About Author : Akshay Kedari


Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web development, Akshay lends expertise procured from his core domain in the articles he pens down.



Contribution by: Akshay Kedari

NTT Research unveils 8 partnerships on quantum physics, neural network

NTT Research has entered into five-year agreements with universities and other agencies   The joint framework will help boost its efforts within the principles of brain science and quantum physics Reports confirm that NTT Research, Inc., a...


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NTT Research partners with TUM on technologies to advance patient care

NTT Research, Inc., has recently unveiled that its Medical and Health Informatics (MEI) Lab has signed a joint research agreement with the Technical University of Munich to work on three-dimensionally implantable and transformable electrodes. A reno...


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Amazon plans to launch a new line-up of supermarkets in Los Angeles

Grocery business has always been big in America, estimated to be a $800 billion market in 2017. Amazon has constantly worked on capitalizing on this market, but its efforts have always fallen short. From offering groceries on its website, to buying W...


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Voi Technology to enhance profitability using latest $85Mn investment

The urban mobility firm plans to use this investment to further its kick scooters and improve software. Voi Technology, a Swedish start-up that offers electric scooters, has recently raised around $85 million from a latest funding round led by Vosto...


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GridGain Systems unveils ‘GridGain for z/OS’ for use on IBM z/OS

GridGain Systems, an enterprise-grade in-memory computing solutions provider, has recently revealed its optimized in-memory computing platform, GridGain for z/OS, for IBM z/OS operating system. According to reliable sources, the n...


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Walmart and Tesla resolve lawsuit over rooftop solar array fires

Walmart and Tesla have recently announced to have settled the lawsuit regarding the fires which broke out in Tesla’s solar panels installed at various Walmart stores last year. Tesla’s shares spiked by 1.5% following the announcement. So...


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Priority Tech implements Company.com’s cloud-based STAC™ platform

The platform will provide a series of bundled products and services via a personalized dashboard. Services are extended to registered ISOs, sub-ISOs, agents, agent banks and other valued distribution channels U.S. based – Priority Te...


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MPA’s D&V Electronics inks a strategic partnership with OPAL-RT

Founded in 1968, Motorcar Parts of America, Inc. (MPA) has made a name in the automotive aftermarket parts sector with pioneering approaches that integrate advanced quality engineering with sustainable manufacturing processes. Recently, MPA made hea...


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Accenture Interactive buys UK-based digital consultancy Bow & Arrow

Accenture Interactive, a renowned Ireland based professional services firm that offers services in consulting, digital, strategy, operations and technology, reportedly announced the acquisition of Bow & Arrow, a renowned UK-based digital growth c...


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Deutsche Telekom and Teradata join forces to expand their portfolio

Teradata, an innovative cloud intelligence company that has been offering clients with intelligent, real-time answers using 100% relevant data, has recently inked a strategic partnership with telecom giant Deutsche Telekom at Digital X in Germany. R...


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Tyler Technologies and Amazon Web Services ink new collaboration deal

Tyler Technologies Inc., a major Texas-based public sector software firm, has reportedly announced that it has inked a new strategic collaboration deal with Amazon Web Services (AWS), an on-demand cloud computing subsidiary of Amazon.com, Inc., for c...


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Cook Medical, Quanta System team up to deliver enhanced laser treatments

The partnership will provide clinicians with state-of-the-art laser tech to treat patients The venture also produces an opportunity for Cook Medical to help treat benign prostate hyperplasia America-based medical device company Cook Med...


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T-Mobile in talks with authorities to close Sprint merger by 2020

T-Mobile is globally known for its robust customer support and innovative offerings. The company is currently connecting 99% of Americans with its LTE network and is planning to expand its 5G network all over the nation. However, recently the compan...


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Airbus inks deal to sell 100 jets to US carrier Spirit Airlines

After receiving approval from the World Trade Organization, the United States is planning to enforce tariffs of up to $7.5 billion on aircraft from the European Union. While the United States is permitted to have up to 100% tariffs on up to...


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Samsung brings in new software update for Galaxy S10 and Note10

Samsung Electronics Co Ltd. once was the prime player in the premium mobile segment but after the advent of Xiaomi and Huawei, its dominance has lately seen a downward trend. However, Samsung’s Galaxy series is still maintaining its presen...


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Microsoft strengthens its cloud-based services by acquiring Mover

For years Microsoft Corporation has operated with a sole mission of empowering every organization and person on the planet, allowing them to achieve more. Recently, the company has shifted its focus towards Cloud and AI, as it feels that it possesses...


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Netflix raises USD 2 billion in debt to fund new content creation

Netflix, the online-streaming video platform, is growing with an astonishing speed. The extraordinary growth of Netflix has revolutionized the media landscape. However, the company has often raised funds to invest in creating original TV shows and mo...


