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A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.
As employees continue to work from home in high numbers due to the outbreak of the coronavirus, mainframe security and reliability have become extremely important for software firms. Around half of software enterprises, according to a 2019 study, ind...
Read More >>As trade tensions with China continue to heat up, the U.S. Semiconductor Industry Association (SIA) is reportedly launching a lobbying campaign for US$37 billion from the federal government in a bid to keep the industry competitive against China. &nb...
Read More >>Electronics & electrical equipment manufacturer Mitsubishi Electric Corporation has recently introduced a new integrated IoT (Internet of Things technology. The new IoT suite, developed under the ClariSense brand, is designed to accelerate the ad...
Read More >>Salt Lake City, Utah-based Suralink, a leading provider or workflow management solutions for accounting firms, has recently announced a partnership with PKF Littlejohn, a rapidly-growing firm of accountants and business advisors based in Canary Wharf...
Read More >>Vancouver, Canada-based cannabis company Mota Ventures Corp. has reportedly signed a letter of intent to evaluate and acquire ecommerce company Unified Funding, LLC. The completion of the deal is subject to several customary closing conditions inclu...
Read More >>American EV giant Tesla has officially dropped a lawsuit it had filed in early May against North California’s Alameda County regarding the closure of its Fremont plant due to the coronavirus pandemic. Following the recent move by Tesla, the tw...
Read More >>US-based startup Standard Cognition has reportedly announced its acquisition of Italian competitor, Checkout Technologies. This alliance with the Milan-based company has been undertaken in an effort to boost the size of its engineering team as well a...
Read More >>Japan and the U.S. are reportedly holding a dialogue on economic security for discussing concrete measures to secure a safe 5G-based communications network and manage the export of advanced civilian technology that can be also used for military purpo...
Read More >>Rakuten Mobile, Inc., a subsidiary of Japanese ecommerce giant Rakuten, Inc., is reportedly acquiring Virginia-based engineering firm Innoeye. Financial terms of the transaction were not disclosed. Rakuten Mobile and Innoeye have apparently been wor...
Read More >>As per recent reports, Indian telco Airtel has reportedly picked global software giants IBM and Red Hat to help build its new 5G-ready open hybrid telco network cloud to support core operations and enable advanced digital services. India’s dat...
Read More >>American autonomous carmaker Waymo has confirmed its plans to relaunch its Arizona test fleet, followed by the company’s self-driving ride-share service Waymo One in the days to come. Waymo had stopped the tests as well as the ride-share servi...
Read More >>Enterprises are recognizing the significant impact that real-time 3D (RT3D) technologies can have on traditional workflows as well as the value it brings to their business objectives. A recent survey by Unity Technologies revealed that almost 55% of ...
Read More >>Vodafone Hutchinson Australia (VHA) and Finland’s Nokia had announced a partnership in December last year to roll out the highly-anticipated 5G networks in Australia. As per recent reports, the two companies are planning to deploy the first lo...
Read More >>Widely perceived as a giant stride towards the expansion of portfolio in Canada, Northern Data AG has announced the acquisition of Canada-based Kelvin Emtech Group with offices in Toronto. Norther Data eyes to reap rewards from the know-how and expe...
Read More >>French IT services and consulting firm Atos has recently acquired American AI and data science company Miner & Kasch. For the record, Atos is global leader in digital transformation. Its comprehensive range of data platforms offers key capabilit...
Read More >>As the COVID-19 pandemic continues to impact the global economy, the need for remote working tools is growing rapidly. The upsurge in work-from-home across the globe has propelled the demand for safe, secure, reliable, efficient, and high-quality onl...
Read More >>In recent months, collaboration and communications have become a top priority for businesses of all sizes and across all sectors. From small and medium-size enterprises to some of the worlds most renowned multinational brands, B2B videoconferencing p...
Read More >>Software firm Data Center Inc (DCI) has made several acquisitions over the past several years, including a range of products from Benchmark Technologies and the acquisition of the Jack Henry & Associates’ ProfitStars® division, as a par...
