Device Designation by the FDA for its Oxygen Assist Module (OAM). The OAM module is commonly used with most versions of Vapotherm’s Precision Flow systems. A global medical technolo...


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Polaryx receives FDA’s IND approval for clinical trials of JNCL/CLN3

Polaryx Therapeutics, Inc., a developer of drug candidates for lysosomal storage disorders, has recently gained IND (Investigational New Drug Application) approval from the U.S. FDA. This approval is related to the study of PLX-200 treatment among pa...


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Second COVID-19 vaccine candidate earns approval for human testing

Another potential COVID-19 vaccine has recently received FDA approval to commence clinical trials among humans. The vaccine, developed by Inovio Pharmaceuticals and backed by Melinda and Bill Gates, is the second such vaccine to progress to human tes...


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VitalTech – AT&T Business unite to advance Telehealth Services

Virtual Care and Remote Patient Monitoring market leader VitalTech has recently inked a partnership with AT&T Business. The collaboration will enable the two enterprises to offer free telehealth services for 60 days to business clients, such as h...


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Felix plans to develop programmable viruses to replace antibiotics

In a bid to fight against harmful bacteria, Felix, a U.S.-based biotech firm, has recently decided to devise a programmable virus that kills chronic bacteria. Reportedly, farmers and doctors overuse antibiotics to eradicate bacteria, but generally fa...


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Milken Institute introduces COVID-19 treatment and vaccine tracker

As nations across the globe continue to grapple with the novel COVID-19 outbreak, several institutes are trying come up with a vaccine to tackle this global pandemic. The Milken Institute, a non-profit think tank, is introducing a reso...


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Oxford scientists create rapid testing technology for COVID-19

Scientists from Oxford University have reportedly created a technology to accelerate the testing for COVID-19. The test is validated at China’s Shenzen Luohou People’s Hospital with real clinical samples. It is claimed to be faster than f...


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Sanofi, Regeneron reveal plans to test Kevzara on COVID-19 patients

While the coronavirus manages to spread across major global economics, scientists and researchers all over the world are plowing their way to find a definite cure for this current pandemic. Recently, New York-based biotech firm Regeneron Pharmaceuti...


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Verizon allocates $10 million for providing COVID-19 relief services

Verizon has announced to support communities by contributing $10 million to provide relief services for people impacted by the ongoing coronavirus (COVID-19) pandemic. The company has tripled its monthly data allowance for its Verizon Innovative...


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Spero Therapeutics receives ODD for its oral drug SPR720 from the FDA

Spero Therapeutics, Inc., a renowned Massachusetts-based clinical-stage, multi-asset biopharmaceutical company, has reportedly announced that the United States Food and Drug Administration has granted its oral drug SPR720 the orphan drug designation ...


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Neuraly announces dosing of first patient in Phase 2 clinical trial

Neuraly has claimed that it has dosed the first patient of NLY01 in its Phase 2 study for Parkinson’s disease. Nature Medicine claimed in its study that NLYO1 tends to bind upregulated GLP-1R and blocks microglia’s pathological activatio...


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Lucid-UPenn enter agreement to study EsoCheck device for EoE patients

PAVmed Inc. has recently announced that Lucid Diagnostics has entered an agreement with UPenn (University of Pennsylvania) to perform clinical trial research for its EsoCheck device. Lucid Diagnostics is a subsidiary of PAVmed, a highly-differentiate...


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Ascentage Pharma gets approval for Phase Ib/II trial of APG-1387

Ascentage Pharma, a clinical-stage biotechnology firm developing innovative therapies for cancers, has reportedly received approval for its Phase Ib/II clinical trial from the CDE (Center of Drug Evaluation), China NMPA. The clinical trial is assess...


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VBL Therapeutics launches Phase 2 clinical trial for colorectal cancer

VBL Therapeutics, a renowned Israeli biopharmaceutical company, reportedly announced the initiation of phase 2 clinical study of VB-111 combined with immune checkpoint inhibitor, nivolumab (Opdivo®). This study would be conducted to find a treatm...


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Matinas BioPharma to start Part 2 study of MAT2203 for HIV-patients

Matinas BioPharma, a renowned biopharmaceutical company, has reportedly announced that DSMB (Data Safety Monitoring Board) for the EnACT study has finished its planned review of initial tolerability and safety data from the Part 1 dose escalation pha...


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Pulse biosciences provides FDA 510(k) filing update for CellFX System

Pulse Biosciences, Inc., an innovative bioelectric medicine company committed to improving the lives of patients, has reportedly announced an update on its U.S. FDA ( Food and Drug Administration) submission for the CellFX System. Earlier, the compan...


