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

Fibonacci Brands acquires Darwin from Harvest Health & Recreation

Fibonacci Brands has recently announced the acquisition of Darwin from Harvest Health & Recreation (HARV.CN) as its foundation brand. Fibonacci is a leading player in the international cannabis industry. According to James George, founder of Fib...


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GVN adds EVIT Center and Chumakov as its new Centers of Excellence

The Global Virus Network (GVN), an international coalition of medical virologists, has recently announced the addition of Australian and Russian researchers. GVN is adding the Center for EVIT (Emerging Viruses, Inflammation & Therapeutics) of th...


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Wind Point Partners takes over RTIC to expand business portfolio

American private equity firm, Wind Point Partners has recently signed an acquisition deal with the one of the biggest direct-to-consumer (D2C) eCommerce providers of drinkware, RTIC. Reportedly, RTIC is Wind Point’s third acquisition of a famil...


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Novartis reveals positive data from Phase III ORION trials of inclisiran

Swiss multinational pharmaceutical firm, Novartis has recently announced results from its Phase III ORION-10 and -11 studies that focus on assessing the individual responses of patients on lowering low-density lipoprotein cholesterol (LDL-C) with inc...


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Medtronic to acquire Companion Medical to expand diabetes business

Medtronic plc, the global leader in medical technologies, has reportedly announced that it is planning to acquire insulin pen manufacturer Companion Medical. The acquisition gives Medtronic access to Companion Medical’s ‘InPen’, wh...


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RADCOM introduces automated assurance solution for 5G technology

5G technology has been in the headlines for quite a while. Next-generation technology has the potential to transform almost every sector across the world. However, as 5G becomes reality, it has become imperative for service providers to prevent degra...


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Sprout to expand wellness solutions lineup by acquiring Vivametrica

Sprout, a Canadian company that focuses on delivering innovative solutions for workplace wellbeing, has recently announced the acquisition of predictive health data analytics firm, Vivametrica. According to reliable sources, Sprout plans to enhance t...


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Uber halts decision to shift APAC headquarters from Singapore

Uber Technologies Inc., the American ride-hailing giant, has reportedly halted the company’s decision to relocate its Asia Pacific headquarters from Singapore to Hong Kong until December 2022. Sources cite that the company’s decision was...


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PCI Pharma extends global clinical supply-chain services in Europe

U.S. based biopharmaceutical and pharma outsourcing services company, PCI Pharma services has reportedly announced that it reached a noteworthy milestone through the development of COE (Clinical Center of Excellence) in Berlin. According to credible...


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Dassault to use Proxem’s AI solution to advance 3DEXPERIENCE platform

French software company, Dassault Systèmes has recently revealed plans to enhance its 3DEXPERIENCE platform’s collaborative data science abilities, allowing customers to take advantage of their data patrimony by taking part in new v...


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EvoNexus partners with Qualcomm to deploy 5G Incubator program

California-based technology startup incubator, EvoNexus has recently partnered with Qualcomm to launch its 5G incubator program. Reportedly, Qualcomm would function as a sponsor of this initiative to assist budding startups to build their 5G wireless...


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University of California launches unified COVID-19 research data center

The University of California Health has reportedly launched a secure and centralized database known as UC CORDS in a bid to accelerate COVID-19 research. Sources with the relevant information stated that researchers will gain access to around 460 mi...


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Web.com Group to take over digital services provider Webcentral

Web technology major Web.com Group has reportedly announced that it has signed an agreement for the acquisition of Webcentral Group, a leading digital services provider for small and medium enterprises in Australia. The deal is an extension of the co...


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Abcam & Cancer Research UK join forces to accelerate cancer research

Cancer Research UK, one of the world's biggest independent funder of cancer research, has recently joined forces with Abcam plc, a leading developer of life science tools and reagents, to commercialize and develop novel custom antibodie...


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Kerbal Space Program unveils new ESA missions simulation update

Kerbal Space Program, a space flight simulator video game, has launches its new Shared Horizons update across the European frontier. Reportedly, this new update would allow players to recreate ESA (European Space Agency) missions to Mercury and to a ...


