About Author : Nikita Chaurasia


Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse roles while penning down trending pieces. Presently, she develops content for aeresearch.net and a few other platforms.



Contribution by: Nikita Chaurasia

Tesla to procure nickel from Indonesia through a USD 5 billion deal

Tesla Inc. has reportedly made contracts worth USD 5 billion with Indonesian nickel manufacturing companies to buy materials for its batteries. For a while now, Indonesia has been trying to get Tesla to invest in setting up a sturdy manufacturing fac...


Read More >>
Amazon Inc. to acquire robotic vacuum maker iRobot for USD 1.7 billion

Credible sources have recently cited that Amazon Inc. is steadily gearing up to acquire iRobot Corporation for USD 61 per share in an all-cash deal that would close the deal at a valuation of USD 1.7 billion as per current estimates. This deal fol...


Read More >>
Robinhood shares surge 13% despite eliminating 23% of its employees

Robinhood Markets, Inc. the trading app that popularized one-click transactions, is reportedly laying off nearly 23% of its employees. The company’s CEO Vlad Tenev claimed that the downsizing would affect staff members throughout the company, p...


Read More >>
Bank of England looking into continuously rising inflation in the U.K.

The Bank of England has reportedly stated that it will take aggressive measures, if necessary, to prevent the inflation issue from becoming a prolonged challenge. Sources claimed that the central bank might bring an unusual hike of a half-percenta...


Read More >>
Indonesia bans multiple online services for missing regulatory deadline

The Indonesian government has reportedly banned access to a series of digital platforms, including PayPal Holdings Inc., Steam, Epic Games Inc., and Yahoo Inc., for failing to comply with the country's new mandate regarding content review policie...


Read More >>
Spotify reports 19% increase in monthly active users since last quarter

Music streaming major Spotify's monthly active users (MAU) has reached 433 million while the number of premium customers rose to 188 million in the second quarter. This compared to the 182 million and 422 million figures the Swedish tech giant an...


Read More >>
Logitech chief positive over company’s growth despite quarterly loss

Logitech International’s chief in command, Bracken Darrell reportedly still believes that the Swiss American company will be able to recoup the losses it suffered due to a decline in sales over the past few months. It is worth noting that th...


Read More >>
Harley Davidson's production snag could jeopardize its profit outlook

Harley-Davidson Inc.'s two-week manufacturing outage, which began on May 19 and elevated the motorcycle maker's order backlog, has reportedly led to the company reevaluating its profit outlook for this year. As it plans to report its quarterl...


Read More >>
Samsung planning to launch new foldable phones in August this year

According to recent tech reports, Samsung Electronics Co. Ltd is slated to unveil its range of new foldable phones via an online event that will be held on its official website on August 10. The event titled ‘Unfold Your World,’ will f...


Read More >>
Apple to slow down spending & hiring over possible economic slump

Even Tesla Inc. and Meta Platforms have announced plans in reducing hiring and investment. Apple's iPhones continue to be among the most sold smartphones worldwide, with the company retaining a 17% market share. Apple Inc. is reportedly...


Read More >>
Telecommunications behemoth SKT to launch air taxi service by 2025

South Korea’s leading telecom company SK Telecom has announced plans to launch an air taxi service by the year 2025, describing Urban Air Mobility (UAM) as a game changer for upcoming advancements in mobility across the globe. During a press...


Read More >>
Fintech start-up OneCard becomes unicorn post USD 100 Mn fresh funding

Pune-based fintech firm FPL Technologies, a credit card provider that operates under the brand name OneCard, has reportedly raised USD 100 million in a Series D funding round. With the latest fundraising, the firm is now valued at USD 1.4 billion and...


Read More >>
Hyundai Motor Company to build its first South Korean EV factory

Hyundai Motor Company has recently released a statement claiming that it would soon direct its efforts toward building South Korea’s first electric vehicle (EV) factory, marking its first automobile plant in the country in three decades. Int...


Read More >>
Qualcomm, Ericsson, Thales to test 5G networking strength in space

Reliable sources claimed that French multinational aerospace giant Thales Group, Ericsson, and Qualcomm Inc., have joined forces to develop a satellite driven 5G network to improve terrestrial connectivity. The main motive of this innovation is to...


