About Author : Saipriya Iyer

Saipriya Iyer

A content developer by choice, Saipriya Iyer holds a rich experience portfolio of more than five years in the content creation domain. Equipped with substantial expertise across the business, technology, and finance domains, Saipriya currently pens down insightful articles for Business NewsUpdate and other portals that combine her knowledge of software technology and electronics.



Contribution by Saipriya Iyer

NVIDIA A100 Tensor Core GPU now made available on Google Cloud

California-based technology major Nvidia Corporation has reportedly announced that its NVIDIA A100 Tensor Core GPU has been made available on Google Cloud. A100 has been developed based on the lately introduced NVIDIA Ampere architecture and marks N...

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SoftBank walks out of Wirecard deal amid mismanagement allegations

Japanese conglomerate SoftBank Corporation has reportedly announced that it is looking to distance itself from the German payments company, Wirecard, due to an ongoing scandal involving the issue of money and cooked books. According to SoftBank, it ...

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RAD adds new mask detection feature to its autonomous security system

Artificial Intelligence Technology Solutions has reportedly announced that its robotics arm, Robotic Assistance Devices, has added an advanced mask detection feature to its property management and autonomous security devices. This system will support...

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Nokia caters to expanding mobile traffic demand with Djezzy in Algeria

Nokia has confirmed that it has completed a successful trial with mobile operator Djezzy Algeria, for supporting the growing need for network capacity, with the use of microwave carrier aggregation technology. In the trial, Nokia used its Wavence mic...

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Nokia plans to deliver DCI network solutions to Tencent & Baidu

DCI network solutions have become more popular than ever lately. A wide-encompassing concept comprising connectivity solutions spanning various layers of the network, DCI can be conveniently built from the packet layer, with routers and switches, or ...

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Ericsson launches RAN baseband 6648 to ease 5G transformation for CSPs

With the recent launch of Ericsson’s new Radio Access Network (RAN) Compute baseband, the move to 5G has become much easier for telecommunications service providers. The Swedish tech giant’s latest offering significantly enhances mobile n...

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NetApp announces agreement to acquire cost optimization firm Spot

The two companies have joined forces so as to develop an Application Drive Infrastructure and work on cost optimization and workload distribution for public clouds.   The deal is expected to close by the end of the first half of NetApp&rsquo...

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Ericsson chosen as communication service firm Bell Canada’s 5G partner

The realm of 5G has already made its presence felt across the globe, though it is yet to go mainstream. In order to expand their foothold across the prestigious Fifth generation technology space, companies the world over have been attempting to enhan...

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Cisco purchases ThousandEyes to expand cloud software portfolio

The cloud has become synonymous to one of the most essential software, companies require today. In a bid to expand its portfolio of cloud-based software, Cisco has reportedly purchased ThousandEyes, the company whose unique technology is adopted by f...

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Arm’s new GPU offerings to power high-end Android smartphones of 2021

It looks like semiconductor giant Arm Holdings is taking mobile gaming to the next level. The company recently announced new CPU designs for smartphones powered by the ARM Cortex-X1 and ARM Cortex-A78 CPU cores, delivering 30% and 25% greater perform...

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Verizon switches on 5G uploads in 34 cities with 30% speed bump over 4G

American carrier Verizon has confirmed its plan to switch on 5G upload capabilities, delivering faster speeds to users for uploading multimedia content like HD videos and playing large online multiplayer games. Early adopters of the fifth-generation ...

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Ericsson rolls out online learning program amid COVID-19 disruption

The ongoing global COVID-19 pandemic has disrupted education and learning around the world at unprecedented levels, with nearly 1.2 billion young students around the world unable to attend educational institutions. Under the current circumstances, th...

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PointClickCare buys Consonus Healthcare’s Co-Pilot analytics technology

A leading provider of cloud-software solutions for the senior care market, PointClickCare Technologies Inc., has recently confirmed that it has acquired Co-Pilot, a key analytics solution which was developed by Consonus Healthcare. The customers of ...

