About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.



Contribution by Pankaj Singh

Schneider Electric and Orange deploy indoor 5G in France-based factory

Telecom operator Orange, alongside energy management and digital transformation leader Schneider Electric, has declared the debut deployment of indoor 5G in the industrial sector in France. The deployment will performed as a part of a trial, on exper...

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Stripe leads $12m series A funding round for Manila-based PayMongo

PayMongo, an online payments platform based in the Philippines, has recently secured a $12 million series A round, which was led by Stripe. The company was the first Filipino fintech startup to participate in Y Combinator’s accelerator program....

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Cerberus Cyber Sentinel Corporation takes over Clear Skies Security

Scottsdale-based cybersecurity consulting firm, Cerberus Cyber Sentinel Corporation, has reportedly announced the acquisition of Atlanta-based cybersecurity assessment company, Clear Skies Security LLC. As per the deal, Clear Skies will become a comp...

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AT&T, Microsoft join forces to connect machines, equipment to cloud

Microsoft and AT&T have reportedly joined hands for developing technologies that seamlessly connect equipment and machines to the cloud via the establishment of a highly secure network connectivity at the global level. The collaboration comprises...

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Huawei Thailand to invest 475M baht to set up 5G innovation hub

Huawei Thailand has reportedly announced plans towards investing 475 million baht for the establishment of a 5G innovation hub at the headquarters of the country’s Digital Economy Promotion Agency. The move intends to research on 5G use cases a...

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TikTok to remain a ByteDance subsidiary under deal with Donald Trump

Tiktok’s Chinese owner, ByteDance, has reportedly announced that TikTok’s Global Operations will continue to remain its subsidiary, even though Walmart Inc and Oracle Corp have stated that they and U.S. investors would be the majority sta...

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Ericsson rolls out Packet Core Firewall to advance 5G core security

Ericsson has reportedly announced the launch of Ericsson Packet Core Firewall for advancing its 5G core network security services that are to be offered in its communication service providers. Core network security is a prominent factor in the forwa...

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NVIDIA to build Arm-powered AI Research Center in Cambridge, U.K.

NVIDIA is building a world-class AI Research Center in Cambridge, to act as a hub for collaboration among AI researchers, startups and scientists not only across the U.K. but also worldwide. The Center will be home to an Arm-based supercomputer and w...

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Verizon offers U.S. network equipment contract to Samsung Electronics

American telco Verizon has inked a deal with Samsung Electronics for providing wireless communication solutions for Verizon in the U.S. The $6.64 billion worth order represents a significant leap for Samsung towards reinforcing its position in the fa...

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Chainlink to enhance data security with the acquisition of DECO

The leading decentralized financial data source, Chainlink, has confirmed that it has acquired DECO from Cornell University. With this move Chainlink, which secures more than $3 billion in value, looks to enhance the data security for data transferre...

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McAfee MVISION meets security requirements for U.S. gov applications

Leading cybersecurity company McAfee has recently confirmed that its MVISION for Endpoint, at the moderate security impact level, has Federal Risk and Authorization Management Program (FedRAMP) Authorization designation. It implies that the solution ...

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General Motors to roll out 5G-connected vehicles in China from 2022

General Motors has reportedly announced plans to roll out 5G-connected vehicles in China beginning in 2022, with an intention to expand the company’s connected and in-vehicle technologies. According to Julian Blissett, the President of GM Chin...

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Nvidia builds Selene, the 7th fastest supercomputer in the world

Nvidia had completed building the 7th faster supercomputer in the world in just one month. Named Selene, the machine is quite unique owing to the fact that it houses GPU-accelerated DGX SuperPOD architecture from Nvidia, which is available commercial...

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Fortinet offers firewall for 5G network and hyperscale data centers

Leading cybersecurity provider Fortinet has recently unveiled a firewall product focused on 5G networks and hyperscale data center environments. With this move, the firm aims to continue pushing the limits of hardware-accelerate performance around se...

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Google Cloud and Informatica expand partnership to boost SAP analytics

Enterprise cloud data management leader, Informatica, has reportedly announced that it has extended its strategic agreement with Google Cloud for the acceleration of analytics with SAP and BigQuery on Google Cloud Platform. The deal integrates Inform...

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GOQii to expand health tech offerings to UK, Japan and Southeast Asia

GOQii, health tech company headquartered in California and serving consumers in India, is reportedly planning to expand its operations into global markets like the U.K., Japan and few Southeast Asian countries. It will look to offer its smart wearabl...

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Visa to support blockchain and digital currency networks for customers

Blockchain technology, and the secure payments systems it promises, is gradually being supported by traditional banking institutions and financial solution providers. Visa, the global financial services company, has indicated its support towards bloc...

