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Bizongo, a B2B platform for custom-built goods has reportedly raised USD 110 million in its latest Series D funding round. The round was led by NYC-based Tiger Global Management LLC and took the company’s valuati...
The number of shares for sale and the price range for Reddit’s IPO have not been determined yet. Following a funding round in August, ...
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 U.S. FDA has reportedly issued an emergency use authorization of synthetic AstraZeneca antibodies for the prevention of Covid-19 infections in people who have had a severe reaction to vaccines. This is the first ti...
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 simplify...
The emergence of the Omicron variant of coronavirus, which has forced some countries to once again seal off their borders, is being seen as a catalyst to prolonging the pandemic. The accurate detection of the variant i...
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 a...
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. ...
McDonald's Corporation reported increased quarterly comparable sales owing to higher U.S. prices and celebrity-themed meals, however, the business struggled to maintain restaurants running at full capacity due to s...
For a while now, automobile manufacturers have started cutting production owing to the global chip shortage crisis. One such automaker, Renault, which expects to publish its Q3 sales soon, also announced of producing a...
Universal Music Group's stock market debut marked Europe the largest listing this year, with shares surging over a third as investors wager on the potential of music streaming in the long run. ...
The fine is considered to be the ninth-biggest by the regulator to date. It was announced when South Korea’s Telecommunications Business Act,...
South Korean biotechnology firm Samsung Biologics recently revealed the signing of a Memorandum of Understanding (MoU) to join the ‘Frontier 1.5D initiative’ to devise a climate risk management model. The c...
Japan-based SoftBank Group Corp. recently announced a strategic alliance and an equity share swap deal with Deutsche Telekom AG (DT). As part of the partnership, SoftBank's more...
The automaker is planning to use these batteries in its upcoming EVs. BMW had previously signed various battery cell contracts worth USD 14.2 billi...
PoS fintech firm Skeps has recently raised USD 9.5 million in a Series A investment round led by Bertelsmann India Investments. The round also saw the participation of existing investor Accel. ...
India’s leading automaker Maruti Suzuki recently stated that a chip shortage would cause a 60% drop in vehicle production in September. The company had predicted a partial production impact in August, but the cut...
Indian microblogging app Koo recently recorded 10 million users, further narrowing the gap with its American rival Twitter Inc. following the latter’s repeated clashes with the Indian government in the past few m...
The White House will reportedly conduct an event that will call together some of the largest U.S. tech firms for a discussion about cybersecurity issues after a slew of high-profile hacking incidents disrupted the smoo...
Walmart is upping its delivery services by debuting a B2B delivery service in the U.S. for other merchants as they clamber to secure deliveries before the holiday shopping season. &...
The liftoff took place on 21 August at 11:13 BST. The satellites will belong to OneWeb’s 648 low earth orbit (LEO) satellite...
World’s largest hotel chain Marriott International Inc. is reportedly planning to proliferate its portfolio in Turkey by opening additional 10 properties by 2022-end, encompassing 43 properties with over 7,000 ke...
Nissan Motor Co. has reportedly been ordered to pay additional wages to its workers by an Indian arbitrator despite the company’s objections that higher payouts could make its business ‘unviable in the long...
Amidst the somber news of job losses during the COVID-19 pandemic, grocery Chain Aldi announced that it will hire over 20,000 new workers and raise its hourly wage rate in the U.S. as it prepares for the busy holiday s...
Singtel, Singapore's leading telecom operator, recorded an improvement in its performance during the first quarter in comparison to the previous year. Net profit for Q1 2021 was around USD 328 million compared to a...
Hackers who had stolen over USD 600 million in one of the biggest ever cryptocurrency heists have returned nearly half of the funds. The cybercriminals found and exploited a vulnerability in Poly Network, which is dece...
AGCM, Italy's antitrust authority, will investigate the terms and conditions of McDonald's agreements with franchise operators after multiple complaints. AGCM’s action...
Nissan Motor Co. is introducing plans for one more car battery factory stating that the increasing demand for electric vehicles will justify the additional investment. Envision AESC...
Financial firms including BlackRock Real Assets, British insurance company Prudential, and banking institutions HSBC and Citi have reportedly been planning to accelerate the closure of their coal-fired power plants in ...