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VodafoneZiggo rolls out 5G technology with Ericsson Spectrum Sharing

The realm of 5G is on its way to becoming more and more prominent as leading companies are striving to bring the technology to the mainstream. Despite its purported challenges, 5G networks make it possible to deliver consistent, uninterrupted, reliab...

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NVIDIA acquires Mellanox to enhance data center computing technologies

Next-gen data centers are gaining prominence with the rapid increase in edge computing requirements, in response to the development of innovative technologies like artificial intelligence, IoT, and many others. Software and hardware providers are now...

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Wayside inks deal to buy Interwork Technologies to expand footprint

Wayside Technology Group, Inc.- an integrated technology firm that offers innovative sales and distribution services, has reportedly inked an agreement to purchase Interwork Technologies, a technology distribution company which will be merged into th...

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Protempo buys Outdoor tech to expand product and services portfolio

Global consumer electronics distributor Protempo US Limited has recently acquired wireless consumer electronics and helmet audio tech company Outdoor Tech. The Outdoor Tech brand, according to Protempo, is a valuable addition to Protempo’s por...

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Medopad rebrands as Huma and acquires two health tech companies

London based healthcare firm- Medopad recently announced its rebranding as Huma, along with the purchase of two AI and wearable technology firms with an aim to reinforce its mission to play a major role in discovering digital biomarker. According to...

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IntegriChain buys Cumberland’s Life Science unit to expand data services

Philadelphia-based Life Sciences data and managed services company IntegriChain has reportedly acquired the Life Sciences Division of Cumberland, a healthcare consulting and services firm based in Tennessee. Financial details of the transaction remai...

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Blackhawk Network acquires SVM cards to expand B2B gift card offerings

Blackhawk Network, the Pleasanton, California-based payments provider, has reportedly acquired SVM Cards, a leading provider of innovative gift card solutions for businesses. The acquisition apparently expands Blackhawk’s portfolio of prepaid ...

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Ford, GE Healthcare to ramp up production of much-needed ventilators

With the COVID-19 situation quickly escalating in the U.S. over the past several weeks, healthcare facilities are facing a shortage of medical equipment, including ventilators and test kits. Auto major Ford Motor Company is reportedly partnering wit...

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ScanSource to offer Avaya’s work from anywhere Cloud solution

ScanSource, Inc., and Santa Clara, California-based Avaya Holdings Corp. have reportedly announced plans to deliver Avaya Cloud Office™ by RingCentral®. ScanSource and Intelisys have been the largest software distributors for Avaya over th...

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Zymergen acquires enEvolv to accelerate biomanufacturing efforts

Synthetic biology startup Zymergen has reportedly acquired enEvolv, a leading developer of ultra-high throughput microbial screening & engineering solutions. The acquisition could accelerate the ability of Zymergen’s to deliver innovative ...

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Volkswagen wants its EV batteries to help stabilize the power grid

The electromobility race is beginning to heat up as established automakers across the globe ramp up electric car production. The shift to electric vehicles is opening up new business opportunities in battery design and energy storage, so that EV owne...

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Uber, Lyft circulate coronavirus prevention guidelines among drivers

Amidst the widespread coronavirus outbreak affecting over 90,000 people across the globe, prominent American ridesharing companies – Uber and Lyft are reportedly informing their drivers the ways to prevent spreading the disease.   Recentl...

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Apple and J&J launch Heartline Study to detect AFib using Apple Watch

Atrial fibrillation (AFib) is among the leading causes of stroke. However, pharmaceutical giant Johnson & Johnson recently noted that it can be hard to diagnose since people usually don’t always show symptoms. Can the Apple Watch detect AF...

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Air Zimbabwe to reportedly lease out two Boeing 777 passenger aircraft

With Zimbabwe enormously suffering from hyperinflation and a weak economy, the country’s troubled national airline Air Zimbabwe has recently disclosed plans to lease out two Boeing aircrafts. The airline is reportedly leasing two Boeing 777 pa...

