Google and Tencent sign patent-licensing agreement to share patents

Google and Tencent sign patent-licensing agreement to share patents

Published: 24 hours agoAuthor: Dhananjay Punekar

Continuing its efforts to rebuild its presence in China, Alphabet Inc.’s Google has signed a patent- licensing agreement with the nation’s largest corporation, Tencent Holdings Limited for sharing copyrights of various products & tech....

Aetna to pay USD 17 million to customers over HIV privacy disclosure

Aetna to pay USD 17 million to customers over HIV privacy disclosure

Date: 2018-01-18Author: Dhananjay Punekar

In a key event witnessed across the health insurance sector, Aetna Inc., a U.S. based healthcare insurance firm, has decided to pay USD 17.2 million as a part of settlement for class-action litigation filed by its customers over mailing, which they c....

PEMEX chose Mitsui as its partner to complete Tula plant construction

PEMEX chose Mitsui as its partner to complete Tula plant construction

Date: 2018-01-18Author: Dhananjay Punekar

Petroleos Mexicanos, a petroleum company owned by the government of Mexico, has chosen Mitsui, a Japanese firm, as its partner for carrying out the coking plant operations of one of its biggest refinery in Mexico. A key official of PEMEX has stated t....

Lego-Tencent deal to develop safe online games for Chinese children

Lego-Tencent deal to develop safe online games for Chinese children

Date: 2018-01-16Author: Dhananjay Punekar

The Lego Group, a renowned toy manufacturer based in Denmark, has formed a strategic alliance with Tencent Holdings Limited, one of big shots across the mobile gaming & video streaming sector, to jointly manufacture brand online video games for c....

China to launch debut crude oil futures contract by March 2018

China to launch debut crude oil futures contract by March 2018

Date: 2018-01-15Author: Dhananjay Punekar

In a major breakthrough witnessed across the crude oil sector, reports have claimed that China is expected to enter its first crude oil futures deal after 23rd February 2018. It has been anticipated that the agreement will be launched only after rece....

Telstra advances its IoT portfolio with the launch of Narrowband

Telstra advances its IoT portfolio with the launch of Narrowband

Date: 2018-01-12Author: Sunil Hebbalkar

Australian telecommunication and media company, Telstra has developed a new IoT assisted technology, titled Narrowband, which is likely to help a large number of devices share data with less power. In fact, it has developed this technology mainly for....

Malaysia’s PNB to purchase Battersea Power Station for £1.6 billion

Malaysia’s PNB to purchase Battersea Power Station for £1.6 billion

Published: 21 hours agoAuthor: Dhananjay Punekar

Malaysia’s foremost sovereign wealth investment firm, Permodalan Nasional Berhad (PNB) along with Employee Provident Fund (EPF) organization of the country are reportedly set to buy out Battersea Power Station for £1.6 billion. Reliable s....

Rolls-Royce plans to sell its loss-making commercial marine business

Rolls-Royce plans to sell its loss-making commercial marine business

Date: 2018-01-18Author: Dhananjay Punekar

The globally reputed automotive giant, Rolls-Royce has reportedly declared that it plans to sell its commercial marine business unit, which the firm claims to have been affected severely due to its lower demand across offshore oil & gas sectors. ....

Nestle to sell its confectionery business in the U.S. to Ferrero

Nestle to sell its confectionery business in the U.S. to Ferrero

Date: 2018-01-17Author: Dhananjay Punekar

Ferrero SpA, one of the world’s biggest chocolate manufacturing and confectionery firm, is planning to buy Nestle’s U.S. confectionery business for USD 2.8 billion. With the former already having signed two successful agreements in the re....

Ford to expend USD 11 bn for electrifying its entire product range

Ford to expend USD 11 bn for electrifying its entire product range

Date: 2018-01-15Author: Dhananjay Punekar

The Ford Motor Company, a U.S. based automotive giant, is anticipated to invest USD 11 billion in the electric vehicle sector by 2022. As per reports, the estimated figure is bigger than its previously declared capital investment of nearly USD 4.5 bi....