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Verizon joins forces with Microsoft to surge IoT solution development

American telecommunications major, Verizon, has reportedly announced that it is planning to join forces with Microsoft to facilitate the simplification and acceleration of the company’s end-to-end IoT solution creation. The move aims to integra...

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Perforce reinforces position in DevOps with Methodics acquisition

A leading provider of enterprise team solutions, Perforce Software, Inc. has confirmed the acquisition of Methodics Inc., which provides IP lifecycle management & traceability solutions to businesses. With this deal, Perforce is able to strengthe...

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Nokia secures IP/MPLS network deal with Thailand’s True Group

Finnish information technology and consumer electronics major, Nokia, has reportedly secured an IP/MPLS network deal with Thailand-based digital lifestyle designer, True Group. The network solution furnished by Nokia will be deployed in Thailand&rsqu...

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Nokia announces upgrade to migrate 5 Mn legacy 4G radio units to 5G

Telecommunications conglomerate Nokia has reportedly declared the availability of a unique software-based upgrade which will allow for 4G/LTE radios to be seamlessly migrated to 5G/NR. These features are likely to have a high value for Nokia users as...

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Analog Devices reportedly in discussion for acquiring Maxim Integrated

Analog Devices Inc., the American chipmaker, is reportedly in discussions to buy Maxim Integrated, which has a market cap of US$17.1 billion. The Wall Street Journal reported about the talks in a recent articles, which also indicated that if successf...

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IBM signs deal to take over RPA software provider WDG Automation

American technology major IBM has reportedly announced that it has signed a definitive agreement for the acquisition of Brazilian RPA software provider, WDG Automation. The deal will enhance IBM’s AI-infused automation technology further expand...

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Accenture works with Japan’s University of Aizu on smart city platform

Technology giant Accenture and University of Aizu in Fukushima, Japan, will reportedly perform a joint research on the development of the first standard API marketplace for smart cities in the country. Essentially, an API marketplace represents a cha...

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Vodafone NZ unveils cloud contact center powered by AWS platform

With the consistently rising demand for flexible cloud based services and solutions owing to the worldwide coronavirus outbreak, telecom giant Vodafone New Zealand has launched Vodafone Connect, a new cloud contact center solution that runs on Amazon...

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MercyAscot boosts digital health strategy with InterSystems’ TrakCare

A leading provider of healthcare services in New Zealand, MercyAscot, has recently confirmed that it has gone live with the Patient Administration and Billing functionality of InterSystems TrakCare with the COVID-19 lockdown in the country, with a fu...

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Verizon joins hands with Digital Catapult to develop 5G accelerator

American telecommunications major Verizon has reportedly entered into a partnership with UK’s digital technology agency, Digital Catapult, to launch an accelerator program aimed at developing innovative 5G solutions for business establishments....

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NVIDIA brings AI solution to minimize InfiniBand data center downtime

NVIDIA has recently announced a solution for minimizing downtime at the InfiniBand supercomputing data centers. Named the NVIDIA® Mellanox® UFM® Cyber-AI platform, it utilizes artificial intelligence based analytics for detecting any secu...

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Electronics firm Qualcomm plans to open new production unit in Vietnam

The advent of 5G has brought about a new horizon in the world of telecommunication. Companies worldwide have been adopting 5G and investing in 5G technology as it is being touted as the next most significant development that will foster the next wave...

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Microsoft completes takeover of ADRM Software on data lake generation

Renowned tech major Microsoft has reportedly claimed that it has purchased industry data model provider ADRM Software. Sources claim that the technology company aims to combine the models with storage as well as compute from Azure, thereby helping to...

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Gitlab puts forth an acquisition offer for Peach Tech and Fuzzit

  This acquisition will enable Gitlab to become the first company to provide security solutions in coverage guided and behavioral fuzz testing techniques. This will further enhance the company’s security capabilities and enhance develo...

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Orion Innovation takes over Zodiac Systems to expand core IP

London-based product development and management firm Orion Innovation has reportedly acquired Zodiac Systems, a video service delivery software maker based in New York. Orion apparently intends to leverage Zodiac’s robust video expertise and s...

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Aetina launches edge AI computer AN110-XNX for smart applications

Aetina is using 5G communications capability and full function browser-based edge device management to develop Jetson Xavier NX based edge computing platforms. Aetina Corp. has reportedly rolled out the its new edge AI computer—AN110-XNX&md...

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Telia rolls out commercial 5G in Stockholm powered by Ericsson RAN

Swedish communications giants Telia and Ericsson have successfully partnered on several 5G projects, including the launch of Sweden’s first live 5G network at the KTH Royal Institute of Technology in December 2018 and a partnership with Volvo t...