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Thailand’s 5G spectrum auction raises $3.2B, operators bag 48 licenses

Thailand is set to be among the first countries in Southeast Asia to roll out 5G with most ASEAN countries yet to start their next-generation mobile network deployment. The country recently concluded its first 5G spectrum auctions. Thailand’s ...

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Accenture unveils new cyberattack response service for AXA XL clients

Cybersecurity is quickly becoming top priority for enterprises and individual employees. As cybercriminals continue to evolve their attack strategies, constantly developing new layered attack strategies and updating techniques, anticipatory plans for...

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Samsung unveils 16GB HBM2E Flashbolt for supercomputers, HPC systems

Smartphone giant Samsung Electronics recently unveiled its third-generation High Bandwidth Memory 2E (HBM2E), Flashbolt. Apparently, the new 16GB HBM2E is uniquely designed to enable system manufacturers to advance their supercomputers by maximizing...

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Ford & Rivian join hands to develop 1st Lincoln all-electric vehicle

Renowned automaker Ford has reportedly struck a partnership with EV start-up Rivian, to develop a new all-electric vehicle for the Lincoln brand. The new EV, based on Rivian’s flexible skateboard platform, will be Lincoln’s first all-elec...

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Uber sells its food delivery business in India to local rival Zomato

With the food tech battle in India heating up, it appears that ride-hailing giant Uber is exiting the food delivery business. The company had been in advanced talks to sell its food delivery platform Uber Eats to local rival Zomato for quite some tim...

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Global 5G firms create new forum to enhance 5G interoperability specs

The proliferation of the fifth generation wireless technology has been disrupting the networking domain increasingly by the day. Prominent members of the global cellular industry are becoming more and more focused on undertaking several individual as...

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Hyundai launches first Genesis SUV to reinforce market share in the US

Hyundai Motor has launched its first sport-utility vehicle (SUV) under the Genesis brand recently. Genesis brand, which was an initiative taken by Euisun Chung, had been spun off in 2015 with an aim to revamp the value-for-money image of the automake...

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PE firm Insight Partners to acquire cloud company Veeam in $5 Bn deal

US-based private equity firm Insight Partners has recently announced its acquisition of data management firm Veeam. The deal, valued at $5 billion, will result in the shift of the Swiss company’s headquarters to the United States. A new executi...

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Toyota to build prototype Japanese smart city at the base of Mt. Fuji

Smart cities could revolutionize the way people interact with each other as well as their surrounding environment. With tech giants around the world focusing on the development of smart technologies, the cities of the future could be here much sooner...

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Luxoft and Microsoft to deliver advanced connected mobility solutions

Innovations in connected vehicle technology are enhancing the quality and speed of vehicle communications to ensure an enjoyable and safer driving experience. With connected cars expected to go mainstream sometime in the near future, tech firms are e...

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India permits Huawei to participate in 5G trials despite U.S. pressure

The U.S. has long accused Chinese telecom and tech major Huawei of deploying backdoors on its products and equipment for surveillance. However, both the brand and the Chinese government have repeatedly denied these allegations. America has also been...

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Beer brand Heineken introduces limited-edition non-alcoholic beer

Dry January has become the rage since the last few years, and alcohol enterprises have all but attempted to not be a part of it. Though the movement commenced in the United Kingdom, it has now spread to the United States, garnering as much momentum a...

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OneConnect & SBI Holdings introduce new joint venture in Japan

  The joint venture was officially inaugurated on 19th December 2019 This is the latest in a series of efforts made by OneConnect to further cultivate its overseas presence OneConnect’s partner SBI Holdings, a Japanese financial servi...

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Facebook announces acquisition of Spanish cloud gaming startup PlayGiga

The cloud is initiating a widespread transformation across the technological sector, most recently in the gaming domain. Cloud gaming gives users the ability to enjoy a sophisticated gaming experience without the need for expensive hardware, and tech...

