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Dutch semiconductor company ASML has reportedly forecast a revenue jump for the year 2023 as the global semiconductor industry anticipates a reacceleration of growth during the second half of this year. ...
Bosch, the German technology company, has reportedly expanded its security footprint in the ridesharing market with the launch of its latest security dashcams. At CES 2023, Las Ve...
Telecommunications service provider, TTBS (Tata Tele Business Services) has reportedly announced that it would help Indian SMBs (small and medium businesses) migrate their workloads to the cloud by providing Microsoft ...
Renowned SaaS solutions provider for travel and hospitality, RateGain Travel Technologies Limited, has recently announced that its Content AI platform has formed a new and enhanced integration with the world's lead...
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 re...
American multinational technology conglomerate, Meta, the parent company of Facebook, is reportedly expected to lay off thousands of employees, stated some credible reports. At pr...
World leading end-to-end intelligent compliance platform, Napier has announced that IQ-EQ, a well-known investor services group, is reportedly updating its screening capabilities to AI-enhanced Client Screening from Na...
Leading automakers worldwide are reportedly planning to spend around $1.2 trillion through 2030 for developing and manufacturing millions of EVs (electric vehicles), along with raw materials and batteries that will sup...
FZ Digital, a novel F&B technology solutions firm, is reportedly introducing its groundbreaking automation and robotics technology to Singapore’s F&B (food and beverage) industry. ...
Semiconductors or electronics undergo a manufacturing process where alcohol is used to remove impurities from their surfaces. The wastewater containing alcohol is then treated with the help of reverse ozone, osmosis, a...
Facebook, now known as Meta, changed its name nearly a year ago to showcase its commitment to the metaverse future, which the social network giant continues to pursue by offering innovative features and virtual reality...
Minister for Information and Communications in Singapore, Josephine Teo has reportedly unveiled the Job Transformation Map (JTM) for the I&C (Information and Communications) workforce at the 5G Learning Festival, f...
Renowned Mexican firm that operates as an online marketplace for used cars, Kavak, has reportedly expanded its footprint to the UAE (United Arab Emirates), Saudi Arabia and Oman. ...
Imagimob, a leader in real-time artificial intelligence technology, has recently announced a partnership with Syntiant Corp, a well-known AI chip company, to deploy its tinyML platform with the latter’s ultra-low...
British/American hydrogen-electric aircraft developer, ZeroAvia has wholly purchased HyPoint, a hydrogen fuel cell system provider, to strengthen its hydrogen-electric product portfolio. ...
NLP Logix, a well-known predictive modeling and machine learning leader, has recently announced that it has entered into a partnership with Databricks, an American enterprise software company, to drive business value b...
Elliptic Labs, a global AI software company, has reportedly entered into a new agreement with Xiaomi, one of the third-largest smartphone manufacturers across the globe. With this...
L&T Technology Services Limited has recently announced that it is teaming up with Qualcomm Technologies, Inc., the world’s leading wireless technology innovator. With th...
Amid the most promising next-generation solar cell technology innovations, Enecoat Technologies, a provider of materials development services in Japan, is reportedly developing perovskite. ...
Machine learning developer platform, TrueFoundry has reportedly secured $2.3 million in a seed funding round. Apparently, the investment round was headed by Sequoia India and the Southeast Asian Surge programme. ...
Brimbank Council's groundbreaking research project based on 5G technology has reportedly achieved a new milestone with the AI (artificial intelligence) development to detect dumped rubbish and damaged road signs....
Vietnam-based consulting company, Base Business Solutions (BaseBS) has recently announced that it has collaborated with Uniphore, a leading automation company. With this collaboration, BaseBs will be able to strengthen...
Chinese multinational automobile manufacturer, Nio has recently stated that the U.S. restrictions on selling Nvidia chips to China will not affect its business in any way. Last we...
According to the country's new strategy for achieving a wider rollout of self-driving vehicles by 2025, manufacturers running self-driving vehicles in the UK would be liable for a vehicle's behavior when in aut...
Singapore-based e-commerce enabler Graas has announced having received funding of USD 40 million in the Series A round. The investment was led by an array of South Asian and Indian investors from private equity, r...
