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Multinational tech-giant Microsoft was reportedly looking to lower its Xbox store commission fee to a meager 12% from the previous 30%, as per confidential documents submitted in the Epic Games and Apple case. ...
Read More >>Reportedly, Microsoft Teams currently has 145 million daily active users, demonstrating a 26% increase in user base since October last year when the tech giant had reported 115 million daily active users. ...
Read More >>Iron Mountain Inc., the Boston-based enterprise information management services provider, has reportedly entered a joint venture agreement with Web Werks to expand its data center footprint in India. ...
Read More >>Finnish telecommunications giant Nokia Corporation has reportedly signed a joint venture agreement with LG Uplus, a prominent cellular carrier, to expand 5G coverage in South Korea. ...
Read More >>American Airlines and JetBlue had announced their partnership in July last year. According to the Justice Department, the deal may cause inflated f...
Read More >>Ford Motor Company, the American multinational automaker, is reportedly planning on introducing a hands-free driving feature on its 2021 Mustang Models as well as 2021 F-150 pickup truck through a software update, by t...
Read More >>Twitter, an American microblogging service company, had touted plans of acquiring Clubhouse, an audio chat iPhone app and live drop-in audio networking platform. The deal was estimated to be valued at around USD 4 bill...
Read More >>American plant-based meat substitute producer Beyond Meat has opened a new production facility in China. Apparently, this recent setup is the company’s first facility outside the U.S., making it the only multinat...
Read More >>Japanese multinational engineering, electrical equipment, and electronics firm, Mitsubishi Heavy Industries Engineering Ltd. (MHIENG) has reportedly set up a new Technical Service Center in Singapore within MHI-AP (Mit...
Read More >>LG Electronics Inc., a South Korean multinational electronics company will reportedly be winding up its loss-making smartphone division after failing to find a buyer for the same. This makes LG electronics the first ma...
Read More >>Snap Inc., the parent company of the renowned multimedia messaging platform Snapchat, is reportedly planning to continue its foray into the hardware device industry by launching augmented reality (AR) glasses dubbed as...
Read More >>American institutional investment manager Carlyle Aviation Partners is reportedly planning to acquire Fly Leasing Ltd., an Ireland-based aircraft leasing investment company for USD 2.36 billion. ...
Read More >>FloBiz, a tech startup that provides a billing and accounting application for SMBs (small and medium businesses), has reportedly secured USD 10 million funding in a Series A round led by Elevation Capital. Sources clos...
Read More >>Online food delivery company, Deliveroo, is reportedly targeting a valuation that ranges between £7.6 billion and £8.8 billion when it lists it’s shares on the London stock market. The company has ann...
Read More >>Leap, a technology-driven asset pooling startup, has reportedly secured $17 million in a Series B funding round led by Singapore-based Jungle Ventures. This latest funding round also includes participation from other investors namely Owl Ventures ...
Read More >>Shares of Xiaomi Corporation, a Chinese multinational electronics company, witnessed a 7.1% drop during Hong Kong trading after the company secured USD 3.91 billion in fund raising which also included the city’s ...
Read More >>Eastern Link superhighway will set off from Torness and Peterhead. The project will reportedly utilize some of the world’s longest subsea hig...
Read More >>Alibaba, a Chinese multinational technology company, has reportedly generated sales worth USD 74 billion in its post COVID-19 Singles’ Day shopping extravaganza. The recent development follows the company recentl...
Read More >>Firstsource Solutions Limited, which is owned by a global Business Process Management (BPM) services provider RP-Sanjiv Goenka Group, has reportedly declared its partnership with Uniphore, a prominent service provider ...
Read More >>JPMorgan Chase & Co., a U.S.-based multinational investment bank and financial services provider, has reportedly raised its stake in a Chinese securities business to secure 71% stocks. Sources with knowledge of the...
Read More >>Japanese multinational conglomerate Sony Corporation has reportedly witnessed a high demand for its PlayStation 5 (PS5) console with the pre-orders coming in at an unexpected pace. ...
