About Author : Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website content writing, content auditing, tech writing, promotional writing, business writing, editing, research, copywriting, copyediting, and content visualization. Her hobbies include reading, music, and cooking.



Contribution By Saipriya Iyer


Samsung’s Lifestyle TV lineup to come with eco-friendly packaging

Samsung Electronics Co. Ltd., one of the leading South Korean electronics companies, has reportedly announced plans to introduce sustainable, eco-friendly packaging across its Lifestyle TV product portfolio, taking a significant step towards lowering...

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Hotstar announces availability of Disney+ content for Indian users

The content from Disney+, a subscription video on-demand streaming service, is officially available on Hotstar, an Indian over-the-top streaming service, after a slight delay. Various devices that can get access to the new Disney+ content on the H...

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Foxconn announces possible launch of 5G iPhone by Apple in August

Hon Hai Precision Industry Co., Ltd. (Foxconn) has recently announced the possible launch of the latest 5G iPhones in autumn despite disruptions caused by global coronavirus crisis. The company, which has built a successful partnership with Apple,...

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Maruti Suzuki sales for March fall 47% as COVID-19 effects loom

Maruti Suzuki Limited has reportedly announced a nearly 47% year-on-year fall in its overall sales during March, recording a sale of 83,792 units. The slump in sales can be attributed to the recent government orders to halt the operations during a na...

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Redrock plans to waive license fee of PalmID® for essential businesses

Redrock Biometrics, a leading provider of palm-based biometrics, has recently announced its plan to waive PalmID® license fee to several businesses that are deemed essential. This strategic move, which is expected to last for 1 year or more,...

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Medtronic SPYRAL HTN-OFF MED trial meets primary & secondary endpoints

Medtronic plc, a medical tech, services, and solutions company, has recently announced that the SPYRAL HTN-OFF MED Pivotal Trial, has met its primary and secondary endpoints. The Pivotal Trial, which accompanies the SPYRAL HTN-ON MED Trial & SPYR...

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Edison donates $1M to California nonprofits for COVID-19 relief

Edison International, a public utility holding company, has recently pledged $1 million to local nonprofit organizations in California. These organizations offer foods, critical services, and other necessities to vulnerable, coronavirus-affected comm...

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CFBS-Cleo partner to deliver ERP capabilities through single platform

Clients First Business Solutions and Cleo have recently announced a partnership to cater to the rising customers demand for multi-channel e-Commerce ecosystem integration. The purpose of the partnership will be fulfilled by serving the customers&rsqu...

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GameStop updates customer service and store operations in U.S.

GameStop, an electronics retail company, has recently updated its customer service and store operations in the United States, amid the recent coronavirus outbreak. The company will temporarily halt customer access to storefronts, start processing ord...

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Lyft to deliver medical supplies & foods amid coronavirus pandemic

Lyft, Inc., an American ride sharing company, is reportedly expanding its operations by including the delivery of medical supplies and food services amid ongoing COVID-19 pandemic. The move of expanding its network of services through its on-demand t...

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RealWear integrates Microsoft Teams with Android HMT-1 headsets

RealWear, Inc. has recently announced the integration of Microsoft Teams with its voice-controlled, Android HMT-1 headsets. The company is a manufacturer of hands-free wearable computer devices to bring about digital transformation in the industry. ...

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Around raises $5.2M seed funding to bring video meeting to mainstream

Around, a Bay Area Startup, has recently announced a $5.2 million seed funding, led by Initialized Capital and Floodgate, to transform video calling for 21st century workplace. The company’s new video calling service adopts innovative technolog...

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CcHUB raises funds to support coronavirus-related projects in Africa

Co-Creation Hub (CcHUB), an African technology-oriented center, is reportedly planning to raise funds and offer engineering supports for technical projects aimed at curbing the spread of COVID-19 disease. This support will help reduce the adverse imp...

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Samsung 512GB eUFS 3.1 promises to bring SSD like speed to smartphones

South Korea’s Samsung Electronics recently disclosed plans to mass produce the first 512GB embedded Universal Flash Storage (eUFS) 3.1 for use in flagship smartphones. The new chip apparently crosses the 1GB/s performance threshold in smartp...

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CPH plans to cut back operations and postpone projects & investments

Copenhagen Airport (CPH) is reportedly planning to cut back operations in the upcoming period, due to the ongoing health crisis caused by the coronavirus outbreak. The company will also put several large and small projects as well as investment plans...

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OptimizeRx launches free COVID-19-related message alert program

OptimizeRx Corp., a provider of unique physician and consumer platforms & strategies, has recently launched a free, interactive text messaging alert program to educate the general public about the COVID-19 outbreak. The digital health company is ...

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Google Cloud offers new tools to simplify machine learning workflows

Google Cloud platform recently announced the launch of a new enterprise-grade service, Cloud AI Platform Pipelines that will facilitate developers with a single tool to deploy their ML pipelines, along with tools for monitoring and auditing them. The...

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DeepCrawl raises $19M Series B funding led by Five Elms Capital

DeepCrawl, a pioneering technical SEO platform, has recently raised Series B funding worth $19 million, led by Five Elms Capital. The funds will primarily be used for research and development as well as sales & marketing to drive DeepCrawl’...

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LiquidX announces partnership with Emirates NBD to expand footprints

LiquidX, an international network for illiquid assets, has reportedly added Emirates NBD, a leading bank in MENAT region, to its network for expanding its geographic presence in the Middle East. The partnership is aimed at leveraging the strong trade...

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Starbucks halts customers usage of personal cups over coronavirus fear

Starbucks Corporation, an American coffeehouse chain, has recently announced a temporary suspension regarding the usage of personal refillable cups and tumblers. The coffee chain has reportedly undertaken this move as an initiative to curb the spread...

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BMW unveils features of Concept i4, slated to enter production in 2021

Bayerische Motoren Werke AG (BMW), a German multinational automobile company, has recently released details regarding its latest electric concept car, BMW Concept i4. The Concept i4 is slated to enter production by 2021. The introduction of this n...

