World Health Organization expects monkeypox cases to surge globally
  Author: Shreshtha Dhatrak

The World Health Organization (WHO) expects to see more monkeypox cases as it expands surveillance in places where the disease is relatively uncommon. The UN agency recently revealed that the first European case of monkeypox was confirmed ...

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Larsen & Toubro Infotech extends partnership with Google Cloud
  Author: Pranali Mehta

Larsen & Toubro Infotech (LTI), an Indian information technology services conglomerate, has expanded its partnership with Google Cloud. According to sources, LTI is planning to build a dedicated unit of business for six key solution pillars of...

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Amazon employed over 1.16 Mn people, digitized 4 Mn MSMEs in India
  Author: Shreshtha Dhatrak

Amazon India has claimed to have created over a million jobs and generated USD 5 billion worth in exports through its operations in the country. It has also helped over 4 million small and medium enterprises (SMEs) including weavers, artisans, and...

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Bangladesh approves Oxford-SII’s Covishield for emergency use
  Author: Shreshtha Dhatrak

With countries eagerly waiting for rolling out COVID-19 vaccines for their citizens to curtail the spread of deadly infection, Bangladesh, which has reported over more than 5 lakh COVID-19 cases till date has released a notification regarding emer...

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Florida authorities back Duke Energy’s solar expansion plans
  Author: Shreshtha Dhatrak

The Florida state utility authorities have reportedly extended their support to Duke Energy’s plans for the construction of 10 solar plants through the next four years, in spite of some concerns related to costs and size. According t...

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McDonalds to launch new sandwiches to win fast-food chicken war
  Author: Pranali Mehta

McDonalds, the renowned American fast-food company, is reportedly planning to launch three new sandwiches in February. This initiative has been taken with an aim to win the fast-food chicken war. The fast-food chain’s three new chick...

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UK Co-op rolls out plastic free teabags under eco-friendly pledge
  Author: Pranali Mehta

The UK Co-op has reportedly launched an array of plastic-free teabags three years after it pledged to roll out an eco-friendly version of the country’s favorite beverage. As per sources, it was unlikely that mass-produced teabags would be ta...

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New iron-based catalyst to power airplanes using CO2 to make jet fuel
  Author: Pranali Mehta

Airplanes nowadays emit large amounts of climate-warming carbon dioxide into the atmosphere. However, there is a possibility that someday the carbon dioxide sucked from the atmosphere could be used to power airplanes. It has been reported ...

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Fiserv to boost Bank of Queensland’s digital approach in Australia
  Author: Pranali Mehta

U.S.-based leading provider of payments and financial services Fiserv Inc. has reportedly been selected by the BOQ (Bank of Queensland) Group to deliver card issuing and management solutions which can support multiple ...

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Green family to pay £50m towards Arcadia pension scheme within 10 days
  Author: Shreshtha Dhatrak

Family of Arcadia’s Sir Philip Green is expected to pay a promised, stipulated amount of £50m into their fashion empire’s pension scheme over the next 10 days, which effectively is almost a year prior...

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China’s SMIC, CNOOC to be blacklisted in the U.S.
  Author: Pranali Mehta

The Trump administration is determined to block chipmaker, Semiconductor Manufacturing International Corp. (SMIC) and China National Offshore Oil Corp. (CNOOC) from American investment due to military ties, as per reli...

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Sony to restock its new flagship PS-5 units by the end of this year
  Author: Shreshtha Dhatrak

Sony, the leading Japanese conglomerate, has reportedly confirmed that it intends to restock its PS-5 (PlayStation 5) inventory by the end of 2020 after its latest launched gaming consoles went out of stock in the comp...

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Penguin Random House purchases Simon & Schuster for $2.2 Billion
  Author: Pranali Mehta

Bertelsmann, a German-based media conglomerate, has reportedly announced that its Penguin Random House unit, the largest U.S publisher, would acquire Simon & Schuster, its rival, from ViacomCBS in a $2.17 billion t...

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Vettery acquires Hired to create comprehensive talent marketplace
  Author: Shreshtha Dhatrak

Vettery, a hiring marketplace, has recently announced the acquisition of a leading marketplace for technology talent, Hired. Following this deal, the two companies will collaborate on creating the largest & most co...

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NICE launches new AI-powered ENLIGHTEN fraud Prevention solution
  Author: Pranali Mehta

NICE, a cloud and on-premises enterprise software solutions provider, has reportedly launched a new AI-powered solution, named ENLIGHTEN Fraud Prevention. This solution would offer consistent and automatic fraudster ex...