Read More >>COVID-19 restrictions pushed Flybe into administration in March 2020, putting over 2,400 jobs at risk. The acquisition will allow Flybe to restart ...
Read More >>The company plans to allow more staff to work from home to boost flexibility. Employees who chose to permanently work from home will...
Read More >>SEC and DOJ are investigating Hindenburg’s claims that Nikola misled its investors Nikola’s shares plunged by 8.3% and r...
Read More >>Mastercard Inc., an American multinational technology firm, reportedly announced its partnership with HSBC Holdings plc, one of the leading banking & financial services provider company. Sources aware of the develo...
Read More >>Kakao Games Corp., a South Korean video game publisher, is all set to become the most sought-after Korean IPO, drawing nearly 1500 over-demand from institutions for the offered price of USD 20.3. It hit an al...
Read More >>Hyundai Wia Corp., a South Korea-based defense firm, has reportedly signed gun parts export contract with BAE Systems plc of worth USD 100 million via a pre-value accumulation system. As per the agreement, Hyundai Wia ...
Read More >>As per authentic sources, South Korean biotech and pharmaceutical stocks recovered following FDA’s (U.S. Food & Drug Administration) approval of using convalescent plasma for treating COVID-19 patients. ...
Read More >>Indian low-cost carrier IndiGo is not expecting vast gains in the next 18 months. At present, the airline is flying at 32% of its capacity. This figure is ex...
Read More >>Big Hit Entertainment, the South Korea-based management company behind the renowned K-pop group BTS, has reportedly witnessed an 27% upsurge in biannual profits. Sources with releva...
Read More >>John Zimmer, CEO of the American ride-hailing service Lyft, has recently threatened to shut down all operations in California, following the footsteps of its competitor Uber. This move comes along the heels of the laws...
Read More >>U.K.-based arts & crafting products supplier Hobbycraft has reportedly revealed a 200% growth in internet sales since the emergence of the COVID-19 pandemic. The company claimed that their consumer base has expande...
Read More >>Google LLC and Singapore-based public entities such as Infocomm Media Development Authority, Economic Development Board, and SkillsFuture (SSG), have reportedly started a joint skills training and new jobs initiative c...
Read More >>Although the economic impact of the ongoing COVID-19 has significantly impacted prospects for Singapores REITs (Real Estate Investment Trusts), it seems that some resilient spots in the real estate sector will remain w...
Read More >>Acceptance to takeover represent 65.86% of Augusta’s shares Takeover provide shareholders with NZ$0.22 in cash and 0.392 Centuria stapled securities for every share of Augusta Centuria’s assets...
Read More >>Reportedly, Rolls-Royce, a subsidiary of German group BMW, is planning to close its final salary pension scheme 4 years earlier to ease up pressure mounted by the grounded aircrafts. ...
Read More >>GNC (General Nutrition Centers), a renowned herbal and vitamin supplement retailer, has reportedly filed papers for bankruptcy in U.S. The company also plans to shut approximately 800 to 1200 of its store locations and...
Read More >>Mumbai based Indian public bank, Yes Bank Ltd., is reportedly preparing to secure around USD 1 billion in public funding round in order to boost its capital strength. If reports are...
Read More >>Jaguar Land Rover, a British multinational automotive giant, recently announced to let go around 1,000 agency staff in UK after suffering a humongous loss of £500 million in three months spanning the COVID-19 pan...
Read More >>Singaporean flag carrier airline, Singapore Airlines, has reportedly announced that it has successfully raised $ 10 billion in fresh liquidity via its recent rights issue amid the unprecedented crisis caused by COVID-1...
Read More >>SpaceX recently raised about $346.2 million in the latest funding round just a day before it launches its latest manned spacecraft to the International Space Station. This launch of the first crewed mission from NASA&#...
Read More >>New Leaf Brands has signed an LOI to become a 100% shareholder in Mindleap for CAD $3,500,000 CEO of Mindleap Nikolai Vassev says that this will help th...
Read More >>WISeKey International Holding Ltd., a Swiss-based IoT and cybersecurity firm, has recently announced that it has inked a deal for the Issuance and Subscription of Convertible Notes with specialty investor, Nice & G...