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Norwegian Air join forces with JetBlue to expand transatlantic network

To meet increasing demand for air travel across nations and to play a lead role in the aviation industry, numerous airline companies are joining forces to roll out new plans for their passengers. A similar instance occurred recently when U.S.-based J...


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Nazara acquires 51 percent stake in edutainment studio Paper Boat Apps

Global edutainment industry is set to witness one of the most exponential growth spurts among various technology sectors in the forthcoming years. The industry is thus experiencing a series of developments, acquisitions and collaborations among marke...


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SGI Aviation inks a new cooperation agreement with Regional Jet Center

The global aviation sector is projected witness exponential growth as global spending on repair, maintenance and overhaul services are expected to rise significantly over the next decade due to an increasing number of people choosing air travel. Thus...


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Sophos Group announces a $3.9Bn acquisition bid from Thoma Bravo

With growing cases of cyberattacks and hackings, the need for an effective cybersecurity application is imminent. Advancements in digitalization has indeed maximized the chances of cyberattacks. In order to tackle such rising cases, softwar...


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ABOM® HEET active anti-fog tactical eyewear receives APEL® nod

Ski goggles are a must for skiers as they protect eyes from snow, wind, and harmful UV rays, while improving vision to see obstacles more clearly. In a bid to enhance the quality and efficiency of ski googles, companies are now introducing new techno...


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Autonomous vehicle startup Einride raises $25Mn in Series A funding

As electric vehicles are taking the automobile industry by storm, autonomous vehicles are now set to become a new benchmark for many automakers. The technology is believed to hold great significance in the trucking industry and has effectively attrac...


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Samsung Display to invest $11Bn to develop advanced display screens

In a bid to increase market penetration, tech company need to upgrade their product’s offering using technological innovation. Given to the importance of investment in this field, numerous tech organizations in the world have started to pour he...


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VMware near completes acquisition of cybersecurity firm Carbon Black

Mergers and acquisitions (M&A) help companies to explore new markets, enhance consumer base, create economic profit, and provide a profitable return to shareholders. When a company wants to purchase some or all stocks of a firm, it proposes a ten...


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Microsoft files patent for vibrating floor mat that helps in VR gaming

VR is witnessing a substantial growth in its implementation due to growing compactness of devices as well as the availability of various gaming options. Safety of users playing games in VR is a big concern for technology and video game companies. So ...


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Tesla acquires Canada-based Hibar Systems to make its own cells

The automobile industry’s quest to reduce its harmful effect on the environment and transform automotive mobility into a sustainable mode have highlighted the importance electric and hybrid vehicles. Numerous automakers worldwide are putting in the...


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Micromobility startup Bird raises $275 million in Series D funding

Growing need for modern transportation as well as sustainable urban mobility is resulting in the adoption of micromobility. Electric scooters are hoped to have a positive impact on the fight against air pollution, marking a novel move towards efficie...


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InterGlobix Magazine and iMasons tie-up under a media partnership deal

Due to the increasing innovations and discoveries in the technology field, various summit and conference are being conducted lately where enterprises get a podium to showcase their respective innovations to the world. Seeing the massive event managem...


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Revolut to hire around 3,500 staff to support its global expansion

The banking industry plays a vital role in offering end-to-end financial. The development of this industry is crucial as it could help with the development of a county’s economy. In order to fuel this development, companies are coming up w...


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Nokia secures a new 5G network deal from Japanese telco firm KDDI Corp

As the use of mobile and other smart devices are continuously rising worldwide, the need for upgrading existing network to next-generation advanced technology is of paramount importance today. From improving customer experience to creating a flexible...


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Nano Dimension‘s DragonFly LDM 3D printing tech sold to Hong Kong Uni

· DragonFly LMD is an extension of DragonFly Pro · The system enables printing of electronic parts which includes capacitors, coils and sensors, etc. Israel-based Nano Dimensions Ltd., a leading additive electronics provider has repor...


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HHM, Hydrospider to deploy green hydrogen-based FCEVs in Switzerland

Mounting environmental concerns have significantly increased the demand for eco-friendly heavy-duty electric vehicles for industrial applications. The green hydrogen revolution has begun and auto majors are making efforts to deploy hydrogen mobility....


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Slice Labs, AXA XL and Coronet tie-up under a cybersecurity agreement

Small and medium sized businesses are increasingly showing a substantial growth over the digital market. These businesses are more prone to cyber-attacks, which are a constant looming threat to their business operations. Thus, many small and medium s...


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Cabot Announces Inauguration of its Fumed Silica Manufacturing Plant

With increasing urban population in China, there is an noticeable increase in demand for automotive, construction, and infrastructural developments. Fumed silica is used in these sectors because of its enhanced performance capabilities, versatility, ...


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Link REIT, Allinfra announce collaboration on blockchain technology

The nature of technology is that it can always be updated into a better version. Such upgradations can change the course of industries and can help markets expand worldwide. Blockchain is one such technology that has made immense strides and has beco...


