Merck to invest $70m for R&D facility expansion in Massachusetts

The building construction is scheduled to be completed in 2021 and is designed to offer office space, wet labs and a cafeteria. Merck, one of the leaders in the pharmaceutical industry recently announced that it will be investing $70 milli....

Waymo likely to join hands with the Renault-Nissan-Mitsubishi alliance

Nissan and its alliance partners may be planning to jointly develop unmanned taxis with Nissan’s vehicles. The globally popular automotive partnership, Renault-Nissan-Mitsubishi alliance has apparently made it to the front page for a....

Thermo Fisher to collaborate with Torque to develop Slipstream™

The Torque-Thermo Fisher manufacturing facility is expected to come online by the end of 2019. Thermo Fisher Scientific Inc., the biotechnology products development company and Torque, an immuno-oncology company recently announced that the....

Facebook buys blockchain startup Chainspace in apparent first

This is the first blockchain-related acquisition of Facebook.   Facebook is hiring only the core team of Chainspace but none of the firm’s technology Social media giant Facebook has reportedly acquired blockchain startup Ch....

CBRE confirms acquisition of Romonet to expand data center solutions

Reports confirm that CBRE Group, Inc. has acquired the assets of leading advanced analytics software company Romonet Limited, which offers consulting and technology services to large global operators of data centers. With this acquisition, ....

UK university uses graphene to develop lung cancer detection device

The new device possesses the potential to detect specific lung cancer markers at the earliest stage possible. In what may seem to a pathbreaking revolutionary finding in global healthcare, scientists at the University of Exeter, UK, have r....

Thai Central Group makes a $200m investment in Grab’s Thai entity

Central will be acquiring a non-controlling but significant stake in the Thai entity of the Singapore based Grab. Grab, the Southeast Asian ride-hailing firm, recently announced that it has raised approximately $200 million from Thailand&r....

Lazada integrates RedMart to impel supermarket plans in Southeast Asia

The integration is likely to expedite Lazada’s supermarket and grocery offerings to over 165,000 products. The Alibaba-backed e-commerce company Lazada has recently announced that it will be integrating its e-grocer RedMart onto its ....

U.S. FDA approves first generic drug for asthma and COPD treatment

The generic drug will mean low cost but high-quality drug access to people suffering from chronic respiratory and lung diseases. The U.S. Food and Drug Administration recently announced that it has approved the first generic version of Adv....

Swift to connect its new GPI technology with R3’s blockchain platform

World’s leading financial messaging service provider Swift has recently announced a partnership with R3, a blockchain startup that leads a consortium of major financial institutions. As part of the partnership, Swift would be connecti....