About Author : Nikita Chaurasia

Nikita Chaurasia

Having always been daft at wordplay, Nikita Chaurasia, post the completion of post-graduation, commenced her journey into the content generation cosmos. Endowed with a professional MBA degree in Advertising and Public Relations, Nikita strives to integrate her creative side with the technical competency required in her articles, thereby penning down insightful pieces for ReportsGO.com and a few other sites.



Contribution by Nikita Chaurasia

Supercom signs a supply contract of PureSecurity EM suite in Wisconsin

Israel-based leading provider of advanced solutions for cybersecurity, IoT (Internet of Things) and e-Government sectors Supercom has reportedly signed a supply agreement to deliver its PureSecurity EM (Electronic Monitoring) product suite in Wiscons...

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FAA grants approval for mass air shipment of Pfizer’s COVID-19 vaccine

Chicago-headquartered airline company United Airlines Inc. has reportedly started operating charter flights for the distribution of Pfizer Inc.’s COVID-19 vaccine after receiving approval from the Federal Aviation Authority (FAA). For the reco...

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Twitter releases plans to relaunch verification program in early 2021

Twitter Inc. has reportedly planned to relaunch the user verification program as well as a new public application process by 2021. According to reliable sources, the move will allow the American social networking company to address the confusion rega...

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Blackstone on the lookout for USD 5 billion for its second Asia fund

U.S.-based investment management company Blackstone Group Inc. is reportedly seeking to secure around USD 5 billion for its second private equity funding in Asia. Sources close to the company claimed that the company has already started promoting its...

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Qantas aims to expand international flights by 50% of pre-COVID levels

According to reliable sources, Australia’s leading airline Qantas Airways Limited, is aiming at restoring its international flight services by 50% by mid-2021 as compared to its normal capacity before the advent of the COVID-19 pandemic. It is...

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WHOOP, Field Trip partner to study impact of psychedelic therapies

WHOOP Inc., a prominent provider of health tracking and monitoring services, has reportedly announced a partnership with Field Trip Health Ltd., leader in development and delivery of psychedelic therapies. According to reliable sources, Field Trip wi...

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SSE, National Grid, Scottish Power unite to build electric superhighway

Eastern Link superhighway will set off from Torness and Peterhead. The project will reportedly utilize some of the world’s longest subsea high-voltage cables. In recent developments, three of the largest British energy companies, namely S...

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NovaBay Pharmaceuticals unveils its skincare product Clinical Reset

According to reliable sources, California-headquartered clinical-stage biopharmaceutical company, NovaBay Pharmaceuticals, Inc., has reportedly announced the consumer launch of its FDA-approved skincare product, CelleRx Clinical Reset. For the ...

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Eli Lilly and Company’s bamlanivimab wins EUA for COVID-19 treatment

Eli Lilly and Company has reportedly received an EUA (emergency use authorization) by the U.S. FDA for its monoclonal antibody vaccine, bamlanivimab. Bamlanivimab will be used for the treatment of mild-to-moderate COVID-19 cases in pediatric patie...

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Bigbasket confirms data breach of 2 crore users during cyberattack

The leaked information included phone numbers, addresses, location, IP addresses of login, and date of birth among other details. Bigbasket reportedly assured that details of debit and credit cards of the users were not exposed during the breach. ...

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NHS to initiate COVID-19 vaccine distribution by the end of November

  The vaccine will be first delivered to homecare residents, frontline healthcare professionals and people over 80 years. Reportedly, doctors would be paid £12.58 for each dosage of the vaccine According to reliable sources, the pub...

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Firstsource teams up with Uniphore to offer unique AI-based solutions

Firstsource Solutions Limited, which is owned by a global Business Process Management (BPM) services provider RP-Sanjiv Goenka Group, has reportedly declared its partnership with Uniphore, a prominent service provider of Conversational Service Automa...

