About Author : Hrishikesh Kadam

Hrishikesh Kadam

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.



Contribution by Hrishikesh Kadam

Pure Storage takes over Portworx to support Kubernetes & containers

Storage as-a-service solutions provider, Pure Storage, has reportedly signed an agreement for the acquisition of leading Kubernetes data services platform, Portworx, for an approximate sum of $370 million. The transaction is reported to be the larges...

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MaxLinear purchases intellectual property provider NanoSemi Inc

Leading integrated circuits provider, MaxLinear, Inc., has reportedly announced its takeover of NanoSemi, Inc., the forerunner in the provision of intellectual property, deploying patented machine learning techniques for the enhancement of power effi...

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Syncron introduces new solutions to enhance Syncron Service Cloud

Syncron has recently announced two new releases to make significant enhancements to its Syncron Service Cloud. The Syncron Inventory 20.1 and Price 20.2 solutions are designed to assist OEMs (original equipment manufacturers) in enhancing their liqui...

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Google Cloud announces new no-code business application platform

Google Cloud has recently introduced its new Business Application Platform, which does not require any coding. In addition, the platform includes API management as well as data insights and automation facilities. Building on Google Cloud’s pri...

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Orange and Ericsson team up to start 5G network services in Spain

The 5G services offered by Orange Spain in Barcelona and Madrid are powered by Ericsson 5G RAN & Core products and solutions. The network is being provided in the country’s  two largest cities after the telecommunication company’...

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09 Solutions joins forces with Samsung SDS for global expansion of SCM

AI-based SaaS provider, O9 Solutions, has reportedly joined forces with Samsung SDS for worldwide expansion of enterprise planning solutions and Supply Chain Management. Together, the two companies will widen their existing client relationships and d...

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Verizon closes first fully virtualized 5G data session in the US

Verizon has reportedly completed its first entirely end-to-end virtualized 5G data session in the United States. This achievement creates the foundation for the company to rapidly respond to its clientele’s diverse computing and latency require...

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ConsenSys acquires JPMorgan’s enterprise blockchain platform

In recent years, blockchain technology has emerged as a key tool that can efficiently power cryptocurrency transactions. Since then, banks and other large organizations have been investing millions of dollars to develop new business applications usin...

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Epson America’s SureColor F10070 promises uninterrupted productivity

Epson America has recently unveiled SureColor F10070, the company’s first 76-inch industrial-level dye-sublimation solution. Reportedly, the new SureColor F10070 is priced at US$89,995 MSRP and is expected to ship directly from Epson America st...

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Nokia provides Sunrise with cloud-native Converged Charging Software

Swiss operator, Sunrise Communications, has reportedly announced that it has deployed Nokia Converged Charging Software to enable the rapid pricing, packaging, and promotion of its broad range of business and consumer services. With this deployment, ...

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Nuance expands speech recognition solution offering across the U.S.

Leading computer software company Nuance Communications, Inc. has recently confirmed the availability of Dragon Professional Anywhere, its cloud-based speech recognition solution, across the U.S. in multiple markets, which includes law enforcement, f...

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U.S-based Epic Games sues Google, Apple over app store guidelines

Epic Games, Inc., the U.S-based video game developer, has reportedly sued Apple and Google after the removal of its popular video game ‘Fortnite’ from their app stores. The move comes after Epic rolled out a direct payment feature on the...

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Ericsson, Telekom Slovenije jointly launch 5G network in Slovenia

Ericsson, in collaboration with Slovenian communications major, Telekom Slovenije, has reportedly announced the launch of first commercial 5G network in the country on July 23, 2020. The 5G rollout began within a week of the contract signing between ...

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FINEOS purchases underwriting solution provider Limelight Health

The insurance sector is becoming increasingly profit-oriented, prompting global leaders across underwriting, and technology fields to engage in strategic tactics such as M&As. To that end, Ireland-based insurance software leader FINEOS Corporatio...

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Xact Data Discovery buys out London-based Anexsys Group Limited

Leading international eDiscovery provider, Xact Data Discovery, has reportedly announced that it has acquired the London-based eDiscovery services company, Anexsys Group Limited. According to David Moran, the President and COO of XDD, the acquisitio...

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Globant buys gA to reinforce expertise in digital transformation

The digitally native technology services provider, Globant has recently confirmed that it has acquired gA to strengthen its position in the delivery of digital and cognitive transformation. One of the leading companies in digital and cloud transforma...