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Google acquires Canadian augmented reality wearables firm North

In a recent turn of events, a Canada based augmented reality (AR) wearables company North, has reportedly been acquired by Google for an undisclosed valuation. Based on the reports from Globe and Mail, the deal accounted for USD 180 million. For tho...


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Librestream raises $24M through CBGF-led Series-D funding round

Winnipeg based augmented worker enterprise solutions provider, Librestream, has reportedly raised an amount of $24 million through a Series-D funding round led by Canadian Business Growth Fund (CBGF). The company will use the procured funds to boost ...


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John Lewis to soon unveil its biomethane gas filling station

UK-based retail giant, John Lewis Partnership has recently announced construction of its dedicated biomethane gas filling station in an effort to curb carbon emission. This move is deemed to be a part of the its vision to become carbon neutral across...


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Samsung semiconductor plants receive ULs environment certification

Since many years now, Samsung Electronics Co. Ltd., one of the largest semiconductor manufacturers in the world, has been taking proactive steps to reduce its carbon footprint. Recently, the electronics giant has received the Zero Waste to Landfill c...


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RapidAI acquires EndoVantage to expand scope to cerebral aneurysm

RapidAI, an advanced stroke imaging leader, has recently announced the acquisition of a medical stimulation technology developer, EndoVantage. The deal will enable RapidAI to expand its scope from ischemic stroke, hemorrhagic stroke to cerebral aneur...


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XP Inc. acquires majority stake in Fliper to enhance user experience

Traditional banks are continually facing a difficult time in meeting the level of experience that todays customers expect. In a bid to offer a cutting-edge experience to users, XP Inc., the Brazilian investment management firm, has reportedly acquire...


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Canadian investment company Brookfield to acquire Indian Emami Power

Brookfield Asset Management, a renowned Canadian investment company, has signed an agreement to purchase Emami Power, Emami Group’s solar power business. Emami Group, a renowned Indian diversified conglomerate based in Kolkata, has reportedly c...


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Moovaz acquires The Finder from Singapore Press Holdings (SPH)

Singapore-based relocation services startup, Moovaz has successfully acquired the country’s longest-running publication for expats, The Finder, from Singapore Press Holdings (SPH). According to the agreement, SPH, which prints The Business Time...


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Sirius Computer buys Advanced Systems Group to expand western presence

Sirius Computer Solutions, Inc. which is a prominent national IT solutions integrator, has recently announced it has bought Advanced Systems Group, based in Denver. The purchase had been closed on May 31 and will help Sirius majorly expand its footpr...


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SK Telecom launches TEAC applications to support 5G startups

SK Telecom, a South Korean telecommunications firm, has recently launched TEAC (TIP Ecosystem Acceleration Center) program applications to produce new and advanced growth drivers with the help of next-gen 5G edge services to aid businesses as they co...


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SpaceX halts 1st astronaut launch due to stormy weather in Florida

SpaceX, an American aerospace and space transportation services provider, has reportedly halted its 1st U.S. astronaut launch into orbit from Florida in 9 years. This landmark moment for the company and NASA has recently been hindered by the stormy w...


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UV Angel ties up with Smile One Services, launches new dental products

UV Angel, a company renowned in the field of pathogen control technology, has recently announced that it has partnered with Smile One Services, which is dental service organization (DSO)  based in Michigan. Reportedly, the partnership has been i...


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LinkedIn Audience Network prefers IAS to offer native ad brand safety

Integral Ad Science (IAS), a renowned leader in digital ad verification, has recently announced its agreement with the LinkedIn Audience Network to offer brand safety to native ads on mobile, web, in-app and desktop. The integration tends to utilize ...


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SaalexIT acquires Oregon-based Arctic MSP for an undisclosed amount

SaalexIT, a full-service IT company and a market-leading MSSP (Managed Security Service Provider), has reportedly announced its acquisition of Oregon-based Arctic MSP. It is to be noted that the financial terms are yet to be released. The acquisitio...