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Denmark detects COVID-19 mutation that may hinder vaccine development

  Around 217 farms in Denmark have been detected with the mutated COVID-19 virus. Reportedly, the WHO has not yet decided if the mutation needs warrant for new classification. Denmark has reportedly found a COVID-19 mutation that may hamp...

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NHS on standby for possible COVID-19 vaccine rollout in December

NHS (National Health Service), a U.K.-based government-funded health care system, has reportedly been told to prepare for potential COVID-19 vaccine rolls outs by December 2020. Sources with knowledge of the matter stated that the GPs (General Pract...

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JPMorgan raises its stake in Chinese securities business to 71%

JPMorgan Chase & Co., a U.S.-based multinational investment bank and financial services provider, has reportedly raised its stake in a Chinese securities business to secure 71% stocks. Sources with knowledge of the matter stated that the bank rec...

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MHRA starts rolling reviews of AstraZeneca’s COVID-19 vaccine candidate

British multinational pharmaceutical company AstraZeneca Plc has reportedly announced that the Medicines & Healthcare Products Regulatory Agency (MHRA) has begun an accelerated rolling review of its potential COVID-19 vaccine. Typically, health ...

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Facebook sued for failing to protect data in Cambridge Analytica breach

  The group taking the social media giant to court is ‘Facebook You Owe Us’. Facebook claims to have not received any documents pertaining to the lawsuit. American social media conglomerate Facebook Inc. has reportedly been sue...

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Sony witnesses high demand for Play Station 5 through preorders

Japanese multinational conglomerate Sony Corporation has reportedly witnessed a high demand for its PlayStation 5 (PS5) console with the pre-orders coming in at an unexpected pace. Market analysts claim that the company intends to lead the competiti...

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London’s gearing up to deliver Covid-19 vaccine as early as next week

The George Eliot Hospital NHS Trust, Warwickshire, is likely to receive the first batches of AstraZeneca’s and Oxford’s coronavirus vaccine on 2nd November. The revelation comes along the heels of directive to George Eliot Hospital NHS T...

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AstraZeneca and Oxford’s COVID-19 vaccine shows promising results

The vaccine AZD1222 has reportedly triggered lower adverse response among elderly participants.   Oxford’s and AstraZeneca’s COVID-19 vaccine could be the first candidate to receive a regulatory approval. According to reliable ...

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Spain declares second state of emergency amidst surging COVID-19 cases

Spanish Prime Minister, Pedro Sanchez has reportedly announced a nationwide state of emergency owing to soaring COVID-19 cases. According to reliable sources, the country has imposed local nighttime curfew in all regions except the Canary Islands. T...

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Nokia, Smart Mobile Labs partner to deploy 5G wireless network in TUK

According to reliable sources, Finnish multinational telecommunications company Nokia Corporation, has reportedly announced a three-year agreement with Smart Mobile Labs AG for the deployment of the 5G standalone campus-wide private wireless networki...

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COVID-19: Oxford’s vaccine trials to continue after a subject’s death

The deceased volunteer was reportedly subjected to a placebo and not the actual COVID-19 vaccine. The Brazilian government plans on purchasing the patent COVID-19 vaccine if approved. According to reliable sources, the demise of a volunteer occu...

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Google sued by Justice Department for illicitly holding monopoly power

The U.S. Justice Department has reportedly filed a landmark lawsuit against Google LLC of illegally safeguarding its monopoly in order to dominate the search and advertising vertical. If reports are to be believed, the recent antitrust case against G...

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Flybe’s flight services to be revived by Thyme Opco post acquisition

COVID-19 restrictions pushed Flybe into administration in March 2020, putting over 2,400 jobs at risk. The acquisition will allow Flybe to restart its operations as a regional airliner in the U.K. It has been speculated that U.K.-based airline c...

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Britain hits an absurdly high average asking price for homes

Reportedly, the average asking price of houses in Britain has reached an all-time high, with buyers willing to spend more for larger properties after experiencing the COVID-19 lockdown. Sources with relevant information stated that for the first tim...

