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

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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