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Source Photonics to reveal its 400G Product Portfolio at ECOC 2019

Rapid digitalization across various markets worldwide has made data centers much bigger than what they were a few years ago. This growth has led to reduced deployment speeds and development of various applications that are completely different from t...


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SPIG contracted to provide sea water cooling tower for Bahrain project

As use of fresh water in power plants becomes less feasible due to low availability salt water cooling in water and power projects is gaining more popularity. Power companies as well as national governments are jointly investing in the energy project...


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UK startup Gocardless gears up for its launch in the United States

The ACH (Automated Clearing House) Network is a U.S. electronic payment network that processes financial transactions for consumers from one bank account to another and was the most chosen payment method consisting of 51% of all bill paymen...


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TCS partners with General Motors on its global vehicle program

Every day it seems that technology is pushing the boundaries of the automobile industry. Whether it is a hybrid electric cars or self-driven vehicles, modern technologies are advancing the automobile sector like never before. With increasing emphasis...


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Aldi to expand its London market share followed by surging sales

Discount stores have taken the retail industry by storm, with more people favoring them over traditional supermarkets. In the past couple of years, discount supermarkets have witnessed rising sales. Moreover, leading players like Walmart and 7-eleven...


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CommScope furthers RDK Video Accelerator portfolio with 2 new services

The company announced two new products, which would be positioned under RDK video Accelerator’s umbrella, making it the latest platform that supports both HDR and AV1. CommScope Inc., a U.S. based network infrastructure provider company, has r...


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Baidu invests US$200Mn in China’s AI company Neusoft Holdings

The collaboration between Baidu and Neusoft will aid the development in smart city infrastructure, healthcare, and education.   This investment extends an existing partnership with Neusoft Holdings for the development of products. Chinese ...


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LeddarTech® unveils its new 3D flash LiDAR solution, Leddar™ Pixell

The new solution is particularly developed for autonomous vehicles like robotaxis, shuttles, delivery and commercial vehicles, providing best-in-class safety through robustness and superior detection. LeddarTech®, the market experts in LiDAR tec...


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AECOM reveals plans to launch its PFAS eliminating tech DE-FLUORO™

DE-FLUORO™ will be on display at the company’s booth at the eighth International Contaminated Site Remediation Conference, CleanUp 2019. AECOM, a multinational engineering firm with a completely integrated global infrastructure, has rece...


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OnTime to offer Ethernet Switch & GPS time-server solution to Airbus

OnTime will provide its CloudberryMIL CR-6900 Series to Airbus Defense and Space which will reduce the connectivity issues faced by military personnel. OnTime Networks AS, a leading provider of Ethernet solutions for the defense and aerospace sector...


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J2 Acquisition invests $2.9 billion to acquire APi Group, Inc

J2 Acquisition Limited, said that the company believes APi to be the ideal base for J2’s preliminary investment and is in line with its disciplined investment criteria. J2 Acquisition Limited, a public acquisition company, recently announced ...


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Polar & FORM to deliver heart rate monitoring to FORM AR Swim Goggles

By utilizing FORM Swim Goggles together with either the OH1+ or OH1 by Polar, swimmers would gain the ability to see their own heart rate in their swim goggles.   Starting this November, FORM Swim Goggles would extend support for the Polar O...


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Falkonry wins Phase II innovation research contract from US Air Force

Falkonry LRS will be integrated within Department of Defense analysis platforms Falkonry, a company that enables predictive operations for companies globally, recently announced that the U.S. Airforce Research Laboratory (AFRL) has granted it the c...


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Google’s Nest Hello video doorbell could now detect package deliveries

Google’s recent update allows the Hello video doorbell to send alerts to its user whenever it senses a package at the doorstep. Global tech giant, Google LLC has recently announced that its Nest Hello video doorbell can now instantly send a n...


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ePlus acquires ABS Technology to extend its mid-Atlantic footprint

ABS Technology is 27th acquisition of ePlus since 1997, it helps to fill a hole in its education business in the company’s home state of Virginia.   Typically, ePlus acquires other companies for expansion of the company in newer geogr...


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Arbitral tribunal panel discards Adocia’s complaint against Eli Lilly

Following this move, Lilly would continue to focus on developing and discovering new treatments for people suffering from diabetes. A Chicago-based arbitration panel has recently ruled in favor of U.S. pharma giant Eli Lilly and Co. in a claim ...


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WiseTech Global acquires U.S. logistic company Depot Systems

Depot Systems will remain under MD Wally Morris’s leadership and will continue to offer container yard management solutions to its clients in the U.S. Global logistics solutions group, WiseTech Global has recently announced the acquisition of...


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JPMorgan aims to expand use of blockchain to improve payment systems

The company has developed a function for verifying in real time whether a payment was being transferred into a valid account Reports confirm that JPMorgan Chase is planning to expand its deployment of blockchain technology for improving the payment ...