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 cur...
Online food delivery behemoth Swiggy has reportedly established a moonlighting policy that enables its staff to work on external projects, although subject to internal clearance. According to the company...
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 m...
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 ...
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 f...
The world's largest manufacturer of electric vehicles, BYD Auto. Co. Ltd., is reportedly preparing for EV sales in the South Korean market, competing against the likes of Hyundai Motor Group, the nation's large...
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 company is likely to employ these sensors in the Sony-Honda JV electric vehicles. These sensors incorporate image recognition and radar techn...
Even Tesla Inc. and Meta Platforms have announced plans in reducing hiring and investment. Apple's iPhones continue to be among the most sold...
The Reserve Bank of India is reportedly planning to forbid cryptocurrencies from its financial structure due to concerns about the destabilizing effect these virtual assets may have on the nation's economic prosper...
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 acr...
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 n...
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 ...
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. ...
According to the artificial intelligence researchers at Facebook’s parent company, Meta has taken a step forward towards achieving its science-fiction dream of automated universal translation. ...
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. ...
To comply with Apple’s App Store guidelines, popular social media platform Instagram has now added account deletion support to iOS devices. The iPhone maker's store policy notably instructs that all apps that...
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 potentia...
The recall covers 220 units of the electric pickup trucks in Canada and 2,666 units in the US. Ford has refused to accept any more orders and dec...
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 ...
Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. ...
Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. ...
Credible sources have claimed that Facebook Inc., Twitter Inc., and Google LLC have been forced to address deepfakes and fake accounts on their platforms or pay heavy fines as per the updated mandate from the European ...
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...
Co-legislators of the European Union have reportedly reached a provisional agreement on common charging solutions for a total of 15 different device categories including laptops, smartphones, tablets, and other medium ...
eBikeGo, India's largest electric two-wheeler commuting platform, has teamed with Log9 Materials, a Bengaluru-based advanced battery technology start-up, to develop a 10-minute instant technology for the Velocipedo...
E-commerce behemoth Amazon Inc. has reportedly launched a “Smart Commerce” initiative in India, aiming to digitalize 10 million small businesses, allow for USD 10 billion worth in exports, and create 2 mill...
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 ...
GetHenry, a Berlin-based company that offers couriers and logistics organizations electric last-mile delivery bikes, has reportedly raised USD 17.4 million seed round to grow its operations across Europe. The latest in...
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, ...
Italian luxury sports car manufacturer Ferrari S.p.A. will equip its much-awaited Purosangue SUV with a 12-cylinder engine, as it focused more on fuel-efficient models. Confirming the news, Ferrari Chief Executive Bene...
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 shor...
Rolls-Royce has reportedly fabricated a mini nuclear reactor for which it is hoping to get complete authorization from the U.K. by 2024. According to the chairman of Rolls-Royce Small Modular Reactors, Paul Stein, this...
The NYPD has also ordered over 200 Tesla Model 3 vehicles to add to its EV fleet. The city plans to install 10 high-speed EV chargers in LaGuardia...
General Motors-owned self-driving car company Cruise is reportedly expanding its autonomous driving delivery pilot program with Walmart in Arizona. The firm will be now offering limited deliveries for the Chandler cust...
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...
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 t...
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 allege...
American financial service firm Robinhood Markets Inc. has reportedly launched a new debit card on Tuesday that will allow users to invest any spare change as it seeks to grow beyond trading, into other consumer-centri...
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 wa...
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...
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...
Hospitality behemoth Marriott International Inc. has reportedly established a research and development lab called the “Design Lab” to strengthen and optimize the rollout of its current product offerings....
AIMMO, a Korean firm that labels and categorizes image, video, sound, text, and sensor fusion data with software and humans, recently announced that it bagged USD 12 million in a Series A funding round to enhance its A...
Tesla Inc.’s choice to offer games feature on the front center touchscreen has compelled the U.S. auto safety regulators to begin an official safety probe into 580,000 company vehicles deployed since 2017. ...