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KKR to acquire 2.32% stake in Reliance Jio for INR 11,367 crore

Reliance Industries has recently confirmed that the private equity firm KKR has planned to invest INR 11,367 crore into Jio Platforms for acquiring a 2.32% stake. This would be the fifth significant deal announced by the Indian conglomerate over the ...

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Nokia enters 5G solutions supply deal with Taiwan Star Telecom

Finnish telecom equipment maker Nokia has reportedly bagged a new 5G deal from Taiwan Star Telecom (TST). As per the deal, Nokia will supply its end-to-end AirScale Radio Access Network (RAN) portfolio. The RAN portfolio will help TST to deploy non-...

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Atlassian snaps up real-time messaging and helpdesk startup Halp

The ongoing global COVID-19 pandemic has made collaboration platforms essential for businesses looking to remain productive with their workforces largely distributed. Messaging platforms like Slack and Microsoft are increasingly popular as work from ...

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Apple Inc. could become one of India’s largest electronics exporters

Amid the coronavirus outbreak which started in Wuhan a few months ago, several companies are looking to move out of China. India is hoping to attract some of these multinational companies, that are seeking alternatives to China for shifting their pro...

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Franklin Resources confirms the acquisition of fintech AdvisorEngine

Franklin Resources, Inc., an investment organization that has been working on a global level as Franklin Templeton, recently announced the acquisition of AdvisorEngine Inc., which is essentially a digital wealth program as well as the provider of con...

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Govt. satellite services provider buys Cytta’s stream compression tech

Cytta Corp has confirmed that its SUPR Stream 2.0 Compression systems have been sold to a strategic partner, a Value Added Reseller (VAR) which is one of the leading providers of confidential satellite services to the U.S. government. The VAR has no...

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Indian fintech Paytm reportedly seeks new investment from Microsoft

Cloud technology and digital payment solutions are a key combination in todays world. Both these areas in the tech sector have become highly competitive, particularly in developing nations. India’s digital payments giant Paytm is reportedly in...

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Startup Funding Club secures £10M from BBI to assist UK-based startups

Entrepreneurs, startups, and early-stage businesses are among the most vulnerable groups that have been directly affected by the preventive measures taken by governments to control the global coronavirus pandemic. The government of UK and leading in...

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BCM One expands SIP Trunking offerings with nexVortex acquisition

New York-based IT service management firm BCM One, Inc., has reportedly completed the acquisition of managed network SIP Trunking services provider nexVortex. The deal marks BCM One’s third acquisition so far. The addition of the nexVortex tea...

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CocoTaps buys ROBO BEV to safely deliver coconuts amid COVID-19 panic

Las Vegas-headquartered CocoTaps LLC has reportedly acquired Robotic Beverage Technologies (ROBO BEV) to speed up the development of Coco Tapomatic, which is scheduled for launch later this year. For the record, CocoTaps was founded by Coco Vinny in...

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Regeneron and Zai Lab to develop and commercialize REGN1979 in China

American biotechnology company Regeneron Pharmaceuticals is reportedly collaborating with Chinese biopharmaceutical firm Zai Lab Limited to develop and commercialize REGN1979 in mainland China, Taiwan, Hong Kong, and Macau. REGN1979 is an advanced b...

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Koch Industries acquires Infor to foster digital transformation

Over the past few years, Koch companies have amassed more than US$26 billion in technology-related investments, transforming a diverse portfolio of businesses spanning multiple industry verticals. As per recent reports, Koch Industries, Inc., has rec...

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Strivr raises $30M in Series B round to expand VR training offerings

Strivr has recently announced that it has secured $30 million in its Series B funding round that was headed by Georgian Partners. While the round was also joined by the new investors like Franklin Templeton as well as Prologis Ventures. Several ente...

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Nokia offers AI as a service to help telcos with 5G network automation

With the proliferation of 5G, IoT, and connected devices, CSP operational teams need to efficiently manage an ever-growing complexity through virtualization, network slicing, new use-cases and service requirements. The need for AI and automation is g...

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Mobile marketplace OfferUp secures $120M, agrees to buy rival Letgo

OfferUp – a Washington based leading online and mobile marketplace app has reportedly announced the raising of nearly US$120 million in a funding round led by OLX group and various others. According to the deal, OfferUp will purchase the classi...

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QIAGEN deploys QIAstat-Dx Respiratory SARS-CoV-2 test kits in Europe

Netherlands-based Qiagen, a leading provider of sample and assay technologies, has recently developed the first syndromic testing solution in the European Union for use in the coronavirus outbreak. As per recent reports, the company obtained CE mark...