MOL to expand its One2Pay online mobile payment business by 2018

MOL to expand its One2Pay online mobile payment business by 2018

Date: 2018-01-11Author: Dhananjay Punekar

MOL AccessPortal Sdn. Bhd., which creates and operates an online micropayment system, enabling users to purchase products & services digitally, is planning to increase the scope of its mobile wallet application One2Pay, to nearly 6000 acceptance ....

Infiniti declares electrification of all its car models by 2025

Infiniti declares electrification of all its car models by 2025

Date: 2018-01-18Author: Dhananjay Punekar

Infiniti, a luxury vehicle segment of automotive manufacturer Nissan, has declared its willingness to electrify its car models, with the exception of few large SUVs, by 2021. As per information derived from authentic sources, Nissan’s luxury br....

Sun Pharmaceuticals settles drug patent litigation with pharma giants

Sun Pharmaceuticals settles drug patent litigation with pharma giants

Date: 2018-01-17Author: Dhananjay Punekar

Sun Pharmaceuticals Industries Limited, a key player across the pharmaceuticals industry, has reportedly entered into a pact with Pharma giants Allergan Plc & Ironwood Pharmaceuticals Inc. for resolving the patent dispute over the Linzess drug in....

GAC joins hands with Fiat to gain foothold in U.S. automotive market

GAC joins hands with Fiat to gain foothold in U.S. automotive market

Date: 2018-01-16Author: Dhananjay Punekar

GAC Group, a key vehicle manufacturer based in China, has reportedly decided to sell its vehicles in the U.S. by next year, by means of signing an alliance with Fiat Chrysler, an automobile manufacturer based in the United Kingdom. Some of GAC’....

UNSW signs a landmark energy deal to become 100% solar powered

UNSW signs a landmark energy deal to become 100% solar powered

Date: 2018-01-15Author: Ojaswita Kutepatil

Australia’s UNSW (University of New South Wales), reportedly, has signed a contract with a solar company - Maoneng Australia and an energy supplier - Origin Energy to provide the campus with 100% solar energy. This unprecedented tripartite sola....

Archtech Solar constructs 10MW solar power plant in Saudi Arabia

Archtech Solar constructs 10MW solar power plant in Saudi Arabia

Date: 2018-01-12Author: Paroma Bhattacharya

One of the world’s leading solar tracking and racking systems manufacturer and solutions provider, Archtech Solar has formally commenced the construction of a solar power plant in Khafji, Saudi Arabia. Post its successful entry in the African m....

WhatsApp rolls out its business app for android in select nations

WhatsApp rolls out its business app for android in select nations

Date: 2018-01-19Author: Dhananjay Punekar

In a bid to monetize its services, WhatsApp has finally introduced its new business application currently targeting select markets encompassing the U.S, UK, Indonesia, Mexico, and Italy, ahead of the app’s worldwide rollout. As per reports, the....

Jabra Corp. adds two new wireless earbuds to its existing product line

Jabra Corp. adds two new wireless earbuds to its existing product line

Date: 2018-01-16Author: Dhananjay Punekar

In a major breakthrough witnessed across the earphones and headphones market, Jabra Corporation, a Danish firm in the consumer electronics business, has recently launched new wireless earbuds. Engineers and technocrats are of the view that Elite 65t ....

LG to integrate Google assistant with its smart home devices

LG to integrate Google assistant with its smart home devices

Date: 2018-01-12Author: Dhananjay Punekar

LG Electronics Inc., a major consumer electronics firm headquartered in South Korea, has reportedly declared at the CES 2018 that it aims to advance further toward AI deployment and is trying to integrate the Google Assistant with its smart home prod....

Google Inc. purchases Redux to improve its handset sound quality

Google Inc. purchases Redux to improve its handset sound quality

Date: 2018-01-12Author: Dhananjay Punekar

In a major breakthrough witnessed across the tech cosmos, Google Inc. has purchased Redux, a Cambridge based startup firm that creates a technology transforming mobile display surfaces into speakers. As per reliable sources, the shares of Redux holdi....

AerNos to launch wearable air pollution monitor at CES 2018

AerNos to launch wearable air pollution monitor at CES 2018

Date: 2018-01-10Author: Dhananjay Punekar

AerNos, a key manufacturer of nano gas sensors, has made an announcement at the CES 2018 about its plans of launching AerBand Research, a wearable device that can easily detect and research on air pollution levels. Sources have stated that the device....