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Shutterstock Launches an Advanced SSO integration to Improve Security
  Author: Shreshtha Dhatrak

Shutterstock, Inc., a leading global technology organization providing a creative platform for exceptional content, services, and tools, announced major technical support for enterprise customers by using simple sign-o...

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Wheel Pros signs an acquisition agreement with Performance Replicas
  Author: Pranali Mehta

Leading developer of branded aftermarket wheels, Wheel Pros, LLC has recently inked an acquisition deal with Performance Replicas, Inc. to take over its assets. Performance Replicas is a renowned entity in the factory ...

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UK-based online supermart Ocado buys two US based robotics companies
  Author: Shreshtha Dhatrak

Ocado, a UK based online supermarket, has reportedly announced the acquisition of two US based robotics firms as the company looks to increase efficiency at its warehouses. The firm, which also raised its annual profit...

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Vestas-MHI enter agreement to acquire shares in MVOW joint venture
  Author: Shreshtha Dhatrak

Vestas Wind Systems has reportedly entered an agreement with Mitsubishi Heavy Industries to acquire shares in the MVOW (MHI Vestas Offshore Wind) joint venture. The deal is against MHI’s acquisition of 2.5% share...

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Velocita Energies commissions 40 MW wind energy farm in France
  Author: Pranali Mehta

Velocita Energies, a subsidiary of Envision Group, has reportedly announced the commissioning of a new wind energy farm, Entre Tille et Venelle, in France. Developed within the Burgundy-Franche-Comte of the country, th...

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Accenture Takes Over the Atlanta-based B2B sales Company, N3
  Author: Shreshtha Dhatrak

Accenture, the fortune global 500 company, announced that it has completed the acquisition of N3, an Atlanta-based B2B sales firm that integrates specialized talent with machine learning (ML) capabilities and artificia...

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SDL Starts Using Sisense Platform to Get Data and Analytic Insight
  Author: Shreshtha Dhatrak

Sisense, a pioneer in analytics platform for builders, announced that SDL, a specialist in language translation software and services, has provided all its employees with immediate access to easily consumable customer ...

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CriticalPoint Capital acquires Shoes.com from retail giant Walmart
  Author: Pranali Mehta

CriticalPoint Capital, a US based private investment company, has reportedly announced that it acquired Shoes.com, the renowned online apparel, footwear, and accessories retailer from retail giant, Walmart Inc. Shoes.c...

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Automation Anywhere Inc. releases AARI smart digital assistant
  Author: Shreshtha Dhatrak

Robotic process automation leader, Automation Anywhere, Inc., has reportedly released a smart digital assistant called Automation Anywhere Robotic Interface (AARI). The assistant has been designed for a new era of work...

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Batelco Becomes the 1st Company to Activate 5G Coverage in Bahrain
  Author: Shreshtha Dhatrak

Batelco, the leading telecommunications company in Bahrain, announced that it has successfully activated 5G coverage throughout Bahrain. While making 5G coverage available in all the four governorates and covering 95% ...

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Phenom Acquires My Ally to Bring Advanced Automation to HR Teams
  Author: Shreshtha Dhatrak

Phenom, a leading Talent Experience Management firm, announced that it has acquired My Ally. Being an AI-based HR technology company, My Ally is recognized for its automation expertise. With this acquisition, My Ally w...

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Qumu helps the AFSP conduct its 2020 Overnight Walk virtually
  Author: Shreshtha Dhatrak

Qumu, a leading cloud based Enterprise Video Technology provider, has reportedly announced that it has helped the AFSP (American Foundation for Suicide Prevention) virtualize its 2020 Overnight Walk event. AFSP’s...

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Draganfly offers social distancing equipment for commercial production
  Author: Shreshtha Dhatrak

Draganfly Inc., the Canada-based firm specializing in drone and UAV technologies has reportedly announced that veteran commercial producers named Ron Cicero and Richard Goldstein have selected the company as the sole p...

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Arçelik Successfully Becomes Carbon-Neutral in Global Production
  Author: Shreshtha Dhatrak

Operating in around 150 nations, Arçelik will soon achieve its goal of becoming a carbon-neutral company. Arçelik marks a breakthrough in its sustainability efforts to develop climate-friendly products th...

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Guoyao to use electromagnetic force in short-range tonnage launch
  Author: Shreshtha Dhatrak

Guoyao Tech, a Guangzhou-based startup, has recently revealed a roadmap for the 10-kg satellite prototype launch by 2022. In addition, the company has announced the launch of the short-range tonnage by using electromag...