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NVIDIA and Didi Chuxing announce cloud, driverless car partnership

Driverless cars are quickly becoming a reality. The autonomous vehicle space has witnessed spectacular advances and billions in investment over the years. Tech players are exploring ways to leverage the ubiquitous nature of cloud platforms to store a...

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Enflame Technology to use Rambus’ HBM2 memory IP in AI training chips

With artificial intelligence (AI) more than just a buzzword now, the amount of data generated is rising exponentially every year. AI training as well as advanced AI and neural network applications require far greater bandwidth than standard compute p...

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U.S. state AGs are suing to stop the $26.5B T-Mobile-Sprint merger

Attorneys general from over a dozen states are reportedly suing to block T-Mobile’s $26.5 billion megamerger with Sprint, alleging that the deal violates anti-competitive law. The state attorneys general claim that the deal between two of the t...

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ViacomCBS to create and deliver premium content for American viewers

As more and more people switch from cable TV to online streaming, a growing number of companies in the media business are adopting merger strategies to compete with leaders such as Netflix and Amazon. American mass media company Viacom and TV broadc...

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Speedcast awarded multi-year communications contract by Aurora

Aurora Expeditions, an adventure company specializing in small-group expedition style travel experiences, has recently awarded Speedcast International Limited, renowned remote communication & IT solutions provider, a multi-year communications and...

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Amazon ups data center game with new, more powerful processor chip

It seems that cloud computing has become big business for data center chip designers. Semiconductor giant Intel currently dominates the server processor market. Chipmakers using Arm technology, which powers majority of smartphones today, are apparent...

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Paypal announces $4B acquisition of shopping rewards platform Honey

With more and more consumers shifting their shopping to e-commerce merchants, payments companies are forging partnerships with rewards platforms and the like. In a similar move, payment portal PayPal has reportedly announced its intention to acquire ...

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Yahoo Japan and Line confirm merger to take on American tech leaders

Japanese tech companies are facing intense competition from their American counterparts such as Google, Amazon, Apple and Facebook. With the apparent aim to build a tech empire and stay alive in the dominant tech battle, SoftBank founder and CEO Masa...

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Hyundai to build Santa Cruz pickup trucks at Alabama plant from 2021

Evidently, pickup trucks constitute a substantial share of the U.S. automotive market. The Ford F-150, Ram 1500 and Chevrolet Silverado have consistently been the top selling models in America for years. With the demand for these trucks across the co...

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Microsoft and Nokia reportedly in talks to reunite on IoT, AI, cloud

Five years after Microsoft’s doomed $7 billion acquisition of the smartphone business pf Nokia, it appears that the two companies have decided to reunite.   The American tech major has reportedly inked a strategic collaboration with ...

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The Big Four U.S. carriers team up to build next-gen RCS texting app

Rich communication services (RCS), the highly anticipated evolution of SMS, is set to take text messaging to a whole new level in the upcoming years. American mobile network carriers AT&T, Sprint, Verizon, and T-Mobile have reportedly formed a j...

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NVIDIA & Ericsson forge partnership to commercialize virtualized RAN

Telecom companies have of late, been attempting to tap into different technologies and RAN architectures. Reeling under the pressure of providing the best possible user experience, telcos are often found harnessing the rising fad of virtualization. ...

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EU antitrust office inspects Apple Pay for “anti-competitive” behavior

Following Facebook’s Libra, Apple Inc’s exclusive online payments platform Apple Pay is now apparently under the European Union’s antitrust radar. The EU had expressed concerns over Facebook’s Libra cryptocurrency project ear...

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Telemundo, Quibi to create exclusive news content for Hispanic viewers

Telemundo, the NBC-owned Spanish-language television network, has reportedly entered into a partnership with Quibi to produce exclusive daily news programming for the mobile platform when it kicks-off in April 2020. For the uninitiated, Quibi is an ...