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European Union investigates Instagram for publicizing children’s data

Instagram, an American photo and video sharing platform, is reportedly under investigation by Ireland’s DPC (Data Protection Commissioner) for handling children’s personal data. The Facebook-owned social media service could face hefty fi...

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Novum Group’s CryptoHero platform automates trading at ‘zero’ cost

Novum Group, a blockchain advisory and investment firm headquartered in Singapore, recently launched CryptoHero, a simple and intuitive cloud-based cryptocurrency trading bot for beginners that operates 24/7 and is free. Cofounder of CryptoHero, Irw...

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Regeneron’s Inmazeb drug receives FDA approval for treating Ebola virus

According to reliable sources, New York-headquartered biotechnology company, Regeneron Pharmaceuticals Inc. has recently made it to the headlines after its patented Inmazeb drug received approval from the U.S. FDA (Food & Drug Administration) for...

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Eli Lilly halts COVID-19 antibody treatment trial over safety issues

  The announcement comes along the heels of a sudden spike in the number of coronavirus cases across U.S. Eli Lilly’s shares dropped by about 3% after it halted the COVID-19 antibody trials. Eli Lilly and Company, an American pharmac...

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Johnson & Johnson halts COVID-19 vaccine study as participant falls ill

  Johnson & Johnson had initially planned to enroll over 60,000 participants for its phase 3 clinical trials. Experts claim that clinical pauses are a common aspect and may last only a few days. U.S.-based multinational pharmaceutical ...

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Diabetes drug metformin recalled over high levels of cancer contaminant

Metformin hydrochloride, a widely used diabetes drug, has reportedly been recalled after manufacturers detected high levels of cancer-causing contaminant in it. According to reliable sources, the latest recall by the U.S. Food & Drug Administrati...

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Microsoft to allow ‘hybrid workplace’ setting amidst COVID-19 outbreak

  The company plans to allow more staff to work from home to boost flexibility. Employees who chose to permanently work from home will not be allotted office spaces. Microsoft Corporation, an American multinational technology company, has ...

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Facebook, Twitter suspend over 3500 accounts to curb disinformation

Social networking giants Twitter Inc. and Facebook Inc. have recently made it to the headlines for suspending more than 3500 accounts that used fake identities on their platforms to convey misleading information. Sources close to the matter claimed ...

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Eli Lilly requests for EUA approval from FDA for COVID-19 antibody

Eli Lilly and Company, the American pharmaceutical giant, has reportedly applied for emergency use authorization (EUA) for its potential COVID-19 antibody from the Food & Drug Administration (FDA). Sources with knowledge of the matter stated that...

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Facebook and other tech giants under scanner over monopoly power

  A report drafted by House Democrats has appealed the Congress to reform antitrust laws. The House Democrats claim the tech giants should segregate their platforms to allow the growth of smaller struggling companies. According to reliabl...

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Bristol Myers Squibb to acquire MyoKardia for access to CVD treatment

  BMS intends to acquire the biotech firm for USD 13 billion. The potential drug of MyoKardia will be sent for FDA approval during Q1 of 2021. Bristol Myers Squibb (BMS), an American pharmaceutical company, reportedly announced its plans ...

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U.S. oil refineries look to outrun Canada’s renewable diesel production

According to credible sources, American oil refineries are making swift moves to produce renewable diesel in order to profit from Canada’s greener fuel standards before the country’s refiners modify their own plants. The news comes along...

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UnitedHealthcare to expand its Medicare Advantage footprint by 50%

  The company has registered around 6.5 million enrollments in its programs. UnitedHealthcare plans to include additional 3.2 million people across 300 nations in the coming years. According to credible sources, Minnesota-based managed hea...