The Centers for Disease Control and Prevention issued new guidelines suggesting that people who are vaccinated against Covid-19 wear masks in public as well as indoor areas where the rate of the disease is high. The CD...
Apple Inc. recently stated that the global chip shortage that has affected the sales of Macs and iPads, will now hit iPhone production and the expected revenue growth is likely to decelerate. This has resulted in lower...
American electric vehicle maker Rivian Automotive LLC reportedly secured USD 2.5 billion in a funding round led by Amazon.com Inc, T. Rowe Price, D1 Capital Partners, and Ford Motor Co. ...
Swedish luxury automobile manufacturer Volvo Cars Corporation reportedly signed an agreement with Zhejiang Geely Holding Group to buy out from their decade-long joint ventures to gain complete ownership of its faciliti...
Amazon is reportedly planning to discontinue on-site Coronavirus testing for its warehouse employees in the United States. The retail giant confirmed slowing down the testing by 30th July and will only resume after rec...
Ford Motor Company and American sandwich cookie Oreo have teamed up to create special Oreo Thins packages featuring the Ford Maverick pickup truck owner’s manual. The two companies have termed this scheme the &ld...
Coca-Cola India Ltd. is reportedly planning to fade out its flagship ‘Coca-Cola’ brand from sports associations and is looking to pitch other products from its portfolio in the country. ...
The European Union is reportedly looking to forge ahead with climate policy action among the worlds largest greenhouse gas emitters, with a slew of plans to drastically reduce the emission rates by 2030. ...
Taiwanese conglomerate Foxconn Technology Group is reportedly in advanced discussions with Wisconsin Economic Development Corporation (WEDC) to build an electric vehicle plant in order to expand income streams. ...
British sports car company Lotus recently introduced its last petrol car, affirming its goal of becoming all-electric by the end of the decade and a bigger automaker. Lotus and its ...
General Motors recently announced the expansion of its design studio in China to focus mainly on developing electric and connected cars and will drop designing petrol vehicles further. ...
Wall Street banks have reportedly witnessed the busiest week in 17 years with several companies such as Krispy Kreme Inc. and China-based Didi Chuxing Technology Co. managing to raise hefty sums during their initial pu...
Zoom recently announced that it intends to acquire a German startup Kites, that has created a real-time machine translation (MT) platform. Zoom's technical team will be joined by the startup’s team of 12 rese...
Tech giant, Microsoft Corp. has finally made its xCloud service available on PCs as well as on iOS devices such as iPhones, Macs, iPads, and macOS computers. For those unaware, Micr...
Singapore-based crypto borrowing and lending platform Hodlnaut recently revealed its partnership with Fireblocks, a leading enterprise-grade platform that provides safe and secure storage, provisioning, and moving of d...
According to reliable sources, tech giant Google is likely to face a lawsuit for violating antitrust regulations for its mobile app store from a group of U.S. state attorneys general. The potential lawsuit comes after ...
Apart from the Indian government, companies from different verticals have taken measures to not only adapt to the new normal but also to reduce the spread of COVID-19 across the country. One such company, MG Motors Ind...
Facebook will clarify what qualifies as satire during its assessment. The development comes after the Oversight Board overruled Facebook’s d...
Berlin-based startup Uberall has reportedly raised USD 115 million in a funding round led by Bregal Milestone, with participation from United Internet, Level Equity, and Uberall management. Simultaneously, the company ...
Over-the-top content streaming & production giant Netflix Inc. is reportedly working on an untitled series that tells the story of one of the most successful music streaming companies, Spotify Ltd. ...
Byju’s, the largest education technology company, has emerged as India’s highest-valued startup after a USD 340 million funding round involving investors such as UBS Group, Blackstone, and Zoom founder Eric...
Hesai Photonics Technology Co. Ltd., a leading Shanghai-based LiDAR company, has reportedly secured USD 300 million in a Series D funding round which was led by GL Ventures LLC, Xiaomi Corporation, Hillhouse Capital Gr...
CEO Elon Musk justified Model S Plaid as good enough against its successor. The Model S Plaid + was touted to be Tesla’s flagship vehicle, wi...