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Nokia furthers SoftBank Corp.’s plan to complete 5G connected car test

Nokia appears to go full throttle as the Finnish company is offering state-of-the-art equipment from its end-to-end 5G portfolio to SoftBank Corp. to substantiate that non-standalone 5G technology can be commercially used to operate connected cars. N...


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KSQ Therapeutics indicates identification & validation of CT-1

KSQ Therapeutics has propelled their effort to derail refractor solid tumors by growing —eTIL™—engineered tumor infiltrating lymphocyte therapies by announcing the identification and validation of CT-1. It is worth mentioning that d...


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Loon & HAPSMobile develop communications payload for the HAWK30 UAV

Loon, an Alphabet subsidiary working to deliver internet services to rural areas, and SoftBank Corporation’s HAPSMobile, currently planning to operate HAPS networks, together announced the successful development of a new communications payload ...


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Humana and WCAS form a joint venture to develop primary care centers

American health insurer, Humana Inc. and private equity firm WCAS (Welsh, Carson, Anderson & Stowe) have reportedly formed a joint venture to develop senior-focused primary care centers. Reportedly, this joint venture will be manag...


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VSE set for divestment—Prime Turbines to be sold for $21 million

The Aviation Group will focus on higher growth component and accessory repair and part distribution. The divestment is expected to be completed till March 2020, subject to legal conditions. In what appears to be an all-cash deal, VSE Corporation...


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Lime e-scooters replace bikes as preferred transport mode in Calgary

Lime’s dockless bike-share service launched in Calgary in 2018, is reportedly facing a dip in popularity after the arrival of Lime e-scooters and its adoption for sustainability. Lime is a transportation company that is based in the United Stat...


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Google partners with Handy to bring new features to its Google Nest

Google, the renowned tech giant, has reportedly initiated the testing of a novel feature for its Google Nest. This new feature would alert the homeowner about any HVAC issues as well as call a HVAC professional to fix the issue. For this new feature,...


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ArcTern invests in Terramera to boost sustainable farming practices

  Terramera closed the funding round with USD 48.5 million with other investors including S2G ventures, Ospraie Ag Science The investment marks ArcTern’s fourth financing from its USD 200 million value Fund II   Vancouver head...


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Teijin to establish TACE to enhance automotive composite business

Teijin Limited, a technology-driven company, has announced its interest to establish TACE (Teijin Automotive Center Europe GmbH) in Wuppertal, Germany. The center would function as a new base for Teijin to execute technical functions within its auto...


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Regorafenib/TAS-102 gives clinically meaningful DCR in Metastatic CRC

The data from the REMETY phase 1 dose escalation trial, unveiled at the Gastrointestinal Cancers Symposium 2020, reportedly shows that the combination of regorafenib (Stivarga) and oral fluoropyrimidine TAS-102 provided a clinically meaningful DCR in...


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Google on-board with EU’s proposed temporary facial recognition ban

Technology giants Google and Microsoft have reportedly taken opposing stances as the temporary five-year facial recognition ban suggested by the EU came to light. Alphabet and Google CEO Sundar Pichai has expressed his approval of the proposed ban, w...


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Flair Airlines amid plans to grow its fleet and offer low cost fares

Flair Airlines, a scheduled, independent, and low fare airline company, is seeking to expand its fleet of Boeing 737 aircraft to deliver low cost travels to a market starved of competition. Based in Edmonton, Flair Airlines is Canada’s only ful...


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Olam International to regroup into global and ingredients businesses

The aim of the move is to simplify the diverse portfolio of the company Company’s regrouping is part of the new strategic plan for fiscal 2019 to 2024 Olam International, a leading agricultural and food business company, has decided to reg...


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Guangzhou Automobile investment in Nio will be capped at $150m

Nio had indicated an urgent need to secure funds and early talks with Guangzhou Auto    There is still some cloud whether an agreement will be reached between the companies Guangzhou Automobile Group Co Ltd, a Chinese automaker, recen...


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Moderna adds two candidates in new autoimmune therapeutic area

Moderna, Inc., a Cambridge, Massachusetts-based biotechnology firm that is focused on drug discovery and development based on mRNA, has announced entering into a new autoimmune therapeutic area. Being built on the clinical validation of systemic deli...


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Guardant and NRG Oncology initiate NRG-GI005 study in colon cancer

Survival rate for stage II colon cancer is about 58 to 88% and patients will gain from additional treatments Guardant Health, Inc., a renowned precision oncology firm, along with NRG Oncology, a National Clinical Trials Network group that conducts b...


