Category: Headlines
Balderton launches $400 million fund for European tech startups
  Author: Deeksha Pant

Tech sector in Europe is seen as lagging behind when compared to its Chinese and U.S. counterparts   Interest from American investors i...

Read More >>
Amazon Australia announces partnership with Zip Co. for BNPL service
  Author: Anchal Solanki

  Zip would become Amazon’s first “Australian installment payment option”. Zip shares s...

Read More >>
WeChat Pay & Alipay allow overseas users to use international cards
  Author: Deeksha Pant

On the foundation of the popular digital payment services, China is moving towards a cashless economy. In a bid to offer ease to international users, Chinese mobile payment giants WeChat Pay and Alipay have recently st...

Read More >>
McLaren, Petrobras end £150 million F1-sponsorship deal after 2 years
  Author: Anchal Solanki

Petrobras was to be McLaren’s official commercial and technical partner during this F1 season Brazil’s president Jair Bolsonaro o...

Read More >>
AT&T to pay a $60 million fine for throttling data of its customers
  Author: Anchal Solanki

With growing data usage across the world, several telecom carriers are offering unlimited data plans. However, with growing usage, some service providers are allegedly limiting the bandwidth by further slowing down dat...

Read More >>
nLIGHT adds new CFX-12000 & CFX-5000 fiber lasers to its Corona family
  Author: Deeksha Pant

With rising sales of electric vehicles, and the higher adoption of new technologies by the aerospace and automotive sectors, implementation of fiber lasers is witnessing significant growth recently. Global fiber laser ...

Read More >>
One million car charging points in Germany by 2030, says upbeat Merkel
  Author: Anchal Solanki

Merkel wants to drastically increase the number of electric cars charging stations.   Berlin will explore cars run on hydrogen fuel cel...

Read More >>
Accenture to back Santen Pharmaceutical to build a enterprise platform
  Author: Anchal Solanki

Accenture is one of the leading global professional services company which offers a wide range of solutions and services in consulting, strategy, digital technology and operations. With over 492,000 employees serv...

Read More >>
BASF and NRGene sign research collaboration to expedite crop breeding
  Author: Anchal Solanki

BASF SE, the renowned German chemical firm, and Israel-based Genomics company, NRGene, have reportedly announced a new research collaboration agreement that revolves around the adoption of the cloud-based AI (artificia...

Read More >>
Facebook sues NSO Group over claims that the firm helped hack WhatsApp
  Author: Deeksha Pant

There has been an exponential growth in the number of cyberattacks targeting smartphones to exploit data. In fact, some reports claim, there will be a 50% growth in cyberattacks this year in comparison with last year. ...

Read More >>
AT&T TV Now to increase online streaming service price by 30%
  Author: Deeksha Pant

In March, AT&T had raised prices on its online-TV platform service, DirectTV Now (now known as AT&T TV Now). However, recently the firm announced yet another price hike on its service for customers using its of...

Read More >>
Uber axes 350 jobs across its Eats, self-driving and other divisions
  Author: Deeksha Pant

Various global firms periodically restructure their organization in an effort to prepare the company for success in its coming future and laying off employees that are deemed non-essential is one of the most prominent ...

Read More >>
Sanitation Districts of LA and MWD unveil new water recycling facility
  Author: Anchal Solanki

California has been battling its water problem for a while now. The state has gone through four years of the region’s worst drought in the last decade. Being home to more than 39.75 million residents, the state g...

Read More >>
UK’s competition watchdog fines PayPal over the acquisition of iZettle
  Author: Deeksha Pant

In the United Kingdom, CMA (Competition and Markets Authority) is a unit of the non-ministerial government department (NMGD) that is responsible for strengthening business competition and reducing and preventing anti-c...

Read More >>
Uber obtains a two month extension to its license to operate London
  Author: Deeksha Pant

Ride sharing and ride hailing businesses are presently making significant progress across the world due to its convenience and cost effective nature. However, safety and background of drivers turns out to be a major po...

Read More >>
Volkswagen settles multi-million-dollar Australian dieselgate scandal
  Author: Deeksha Pant

After numerous years of dodging exposure to major scandals, the automobile industry was pushed into the storm of judgment when Volkswagen was found to have been dishonest about their car emission testing. The German car ...

Read More >>
U.S. signals security concerns over Huawei’s 5G network to Gulf allies
  Author: Anchal Solanki

The U.S. have told its allies in Persian Gulf to think wisely before using Huawei’s 5G network services and products over security risk. Alle...

Read More >>
DXC Technology to hire 10,000 people in India with digital tech skills
  Author: Deeksha Pant

DXC Technology has joined other international firms to expand its offshore base in India as the company struggles to hire talent across developed markets like United States.   ...

Read More >>
WeWork to slash its IPO valuation below $25 billion due to weak demand
  Author: Anchal Solanki

WeWork lends workspaces on rent to businesses and start-ups and was founded by CEO Adam Neumann in 2010.   WeWork last raised capital a...

Read More >>
KFC entices public, sells out plant-based chicken in less than 5 hours
  Author: Anchal Solanki

Allied meat substitute producer, Beyond Meat conducted a trial of its plant-based chicken at a restaurant in Atlanta. The fast food chain company w...

Read More >>
U.S. Department of Commerce offers 90 days trade extension to Huawei
  Author: Deeksha Pant

The extension would enable Huawei to maintain existing telecommunications networks and provide software updates to its handsets. U.S. Commerce Secretary W...

Read More >>
Global tech giants are troubled by the 3% rise in French digital tax
  Author: Anchal Solanki

The U.S. Trade Representative (USTR) recently filed a probe into the new tax and termed it unreasonable. Global tech conglomerates, Facebook Inc., Alphabet Inc.&rs...

Read More >>
Sears & Kmart to shut their 26 stores in October following bankruptcy
  Author: Anchal Solanki

Following the closure of thousands of stores, 21 Sears and 5 Kmart stores are reported to shut down soon. Over 380 stores to remain open globally....

Read More >>
Renault & Nissan to consider restructuring for Fiat Chrysler merger
  Author: Deeksha Pant

The car makers are reportedly planning to reframe their partnership to build up new negotiations with Fiat Chrysler. French car-maker Renault SA and the Japanese co...

Read More >>
Pentagon puts USD 10 billion cloud computing contract on hold
  Author: Anchal Solanki

Pentagon’s contract is reportedly paused by President Trump in order to examine Amazon Incorporation’s bid following the reports of complaints from other companies. ...

Read More >>
South Korea to dispatch a naval unit to Strait of Hormuz for security
  Author: Anchal Solanki

The country aims to join US-led Maritime force to guard the oil tankers sailing through Strait of Hormuz by sending a Cheonghae unit. This came in ...

Read More >>
Apple acquires 5G smartphone modem chip unit of Intel for USD 1B
  Author: Anchal Solanki

The deal requires Intel to develop modems for devices other than smartphones California-based leading tech company Apple has reportedly announced the acquisition o...

Read More >>
Hyundai smart EVs to reach Indian showrooms in two to three years
  Author: Deeksha Pant

Hyundai headquarters recently approved the Smart EV project that aims to introduce smart electric vehicles to the Indian market. Products developed...

Read More >>
U.S. judge holds up Qualcomm’s plea to block antitrust ruling
  Author: Anchal Solanki

The U.S. District Judge Lucy Koh has not given a precise reason for disagreeing with Qualcomm’s motion. A U.S. judge has reportedly ruled against the effort o...

Read More >>