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Wendy’s to offer free Honey Butter Chicken Biscuit to online customers

Wendy’s, an international fast-food chain, has recently introduced a new promotion, offering the Honey Butter Chicken Biscuit for free to customers who order online from its app. This promotion has been offered as a celebration of the recent ro...

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UK court of appeal rules Heathrow third runaway expansion plan illegal

Heathrow airport’s third runway expansion plan has recently been declared as illegal by the UK appeals court on environmental grounds. The Paris climate agreement to mitigate greenhouse gas emission has been considered in the ruling, which has ...

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Superior Essex unveils revamped website to enhance customer experience

Superior Essex Communications, a manufacturer and supplier of communications cable, has recently announced the launch of its new, totally revamped website. According to Superior Essex Communications’ President, Brad Johnson, the company&rsqu...

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UPS set to invest $216M for facility expansion at Memphis airport

United Parcel Service, a package delivery and supply chain management company, is reportedly set to make a $216 million investment for the expansion of its facilities at the Memphis International Airport. The expansion marks the sixth amendment of th...

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SMFPT to invest ₹ 55 Cr in new PU foams manufacturing plant at Khurdha

Shree Malani Foams Pvt. Ltd., a leading sleep solutions manufacturer in India, has recently announced plans to start the construction of a PU foam manufacturing facility in Odisha. The company has incorporated the best in technology to emerge as a ma...

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Expedia plans to lay off 12% workforce to simplify bloated business

Expedia Group, an online travel shopping company, has recently announced its plan to lay off 3,000 employees, i.e. 12% of its workforce, following the disappointing performance in 2019. Through the strategic lay off, the company is striving to simpli...

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Etihad Credit Insurance partners with SFD to support non-oil exports

UAE’s federal export credit firm, Etihad Credit Insurance (ECI) has recently announced that it has inked a partnership deal with Saudi Fund for Development (SFD) for financing and offering credit insurance to safeguard non-oil exports of Saudi ...

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Sprint & T-Mobile revise merger deal with an aim to close it by April

T-Mobile, a renowned wireless network operator, and Sprint Corporation, an American telecommunication company, together announced that they have reached a new conclusion for their megamerger deal. This should open ways for both companies to finish...

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Uber to close customer-support office in LA & shift base to Manila

Uber Technologies Inc., a multinational ride-hailing company, has recently announced the closing of its Los Angeles office, reportedly laying off nearly 80 employees in the process. Without advance notice, the employees under the company’s cust...

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New York gives nod for the $26 billion T-Mobile and Sprint merger

Manhattan’s federal judge has given a green signal to both the firms, allowing them to move forward with this merger. After a yearlong battle against the T-Mobile and Sprint merger, New York’s Attorney General, Letitia James has finall...

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TASI-Cassel unite to expand Packaging Integrity segment footprint

TASI Group, a provider of test, measurement, inspection, and assembly, has recently announced the acquisition of Cassel Messtechnik GmbH. TASI and Cassel are customer-service companies that deliver word-class solutions and services to bring about val...

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TLC completes enrollment for Phase 2 TLC590 study before schedule

TLC recently announced that the patient enrollment in TLC590’s Part 2 of Phase II clinical trial has been completed earlier than it was originally scheduled, which is being performed at four sites across the United States. For the record, TL...

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New Solar Orbiter embarks on 10-year voyage to map sun’s polar regions

A new solar probe jointly built by European and the United States space agencies has recently been set off on a blazing journey towards the sun. The mission was launched to capture an unprecedented view of the sun’s polar regions. The spacecraf...

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NURVV raises $9M Series A funding to unveil smart tech NURVV Run

NURVV, a wearable technology and biomechanics startup, has reportedly raised a Series A funding worth $9 million, led by Hiro Capital. The funding was made to launch the company’s debut product NURVV Run, to the global market. The product was r...

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Intercontinental acquires Bridge2 to build-out Bakkt’s consumer app

Bakkt, a bitcoin and cryptocurrency platform, has recently added Bridge2 Solutions to its increasing list of offerings for both consumers and merchants. This leading SaaS platform technology company will be acquired by Intercontinental Exchange Inc.,...

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LINC acquires R.V. Evans to diversify business across end markets

Center Rock Capital Partners, LP has made an announcement that LINC Systems, its distributor of industrial supplies and fastening solutions, has acquired R.V. Evans Company. R.V. Evans is a fellow packaging distribution and industrial fastener platfo...

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Top Hat secures US$55 million from its Series D funding round

The company is planning to expand its higher ed learning platform by improving course materials and digital textbooks. Canadian software company, Top Hat has managed to secure $55 million from its Series D funding round, which was co-led by Inovi...

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Jetex announces North Africa’s first VIP terminal launch at Marrakech

Jetex, a Dubai-based general aviation trip support company, has recently announced the inauguration of a new VIP terminal at Morocco’s Marrakech Menara Airport. This flagship Jetex VIP Terminal, the first of its kind in Marrakech, represents a ...

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KFC to sell Beyond Meat’s plant-based fried chicken in the U.S.

After years of experimentations, plant-based food products have finally managed to make a place in consumer’s diets. After the success of Burger King’s Impossible Whoppers, various food chains have now decided to jump on the plant-based b...

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Sea Limited announces Garena’s acquisition of Phoenix Labs

Sea Ltd. announced that its digital entertainment divisions, Garena has acquired Phoenix Labs, developer of co-op action role-playing game (RPG) Dauntless video game. This is a major acquisition for Garena, the maker of the smash hit f...

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Blackstone tops rival bid for Unizo by raising proposed offer by 12%

Blackstone Group, a multinational private equity firm, has recently raised its proposed offer to buy Unizo Holdings, by 12%, i.e. $1.75 billion (191.6 billion yen). With this sweetened proposal worth 5,600 yen per share (hike from previous 5,000 yen ...