Read More >>
WeWork India rectifies glitch that revealed visitors’ personal data

WeWork Inc., a flexible workspace solutions company, has reportedly corrected a security flaw that gave unrestrained access to the personal details and selfies of several users who visited its coworking spaces. Sandeep Hodkasia, a security consult...


Read More >>
China’s Great Wall Motor suspends USD 1 Bn investment plan in India

After failing to get regulatory permits, China's Great Wall Motor has reportedly abandoned its plans to invest USD 1 billion in India and has fired all employees from its Indian facilities. The Chinese automaker had planned to penetrate the India...


Read More >>
Walmart to double down on frictionless optical care with Memomi buyout

Walmart Inc. is reportedly planning to acquire the augmented reality optical tech firm Memomi, reflecting the retailer’s commitment to offering frictionless and omnichannel optical care. The buyout could potentially allow Walmart to offer a fun...


Read More >>
Google faces antitrust lawsuit from Danish job search entity Jobindex

Google LLC was reportedly hit with an antitrust case by Jobindex, a Danish online job-search rival, that took its grievance to European regulators asserting that Alphabet Inc.’s subsidiary is unjustly favoring its job-search engine. The comp...


Read More >>
EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict

The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase long-term sustainable food produc...


Read More >>
Ericsson predicts 5G mobile subscriptions to surpass 1 billion in 2022

Swedish telecom and networking giant Telefonaktiebolaget LM Ericsson has reportedly predicted that by 2022 there will be over 1 billion 5G mobile subscriptions worldwide, primarily ascribed to the mounting adoption of the technology by North America ...


Read More >>
Germany to increase gas storage levels to prepare for upcoming winters

Germany has revealed new measures to increase gas storage levels ahead of the upcoming winter when it anticipates that Russia may restrict or even stop the whole supply. The country, which depends on Moscow for most of its gas supply, is attempting t...


Read More >>
Adidas takes Nike Inc. to court over shoe and app patent infringement

German apparel giant Adidas AG has reportedly filed a complaint against its American rival Nike Inc., alleging that the sportswear giant infringed on nine of its patents in terms of customizable shoe technology and smartphone apps. The complaint i...


Read More >>
DHL expects supply chain to not recuperate to Pre-Covid levels in 2023

According to the statement issued by DHL’s freight forwarding unit, the gap between demand from shippers and new container vessels is steadily getting bridged, which will eventually enable port congestion to ease next year. However, this develo...


Read More >>
U.K. likely to probe Apple and Google over mobile browser dominance

Regulators in the United Kingdom are reportedly planning to investigate Apple Inc. and Google LLC for their impactful duopoly on mobile operating systems, questioning them about their market supremacy in the mobile browser space. Furthermore, the ...


Read More >>
South Korea’s LG Uplus to unveil conversational AI voice bot this year

In a bid to explore more commercial uses of artificial intelligence, South Korean telecommunication operator LG Uplus Corporation is reportedly planning to introduce a conversational AI voice bot for mom-and-pop stores as well as a customized recomme...


Read More >>
Exxon, Shell, Total, & Conoco to help expand Qatar’s mega LNG project

Qatar has reportedly chosen Exxon Mobil Corp., Shell plc, TotalEnergies SE, and ConocoPhillips as partner organizations in the development and expansion of the world's largest LNG (liquefied natural gas) project. By 2027, the North Field project ...


Read More >>
Coca-Cola India looking to attain 100% recyclability in bottles & cans

As part of its 'World Without Waste' campaign, the Coca-Cola Company announced that its India unit intends to achieve 100% recovery as well as recycling of post-consumer used products, that includes cans and bottles in the next 2-3 years. ...


Read More >>
Retailing giant Walmart working with several suppliers to lower prices

Various suppliers are reportedly working along with Walmart to reduce the overall prices. According to some senior Walmart executives, these suppliers are responding to the retailer’s efforts despite facing high inflation and surging labor as w...


