New Zealand scientists seeking to lower global warming from cow burps

While this might come as a surprise to many, the methane gas emitted from cow burps is known to be 25 times more potent to causing global warming compared to carbon dioxide. This has become a serious subject of concern in New Zealand as far....

ADB and Indonesia team up on coal power plant retirement contract

The Asian Development Bank and Indonesia, along with a private power company announced partnering to refinance and retire a coal-fired power plant under a groundbreaking carbon emissions reduction program. According to reliable sources, ....

U.S., EU to discuss AI road map at the trade and technology council

The new roadmap will ensure that AI deployment is in line with free-market principles and shared democratic values The United States and the European Union are reportedly planning to roll out a new AI (artificial intelligence) road map w....

Amazon becomes first public firm to lose $1 trillion in market value

Ecommerce giant Amazon becomes the first public company to lose $1 trillion in market value Recently, its share price closed 4.3% lower at $86.14, taking its market value to $879 billion Well-known E-commerce giant, Amazon has rep....

Musk sold nearly $4B worth of Tesla stock since Twitter acquisition

Elon Musk has reportedly sold out $3.95 billion of Tesla stock since completing the acquisition of well-known social networking firm, Twitter, late last month. Since the Tesla CEO inked a deal to purchase Twitter for $44 billion, Tesla&r....

Crowdworks secures U.S. patent for method for selecting workers

AI (Artificial Intelligence) training data platform firm, Crowdworks, has recently announced that it has successfully received the U.S. patent for method for selecting workers as per the feature of a project based on crowdsourcing. When ....

upGrad introduces UGDX to emphasize offline higher education

Edtech major upGrad plans to invest $30 million to open ten UGDX institutes globally Edtech company upGrad, has recently unveiled its latest brand UGDX, with an investment of $30 million for focusing on offline higher education. Accor....

After Twitter, Meta plans to lay off thousands of employees: Reports

American multinational technology conglomerate, Meta, the parent company of Facebook, is reportedly expected to lay off thousands of employees, stated some credible reports. At present, Meta employs nearly 87,000 employees worldwide; how....

Saudi Arabia & Foxconn form a Joint Venture to enter the EV business

Saudi Arabia’s sovereign wealth fund has reportedly formed a JV (joint venture) with Taiwanese multinational electronics contract manufacturer, Foxconn to build and sell EVs, a move undertaken by the nation to reduce reliance on oil a....

GIC & ESR partner to form a JV to invest in Industrial & Logistics Assets

Insurance company, GIC, and real estate firm, ESR Group Limited have recently entered an 80:20 strategic partnership to develop a USD 600 million JV (Joint Venture) to take over income-producing core industrial and logistics assets in India....