Read More >>Apple has recently confirmed that it has acquired NextVR, which is a virtual reality startup that specializes in recording live events such as sports matches and concerts for VR experience. The announcement made ...
Read More >>Australian banking major Commonwealth Bank announces the sale of majority stake in its investment subsidiary Colonial First State. 55 per cent of the stake in CFS has been sold to KKR, a private equity firm, for $1.7 b...
Read More >>Comcast Corp conglomerate NBCUniversal is planning to delve further into shoppable content since the COVID-19 crisis is proving itself to be a never-before-seen blow to retail. The media company would soon go live with...
Read More >>Owing to the recent COVID-19 pandemic, many businesses across the globe have been severely affected. One of these organizations is Patreon, a California based membership platform that provides business tools for creato...
Read More >>Eros International’s share prices shot up by 10% in morning trade on April 20 post the announcement made by the company regarding the all share merger with STX Entertainment from Hollywood, to be able to create a...
Read More >>SpiceJet, an Indian low-cost airline, has reportedly decided to send employees with monthly earnings of more than ₹50,000 on unpaid leave on a rotational basis. This arrangement occurs in line with the suspension of flight services till May ...
Read More >>Amidst the effects of coronavirus and its impact on the national economy, the Australian government has planned to underwrite domestic flights operated by Virgin Australia and Qantas. Sources claim that the move would ...
Read More >>The retail giant will be selling equipment like rowing machine, treadmills, cross trainers, and exercise bikes starting at $349. Bunnings Warehouse, an Austral...
Read More >>The decision of the company will enable independent restaurants stay afloat at the time of this pandemic DoorDash has promised up to USD 20 million...
Read More >>· Enhanced mobile solutions to over 30 million African customers living outside their country · &...
Read More >>The project will use drones and machine learning to bring a paradigm shift in the way the Air Force Civil Engineer Center collates data. ...
Read More >>The acquisition agreement is inked at a valuation of USD 106.5 million. Under the agreement, REIT would be able to extend its relationship with pro...
Read More >>Digital asset platform Phoenix Lending has recently unveiled its new Stable Income Product with free debit card. This move comes along the heels of the keen participation witnessed by lending products in February 2020....
Read More >>Pyxus International, Inc., one of the leading value-added agricultural companies in the world, has reportedly collaborated with Turning Point Brands, a leading company in OTP (Other Tobacco Products) and adult consumer...
Read More >>The company will be taking up the manufacturing of iPhone 8 and 7 models after getting fully operational by April. Apple has long been planning to expand its mobile...
Read More >>Sorrento Therapeutics, a clinical stage biopharmaceutical company developing new treatments for cancer and autoimmune diseases, has reportedly rejected a takeover proposal from an unnamed private equity fund. ...
Read More >>Bird, the Santa Monica based bike and electric scooter company, reportedly along with a $75 million series D funding round, has also confirmed the acquisition of Circ, an escooter operator, for an undisclosed number. N...
Read More >>Isracann Biosciences, Inc., an Israel-based specialty pharmaceutical company, announced that it has entered into a Memorandum of Understanding (MoU) for a distribution agreement to serve major legalized cannabis m...
Read More >>SRS clients will be assured about the secure management of their IT and electronic assets by the information security management standard Sims Recycling Solutions (...
Read More >>NTT Data Services, a U.S.-based IT service provider, has reportedly inked a definitive agreement to acquire AWS premier consulting partner, Flux7 to accelerate and expand the company’s capabilities to bring IT wo...
Read More >>Binance, a renowned cryptocurrency exchange platform where more than 100 cryptocurrencies are traded, reportedly announced the acquisition of DappReview, an evaluation platform offering advertising and data-driven rese...
Read More >>MedinCell S.A., a French pharmaceutical company, has signed an agreement with the Bill & Melinda Gates Foundation for an additional $19 million that would be offered over the next four years. The arrangement focuse...
