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  • Online Lending Firm Capital Float secures $22Mn Funding from Amazon

    Published On : Apr 24,2018

    Low credit penetration in emerging markets has been a cause for concern for financial services companies and lending firms. In India, this has attracted massive investments from global players in recent months, with an objective to expand the avai

  • Images of Peculiar Ice Circles Around Arctic Regions Confound Scientists

    Published On : Apr 24,2018

    NASA aircraft captured images over the Earth’s Arctic and Antarctic regions, and were taken aback by the presence of mysterious circles along the poles. The presence of three amoeba shaped holes in an unbroken, vast sheet of ice has left scienti

  • New Zero-Day Vulnerability in Windows Exposed by Quihoo-360

    Published On : Apr 23,2018

    Chinese organization Quihoo 360 says it's discovered a Windows zero-day in the wild, but since it's advised Microsoft, it's not informing anyone else how it functions.

    Clients don't should be currently utilizing Internet Ex

  • U.S. Retail Giant Walmart may Buy 51% Stake in Flipkart this Month

    Published On : Apr 23,2018

    Strategic acquisitions in a burgeoning e-commerce sector in India are expected to up the ante higher for retail companies. Amid intense speculation and months of elaborate talks, the U.S.-based multinational retail giant Walmart Inc. is finally co

  • Chrome 66 Update Now Mutes Annoying Videos that Played by Default

    Published On : Apr 20,2018

    The latest version of Chrome Web browser, the Chrome 66 from Google, is now zeroing dwon on those loud and annoying autoplay videos found on too many sites, and is automatically blocking them in a number of cases. This feature was originally promi

  • P&G inks $4.2Bn Pact to buy German Merck KGaA’s Consumer Health Brands

    Published On : Apr 20,2018

    The multi-national consumer goods corporation Procter & Gamble Co. (P&G) is gearing for mega acquisitions to make up for the continuing losses in its market share. In a bid to broaden its portfolio of healthcare brand, the U.S.-based consumer gian

  • French Oil Giant Total places $1.73Bn Bet on buying Utility Company

    Published On : Apr 19,2018

    The shift in the energy sector to adopt low-carbon energy assets is creating shake-ups in the traditional oil and gas industry, especially in emerging and developed markets. Amid this unstoppable trend, a number of oil and gas firms in Europe are

  • French Drug Giant Sanofi in Talks to sell Generics Business to Advent

    Published On : Apr 18,2018

    The French multinational pharmaceutical company, Sanofi S.A., is considering strategic moves in generics business in a bid to simplify its business operations and consolidate its pipeline. The French pharmaceutical giant announced on April 17, 201

  • Indian Ride Hailing App to Enrich Fleet with Electric Vehicles

    Published On : Apr 16,2018

    Indian cab aggregator Ola, which is backed by Softbank Group of Japan, has announced adding around 10, 000 electric three-wheelers to its fleet to do its bit for the environment. The addition will be done over the next 12 months.

    In line w

  • Goldman Sachs Subsidiary Acquires Personal Finance App Clarity Money

    Published On : Apr 16,2018

    Financial services companies and banks, including investment banking, are increasingly harping on consumer-centric approaches to personal finance to attract consumers. Machine learning technologies, powered by apps, are occupying a key role in suc

  • Facial Recognition Lampposts Spark Privacy Concerns in Singapore

    Published On : Apr 13,2018

    The tiny yet hi-tech city state of Singapore, obsessed with perfection and safety and intending to take it a notch higher is now on course to test facial recognition on lampposts. If it yields proper results, soon surveillance cameras could be mou

  • Boeing Partners with HAL and Mahindra for locally building Combat Jets

    Published On : Apr 13,2018

    In one of the world’s largest fighter jet procurement deals, the Boeing Company announced on April 12, 2018 that it has entered into an agreement with India’s state-owned Hindustan Aeronautics Limited (HAL) and private sector Mahindra Defence

