European climate group requests for stricter van CO2 targets in the EU

Although the EU recently reported a 10% drop in carbon emissions, a European climate group called the Transport and Environment (T&E) has asked the regulator to tighten its carbon emission reduction targets, especially for commercial va....

Discord unveils new features including ‘Stage Discovery’ for users

Discord, an instant messaging and digital distribution platform, has recently unveiled new features, including ‘Stage Discovery’ to be released in June. This new feature will enable users to discover its social audio rooms known....

Greyhound ends Canadian operations as pandemic plummets revenues

After a century-long run, intercity bus operator Greyhound Canada Transportation ULC has recently announced the permanent closure of its services in Canada. According to sources, the depleting demand for public transport, as an aftershock o....

BAE Systems, Plug Power join hands for hydrogen-powered electric buses

British multinational arms, security, and aerospace firm BAE Systems plc has entered a strategic partnership with American firm electrical equipment manufacturing company Plug Power Inc. to provide zero-emission powertrains to OEMs of heavy....

SastaSundar looking to raise USD 100 million in Series D funding round

SastaSundar, an Indian digital healthcare and wellness products startup, is reportedly in talks with Rohto Pharmaceuticals Co., Mitsubishi Corp., and other private investors to raise around USD 100 million as a part of its Series D funding ....

Clubhouse now available for Android users through Google Play Store

Clubhouse, which is developed by Alpha Exploration Co., has now been made available for Android users on the Google Play Store. Currently valued at USD 4 billion, the invite-only, voice-based social platform was initially launched exclusive....

Swiggy to focus on Genie deliveries amidst the second COVID-19 wave

Swiggy, the online food delivery firm, has reportedly stated that it will focus on deliveries from its pickup and drop service Genie over their restaurant food deliveries following the second wave of the COVID-19 pandemic. The Bengaluru-ba....

Delta Electronics invests USD 7 million in AI chip startup Kneron

Delta Electronics Inc. has reportedly invested around USD 7 million in AI chip manufacturer Kneron. The fresh investment will increase Kneron’s total financing to around USD 100 million to date. For those unaware, Kneron is a startup....

Pfizer predicts vaccine sales will accrue USD 26 billion by end of 2021

Pfizer Inc., the American multinational pharmaceutical company has reportedly raised the annual sales forecast for its COVID-19 vaccine by 70% and expects to accrue revenues worth USD 26 billion by the end of 2021. The announcement comes a....

Driver shortage, regulatory threats stunt Uber and Lyft’s growth

Uber Technologies Inc. and Lyft Inc. are reportedly witnessing an increased demand for ride-hailing services from the American populace after pandemic restrictions were eased, however, their recovery is restrained by driver shortages and th....