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Mitsubishi Electric offers MEMS LiDAR to make autonomous driving safer

Leading electronics manufacturer Mitsubishi Electric Corporation has unveiled a new compact LiDAR solution equipped with micro-electromechanical system (MEMS), which can improve the accuracy in detecting the shapes and distance of objects, by offerin...

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World’s first Wi-Fi 6 8K QLED TV is here thanks to Samsung and MediaTek

Wi-Fi 6 is the latest wireless standard which brings a greater transmission throughput while minimizing power consumption. Integration of Wi-Fi 6 connectivity into smart TVs promises to offer viewers a much smoother streaming experience. Chipmaker M...

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Taiwan’s Metanoia raises $19.3M in funds to boost 5G chip launch

Constant technological developments and the need for high-speed network solutions within residential and commercial applications is a major factor fueling the deployment of 5G services across the globe. Taiwan based Metanoia Communications Inc., a l...

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Apple loses patent appeal worth USD 440 million against VirnetX

·         The companies are involved in another battle stating that the redeveloped systems for FaceTime and VPN may continue to violate the patent technology. ·     &nbs...

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Uber enhances passenger safety with a new in-app reporting feature

In its recently released safety report, Uber disclosed 3,045 incidences of sexual assaults during Uber trips in 2018. Also, nine riders were murdered during Uber rides while 58 people died in road crashes. Interestingly, drivers reported being victim...

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Apple could end up using Qualcomm antennas in the upcoming 5G iPhone

Most flagship 5G smartphones available today, including the newly launched Samsung Galaxy S20 series, feature Qualcomm modems. According to recent reports, iPhone maker Apple is expected to use Qualcomm hardware to power its upcoming range of 5G smar...

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Reuters to factcheck Facebook posts ahead of US presidential elections

Eye-witness photos, videos and other information distributed by news agency Reuters already go thorough media verification process. However, it seems that the publisher is now bringing that expertise to the fight against misinformation on social medi...

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German carmakers push for more sustainable lithium mining in Chile

Chile, as a global hotspot for lithium mining, has spurred several concerns over sustainability issues. These concerns have apparently also raised scrutiny over mining practices around cobalt and copper in addition to lithium. All of these metals are...

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Removal of Huawei from core network to cost Vodafone US$220 million

The UK recently approved a limited role for Chinese telecom major Huawei in new mobile networks despite US pressure. The country had also excluded the brand from the core and imposed a 35% cap on Huawei equipment that carriers can’t exceed. Fo...

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HPE snaps up IAM startup Scytale to up edge-to-cloud security game

Enterprises worldwide are embracing hybrid environments and moving critical workloads to the cloud. However, cloud security has become a major concern for cybersecurity professionals. Businesses need to be on a constant lookout for cloud-native cyber...

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UPS confirms investments to build self-driving electric truck fleet

Global package delivery giant UPS aims to benefit from a booming e-commerce industry and will incorporate electric trucks to shift towards a more sustainable fleet. The company further plans to build a “super hub” to support operations, a...

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GM revamps its Detroit-Hamtramck plant for all-electric production

Pickup trucks hold a substantial share in America’s auto sector. Several automakers, both established and upstart, are building electric pickup trucks as they prepare for the ‘rEVolution’. American auto major General Motors Company...

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ServiceNow acquires Loom Systems to enhance AIOps capabilities

US-based enterprise cloud computing company ServiceNow has reportedly acquired Israeli AIOps firm Loom Systems. The acquisition will help ServiceNow expand its AIOps capabilities to offer customers more in-depth knowledge of their digital operations....

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Anexinet to help eMoney enhance Software-as-a-Service capabilities

Ongoing advances in financial technology or fintech are enabling businesses to navigate risks while cutting costs. In today’s dynamic era, digital transformation is positively impacting the financial services industry and it promises to drive u...

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UK EV startup Arrival secures $110 M investment from Hyundai & Kia

Even as electric vehicles continue to take the consumer market by storm, automakers are now shifting focus to delivery vehicles to give EVs a boost. In fact, delivery vans are becoming increasingly considered as the “trojan horse” for EV ...

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Samsung, Microsoft and Verizon to bring Galaxy XCover Pro to US market

As smartphone technology continues to drive business disruption in numerous positive ways, businesses are continuing to talk about mobile phones as a key element in business innovation. Tech giants are exploring ways to bring smartphone innovation to...

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Walmart explores grocery pickup and delivery tech to take on Amazon

The shifting consumer preference towards online shopping is driving majority of today’s retail trends. In the eyes of retail giants, online shopping is no longer a trend, but the key to retail success. Brands like Amazon and Walmart have seamle...