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Kalmar enables improvement of automation for Patrick Terminals

Kalmar, a subsidiary of Cargotec, a renowned Finnish cargo-handling company reportedly announced the completion of a comprehensive software support and maintenance contract with Patrick Terminals, a renowned Australian terminal operator. The agreeme...


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U.S. bill prevents intelligence sharing with nations using Huawei

The lawmaker has introduced a bill to prohibit the region from sharing intelligence with the countries making use of the Huawei 5G networks.   In any case if the bill is ruled out, it may produce huge implications for the intelligence sharin...


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Revolution Medicines to present data from Phase 1 trial of RMC-4630

Revolution Medicines, a renowned American biopharmaceutical company working towards discovering new solutions for cancer, reportedly announced that it would be unveiling preliminary data collected from its Phase 1 clinical study of RMC-4630. The dat...


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MYHSM partners with Equinix to enhance payment security solutions

MYHSM technology will be operating on Platform Equinix® and will also use the connectivity solutions by Equinix The partnership will facilitate an effective method to access the capabilities by making the payment HSMs available on cloud MYHS...


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Hampton launches new series of BenjiLock deadbolts at CES 2020

Hampton Products, a renowned producer and marketeer of door locks, lighting, padlocks, reportedly announced the launch of first connected deadbolts that incorporate fingerprint tech at the CES 2020. The company has integrated its BenjiLock fingerpri...


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Digital Dream Labs acquires robotics and technology developer Anki

Anki had shut down its operations in April 2019 after the company ran out of funds   Digital Dream will continue the development of Vector and launch a new Kickstarter In a bid to revive the robots developed by San Francisco headquartered ...


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Acura Pharma nearing the development of LTX-03; issues an update

Acura Pharmaceuticals has issued an update pertaining to the evolution of the much-anticipated LTX-03 tablets using technology called Acura LIMITx™ meant to curb risks linked with overdose of hydrocodone. Apparently, the manufacturing process a...


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EnChroma launches brand new line of lenses

The new lens series may be beneficial for patients with conditions such as macular degeneration, glaucoma, cataracts, optic neuropathy, and other visual disorders.   While the global prevalence of visual impairments tends to skyrocket, optica...


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Samsung reports short power outage at its chip factory in South Korea

  The power cut took place due to an issue with the regional transmission cable Samsung may experience losses worth millions of dollars similar to 2018 incident   Samsung, the South Korea-based multinational electronics manufacturer,...


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Grab partners with Singtel for Singapore digital banking license

Grab, a technology concern based in Singapore, has announced that it is forming a consortium with Singapore Telecommunications (Singtel) to submit an application for a full digital banking license. The move signifies the participation of both the com...


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FDA approves the filing of Immunomedics BLA for sacituzumab govitecan

Sacituzumab govitecan has attained both Breakthrough Therapy Designation and Fast Track Designation by the FDA. Immunomedics, Inc., a biopharmaceutical firm, has recently attained the U.S. FDA nod to file its Biologics License Application (BLA) whic...


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Autonomous aircraft firm Pyka secures $11 million in seed funding

Pyka, a renowned bay area based autonomous aircraft company, reportedly announced that it has secured $11 million from a new seed round. The investment round was led by Prime Movers Lab. Meanwhile, Greycroft, Bold Capital Partners, Y Combinator, and ...


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COOEC-Fluor announces safe completion of module program in Kuwait

Fluor Corporation, a global engineering and construction firm, has reportedly announced that its JV COOEC-Fluor fabrication yard in China, has securely completed the module program for the Al-Zour project of KIPIC (Kuwait Integrated Petroleum Industr...


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Danish Energy Agency awards €6M to Everfuel for HySynergy project

The project aims to establish a large scale facility to produce hydrogen in Denmark Everfuel will be the owner as well as the operator of the production facility Everfuel Europe, a provider of green hydrogen fuel, has recently been granted EUR 6...


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Apple creates team to work on satellites that beam data to its devices

Apple, the renowned technology giant, has reportedly put together a secret team that is working on satellite technology that can be used to beam down data to its devices directly, bypassing wireless networks. According to reliable sources, this secr...


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Angion commences dosing of first patient in phase 1 trial of ANG-3070

Fibrotic diseases are commonly termed as chronic tissue injury. Renal fibrosis, hepatic cirrhosis and pulmonary fibrosis are some of the common fibrotic diseases. Currently, these diseases have limited treatment options, however, several ph...


