☰
India’s fintech startup Slice has reportedly raised USD 220 million in Series B funding led by Tiger Global and Insight Partners. Other investors that participated in the fundraising included Advent International...
Telecommunication majors AT&T Inc. and Verizon have reportedly decided to temporarily limit their 5G capabilities to address safety concerns of the aviation industry. This comes...
Global biopharma firm Zenas BioPharma has reportedly acquired the exclusive worldwide rights to develop, manufacture, and commercialize experimental antibody obexelimab from clinical-stage biopharmaceutical company Xen...
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 n...
The company’s defense arm will build a prototype in 2022 as a revised version of the Hummer EV to fulfill U.S. military criteria. GM Defense ...
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). ...
The trading company stated that a hacker gained access to email IDs of 5 million users and full names of 2 million users. The unauthorized third pa...
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 privat...
Trane Technologies, a global HVAC system manufacturer and climate innovator, has reportedly reiterated its goal of reaching net-zero emissions at the 2021 UN Climate Change Conference of Parties (COP26). ...
The newly proposed U.S. electric vehicle tax credit scheme has reportedly received strong international opposition, with the European Union, Canada, Germany, Mexico, France, Japan, South Korea, Italy, and other countri...
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. Th...
U.S. automotive giants Ford Motor Company and General Motors Company are likely to outline both positive as well as negative impacts of the global semiconductor chip shortage in their Q3 earnings report. ...
EV leader Tesla has fared better than others amid the global chip shortage, however, supply-chain issues loom over the company. Investors are carefully monitoring the company’s quarterly results to get an overvie...
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 United States will reportedly remove travel restrictions at its land borders with Mexico and Canada for vaccinated foreign visitors in early November. This move will bring an end to the longstanding curbs on non-es...
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 f...
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 own...
Global airlines reportedly convened for the first time on 5th October in Boston, since the COVID-19 pandemic hit the industry and pushed revenues to an all-time low. The meeting saw airlines expressing optimistic views...
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...
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 glob...
The U.S. Federal Aviation Administration (FAA) recently stated that it ended its mishap investigation and lifted a grounding order that was imposed earlier. The probe was launched into the Virgin Galactic Unity 22 laun...
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 fi...
Various Apple, as well as Tesla suppliers, have reportedly shut down production at some Chinese factories for a few days to obey the strict energy consumption policies, further resulting in supply chain losses amid pea...
Flipkart is reportedly launching a separate marketplace model named Flipchart Xtra to provide flexible earning opportunities to technicians and service agents, especially to those seeking part-time employment. ...
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....
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 s...
Infosys Limited has recently announced that it will set up a new digital development center at its Canadian office in Mississauga. The company intends to create over 500 jobs in the city in the upcoming years. ...
U.S.-based tech giant, Nvidia Corp. recently revealed that discussions with regulators to finalize the USD 40 billion proposed acquisition of semiconductor company Arm Ltd. are taking longer than previously estimated....
New Zealand is planning to allow entry to vaccinated travelers from low-risk countries without quarantine restrictions from early 2022, after approximately 18 months of closing its borders to fight the COVID-19 outbrea...
Instead, Sustainable Aviation Fuel (SAF) is being considered as an alternative to fossil fuel. The U.S. government is likely to provide a minimum o...
Chinese integrated smart supply chain and logistics solutions provider BEST Inc. has launched its direct logistics service to deliver parcels from China to Vietnam, Thailand and Cambodia. The e-commerce services will b...
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 economi...
The World Health Organization’s plan for a deeper probe into the origin of the coronavirus was recently rejected by the Chinese government as the possibility of the virus leaking from the Wuhan lab was a part of ...
The move comes as several restaurants are facing worker shortages during their recovery efforts. McDonald’s and its franchisees will co-fund ...
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 ...
British-Dutch multinational oil & gas company Royal Dutch Shell plc has reportedly signed an MoU (memoranda of understanding) with British engineering company Rolls-Royce to develop SAF (sustainable aviation fuel),...