Read More >>
Fashion industry falls short of environmental targets set up by the UN

Around 30 of the world's largest fashion companies are reportedly lagging in terms of the United Nations' environmental targets set for sustainable fashion clothing. Although some fashion houses are steadily improving their climate credential...


Read More >>
SEC calls on Elon Musk over his late stake disclosure in Twitter Inc.

The Securities and Exchange Commission (SEC) is reportedly investigating Tesla CEO Elon Musk's buyout of social media platform Twitter. The agency is probing a paperwork mix-up that shows Musk filing for the required documents in early April, whi...


Read More >>
Russia inches closer to debt default as U.S. pushes for license expire

The United States is reportedly pushing Russia closer to a consequential debt default by refusing to extend its license to allow bondholders to pay, as Washington looks to increase pressure following Moscow’s invasion of Ukraine. The U.S. Treas...


Read More >>
Zomato net loss triples to USD 46 million despite 75% jump in revenues

Indian food delivery giant Zomato Limited has reported a net loss worth USD 46 million in Q4 of FY2021-22 despite witnessing a 75% growth in revenue to USD 156 million as opposed to USD 89 million it earlier recorded during the fourth quarter of the ...


Read More >>
Facebook-owner Meta to share more data on political advertisements

Facebook-parent Meta Platforms Inc has recently announced that it would provide additional data from its public ad database regarding the targeting decisions made by publishers running social and political-issue advertising. As a part of the expan...


Read More >>
Massachusetts finds first 2022 monkeypox case in the United States

The Massachusetts Department of Public Health has recently reported the first case of a rare infection called monkeypox in a man who recently visited Canada. According to Boston’s public department, the identified case is no threat to the pu...


Read More >>
Russia denies plans of blocking YouTube & cutting off from the internet

The Digital Development Minister of Russia has reportedly stated that the country is not planning to block Google’s video streaming platform YouTube as such a move would affect its users and will therefore be avoided.  It is worth notin...


Read More >>
Indian food delivery giant Swiggy to buy Dineout from Times Internet

Swiggy, an Indian food delivery giant, has recently announced an agreement with Times Internet to buy Dineout, a dining and restaurant technology platform. Swiggy will use the acquisition to enter the dining out (non-delivery) market, where it will c...


Read More >>
Grocery delivery platform Instacart files for U.S. stock market debut

Instacart, a grocery delivery service, has announced that it has submitted a provisional registration statement with the Securities and Exchange Commission (SEC), clearing the way for the company to list its shares on the U.S. stock exchange. The ...


Read More >>
Tyson Foods improves annual sales outlook as meat prices surge in U.S.

American food major Tyson Foods Inc. has reportedly improved its full-year sales outlook after witnessing better-than-expected earnings and revenue in the last quarter. The company raised its full-year sales to around USD 54 billion, above the averag...


Read More >>
EU likely to enforce new rules to regulate tech giants in spring 2023

The Executive Vice President of the European Commission Margrethe Vestager reportedly claimed that the union is likely to start enforcing the Digital Markets Act (DMA) in the spring of 2023. The antitrust legislation, which aims to limit the power of...


Read More >>
India teams up with Japan to develop affordable EV charging standard

India and Japan are reportedly working on a joint initiative to develop a standard for electric vehicle charging in emerging markets. The duo will use Japan’s protocols to make easier-to-install and operate EV charging stations. The CHAdeMO ...


Read More >>
MakeMyTrip reports 150% surge in super-luxury, premium hotel bookings

Indian online travel company MakeMyTrip recently revealed that its bookings for premium and super luxury hotels have increased by a whopping 150% during the pandemic. The company claimed that more Indians are now traveling to these super-luxury and p...


Read More >>
Mercedes-Benz announces price hike to offset costs amidst high demand

Mercedes-Benz Group AG is reportedly expecting high demand for luxury cars to offset transport and raw material costs with elevated prices as well as estimating a pick-up in deliveries once the semiconductor chips shortage eases. Harald Wilhelm, C...


Read More >>
Bank of Canada will continue to prioritize Canadian dollar over crypto

The Bank of Canada has announced that the Canadian dollar will continue to be at the center of the financial system instead of cryptocurrency. The revelation comes as a response to the opposition Conservative party’s candidates' claims that...


