Google plans to close down its immersive film unit Spotlight Stories

The studio would close now after making stories for more than six years and putting them in VR, on screens and on phones   Permanent employees of the Spotlight Stories are expected to be offered other roles within Google Google h....

Two Blue Cross Blue Shield insurers combine with Oregon’s Cambia

Both the companies would reportedly merge the administrative, operational, and corporate management services under the brand name Cambia Health Solutions Insurance operators Blue Cross and Blue Shield of North Carolina have recently declar....

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 pe....

US insists Germany drop Huaweis equipment from its 5G infrastructure

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 country against consequences for using Huawei equipment Reportedly, a letter from U.S. Ambass....

Roches Tecentriq® gets U.S. FDA nod for patients with breast cancer

The cancer immunotherapy drug could significantly reduce the risk of disease worsening or death (PFS) in patients by 40%. Swiss healthcare conglomerate, Roche AG has recently announced that the U.S. FDA (Food and Drug Administration) has g....

ASLAN, BioGenetics ink deal to commercialize AML therapy in S. Korea

ASLAN would grant BioGenetics exclusive rights for commercializing ASLAN003 in South Korea The therapy showed early signs of efficacy and safety in refractory and relapsed AML patients Clinical-stage oncology-focused biopharmaceutical ....

Suven enters new purchase agreement to acquire Rising Pharma assets

Suven has entered the asset purchase agreement through its JV partner, Shore Suven Pharma, Inc.   Following the deal’s announcement Suven Life shares went up by 0.45%, trading at approximately INR 268 apiece. Suven Life Sci....

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 pharmace....

Softbank launches $5B fund for Latin America’s technology landscape

The fund will be used to pour in capital for the development of technology startups in Latin America.   The fund’s location for headquarters remains undecided so far. Japanese holding conglomerate Softbank has apparently ma....

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 s....

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