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Google unveils two new Pixel smartphones before Apple’s iPhone launch

American multinational technology giant, Google LLC, has reportedly launched two new 5G android smartphones, namely Pixel 5 and Pixel 4a 5G. According to reliable sources, the Pixel 5 display is in line with the latest top end phones from California-...

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Google may face lawsuit from DOJ over search and advertising dominance

  Google has been accused of depriving rivals from essential user preferences and data Google’s search advertising feature has also come under scanner by DOJ According to reliable sources, the U.S. Department of Justice (DOJ) is soon...

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Ransomware attack cripples IT systems of Universal Health Services

The company claims that no patient records were compromised. UHS system files were being renamed with the addition of a ‘.ryk’ extension.             Universal Health Services Inc. (UHS), U.S.-based le...

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New research claims sufficiency of vitamin D reduces COVID-19 severity

According to a recent study, COVID-19 patients having sufficient levels of vitamin D, with at least 30 ng/mL of 25-hydroxyvitamin D in their blood, are less likely to witness severe clinical outcomes and deaths. The study, which was published by the...

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Amazon adds indoor surveillance drone to security solutions portfolio

  This is the next big launch after the announcement of car security devices Indoor drone will offer video surveillance in places devoid of static cameras U.S.-based multinational technology giant, Amazon.com Inc. along with Ring Inc. has ...

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JPMorgan to move USD 234 billion worth assets to Germany before Brexit

  JPMorgan indicated plans to expand its hub in Paris by reassigning services based in London post Brexit The bank plans on completing the migration of its assets to the Frankfurt subsidiary by the end of 2020 As per reliable sources, Amer...

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Nike plans to exit brick & mortar stores, records mega returns online

U.S.-based multinational sports apparel firm, Nike Inc., has reportedly revealed a significant upturn in their digital sales amid the COVID-19 pandemic, recording a revenue of USD 10.6 billion. Sources close to the matter claim that the company plans...

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Experts find druggable pocket in COVID-19, could lead to new antivirals

An international team of scientists, which was led by the University of Bristol, has reportedly discovered a druggable pocket in SARS-CoV-2 (coronavirus) Spike protein which can potentially be utilized to prevent the virus from affecting human cells....

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Baemin introduces next-generation robot for outdoor delivery services

Korean online food delivery service provider Baemin, has recently launched the new version of its next-gen delivery robot Dilly Drive. According to credible sources, the robot will offer significantly enhanced functionality and performance as compar...

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Breast cancer: New treatment claims to reduce recurrence risk by 25%

  The research comprised of patients with increased cellular proliferation and larger tumor size monarchE trials were funded by Eli Lilly and Co. and led by Royal Marsden NHS Foundation Trust Reportedly, the phase three monarchE trial has ...

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Todos, NCL Pharma adds NLC-001 dietary supplement to its joint venture

Todos Medical Ltd., an Israeli in-vitro diagnostic company based, recently announced that NLC Pharma, Inc., its joint venture partner, has added the NLC-001 dietary supplement to their COVID-19 focused-partnership. This will reportedly grant Todos th...

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Airlines and labor unions request USD 25 billion more in federal aid

Airline CEOs and labor unions have reportedly requested for additional USD 25 billion in federal aid amidst the rising concerns of more than 30,000 jobs being at stake. Sources with relevant information stated that airline executives are soon plannin...

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Nikola’s shares plunge, SEC & DOJ to investigate to fraud allegations

  SEC and DOJ are investigating Hindenburg’s claims that Nikola misled its investors Nikola’s shares plunged by 8.3% and reached USD 32.83 following the reports of the investigation According to reliable sources, shares of Niko...

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Oxford’s recovery trial to evaluate REGN-COV2 for COVID-19 treatment

According to credible sources, the University of Oxford has announced that it will be initiating the Recovery Trial for testing REGN-COV2, an experimental drug developed for the treatment of the COVID-19 virus. Sources with relevant information stat...

