Beyond Meat signs supply deals with Pizza Hut, KFC, and McDonald’s

Amidst the mounting demand for sustainable food products, one of the largest plant-based meat producers Beyond Meat has reportedly secured supply deals with prominent food companies namely, McDonald’s and Yum! Brands, which is the par....

Aurora to reduce laser LiDAR costs through OURS Technology acquisition

Leading autonomous driving tech developer Aurora Innovation has acquired OURS Technology Inc., a Silicon Valley-based tech firm. Sources aware of the development stated that the acquisition will allow Aurora to cut costs as well as the size....

AI-based close captioning from Zoom to roll out later this year

Communication technology and video & audio conferencing platform, Zoom has reportedly announced that its most useful automatic closed captioning feature during calls will be introduced to all its customers in the current year. Apparentl....

Google, Facebook to pay media outlets as Australia passes precedent law

Turning the final leaf of the dragging negotiations between Australian authorities and media giants, Australia enacted the landmark law mandating Google LLC and Facebook Inc. to pay for news. Though, the law framework will allow time for di....

Flipkart teams up with Mahindra, Hero to deploy 25,000 EVs in India

Bengaluru-based e-commerce company Flipkart is planning to deploy over 25,000 electric vehicles across its delivery network in India, in line with its recent commitment to transition to electric mobility by 2030. Sources close to the matte....

Zomato now worth USD 5.4 billion after raising USD 250 million in funds

Indian food delivery startup Zomato has reportedly raised USD 250 million in a funding round which was led by its existing investors Fidelity Investments Inc., Kora Management LP, and Tiger Global. The fresh funds have allowed the company t....

Cyxtera to go public at USD 3.4 billion valuation following SPAC merger

Medina Capital and BC Partners will continue to hold their stakes in the combined entity. Cyxtera Technologies had reportedly separated its security business in 2019. Leading data center solutions provider Cyxtera Technologies has disc....

B2B giant Udaan adds 1 lakh businesses under lifestyle segment

Indian B2B trade platform for small & medium businesses, Udaan, has reportedly added nearly one lakh new businesses to its platform last year under the lifestyle segment. The company stated that under this category, nearly 230 million p....

Photomath raises $23M in Series B funding led by Menlo Ventures

Photomath, a mobile application, has reportedly raised a Series B funding round of $23 million led by Menlo Ventures, following its massive and successful adoption among consumers. This funding round also includes participation from other i....

Daimler working on settling USD 49 billion Mercedes-Benz brand rights

Germany-based leading automotive manufacturer Daimler AG is reportedly working on a legal framework for how its luxury vehicles company Mercedes-Benz and its relevant trademarks will be used after releasing a new truck unit this year. The ....