Ontic buys four aircraft instrument production rights from Flightline

Ontic buys four aircraft instrument production rights from Flightline

Published: 9 hours agoAuthor: Pankaj Singh

Ontic, a leading player in the aerospace sector and the company behind ‘Extended Life Solutions’ for OEM (Original Equipment Manufacturer) legacy products, has reportedly purchased full production rights for four aircraft instruments from....

Canada invests $100,000 in mobile Electric Vehicle Discovery Center

Canada invests $100,000 in mobile Electric Vehicle Discovery Center

Date: 2020-11-20Author: Saipriya Iyer

The Canadian Government’s commitment towards creating a sustainable, clean energy future that would strengthen its economy, create new jobs, and support its natural resource sectors was reflected recently when the Minister of Natural Resources ....

US based Maidbot closes Series B investment round led by RB Group

US based Maidbot closes Series B investment round led by RB Group

Date: 2020-11-19Author: Pankaj Singh

Maidbot, a US based company leading the commercial services robotics industry, has reportedly announced the completion of its Series B investment round. However, the company did not disclose any financial terms of the funding. RB (Reckitt Benckise....

NWA invests in dustless sanding tool to drive customer satisfaction

NWA invests in dustless sanding tool to drive customer satisfaction

Date: 2020-11-18Author: Saipriya Iyer

NWA Hogs Painting, a professional painting company in Arkansas, has reportedly announced its investment in a new dustless sanding tool. NWA Hogs is among the few companies in the state that produce this type of tool. The product delivers a cleaner pa....

Bezos Announces $791 Mn as the First Grants of his $10 Bn Earth Fund

Bezos Announces $791 Mn as the First Grants of his $10 Bn Earth Fund

Date: 2020-11-17Author: Pankaj Singh

Jeff Bezos, Amazon CEO declared the 16 environmental organizations that will get $791 million as the first grantees’ round for his $10 billion Bezos Earth Fund. The list comprises long-standing, well-funded organizations that are committed to p....

Google Gets a Nod from India for its $4.5 Bn deal with Jio Platforms

Google Gets a Nod from India for its $4.5 Bn deal with Jio Platforms

Date: 2020-11-13Author: Pankaj Singh

India’s antitrust regulator, the Competition Commission of India (CCI), has approved the investment of $4.5 billion proposed by Google in Reliance’s Jio platform. The American tech giant announced in July that it was likely to invest $....

ByteDance Files a Petition in the US Court Regarding TikTok Sale Order

ByteDance Files a Petition in the US Court Regarding TikTok Sale Order

Date: 2020-11-12Author: Pankaj Singh

ByteDance, the Chinese owner of the video-sharing app TikTok, has filed a plea with the US Appeals Court asking it to intervene to prevent the U.S. government from divesting TikTok. TikTok stated that the app is facing frequent new requests and is....

Pfizer & Biontech Announced the Success of BNT162b2 Against Covid-19

Pfizer & Biontech Announced the Success of BNT162b2 Against Covid-19

Date: 2020-11-11Author: Pankaj Singh

Pfizer Inc and BioNTech SE stated that their mRNA-based vaccine candidate revealed that BNT162b2, their mRNA-based vaccine candidate against SARS-CoV-2 has shown proof of effectiveness against COVID-19 in members without previous indication of SARS-C....

Optomec to launch 2 new 3D metal printers at Formnext 2020 exhibition

Optomec to launch 2 new 3D metal printers at Formnext 2020 exhibition

Date: 2020-11-10Author: Pankaj Singh

Optomec, a renowned 3D printed metals and electronics manufacturing, firm will reportedly launch two novel 3D metal printers during the Formnext 2020 exhibition, which is being conducted between 10 November to 12 November 2020. Both metal printers ar....

Marg ERP and Paytm Team-up to Streamline Transactions for MSMEs

Marg ERP and Paytm Team-up to Streamline Transactions for MSMEs

Date: 2020-11-09Author: Pankaj Singh

Marg ERP, India’s one of the biggest providers of enterprise solutions with more than 50% market share in FMCG and Pharma sector nationally, has partnered with Paytm to simplify transactions for MSMEs. This collaboration empowers MSMEs utilizin....