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Avaya launches IX-CC, next-gen CCaaS on Microsoft’s Azure in the Gulf

The increasing prominence of the telecom industry has lent substantial traction to contact center solutions. The demand for simplifying communication mechanisms and bringing about convenience and flexibility in customer solutions has been prompting c...

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Apple boosts iPhone 11 production to meet better-than-expected demand

Apple had evidently rolled out three variants of its new iPhone, the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max, in early September. Notably, for the first time in its history the brand had reduced the starting price of the new iPhone to $699, d...

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U.S. DOJ and Congress skeptical over Google’s plan to encrypt DNS

Google’s intentions to implement DNS over TLS in its Chrome browsing platform has apparently become a subject of scrutiny among American regulatory authorities. It has come to the fore through credible sources that the House Judiciary Committe...

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Canoo unveils plans to launch world’s first subscription-only EV

In today’s world, subscriptions have become the norm. While e-commerce giants like Amazon, Blue Apron and Birchbox currently dominate the space across different industry segments, carmakers are realizing that Netflix-like subscription services ...

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Microsoft takes over Semmle to bring its code-analysis tools to GitHub

GitHub, a subsidiary of Microsoft, has recently acquired code analysis platform provider Semmle for an undisclosed sum. The GitHub team apparently intends to integrate Semmle closely into the GitHub workflow.   Shanku Niyogi, GitHub’s Sen...

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Grab intends to merge Indonesian payment firms OVO and DANA

Analysts report that over half of Indonesians don’t have bank accounts and rely on smartphones for conducting financial transactions. Companies find the Indonesian digital payments market promising and majority of brands have introduced their d...

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Puma’s first Android smartwatch to debut in November for $275

Predicting how technologies will evolve in the future is nearly impossible. However, it is becoming pretty clear that boundaries between technology and imagination are getting blurred. Thanks to the advent of micro-electronics and increasing computat...

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Tata Communications and Neeco collaborate on IoT services for Europe

Leading Indian telco Tata Communications has expanded its presence into the global internet of things (IoT) space via its latest collaboration with a major ICT services and hardware provider. Tata Communications has inked a partnership with Neeco Gl...

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Waymo asks U.S. gov to remove certain barriers for autonomous vehicles

Driverless technology has racked in billions of dollars in investment, groundbreaking advancements and some tragic reminders of how far the technology still has to go. An alarming number of road crashes involving autonomous cars were reported during ...

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Flipkart and Authentic Brands to manage Nautica operations in India

Online shopping is today one of the most preferred ways to shop for apparels and accessories. A significant number of people in India are opting for online apps and websites that provide an extremely convenient way of buying everyday things. The e-c...

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Cisco plans to buy CloudCherry to reinforce Cognitive Collaboration

Leading organizations are constantly experimenting to determine the best way to deploy evolving technologies such as artificial intelligence (AI) and machine learning (ML) to enhance customer experience. AI-enabled predictive analytics offers actiona...

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HPE designs new supercomputer to support NASA’s future lunar mission

Rapid advances are being made in space technologies as humans look to take the next giant leap in space exploration. NASA heavily relies on organizations that provide cutting-edge technological innovations to support its space missions. In this rega...

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Digital Twins and Their Impact: Part IV – Smart Cities

Last week, we saw how the concept of digital twins can bring about a pathbreaking change in the design, production, and testing of automobiles. Moving further, let’s delve deeper into how this phenomenon is transforming the dynamics of one of t...

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JP Morgan to shut down its stand-alone payments app Chase Pay in 2020

Technology is transforming the way people handle financial transactions every day. Digital payment platforms are booming thanks to the advent of smartphones that constantly encourage development of new and innovative payment methods, creating new bus...

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Sony reportedly in talks to buy Spider-Man developer Insomniac Games

Video games, as on today, are more popular than ever before and have caused a revolution in the entertainment industry. In fact, statistical reports suggest that video games are now more popular than televisions. To keep up with the surging demand an...