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Brazil and India ink 15 new deals to expand trade and defense ties

Brazil and India have reportedly inked 15 new agreements on 25th Jan 2020, when India’s Prime Minister, Narendra Modi met with Jair Bolsonaro, the President of Brazil. Through the new contracts, India looks to make new ties with Latin American ...

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Helen of Troy announces the completion of its acquisition of Drybar

Helen of Troy Ltd., a renowned US-based developer, and marketer of beauty, health and home products, reportedly announced the completion of acquisition of California based haircare product retailer, Drybar. The company acquired the salon chain for ab...

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Flutterwave raises funding of $35 Mn & partners with Worldpay FIS

Flutterwave, a Lagos and San Francisco-based company, has recently raised $35 Mn through a Series B funding round. The company has also announced a partnership with a payment processing company, Worldpay FIS to scale up payment services in Africa. ...

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Medical imaging firm Nanox raises $26M in a round led by Foxconn

Nanox Imaging, an Israeli medical imaging startup, reportedly announced that it raised $26 million in an investment round, which was led by its strategic investor Foxconn. The total valuation of the company has reached $55 million after this new inve...

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Fitbit adds blood oxygen level monitoring feature in some devices

Fitbit- a California based fitness wearables company has reportedly rolled out SpO2 sensors in its devices, enabling users to track their blood oxygen levels. In terms of percentage, between 95% to 100% of blood oxygen level is considered to be norma...

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Clarify-Leidos form alliance to enhance analytical insights via careC2

Leidos, a global and FORTUNE® 500 leader in integrating information technology, has recently formed a strategic partnership with Clarify Health Solutions, a leader that delivers advanced health systems and solutions. The main aim behind the merge...

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Focal Systems and Connors Group team-up to enhance retail operations

Focal Systems, a leading California based retail automation solutions provider, and Connors Group, a renowned management consultancy that specializes in workforce performance and productivity improvement, have reportedly announced a new partnership t...

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Bardot to bring down the shutters on 58 shopping outlets in Australia

Bardot, a fashion retail brand, is planning to downsize some of its outlets in Australia. According to credible reports, the brand aims to shut down its 58 outlets over the next two months. Specifically, about 56 of these outlets are set to be closed...

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Krispy Kreme launches new mini doughnuts to its permanent menu

Krispy Kreme, a renowned American Doughnut company, has reportedly introduced mini doughnuts to its permanent menu. These are simply a miniature versions of the company’s four most popular doughnuts. The doughnut company is encouraging the peop...

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Aiqudo signs a voice platform supply agreement with BYTON

Aiqudo, a US-based voice technology company, reportedly announced a new collaboration with BYTON, a renowned Chinese electric vehicle brand. Under this agreement, Aiqudo’s Voice AI platform would be used in BYTON’s electric cars. The V...

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Allied Wallet China to unveil new technology for frictionless payments

Allied Wallet China, the Chinese division of payment processing giant Allied Wallet, and Andy Khawaja, Founder of Allied Wallet, reportedly announced that the company would introduce a new technology this year that would facilitate more frictionless ...

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ONGC pushes forward bidding deadline for its 64 fields till January 3

ONGC (Oil & Natural Gas corporation), an Indian multinational crude and gas corporation, has reportedly extended the deadline date until January 3 to accept bids from private players who are keen in operating its 64 producing fields. Earlier t...

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Cox Communications found liable for $1 billion for piracy infringement

A U.S. District Court Jury rewarded some of the biggest names in the music industry a massive amount of $1 billion for the damages caused by Cox Communications, a renowned broadband communications and entertainment company, over piracy infringement. ...

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Caltex reverts to Ampol after a contract termination with Chevron

Caltex, a renowned Australian petrol station brand working under Chevron, would now disappear from the region. The brand would be reverting back to its old retail name Ampol as its license agreement with Chevron was terminated. The company reporte...

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Chinese government targets tech firms in the app privacy crackdown

The Chinese government on Thursday ordered Chinese tech companies to clean up how they handle user data or be ready to face possible penalties. Chinese tech giant Tencent was also included in the list of companies being targeted. This order is the...

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Perfect Day raises $140 Mn in a Series C funding round led by Temasek

Perfect Day, a US-based food technology startup that has innovated new processes of creating dairy products by using casein, reportedly announced that it raised $140 million in a Series C funding round. This investment round was led by Temasek with e...

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York Tactical Energy Fund and Bayswater team-up to form a new JV

Bayswater Resources, a renowned Colorado based oil and natural gas firm, and York Tactical Energy Fund, a private investment fund run by York Capital Management investment professionals, have reportedly signed a new agreement to establish a strategic...

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FoodMaven raises $15.3 million from Series B funding round

U.S.-based food startup, FoodMaven Corp. has a unique business model that offers imperfect and oversupplied food to foodservice providers and restaurants. Recently, the company announced securing $15.3 million from its Series B funding round. Acco...

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Bilfinger secures 3-year blanket agreement contract from TRANSCO

Bilfinger, a global provider of engineering and industrial services, announced that it has secured a multimillion-dollar maintenance contract from Abu Dhabi Transmission & Despatch Company, (TRANSCO). Under the terms of the three-year blanket ...

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Vertosa closes $6 million round of seed funding to scale strategically

Vertosa, a renowned California based cannabis as well as hemp infusion technology company, reportedly announced that it has closed a $6 million Series Seed Funding Round which was co-led by the New York based Welcan Capital and California based AFI C...

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Halliburton to cut 800 jobs in Oklahoma citing the U.S. shale slowdown

Halliburton, a renowned U.S. based oil field service company, has reportedly sent a notice to the Oklahoma Office of Workforce Development stating that it would be dismissing 800 employees due to slowdown in U.S shale growth. The Oklahoman agency rep...