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Cafe Coffee Day (CCD) to initiate stake sale talks with Coca-Cola

Coca-Cola is trying to expand its influence in the café space as its primary product is experiencing a slump. Indian café chain operator, Coffee Day Group is reportedly seeking to restart its negotiation with beverage giant Coca-C...


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United Parcel Service testing its self-driving cargo trucks in Arizona

The testing is being carried out on the 100-mile stretch that connect Phoenix and Tucson, Arizona.   For the time being, human attendees remain onboard the autonomous cargo trucks for the complete 100-mile journey. United Parcel Service, (...


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Blockchain firm Bitfury releases a new artificial intelligence unit

The AI division will be a part of Bitfury and will work alongside the firms existing blockchain services. The Bitfury Group, one of the leading blockchain technology companies in the world, has recently launched its new artificial intelligence (AI) ...


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Carbon Black TAU unveils binary emulator Binee for Malware Researchers

The open source emulator is specifically designed for Malware Researchers The product, also known as “Binee”, was unveiled at DEF CON 27 in Las Vegas Carbon Black, a cybersecurity company based in Waltham, Massachusetts, reportedly a...


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Nissan pays $1.5M to settle car crash without side airbags lawsuit

Nissan Motor Company, (Nissan), has reportedly agreed to pay an amount of $1.5 million to the estate of a victim who succumbed to injuries in a road accident owing to a collision. The victim’s car apparently lacked side-curtain airbags.   ...


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Lenovo signs a multi-year deal to develop HPC and AI with Intel

The collaboration plans to emphasis on sections like ecosystem enablement, software optimization for AI and HPC convergence and systems and solutions. Intel Corp., an American multinational tech company, has recently announced a multi-year collabora...


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New partnership allows AT&T customers to get Spotify Premium for free

AT&T customers to reportedly enjoy Spotify Premium for free for over 6 months. This will allow the customers the benefit of more podcast and music options. Texas based AT&T has reportedly announced its partnership with music and podcast ...


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Lyft recalls its e-bikes in San Francisco following fire incidents

Lyft had prior recalled its electric bikes from the U.S. market due to a braking malfunction which was proven to be dangerous for riders. Lyft, Inc ., a transportation company, is reportedly pulling its pink e-bikes from San Francisco, just two mon...


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Roche extends the tender offer for Spark Therapeutics, Inc.’s shares

The extended tender would provide additional time for the U.S. FTC and U.K. CMA to complete their prior disclosed evaluations of Roche’s acquisition of Spark.  Swiss healthcare giant, Roche Holding AG have recently announced that it has s...


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PBR Hard Coffee turning out to be a favorite across Maine test market

Maine is one of just five states where PBR is testing the alcoholic beverage.   Hard Coffee is a malt liquor, milk, and coffee concoction that contains 5% alcohol by volume. Pabst Brewing Company, a Wisconsin-based American liquor and beer...


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Office space manager WeWork to go public sooner than expected

The company is looking to arrange an analyst day for Wall Street banks on 31st July to prepare for its IPO. WeWork, a U.S. based company that offers shared workspaces for tech firms, has recently revealed plans to go public by September. Sources clo...


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Sienna to start drilling on nickel-cobalt-copper project in Sweden

Novel high-priority drilling targets were introduced in 2018 following electromagnetic surveys and geophysical work & sampling The project work is scheduled to begin in August 2019. Sienna Resources Inc., (Sienna), a dedicated Vancouver-base...


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Porsche teams up with FogHorn to implement facial recognition in cars

FogHorn developed a prototype that allows users to access their vehicles without the use of a key fob Porsche AG and FogHorn Systems Inc. have reportedly come up with an application of facial recognition technology in cars, to enable vehicles to rec...


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Blue Apron to add Beyond Meat’s plant-based products to its meal kits

The company has opted for partnerships owing to its struggling position and inability to find a loyal subscriber base Blue Apron, an American company that provides meal kit services, recently announced that it will be adding products from Beyond Mea...


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RoadBotics collects $7.5 million in a Series A funding round

RoadBotics, an industry leader in road assessment recently collected $7.5 million in a Series A funding round led by venture capital firm Radical Ventures, which is focused on AI. Other investors in the funding round included Wharton Alumni Angels of...


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Chemesis International Inc. announces collaboration with Happy Tea

The company will produce products of Happy Tea in its facilities based in the U.S. and will boost manufacturing as demand rises. Chemesis International Inc. has reportedly announced that it has partnered with Happy Tea, a U.S. based provider of...


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Huawei plans to lay off hundreds of U.S. employees following its ban

The people who have been laid off would have the option to work for the company in China Chinese tech giant, Huawei Technologies Co Ltd, plans to lay off a large number of people in the U.S. as the company struggles with its blacklisting in the coun...