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Byton confirms app developer program to enhance electric SUV features

The deployment of innovative vehicle navigation and infotainment systems featuring HD touch screen displays with a wide range of functionality promises superior safety and an enhanced driving experience for EV consumers. Automakers worldwide are maki...

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Rivian secures $1.3B in new funding to race past rival EV startups

As the trend of electric mobility advances, more and more pickup and delivery trucks are going electric. Trucking industry leaders have apparently started planning for this change in the electric vehicle space by introducing newer models. While prom...

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TiVo and Xperi announce $3B merger, creating a licensing and IP giant

Two of America’s leading technology brands have recently announced a merger that could create one of the world’s largest licensing companies. Software firm TiVo Corporation is reportedly combining with semiconductor manufacturer Xperi Cor...

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Hyosung buys MEPPI’s high-voltage transformer plant in U.S. for $46.5M

South Korean industrial conglomerate Hyosung Heavy Industries is seemingly aiming to reinforce its presence in one of the world’s largest electric power markets. The company has reportedly obtained its first production base in the U.S. Hyosung...

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BIONIK to use Propel’s PLM & QMS offerings to boost product development

Canadian medical devices and robotics company BIONIK Laboratories Corp. has reportedly selected Santa Clara, California-based Propel to be its Product Lifecycle Management (PLM) and Quality Management System (QMS) solutions provider. The company see...

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Cadence, National Instruments partner on electronic system innovation

Cadence Design Systems and National Instruments Corp. (NI) have reportedly confirmed a strategic alliance for system innovation. The companies will join forces to develop an integrated design for testing flow, leveraging reusable data and test IP fro...

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Amazon launches new healthcare service Amazon Transcribe Medical

Amazon seems to have made its next major move in healthcare as it announces the launch of a new voice transcription technology. The tech giant claims it will enable healthcare professionals to enhance patient care by spending more time with patients ...

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Facebook is buying the studio behind hit VR rhythm game Beat Saber

Virtual reality is turning out to be a ‘game changer’ for the gaming industry. VR is currently one of the hottest topics among tech enthusiasts and lifestyle trends. The technology is all about providing a realistic and immersive simulati...

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Microsoft, Innodisk present InnoAGE™ SSD with integrated Azure Sphere

Two trends currently dominating the tech world are artificial intelligence (AI) and internet of things (IoT). The emergence of artificial intelligence of things (AIoT), a lethal combination of AI and IoT, is anticipated to redefine the future of conn...

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Amazon takes formal action against Microsoft’s $10B cloud contract win

Last month, the Pentagon awarded a $10 billion, 10-year cloud contract, known as the Joint Enterprise Defense Infrastructure, or JEDI, to Microsoft. The massive contract was widely anticipated to be awarded to Amazon Web Services (AWS), which previou...

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Tencent eyes Nintendo characters to target U.S., Europe console gamers

As the Chinese government has tightened domestic scrutiny over video games with measures including a curfew for gamers under 18, Chinese gaming giants are now apparently eyeing the U.S. and Europe videogame markets. Tencent, the world’s larges...

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Elgama-Elektronika to use ADI’s mSure® technology in its smart meters

American multinational semiconductor manufacturer Analog Devices, Inc. (ADI) has reportedly partnered with Elgama-Elektronika, a leading manufacturer of static electricity meters based in Lithuania. Evidently, Elgama plans to integrate ADI’s m...

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Tai Ling’s new e-scooters to use Gogoro swappable battery network

Established as a long time commercialization partner of Suzuki, Tai Ling will reportedly be introducing a new brand of electric scooters, called e-Ready, powered by Gogoro’s swappable batteries. The partnership will allow Tai Ling to launch its...

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BISTel, SK Telecom unveil IoT-powered asset health monitoring solution

A leading provider of smart manufacturing solutions, BISTel has recently introduced Grandview® Asset Performance Management (APM), powered by SK Telecom’s cloud-based and IoT enabled equipment performance management solution, Metatron®....

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Google reportedly eyeing global wearable tech manufacturer Fitbit

Wearable technology and its applications have grown by leaps and bounds in recent years and the competition is heating up with every passing year. Apple, Samsung, Xiaomi, Fitbit and Huawei are some of the prominent names associated with commercially ...

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Amazon to contest Pentagon’s decision awarding JEDI deal to Microsoft

After Microsoft was awarded the $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract in the previous week, Amazon has reportedly decided to challenge Pentagon’s decision, alleging that the unlikely deal was a result of President ...

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Renault to add hydrogen fuel-cells to its electric delivery vans

French automotive giant Renault has confirmed that it will equip its electric light utility vehicles, Kangoo Z.E. and Master Z.E., with hydrogen fuel-cell system for extending their range to nearly 370 kms. The fuel-cell would be only deployed as a r...