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Bitstop join forces with Simon Malls to install Bitcoin ATMs

Cryptocurrency is increasingly spreading its reach to business verticals worldwide. With Bitcoin ATMs, users can now buy cryptocurrency directly using cash. In a bid to strengthen its position in the cryptocurrency market, Miami-based Bitstop has rep...

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HSBC to shift assets worth $20Bn to Digital Vault blockchain platform

HSBC, the renowned British multinational investment bank, is reportedly planning to migrate its assets worth approximately $20 billion to a new blockchain-based custody platform. the company aims to complete the shift by March 2020. By deploying t...

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Decibel gathers $17 million from a Series B investment round

Decibel, a renowned UK based digital experience intelligence company, reportedly announced that it raised $17 million in a Series B investment round. Draper Esprit, one of the leading VC firms in Europe led the funding round. The company’s exis...

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Mengniu Dairy acquires Lion Dairy & Drinks portfolio for $600Mn

In a move to expand its product offering, China Mengniu Dairy Company Ltd. has recently inked a deal with Australia’s renowned dairy firm Lion Dairy & Drinks to acquire brands like Dare iced coffee and Big M. Reportedly, the move follows Me...

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Fingerprint Cards launches new capacitive touch sensor for smartphones

Fingerprint Cards, a renowned Swedish biometrics manufacturer, reportedly announced the launch of its side-mounted capacitive touch sensor to be used for biometric authentication in mobile devices. The new FPC1540 sensor enables a wide array of innov...

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WeWork to lay off at least 4000 employees to reach financial stability

WeWork, a renowned US-based commercial real estate firm, is reportedly planning to lay off more than 4,000 employees this month. Through this step, the company is looking to gain financial stability as it continues to pull out all the stops to revers...

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Superior Graphite inaugurates new plant in Hopkinsville, Kentucky

In today’s globalized economic world, companies are increasingly looking at establishing new operations to strengthen business growth. This expansion helps offer lucrative market opportunities, new consumers and increased revenue to organizatio...

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Banco Inter unveils a one-stop shop application for its clients

The Brazil-based firm has plans to lure more clients with the launch of a new application Banco Inter, a leading digital banking services provider in Brazil recently launched a smartphone application offering clients direct access to more than 60 ...

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Fintech startup Digits closes $10.5 Mn Series A investment round

Digits, a US-based digital fintech startup, reportedly announced that it raised $10.5 million in a Series A investment round. The new investment round was led by Benchmark and it has also been backed by 72 angel investors, including CEOs and founders...

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IFM buys US-based Buckeye Partners in a $15 billion acquisition deal

With the infrastructure pipeline in its home-base facing the threat of being stymied, primarily due to an increasing skills shortage and strong competition, many of Australia’s investors are looking overseas for better business opportunities. ...

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ScanSTAT buys DocFile Systems for expansion of its service offerings

ScanSTAT Technologies, a renowned US-based outsourced ROI (release of information) services provider, reportedly announced the acquisition of DocFile Systems, a US-based medical document filing, and order management company. ScanSTAT offers outsource...

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Duffel raises $30M in Series B round to unveil its new travel platform

The travel and tourism industry accounted for over 10 percent of total global economic activity in 2018. However, no improvements have been witnessed in the booking experience for customers in a while. Various travel booking companies are raising inv...

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Voxel8 raises funds to boost adoption of its 3D printing technology

The 3D printing market, also known as additive manufacturing, is one of the fastest growing and revenue collecting markets across the globe. Global 3D printing firms are increasingly raising investments to further expand into the sector.   ...

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CTS presents Intelligent Transport Management Technologies at ITS 2019

The rapidly expanding global population is further leading to rapid urbanization, which has raised many critical issues, including road safety problems and increasing congestion on the road. The growing need for sustainable solutions to tackle these ...

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Freshworks looks for a fresh funding round to aim at $3 Bn valuation

As per NASSCOM, India’s software as a service (SaaS) industry is slated to grow 36 percent annually and reach $3.3-$3.4 billion by 2022. Cheaper workforce, mature sales ecosystem, abundant talent and adoption of deeptech technologies are some f...

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South Korean startup True Balance raises $23 Mn in Series C funding

While a growing number of firms are contesting for a place in digital payments market of India, away from the country’s metros and tier 2 cities, some payment startups are gradually progressing in the market by advancing their services, for cus...

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Energy startup RigUp raises $300 million in Series D investment round

Austin has been witnessing substantial investments in its technology market landscape since 2018. The city has witnessed a surged in its venture capital activities, in technology startups, since the start of 2019. Technology development is at its pea...

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Hero Electric teams with CSC e-Governance to boost e-mobility in India

With growing fuel prices and deteriorating air quality, the Government of India has started to encourage auto companies to introduce new green mobility solutions. However, as the adoption of electric mobility is on a surge in urban India, the country...

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Cybersecurity firm FireEye reveals new election security resource

Cybersecurity refers to safeguarding internet-connected systems such as software and hardware from potential cyberattacks. It is used in identifying theft while maintaining risk management. In order to prevent potential attacks, companies have now st...

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Uber unveils driver loyalty scheme after receiving new London license

· Uber recently received a two-month operating license from TFL to operate in London. · Through the loyalty program, Uber aims to reward the commitment of its drivers to the company. Uber has announced that it will unveil a loyalt...

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Log 9 Spill Containment raises INR 4 Cr in Pre-Series A funding round

Chemical and oil spill absorbent market is witnessing a substantial growth lately due to increasing incidence of chemical and oil spills from industries which is leading to a rise in pollution. Several companies in the world are leveraging these inci...

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Virgin Atlantic plans to fly more flights to London from Scotland

Virgin Atlantic has also planned 35 new long-haul routes in Asia, Africa, and South America.   Out of the total 84 new destinations the airline plans to serve from London’s Heathrow, 12 destinations are in United Kingdom. Virg...