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Electrify America to offer fast-charging for HD’s electric motorbikes

Electrify America plans to add approximately 800 charging stations with over 3,500 chargers by 2021 Harley Davidson has recently unveiled it industry-shaping partnership with Electrify America. The apparent motive behind this move is to deploy a fas...


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Nexus to build sterile injectable manufacturing facility in Wisconsin

Nexus Pharmaceuticals, a biopharmaceutical company focused on research & development of critical-need injectable medications, recently revealed plans to invest $250 million to build a sterile injectable manufacturing facility at Pleasant Prairie,...


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NHS partners with Amazon’s Alexa to offer medical advice in the UK

NHS aims to improve patient’s healthcare quality in an effort to relieve pressure on health professionals in the U.K.  UK’s public healthcare system, National Health Service (NHS) has recently announced its partnership with Amazon t...


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Gatwick Airport station renovation to cost an extra £30 million

The proposed renovation is expected to double the size of the station’s concourse and install more escalators and lifts.   The planned transformation is expected to exceed the previously anticipated budget by £30 million. The U...


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FCC presents proposal for power to punish international robocallers

This new rule is made to offer certain powers to FCC through which it can locate and act against criminals. Federal Communications Commission (FCC) of the United States has reportedly announced that it will present a proposal enabling the agenc...


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120 TV stations black out as AT&T and Nexstar fail to reach agreement

After Nexstar Media Group and AT&T were unable to reach an agreement, 120 TV stations, that include FOX, CBS, ABC and NBC affiliate stations across 97 markets in the U.S. were blacked out. On 4th of July, many AT&T U-verse and DirecTV su...


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Supermarket chain HEMA to expand presence in the U.S. and Canada

HEMA, a department store chain recently announced its plans to expand into Canada & the U.S. U.S. customers will now be enabled to buy HEMA household products through the online platform of the world's largest retailer, Walmart.com. HEMA will...


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Facebook partners with VC funds to propel SMBs expansion in India

Facebook to initiate a VC Brand Incubator Program in India Facebook will aid SMBs to scale up their operations Earlier in June, the social media giant invested an undisclosed amount in an Indian social commerce start-up Meesho. Facebook rece...


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Tesla sets new production and delivery records, stock prices climb 7%

The automaker expects a profitable third quarter after its record-breaking performance in the second quarter Tesla stocks had witnessed a jump recently following the electric automobile manufacturer’s announcement stating it shattered its exis...


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Subway partners with Halo Top Creamery to launch low calorie milkshake

Halo Top offers ice cream with 280 to 360 calories and 20g of protein per pint American restaurant franchise Subway has recently announced that it will team up with Halo Top Creamery in order to bring low-calorie milkshakes across 1,000 of its store...


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Digital Reasoning expands support to APAC with new Singapore office

The new location would help the company meet key demands of the most significant financial institutions in the world Digital Reasoning has reportedly announced the inauguration of its APAC business office in Singapore, on account of the increasing d...


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Chinese drone maker DJI responds to alleged security concerns in US

It becomes the latest Chinese tech giant to face national security concerns raised by the United States Senate Chinese drone company DJI has reportedly published an 1800-word open letter, retaliating against Capitol Hill’s growing concerns ove...


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SLD Laser demonstrates its high power Blue Laser module technology

SLD Laser, a leading company in the commercialization of laser light sources & blue laser products, recently announced to have demonstrated high brightness, high power, ultra-compact, fiber coupled blue laser modules for application in consumer e...


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Aeronext partners with MMC to expand industrial drone market in China

The development of Aeronext’s 4D GRAVITY tech offer have an expanded range of applications that conventional drones previously lacked The next generation drone company, Aeronext Inc., has formed a strategic alliance with MicroMultiCopter Aero ...


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Apple to gauge cost implications for moving some production from China

China is a major market for Apple as it secured 18% of its total revenue from the country in last quarter Technology giant Apple has reportedly been preparing to restructure its supply chain and has requested its key suppliers to evaluate the implic...


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T-Mobile, Sprint to finalize deal with Dish to gain merger approval

T-Mobile-Sprint merger could make Dish the fourth major US carrier as it will buy assets from the two companies Satellite TV Provider Dish is reportedly in talks to strike a deal to buy Boost Mobile and wireless spectrum from Sprint and T-Mobile, a...


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MoneyGram sells $50m stake to Ripple, will use XRP on its platform

The partnership will end the need to deploy foreign bank accounts, a reason why MoneyGram has a negative working capital Ripple, the cryptocurrency company, has recently announced that it has teamed up with MoneyGram, a money transfer platform, in a...


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L3 unveils C-130 Avionics Modernization Program for C-130 variants

New York-based L3 Technologies’ Integrated Aerospace System (IAS) division has reportedly announced that it is launching a global C -130 Avionics Modernization Program (AMP) based on its certified and deployed U.S. Airforce C-130 avionics solut...


