Diversey unveils first open commerce platform in Brazil with RedCloud

Diversey Holdings, Ltd., a leading provider of hygiene and cleaning solutions, has collaborated with tech firm RedCloud to introduce the world's first open commerce platform, Red101 Market. According to sources, the collaboration will ....

Foxconn and Gogoro to co-invest in battery cell project in Indonesia

Foxconn Technology, the chief iPhone assembler of Apple, will join Gogoro, a Taiwanese electric scooter maker, and two local partners to power up an Indonesia-based factory to make electric vehicles (EVs), their parts, and battery cells in ....

Lockheed Martin cancels USD 4.4 billion acquisition deal with Aerojet

U.S. aerospace, and arms manufacturer, Lockheed Martin Corp. has reportedly scrapped its plans to acquire rocket and missile propulsion maker, Aerojet Rocketdyne Holdings Inc. for USD 4.4 billion. The decision comes after the proposal was m....

McDonald’s planning to enter the Metaverse with a virtual restaurant

Iconic fast-food restaurant chain McDonald’s is reportedly planning to enter the Metaverse by filing for  10 trademarks in the virtual space. Founder of Gerben Intellectual Property and trademark attorney, Josh Gerben was quoted....

SSE accelerates Net Zero Acceleration Programme with new carbon goals

SSE plc, UK’s national clean energy and FTSE-100 low-carbon infrastructure company, has recently declared that it will ramp up its renewable energy output and reduce carbon intensity by 80% until 2030 as it boosts its net zero ac....

Livspace acquires unicorn status after KKR-led USD 180 million funding

Livspace, a home interior and renovation platform, has reportedly secured USD 180 million during a Series F funding round that was led by KKR, entering the prestigious unicorn club at a USD 1 billion valuation. The round also saw participa....

Indonesia to enforce stricter COVID-19 curbs as infection rates climb

To control a sudden spike in Coronavirus infections, Indonesia is reportedly planning to impose stricter social restrictions in Bali and Jakarta as well as in some cities on Java Island. The daily COVID-19 cases have surpassed the 40,000 ma....

South Korea and U.K. sign agreement to tackle supply chain issues

South Korea and Britain have announced an agreement to strengthen pandemic damaged supply chains for major products like semiconductors. The agreement is expected to be finalized in London between trade minister Anne-Marie Trevelyan and her....

CoreWeave, EleutherAI, NovelAI push for wider access to open-source AI

GPU accelerated compute solutions provider CoreWeave, in partnership with EleutherAI, a group of researchers working on open-source AI development, recently announced the launch of the largest publicly available language model for AI applic....

Netlify takes over Quirrel to advance serverless platform capabilities

Netlify, a cloud computing company, has recently announced the acquisition of Quirrel, an open-source service provider, to adopt and execute serverless functions. Ever since Quirrel was founded by Simon Knott, the company has not been succ....