Read More >>American carrier AT&T is reportedly offering frontline doctors and nurses nationwide three months of free wireless service under its FirstNet® program. In addition, AT&T is also offering a $200 discount on a FirstNet-ready smartphone when...
Read More >>High-profile and targeted cyberattacks are putting information technology (IT) and operational technology (OT) environments around the world under critical risk. Cybersecurity service providers are aiming to enhance their critical infrastructure prot...
Read More >>German IT services company AScorpi GmbH has recently unveiled its latest innovation called LiVe, the world’s first and only rights and license management cloud platform. It is built on SAP® technology. For the record, AScorpi is a ...
Read More >>Fujitsu Frontech North America Inc., a wholly-owned subsidiary of IT-based services giant Fujitsu Frontech Limited, is apparently looking to expand its biometrics business across North America as well as global identity management markets. The compa...
Read More >>With millions of people and companies working remotely due to the coronavirus outbreak, it is crucial that data can be made widely available and easily shared. IT & consulting services firm Convergency LLC has launched an advanced, cloud-based te...
Read More >>A flourishing consumer electronics industry has propelled the demand for semiconductor technologies, including MOSFETs, with greater power density, compact package sizes, higher energy efficiency, and better operational reliability. It looks like Ja...
Read More >>The ongoing COVID-19 outbreak had resulted in a massive demand-supply gap for ventilators, ventilator accessories, and other respiratory equipment. Ventilator shortage is more acute in states like New York, California, and Washington. To address thi...
Read More >>The trend of true wireless stereo (TWS) earbuds is rapidly gaining prominence in the mobile accessory market. Unlike headphones, the technology offers users more freedom in terms of movement and range along with an improved listening experience. Howe...
Read More >>As telecom operators prepare their networks for 5G and handle the increased complexity that comes along with it, software-defined networking (SDN) automation will be key to streamlining their operations and boosting overall network performance. As p...
Read More >>US-based technology company Apple has recently unveiled the latest version of its iPad Pro model. The new version, powered by the A12Z Bionic chip, is equipped with several cutting-edge features including a breakthrough LiDAR scanner, studio-quality ...
Read More >>Finnish telecom company Nokia has recently announced that its has been chosen by Chunghwa Telecom as a 5G RAN provider. Chunghwa, the leading telecom operator in Taiwan, is set to introduce the best band combination to the 5G market, aimed at accomm...
Read More >>Switzerland-based biotechnology company Relief Therapeutics is reportedly starting an urgent phase-2 clinical trial for RLF-100, also known as Aviptadil, in collaboration with the Senior Leadership of the Israeli Government for the treatment of Acute...
Read More >>It appears that the ‘Big Three’ American carmakers and the United Auto Workers Union (UAW) are working together to help keep employees safe and healthy in the wake of the ongoing COVID-19 outbreak. Detroit-based automakers General Motors...
Read More >>Today, nearly 10% of enterprise-generated data is produced and processed outside a conventional centralized data center or cloud. This figure is forecast to hit 75% by 2025, indicating significant challenges for the existing infrastructure and the ne...
Read More >>It looks like Indian steel major Tata Steel is tapping alternative supply sources in Brazil and Turkey for production inputs. The decision seems to be a part of the global trend whereby industries are aiming to de-risk their supply chains from China....
Read More >>Popular car brands owned by American auto major General Motors (GM) including Chevrolet, Cadillac, Buick, and GMC will be launching electric vehicles this year. The automaker very recently unveiled a new, more powerful battery technology to power its...
Read More >>The U.S. Federal Communications Commission is reportedly planning to slam a USD 200 million fine on four leading telecom companies – Sprint, AT&T, Verizon and T-Mobile over concerns regarding provision of consumers real-time location data t...
Read More >>Chicago headquartered aerospace giant Boeing has reportedly agreed to pay for the cost of 737 MAX engines. Citing reliable sources, according to the transaction, all the engines that will be delivered in the year 2020 will be completely paid for. Mor...