The Indian Department of Consumer Affairs recently released a draft of e-commerce rules that will not just affect big names like Flipkart and Amazon, but also several other companies including food delivery firms Swigg...
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 fro...
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 2...
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 pic...
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, Impos...
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 ...
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 factor...
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 millio...
Sharonview Federal Credit Union, one of America’s leading credit unions, has reportedly inked an exclusive deal with Elan Financial Services, a credit card management service provider, to provide credit card serv...
According to reliable sources, Philadelphia-headquartered managed IT services provider (MSP), Xact IT Solutions Inc., has received the CompTIA Security Trustmark+ from Computing Technology Industry Association (CompTIA...
Modaxo, Inc., a global collective of people transportation companies, has reportedly extended its investment in the Rail sector by acquiring TTG Transportation Technology. TTG Trans...
Reportedly, American fast-food company McDonald’s Corp. has been quietly selling its McPlant burger in Sweden and Denmark in a bid to understand customer’s preferences before permitting its other locations ...
Leading pharma company, Serum Institute of India (SII) is reportedly seeking regulatory approval from DCGI (Drugs Controller General of India) to start clinical trials of its COVID-19 vaccine COVOVAX, which is being de...
GrowFix, an alternate debt assets platform, has reportedly secured USD 2 million through a seed funding round which was led by Zerodha’s fintech & fund incubator Rainmatter. Other participants that were invol...
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 th...
Ohio Supreme Court had alleged Volkswagen for engaging in deceptive recalls after selling its vehicles. Volkswagen claims that Ohio’s lawsuit...
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, Massach...
Coherent Inc., an American leading provider of lasers and laser-based technologies, witnessed a 33% jump in shares, after its rival organization Lumentum touted plans of its acquisition in a cash and stock deal. ...
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 &...
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 ...
According to reliable sources, Italian-American car manufacturing giant Fiat Chrysler Automobiles N.V revealed its plans of investing around USD 250 million to strengthen its presence in the Indian automotive market. T...
The acquisition will enable Blue Canyon to strengthen its product line and conduct more complex space missions. Blue Canyon is currently developing...
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. ...
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 e...
FireEye, one of the leading cybersecurity companies in the U.S, has reportedly announced that its system has been compromised and its proprietary hacking tools used to test its clients’ cyber defenses have been s...
Kia Motors, the renowned South Korean multinational automobile manufacturer, has reportedly recalled 295,000 vehicles in the United States owing to risks arising from engine stalling or fires. The announcement comes me...
UPS, the leading American multinational supply chain management and package delivery company, is reportedly imposing shipping restrictions on a number of its big retail customers owing to the increasing online shopping...
Owing to a financial hit due to the COVID-19 pandemic, Qantas has reportedly decided to outsource over 2,000 ground crew jobs across 10 airports. The decision has reportedly been taken to lower costs and will effective...
Signify Health, a prominent provider of technology-enabled healthcare solutions has recently announced the acquisition of PatientBlox, a technology firm with profound expertise in application of distribu...
Two drugs currently under development for the treatment of aggressive prostate cancer would reportedly be tested to fight the deadliest response against COVID-19 infection, ARDS (acute respiratory distress syndrome)....
Buoy Health Inc., the AI-based healthcare navigation platform, has reportedly raised USD 37.5 million in a Series C funding round led by Humana Inc. and Cigna Holding Co. The funding round also marked the presence of o...
Sanofi signed a contract with Kiadis, a clinical-stage biopharmaceutical establishment developing advanced ‘off the shelf’ natural killer (NK) cell-based drugs for the treating of severe diseases. According...
AE Industrial Partners (AEI), a private equity firm specializing in Defense, Aerospace & Government Services, Specialty Industrial markets, and Power Generation announced the acquisition of PCI, a pioneer in provid...