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Beachhead Solutions reinforces MSP security with SimplySecure 6.5

Leading provider of cloud-managed PC and mobile security for Managed Service Providers (MSP), Beachhead Solutions has confirmed the launch of SimplySecure version 6.5. The latest upgrade will deliver new features for MSPs who want to attract new cust...

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Ford in talks to launch America’s largest EV charging network FordPass

American automaker Ford recently declared that it intends to build the country’s largest electric vehicle (EV) charging network, FordPass. Ford claims that its chargers will be compatible with all EVs. The automaker reportedly plans to build o...

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Panasonic, IBM Japan partner on semiconductor manufacturing technology

Internet of things (IoT) and 5G have emerged over time to form a promising combination that will help businesses deliver faster and more multi-functional solutions. This apparently has resulted in manufacturing processes that incorporate advanced pac...

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AT&T sheds Puerto Rico, Virgin Islands assets for $1.95B to ease debt

Dallas-based media and telco major AT&T Inc. has reportedly disclosed plans to sell its assets in Puerto Rico and the U.S. Virgin Islands, including landline, cellular and internet businesses, to Liberty Latin America Ltd. With this $1.95 billio...

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Vice Media takes over Refinery29 to reach more millennial women

Canadian media company Vice Media’s purchase of Refinery29 is the latest mega-merger between two venture-backed digital media firms that are apparently looking to consolidate for survival against broadcasting giants. Rumors had been surfacing ...

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AXA XL partners with Accenture to deliver cybersecurity solutions

Insurance sector has become one of the major beneficiaries of digital transformation with leading companies looking to strengthen their market position by providing faster and reliable services. AXA’s property & casualty and specialty risk...

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Facebook buys CTRL-labs to boost its brain-machine interface efforts

American social media giant Facebook has been on a startup acquisition spree for the past few years. Following the acquisition of several tech startups including Confirm.io, Bloomsbury AI, RedKix and Chainspace, the brand has made it to the front pag...

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Eros Now and Microsoft to build next-gen online video platform in India

OTT service providers across India are locked up in a fierce competition for viewership and exclusive content. Majority of brands are customizing their platforms for mobile viewers and focusing on introducing tools to facilitate enhanced viewing even...

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Lenovo Carme or Mi Band 4 – Fitness tech competition intensifies

Fitness trackers have become one of the most sought after consumer goods space in recent years, with numerous technology companies developing fitness bands or smartwatches to help people maintain a healthy living. Chinese manufacturers are leading th...

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Intel to use 3D athlete tracking, VR to enhance Tokyo 2020 broadcast

American tech major Intel Corp has recently disclosed its plans to unveil a range new technology products at the upcoming Tokyo 2020 Olympic Games, including AI-driven 3D tracking of athletes to enhance the broadcasts of events. The brand stated tha...

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Peter Thiel’s Mithril Capital invests $45M in InMobi Group’s Glance

Artificial Intelligence (AI) is being hailed as the backbone for a number of groundbreaking smartphone applications. App developers around the world are focusing on introducing AI-driven platforms to boost their product offering in regional as well a...

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Alibaba pays $2B to acquire China’s cross-border shopping portal Kaola

Chinese ecommerce company Alibaba has recently announced that it intends to purchase Kaola, a cross-border ecommerce business, from Chinese internet technology company NetEase in a transaction worth $2 billion. For the record, Kaola sells imported p...

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Samsung to reportedly launch second foldable smartphone in 2020

Foldable displays have become the next key area of focus for smartphone makers and display manufacturers. This has been evident from the incessant buzz about Samsung Electronics’ Galaxy Fold, Royole’s Flexpai, Huawei’s Mate X and ma...

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U.S. inks 5G security agreement with Poland amid Huawei controversy

U.S. President Donald Trump has long accused China of intellectual property theft and unfair trading practices. Since last year, China and the U.S. have levied tariffs on billions of dollars’ worth of each other’s products. As the US-Chi...

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Sinclair expands regional coverage with 20% stake in YES Network

When it comes to sports, fan engagement hikes when the action is live and live sports viewing remains a critical factor driving the sports broadcasting business. The year 2019 will prove to be a pivotal one for broadcasting service providers with spo...

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Toyota and Suzuki to collaborate on building driverless technology

Japanese auto majors Toyota and Suzuki have reportedly announced that the two companies are collaborating to develop driverless car technology.  Self-driving cars have been one of the most trending domains in the technology space in recent year...