Read More >>The concept of foldable smartphones has been around for nearly couple of years. Attraction towards bigger screen sizes has been one of the major trends in the smartphone industry. Smartphone majors are leading the flexible-screen technology invasion ...
Read More >>Chinese augmented reality (AR) smart glasses company MAD Gaze has reportedly secured nearly 130 million yuan (US$19 million) in a Series A funding round led by DNS Capital and Black30 Ventures. This new investment will enable the company to expand t...
Read More >>Struggling Taiwanese smartphone maker HTC is apparently banking on virtual reality (VR) to help revive its revenues following the company’s retreat from the smartphone business. The electronics major has recently added two new entry level and ...
Read More >>Chipmaker AMD and tech giant Google have collaborated closely on virtual machines (VM) to offer Google Cloud users a cost-effective and high-performance experience across a range of workloads. It appears that the American companies are extending the...
Read More >>Leading professional services company Accenture has made several acquisitions in Australia over the past 12 months. Following the acquisitions of tech firm BCT Solutions in June, big data and analytics company Analytics8 in August, and specialist go...
Read More >>It appears that Google is racing to catch up with Microsoft Azure and Amazon Web Services (AWS). The search engine giant has reportedly closed the $2.6 billion acquisition of data analytics startup Looker. Looker is now officially part of the Google ...
Read More >>Renewable deployment has garnered unprecedented momentum over the years and sustainable technologies are rapidly becoming a mainstream option in the power sector. Canadian energy giant Suncor is reportedly collaborating with wind energy OEM Siemens ...
Read More >>T-Mobile, the third-largest wireless carrier by subscribers in the U.S., has been awaiting a decision from a federal judge regarding its $26.5 billion megamerger with Sprint. The wait for Sprint and T-Mobile could soon be over. According to recent r...
Read More >>Dahua Technology USA Inc, a leading provider of video surveillance products and services, has reportedly unveiled a new range 5MP IP cameras for its cost-effective Lite Series. The new cameras are apparently equipped with smart motion detection (SMD)...
Read More >>Airlines are now spending more on aircraft maintenance than on crew and fuel expenses. Expansion of maintenance, repair and overhaul (MRO) service centers has been a key consolidation strategy within the aviation industry. Canadian aircraft manufact...
Read More >>China, the world’s largest auto market, is charging full speed ahead into electric vehicles. With Chinese citizens increasingly preferring electric mobility over traditional combustion vehicles, auto giants worldwide are apparently eyeing a spo...
Read More >>In today’s ‘never normal’ business environment, staying on top requires a dramatically different approach to tackling challenges and making decisions smarter and faster. Conventional supply chain planning and execution systems have ...
Read More >>China is apparently pushing ahead aggressively with the rollout of 5G networks in the UK. Chinese telecom major Huawei is currently being considered as one of the strongest contenders, with Nokia, Ericsson, and ZTE as competitors. According to lates...
Read More >>iPhone maker Apple is expected to launch a range of 5G-compatible products in the near future. This promises to provide firms who design wireless components an excellent opportunity to gain new business and supply components that are compatible with ...
Read More >>Technologies such as GPS and tactical radios are increasingly gaining prominence in modern warfare and play a critical role in countless military operations. British aerospace & defense contractor BAE Systems is reportedly buying Collins Aerospa...
Read More >>Huawei’s dispute with the U.S. government has apparently forced the Chinese smartphone giant to explore alternatives. Reportedly, the company has inked a deal with Netherland’s TomTom to supply location services for Huawei’s OS dep...
Read More >>South Korean tech giant Samsung Electronics Co., Ltd. has reportedly sealed a deal to take over Chantilly, Virginia-headquartered network service provider TeleWorld Solutions (TWS). With 5G deployment and 4G LTE enhancements advancing across the U.S....
Read More >>The manufacturing industry has evolved rapidly over the years and become more connected than ever before. Consequently, legacy physical security solutions are no longer sufficient enough to protect manufacturing operations. Cybersecurity leaders arou...