Calibre Scientific, a varied provider of life science reagents, instruments, tools, and other consumables, announced that it has acquired Lorne Laboratories Limited, a UK-based manufacturer and provider of blood transf...
Britain scientists have started a study to test if the Bacillus Calmette-Guerin (BCG) vaccine can help protect people against Covid-19, as part of a large-scale global trial. The BC...
TaiGen Biotechnology Co., Ltd., a Taiwan-based company that focuses on the development and commercialization of treatments for infectious diseases, cancers and diabetic complications, has announced that its influe...
UnitedHealth Group, a US based for-profit managed health care firm, has reportedly acquired DivvyDose, an American start-up that helps patients suffering from chronic diseases get their prescription medicine delivered ...
Leading bio-production tools supplier, BioLife Solutions Inc, has reportedly signed a definitive agreement for the acquisition of biological materials storage provider, SciSafe. SciSafe is known for delivering biologic...
CATO SMS, one of the leading providers of specialized clinical research solutions, has reportedly acquired Array Biostatistics LLC, a full service statistical and biostatistical programming CRO, in a bid to expand its ...
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, fo...
JMD Properties, has reportedly announced the acquisition of Stella Diagnostics, LLC, a molecular diagnostics firm aimed at enhancing patient management strategies of more than 67 million people suffering from esophagea...
HelixBind Inc., the U.S-based biotechnology company focused on the diagnosis and management of bloodstream infection, has reportedly received breakthrough device designation from the US FDA (Food and Drug Administratio...
Change Healthcare, a leading autonomous healthcare technology company announced that it has acquired Nucleus.io, a leader in developing end-to-end cloud-native workflow and imaging technology. ...
National Imaging Solutions, a leading provider of radiology and medical imaging solutions, has recently announced that it has acquired Huston-based X-ray system company, Decker X-Ray. Reportedly, this acquisition showc...
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, Technolo...
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 p...
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 sta...
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 ...
Vancouver-based Future Farm Technologies Inc., has reportedly announced that it has officially completed the 100 per cent acquisition of High Purity Natural Products, LLC. The merger represents a crucial step in the co...
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. T...
Advocate Aurora Health, one of the leading health systems in the U.S., has been in talks with Beaumont Health to explore the potential of a future partnership. Reportedly, both organizations inked a non-binding letter ...
The healthcare sector is ablaze with advanced technologies with medical care companies coming up with innovative services. The technological changes in healthcare have significantly brought comfort and positively impac...
Change Healthcare has recently announced the acquisition of a leading patient-centric & innovative technologies provider for health systems and pharmacies, PDX. PDX offers a ful...
CM.com, leading conversational commerce platform, has recently acquired CX Company which is a digital conversation platform specifically designed to engage customers via intelligent chatbots, conversational artificial ...
Konica Minolta Precision Medicine, Inc. (KMPM), a division of optical products company Konica Minolta, recently revealed that it has acquired all the assets of Backpack Health (BPH), an innovative web and mobile-based ...
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...
TSG, a leading provider of business management software, integrated payments, and value-added services, has announced the acquisition of TrueCoach, a U.S.-based software company powering businesses of over 15,000 train...
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 f...
Previse, a fintech that aims at enabling suppliers receive faster payments, has recently announced that it has secured about $11 million in a new round of funding that was led by Reefknot Investments as well as Masterc...
One Drop, a leading digital health company, has recently announced the acquisition of the whole assets & intellectual property of Sano Intelligence Inc., a developer of wearable sensors. Several team members of San...
RTI International has recently closed the acquisition of MDA (Medical Data Analytics), an RWE (real-world evidence) generation provider to the pharmaceutical & biotechnology industry. ...
Nestle Purina PetCare has recently announced that it acquired Lily’s Kitchen, a natural pet food brand that is also a leading manufacturer of premium dry & wet natural food for both cats and dogs. The latter&...
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 day...
Air Co., a technology and lifestyle company, has reportedly redirected 100% production capacity of its CO2-based vodka to the development of hand sanitizer. The recent shift in the development of a new product line has...