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Niche AI workforce acquired by Ericsson for AI development in India

Artificial Intelligence (AI) is increasingly being adopted by a number of telecommunications and networking companies lately. Telecommunication companies across the globe are turning towards AI-driven platforms to deliver a better customer experience...

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London-based Snyk secures €63Mn from Accel led funding round

The company intends to use this funding to fuel its plans for the next phase of global growth. Snyk, a developer-first security company based in London, has reportedly managed to secure an investment of €63 million from its recent funding rou...

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Wendy's invests $20 million to introduce a new national breakfast menu

The revamped menu includes three new breakfast items; Honey Butter Chicken Sandwich, the Breakfast Baconator as well as the Frosty-ccino.   Wendy’s has tried breakfast menus many times over the past decade, which also includes a 20...

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AIR’s Earthquake Model chosen by IAG for catastrophe risk management

Sydney-based insurance firm Insurance Australia Group (IAG) has reportedly selected risk management company AIR Worldwide’s Earthquake Model to help with New Zealand’s catastrophe risk management. AIR Worldwide is a Boston-based firm asso...

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Indian robotics startup Miko secures $7.5 million in Series A funding

The investment will be used to expand Miko’s market in the UK, North America and West Asia as well as to develop a new line of products. Miko, an Indian startup that creates companion robots, has managed to raise $7.5 million in its Series A...

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Carro raises $90 Mn from Series B round, procures Indonesia’s Jualo

The company raised an extra $30 million in the oversubscribed funding round after raising $60 million last year in May. Carro would be utilizing the fresh capital for the acquisition of Jualo.com. SG’s Carro, an automation marketplace...

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iMedX acquires Prevalent and Axcension to launch business intelligence

Combined technology & teams will provide ground-breaking business intelligence solutions for healthcare providers iMedX, Inc., a US-based health information & clinical documentation provider recently acquired Prevalent, Inc. & Axcensio...

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Pasha acquires licensed cannabis producer and processor, Medcann

Pasha Brands Ltd., a leading Canadian craft cannabis company recently announced acquisition of Medcann Health Products Ltd., a Health Canada approved cultivator, processor & seller of medical cannabis, cite sources. For the record, Pasha is a ...

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Century Software buys majority stake in Netsense Business Solutions

Century Software has a long-term collaboration with Acumatica Inc. The subsidiary of Censof Holdings Bhd, Century Software (M) Sdn Bhd has reportedly announced that it has signed a share sale and purchase agreement to acquire 51 percent stake in ...

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Carbon Lighthouse expands regional scope, establishes office in L.A.

Energy services company Carbon Lighthouse has apparently made it to the headlines for having expanded its reach to Southern California. With functional spaces in the cities of New York, Honolulu, and San Francisco, Carbon now boasts of a fourth setup...

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Juniper launches SD-WAN and cloud services platform for partners

Juniper announces CSP Select program in response to needs expressed by customers and partners. Juniper Networks, an American corporation that develops and markets networking products recently unveiled a Cloud Services Program (CSP) and its first c...

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TRON foundation acquires its own blockchain app store CoinPlay

To ensure the blockchain enthusiasts get optimum user experience, TRON and CoinPlay are devising approaches to build core technologies that guarantee a secure ecosystem for obtaining DLT-based apps. Tron organization, one of the largest networks i...

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Zomato enters events industry with food carnival in multiple cities

Zomato, an Indian food delivery and restaurant search startup, has announced that it is entering the events business with ‘Zomaland’, a multi-city food and entertainment carnival. Reportedly, this move would mark the company’s entry...

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Kaleido to speed up blockchain implementation with Kaleido Marketplace

Kaleido, in partnership with Amazon Web Services, has reportedly launched a new platform – called Kaleido Marketplace. As per authentic sources, the platform aims to deliver tools and protocols for the components of novel blockchain projects &n...

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Rimini ensures 100% clean energy usage for Switch data centers

Rimini Street, Inc., has circulated an official announcement that it has achieved its goal of deploying 100% renewable energy at its data facility in Switch’s Data Centers. The renowned provider of enterprise software products & services cl...

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T-Mobile inks green contract to power HQ with clean energy by 2021

United States wireless network operator, T-Mobile US, Inc. has recently signed on for energy firm, Puget Sound Energy’s Green Direct program, giving the company access to a blend of local solar and wind renewable energy sources, which will be u...

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CCCS levies a S$13M fine on ride-hailing giants Uber and Grab

The Competition and Consumer Commission of Singapore (CCCS) has reportedly fined a total of S$13 million to Uber and Grab over their merger, stating that the agreement has resulted in significant damage to competitors in the ride sharing market. Amon...

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Steel magnate SAIL plans to shut down its non-operational JV companies

India's largest steel maker, SAIL (Steel Authority of India) has reportedly taken steps to pull down the shutters on some of its joint venture firms. According to the company’s annual report 2017-18, these firms are either non-operational o...

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Accent Group trumps retail competition with same-day delivery service

Australia’s Accent Group is reportedly planning to roll out same-day delivery services across its shoe retailer network. As per sources, the move comes on the heels of a majority of Australian retailers presently offering same-day delivery in a...

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China gives the green signal for the Essilor-Luxottica collaboration

China has reportedly announced its approval for the partnership between the France based lens-maker Essilor and the Italian eyewear company Luxottica – the famous maker of Oakley and Ray-Ban sunglasses. According to reports, China was one of th...

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Founders Factory chooses M&S as its retail investor in the UK

Brent Hoberman, founder of Lastminute is set to up the ante in vertical market-specific accelerator construction with his new project, Founders Factory Retail, in collaboration with Marks & Spencer. Incidentally, M&S will be Founder Factory&r...

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Grab launches GrabFresh, penetrates on-demand grocery delivery market

Grab a technology based company in Singapore, reportedly announced that it has decided to mark its presence in the on-demand grocery delivery industry. The firm plans to introduce its new app called GrabFresh in partnership with HappyFresh, a regiona...