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NVIDIA unveils next gen software defined platform: DRIVE AGX Orin

With automation being a need of the hour, there have been various advancements and developments in myriad fields. This has prompted the industry conglomerates to devise robust strategies on the grounds of sustaining their geographical foothold in the...


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Worker union approves new four-year deal with Fiat Chrysler after talks

Fiat Chrysler is the last automaker to close the contract with the United Auto Workers In-progression workers will get similar healthcare benefits as the veteran workers Labor negotiations with Fiat Chrysler ended after the United Auto Workers a...


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Vedanta Bio wins $5.8M CARB-X grant to tackle drug-resistant bacteria

The reward will accelerate the development of VE707 for various multi-drug resistant infections   Vedanta Biosciences is eligible for an additional $3.5 million subject to certain milestones Vedanta Biosciences, a pre-clinical stage firm i...


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FDA approves Genentech’s first-line NSCLC chemotherapy treatment

  FDA grants approval for Genentech’s Tecentriq – Chemotherapy combination treatment, based on positive results from Phase III Impower130 trial The combination is designed to be used as a first-line treatment for metastatic non-s...


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TowerJazz denies selling its 51% stake in Japan chip JV with Panasonic

  Panasonic announced the sale of its of semiconductor business to Taiwan based Nuvoton The Panasonic-TowerJazz JV comprises three manufacturing units operated in Japan   Israel headquartered chip manufacturer- TowerJazz announced o...


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Canon Medical Systems USA launches advanced cybersecurity solution

Various instances of cyberattacks, viruses, and other malicious threats across the healthcare sector have raised many eyebrows owing to the security of confidential patient information. In order to tackle with these attacks, Canon Medical System USA ...


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Seattle Genetics attains Health Canada approval for ADCETRIS®

Seattle Genetics, a biotechnology company focused on innovating novel therapies for cancer, has recently attained approval from Health Canada for supplemental New Drug Submission that expands the use of ADCETRIS (brentuximab vedotin) along with CHP (...


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Ziopharm Oncology releases clinical data for Controlled IL-12 platform

  The data was presented at the Society for Neuro-Oncology (SNO) Annual Meeting 2019, held in Phoenix. With the use of controlled IL-12, reduced tumor burden along with immune-mediated pseudoprogression was noted in monotherapy and combinati...


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VBL to present Data from Phase 2 trial of VB-111 at SNO annual meet

The company will present a study of neoadjuvant and adjuvant VB-111 for treatment of recurrent GBM. The ongoing trial aims to explore the potential of VB-111 in treating rGBM. VBL Therapeutics, a late-stage clinical biopharmaceutical company foc...


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Facebook takes down billions of fake accounts & abusive posts

Social networking platform Facebook has reportedly suspended over 3.2 billion fake accounts within a 5-month span, between April to September 2019. Additionally, as per content moderation reports, millions of posts with abusive content including suic...


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Amazon reveals plans for a new $40 million robotics hub in Westborough

Tech innovator Amazon has reportedly announced its plans to invest $40 million in the development of a new robotics innovation hub, located in Westborough, Massachusetts. The facility will cover an area of 350,000 sq. ft, including corporate offices,...


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Halliburton signs agreement with ARTC to become an anchor member

The development of these collaborative solutions will improve value for customers. Halliburton Company has reportedly announced that it has entered into a strategic deal with the Advanced Remanufacturing and Technology Center (ARTC) to secure positi...


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Lockheed Martin inks a new $34 billion F-35 contract with the Pentagon

The F-35 Lightning stealth fighters, integrated with Block IIIF software, developed by Lockheed Martin, the American aerospace and defense company, in collaboration with the Pentagon are expected to enter service in 2019. The company has already deli...


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Confluence procures UK-based StatPro in an all-cash £161.1Mn deal

Confluence Technologies, a renowned US-based software company that offers back-office automation systems for the global investment management market, reportedly announced the acquisition of StatPro Group plc, a renowned UK-based global cloud-based po...


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Major automobile firms support Trump on California emissions challenge

Earlier in 2012, President Obama had announced a nationwide rule for automobile emissions and mileage standards, embracing California’s planned standards. However, since Trump’s administration rose into power, it has tried to nullify all ...


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ORBCOMM collaborates with Vietnam based Vishipel to supply VMS

ORBCOMM Inc., a renowned US based Internet of Things (IoT) and Machine-to-Machine (M2M) solutions provider, reportedly announced it selection by Vishipel, a leading Vietnam based provider of maritime equipment and telecommunications services, to deli...