Read More >>
Norway’s wealth fund to support Bayer’s top management but not its CEO

Bayer AG, a German pharmaceutical company, is likely to receive public backing from Norway's wealth fund, which is worth USD 1.3 trillion. However, the sovereign wealth fund will not support CEO Werner Baumann's financial compensation. Cre...


Read More >>
The Philippines could have 21GW wind power capacity by 2040: World Bank

World Bank has revealed that the Philippines is estimated to have the bandwidth to install 21 GigaWatt (GW) of offshore wind turbines by 2040, which will be tantamount to nearly a fifth of the country's supply of electricity at the time. As per ...


Read More >>
China faces a spike in COVID-19 cases despite lockdown in various cities

China is reportedly observing a massive surge in COVID-19 cases with around 3,297 confirmed incidents even though strict lockdowns were issued in several parts of the country. The crisis arose because of locally transmitted cases, most notably in Sha...


Read More >>
UPI to continue defining the future of payment transactions: PwC India

According to a recent study by PwC India, UPI (Unified Payments Interface), the real-time payment system is likely to dominate the digital payments space in the future over newer methods such as BNPL (Buy Now Pay Later), CBDC (Central Bank Digital Cu...


Read More >>
Honda to roll out 30 EV models by 2030 for its electrification push

Honda Motor Co. has announced that it will launch 30 electric car models by 2030, with a production volume of over 2 million vehicles annually. Over the next ten years, the Japanese automaker will invest USD 40 billion in its electrification drive, ...


Read More >>
Meta to cease sharing of private residential info of public accounts

Facebook’s parent company Meta has announced to have accepted Oversight Board’s recommendations on restricting users to share another user’s residential address if the account is “publicly available”. The move comes a ye...


Read More >>
Japanese battery startup 3DOM to use Geely’s products for its EV fleet

3DOM Inc., a Japanese battery start-up, has announced the launch of its B2B fleet service with the help of electric vehicles that would be supplied by China's Geely Holding Group, further helping companies reduce their carbon footprint. For thos...


Read More >>
Russia looks to China for assistance with domestic microchip bank cards

Russia is reportedly seeking out Chinese microchip manufacturers to bypass the sanctions imposed by Western countries, which has caused an uptick in demand for bank cards linked to Mir payment systems. For the unaware, Mir payment systems are paymen...


Read More >>
Russia might suspend ISS cooperation until Western sanctions are lifted

As Russia continues to struggle with the storm of Western sanctions following Ukraine’s invasion, Moscow has now threatened to end cooperation on the International Space Station (ISS), a retaliatory move until the bans are lifted from the count...


Read More >>
LinkedIn changes global policy over outrage on affirmative job posting

Professional networking site LinkedIn has reportedly altered its global policy for job publications after officials in Brazil pointed out that a job posting for black and indigenous professionals had been eliminated from the platform.  Sources ...


Read More >>
Tobacco makers’ stock slips over Walmart’s plan to remove cigarettes

Walmart Inc. is reportedly ending sales of tobacco in some stores which in turn has severely impacted shares of Philip Morris and Altria Group Inc., the latter known for selling Marlboro cigarettes in the U.S. The multinational retail company has cla...


Read More >>
Apple to cut AirPods, iPhone output over looming inflation, low demand

Apple Inc. is reportedly planning to reduce the production of its iPhone and AirPods gadgets amid the Ukraine conflict and booming inflation, which have begun to weigh on consumer electronics demand. Due to lower-than-expected demand, Apple seeks to...


Read More >>
Sinopec seeks to make a record USD 31.1 Bn capital investment in 2022

China Petroleum & Chemical Corp, also known as Sinopec, is reportedly looking to make its largest capital investment ever, this year after recording its highest profit in a decade, echoing Beijing's call for energy companies to boost producti...


Read More >>
Google testing its Play Store’s billing options starting with Spotify

Google has announced that it will allow Spotify, a Swedish audio streaming and media services provider, to use its billing method in its Android app, in a new trial program that seeks to alleviate concerns about alleged anti-competitive strategies an...