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Intel, Qualcomm lobby against U.S. gov’s ban on supplying to Huawei

The ban will apparently result in catastrophic consequences for the U.S chipmakers since Huawei is one of their major customers Reports suggest that Intel, Qualcomm and other American chip suppliers for Huawei, are quietly persuading the U.S. govern...


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Tyson Foods unveils its first plant-based burger and nuggets brand

Tyson is in competition with Beyond Meat, one of the few companies besides Impossible Foods to introduce a plant-based burger Tyson Foods, world’s second largest marketer and processor of meat, recently announced the launch of Raised and Roote...


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Ford Motor tests its latest self-driving car prototype in Detroit

Detroit will be the fifth city to have test vehicles from Ford and Argo AI would be monitored, to observe how they work in variety of conditions Ford, the global auto giant and Argo AI, an autonomous vehicle startup, have recently deployed driverles...


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Amazon to halt its restaurant food delivery business from June 24

Amazon, the retail multinational headquartered in Seattle, has reportedly made it to the headlines as it announced to shut down Amazon Restaurants from June 24. In a recently released statement, the company reportedly noted that while most of the em...


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Salesforce to buy data visualization company Tableau for $15.7 billion

Salesforce, the cloud-based software company, recently announced its plans to acquire data visualization firm Tableau Software for $15.7 billion. The acquisition is expected through an all-stock transaction, in which Tableau’s class A & cla...


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Microsoft’s Xbox Game Studios buys Double Fine, expands developer team

Doule Fine’s Psychonauts 2 will be launched for the platforms it had previously promised, including the Mac, Play Station, Linux, Xbox one and the PC Xbox Game Studios, the video game company owned by Microsoft, has recently acquired Double Fi...


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Step raises $22.5 million in Series A funding round led by Stripe

· The investment comes as the company’s waitlist demand surpasses 500,000 individuals since the announcement of its offering. · Apart from Stripe, Step’s present investors - Sesame Ventures, Collaborative Fund and Crosslink...


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Ursa, ICEYE extend partnership for SAR satellite data & products

Ursa Space Systems Inc., a leading provider of geospatial intelligence solutions, has recently inked an agreement with microsatellite manufacturer ICEYE to expand the global market for synthetic aperture radar (SAR) data and analytic products. Build...


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EyeGate receives FDA approval to initiate PRK pivotal study

EyeGate Pharmaceuticals, Inc. has reportedly received approval from the U.S. Food and Drug Administration to start photorefractive keratectomy or PRK pivotal study. As per trusted sources, the FDA has determined that EyeGate provided adequate data t...


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American Airlines & Qantas JV to receive tentative U.S. approval

The U.S. Transportation Department would reportedly provide tentative approval to a proposal by American Airlines and Qantas Airways to run a joint venture, claimed sources close to the deal. As per trusted sources, the department is projected to is...


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OwnBackup raises $23.25 million in series C investment round

The cloud to cloud data backup and recovery company OwnBackup has reportedly announced that it has closed a series C funding round worth $23.25 million. Among the investors in the latest round are Salesforce Ventures, the corporate investment divisio...


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Supermicro unveils new Resource-Saving systems & 5G Edge solutions

The new server systems will offer better data center performance, improved TCO and less environmental impact. Super Micro Computer, Inc. (Supermicro), a leading enterprise computing, network solutions and green computing technology provider, has rec...


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China-based Ctrip enters into a strategic partnership with Oyo

The collaboration between the two giants will add value to the hospitality landscape of China by empowering both the demand and supply side. China’s leading online travel agency (OTA) Ctrip has reportedly announced that it has signed a strateg...


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Huawei CEO Ren Zhengfei opposes boycott of Apple Inc. in China

The comments come in the backdrop of the crisis being faced by Huawei The Chinese multinational technology company Huawei Technologies Company Limited has reportedly noted that China should not boycott Apple Inc. Ren Zhengfei, CEO and Founder, Huawe...


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TYAN Computer to unveil new HPC, cloud & storage server platforms

Powered by 2nd Gen Intel Xeon Scalable Processors, TYAN’s server platforms will deliver leading performance competencies. U.S. based server platform design manufacturer, Tyan Computer Corp. (TYAN) is reportedly unveiling a wide range of high-p...


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Reliance Capital sells stakes to Nippon, exits mutual funds business

Reliance Capital, a financial services company has recently entered an agreement with Nippon Life Insurance of Japan, for exiting its stake in Reliance Nippon Life Asset Management, reports source. For the record, Nippon Life Insurance made initial ...


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CSBC-DEME Wind Engineering inks turbine installation deal with CIP

CSBC-DEME will transport and install turbines for two offshore wind projects in Taiwan. Construction is scheduled to start in 2021 with a target of completion by end 2023. CSBC-DEME Wind Engineering Co., Ltd., a joint venture between CSBC Corp. ...