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Koch Media announces acquisition of Vertigo Games for €50 million
  Author: Shreshtha Dhatrak

Sweden-based Embracer Group AB has become a leading force in the gaming industry in a very short time, predominantly as the firms under the umbrella keep expanding. This is the case today with Koch Media GmbH, which re...

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Pentagon reconfirms its decision to offer cloud contract to Microsoft
  Author: Pranali Mehta

The Pentagon has reportedly reconfirmed its decision of offering its largest cloud computing contract deal to Microsoft rather than industry leader, Amazon, disregarding a court decision that stopped the previous award...

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ConnectiveRx collaborates with HelpAround to streamline patients’ care
  Author: Shreshtha Dhatrak

ConnectiveRx, one of the leading patient support and access solution providing companies, has reportedly announced a strategic investment in Maryland-based HelpAround in a bid to simplify the patients’ access to ...

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TCV acquires global spend management leader oversight systems
  Author: Shreshtha Dhatrak

Oversight Systems, the U.S-based global leader in spend management technology, has reportedly received a strategic investment from private equity firm TCV. Sources cite that TCV has...

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Fino Services, LLC Enhances Customer Experience with Input 1 Payments
  Author: Shreshtha Dhatrak

Fino Services, LLC announced that it has switched to Input 1 payments, one of the leading insurance payment platform providers. The move is reported to significantly improve their customer and agent relationships and b...

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Panda Express to offer online gift cards using Blackhawk’s CashStar
  Author: Shreshtha Dhatrak

Panda Express, an American Chinese restaurant brand, has reportedly partnered with Blackhawk Network eCommerce Solution, a branded payments provider, in order to expand its gift card program using CashStar Consumer tec...

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Genome engineering firm Synthego raises $100 Mn in Series D round
  Author: Shreshtha Dhatrak

Synthego Corporation, a start-up developing a machine learning-based approach to genome engineering, has reportedly raised USD 100 million in a Series D funding round. The funding round was led by novel investor Wellin...

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BrewDog becomes carbon negative by switching to wind-powered breweries
  Author: Shreshtha Dhatrak

BrewDog, a Scottish brewing company, has recently gone carbon negative by making a switch to wind power for its bars and breweries. The company is also planning to enter the business of planting trees on the 2,050-acre...

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All Covered acquires Depth Security to strengthen security offerings
  Author: Shreshtha Dhatrak

The acquisition has equipped All covered with both Blue Team (Vulnerability Management, Active Defense security monitoring) and Read Team (Advisory emulation and Testing Services) capabilities. &...

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Charter Hall teams up with GIC to buy stake in Ampol Property Trust
  Author: Pranali Mehta

Charter Hall, a renowned Australian property investment management firm, has reportedly announced that it has teamed up with GIC, the sovereign wealth fund of Singapore to acquire approximately 49% stake in Australian ...

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Pipeline acquires HAZMATPAC to meet high certified packaging demand
  Author: Shreshtha Dhatrak

Pipeline Packaging, the largest rigid industrial container distributor in the U.S., has reportedly acquired a packaging container manufacturer and distributor, HAZMATPAC, Inc. Since...

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J-POWER & AP Solar start joint development of Charger Solar project
  Author: Shreshtha Dhatrak

J-POWER USA Development Co., Ltd., Avondale Solar, Solar Plus Development, and AP Solar Holdings (a joint venture company of Avondale & Plus) have reportedly reached an agreement. As per the agreement, th...

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BioTelemetry acquires RPM & coaching platform from Envolve People Care
  Author: Shreshtha Dhatrak

BioTelemetry, Inc., a medical laboratory company, has recently announced the acquisition of the On.Demand™ RPM (remote patient monitoring) & coaching platform. This platform is operated by a wholly owned...

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Curi Bio buys Dana Solutions to boost drug development platform
  Author: Shreshtha Dhatrak

Curi Bio, a US-based biotechnology firm that specializes in developing human iPSC-based platforms, recently announced that it has acquired Dana Solutions, a prominent machine learning and artificial intelligence compan...

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Madison Cloud rolls out its Private MultiCloud Storage (PCMS) solution
  Author: Shreshtha Dhatrak

Data storage solution provider, Madison Cloud, has reportedly announced the roll-out of its latest cloud innovation, Private MultiCloud Storage (PMCS). The solution has been developed through StorONE-owned software def...