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Nokia provides 5G cloud-native core network services to Ooredoo Qatar

Finnish telecom and consumer electronics major, Nokia, has reportedly announced Ooredoo Qatar’s roll out of commercial 5G services via the deployment of Nokia’s cloud-native core network. The launch of this network has effectively enabled...

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Analog Devices buys out the HDMI business of Santa Clara-based INVECAS

American semiconductor major, Analog Devices, has reportedly announced that it has purchased the High Definition Multimedia Interface (HDMI) business owned by INVECAS, a software company known for providing system level and embedded software solution...

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Dassault and Bouygues bolster ties to reinvent the construction sector

Dassault Systèmes in association with Bouygues Construction has reportedly announced that both the companies are set to enter the next phase of their long-term commitment towards the reinvention of the construction industry. Bouygues Construct...

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Nokia’s EdenNet software to accelerate 5G deployment for Telstra

Nokia has recently confirmed the deployment of its EdenNet Self-Organizing Network (SON) software in Australia, to help Telstra in centralizing and automating network operations and support its shift towards 5G technology. Through the deployment of t...

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Omantel to tie up with Ericsson to support 5G RAN deployment plans

Oman’s first telecommunications company, Omantel, has reportedly announced that it has decided to join forces with Ericsson for supporting its current 5G radio access network (RAN) deployment plans. According to Samy Ahmed Al Ghassany, the Chi...

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Slack Technologies takes over enterprise directory provider Rimeto

Vancouver-based Slack Technologies Inc., has reportedly announced that it has acquired the enterprise directory reinventor, Rimeto. The deal will enable the direct integration of Rimeto’s advanced profile and directory features into Slack Techn...

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DocuSign acquires Liveoak to expand cloud-based agreement solutions

DocuSign has recently confirmed that it has acquired Liveoak Technologies, a startup from Austin, Texas, with the consistently rising need for remote agreement completion solutions, particularly during the COVID-19 pandemic and a global crisis. The a...

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VC3 acquires Sophicity to strengthen its geographic footprint

VC3, the Columbia-based IT service company, has reportedly acquired Sophicity for an undisclosed amount to strengthen its geographic footprint across five additional states. The addition of this established firm will also help VC3 to serve more local...

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Ericsson to work with UNIFE on 5G connectivity for European railways

The Association of the European Rail Supply Industry (UNIFE) is a key industry body in Europe which represents train builders and suppliers of rail equipment. Ericsson, reinforcing its commitments in the railway industry, has confirmed that it has jo...

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Keysight Technologies officially completes the acquisition of Eggplant

American technology services provider, Keysight Technologies Inc., has reportedly announced that it has officially completed the acquisition of digital automation intelligence specialist, Eggplant, from the Carlyle Group. This acquisition brings toge...

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Databricks confirms acquisition of data visualization firm Redash

Databricks has recently confirmed that it has acquired Redash Ltd., a startup based in Israel that offers data scientists an open source dashboarding and visualization tool for exploring their vast data easily. Databricks has also introduced a new an...

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Nokia and AT&T run successful 5G network trial of RIC platform

Nokia and AT&T are reported to have run a successful limited live trial of RAN Intelligent Controller (RIC) software platform jointly developed on commercial 5G mmWave network in New York City. It is believed that the RIC platform will leverage i...

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Motorola Solutions offers end-to-end communications offering

Motorola Solutions has reportedly declared its Private Broadband for Critical Infrastructure solution. With this, Motorola has become the solo technology provider offering end-to-end communications across data, voice, IoT, and video spanning interope...

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Netskope expands NewEdge network, opens Middle East data center

Decades-long digital transformation efforts have pushed the capabilities of the public internet to its maximum. However, the public internet being inherently unsecure and unpredictable is strained by enterprises that demand more security and users wh...

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O2 partners with Ericsson to expand its 5G network across the UK

O2 has decided to partner with Ericsson to further develop 5G networks in various towns and cities across the UK as the company looks to build a standalone 5G network. This expansion in 5G technology will play a big part in the economic recovery a...

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DataRobot partners with BCG and acquires its SOURCE AI platform

As enterprises worldwide increasingly deploy AI to enhance decision making and boost business performance, many struggle to derive value. A survey revealed that almost 70% companies report minimal or no impact of AI deployment. AI platforms that enab...

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Reliance Jio secures US$752m from ADIA, its 7th such deal in six weeks

Abu Dhabi Investment Authority (ADIA), a globally-diversified investment institution, recently joined a group of A-list global investors that have invested millions in Indian telco Reliance Jio, considering its unique potential to dominate India&rsqu...