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Google cuts off business with Huawei following Trump trade blacklist

The move will prevent Huawei from using Google’s hardware, software and technical services in its upcoming smartphones. U.S. tech giant, Google LLC has recently suspended business with Chinese smartphone maker Huawei Technologies Co. Ltd. foll...


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Volvo signs long-term battery supply deal with LG Chem & CATL

The U.S. has recently sought to limit dominance of China in EV supply chain. Swedish luxury vehicle company Volvo Cars Group has reportedly announced that it has signed a long-term agreement with Asian companies Contemporary Amperex Technology Co L...


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Volkswagen announces battery cell production plans in Germany

Volkswagen, the German multinational automotive manufacturing company announced that it will invest over 1 billion euros in battery cell manufacturing at a facility in west Germany and is looking to simplify the group by spinning out or selling units...


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Agile Analog secures €4.5m for innovative semiconductor design process

Agile Analog offers access to easy to use and flexible analog IPs, enabling a wide range of customers to integrate more analog on their chips Agile Analog, the Cambridge-based startup has recently closed a pre-Series A round of funding from MMC Vent...


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Free in-flight Wi-Fi to be tested by Delta for 55 Domestic flights

Delta, a major American airline, has made it to the headline as it announced that it will be testing offering free Wi-Fi on 55 domestic flights, this month. As per sources, the tests will last for two weeks, and will allow users full-fledged access t...


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Hughes and Bharti Airtel to amalgamate their India VSAT operations

The closure of the deal may take 9 to 12 months, depending upon regulatory clearances. Indian global telecommunication service company Bharti Airtel has reportedly announced that it will merge its broadband satellite, or VSAT, business wit...


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Tesla lowers base model price in Canada to qualify for federal rebate

Tesla, the electric vehicle giant, recently announced that the retail price for its Model 3 electric vehicle will be decreased from $47,600 in Canada to $44,999. Seemingly, the auto maker is trying to qualify for a $5,000 rebate that the government a...


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ClearOne’s Collaborate Space app launches on-premise enterprise edition

ClearOne has launched an on-premise enterprise version of its cloud-powered Collaborate Space application providing enhanced security and full enterprise control for bigger organizations. In a recent turn of events, ClearOne, a leading global provid...


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Shell amid talks with BP to buy its stake in the Shearwater O&G field

Royal Dutch Shell holds a stake of 28% in Shearwater, while BP holds close to 27.5%. Discussions between oil and gas company Royal Dutch Shell and BP are reportedly underway, with regards to the former intending to buy a part of the Shearwater oil a...


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Dominion adds new solar projects to meet Facebooks clean energy goals

Its solar projects announced recently would sell power to Facebook under an agreement between the two companies which was inked in 2017 Dominion Energy has recently reported that it is in the process of acquiring and building five solar projects wit...


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Uber Eats to roll out Apple Pay in almost 20 markets worldwide

Transportation network company Uber has apparently made it to the headlines for having declared that it plans to add Apple Pay to its Uber Eats app. Authentic reports claim that now, customers who want to use Apple Pay, can do so with the Touch ID or...


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Israeli researchers unveil 3D printed heart created from patient cells

Apparently, this is a first project where the research community has been successful in engineering and printing an entire heart, complete with blood vessels, ventricles, chambers, and cells. A new medical innovation has made its presence felt in th...


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Microsoft admits hackers gained access to some Outlook.com accounts

The company has addressed the issue, which affected a limited number of consumer accounts, by deactivating affected credentials and blocking offender’s access. U.S. software giant, Microsoft Corp. is reportedly reaching out to some of its use...


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Microsoft, Amazon set to bid for $10B Pentagon cloud computing deal

The selection seemingly pushes IBM Corp and Oracle Corp outside the competition for the Defense Department’s contract The U.S. Department of Defense has reportedly confirmed that Microsoft Corp and Amazon.com Inc have been chosen to compete fo...


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Walmart plans to roll out thousands of new robots in US stores by 2020

Walmart wants store workers to focus on helping their customers instead of unloading boxes in backrooms and mopping up floors Walmart, the world's largest retailer has recently announced that it is planning to add thousands of new robots to its ...


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World Class Extractions to invest $3 million in Alkaline Spring

World Class has rights to refuse the supply of any hemp or cannabis extracts required in the business of Alkaline Spring. World Class Extractions Inc. has reportedly announced that it has signed an agreement to invest up to $3 million in Alberta-bas...


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BMW and PSA confirm the closure of UK plants over Brexit concerns

BMW has shifted up the yearly summertime shutdown at its Mini plant in Oxford to April The shutdowns show the falling car sector in Britain which had been on track for record production Reports confirm that PSA's Vauxhall and BMW's Mini wou...