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Pivotal Software shares rise after VMware announces acquisition plans

Major software companies have been on an acquisition spree in recent years, to expand their global reach and to eliminate direct competition in key markets. Enterprises worldwide are using data centers, virtualization through cloud computing and simi...

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Reliance and Microsoft to jointly develop technology services in India

Emerging technologies like artificial intelligence and blockchain are transforming each and every aspect of a business, as big corporations and startups seek digital transformation to thrive in a competitive space. Rapid adoption of cloud platforms a...

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Digital Twins and their Impact: Part III – Automotive Industry

Last week, we discussed the incredible impact of digital twinning on the manufacturing sector. The impact undeniably, has been surging at a robust pace in one of the most vital sub-segments of the manufacturing domain – the automotive industry....

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Facebook hit by another outage as many users report maintenance error

The use of social media platforms has increased rapidly and any interruption faced by users is met with global reactions against the platform operators. Although apps require consistent maintenance to handle a tremendous amount of traffic, leading so...

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Digital Twins and their Impact: Part II – Manufacturing Industry

Last week, we spoke about the expanding presence of the digital twin industry and its tremendous impact on the global retail sector. Quite overtly, the popularity of the digital twin technology is not confined to the retail and e-commerce verticals a...

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PayU acquires Red Dot Payments, marks presence in Southeast Asia

The global presence that businesses worldwide are attempting to establish, is rather evident from the efforts of companies to stabilize their reach across the biggest markets there are. Since a very long time now, it has become fundamental for compan...

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Digital Twins and their Impact: Part I – Retail Industry

Acting as the proverbial link between the physical and digital realms, the concept of digital twin has come into itself, within a shorter span than predicted earlier. Harnessing the power of real-time data, the digital twin technology helps to identi...

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Philips buys Boston startup Medumo to improve patient engagement

Digital transformation has enabled the healthcare sector to significantly enhance patient care and service quality. The segment has witnessed technological innovations in terms of storing and securing medical records, managing interaction between hea...

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Luminar autonomous vehicle initiative gets $100 million boost

As a relatively untapped technological domain that is still in its infancy, the global autonomous vehicle industry has lately been witnessing intensifying investments from several technological and automotive companies. Numerous firms are seen scalin...

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IBM successfully completes acquisition of Red Hat for USD 34 billion

The proliferation of the hybrid cloud – a world within itself, has brought about a slew of changes in the global technology and industrial landscape. Having recognized the eventual potential of cloud computing, companies spanning numerous secto...

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PayU acquires Red Dot Payments, marks presence in Southeast Asia

The global presence that businesses worldwide are attempting to establish, is rather evident from the efforts of companies to stabilize their reach across the biggest markets there are. Since a very long time now, it has become fundamental for compan...

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Chipmakers unearth legal ways to circumnavigate U.S. ban on Huawei

Huawei’s growth graph has been on a disastrously downward spiral since the longest time now. In the face of the U.S.-China trade war, ongoing since 2016, the increasing list of indictments against Huawei by the U.S. Justice Department has not e...

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Coca-Cola may divest bottling partner Hindustan Coca-Cola Beverages

Coca-Cola’s tryst with the Indian market, for long, has been nothing short of a well-heeled odyssey. Having debuted in the Indian sub-continent more than 65 years ago, the beverage company’s success graph in the nation has been nothing sh...

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AT&T continues colossal investment rampage to boost networks

Texas-headquartered multinational conglomerate holding company AT&T seems to be on the verge of a massive investment spree. The firm, since 2016, has been emptying its coffers toward enhancing wireless and wired networks across the North American...

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Google to now include attribution to third-party lyric providers

The strained relationship between popular streaming websites and the music industry has come to light more often than not, in the past year. In what may be claimed as yet another incident blowing the lid off the controversial scenario of the music st...

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