Read More >>American ecommerce major Amazon has partnered with numerous automakers in recent times to incorporate Alexa’s voice assistant technology into vehicles. Reportedly, the tech giant is now partnering with Italian luxury sports car maker Lamborghin...
Read More >>Silicon Valley automaker Tesla has recently declared plans to start deliveries of its China-made Model 3 sedans to the country’s public on January 7, 2020 at an event at its Shanghai-based plant. With this announcement, it appears that the Ame...
Read More >>South East Asia’s digital lending market is booming as digital payment firms continue to target younger consumers who extensively use smartphones to play, text, and stream videos and music. These brands are apparently aiming to offer faster ser...
Read More >>The highly-anticipated fifth-generation of mobile networks promises to transform the way businesses share data and make transactions. The technology is expected to fuel advancements in smart homes, smart cities, smart manufacturing, and 5G-based IoT ...
Read More >>Cannabis extraction company Halo Labs Inc. has reportedly inked a definitive agreement with Precisa Medical Instruments Corp. As per the agreement, the company will acquire all of Precisa’s common shares for CAD 3,750,000 in Halo common shares ...
Read More >>Cloud gaming has created significant buzz within the entertainment business, and it is taking the video game industry by storm. Leading video game developers are adopting collaboration strategies to introduce new cloud-based gaming services and platf...
Read More >>Italian-American automotive giant Fiat Chrysler Automobiles (FCA) and French automaker PSA Peugeot are reportedly in talks to unveil a merger memorandum of understanding on Wednesday. The merger, which was announced by the two companies earlier in O...
Read More >>5G mobile communication network, which promises super-fast data speeds along with building a foundation for smart homes, smart cities and smart spaces, is anticipated to be in place around major parts of the world in the near future. Telecom service ...
Read More >>Electronics major Panasonic Corporation is seemingly looking to make a mark in the vacuum insulated glass industry, after it entered the sector in 2017. The company has recently developed tempered vacuum insulated glass and another variant of the gla...
Read More >>Robotics is a rapidly and constantly evolving space. The deployment of robots to achieve home automation has completely revolutionized the industry and will continue to transform human lives in countless ways. Domestic robots are now becoming increa...
Read More >>Swedish autonomous truck startup Einride is reportedly partnering with Coca-Cola European Partners (CCEP) to test its electric driverless cargo pods on Sweden’s roads. As part of a commercial pilot, the startup will deploy its autonomous electr...
Read More >>Ford has made a number of efforts in recent years to incorporate recycled materials in its cars: from using soy products to make seat cushions, to making wiring brackets using tomato skins, to designing bamboo-based interior console components and ma...
Read More >>Seedland Group, one of China’s leading real estate companies, recently deployed Hachi Auto, an autonomous vehicles designed for residential communities, in its Guangzhou-based community Boston Ivy. Evidently, this makes Seedland the first compa...
Read More >>Oncolytic viruses are an emerging class of immunotherapy agents that preferentially infect and destroy cancer cells. Leading biotechnology companies are focusing their attention on the development of oncolytic virus products. WuXi ATU Co., Ltd., a w...
Read More >>The proliferation of ecommerce is providing merchants innovative opportunities to expand their businesses and drive revenue growth within and across borders. More and more businesses are moving their payment infrastructures to the cloud. An integrate...
Read More >>HP’s board of directors last week turned down Xerox’s takeover bid stressing that the deal would undervalue HP. Xerox had reportedly offered HP $22 per share (77% cash and 23% stock) for the company. HP seemingly believed that the deal wo...
Read More >>American biotech firm Senseonics Holdings, Inc. has recently published positive longitudinal performance of its Eversense® 90 and 180-day continuous glucose monitoring (CGM) system over multiple-sequential cycles in the peer-reviewed healthcare j...
Read More >>Self-driving cars still seem extremely futuristic. Their imminent debut is poised to reinvent the concept of driving. However, designing safe and reliable perception systems remains one of the trickiest challenges for automakers. AEye claims its lat...