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Virgin Orbit prepares for its first launch mission into the orbit

Virgin Orbit had recently announced that its LauncherOne air-launched vehicle shall be marking its first flight in the coming days. The company has, however, set modest expectations regarding the probability of success. The company has commented tha...


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Cognosante inks acquisition of EIS to expand Federal market offerings

Cognosante, a business process and technology solutions provider, has reportedly announced the acquisition of Vienna-based Enterprise Information Services, LLC. The acquisition of EIS will serve as a growth strategy of the company for expanding its o...


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Acorn Health acquires ABA therapy provider Behavior Basics LLC

Acorn Health, a nation-wide provider of Applied Behavior Analysis, which is a therapy for children diagnosed with autism, has recently announced that it has acquired Behavior Basics, LLC, a known provider of center-based, in-home and high-quality ABA...


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VMware announces official acquisition of Kubernetes startup Octarine

  VMware has announced its intention to purchase Kubernetes security startup Octarine. The CEO of VMware, Patrick Morley expressed this as a step in the right direction for the company to become a major security provider.   The liste...


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Telia Norway confirms launch of 5G network with RAN partner Ericsson

Telia Norway ‘s 5G network has recently launched and over the span of 2020, where parts of Groruddalen and Lillestrøm within the greater Oslo region are the first areas that will be leveraging the improved mobile internet services. The c...


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Cognism raises $12M in investment round led by AXA Venture Partners

Cognism, a renowned integrated, globally compliant prospecting solution, has reportedly announced that it has secured $12 million through a new investment round led by AXA Venture Partners. This new investment adds up to the company’s previous...


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Zoom acquires secure file-sharing and messaging platform Keybase

Zoom Video Communications, a renowned video conferencing platform, and Keybase, a cryptography platform offering end-to-end communications for companies and people, together announced Zoom’s acquisition of Keybase, a secure file-sharing and mes...


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QLGG secures $1.1M funds & acquires Accuscore to expand BetQL

QL Gaming Group, a sports data and iGaming affiliate platform, has recently obtained an additional funding of $1.1 million. Additionally, the company also has closed the acquisition of Accuscore, a Finnish sports simulation company. This funding and...


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Tetra acquires Gaussian to offer outcome-based solutions to customers

Tetra Pak has reportedly announced the acquisition of Gaussian, a South Africa-based asset management company, to deliver enhanced outcome-based solutions to customers. These solutions will offer measurable and quantifiable value to its customers, ge...


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Kaufman Hall buys Change Healthcare’s Connected Analytics business

Kaufman, Hall & Associates, Inc., the American company delivering financial and performance consulting services, has reportedly acquired Change Healthcare’s performance manager, analytics explorer, and other data solutions, collectively nam...


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AbCellera receives $175.6 mn from Canada for coronavirus research

Healthcare companies are racing against time to develop a vaccine for COVID-19 which has killed thousands of people across the world. Given the dire situation, healthcare companies are seeking financial support from governments and philanthropists fo...


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Vimana to offer 1K tons of medical equipment amidst COVID-19 outbreak

Global coronavirus outbreak has not only urged various companies to balance the unbalanced proportion of supply and demand of medical equipment, but it has also prompted various transportation services to lay their attention towards shipment of loads...


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Pacton enters option agreements to acquire mineral claims in Red Lake

Pacton Gold Inc. has recently announced the signing of option agreements to secure additional mineral claims located in the Red Lake, Ontario. Red Lake West, the 1st new property, is contiguous to the existing land package of Pacton, close to its on...


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Raymond secures Oak Trust Company to boost service delivery in Canada

Raymond James Ltd., an investment bank & financial services company, has recently announced the acquisition of a London-based federally chartered trust company, Oak Trust Company. The new division in Canada will be known as Raymond James Trust af...