Turkish Authorities Fine Facebook and Twitter for Breaking the New Law

Turkish Authorities Fine Facebook and Twitter for Breaking the New Law

Date: 2020-11-06Author: Pankaj Singh

The Turkish authorities have fined Twitter, Facebook, TikTok, Instagram, and Periscope with 10 million Turkish lire ($1.2 million) each for missing the deadline of appointing a country representative, confirmed Omer Fatih Sayan, the deputy minister o....

Intel acquires another machine learning modeling company Cnvrg.io

Intel acquires another machine learning modeling company Cnvrg.io

Date: 2020-11-05Author: Pankaj Singh

Chip giant Intel has now acquired another startup for furthering its project on AI operations and machine learning. The Israeli company, Cnvrg.io, which Intel has purchased, has created a platform for data scientists, enabling them to build and opera....

Apple to Launch Arm-based Macs in its “One More Thing” Event

Apple to Launch Arm-based Macs in its “One More Thing” Event

Date: 2020-11-04Author: Pankaj Singh

Apple is organizing its event, “One More Thing” on November 10th in which the company is expected to unveil its first Arm-based Macs that work on Apple Silicon chips rather than Intel processors that the company issued since 2005. The ....

The U.S. gains support from 49 countries for Clean Network initiative

The U.S. gains support from 49 countries for Clean Network initiative

Date: 2020-11-03Author: Saipriya Iyer

The U.S. has reportedly announced support from 49 countries, representing 2/3rd of the global economic output, for its ‘Clean Network’ initiative. People with knowledge of the matter have stated that the recent initiative is aimed at limi....

Lightbox opens $94M jewelry manufacturing facility in the U.S.

Lightbox opens $94M jewelry manufacturing facility in the U.S.

Date: 2020-11-02Author: Saipriya Iyer

Lightbox, an innovative producer of consumers fashion jewelry, has reportedly opened an advanced manufacturing facility worth $94 million in Gresham, Oregon. Following the successful completion of the facility construction on the 60....

Apple amplifying efforts to develop an alternative to Google search

Apple amplifying efforts to develop an alternative to Google search

Date: 2020-10-30Author: Pankaj Singh

  Apple is reportedly stepping up its efforts to develop a Google search engine alternative for iPhones as its relationship with Google coming into question. Apple receives billions of dollars on an annual basis in exchange of making Goo....

Google to manufacture new Pixel & Nest products with recycled material

Google to manufacture new Pixel & Nest products with recycled material

Date: 2020-10-29Author: Saipriya Iyer

Google, an American technology company, has reportedly announced its new innovation where its Pixel & Nest products will be manufactured using recycled material. The move implies that Pixel 4a, Pixel 5 smartphones, and the newly launched 2nd-gene....

Google, Temasek announce joint investment of $350 mn in Tokopedia

Google, Temasek announce joint investment of $350 mn in Tokopedia

Date: 2020-10-28Author: Saipriya Iyer

Google and Temasek to form an agreement for investing a whopping share in Indonesian e-commerce giant-Tokopedia.   The deal is yet to reach a final formal conclusion. Ever since COVID-19 pandemic hit the world, brick and mortar stor....

SpaceX successfully launches another batch of Starlink satellites

SpaceX successfully launches another batch of Starlink satellites

Date: 2020-10-26Author: Pankaj Singh

California-based rocket developer, SpaceX has reportedly launched its latest fleet of Starlink satellites into orbit in a bid to provide high-speed internet services across the northern parts of the United States and Canada. This is the 15th Starlink....

Quibi to shut down barely 6 months after streaming service launch

Quibi to shut down barely 6 months after streaming service launch

Date: 2020-10-23Author: Saipriya Iyer

Quibi Holdings LLC, a media company, is reportedly shutting down its operations, just 6 months after the launch of a streaming service by the company. The streaming service, which was launched in April, served up shows in the format of 5 to 10-min....

Jio partners with Qualcomm to test & develop 5G radio access network

Jio partners with Qualcomm to test & develop 5G radio access network

Date: 2020-10-22Author: Saipriya Iyer

Jio Platforms, an Indian digital service company, has recently announced the testing and development of a 5G RAN (radio access network). This 5G RAN can transfer data at the rate of more than 1-GB per second. As per the statement made by Mathew Oo....