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

Uber likely to sell its stake in Didi over transparency issues in China

Uber Technologies Inc. is reportedly planning to sell off stakes in its non-strategic assets along with its holdings in Beijing headquartered Didi Global Inc. since China is touted to be a tough market to crack with very little transparency. In 2016...

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Vegan giant Impossible Foods launches ghost kitchens with Dog Haus

Impossible Foods has reportedly launched delivery-only restaurants across the United States through a partnership with Dog Haus. The move should allow the plant-based meat maker to expand its product reach and capitalize on the growing demand for veg...

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Mozilla expects to generate over USD 500 million in revenue this year

Following a difficult duration of major layoffs in 2020 and the major restructuring of its flagship browser Firefox, Mozilla Corporation is expecting to generate revenues worth over USD 500 million this year. Mozilla, despite several technological b...

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General Motors to source rare earth magnets for electric vehicles

General Motors Co. has reportedly inked two separate agreements to extract rare earth magnets for future electric vehicles from the new manufacturing facilities based in the United States. This move will mark the automaker’s return to the indus...

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Apple wins last-minute reprieve from changes to App Store payments

Apple Inc. has been reportedly granted a stay on court-ordered changes to its App Store as the tech giant appeals the decision, marking a victory in a long-running legal battle with Epic Games Inc., the maker of the widely popular video game Fortnite...

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Nestlé to lower its stake in L’Oréal with USD 10 billion stock sale

Nestlé SA has stated that it will be diluting its stake in L’Oréal to 20% by redeeming stocks worth USD 10 billion – a move that will reduce the beauty giant’s weight from its books for the first time in seven years. ...

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Nordic Consulting expands Cerner division with S&P acquisition

Nordic Consulting, a global technology, and health consulting company has reportedly acquired S&P Consultants, a healthcare IT consultancy firm with a market-leading reputation for Cerner services. S&P Consultants will be included in the Nor...

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Fintech startup Simpl raises USD 40 Mn in Series B to fuel expansion

Bengaluru-based buy now, pay later (BNPL) startup Simpl recently bagged USD 40 million in Series B round, taking its total fundraised till date to USD 83 million. Valar Ventures as well as IA Ventures co-led the funding, with added contributions from...

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AWS to help carmakers prevent recalls and diagnose issues remotely

Amazon Web Services Inc. recently introduced a new cloud-based data service to assist carmakers in remotely diagnosing and managing vehicle issues for avoiding recalls and enhancing safety. The new tool in the tech giant’s AWS for Automotive p...

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