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Mediahuis acquires Luxembourg-based media company Saint-Paul group

The acquisition is likely to accelerate its digital transformation as well as help develop new products and services. With active operations in Belgium, Ireland and the Netherlands, renowned media company Mediahuis NV is about to enter the Luxembour...


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NEC inks deal to supply Earth observation satellite to Vietnam

NEC Corporation, a Japanese multinational electronics and information technology company, has reportedly inked a deal with Sumitomo Corporation to manufacture and launch the "LOTUSat-1" Earth observation satellite for the Vietnamese governm...


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Cannabis sativa extracts demonstrate potential to in COVID-19 treatment

The University of Lethbridge, with Swysh, a company focused on cannabinoid R&D and Pathway Rx, a research company focused on developing custom cannabis therapies, are partnering to unravel a specific Cannabis sativa extract that shows potential a...


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Novartis buys Amblyotech to develop digital therapy for amblyopia

Novartis has recently made an announcement confirming that it has concluded its acquisition of Amblyotech, which is a software startup based in the U.S. Novartis will collaborate with McGill University and Ubisoft to be able to continue with the deve...


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Grain Management declares completion of Hunter Communications buyout

The transaction is likely to support Oregon communities during the ongoing COVID-19 pandemic. Financial terms of the deal have not been disclosed yet. One of the leading investment firms focused on the global communications sector, Grain Managem...


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Insurance tech firm Sprout.ai secures $2.5m in additional seed funding

Sprouts.ai, which is an insurtech incubated in the Imperial College of London and is applying artificial intelligence to insurance claims, has reportedly raised $2.5 million in new seed funding. Amadeus Capital Partners is leading the funding round, ...


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Fujifilm to accelerate the manufacturing of Avigan to treat COVID-19

Fujifilm, a renowned Japanese pharmaceutical company, has reportedly announced plans to boost the production of Avigan, an antiviral drug said to be a possible therapy for coronavirus. Avigan is primarily used to treat Influenza. The company is aimi...


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ShapeShift buys Israel-based Portis to aid crypto-trading experience

ShapeShift, an American company facilitating global trading of digital assets through web and mobile platforms, has reportedly announced the acquisition of Israel-based software wallet company, Portis. Portis has become one of the leading wallet sol...


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ThermoGenesis reveals intellectual property acquisition by ImmuneCyte

ThermoGenesis Holdings, Inc. has recently announced the acquisition of intellectual property by ImmuneCyte Life Sciences, its joint venture. The acquisition has been made by ThermoGenesis, a market leader and pioneer in the development & commerci...


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Gibraltar introduces laws to reduce market manipulation in DLT sector

Gibraltar, one of the few crypto-friendly territories, has reportedly introduced new regulations to curb cryptocurrency market manipulation which is allegedly being carried out by blockchain and crypto companies. Albert Isola, Minister for digital a...


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Digital Realty powers on 3rd data center with power capacity of 50 MW

Digital Realty, a real estate investment trust, has recently powered on its 3rd data center, Digital Loyang II (SIN12), in Singapore. Through the new 50-MW SIN12 facility, the company will mark a crucial extension of its global roadmap for the deploy...


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CNN-Canopy enter asset deal to accelerate development of NewsCo

CNN International, an international pay television channel, has recently entered an asset acquisition agreement with Canopy and hired its development team of experts. The asset acquisition was strategically made by CNN to accelerate the development ...


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DeHaat raises $12 million; supports more farmers across Indian states

One of the agritech startups in India, DeHaat, has reportedly raised significant funding of USD 12 million to support the farmers across Indian states, considering their current plight. Along with lending support to the farmers nationwide, the compan...


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Nine Malaysian hospitals to work with WHO for drug trials on COVID-19

With the growing COVID-19 crisis, various initiatives are being taken worldwide where numerous organizations of various scale and are contributing as much as they can towards the efforts. The WHO, the biggest global authority responsible for internat...


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Mitsubishi Electric Europe acquires Sweden based AQS PRODUKTER

Mitsubishi Electric Corporation, a renowned air conditioning manufacturer, reportedly announced that the company’s European subsidiary, Mitsubishi Electric Europe, has purchased AQS PRODUKTER AB, a cooling as well as heat pump distributor based...