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Verizon offering 12-month free subscription of Disney+ to customers

Disney+ streaming service is on a way to become a new big competitor looming on the horizon. Set to launch next month, Disney+ looks to be one of the best online streaming services, especially for family viewers. Recently, Disney+ came to light...


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Parade launches four-lane and sixteen-lane retimer chips for PCIe 4.0

Parade Technologies, a renowned US-based fabless semiconductor company developing high-speed video processing and interfacing products, reportedly announced the launch of two new products under its high-speed data retimer product portfolio. The PS89...


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Mastercard announces expansion of Bill Pay Exchange with partners

In an era of digitalization and internet, businesses are continuously working on innovative solutions to improve brand value. In a bid to have a competitive edge over rivals, numerous companies are rolling out innovative financial services. American...


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NOXXON treats first patient in NOX-A12 clinical trial for brain cancer

NOXXON Pharma, a renowned biopharmaceutical firm based in Germany that is focused at enhancing cancer treatment by aiming at the TME (tumor microenvironment), reportedly announced the enrollment as well as treatment of the first patient in a phase 1/...


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ACERTUS launches proprietary TMS for ease of vehicle transport

Transportation Management System industry is projected to emerge as one of the highest revenues gaining markets in the future owing to the benefits it provides automotive shippers. Several automotive industry players are integrating TMS in their supp...


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Concert presents positive results of Phase 2 trial for alopecia areata

Alopecia areata, an autoimmune disease that causes hair loss is seen to grow substantially and higher number of people every year. Global pharmaceutical firms are increasingly working towards development of medicines for the treatment of alopecia are...


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Walmart to demerge PhonePe, Flipkart to enter India’s e-payment space

With India’s consumer market slated to emerge as the third largest in the world, several global enterprises are looking to establish their presence in growing industry landscape. In fact, despite having a reputable presence in the space, compan...


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BrainCheck raises $8Mn in a Series A funding, to focus on dementia

Driven by the need for better customer experience, the healthcare sector is experiencing a huge shift towards digitalization. Today, organizations across the globe are increasing their invest in healthcare software offerings to digitize traditional h...


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FDA approves drug that raises pain-free light exposure in EPP patients

There is a rise in the number and spread of rare disorders. Due to their growing presence and risk, various pharmaceutical firms are increasingly working towards the discovery and development of treatments.   One such rare-disease treating...


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Samsung Pay partners with Finablr for cross-border transactions

With the advent of digitalization, the digital transaction sector is growing at an exponential rate. The ease of paying and increased smartphone penetration are the key factors that are influencing digital transactions worldwide. Various digital wall...


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Amazon launches Echo and Alexa in Brazil with support for Portuguese

Smart home devices are gaining a lot of attention lately owing to their home automation control facility. People can generally command a smart home device to carry out a task, like switching on lights, and it would follow the command and control elec...


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KDDI choses Ericsson as primary vendor for deployment of 5G in Japan

The two companies have been working on 5G since November 2015 Ericsson to provide its radio access network equipment to KDDI Swedish networking and telecom major Ericsson has reportedly been selected by KDDI, Japan’s second largest mobile ...


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Sobi acquires Dova Pharmaceuticals to strengthen its portfolio

Corporate mergers and acquisitions in the pharmaceutical sector are considered a vital part of an organizational growth strategy. It opens many opportunities that help companies carry out reduction in business risk, corporate restructuring, developme...


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Sinch to acquire myElefant for €18.5 Mn in an all-cash transaction

· The acquisition will help Sinch enhance its business outcomes through next-gen messaging. · The transaction will be closing in early October 2019. Sinch AB, a leading telecommunication and cloud computing platform, has reportedly in...


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Darwinbox raises $15M in a Series B funding round led by Sequoia India

The Hyderabad-based startup to bring its HR tech platform to more Asian markets with the fresh funding Darwinbox, a Hyderabad-based startup that offers a cloud-based human resource management platform, recently announced that it has raised USD $15 m...


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Casio opts Trustonic to Enhance and Secure Next-gen Smartwatches

Wearable technology has certainly come a long way as it can now connect with devices like smartphones, watches and more. However, the technology is prone to different kinds of security breaches and hacks. Today, manufacturers of smartwatches have rea...


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Source Photonics unveils new optical transceivers for 5G applications

A fiber optic transceiver is a device that uses fiber optical technology to send and receive data. Optical transceivers are being adopted extensively throughout the world due to their advantages over traditional transmission systems. Various companie...


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Momotaro doses first patient with MTG201 in its Phase 2 clinical trial

The Phase 2 study will register approx. twelve patients diagnosed with malignant mesothelioma that have failed systemic platin-based front-line chemotherapy.   The key objective of the trial is to evaluate efficacy of MTG201- Nivolumab treat...


