Nakilat, McDermott confirm joint venture to offer fabrication services

Shipping company Nakilat has confirmed that it is entering into an agreement with US-based McDermott to establish a strategic partnership, for creating a 60:40 joint venture entity which would provide onshore and offshore fabrication servic....

Google, MediaTek partnership to boost machine learning in mobile apps

Taiwan-based fabless semiconductor company MediaTek Inc. has recently announced an expansion of its collaboration with Google, with its Helio P90 chipset to support the ML Kit of Google for bringing machine learning techniques for mobile de....

Alibaba grabs 8% interest in anime and game hosting platform Bilibili

Chinese e-commerce giant Alibaba has recently acquired an 8% stake in Bilibili, the Shanghai-based anime streaming and game publishing firm backed by Tencent. With this move, Alibaba has seemingly made another push towards the world of yout....

Rapyd raises $40 million in a Series B funding round led by Stripe

Rapyd, a UK-based Fintech-as-a-Service (FaaS) platform, has raised about USD 40 million in a Series B funding round led by Stripe and General Catalyst. As per trusted sources, the latest funding round witnessed participation from Ignia, Tar....

Macquarie Group invests in Digital Reasoning to expand AI into finance

Leading developer of Artificial Intelligence (AI) for Human Behavioral Insights (HBI) and Language Process Automation (LPA), Digital Reasoning has recently confirmed a strategic investment made in the company by financial services provider ....

U.S. FDA to clampdown potentially perilous dietary supplements

Council for Responsible Nutrition welcomed the action against companies that have tarnished consumer confidence for all legitimate products. The U.S. Food and Drug Administration recently announced that it will be strengthening its restric....

TCS and JDA Software to develop next-gen supply chain solutions

Tata Consultancy Services (TCS), Indian IT major, recently announced a global partnership with JDA Software, a leading provider of retail solutions & supply chain, to develop next-generation cognitive solutions to optimize supply chain ....

SGX rejects Nutryfarm’s bid to acquire 45% stake in First Linkage

Investment holding company NutryFarm International’s bid to acquire 45 percent stake in tech firm First Linkage for 90 million Chinese yuan has reportedly been rejected by the Singapore Exchange over concerns surrounding contractual w....

Toyota upgrades Tacoma and TRD Pro to fortify mid-size pickup range

The upgraded version of Tacoma midsize pickup truck has high-end features such as Apple Car Play Japanese automotive giant Toyota has reportedly launched an upgraded version of Tacoma midsize pickup truck with larger touch screens and othe....

Docomo & Hatch partner to introduce cloud gaming services in Japan

Hatch’s gaming services are presently available in the UK, Ireland, and Nordic nations. Since App Store forbids streaming services, cloud gaming will be accessible only through Android   devices.    &....