Read More >>The world’s largest producer of wood pellets Enviva Partners, LP (“Enviva”) received green signal from the Virginia Department of Environmental Quality (“Virginia DEQ”) to install voluntar...
Read More >>Salesforce will use Amazon Web Services’ technology to turn customer’s spoken words into text. The partnership will bring...
Read More >>AeroCentury Corp., an aircraft operating lessor and finance company, has recently sold a Bombardier CRJ900 to aircraft manufacturer and component supplier Aeronautical Support International LLC (ASI Aero) through affil...
Read More >>Software company unveiled its novel QuickBooks Live Bookkeeping service to bring together the small & medium scale business and the accountants and bookkeepers. ...
Read More >>The investment aims at carrying out development of smart radar mechanisms for autonomous cars Metawave ...
Read More >>Erickson Inc., one of the leading aerospace and aerial services provider, has been providing best-in-class aviation services for national security, defense, MRO and manufacturing sectors for years. The company aims to ...
Read More >>Waymo LLC, Alphabet Inc.’s self-driving technology development unit, reportedly announced that the company is now providing limited rider only robot-taxi service in Phoenix, Arizona for a few early users of its r...
Read More >>Additive manufacturing technology is considered to hold the potential to revolutionize the way products are manufactured, designed, and supplied. With each passing day, 3D printing is becoming an effective manufacturin...
Read More >>Hyundai Motor Company identifies the significance and impact of automobiles, and strives to fulfill its goals by creating new and advanced vehicles that addresses all the vital issues faced by drivers. The automob...
Read More >>With decades of hard work and hands-on experience, TransPerfect has managed to become one of the largest global providers of technology and language solutions for companies worldwide. With over 5,000 global organizatio...
Read More >>Digital therapeutics are evidence-based interventions conducted by advanced software programs to manage, treat or prevent clinical disorders. Its adoption has augmented the whole medical industry, making...
Read More >>Global organic chocolate market is witnessing a substantial growth due to the increasing health consciousness among customers as well as the growing demand of quality food. Owing to these reasons, the global food indus...
Read More >>The media industry has become a very competitive space lately. Especially in today’s age where consumers crave quality content, small startups have turned out to be a serious contender in this sector. In ord...
Read More >>India’s unicorn startup club has been inducting new members to its ranks at an unprecedented rate over the past couple of years. Recently, unicorns, private startups valued at US$1 billion or more, have been emer...
Read More >>The conglomerate plans to mark its presence in Latin America by investing in venture capital funds, with a strategy to deploy nearly $500 million in five to 10 funds. ...
Read More >>The venture will offer real-time alerts of bad driver activity, thorough state motor vehicle record data and Driver scoring designed according to Lyft's safety standards. ...
Read More >>TurnKey presently supplies a varied group of consumers in the industrial laboratory, defense and gaming industries among others. Using TGM’s ...
Read More >>Every PAX Gold token would be backed by one London Good Delivery gold’s fine troy ounce which will be stored in official vault facilities across London. ...
Read More >>The company aims establish a low-cost supply chain across Southeast Asia which will work as a springboard for its increasing hardware ambitions. Th...
Read More >>Leading bread brand Panera Bread has reportedly struck up a partnership with three third-party delivery services – UberEats, GrubHub and DoorDash. Aside from Panera’s ow...
Read More >>Leading Singapore-based ride-hailing service provider Grab is reportedly gearing up to make an investment of “several hundred million dollars” in Vietnam which it considers to be the next prominent growth m...
Read More >>After the completion of the business combination, a Spirit Banner subsidiary will merge with Ion Energy and change its name to Ion Energy Holdings Inc. ...
Read More >>Asiana Airlines is expecting to receive its initial bids in September accompanied by binding bids in October. Korea Corporate Governance Improvement (KCGI), South K...
Read More >>This will be the first time that both the carriers will be serving Gatwick airport since their partnership in 2014 British airlines Virgin Atlantic and the American...
Read More >>Startup Pikup.ai utilizes automated technologies like sensor fusion, computer vision, and Artificial Intelligence to offer AI-based solutions for businesses. ...
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