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Servier, Ipsen release initial Phase II/III clinical data of ONIVYDE®

The results from the Phase II/III trials, which involved efficacy data and preliminary safety, was presented at the IASLC 2019 World Conference on Lung Cancer, held in Barcelona, Spain. Ipsen, a French pharmaceutical company, and Servier Labora...


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Ceridian inks an agreement to acquire WFM solution provider RITEQ

The acquisition would advance Ceridian’s momentum in New Zealand and the Australian markets. Ceridian HCM, Inc., a leading human capital management (HCM) technology company, has recently announced that it has signed a definitive share purchase...


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Rocket Pharmaceutical unveils plans for Phase 2 trials of RP-L102

The company is set to initiate a Phase 2 clinical trial in the U.S. after a successful Phase 1 trial in Spain. Rocket Pharmaceuticals, Inc., a U.S.-based biotechnology company, has recently announced the U.S. Phase 2 clinical advancement trial for R...


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OBI Pharma initiates Phase 1/2 Study of Antibody-Drug Conjugate (ADC)

The biopharma company is planning to initiate the Phase 1/2 clinical trial of ADC cancer therapy that targets AKR1C3 and the Globo series. OBI Pharma, Inc., a pharmaceutical company based in Taiwan, recently announced that the U.S. Food and Dru...


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AT&T and Nexstar end dispute stations restored to U-verse and DirecTV

The stations went offline on July 3 at 11.59 pm local time after AT&T and Nexstar were not able to make an agreement. The new agreement between two companies allows 120 stations, including NBC, CBS, FOX and ABC affiliate stations, to get back ...


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Trovagene reveals positive data from Phase 2 study of Onvansertib

The company presented its preliminary data at the 20th Asia-Pacific Prostate Cancer Conference held in Melbourne, Australia. Trovagene, Inc., a Precision Cancer Medicine™ oncology therapeutics firm developing innovative drugs that ta...


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Amgen inks deal with Celgene for psoriasis drug Otezla at USD 13.4B

The purchase of Otezla is expected to offer growth for Amgen escalating its shares over 3% on Monday.   The deal would clear the path for Bristol- Myers Squibb to move ahead with USD 74 billion deal for Celgene. California based Amgen Inco...


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Blue Tie Global launches platform in UAE, enters international market

The expansion in the International waters will augment the company’s penetration into the other GCC and Middle Eastern markets. Mumbai based new age professional networking platform, Blue Tie Global reportedly announced the unveiling of its ap...


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Lockheed Martin & USAF report smooth operation of second GPS III SV02

The GPS III SV02 satellite offers 8× enhanced anti-jamming abilities and 3× higher accuracy.   GPS III SV02 also offers a new civil signal which is compatible with international GPS satellite systems. The USAF’s second ne...


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Facebook launches a feature to clear website and app history

The company will not use any of the data which is disconnected by users to target ads to them on Instagram, Messenger, or Facebook. Facebook has reportedly been intending to enable users to disconnect their account from app and website history. If u...


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DSV buys Panalpina to become one of the largest airfreight providers

Denmark company takes over Swiss logistics group Panalpina in a deal of over USD 5.5 million.   This acquisition will create the world’s fourth largest airfreight company.   Denmark based DSV A/S recently announced the completio...


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Russian nuclear power station shuts off following safety system error

Urals facility shuts down Byeloyarsk power unit at 9.15 local time after automated safety system’s false activation.   This incident adds to the rising concerns regarding Russia’s nuclear activities. According to the Rosatom St...


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Coinmine raises $2.5 million in investment in its seed funding round

Republic Labs, M13 Ventures, Gumi Crypto & early Uber financer Shervin Pishevar contributed to this funding.   Almost 10% of customers purchase from Coinmine again and less than 4% Coinmine one devices are returned. Coinmine, the make...


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SoftBank to trade a stake in Bharti Airtels telecom business

The Japanese firm, SoftBank has been reported to purchase a stake in the Airtel business of India either directly or indirectly through a holding company. Bharti Enterprises and SoftBank have established a 50:50 joint venture already since 2011. ...


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FDA warns four companies to recall 44 tobacco products from the market

The agency has already directed number of firms operating in the tobacco area to remove some of their products from the market. The U.S. Food and Drug Administration (FDA) has recently released warning letters against four companies to recall 4...