  • Instagram Users Can Soon Download Data

    Published On : Apr 12,2018

    Instagram, the photo-sharing social media app, lacks data portability. Yes, it does not have something like Facebook’s Download Your Information. However, that may soon be history with the spokesperson of Instagram announcing a soon-to-be-launch

  • Bayer Agrees to Sell Digital Farming Solutions to BASF for Monsanto Deal

    Published On : Apr 12,2018

    After the German multinational, pharmaceutical and life sciences giant Bayer AG recently secured antitrust approval from EU for buying Monsanto Company at $62.5Bn, it has now inched closer to winning the United States Department of Justice, accord

  • Reddit Removes Accounts Responsible for Misleading Russian Propaganda

    Published On : Apr 11,2018

    Social media network Reddit claims it has uncovered 944 accounts related to Internet Research Agency (IRA), the troll farm from Russia held responsible for spreading misleading information and carrying out propaganda on social media sites in the U

  • Saudi Aramco inks Pacts with French Companies starting with Total S.A.

    Published On : Apr 11,2018

    Scores of deals and agreements that were signed at the France-Saudi business forum on April 11, 2018 have paved way for disruptive forces in the economy of the Middle East and Africa (MEA). A number of French companies consider Saudi Arabia as the

  • Alphabet Inc. to Partake in Toronto Smart-city Project

    Published On : Apr 10,2018

    Futuristic smart cities are where most technology companies are betting big these days. And Sidewalk Labs, which is Alphabet Inc.'s urban innovation arm, is the latest to create news in this direction with the announcement of its maiden smart-

  • Novartis to acquire AveXis in US$8.7Bn Deal to count on Gene Therapy

    Published On : Apr 10,2018

    Pharmaceutical giants are showing a penchant for cutting-edge gene therapies to bolster their pipelines. To this end, a few globally prominent drugmakers are entering into strategic acquisitions with biotechnology companies. Awash with funds, a la

  • WhatsApp May not be Upholding the Security of Users, Claim Experts

    Published On : Apr 06,2018

    Several security experts and professionals have expressed contention about the security of WhatsApp, a messaging service owned by Facebook. The doubts raised by the experts follow a series of accusations against Facebook about having revealed user

  • MakeMyTrip Collaborates with Flipkart to Widen Travel Services Range

    Published On : Apr 06,2018

    In the backdrop of escalating competition in the e-commerce sector, global as well regional players are rolling up their sleeves and engaging in moves to expand the range of services. Flipkart Online Services Pvt. Ltd, an India-based prominent com

  • Apple to Introduce Revolutionary Features in Next iPhone Model

    Published On : Apr 05,2018

    Speculations and discussion about the next iPhone model have been floating across the smartphone market over the past few months. It has now come to light that Tim Cook and his team of experts is working on making two key improvements in the upcom

  • 6 River Systems Secures $25Mn in Series B Round for Warehouse Robotics

    Published On : Apr 05,2018

    Robotics has been the harbinger of a new wave of automation in a range of industry verticals. One of the areas where robots and the related automation technologies caused paradigmatic shift is the e-commerce industry. World over, warehouses and di

  • $248M Contract by NASA will let Lockheed Develop Supersonic Craft

    Published On : Apr 04,2018

    Supersonic travel for passengers are soon to become reality. At least, initiatives to develop jet engines that travel faster than the speed of sound have already begun under NASA aeronautics group. The research institute, notably, undertakes multi

  • Apple to Replace Intel Chips with its Own Chips in Its Computers

    Published On : Apr 03,2018

    Apple plans to make a shift from the Intel chips it had been using until now to chips manufactured by Apple itself. A similar shift had taken place in 2005 when Apple shifted to Intel chips from Motorola and IBM’s chips. During that phase, the c

  • SoftBank, Alibaba commits $445Mn Funding in India’s Paytm E-Commerce

    Published On : Apr 03,2018

    The e-commerce sector in emerging markets are attracting massive investments from multinational investors. Getting buoyant on the burgeoning e-commerce sector in India, investors are pouring in multi-million dollars in online shopping portals. Ind