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NHTSA to investigate fire incidents involving Hyundai, Kia vehicles

Connecticut Attorney General confirms a group of the U.S. states are investigating vehicle fire reports. National Highway Traffic Safety Administration (NHTSA), the leading U.S. auto safety regulator confirmed that it will be investigating 3 million...


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Verizon Digital Media Services unveils novel capabilities at NAB 2019

The new capabilities will include QOS (quality of service), multi-CDN, 4k encoding, and tighter integration with major partners Verizon Digital Media Services (VDMS) would reportedly be launching new platform capabilities, which include QOS (quality...


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IAF commissions four battle-hardened Chinook helicopters in its fleet

The first units of the iconic U.S-made helicopters would be inducted into the IAF 126 Helicopter Flight squadron during an official event in Chandigarh.   The government-to-government deal puts India-U.S. defense collaboration on a stronger ...


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Disney receives final approval for $71Bn 21st Century Fox acquisition

The acquisition met success after it received the antitrust regulators’ final approval. The deal covers the entirety of 21st Century Fox movie studio unit, a 30% stake in Hulu as well as the Fox Television Group. The Walt Disney Company (D...


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Tableau, VoiceBase join forces to expand the use of speech analytics

Tableau customers can now be part of a digital transformation initiative to take the advantages of speech analytics beyond the contact center VoiceBase, one of the leading open architecture solutions for AI-based speech analytics, has recently enter...


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Hyundais digital key to replace physical car keys with mobile app

The technology can be leveraged in case of new age car-sharing and to customize car settings according to user requirement. Hyundai, the leading automaker, has recently launched a ‘Digital Key’ for cars, that can potentially make physica...


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Google is partnering with China, reluctant to work with Pentagon

Chairman of Joint Chiefs of Staff, General Joseph Dunford and the acting Defense Secretary, Patrick Shanahan reportedly informed the lawmakers during a Congressional hearing and expressed concern over increasing Chinese coerciveness with U.S. firms ...


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Amazon concludes Eero acquisition deal, pledges to keep data private

The deal further expands the retail giant’s portfolio of consumer hardware devices.   Amazon intends to keep Eero’s anti-internet activity tracking privacy policy intact. Amazon, Inc. (Amazon), the renowned Seattle-based e-comm...


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Broadcom unveils enterprise support for Zowe by Open Mainframe Project

The comprehensive enterprise support would help Open Mainframe benefit from open source innovation and embrace modern DevOps.   The enterprise-grade support was introduced during the semi-annual SHARE conference. Broadcom Inc. (Broadcom), ...


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Samsung SDS invests in Iguazio to enhance its cloud services portfolio

Iguazio and Samsung SDS have partnered for accelerating and streamlining the delivery of intelligent serverless applications   The platform of Iguazio includes AI tools and data services, empowering real-time applications and end-to-end serv...


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China to pass new foreign investment law in the wake of a trade war

China is said to maintain a highly clear policy with respect to its relationship with the United States. China is reportedly on the verge of passing a novel foreign investment law in a bid to level the playing field for investors worldwide equipped ...


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Gap Inc to split into two companies Old Navy to become independent

The split-up will help Gap to gain a sharpened focus on its business priorities but may also lead to reduction in diversification in the businesses. Gap Inc., the American clothing and accessories company recently announced that it will be dividin...


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ABB- Dassault deal offers unique solutions to digital industry clients

The software partnership will combine the expertise of the 3DEXPERIENCE platform from Dassault Systèmes and ABB Ability™ digital solutions. Technology leader ABB and Dassault Systèmes have made it to the headlines for having inke...


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Rohde & Schwarz ties up with Tutela to combine mobile network solutions

Both the companies have reportedly signed an MoU which would provide Tutela with access to Rohde & Schwarz NQDI database structure and Rohde & Schwarz with access to crowdsourced data of Tutela German technology group Rohde & Schwarz has...


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Ericsson-Telstra tie-up to aid OEMs in IoT connected device management

Beginning 30th March 2019, Telstra’s enterprise customers will be liable to access, track, and manage their IoT devices and other networked assets. Renowned Australia-based service provider Telstra has announced a partnership with Ericsson in ...


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TRHC’s new pharmacotherapy R&D institute to be based in Orlando

The newly established research institute will look forward to forging partnerships with significant pharmaceutical and academic entities in the region. Tabula Rasa HealthCare, Inc., the renowned healthcare technology firm, has made it to the headlin...


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Apple partners with Goldman Sachs to launch iPhone-linked credit card

Both the companies would be able to expand their businesses and move beyond traditional products Technology major Apple Inc. and global investment banking firm Goldman Sachs are reportedly collaborating to offer a new credit card, which would be de...


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DoubleVerify takes over digital video technology provider Zentrick

Middleware of Zentrick eliminates video breakage by over 50% by reducing load times and weeding out multiple forms of latency. New York-based marketing measurement software and analytics provider DoubleVerify has reportedly announced that it has acq...


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