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Oncternal commences phase 2 trial of cirmtuzumab-ibrutinib combination

Under the phase 2 trial approximately 90 patients with CLL will receive either ibrutinib or ibrutinib coupled with cirmtuzumab Oncternal Therapeutics, a biotechnology company, has reportedly announced opening of enrollment for patients suffering fro...


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SELLAS completes enrollment of women for Phase 2 VADIS clinical trial

This test would give opportunity to understand if NPS can induce immune response in patients with DCIS. The VADIS outputs could tell the company about potential synergies among standard therapies and NPS in the women suffering from DCIS. SELLAS ...


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Roche’s drug with chemo reduces disease worsening due to bladder cancer

· Outputs would be shared globally with healthcare authorities at the next medical meeting. · While encouraging survival results were observed, the data isn’t mature enough and a follow-up would continue up until next planned ana...


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Texas joins other states in lawsuit to halt T-Mobile-Sprint deal

The state is suing T-Mobile’s $26.5 billion takeover of rival cellphone company Sprint. Texas has recently joined nearly a dozen American states that is filing a motion to stop T-Mobile’s acquisition of rival telecommunication ...


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TP Therapeutics’ CEO to present the 39th Annual Growth Conference

CEO Dr. Athena Countouriotis will participate in a question and answer session at the conference in Boston this month. Turning Point Therapeutics, Inc., a clinical-stage oncology company focused on developing novel drugs to address treatment re...


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Novartis announces result from Phase 3 PARAGON-HF trial in HFpEF

Novartis International AG, a Swiss-based pharmaceutical company recently announced results from Phase 3 PARAGON-HF trial in HFpEF (heart failure patients with preserved ejection fraction), investigating the efficacy & safety of sacubitril/ valsar...


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Zuckerberg thrilled about WhatsApp Payments beta testing in India

With 400 million users, India is the biggest market for WhatsApp. Facebook Inc. now awaits regulatory approval for a complete roll-out of WhatsApp Pay in India. Mark Zuckerberg, Chief Executive of Facebook stated that beta testing of WhatsApp Pa...


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Coca-Cola to officially bring its alcoholic beverage to Japan

Coca-Cola is set to debut in the alcohol market with lemon chuhai in Japan in October this year.   This is marked to be the company’s first ever hard drink. The global beverage giant, Coca-Cola has come up with its first ever alcohol...


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KAZIA to test GDC-0084 with radiotherapy at MSK Cancer Center

The clinical study is expected to enroll about 18-30 cancer patients for testing. The clinical trial is expected to take approximately two years to complete. KAZIA Therapeutics Ltd., (Kazia), a renowned oncology-focused biotechnology firm based ...


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Orphazyme finishes enrollment in phase 3 study assessing arizoclomol

The phase 3 study of arimoclomol for ALS is a 76-week, placebo-controlled, randomized study being conducted at 30 centers of excellence in Europe and North America. The biopharmaceutical company Orphazyme A/S has reportedly announced that it has fin...


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Cipla announces reentry into Chinese market with Jiangsu Acebright

The global pharmaceutical giant Cipla reportedly announced that it has reentered Chinese market in an alliance with Jiangsu Acebright. The company will set up a manufacturing plant for respiratory products in China under the joint venture. According...


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PayPal extends its international money transfer service to Europe

Transfer of money to international markets would become easier through the service.   The money transfer service would be made available across 32 European markets. PayPal Holdings, Inc. (PayPal), an American multinational online payments ...


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Microsoft’s $399 Azure Kinect Developer Kit to ship in China & the US

Microsoft, the tech giant, recently announced that its Azure Kinect Developer Kit, a $399 perception system for speech solutions & computer vision, will be available for shipping to pre-order customers in the U.S. and China, report sources. Repo...


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Pulmatrix to begin Phase-2 clinical trials, activates 3 sites in the U.S.

Pulmatrix, Inc. has reportedly activated three sites in the United States for the phase-2 clinical trial of Pulmazole (PUR1900). It is an inhaled formulation consisting of itraconazole for treating allergic bronchopulmonary aspergillosis (ABPA) in pa...


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Dermata Therapeutics declares positive outcomes from DMT410 trial

In a recent turn of events, Dermata Therapeutics, a development-stage biotechnology company, has announced positive outcomes from Phase I proof of concept clinical trial of DMT410 (which is a combination of DMT310 and botulinum toxin), for treating p...


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ZipLine acquires Florida-based gift card payment platform SmartClixx

The acquisition would facilitate ZipLine an entry into the gift card segment. The newly acquired assets further complement ZipLine’s existing customer payments as well as loyalty capabilities. ZipLine, a renowned rewards and mobile payment...


