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China’s Megvii

China’s Megvii plans to target USD 500 million in new funding

Akshay Kedari December 10, 2018
China-headquartered AI technology provider Megvii Inc., is reportedly intending to raise USD 500 million in a new funding round at USD 3.5 billion valuation. Sources with knowledge of the …
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Milan aims to improve air quality by 2030, plants 3 million trees

Milan aims to improve air quality by 2030, plants 3 million trees

Akshay Kedari December 10, 2018
The Italian fashion capital – Milan has recently announced that it is aiming to fight climate change caused by pollution and will be reportedly aiming to plant 3 million …
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Fiat Chrysler plans new assembly plant to build next-gen SUVs

Fiat Chrysler plans new assembly plant to build next-gen SUVs

Akshay Kedari December 9, 2018
The plant will develop the automaker’s new fleet of SUVs & trucks, eventually generating new jobs in the region Global auto giant, Fiat Chrysler Automobiles (FCA) has recently announced …
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Keppel Corp unit signs deal with Envision to build smart city in China

Keppel Corp unit signs deal with Envision to build smart city in China

Mateen Dalal December 8, 2018
Keppel Urban Solutions, a wholly-owned subsidiary of the Singaporean conglomerate Keppel Corporation Ltd., has reportedly signed a non-binding agreement with the Chinese energy company Envision Energy in a bid …
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Google funds a Japan-based AI and machine learning startup ABEJA

Google funds a Japan-based AI and machine learning startup ABEJA

Akshay Kedari December 7, 2018
Tech giant Google has reportedly made an investment in Japan after it led a follow-on round for ABEJA, a startup focused on artificial intelligence (AI) and machine learning. The …
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Waymo launches its commercial self-driving car service in Phoenix

Waymo launches its commercial self-driving car service in Phoenix

Mateen Dalal December 7, 2018
The service will initially be available to early pilot users for testing new features before going public Waymo, a formerly Alphabet, Inc owned self-driving project owned by Google, has …
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Airbus to teams up with Lockheed Martin for U.S. tanker refueling

Airbus to teams up with Lockheed Martin for U.S. tanker refueling

Akshay Kedari December 6, 2018
 Industry giants, Airbus & Lockheed Martin join forces to fulfil rising aerial refueling demands from U.S. Air Force.  Deal marks Airbus’s first significant foray into U.S. military market since …
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PepsiCo completes acquisition of Israel-based SodaStream International

PepsiCo completes acquisition of Israel-based SodaStream International

Akshay Kedari December 6, 2018
Renowned food company, PepsiCo, Inc. (PepsiCo) has reportedly announced that it has successfully completed the acquisition of the Israel-based manufacturing company, SodaStream International Ltd (SodaStream). Reports cite that the …
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Walgreens collaborates with Kroger to work on its grocery pilot

Walgreens collaborates with Kroger to work on its grocery pilot

Mateen Dalal December 5, 2018
Walgreens Company, a USA-based pharma chain, has recently made it to the headlines for entering into a partnership agreement with fellow American processed food manufacturer Kroger Co. According to …
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VW plans to launch final generation of combustion engine cars in 2026

VW plans to launch final generation of combustion engine cars in 2026

Akshay Kedari December 5, 2018
 Year 2026 to see the last production start on VW’s combustion engine platform  Company to focus mainly on battery-driven vehicles following 2015 diesel emissions scandal  Has set aside 50 …
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WISeKey forms joint venture with Saudi Advanced Technologies

WISeKey forms joint venture with Saudi Advanced Technologies

Ninjacart secures over $89 million in investment from Tiger Global

Ninjacart secures over $89 million in investment from Tiger Global

Reliance denies allegations it has breached US sanctions on Venezuela

Reliance denies allegations it has breached US sanctions on Venezuela

San Francisco startup Lyric raises $160m in Airbnb-led funding round

San Francisco startup Lyric raises $160m in Airbnb-led funding round

Qualcomm and Apple resolve lawsuit over smartphone processor costs

Qualcomm and Apple resolve lawsuit over smartphone processor costs

Credit Suisse to acquire controlling stake in China securities venture

Credit Suisse to acquire controlling stake in China securities venture

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