Ride costs increased by 40% in April amid driver shortage. Hourly driver earnings surged by 85% with some U.S. drivers earning more than USD 40 per...
India’s largest independent e-commerce logistics startup Delhivery has reportedly raised USD 277 million during its new funding round. As per reliable sources, the round was led by Fidelity, an investment firm he...
South Korean automotive giant Hyundai Motor Company will reportedly ship all-new models of fuel-cell trucks to Europe by the fourth quarter of 2021 to test the feasibility of commercial hydrogen-powered transport. ...
Australian financial technology company, Zip Co. Ltd., recently announced that it has agreed to acquire the remaining shares in European BNPL (Buy Now Pay Later) provider Twisto Payments and leading UAE-based BNPL prov...
South Korean automobile manufacturer Kia is reportedly planning to launch an all-electric crossover, the EV6, in the U.S. market by early 2022. The launch will set the ball rolling ...
The Japanese government has reportedly allocated USD 3.4 billion from its green innovation fund to accelerate the research and development of hydrogen and promote its use for the next decade. ...
Global investment company KKR has reportedly entered into a definitive agreement with Indian optical prescription eyewear retail chain Lenskart to invest USD 95 million in the firm’s latest funding round, through...
Walmart-owned Flipkart is reportedly looking to raise at least USD 1 billion at USD 30 billion valuation before going ahead with its IPO plans in the upcoming months. This time, the Indian e-commerce giant is looking t...
Maruti Suzuki India Limited has reportedly extended its maintenance shutdown from May 9th to May 16th amidst rising COVID-19 cases across the country. However, it is difficult to ascertain whether the intention behind ...
Amazon is known for closely managing its staff and contractors, and it also seeks to control the employees of the companies in which it works. Reportedly, the company has updated its policies for Amazon’s deliver...
American investment firm Tiger Global is reportedly looking to create a capital fund for startups by securing USD 10 billion from investors. So far, the company has participated in over 100 investment rounds since the ...
Solid Power Inc., a leading U.S-based producer of solid-state batteries has reportedly secured USD 130 million in the Series B funding round led by renowned car makers namely Ford Motor Company and BMW Group. ...
McAfee LiveSafe will protect Fujitsu consumer PCs against cyber threats and viruses. McAfee Labs had reported that around 648 cyber threats per mi...
Alchemy Insights Inc., a leading blockchain development platform, has reportedly bagged USD 80 million during a Series B funding round which was led by Coatue and Addition, the two New York-based venture capital firms,...
Urban Company, an Indian gig marketplace that provides home maintenance services, has secured USD 190 million in a funding round which was led by Prosus N.V. Other participants in the fundraising included companies suc...
Social media giant Facebook and luxury fashion brand Gucci have reportedly filed a joint lawsuit against an individual who purportedly used multiple social media platforms to sell fake products of the Italian fashion c...
Tahseen is known to offer candidates with relevant training and experience for 12 months. It is the third time the hotel chain has launched this pr...
Deel, a company that specializes in offering recruitment, payroll, and compliance tools, has reportedly secured USD 156 million during a Series C funding round which was led by YC Continuity Fund. The California-based ...
After the recent Facebook data leak, the Indian Computer Emergency Response Team (CERT-In), Indias cybersecurity agency, has released an advisory to Facebook users in the country to help them tighten security around th...
Australia and New Zealand have recently lifted intercountry travel restrictions, removing quarantine and testing requirements during air travel. The travel industry in these two nations is now witnessing a one-sided ai...
Nissan Motor Co., a Japanese multinational automaker, is reportedly planning to launch its ‘must-succeed’ car model while revealing its green-car strategy at the Shanghai auto show in China. ...
The collaboration is aimed at expanding the video streaming portfolio in Spanish-speaking markets. Television Univision has raised USD 1 billion in...
Following the recent cyber-attack in the US, a court in Houston has reportedly authorized a new FBI operation to copy and eliminate backdoors from large number of Microsoft Exchange email servers across the country. Du...
French lawmakers recently came to a unanimous decision to ban domestic flights for distances that can be covered by train in over two-and-a-half- hours. The country aims to impose these restrictions in an effort to red...
