SpaceX breaks world record by launching 143 satellites into space

The company had postponed the launch due to unfavorable weather conditions. SpaceX’s reusable rocket has helped transport 133 government and commercial satellites. American aerospace manufacturer and space transportation services....

IndiGo strengthens its position in India; eyes international markets

According to reliable sources, India’s low-cost airline company IndiGo has lately emerged to be one of the key players in the airline industry in terms of capacity. Aided by a rapid recovery in the domestic aviation market amidst the ....

India to revise e-commerce policies; Amazon, Flipkart might take a hit

According to reliable sources, India is planning to alter foreign investment rules for the e-commerce sector, thereby compelling industry players like Amazon.com Inc. and Walmart Inc. owned Flipkart Group to restructure their seller tie-ups....

U.S. urges Australia to ditch laws that make media giants pay for news

Latest in the series of events, the United States has come forward in full support for media colossuses Facebook Inc. and Google LLC. Reportedly, the U.S. government has urged the Australian authorities to reconsider their proposed law, whe....

Tech giants converge to develop COVID-19 immunization digital passport

As the world gets back on its heels with the COVID-19 vaccine rollout, several technology behemoths and healthcare organizations in the United States, have reportedly announced the launch of the Vaccine Credential Initiative in order to fac....

OneWeb raises USD 1.4 billion; Hughes and SoftBank lead investors

According to reliable sources, London-based multinational broadband satellite operator OneWeb has reportedly raised USD 1.4 billion in a funding round led by Hughes Network Systems LLC and SoftBank Group Corporation. The fresh investments w....

Deloitte Consulting announces acquisition of HashedIn Technologies

Cloud technologies have been gaining quite the recognition in the recent past, with several companies focusing on business-centric strategies such as acquisitions or collaborations or innovative product launches. One such company, HashedIn ....

Atos to strengthen its cybersecurity footprint through In Fidem buyout

French multinational information technology company Atos has reportedly finalized an agreement to acquire In Fidem, a Quebec-based cybersecurity specialist. According to reliable sources, In Fidem’s acquisition will allow Atos to stre....

Xiaomi Mi 11 racks up strong profit, crosses 500K units in launch sale

Chinese multinational electronics firm, Xiaomi Corporation, reportedly unveiled that it accrued revenue worth over USD 23,20,72,350 in a span of 5 minutes, after the first sale of its Mi 11 flagship smartphone, announced in December, which ....

Milestone acquires Covestic to boost IT managed services portfolio

Milestone Technologies, an IT service management company, has recently announced the acquisition of the U.S.-based IT professional services company, Covestic, LLC. The deal was geared towards the expansion of the company’s regional fo....