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

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

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

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

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

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

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

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

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

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

Amazon to halt its restaurant food delivery business from June 24

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

Cvent acquires San Francisco-based mobile event app maker DoubleDutch

Cvent, the Virginia-based events and hospitality management technology firm, has reportedly announced to have acquired DoubleDutch, a San Francisco-headquartered mobile based event app maker. As per trusted sources, DoubleDutch has raised ....

Salesforce to buy data visualization company Tableau for $15.7 billion

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

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

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

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

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