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Orbit Fab bags NSF grant to test satellite refueling systems

Orbit Fab, a San Francisco-based startup focusing on building refueling stations in orbit, has reportedly bagged a grant from the National Science Foundation (NSF) backed program dubbed, America’s Seed Fund. Reportedly, with this $250,000 gran...


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AT&T wins $2.4bn bid for 5G spectrum license at the FCC Auction 103

Stakeholders and consumers may access 5G on unlimited wireless plans of AT&T.   There was a 102 percent surge in spectrum strength as they propelled 39 GHz spectrum to 786 MHz. AT&T has won the bid for 5G spectrum licenses amountin...


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Alaskans to use tax credits to aid energy efficiency & air quality

Local government authorities in Alaska have reportedly approved a bill that allows the creation and utilization of property tax credit to enhance air quality and energy efficiency. Sources cite that the Senate has accepted the bill with a 17-1 vote a...


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Liteye gets $3M production order as part of US Defense Industrial Base

Liteye Systems, a renowned leader in CUAS (Counter Unmanned Aerial Systems), has reportedly announced the receipt of an additional specialty production order for approximately $3 million. The contract would further make sure delivery of hardware for ...


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Turning Point Brands offers free sanitizer bottles to combat COVID-19

From offering medical aids to donating funds, many companies worldwide have come forward to help governments and people to fight the spread of the novel coronavirus. Recently, Turning Point Brands, one of the leading tobacco product manufacturers in ...


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Isracann enters JV agreement to develop cannabis production in Israel

Isracann Biosciences Inc. has recently entered a joint venture agreement for phased partnership of 2 near-term farm operations at the Sharon Plain region in Israel. This JV agreement will provide significant revenue generating opportunities to the Is...


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Russia to track people at risk of COVID-19 through their geolocation

Mikhail Mishustin, the Russian Prime Minister, recently gave the regional authorities 5 days for developing a system that can track citizens by using mobile phone geolocation data. The move is aimed at tracking people who have come into contact with ...


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Govt. of India launches WhatsApp chatbot to answer COVID-19 queries

The Indian Government has finally decided to put its foot down on fake WhatsApp news as its Ministry of Health plans to collaborate with WhatsApp to launch a helpline number for offering COVID-19 related information. The helpline’s main focus w...


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Keysight, VIOMI partner to introduce 5G IoT home solutions in China

In a bid to accelerate the launch of 5G supported IoT devices for consumers in China, California headquartered electronics company- Keysight Technologies Inc. has reportedly announced a partnership with Chinese firm- VIOMI, a leader in IOT enabled sm...


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Fox Corp. acquires free-streaming platform Tubi for $440 Million

American media company, Fox Corp. has recently inked an acquisition deal with free streaming service, Tubi for $440 million. The funding was mainly supported by Fox’s sale of its 5% share in Roku. With the addition of Tubi, Fox would have the o...


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Internet providers agree not to terminate service over next 2 months

Verizon Communications Inc, AT&T Inc, & Comcast Corp, are among the major U.S. wireless service providers that have reportedly agreed not to cancel services amid coronavirus concerns. These companies will not be terminating subscription for t...


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Pomelo opts for AI-based Partnerize partnership automation solution

Pomelo will be leveraging Partnerize platform to monitor its revenue partnerships in Southeast Asian trading regions The selection is part of a broader strategy to incorporate innovative techs and optimize workflows Partnerize, a leading provide...


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Affinity acquires Nudge.ai to advance relationship intelligence product

Affinity, a noted relationship intelligence platform, has recently announced the acquisition of revenue intelligence platform, Nudge.ai. The acquisition was strategically made to accelerate new relationship intelligence products of Affinity that are ...


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Accenture assists CAG to establish digital factory to drive innovation

Changi Airport Group, which operates the world’s 7th busiest airport for international traffic, has recently tapped Accenture to build and operate a ‘digital factory’. The move of establishing this digital factory was essentially ma...