Read More >>Hewlett Packard (HP) announced earlier this month that it received a takeover proposal from Xerox Holdings Corp, a potential deal that would reshape the industry. However, recent reports suggest that HP’s board of directors have rejected Xerox&...
Read More >>Excitement for the highly-anticipated 5G is building up. However, India’s wait for 5G could soon be over. Bangalore-based software giant Wipro is reportedly working within the Telecom Infra Project (TIP) to boost 5G adoption across the global t...
Read More >>Exascale computing is here and the technology is poised to bring promising advances in many diverse fields. Tech giants are aware of the fact that whoever controls the future of supercomputing owns the world. That is why leading software and hardware...
Read More >>In the eyes of tech giants such as Google, Apple, and Amazon, healthcare seemingly represents a massive business prospects. It’s no wonder these companies are exploring opportunities to lead healthcare innovation. Following Amazon’s purc...
Read More >>Baraja Pty Ltd, a leading developer of LiDAR technology headquartered in Sydney, has reportedly inked a collaboration with Japanese tech firm Macnica, Inc. The companies reportedly intend to deliver Baraja’s proprietary Spectrum-Scan™ Li...
Read More >>Conventional glass etching-based microfluidic devices have been prominently used in sensing and analysis for environmental, medical and biological applications. However, poor precision and higher costs associated with the production of these de...
Read More >>San Jose, California-based chipmaker Broadcom had reportedly been in advanced talks with cybersecurity software provider Symantec for the acquisition of its Enterprise Security business. Following months of discussions, the two companies have finally...
Read More >>Hong Kong-headquartered telco SmarTone has reportedly partnered with Sigma Systems, a leading provider of catalog-driven software solutions, to boost its digital transformation efforts. Apparently, SmarTone intends to leverage Sigma Systems’ s...
Read More >>San Francisco-based Internet of Things (IoT) platform, Particle, has reportedly secured $40 million during a Series C investment round, bringing its total funding raised to about $81 million. The latest round was led by Qualcomm Ventures and Energy I...
Read More >>Major investments in renewable energy by tech giants represent a critical step towards minimizing the global carbon footprint. Following Google’s announcement of its plans to make a global investment in sustainable energy, Amazon has recently a...
Read More >>Online shopping giant Amazon has recently announced its acquisition of healthcare startup Health Navigator. Apparently, this is just Amazon’s second purchase in the healthcare space following its acquisition of online pharmacy PillPack last yea...
Read More >>The Abu Dhabi National Oil Company (ADNOC) has reportedly partnered with the Adani Group as it seeks entry into the chemicals business. Earlier this year, Adani had teamed up with Germany’s BASF SE for the same. European chemical firm Borealis...
Read More >>SAS, a leading provider of analytics solutions, has reportedly extended its partnership with open-source technology developer Red Hat. Evidently, SAS will leverage its market leading analytics expertise to develop comprehensive hybrid cloud analytic...
Read More >>The urban streets are gridlocked, with vehicles barely inching their way forward. With ground transportation in many cities stretched to the limit, urban air mobility could act as a much-needed alternative for daily commute. Companies, from aerospac...
Read More >>Over the last few months the startups backed by Masayoshi Son have had a rough time, from WeWork’s messed up IPO to a considerable decline in Uber shares. Analysts had estimated that the damage for SoftBank could reach into billions of dollars....
Read More >>Atlanta-based transportation giant UPS recently declared its intentions to invest as much as $450 million in trucks powered by alternative fuels. The company said it plans to purchase over 6,000 CNG-powered trucks between 2020 and 2022. Sources fami...
Read More >>India’s IT sector has proliferated substantially over the years and is a major driver for the country’s economic growth and development. Indian IT giants have relied on timely acquisitions in an attempt to reinforce their services portfol...
Read More >>5G is being touted as the catalyst for smart city development. The technology is gradually propelling us into a new age of connectivity and will soon transform infrastructure like roads, traffic signals and streetlights into smart city assets. Autom...