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Nvidia partners with VMware for GPU virtualization on hybrid cloud

Cloud technology has become integral to business and IT strategies and will form the building blocks for the future of computing. Leading tech enterprises are exploring ways to integrate emerging technologies such as machine learning (ML), artificial...

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Chinese AI startup Megvii eyes Hong Kong IPO despite ongoing protests

Facial recognition has become a driving force behind realizing China’s vision to establish itself as a world leader in artificial intelligence (AI). The technology has already been deployed in major cities across the country, with the Chinese g...

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VMware buys Carbon Black and Pivotal for $5B to boost cloud services

Software giants consider the future of corporates to be outlined by successful digital transformation, which impacts their business strategy around cloud and related technologies. Business leaders count edge computing, artificial intelligence, machin...

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YouTube to lose millions as it could end targeted video ads for kids

YouTube, the California-based video sharing platform, is currently the world’s second largest search engine and most visited website after Google, besides being ranked the second most popular social media application with over 1.9 billion users...

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Tech Mahindra divests 73.38% stake in subsidiary to U.S. firm for $2mn

Digital transformation has etched itself into the technology space as majority of enterprises are moving full throttle into optimizing internal as well as external business earnings. In this regard, Tech Mahindra, has recently announced it will dive...

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Samsung likely to suspend South Korean LCD plant citing oversupply

Display technology has been an ever-intriguing domain, evolving spectacularly over the last decade. In the present scenario, OLED is being hailed as he next big thing in home entertainment owing to various advantages including vibrant displays with b...

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Snap unveils new version of Spectacles to boost AR viewing experience

Augmented reality (AR) is already influencing social media and is gradually taking over the most popular social platforms in the world including Facebook, Instagram and Snapchat. Social media companies are constantly introducing new features into the...

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Broadcom confirms $10.7B takeover of Symantec’s enterprise business

The security industry has witnessed a growing number of mergers and acquisitions over the past few years, as players are looking to reinforce their market presence and better compete with rivals. Latest in the list of 2019 acquisitions is Broadcom&rs...

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Fusionex, Google Cloud team up for digital transformation of APAC SMEs

Cloud computing has helped transform IT operations across businesses in recent years, with access to highly powerful, reliable, and easily scalable computing resources. A report suggests that integration of cloud services helps automate and standardi...

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Anheuser-Busch acquires fast-growing Ohio craft brewery Platform Beer

With the growing popularity of alcoholic beverages across the United States, more people are consuming alcohol than before. A survey revealed that a major share of the population finds social drinking or moderate alcohol consumption to be pleasurable...

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Huawei to reportedly launch Hongmeng OS-powered smartphone by 2019 end

Despite being firmly established in the smartphone market, Chinese brands have faced scrutiny regarding alleged privacy and security issues, resulting in multiple countries barring the use of their products. A major concern associated with their phon...

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Salesforce buys Tableau for $15.7B to reinforce CRM and BI services

Fast emerging tech enterprises across the U.S. have fueled the acquisition trend across the business analytics and big data space. Business intelligence is helping companies improve relationships with customers, considerably influencing the adoption ...

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Impossible’s plant-based burger to hit grocery stores post FDA nod

An increasing number of people in the U.S. have started relying on plant-based foods in recent years, following the vegan revolution. Adoption of veganism has been largely driven by flexitarians, people who are trying to minimize their meat intake, a...

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Ford takes over Quantum Signal to power autonomous vehicle development

Apart from leading automotive giants, a number of small and medium enterprises have achieved significant results the field of self-driving vehicles, by developing innovative and advanced technologies. Automakers worldwide are picking up these smaller...

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JPMorgan to power banking needs of emerging Indian midcap enterprises

Rapid urbanization all over the world has provided emerging businesses remarkable opportunities to expand their footprint. Leading investment firms have in turn extended their services to meet the demand for capital in an ever-growing enterprise land...

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Samsung to commence launch of ‘improved’ Galaxy Fold by September 2019

Foldable display technology has indicated the possibility of considerable changes in the way future mobile phones could be designed and used. Latest innovations in the segment have instigated smartphone makers to develop foldable tabs and handsets, u...

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Daimler and Bosch to deploy automated valet parking system in Germany

Rapid adoption of AI in vehicles, to support various autonomous functions, has brought about a transformation in the automobile industry. Following Tesla’s introduction of its autopilot system named Enhanced Summon, Bosch and Daimler now claim ...

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Toyota develops AI-powered field support robot for Tokyo 2020

Autonomous technologies have gained tremendous momentum worldwide, encouraging industry players to come up with innovative ways to deploy artificial intelligence in automotive, robotics and enterprise applications. Toyota, with a well-earned reputati...