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Uber announces acquisition of public-transit software firm Routematch
  Author: Shreshtha Dhatrak

Around one month after Uber Technologies Inc. announced the acquisition of Postmates to strengthen the food delivery business, it seems that the ridehailing giant is looking to expand its reach into the public transit ...

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Fisker goes public via reverse merger with Spartan Energy Acquisition
  Author: Shreshtha Dhatrak

Fisker Inc., an American EV (electric vehicle) automaker, is reportedly going public via a reverse merger with Spartan Energy Acquisition, a SPAC (special purpose acquisition company). ...

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Allstate to acquire National General to grow independent agent business
  Author: Shreshtha Dhatrak

The Allstate Corp., an insurance company, has reportedly entered an agreement to acquire National General Holdings Corp. for nearly $4 billion or $34.50 per share. The deal, which is expected to close in the beginning ...

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EIB to invest €43.5M in Cabrera Solar Project in Spain, backed by EFSI
  Author: Shreshtha Dhatrak

The EIB (European Investment Bank) is reportedly placing its focus on investing 43.5 million euros ($48.8 million) in Cabrera Solar Project, a solar PV project. This investment from the EIB for the project in Andalusia...

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SDN Communications selects Nokia to automate IP and optical networks
  Author: Shreshtha Dhatrak

With the potential to attain speeds 100 times faster than existing 4G networks and bring a new wave of digitalization across industries, it’s no wonder that organizations are putting their best foot forward to st...

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Saudi Aramco proceeds to acquire 70% share in Saudi Basic Industries
  Author: Shreshtha Dhatrak

Saudi-owned multinational petroleum and natural gas major, Saudi Aramco, has reportedly announced its purchase of 2.1 billion shares in the leading Saudi Arabian chemical manufacturing company, Saudi Basic Industries (...

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E3/Sentinel plans to take over software developer Lucid Perspectives
  Author: Shreshtha Dhatrak

Virginia based leading provider of service-driven solutions, E3/Sentinel, has reportedly announced its plans to acquire Virginian software development major Lucid Perspectives LLC. The acquisition has been reported to ...

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Banking app Lili bags US$10 million from its latest seed funding round
  Author: Pranali Mehta

Lili, the all-inclusive banking app developed for freelancers, has recently announced that it has secured $10 million from its latest seed funding round that would be used to provide comprehensive financial services an...

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Partner Therapeutics begins clinical trials for Leukine in Singapore
  Author: Pranali Mehta

  The trials are being conducted to test the effects of Leukine on respiratory failure due to COVID 19. The drug has already been under clinical trials for COV...

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Instagram rolls out tools to help users earn money via online videos
  Author: Shreshtha Dhatrak

Instagram, the social networking service owned by Facebook, has reportedly rolled out new tools for users in the mobile video content market. The tools will enable users to earn money by posting online videos as the se...

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Uber lays off 600 employees as part of a global restructuring plan
  Author: Shreshtha Dhatrak

Uber, recently announced that it has laid off about 600 of its employees – amounting to about 25% of its Indian workforce. The overall headcount of the same is 2,400 across the country, spanning the verticals of ...

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Amazon officially enters gaming industry with the launch of Crucible
  Author: Pranali Mehta

As Amazon Inc. already has a strong foothold in numerous sectors including e-commerce, video platforms, and groceries, it’s no surprise that the company wants to create its influence in the gaming industry. The J...

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FTI Consulting inks agreement to buy few assets of Delta Partners
  Author: Shreshtha Dhatrak

FTI Consulting, Inc. recently announced that it has inked an agreement to buy particular assets of a renowned investment banker and strategy consulting company focused on telecom, media & technology, Delta Partners...

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CoStar to take over real estate online platform Ten-X Commercial
  Author: Shreshtha Dhatrak

CoStar Group, a leading digital analyst for lease and sale of commercial properties in North America and Europe, has agreed to purchase of Ten-X Commercial, a real estate online platform known for liquidation of stress...

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Costco to create 1,000 jobs for new operations center in Oklahoma City
  Author: Pranali Mehta

The on-going coronavirus pandemic is battering the American economy, causing many businesses to close down. In a bid to give a much needed economic boost to Oklahoma City, Costco Wholesale Corporation, the U.S-based mu...

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Code42 integrates with Cortex XSOAR platform to aid security landscape
  Author: Pranali Mehta

Code 42 Software Inc., one the leading companies offering insider threat solutions for cybersecurity, has reportedly integrated with Palo Alto Networks’ Cortex XSOAR platform to help enterprises for managing data...