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KBA orders Daimler to immediately recall selected Mercedes models

The German Transport Ministry, amidst a series of punitive actions, has ordered Mercedes to recall 774,000 vehicles across Germany. The move comes after automotive giant Daimler was found to have fitted illegal software – rather, a defeat devic...

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Sarawak gov obtains dividends post investment in three MLNG plants

The government of Sarawak has reportedly received nearly MYR 20 billion in accumulated dividends after it made a substantial investment in three MLNG (Malaysia Liquefied Natural Gas) plants in Bintulu. The news has come to light through the speech ma...

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Luye’s NHC buyout to fulfill the demand for cardiovascular treatment

Luye Medical Group Co., Ltd, a renowned Singapore-based hospital operator has scarcely made a major investment in the NHC (Novena Heart Centre). If reports are to be believed, the valuation of the signed agreement has not yet been disclosed by either...

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DOJ may file antitrust suit to impede AT&Ts Time Warner takeover

The tech tabloids have lately been ablaze with the news of the Department of Justice turning the tables on AT&Ts deal. Apparently, the DOJ has been on the verge of considering an antitrust lawsuit to prevent AT&T from acquiring Time Warner. ...

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Spire Healthcare turns down acquisition proposal from Mediclinic

In what may be touted as an unforeseen rejection of sorts, acclaimed UK-based medical care firm, Spire Healthcare Group, has spurned a takeover proposition from its largest shareholder - Mediclinic International. If reports are to be believed, the re...

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AliPay to disembark in Canada, Alibaba aims to strengthen retail ties between Canada and China

China's renowned e-commerce giant, Alibaba plans to usher AliPay, the country’s leading third-party online payment solution, in Canada. In order to officially launch the platform in Canada, Alibaba has been reported to have joined forces wi...

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Super Retail Group effectively tackles Amazon’s foray in Australia, explores options to expand its digital offering pipeline

Super Retail Group, a massive retail chain based in Australia, is one of the few firms that seems to have an ace plan up in its sleeve for coming to grips with Amazon’s forthcoming entry in the Australia retail turf. If sources are to be believ...

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Hangzhou joins forces with Alibaba, collaboration aims to revamp the city’s house rental service

China's eminent e-commerce behemoth, Alibaba has signed a strategic agreement with the Zhejiang government, which aims to make use of the company's superior technology to create an efficient online system for house rentals. Alibaba’s d...

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Enel Green Power Espana awarded contract by Spain Government to construct solar plants of 339 MW capacity in Bajadoz and Murcia

The latest scoop to grab the headlines in the renewable energy cosmos is that of Enel Green Power Espana being awarded a solar capacity of 339 MW by the Spanish Government to construct solar plants in the country. The acquisition of this green energy...

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UAE-Qatar conflict instigates the former to authorize its first condensate supply from the United States

The United Arab Emirates (UAE) has recently purchased a cargo of condensate from the Eagle Ford – the premier liquids-rich development located in Texas. As per sources, this deal is the first acquisition of the UAE from the U.S., following the ...

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Abundance’s corporate initiative for UK’s first geothermal project raises over GBP 1 million within a mere 48 hours of its launch

The exemplary success of the deployment of geothermal technology to generate electricity in Iceland and Italy may have, in all likelihood, goaded the UK government to tap the geothermal potential of the country to generate power. Financially endorsed...

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SunPower turns out to be energy supplier for France, plans to deliver high efficiency solar panels for Tenergie solar projects

SunPower Corporation, the reputed majority-owned subsidiary of Total SA, the French multinational oil & gas company, has taken the renewable energy industry by storm with the announcement of its solar panel supply to a French solar project of ren...

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EPSRC’s sizable endowment for an electric vehicle venture leads WMG to join hands with Jaguar Land Rover

Perpetually upholding its emblematic reputation of providing generous grants for research in sciences and engineering programs, the EPSRC (Engineering and Physical Sciences Research Council) has committed itself to yet another benefaction by providin...

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Germany breaks sustainability records, generates 35% electricity from renewables

Germany has raised the percentage of its overall electricity generation from renewable sources to 35% this year. As per the BEE renewable energy association, Germany had produced 33% of its electricity from renewables in 2016, and has increased this ...

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UPS strengthens commitment to sustainability, declares target of 25% renewable energy by 2025

United Parcel Service, the largest package delivery service company across the globe, has sworn to source almost 25% of its power consumption from renewable energy, by the year 2025. The supply chain management market giant has released its most rece...

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Bekaert joins forces with ArcelorMittal, agreement aims to seal a 62.4 million-dollar steel wire deal in Brazil

According to the latest buzz on the grapevine, esteemed steel magnate, ArcelorMittal, has collaborated with Bakaert, the accomplished technology leader in steel wire coatings and transformation, with regards to a steel wire deal. The transaction curr...

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The aftereffects of the Amazon-Whole Foods multi-billion-dollar deal - France’s Carrefour likely to be Amazon’s European target

Amazon, the super-imposing online retail market player, has signed an agreement to acquire Whole Foods Market Inc., the American supermarket chain that stocks foodstuffs that are completely devoid of colors, sweeteners, artificial preservatives, flav...

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Novartis achieves positive Phase III results for AMD, Eylea to face stiff competition ahead

Novartis, the renowned Switzerland-based pharmaceutical market player, has received data from two Phase III trials, namely, HAWK and HARRIER, that depict the optimum performance of its new VEGF-A inhibitor RTH258 (brolucizumab). As per news reports, ...

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Sinopec aims to bifold foreign investment, sets a target exceeding USD 30 billion

Sinopec Limited, renowned Chinese oil and gas company headquartered in Beijing, China, plans to increase invest more than USD 30 billion to expand its market overseas. The company, which is reportedly owned by the Chinese government, had already inve...