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DoT to launch a tech solution for tracking lost mobile phones

The tracking system would detect stolen mobile phones, even if the IMEI number is changed or the SIM card is removed. DoT (The Department of Telecommunications) recently announced the launch of a technology solution to enable detection of stolen or ...


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Microsoft to withdraw SQL Server and Window Server 2008 services

Ingram Micro offers Cloud migration solutions for businesses impacted by Microsoft’s move. Microsoft Corporation, the technology company recently announced to suspend its SQL Server in 2019 and Windows Server 2008 by January 2020. Microsoft ha...


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BP ventures backs Calysta with $30M for food security enhancement

Calysta, a biotechnology company recently announced that venture capital firm, BP Ventures invested $30 million to support rollout of Calysta’s FeedKind® protein, which is expected to improve global food security, cite sources. F...


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Wysa raises $2M in pre-series A funding round led by pi Ventures

Wysa has helped over 1.2M people across 30 countries through 80 million conversations. Wysa, an AI mental health startup based in Bengaluru, has reportedly raised $2 million (INR 15 Cr) in a pre-series A funding round led by pi Ventures. As per trus...


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Thrive Global & P&G tie up on consumer behavior change via Microsteps

The New York-based Thrive Global, has reportedly signed a partnership with P&G, the American multinational consumer goods corporation to combine behavioral science and daily habits pertaining to P&G’s products to help consumers improve ...


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Huawei presses Verizon to pay $1 billion as patent licensing charges

Amid clash with the U.S. government, the Chinese company says US-based Verizon is liable to pay fees for more than 230 of its patents. Huawei, the Chinese telecommunications equipment company recently demanded $1 billion patent licensing fees from a...


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Uber faces fresh competition as rival Bolt enters London market

Estonia-based transportation network company Bolt, formerly known as Taxify, recently launched in London, the biggest ride-hailing market in Europe. The company joins an expanding list of start-ups in an attempt to gain market share from Uber in Lond...


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Kite unveils study results for KTE-X19 in acute lymphoblastic leukemia

The outcome of the Phase 1 ZUMA-3 study was presented at the 2019 American Society of Clinical Oncology (ASCO) Annual Meeting.   The results would be facilitating guidance on KTE-X19 safety & dosing management to help the ongoing Phase 2...


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Reata announces patient enrollment in clinal trial of Bardoxolone Methyl

Reata Pharmaceuticals, a clinical-stage biopharmaceutical company recently announced enrollment of first patient in the Phase 3 FALCON trial of bardoxolone in patients with ADPKD (autosomal dominant polycystic kidney disease), cites source. For the ...


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Alembic Pharma gets FDA approval for Solifenacin Succinate tablets

The FDA approval was awarded to Solifenacin Succinate tablets’ abbreviated new drug application (ANDA). The pharmaceutical firm now holds a total of 94 ANDA approvals from the US health regulator. Alembic Pharmaceuticals Ltd., (Alembic Pha...


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Noxopharm publishes results from LuPIN trial involving Veyonda

177Lu-PSMA-617 is an experimental radiopharmaceutical which comprises of a peptide. The clinical-stage drug development company Noxopharm has reportedly announced positive provisional results from the LuPIN study concerning the Veyonda drug created ...


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Nuro and Kroger unveil autonomous delivery service in Houston

The novel service would be made available via two stores of Kroger in Houston and will serve consumers residing in four local zip codes Nuro, the robotics firm transforming local commerce, and Kroger, the largest American grocery retailer, have join...


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Qatar Petroleum on the verge of acquiring an interest in block A5A

The acquisition is speculated to strengthen Qatar Petroleum’s international oil & gas portfolio. Qatar’s state owned petroleum company Qatar Petroleum has reportedly inked an agreement deal with Eni. The deal entails the petroleum fi...


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GTx Inc. announces merger with San Diego-based Oncternal Therapeutics

The companies are planning for a reverse merger which would end the Memphis operations of GTx   The merger will create a publicly traded, clinical-stage firm to develop novel cancer treatments GTx Inc., a Tennessee based pharmaceutical fir...


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Cisco pours in CAD 15 million to expand footprint in Western Canada

The funding will be used to mainly augment job generation and skills development across Western Canada. Multinational technology conglomerate Cisco has reportedly announced that it plans to invest CAD 15 million in Western Canada’s secure digi...


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Grab seeks more investment after record $4.5B funding round in SE Asia

Grab will look to partner with more companies that can provide complementary technology and services to help grow its business in the region Grab, the ride-hailing company headquartered in Singapore, is reportedly planning to raise more funding from...


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