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Newcrest buys Lundin Gold’s Fruta del Norte finance facilities
  Author: Shreshtha Dhatrak

Lundin Gold Inc., the Canada-based mining company, has reportedly announced that Newcrest Mining Limited has inked an agreement with Blackstone Tactical Opportunities and Orion Resource Partners to acquire project financing package offered to Lund...

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NOBL Beverages puts forth an acquisition offer for MATI Energy
  Author: Shreshtha Dhatrak

NOBL Beverages, based out of New Hampshire, has apparently purchased the defunct energy drink manufacturer MATI. As per reports, NOBL plans to relaunch the organic brand. This is po...

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Incrediwear launches a new donation program to help healthcare workers
  Author: Shreshtha Dhatrak

Incrediwear Inc., a U.S-based company manufacturing anti-inflammatory socks, sleeves, and braces, has reportedly launched a new program, called ‘Help a Healthcare Hero Donation Program’, aimed to offer its ...

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E-signature tech touted to help in risk management against COVID-19
  Author: Pranali Mehta

Technological evolution has taken a positive turn despite the coronavirus pandemic. Various companies have been trying to develop and create novel innovations that may contribute towards the risk management of current ...

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Novelis declares completion of its buyout of Aleris Corporation
  Author: Pranali Mehta

  The acquisition will expand the company’s product portfolio in aerospace sector along with raising its stance in Asia. ...

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MediaTek and Samsung likely to be Huawei’s 5G modem suppliers
  Author: Pranali Mehta

Huawei Technologies Co. Ltd., the Chinese technology giant, is looking to decrease its dependency on U.S companies following the trade restrictions imposed by the American government last year. With Qualcomm blocked fr...

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Facebook’s COVID-19 survey to help researchers track disease spread
  Author: Shreshtha Dhatrak

Social media platform to launch a covid-19 survey for its users to support researchers track the path of epidemic spread. The survey is expected t...

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BigRentz bags new $15M investment form a private round & procures EMG
  Author: Pranali Mehta

BigRentz, a renowned construction equipment renting company, reportedly announced that it has closed a new $15 million private investment round. This novel investment comes from ITOCHU Corporation, a new lead investor,...

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U.S emergency bill could support home-rental start-up Airbnb hosts
  Author: Pranali Mehta

As an unprecedented move, the U.S. Senate recently granted a massive stimulus package aimed at supporting the country’s economy and industries through the coronavirus outbreak. ...

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Google unveils portal to provide the latest COVID-19 information in US
  Author: Shreshtha Dhatrak

Google has recently launched a portal in the U.S. focused on providing people the most up-to-date guidance and direction on COVID-19, on account of still-rising death toll across the country. It unveiled Google.com/cov...

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Self-driving vehicle firms to halt testing following COVID-19 fears
  Author: Shreshtha Dhatrak

Renowned self-driving tech firms like Uber, Waymo and Cruise have reportedly suspended testing of their autonomous vehicles, that apparently involve backup drivers, to support the efforts of trying and containing the s...

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Verily launches coronavirus website for northern California adults
  Author: Shreshtha Dhatrak

Verily Life Sciences, a healthcare technology organization owned by Alphabet Inc., has recently launched a coronavirus consulting website for adults in northern California. Through the website, which has been jointly developed with some of Google&...

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Disney offers its bundle of Disney+, Hulu, and ESPN+ for just $12.99
  Author: Pranali Mehta

With a price tag of $12.99, the bundle is on par or even cheaper than its competitive streaming services like Amazon Prime Video and Netflix. Disney, a multinationa...

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Cobham asks defence secretary to block deal citing security issues
  Author: Shreshtha Dhatrak

· The founders of British defence firm Cobham has requested the government to mediate in the 4 billion pound worth takeover of the company by Advent International. ...

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FCC approves of broadband subsidy auction worth USD 20 billion
  Author: Pranali Mehta

FCC has reportedly approved the rural broadband subsidy auction to bridge the digital division. The agency has also adopted a strategy to enhance i...

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NSW extends contactless payment options to Sydney public transport
  Author: Pranali Mehta

Buses would be able to accept payments through PayWave or PayPass   Commuters have already begun using electronic devices, credit cards...

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Garmin TeamX unveils new features for their flight instruments
  Author: Pranali Mehta

The company’s G5 electronic flight instrument and G3X Touch flight display would be getting new features. New software as well as optional ha...

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