Read More >>American fintech firms have long found it difficult to penetrate the Chinese e-commerce market. In November last year, New York City-based American Express became the first American card network to obtain a preliminary approval to build a domestic ca...
Read More >>In this modern era of wireless connectivity, while tech giants globally are experimenting with 5G and making efforts to expand Wi-Fi capabilities, American e-commerce major Amazon recently said it is developing a new wireless protocol for connecting ...
Read More >>Application scope of field-programmable gate arrays (FPGAs) is expanding due to the emergence of new use cases driven by proliferation of IoT. The latest update from the field-programmable gate space is that American technology developers Lattice Sem...
Read More >>Introduction of regulatory framework combined with cutting-edge technologies is set to transform the aviation industry landscape. With an increased focus on safety, leading technology companies are working on building innovative solutions using the l...
Read More >>With a growing focus on sustainable energy generation, increasing number of countries and companies are embracing cleaner technologies. The landscape is rapidly evolving and 2019 is poised to be an exciting year for clean tech. American multinationa...
Read More >>Japanese auto major Toyota has reportedly disclosed its plans to invest $391 million to expand its San Antonio-based plant that produces Tundra and Tacoma pickup trucks. Evidently, this will be the first expansion at the plant in nine years. Chris R...
Read More >>Sunnyvale, California-based optical transmission equipment provider Infinera Corporation has recently announced that OTEGLOBE has deployed the fourth generation of Infinera’s pioneering Infinite Capacity Engine (ICE4) technology to double its i...
Read More >>With the global automotive universe gradually inching towards autonomous vehicles, Bengaluru-headquartered IT giant Wipro has disclosed its plans to collaborate with Indian Institute of Science (IISc), Bengaluru, to develop autonomous cars and design...
Read More >>Artificial intelligence (AI) is advancing rapidly and has immense potential to contribute to the global economy. A growing number of prominent as well as emerging industries, including the energy sector, are experimenting with AI-based technologies s...
Read More >>Globally, the adoption of wearable artificial intelligence (AI) will be primarily driven by increasing concerns among consumers towards health and fitness. Rising prevalence of obesity and other cardiac illnesses around the world will boost the adopt...
Read More >>With remarkable advancements in technologies such as AI and machine learning, leading developers of imaging technology are finding ways to use it for more diverse applications. Headwall Photonics Inc, which designs hyperspectral and multispectral im...
Read More >>Warren Buffet’s Berkshire Hathaway owned battery manufacturer, Duracell Inc., has reportedly beaten industry rival Energizer Holdings and is set to take over the flagship company of BM Khaitan, Eveready Industries’ battery and flashlight ...
Read More >>Immersive technologies or extended reality (XR) is any technology that extends, emulates and recreates the reality we experience by merging the virtual and physical worlds and providing a fully immersive experience through digital simulation. These t...
Read More >>With the ever-growing popularity of mobile gaming and a booming 5G subscriber base across Korea, Seoul-based wireless technology developer SK Telecom has recently disclosed its plans to collaborate with American tech-giant Microsoft to deliver 5G-pow...
Read More >>According to the International Energy Agency (IEA), natural gas is major source of energy for importers across the Asia-Pacific (APAC) region. Overall LNG consumption is anticipated to further accelerate, and LNG trade is going through a remarkable g...
Read More >>Energy use in emerging economies, especially in the Asia-Pacific, has increased rapidly over the past few decades and will continue rise over the coming years. Robust economic growth, enhanced living standards and a booming populations have been the ...
Read More >>Digital banking has exploded in the past decade, and an increasing number of emerging businesses are embracing online banking as an alternative method to conduct financial transactions. Leading financial organizations worldwide are collaborating to m...
Read More >>With technology gradually taking over everyday tasks, it’s no wonder the future will be characterized by smart devices delivering convenient and insightful digital services across each and every aspect of our lives. The introduction of smart te...
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