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Deloitte Ireland expands cloud computing portfolio with DNM acquisition

In a post COVID-19 world, the need for digital transformation for IT and software enterprises is more pronounced than ever for greater agility, flexibility, and efficient business continuity. In a world where automation and faster time to innovation ...

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BMC Software closes Compuware acquisition deal to mainstream mainframe

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...

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Semiconductor Association to lobby for $37B to boost US manufacturing

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...

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Mitsubishi Electric unveils new ClariSense integrated IoT technology

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...

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Suralink partners with PKF Littlejohn to serve EMEA-based firms

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...

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Mota Ventures inks agreement to buy ecommerce firm Unified Funding

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...

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Tesla drops lawsuit against Alameda County as Fremont factory reopens

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...

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Standard Cognition acquires Checkout Technologies to seed Europe presence

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...

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Japan and US to enter economic security talks on 5G and dual-use tech

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...

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Rakuten to buy Innoeye to boost launch of new communications platform

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...

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Airtel picks IBM and Red Hat to build next-gen 5G-ready telco network

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...

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Waymo to resume self-driving operations in Phoenix, Arizona next week

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...

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Unity snaps up Finger Food to expand RT3D offerings beyond gaming

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 ...

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Nokia, Vodafone Hutchison to test first 700Mhz 5G spectrum in Australia

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...

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Northern Data AG poised to acquire Canada-based Kelvin Emtech Group

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...

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Atos ups AI and big data game with the acquisition of Miner & Kasch

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...

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CoMeet Alliance, VFOSSA rollout online conferencing tool in Vietnam

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...

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Verizon in talks to buy Zoom rival BlueJeans amid work-from-home surge

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...

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DCI buys AFT Analytics’ Vetter to enhance digital banking portfolio

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...

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AT&T announces free 3-month FirstNet plan for frontline medical staff

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...

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Accenture bags enterprise cybersecurity firm Revolutionary Security

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...

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AScorpi brings the first rights & license management cloud offering

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 ...

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Fujitsu looks to expand biometric capability with Fulcrum acquisition

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...

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Convergency enables remote analytics and cloud for healthcare sector

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...

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Toshiba unveils efficient power MOSFETs for industrial equipment

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...

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Prisma Health unveils ventilator extension device for COVID-19 patients

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...

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Samsung’s latest all-in-one PMICs allow wireless earbuds last longer

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...

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Nokia to help LG Uplus upgrade IP transport and core networks for 5G

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...

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Apple launches latest iPad Pro with trackpad support & LiDAR scanner

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 ...

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Nokia & Chunghwa ink 5G contract to boost presence in Taiwan 5G market

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...

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Relief Therapeutics to test RLF-100 for ARDS in patients with COVID-19

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...

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Detroit carmakers, UAW form COVID-19 task force to safeguard workers

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...

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InsidePacket to deliver edge-cloud for networking through SONiC

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...

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Tata Steel looks away from Covid-19 hit China to source inputs

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....

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GM’s new EV battery comes with more capacity and fast-charge support

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...

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AT&T, Sprint, Verizon, and T-Mobile under scrutiny over privacy breach

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...

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Boeing inks deal with manufacturers to cover 737 Max jet engine costs

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...

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Huawei’s new Mate Xs foldable boasts tougher display & stunning specs

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 ...

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China’s MAD Gaze secures US$19M funding to expand into new territories

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...

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HTC expands Vive Cosmos VR lineup with two new headset offerings

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 ...

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Google Cloud N2D VMs to be powered by second-gen AMD EPYC ™ processors

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...

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Accenture snaps up Icon Integration to boost SAP, BI capabilities

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...

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Google completes $2.6B acquisition of data analytics startup Looker

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 ...

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Siemens Gamesa secures 205MW Canadian order from Suncor Energy

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 ...

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U.S. District judge to reportedly clear $26.5B T-Mobile-Sprint merger

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...

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Dahua USA to launch SMD-powered 5MP IP camera for its Lite Series

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)...

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Bombardier to double its London Biggin Hill service center capacity

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...

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Tesla shares skyrocket as it confirms battery supply deal with CATL

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...

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LLamasoft unveils llama.ai, an AI-based smart decision making platform

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 ...

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UK to agree on restricted 5G role for Huawei, to impose market cap

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...

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Apple inks multi-year chip supply deal worth $15B with Broadcom

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 ...

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BAE Systems buys military GPS, radio businesses from US defense firms

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...

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Huawei to use TomTom’s location services on future smartphones

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...