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Germany produces more than 85% of energy from renewables, breaks global energy records

In what seems to be one of most spectacular, eye-popping scoops of recent times, Germany has produced more than 85% of its energy via renewable sources. While the country’s contribution to global renewable energy market is not unheard of, the f...

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BASF to serve as a Silver sponsor for FFA in 2017, chemical magnate’s alliance with FFA gets stronger

BASF SE, the largest chemical producer in the world, based in Germany, will reportedly serve as a Silver sponsor for FFA in 2017, thereby strengthening the 60-year-old partnership of BASF with the National FFA Organization. BASF has been working wit...

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Apple plans to invest USD 1 billion for the expansion of its data center in Nevada

Apple has recently announced its plan to make an investment of approximately USD 1 billion for expanding its huge data center situated to the east of Reno, in the state of Nevada. This announcement has come barely a week after Apple had earlier discl...

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The FDA issues warnings to 14 companies for marketing illegal cancer remedies

The Food and Drug Administration has notified 14 companies for illegally selling untested products as a viable treatment medication for cancer. Reliable sources state that 14 U.S. based companies have been found to manufacture and sell more than 65 p...

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Ontrack unveils new data recovery solutions and PPA member discounts

Ontrack, LLC, a renowned data recovery service provider, has reportedly announced Gold Corporate Member status with PPA (Professional Photographers of America). The members of PPA could now receive special member discounts and benefits provided by On...

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UAE telecom company gives clean chit to Huawei’s 5G technology

The U.S. government has reportedly accused Chinese telecom giant Huawei for spying and collecting personal data for unsolicited uses, leading to its ban in the country. This move has not only affected the Sino-US relations but also has affected ...

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SuperValu invests €700,000 in a partnership with Guaranteed Irish

In what may be touted as a branding strategy to promote Irish produce, SuperValu has reportedly announced its collaboration with Guaranteed Irish, a not-for-profit organization operating in Ireland. As per sources familiar with the knowledge of the m...

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Global wax market share to hit USD 10 billion by 2024, 5 trends predominating this industry

Wax market, driven by the rapidly expanding packaging sector, is reportedly expected to register a CAGR of 3% over 2017-2024. Globally, the packaging industry is fueled by BRICS nations, that account for around 37% of the overall demand, as per estim...

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Grupo Modelo pours in USD 5mn for Aguascalientes center expansion

Grupo Modelo, the globally renowned Mexico-based brewery, has recently declared its decision to invest close to USD 5 million for one of its facility expansion plans. If reports are to be believed, this subsidiary owned by Anheuser-Busch InBev, the B...

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Pfizer contemplates a partial sale of its consumer healthcare business

Globally acclaimed American pharma giant, Pfizer Inc., has made it to the front page for its speculation over offsetting its consumer healthcare business. The New York headquartered pharmaceutical industry player has categorically announced that it h...

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General Motors to further penetrate wind energy market, reveals plans to purchase wind farms

Acclaimed automaker General Motors has made it to the front page for its announcement of making a substantial investment in wind power. The company’s declaration comes on the heels of its yesteryear disclosure of aiming to source all its power ...

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Arla expands business within the African frontiers, establishes new facility in Ghana

Renowned European dairy behemoth, Arla, has announced its decision of expanding its footprints in the Sub-Saharan African belt, by means of establishing a new sales and packaging facility in the Republic of Ghana. This facility marks the ingression o...

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Amazon plans to offer event tickets in the U.S., in talks to make a massive foray in U.S. ticketing market

Global retail behemoth, Amazon Inc., has been debating about penetrating U.S. ticketing industry, and reportedly, has been looking out to join forces with prominent venue owners in the United States to sell event tickets. As per sources, Amazon has a...

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AstraZeneca inks oncology partnership with Merck post the former’s disastrous failure of the Mystic trial

AstraZeneca and Merck have jointly entered into a strategic oncology collaboration with an aim to collectively develop and commercialize AstraZeneca’s Lynparza oral poly ADP ribose polymerase (PARP) inhibitor for multiple cancer types as a mono...

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Unilever & Hormel Foods engaged in a ferocious corporate brawl to acquire Reckitt Benckiser’s food section

The latest word on the street is that of Unilever and Hormel Foods Corp., engaged in a relentless tug of war to acquire the food business of British conglomerate, the Reckitt Benckiser Group. Casting aside any semblance of furtiveness, both the compa...

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Uber pulls off a phenomenal move, ride hailing giant to partner with Yandex for combined business interests

In what seems to be one of the most monumental deals of recent times, world-renowned ride hailing behemoth Uber has joined hands with Russian tech titan, Yandex, to lay the foundation of a new yet-to-be-titled venture that will, in all probability, o...

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Toyota plans to invest heavily in cutting-edge technology, automotive giant to spend USD 100 million in AI & robotic startups

Toyota, the well-established automotive behemoth, has officially laid the foundation to launch Toyota AI Ventures, a subsidiary that has been formed to exclusively cater to startup technology firms which center their research and production around ar...

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Laboratorio Teuto buys Pfizer’s 40% stock in the company, American pharma giant bids adieu to Brazil’s generic drug-making business

Pfizer’s exit from the Brazil pharma business sphere is seemingly reminiscent of the end of an era. As per reliable news reports, Pfizer’s 40% stake sale has stemmed from the company’s inability to find a single private equity firm ...

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Merck inks agreement with F-Star, collaboration to strengthen Merck’s immuno-oncology pipeline

Renowned pharmaceutical market player, Merck Group, headquartered in Darmstadt, Germany, has recently collaborated with F-Star, a UK-based biotechnology firm that develops immuno-oncology bispecific antibody therapeutics. As per the agreement, Merck ...

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Boeing forays into the Arabian Peninsula, signs commercial and military deals with Saudi Arabia

Boeing, America’s multinational aircraft conglomerate, has reportedly signed numerous deals with global oil supplier and distributer, Saudi Arabia. The deals encompass everything from defense to commerce, and have been signed with an aim to enh...