Read More >>
WHO claims every country failed to meet air quality benchmarks in 2021

According to a survey conducted in nearly 6,500 worldwide cities, no country managed to meet the World Health Organization's (WHO) air quality standard in the year 2021. Even after experiencing a sharp drop in pollution levels due to lockdowns du...


Read More >>
Chevron union workers sacked from California unit before labor strike

Chevron Corp. has reportedly relieved union workers from its oil refinery located near San Francisco just hours before a deadline to start the first labor strike in over 40 years. Over 500 members of United Steelworkers were kicked out from the gasol...


Read More >>
Australia to access Big Tech companies’ internal data on misinformation

The Australian media regulator (ACMA) will reportedly gain authority to force internet firms to hand over internal data about how they manage instances of disinformation and misinformation. This is one of the newest measures by the government to clam...


Read More >>
Google Domains is now available in 26 countries after 7 years in beta

Google has announced that Google Domain is no longer in development and will no longer bear the beta label seven years after its launch. In contrast to the lightning-fast rollouts of its other products, this service was given traditional multi-beta t...


Read More >>
Fresh animal protein e-com platform Licious bags USD 150 Mn in funding

Licious, a Bengaluru-based start-up that offers fresh seafood, meat, and other fresh animal protein online, has reportedly raised USD 150 million from a group of late-stage investors in what seems to be a prelude to the start-up’s IPO (initial ...


Read More >>
SoftBank sells USD 1 billion stake in e-commerce startup Coupang

SoftBank Group Corp.'s Vision Fund has reportedly sold a stake worth USD 1 billion in South Korean e-commerce company Coupang, after a drop in the value of the investment firm's holdings. Softbank has sold 50 million Coupang shares for USD 2...


Read More >>
Ford to sell Explorers without chips as semiconductor crisis continues

Ford Motor Company is reportedly planning to sell some of its Explorer SUVs without the chips that are customarily used for power rear heating and air conditioning controls. The automaker will dispatch the absent chips to dealers after a year of cust...


Read More >>
Automovill planning to establish 500 EV charging stations across India

According to reliable sources, Automovill Technologies Pvt. Ltd. is reportedly planning to establish more than 500 electric vehicle charging stations across 11 cities in India, which will meet the requirements of Level 1 charging facilities of Bharat...


Read More >>
U.S., Europe edge towards Russian oil import ban over Ukraine crisis

According to US Secretary of State Antony Blinken, the U.S, and its European allies have considered banning Russian oil imports given the ongoing Ukraine invasion, while the White House is in discussion with Congressional committees about their ban. ...


Read More >>
Aston Martin and Britishvolt to produce high-performance EV batteries

Aston Martin has reportedly collaborated with Britishvolt to develop next-generation batteries designed specifically for high-performance vehicles. As per the Memorandum of Understanding (MoU), the duo plans to reach new levels of repeatable on-track...


Read More >>
Sony, Disney, and Warner Bros pull film releases over Ukraine invasion

As Russian aggressions continue in Ukraine, bans, and sanctions are increasingly being placed in the country. The latest to do so are all big-time entertainment and media conglomerates, halting all theatrical releases in the country. Disney on Monda...


Read More >>
US banks prepare for cyber-attacks as sanctions against Russia tighten

U.S. banks are reportedly on high alert following the escalation of sanctions against Russia by several Western nations. As tensions between Russia and the West shoot up, the latter has moved to block a few Russian banks from the international payme...


Read More >>
Lockheed, Microsoft collaborate to expedite 5G.MIL tech deployment

Lockheed Martin and Microsoft Corporation have reportedly collaborated to advance 5G.MIL® solutions to accelerate the development of reliable connections for US Department of Defence equipment spanning the air, land, sea, space, and cyber domains...


Read More >>
Facebook limits access of Russian media-related accounts in Ukraine

In the wake of the Russia-Ukraine crisis which threatens to consume the world, tech giants like Facebook are immediately taking action to alleviate the rising tension. The company has reportedly blocked access to several accounts in Ukraine, includin...


Read More >>
Google drops COVID-19 vaccine requirements for employees in the U.S.

Google LLC has announced that its U.S.-based employees are no longer required to be vaccinated against the Coronavirus. Back in December, Google had planned to wait till 2022 to decide upon whether to resume office work. The search engine giant has ...


