Adobe confirms acquisition of Substance tools creator Allegorithmic

By acquiring Allegorithmic, Adobe will bring technology and talent to the company, since it has started focusing on 3D. Adobe Inc. has recently made an announcement confirming that it has acquired the French software company Allegorithmic,....

Basilea & Roche to jointly study novel treatment for urothelial cancer

The planned study would assess the efficacy, tolerability, and safety of the derazantinib-atezolizumab combination in patients with confirmed FGFR genomic aberrations and advanced urothelial cancer. Basilea Pharmaceutica Limited, a commerc....

Huawei develops its own chip technology to sidestep U.S. components

The company claims that its chip technology is at par with the leading U.S. technologies. Huawei, the Chinese tech giant, recently announced that it will be using its own technology for a next-gen smartphone instead of U.S. components. Ex....

Microsoft buys Citus Data to expand open source PostgreSQL solutions

Microsoft is planning to work with the team of Citus Data to accelerate the delivery of important, enterprise ready features from Microsoft’s Azure to PostgreSQL. Microsoft has recently confirmed the acquisition of Citus Data, a star....

Google reveals spending over $21M to lobby the U.S. government in 2018

In a quarterly disclosure to the Congress, Google confirmed it shelled out $4.9 million in the fourth quarter on lobbying activities. Google has disclosed in a recent filing that it had spent a record $21.2 million in 2018 on lobbying the ....

Bosch buys Daimler’s stake in EM-Motive, retains full ownership

Bosch, a world leading multinational engineering & electronics firm, is reportedly taking over EM-Motive in its entirety. Sources claim that this electric motor joint venture was founded by Bosch in conjunction with Daimler in 2011. Ap....

Ad tech company OpenX signs a $110 million cloud deal with Google

Post the deal execution, the company would become one of the first 100 percent cloud-based programming advertisement platforms. The U.S.-based programmatic advertising technology company OpenX has reportedly signed a five-year deal with Al....

Tech giant IBM signs 8-year cloud agreement with BNP Paribas S.A

The deal will enable BNP Paribas to utilize IBM Hybrid Cloud solutions to enhance its service capabilities via multiple environments. Tech giant IBM has reportedly announced that it has inked an eight-year agreement to extend its cloud par....