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SGS buys Polymer Solutions, deal promises growth in Christiansburg

The Geneva headquartered testing laboratories company, SGS S.A., has reportedly acquired Polymer Solutions Inc., a pivotal contributor to the polymers industry in the U.S. The deal seems to be a promising one, as SGS, worth USD 6 billion, has enough ...

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Pfizer sinks capital in healthcare research and cutting-edge science

Pharma magnate Pfizer reportedly aims to pour in close to USD 600 million in the field of biotechnology. As per authentic sources, the company also plans to invest capital in other emerging growth companies via its investment arm called Pfizer Ventur...

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First DNA sequence transfer POC test debuts in healthcare industry

The development team of DNAtix, a genetics blockchain firm, has reportedly declared that it has successfully conducted the first POC (proof of concept) test to transfer DNA sequences on the blockchain. The company that integrates blockchain and digit...

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Iryo steps up to improve medical record access in healthcare industry

Adriatic Slovenica, reputed insurance company, has reportedly inked a highly lucrative agreement with Iryo, a Slovenia-based healthcare blockchain startup. If authentic reports are to be believed, this partnership is aimed toward providing patients w...

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Automotive giant Volvo to develop cars for Lynk & Co at Belgium site

Volvo Car Group, the reputed player of the Sweden automotive & transportation industry, has made it to the front page for deciding to develop automobiles for Lynk & Co. Incidentally, the automobiles will be manufactured at Volvo’s manuf...

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Microsoft inks first renewable alliance in Asia via solar power bid

The globally reputed technology magnate, Microsoft Corporation, has reportedly announced that it plans to purchase solar power from Singapore. If sources are to be believed, the company will be signing an agreement with the Singapore-based Sunseap Gr...

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IFC closes $653 mn funding package for largest solar farm in Egypt

The IFC (International Finance Corporation), an international financial institution and a prominent member of the World Bank Group, has scarcely finalized a loan of close to USD 653 million to be provided to Egypt for the construction of 13 solar pow...

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Tesla in talks with Shanghai government to set up EV factory in China

Renowned American automaker Tesla Inc., is reportedly amidst discussions with the Shanghai government to build a manufacturing facility in the city. As per sources, this proposed move may help the American EV manufacturer penetrate successfully in Ch...

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TransCanada cancels Energy East Pipeline plan citing regulatory blocks

The Canadian denizens seem to have finally taken a breather post TransCanada’s stupefying announcement this week, regarding the termination of its much-acclaimed Energy East Pipeline project, the proposal for which kicked off more than four yea...

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Walmart plans to exchange or refund online items in tangible stores, introduces Mobile Express Returns to accomplish the same

Renowned retail giant Walmart, plans to launch the Mobile Express Returns, a supposedly new in-store returns service, with an aim to facilitate convenient refunds and exchange offers for goods purchased online. Walmart’s move may be one amongst...

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BMW pours in further reserves in the Rosslyn plant, invests ZAR 160 million to upgrade plant flexibility

The South African subsidiary of the renowned automotive behemoth, has invested a substantial amount of money in its manufacturing facility at Rosslyn in Pretoria with an aim to possibly improve the productivity and flexibility of the plant. The Germa...

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IBM inks blockchain alliance with 10 colossal food giants, multi-firm collaboration aims to regularize global food safety

In what may be proclaimed as one of the most iconic deals in the history of blockchain technology industry and the F&B sector, IBM has forged a highly strategic partnership with not one, not two, but ten highly renowned, affluent food behemoths. ...

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U.S. government to step up the stamp of approval against Venezuela oil industry following disputable elections

The U.S. government has charged 13 high-ranking Venezuelan officials on the grounds of human rights violations and corruption, undermining the South American democratic framework. As per reports, a slew of further sanctions against many other officia...

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Meituan-Dianping plans to penetrate offline retail industry, joins the likes of JD.com Inc. and Alibaba

The latest scoop hot off the griddle is that of Meituan-Dianping, China's largest provider of online and on-demand services, planning to invest extensively in offline retail services by means of a top-notch strategy that will align it alongside t...

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China’s robustly expanding electric car business forges rewarding opportunities for Japanese SMBs

The escalating growth of the electric car industry in China is apparently set to provide a slew of lucrative business opportunities for small and medium-sized auto parts manufacturers in Japan. Most of these Japanese manufacturers apparently develop ...

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Maersk & GE augment digitization tie-up, global offshore drilling industry to surmount a step further

Having successfully embarked on cutting-edge trend of digitization, General Electric Company and Maersk Drilling have decided to extend their partnership which broke ground last year. Reports affirm that the alliance emphasizes on improving reinforci...

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Canada’s Competition Bureau approves Dow-Dupont merger post the outlined asset sales of both the chemical giants

The latest buzz that has become the talk of the industry is Canada’s affirmative nod to the strategic merger of Dow and DuPont. As per reliable sources, Canada’s Competition Bureau has given a ruling that allows the Dow Chemical Company, ...

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Walmart invests millions of dollars as a part of its portfolio upgradation plan to renovate twelve of its stores in Michigan

Global retail giant Walmart reportedly plans to invest heavily to renovate twelve of its stores in Michigan, U.S.A., as a part of upgrading the chain’s store portfolio and enhancing the growth of the online retail market in the U.S. Walmart to...

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Amazon to invade the pharmaceutical space, industry players to face tough challenges ahead

Global retail and wholesale market player, Amazon, has ambitious plans to penetrate the pharmaceutical industry. Reports state that the retail magnate has hired a renowned business lead to determine how it can enter the pharma business space. Amazon...

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Europe plans to construct its own set of gigafactories, sets ground for a fierce competition against Tesla

Europe plans to construct a vast number of battery-making gigafactories across the continent with a view to empower the sale of cheaper batteries for electric cars. Possibly, the plan was also aimed to compete with Tesla, which has already announced ...

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