Read More >>
Amazon and Reliance vying over Indian Premier League’s telecast rights

Amazon's rivalry with India’s Reliance Industries has now extended to the cricket field, where the two companies are reportedly vying for telecast rights to the Indian Premier League (IPL), which has hundreds of millions of avid fans. Reli...


Read More >>
Disney to build residential communities in the U.S. with local themes

Walt Disney Co. is reportedly planning to collaborate with property developers to construct residential communities in the United States, capitalizing on fans' love for the brand outside its theme parks and entertainment industries. The developm...


Read More >>
India’s IPO boom delayed after high-profile startups tanked on listing

Despite 2021 being a record year for new IPOs in India, most of the tech startups are pushing for a delay in their stock market debut. This comes as some high-profile companies tanked during their respective public listing. Highest-profile startups ...


Read More >>
Vedanta and Foxconn team up to expand India’s chip-making capabilities

Mining giant Vedanta Ltd. has reportedly signed a joint venture agreement with Taiwan’s Foxconn Technology Group to manufacture semiconductors in India. The latest collaboration is a first in response to the Indian government’s focus to e...


Read More >>
Crown Resorts accepts Blackstone’s takeover offer of USD 6.3 billion

Major Australian entertainment group Crown Resorts Ltd has reportedly agreed to a buyout deal of USD 6.3 billion from private equity group Blackstone Inc which already held about 10% of the former. This deal paves the exit of the company’s lar...


Read More >>
Walt Disney Co.’s shares surge as OTT service and theme parks see boom

The Walt Disney Company's shares reportedly elevated by 8% on February 9th, driven by an uptick in subscriber base in its streaming service Disney+ and solid participation at its U.S. theme parks, which further aided in its quarterly profits. Di...


Read More >>
Truecaller to come preinstalled on some Android phones in key markets

Truecaller intends to cover 100 million new smartphones in the next two years. The call identification app has over 220 million active users in India alone.   Truecaller has reportedly teamed up with some leading Android phone makers to h...


Read More >>
EU labels nuclear power & gas as sustainable despite internal protests

The European Commission has reportedly stirred controversy over the role of nuclear energy & gas in the clean energy transition after it proposed new regulations on what can be labeled a ‘green investment.’ Following one year of heat...


Read More >>
Edtech startup Scaler bags USD 55 Mn in Lightrock led-Series B funding

Scaler Academy, an Indian educational platform that upskills working professionals, has reportedly raised USD 55 million in a Series B funding round which was led by Lightrock India and others. The Bengaluru-based startup is now valued at USD 710 mil...


Read More >>
India’s Gennova Biopharmaceutical working on Omicron-specific vaccine

Gennova's potential mRNA vaccine is currently undergoing Phase II and Phase III trials. If approved for a EUA, it would be India’s first mRNA COVID-19 vaccine. Gennova Biopharmaceutical, a subsidiary of Pune-based drugmaker Emcure, is...


Read More >>
Recykal secures USD 22 Mn in a fundraise led by Morgan Stanley India

Recykal, a B2B waste management and recycling marketplace head-quartered in Hyderabad, has reportedly raised USD 22 million in funding from Morgan Stanley India. According to the company, existing investors including Circulate Capital, Arun Venkatac...


Read More >>
Reliance buys controlling stake in NYC hotel in its hospitality push

Reliance Industries Ltd. is reportedly planning to acquire a controlling stake in New York's five-star Mandarin Oriental Hotel for around USD 100 million. The company stated in a stock exchange filing that its industrial investments subsidiary, ...


Read More >>
India inoculates 3.8 million teens over fears of third COVID-19 wave

India has reportedly vaccinated over 3.8 million teens aged between 15-18 years as of 3rd January in an effort to boost its inoculation drive to protect the large young population before the onslaught of a possible third wave of coronavirus infection...


Read More >>
Apple on track to become the world’s first USD 3 trillion company

Tech giant Apple Inc. has once again become the world’s most valuable company as it is just a hair's breadth away from a market capitalization of USD 3 trillion. On Monday, the iPhone maker’s shares slid a little over 2% to USD 175.7...