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BritBox hits one million subscribers while maintaining low-churn rates

BritBox, the digital video subscription platform from ITV and BBC Studios, recently announced that it has touched one million subscribers. Reportedly, the digital streaming network, which currently owns the largest lineup of British television, conti...


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OMNIQ Corp. buys parking management IP and assets from Eyepax USA

  The acquisition will help OMNIQ become a prime contractor offering a superior and innovative approach in the Parking industry OMNIQ Corp. has recently announced that it has acquired the intellectual property (IP) along with few other asse...


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U.S. Steel secures remainder of POSCAL’s 50% ownership interest in UPI

United States Steel Corporation has recently announced the closure of its acquisition of POSCO-California Corporation’s (POSCAL) 50% partnership interest in USS-POSCO Industries (UPI). U.S. Steel, which is an American integrated steel producer,...


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Danone acquires Harrogate Water to diversify its product portfolio

French food and drink company, Danone S.A. has recently made a strategic acquisition through its United Kingdom affiliate by acquiring majority shares in Harrogate Water, a UK-based bottled water company. Harrogate is best known for its charitable wa...


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Flexco introduces real-time monitoring Belt Conveyor Intelligence

Flexco Elevate, a leading smart belt conveyor solution provider recently rolled out its Belt Conveyor Intelligence™, an innovative real-time monitoring system. leveraging the power of predictive analytics  so cement, aggregate, and mi...


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Facebook buys ‘Asgard’s Wrath’ VR game developer Sanzaru Games

The Sanzaru studio will continue to operate its offices in Canada and the U.S   Facebook has invested over billions of dollars for its VR projects Social media giant, Facebook, has recently announced that it bought the “Asgard&rsquo...


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Toyo Corporation launches AI centric cybersecurity technology

SYNESIS AURORA facilitates intelligent transfer of data, captures network traffic ensure complete network efficiency Toyo Corporation will reveal SYNESIS AURORA at RSA 2020 held from February 24 to 28 in San Francisco. Japanese test and measurem...


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Open security group launch a new language to connect security tools

The Open Cybersecurity Alliance (OCA), a group of suppliers dedicated to connecting fragmented cybersecurity space with open source practices and codes, has reportedly announced the availability of Open DXL (Data Exchange Layer) Ontology, a new open-...


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TÜV Rheinland launches automatic parking system services

TÜV Rheinland Hong Kong, a global leader in independent inspection services, has reportedly rolled out an automatic parking system service, covering all facets of the construction, design as well as operation stages. It offers one-stop solutions...


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Embracer Group purchases Saber Interactive in a $525 million deal

Embracer Group, a renowned video game holding company and owner of THQ Nordic, has reportedly purchased Saber Interactive, a US games developer, in a deal worth $525 million. Embracer Group had agreed to pay $150 million in both cash as well as stoc...


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CDK announces launch of new Repair Order API on Fortellis platform

CDK Global Inc. has recently announced the launch of the CDK Drive Repair Order API (application programming interface) on Fortellis Automotive Commerce Exchange™ platform. In order to enable dealers to securely open and edit service repair or...


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US expands lawsuit against Huawei with charges of theft & racketeering

The United States Department of Justice has recently expanded its lawsuit against Huawei, a Chinese multinational tech company. The new charges against the company alleged activities carried out by Huawei such as violating partnership terms with U.S....


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ALX Oncology raises $105 million in Series C financing for CD47 trials

ALX Oncology, a clinical-stage biotechnology company, has secured $105 million in a Series C funding round, led by Vivo Capital. The new investors, who participated in the funding round include Janus Henderson, Logos Capital, Foresite Capit...


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VELO3D-Honeywell unite to qualify Sapphire system for aircraft parts

VELO3D, a metal Additive Manufacturing (AM) solutions provider, has recently announced its partnership with Honeywell Aerospace, an aircraft engines and avionics manufacturer. The partnership was formed to qualify VELO3D’s Sapphire 3D printing ...