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Samsung aims to advance U.S. 5G plans with TeleWorld acquisition

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....

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Rockwell Automation bags Israel’s Avnet to boost cybersecurity efforts

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...

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Alexa voice assistant tech is coming to Lamborghini and Rivian cars

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...

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Tesla to deliver locally-made Model 3s to Chinese customers from Jan 7

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...

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Razer-led consortium seeks full digital banking license in Singapore

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...

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Vodafone Hutchison Australia, Nokia to roll out Australian 5G network

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 ...

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Halo inks deal with Precisa, to acquire CBD dosing technology Accu-Dab

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 ...

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Tencent START cloud gaming platform to be boosted by NVIDIA’s GPU

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...

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Fiat Chrysler and PSA Peugeot to reportedly unveil 50-50 merger MoU

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...

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Telefonica Deutschland appoints Huawei to help build German 5G network

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 ...

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Panasonic unveils tempered vacuum insulated glass technology

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...

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Guru IoT presents PEDDY, a smart robotic companion for pets

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...

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CCEP to test drive Einride’s autonomous cargo pods in Sweden

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...

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Ford to use McDonald’s coffee waste to make headlights and other parts

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...

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Seedland launches China’s first UGV for residential communities

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...

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WuXi ATU and GeneMedicine partner to develop oncolytic virus products

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...

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ACI and Salesforce to provide unified ecommerce solution on the cloud

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...

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HP rejects Xerox’s takeover bid yet again, doubts Xerox’s viability

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...

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Senseonics’ Eversense® CGM system demonstrates promising performance

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...

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World’s first in-sensor perception system for autonomous cars is here

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...

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HP’s board turns down takeover bid from Xerox citing undervaluation

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&...

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Wipro to collaborate with TIP to accelerate 5G adoption for enterprises

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...

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Cray and Fujitsu team up to build A64FX Arm®-powered supercomputer

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...

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Google Cloud and Ascension to build data-driven healthcare solutions

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...

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Macnica and Baraja partner to bring LiDAR technology to Japanese OEMs

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...

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Panasonic, IMT to mass produce microfluidic devices by glass molding

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...

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Broadcom closes $10.7B deal to acquire Symantec’s enterprise business

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...

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SmarTone partners with Sigma Systems to speed up digital innovations

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...

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Particle secures $40m funding to boost IoT technology adoption

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...

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Amazon confirms three major clean energy projects across the U.S., U.K.

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...

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Amazon buys another health startup to boost Amazon Care capabilities

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...

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ADNOC, Adani-BASF to set up $4B chemical complex in Mundra, Gujarat

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...

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SAS and Red Hat to deliver advanced hybrid cloud analytics solutions

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...

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Porsche and Boeing to collaborate on “Premium” electric flying cars

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...

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SoftBank eyes control of WeWork through finance package worth billions

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....

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UPS to invest $450 million to acquire over 6,000 CNG-powered trucks

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...

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Infosys bags Eishtec to expand BPO services in the Irish Market

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...

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Audi signs 5G agreement with Deutsche Telekom and City of Ingolstadt

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...

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PayPal acquires GoPay, becomes first foreign payment platform in China

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...

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Amazon presents Sidewalk for long-range connectivity of IoT devices

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 ...

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Lattice, Synopsys extend multi-year software OEM licensing agreement

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...

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Softeco and Fincons to design new aviation safety platform ECCAIRS 2.0

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...

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Google touts ‘largest corporate purchase’ of solar and wind energy

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...

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Toyota mulls investing $391M in San Antonio truck assembly plant

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...

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OTEGLOBE deploys Infinera’s ICE4 to double subsea network capacity

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...

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Wipro and IISc to explore autonomous cars, metal 3D printing in India

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...

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Baker Hughes-C3.ai JV unveils AI-based software BHC3 Reliability™

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...

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Wearable AI and its rising penetration in healthcare industry

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...

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Battelle to use Headwall’s spectral imaging sensors to detect opioid

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...

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Warren Buffet’s Duracell eyes Eveready’s battery & flashlight business

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 ...

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Immersive Technologies and their contribution towards smart city development

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...

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SK Telecom and Microsoft to introduce 5G-based cloud gaming in Korea

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...

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India’s H-Energy partners with Novatek to boost LNG trade in Asia

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...

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Reliance Power and JERA to set up 750MW power plant in Bangladesh

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 ...

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TSB and Square team up to make card payments more accessible for SMEs

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...

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Smart spaces – Driving digital transformation of economies

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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