Read More >>
Samsung Electronics to unify its mobile, consumer electronics units

Samsung Electronics announced it will merge its mobile and consumer electronics divisions businesses. The South Korean multinational electronics corporation has also elected co-CEOs this year, with the goal of simplifying the organization and focusin...


Read More >>
Samsung to supply new auto chips for Volkswagen’s infotainment system

South Korean electronics major Samsung Electronics Co. Ltd. will supply advanced auto chips to Volkswagen AG. The new chips will be integrated in the German automotive giant’s upcoming infotainment system which is currently being developed by S...


Read More >>
Canada limits 5G around airports over aircraft interference concerns

Much to the surprise of the telecom industry, the Department of Innovation, Science, and Economic Development (ISED) of Canada has reportedly decided to limit some 5G services that could possibly interfere with radio altimeters, which are crucial com...


Read More >>
U.S. planning to invest billions to expand COVID-19 vaccine production

The United States is reportedly planning to make substantial investments to improve its COVID-19 vaccine manufacturing capacity. The country intends to produce at least a billion doses by the second half of 2022. This decision is driven by the huge ...


Read More >>
Peloton sues rival firms iFit and Echelon for patent infringement

U.S.-based exercise equipment and media company Peloton Interactive Inc. has reportedly filed lawsuits against its rivals Echelon Fitness and iFit, claiming that they violated patents related to its on-demand classes. Peloton stated that Echelon and...


Read More >>
Apple’s digital ID card plan could be funded through states, taxpayers

Apple is reportedly working on allowing users in participating states to digitally store their state IDs  or driver’s licenses on their iPhone wallet. However, the multibillion-dollar company will partially rely on the respective states &m...


Read More >>
South Korea demonstrates systems for urban air mobility management

South Korea has reportedly tested methods for operating urban air mobility (UAM) vehicles, which it aims to use for taxis that will fly between downtown Seoul and major airports as early as 2025. In 2020, South Korea had announced its plan to launch...


Read More >>
Over 43 million investors’ data exposed in CVL security breach: Report

CDSL Ventures Ltd. (CVL), a subsidiary of India’s leading Demat services provider Central Depository Services Limited (CDSL), greatly suffered from a vulnerability in its systems that exposed personal and financial information of about 43 milli...


Read More >>
Goldman Sachs offering an innovative way for investors to bet on SPACs

Goldman Sachs Group Inc. has reportedly introduced a new offering for investors to place their bets on SPACs in an attempt to capitalize on the growing deal-making trend. Sources mentioned that the new product is organized as a two-year bond that wi...


Read More >>
BMW Group to opt for green steel in vehicle production from 2025

As climatic changes and other environmental issues take center stage, the BMW Group, to minimize carbon dioxide (CO2) emissions at the core of its supply chain, has reportedly agreed to use green steel from Swedish firm H2 Green Steel beginning in 20...


Read More >>
Apple unveils 16-inch MacBook Pro with high-performance M1 processors

Tech giant Apple, Inc. has recently unveiled the 16-inch MacBook Pro, which promises extraordinary design and performance. The model can be customized with the all-new M1 Pro and M1 Max processors.    These new 10-core processors are ...


Read More >>
Kedrion Biopharma expands to North America with Prometic acquisition

Prometic Life Sciences has developed the first FDA-approved treatment for Congenital Plasminogen Deficiency. This acquisition will enable easy access to advanced therapies for patients suffering from this rare disease. Kedrion Biopharma Inc. has...


Read More >>
Facebook Pages to reduce focus on Likes and followers for Indian users

Facebook Inc. has reportedly removed Likes from Facebook Pages for its Indian users to make the platform more user-friendly and easier to understand. This redesign of Facebook Pages was launched in January 2021 and has been rolled out for Indian user...


Read More >>
Merchant commerce platform Pine Labs eyeing USD 1 Bn Nasdaq listing

India is likely to witness a record number of IPOs this year, with several companies eyeing public listing to raise funds if the market sentiment remains positive. One such company, Pine Labs is reportedly planning to list itself on Nasdaq by October...


Read More >>