Klevu Oy, a leading provider of AI-based search technologies for online retailers, has reportedly launched a comprehensive solution called Discovery Suite that can allow brands to capture shoppers’ intent in orde...
Kavak, a Mexico-based used-car platform, has reportedly reached a valuation of USD 4 billion after securing USD 485 million during a new funding round. This makes it the fastest-growing as well as the most valued compa...
Reportedly, American camera and social media company Snap Inc. is exploring different methods to circumvent Apple’s upcoming privacy regulations which will prohibit apps from collecting iPhone user information....
LinkedIn, the popular employment-oriented online service, has confirmed that it is testing a social audio experience in its app which could offer users with better connectivity in their networks. ...
Jeep, the American multinational automobile manufacturer, is reportedly planning to develop EV charging networks near or at off-road routes across several locations in the U.S, in a bid to look beyond conventional road...
WhatsApp Messenger, the Facebook-owned messaging platform, is reportedly under investigation from CCI (Competition Commission of India) for its new service terms and privacy policy, which have allegedly resulted in ant...
Major airline and travel organizations in the United States have reportedly urged the government to devise a strategy to recommence international travel this summer, considering that the COVID-19 vaccine rollout and su...
Canadian Pacific Railway Ltd. has reportedly agreed to buy Kansas City Southern for USD 25 billion, to establish a 20,000-mile rail network across the United States, Canada, Mexico, in hopes of benefitting from an uptr...
Vancouver-headquartered biotechnology organization, SaNOtize Research & Development Corp has announced the results of its Phase 2 trials of Nitric Oxide Nasal Spray, abbreviated as NONS, for the treatment of patien...
Tata Sons, the principal investment holding company and promoter of Indian multinational conglomerate Tata Group, has reportedly agreed to acquire a major stake in India’s largest online grocer BigBasket, for mor...
Beyond Meat, Inc., a pioneer in plant-based meat, recently announced the expansion of its product offerings at Walmart. Sources close to the matter stated that this move is a part of a broader initiative to make plant-...
Reportedly, a contentious Arizona bill addressing the fees that tech firms such as Google and Apple charge application developers is posing fresh antitrust issues for the beleaguered tech giants. ...
Nestle India Ltd. is reportedly exploring their options of trying their hands at direct selling since consumers are largely turning towards the internet to purchase products ranging from staples to medicines amidst the...
Indian startup Razorpay is reportedly in discussions with Singapore-based sovereign wealth fund GIC Pvt. Ltd. and other existing investors to raise around USD 200 million in a funding round that would allow the fintech...
The Competition Commission of India (CCI) has reportedly begun an investigation to inspect if the renowned online payment system Google Pay has misused its dominance in the digital marketplace in the country. ...
AirTags will allow iPhone users to locate their lost belongings. iPadPro will boast a mini LED display as well as a 5G networking technology....
The Dutch brewing company, Heineken N.V., has recently revealed its plans to cut around 8000 jobs in an attempt to restore its operating margins after it witnessed a sharp decline in its profit trajectory amid the COVI...
A global leader in healthcare communications, Spok Holdings Inc., has reportedly announced the international expansion of Spok Go, its cloud-native communication platform, with availability in Australia. ...
India’s fastest growing contract manufacturing platform Zetwerk has reportedly raised USD 120 million in a Series D funding round which was led by US-based Lightspeed Venture Partners and Greenoaks Capital. ...
The first high-altitude test flight of SpaceX's Starship rocket, which blew up in the previous month while trying to land, has reportedly breached the terms of its test license granted from the Federal Aviation Adm...
The recent inflation in raw materials has reportedly prompted players in the FMCG sector to take price hike measures for their products, in a bid to maintain the revenues. According...
Reportedly, India intends to grant emergency use authorization (EUA) to Oxford/AstraZeneca’s coronavirus vaccine by next week, following submission of some additional data to the concerned authorities by a few lo...
Tencent Music Entertainment Group (TME), a renowned Chinese music streaming services provider, has reportedly teamed up with the Royal Norwegian Embassy in Beijing to introduce an innovative, classic, and cross-border ...
German luxury vehicles manufacturer Mercedes-Benz is reportedly planning to start production of six all electric EQ vehicles by the year 2022. The recent development comes after the German automaker revealed its Ambiti...
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