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DOE & Hyundai unite for transportation technology support & assessment

Seoul based automaker has expanded its partnership with the US Department of Energy to support exploration of hydrogen and fuel cell technologies for the future transport. Under the partnership, Hyundai is likely to offer five Hyundai NEXO fuel c...


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Huawei files a lawsuit against U.S. telco Verizon over patent rights

Huawei has alleged Verizon of infringing a wide range of the former’s services The Chinese firm accused Verizon of infringing 238 patents the previous year Chinese multinational giant, Huawei has reportedly sued Verizon, the U.S. telecom c...


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Mitsubishi Electric develops new technology for inflight connectivity

Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, has reportedly announced that it, in collaboration with NICT (national Institute of Information and Communications Technology) of Ja...


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Koch acquires remaining shares in software maker Infor for $13 billion

Koch Industries, Inc., announced buying out outstanding equity in Infor, held by Golden Gate Capital. The transaction has valued Infor at almost $11 billion, or around $13 billion, including preferred stakes. Before the deal, Koch owned around 70% of...


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Accenture acquires Mudano to drive analytics, data & AI capabilities

Renowned global multinational professional services company, Accenture has recently announced its latest acquisition of Mudano, a U.K.-based data consultancy firm. The acquisition was strategically formed to enhance Accenture’s existing capabil...


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Broadcom & Apple ordered to pay $1.1Bn for patent infringement

After a years-long battle, Apple and Broadcom have been reportedly ordered to pay combined USD 1.1 billion in a patent infringement case to the California Institute of Technology (Caltech). Credible reports cite that Apple was ordered to pay $837.8 m...


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Jumio, CIMB Bank PH to offer digital onboarding solution to Filipinos

Jumio, one of the leading providers of AI-based end-to-end authentication and verification solutions, has reportedly partnered with Thailand-based commercial bank, CIMB Bank PH to provide seamless, convenient, and hassle-free digital onboarding solut...


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BorgWarner plans to acquire Delphi Technologies for USD 3.3 billion

The auto-parts giant intends to gain edge in electric cars leadership with the strategic buyout BorgWarner, a leading US-based automotive industry components and parts supplier plans to acquire Delphi Technologies for USD 3.3 billion in an...


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Pecan.ai to automate machine learning with its $11Mn Series A funding

Pecan.ai has emerged as a prominent firm in the AI landscape, with its innovative analytic platform aiding businesses. Headquartered in Tel Aviv, Israel, the startup intends to build comprehensive machine learning (ML) models for business analysts. ...


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Firmenich reveals joint investment in reusable packaging company LOOP

Firmenich SA, one of the leading perfume and taste companies in the world, has reportedly announced joint participation with Quadia in reusable packaging pioneer LOOP's Series A equity round. Announced at ACI’s (American Cleaning Institute)...


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Huawei to install new 5G base stations to tackle spreading Coronavirus

Huawei, the renowned Chinese telecommunications equipment and consumer electronics seller, reportedly announced that it would install new 5G base stations in Wuhan city to help tackle the breakout of Coronavirus. The company has already begun work to...


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British officials advise limited role to Huawei in U.K. 5G network

British officials have formally granted Huawei a limited role in the future 5G network of the U.K., dismissing the U.S. calls to completely ban Huawei. The U.S. had earlier accused the company of spying on behalf of the Chinese government.  Off...


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Boom and Flight Research to bring XB-1 test flights to Mojave Corridor

Boom Supersonic, a Colorado based startup that is designing the fastest supersonic airliner in history, has reportedly announced a new strategic partnership deal with Flight Research, Inc., a leading provider of training, services and support activit...


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DTM™ spinal cord stimulation shows superior back pain relief in RCT

Medtronic plc, a Dublin-based medical technology, services, and solutions company, has reportedly announced three-month results from a large, multicenter RCT (randomized controlled trial) demonstrating statistically meaningful (p=0.0009) and improved...


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