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Air Liquide and thyssenkrupp to reduce emissions in steel production

There has been a notable rise in investments towards a greener economy, majorly due to stringent carbon regulations, coercing industry players to switch to cleaner sources of fuel. In coming years, hydrogen, which is considered to be a more efficient...

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Nestlé unveils new chocolate recipe to cut down on refined sugar

The amount of sugar in chocolates is always a concern among parents and health conscious individuals, often dissuading the consumption of these tasteful food products. From dental health to increase in weight, sweet delicacies have been blamed for wo...

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National Grid buys Geronimo Energy to boost decarbonization efforts

As the awareness rises among consumers and corporates regarding conservation of natural resources as well as utilization of cleaner, greener technologies, utilities have turned towards renewable power sources. This has resulted in a number of industr...

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Ford and Volkswagen to advance EV and self-driving tech partnership

Building a safe and deployment-ready autonomous car is arguably beyond the capability of any single automaker or technology provider. Companies have realized that they alone cannot make rapid progress in creating a perfect future mobility solution, a...

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Global Gaming partners with Finnplay Group over online gaming platform

Online gaming has rapidly transformed over the past decade, from being an emerging trend to becoming a habit for millions of people all over the globe. Gaming companies have adapted to the changing preferences of users and formed key partnerships to ...

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European startups look to develop more robust self-driving technology

Autonomous vehicle technology has witnessed unparalleled growth in terms of investment as well as on-road deployment over the last two years across the U.S., Europe and some other parts of the world. Numerous self-driving pilots have highlighted the ...

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5 emerging trends expanding the scope of blockchain technology

Bitcoin, Ripple, Ethereum, Litecoin and many other popular cryptocurrencies have become a generic face for blockchain technology among most of the people worldwide. Created to serve the very first cryptocurrency all those years ago, this concept of a...

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Coles and Microsoft to foster digital transformation in retail

Digital transformation has quickly become the norm amongst major apparel and grocery chains globally, from managing inventory, supply chain and ecommerce operations to automating various in-store tasks. Partnerships between retailers and technology g...

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VW expands alliances with battery suppliers to mass-produce EVs

In an industry that is currently witnessing several initiatives to innovate electric vehicle technologies, automobile manufacturers inking partnership agreements with battery producers is becoming a common trend. To establish a strong presence in thi...

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BMW and Daimler teaming up on scalable autonomous driving tech

In the recent wave of initiatives to develop autonomous vehicle technologies, non-exclusive partnerships between car manufacturers is becoming a common phenomenon. Automobile companies are looking to work with each other as well as different technolo...

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Broadcom in discussions to acquire cybersecurity company Symantec

Private equity firms and technology giants have been quite active in recent years when it comes to buying out troubled companies. Broadcom Inc. is gradually developing a reputation for taking over struggling software businesses for substantial amount...

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Baidu collaborates with Intel on new neural network processor

From partnerships with automakers like Geely to introducing its latest conversational AI, Baidu has made numerous announcements at its Create Conference 2019 underway in Beijing. One of the key technology partnerships Baidu is entering is with Americ...

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3 ways edge computing and IoT are enhancing healthcare service delivery

Cloud technology has helped transform IT operations in businesses over the past few years, with access to reliable, easily scalable and highly powerful computing resources. The adoption of internet of things (IoT) devices has further expanded the sco...

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Deutsche Telekom & SK Telecom ink partnership on SaaS and 5G services

Software-as-a-Service (SaaS) has rapidly emerged as a more cost-efficient alternative to conventional software installations across the enterprise environment. Telecommunication companies around the world have recognized challenges in providing easil...

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5G & Startups – A promising combination of technology and opportunity

U.S. telecom giant AT&T and technology leader Samsung recently announced a unique collaboration under which they launched a 5G Innovation Zone in Texas, at the Samsung Austin Semiconductor facility. Apparently, the initiative is targeting use cas...

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Capgemini seals acquisition offer for consultancy firm Altran

The domain of consulting is increasingly becoming an expansive industry of sorts, owing to the widespread demand for assistance and advice pertaining to the strategy, management, and operations of a company. Purchasing consulting firms has become rat...

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Asian & American retailers locked in drone delivery combat – Who’s going to make it big?

Amazon has officially confirmed that it would be starting with drone deliveries within the next few months, unveiling one of the biggest highlights at this year’s re:MARS Conference in Las Vegas, Nevada, U.S. The company also introduced electri...

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Waymo seeks autonomous mobility partnership with Renault-Nissan

The continued endeavors of technology startups and automakers to bring safe and reliable self-driving vehicles on the road have led to numerous partnerships and acquisition deals in recent years. The autonomous vehicle division of Alphabet Inc., Waym...

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