Gravity, a company that specializes in EV fleets and charging infrastructure, has reportedly brought the popular Ford Mustang Mach-E to join New York City’s iconic yellow taxi fleet. This is the first time Ford&r...
Kurly, a Korea-based online grocery startup has reportedly secured USD 210 million in a pre-IPO round, just six months after its Series F funding. The latest round comprised only a ...
Aurora's autonomous trucks are reportedly transporting items for Uber Freight customers in Texas as a part of their multiphase commercial trial aimed at bringing the two firms closer. ...
Netflix India has reportedly slashed the rates of all four of its subscription plans in India. The move comes amidst growing competition in the OTT space and to increase the user base in a country where a significant c...
BMW has reportedly signed a direct supply assurance agreement with several chip suppliers, including feature-rich semiconductor producer GlobalFoundries, and high-tech chip developer Inova semiconductors. ...
World’s most valuable EdTech company BYJU’S has reportedly acquired Austria-based startup GeoGebra for USD 100 million. GeoGebra offers dynamic, interactive, and collabo...
Multinational automotive giant Stellantis N.V. has reportedly teamed up with iPhone-assembler Foxconn Technology Group to design and sell semiconductors to sustain the needs of the car manufacturer amidst the global ch...
Vinfast intends to secure around USD 3 billion, aiming for a post-IPO valuation of at least USD 60 billion. Vingroup’s automotive arm is now ...
Qualcomm Inc. has recently released a new chip that is designed exclusively for gaming-specific handheld devices that provide 5G connectivity. It will be a potential mobile platform for video gamers with extended versa...
Twitch is reportedly stepping up its efforts to curtail harassment, with a new tool powered by machine learning to identify people who could be trying to avoid bans. It is the company’s most recent addition for d...
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 i...
U.K-based secondhand car auction platform Motorway has reportedly secured USD 190 million in Series C funding round. This has allowed the startup to acquire a unicorn status, with a total valuation of more than USD 1 b...
Spotify is reportedly testing a TikTok-style vertical video feature in its popular music streaming app. The option will allow users to scroll through the vertical music videos as well as either like them or skip ...
Niantic, the creator of the popular Pokémon GO, has reportedly raised USD 300 million from global investment manager Caotue at a valuation of USD 9 billion. The San Francisco-based AR game developer will use the...
Lockheed Martin Australia (LMA) is reportedly partnering with the STEM education provider STEM Punks, to provide the Australian Defense Force with advanced military satellite communication (MILSATCOM) solutions. ...
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....
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 ...
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. ...
Qualcomm recently introduced the Snapdragon Spaces XR Developer Platform, a head-worn augmented reality developer toolkit, that will aid in expanding the scope of existing apps as well as the development of new ones th...
Netflix is reportedly testing its new feature called ‘Kids Clips’ which will play short video clips from existing movies and shows in the kids content library. These videos will be updated automatically as ...
The World Bank’s International Finance Corporation (IFC) has reportedly teamed with South Africa tech company Liquid Intelligent Technologies to enhance data center capacity and lay fiber-optic cable across Afric...
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 financi...
Chinese Human Resources technology startup Moka has reportedly secured USD 100 million in Series C funding round. The recent fundraising was led by Tiger Global and also saw participation from Blue Lake Capital, GL Ven...
Apple’s changes to its privacy policy has cost social media platforms like Snapchat, Twitter, Facebook, and YouTube nearly USD 9.85 billion in revenue, according to a report published by the Financial Times. ...
Facebook recently announced that it is planning to separate its division that is focused on VR/AR hardware into a new segment, coined as the “metaverse”. The recent development comes after concerns over soc...
There have been many businesses that have rebranded themselves to alter their identity with time. Following the league, social networking giant Facebook is also reportedly planning to rebrand the firm with a new name....
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. ...
Apple Inc. is likely to cut down production of its iPhone 13 model by approximately 10 million units on account of the global chip shortage. The American multinational technology company was previously expected to manu...
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...
Israel-based multimodal vehicle sharing services provider GoTo Global Mobility Ltd. has reportedly acquired Germany’s shared e-scooter company emmy. The acquisition will allow GoTo Global to enter the German mark...
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