Akumina, the leading digital workplace software platform, powering personalized digital employee experiences, recently announced plans to partner with BlueModus, a full-service technology agency. ...
The free-streaming video service comes installed on smart televisions and is ad-supported Video service supported by ads has a large ...
The new deal amounts to $34 billion now. HP had declined an unsolicited cash and stock offer of $22 per share. ...
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 th...
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...
Nio had indicated an urgent need to secure funds and early talks with Guangzhou Auto There is still some cloud whether an agree...
The lawmaker has introduced a bill to prohibit the region from sharing intelligence with the countries making use of the Huawei 5G networks. ...
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 ...
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 produ...
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. ...
The leading automaker, Ford Motor Co. recently announced plans to add 3,000 jobs at 2 factories in metropolitan area and also to invest USD $1.45 billion to build new SUVs, pickups, autonomous and electric vehicles. Wi...
Automotive giant has announced delaying the release of its first mass-market Electric vehicle, EQC in the states of US. The move is ...
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 negot...
Huawei and ZTE were first claimed to be potential national security threats by a U.S Congressional panel in 2012. Huawei Technologies Co., Ltd., a Chinese mu...
Reports confirm that Walt Disney Co shares climbed to a record high after the entertainment company revealed that its new streaming service, Disney+, had witnessed extraordinary consumer demand, touching 10 million sig...
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 wit...
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. ...
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 pow...
Since the arrival of 4G by private telco firms, BSNL has experienced a steep fall in its consumer base and has next to no presence in the telecom market. For couple of years, BSNL has operated in loss and is unable to remunerate its employees on t...
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....
For years, American motorcycle manufacturer Harley Davidson has been ruling the biking industry. It was one of major motorcycle firms that survived the great depression of the 1930s. However, with the advent of electri...
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 reputab...
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 fol...
Whether watching your favorite TV series or seeking the latest news updates, local television stations have long been an integral part of people’s lives across the globe. With growing subscribers, service provide...
Gov. Cuomo announced the ban on flavored e-cigarettes to address the growing cases of vaping related health illnesses and deaths among youths. An e...
The 2 major companies have inked a deal valued at USD 700 million for the development of the cancer drug. Lupin to receive royalty on...
The startup has recorded annual revenue of $915 million and hopes to raise at least $500 million from its IPO. Peloton, a U.S.-based fitness startup that produces e...
The company presented its preliminary data at the 20th Asia-Pacific Prostate Cancer Conference held in Melbourne, Australia. Trovagene, Inc., a Precision Cance...
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 B...
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 int...
Urals facility shuts down Byeloyarsk power unit at 9.15 local time after automated safety system’s false activation. This incid...
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 ...
With 400 million users, India is the biggest market for WhatsApp. Facebook Inc. now awaits regulatory approval for a complete roll-out of WhatsApp ...
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&rsq...
Ingram Micro offers Cloud migration solutions for businesses impacted by Microsoft’s move. Microsoft Corporation, the technology company recently announced to...
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 telecommu...
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 gai...
The e-commerce giant claims its drone’s safety features to be as robust and stable as a commercial aircraft. Global e-commerce giant, Amazon has recently unve...
Faasos involves delivery-only restaurants and brands which helps it to save on real estate costs. The capital markets company Coatue Management will reportedly lead...
Currently the company is looking at 66 cities across India and eventually the service will be available countrywide Reports confirm that Amazon and Tata Sky have recent...
The acquisition is speculated to strengthen Qatar Petroleum’s international oil & gas portfolio. Qatar’s state owned petroleum company Qatar Petrole...
Germany has been urged to bar equipment provided by Huawei and other Chinese manufacturers This would be the first time U.S. is threatening a count...
The fund will be used to pour in capital for the development of technology startups in Latin America. The fund’s location for h...
© 2021 itresearchbrief.com. All Rights Reserved.