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Korean scientists claim energy source of cancer cells are fatty acids

Korean researchers have reportedly discovered that fatty acids are the primary energy source for cancer cells. The study, which was published in the latest issue of the International Journal (Cancer), was confirmed by the NCC (National Cancer Center)...

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YouTube accused of collecting data of underaged British children

  The company reportedly breached EU’s General Data Protection Regulations and UK’s Data Protection Act. The case will focus on the youths who watched YouTube since 2018. American video sharing platform YouTube is reportedly in...

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Mastercard and HSBC team up to boost sustainable urban development

Mastercard Inc., an American multinational technology firm, reportedly announced its partnership with HSBC Holdings plc, one of the leading banking & financial services provider company. Sources aware of the development claimed that the two compa...

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Duly approved COVID-19 vaccine may take time claim Pharma giants

According to credible sources, nine pharmaceutical organizations including Merck & Co Inc. and Pfizer Inc. have recently issued a joint pledge to not put forward a COVID-19 vaccine until it has been vetted for efficacy and safety. Other signatori...

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AstraZeneca shares drop by 6% after halting COVID-19 vaccine trials

AstraZeneca plc, a British-Swedish pharmaceutical & biopharmaceutical leader, has recently made it to the headlines for witnessing a 6% plunge in shares after voluntarily halting its late-stage trial for a potential COVID-19 vaccine. Sources clo...

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UK care homes to use robots to reduce loneliness & boost mental health

Reportedly, robots that can learn people’s interests and communicate effectively with humans are to be used in certain UK care homes. An international trial found that robots help reduce loneliness and boost mental health. If reports are to be...

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Omron Healthcare India profits to surpass USD 21.93 million in FY21

  Omron aims to record 27% spike in revenues by FY21 The revenue growth is attributed to rising cognizance regarding home monitoring systems Omron Healthcare India, a leading medical devices manufacturer, is reportedly planning to generate...

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Post-COVID-19 inflammatory syndrome puts children’s hearts at risk

New study published in EClinicalMedicine, a journal of The Lancet, shows link between multisystem inflammatory syndrome in children (MIS-C) and COVID-19. Senior author of the medical review said that the damages to the heart from MIS-C can reach a p...

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Novan announces first clinical testing for SB206 on molluscum patients

Novan Inc., U.S.-based clinical stage pharmaceutical company, has reportedly announced first patient enrollment in its B-SIMPLE4 pivotal Phase 3 clinical study of SB206, an antiviral gel used for treating molluscum contagiosum. For the uninitiated, ...

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Finally, WHO has some good news for 213 covid-19 impacted countries

The World Health Organization on Wednesday reported that widely available and low-cost corticosteroids can aid covid-19 positive patients suffering from serious symptoms. The body also warned against the use of corticosteroids on patients with non-se...

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New research claims honeybee venom can inhibit growth of cancer cells

According to a recent study published in NPJ Precision Oncology journal by Harry Perkins Institute of Medical Research, honeybee venom is capable of rapidly destroying HER2-enriched breast cancer cells and triple-negative breast cancer in the human b...

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Philips’ contract of supplying ventilators to HHS partially terminated

Royal Philips, global leader in health technology recently declared to have halted the supply of ventilators to the U.S. Department of Health and Human Services (HHS), after receiving a notice regarding partial termination of contract which was signe...

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Mammoth response to Kakao Games IPO amidst soaring 2020 returns

Kakao Games Corp., a South Korean video game publisher, is all set to become the most sought-after Korean IPO, drawing nearly 1500 over-demand from institutions for the offered price of USD 20.3. It hit an all-time high on Thursday with the...

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FDA’s approval of using convalescent plasma boosts Korean biotech stocks

As per authentic sources, South Korean biotech and pharmaceutical stocks recovered following FDA’s (U.S. Food & Drug Administration) approval of using convalescent plasma for treating COVID-19 patients. The FDA found the plasma treatment t...

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Top Indian carrier IndiGo reckons to not book profit till 2022

  Indian low-cost carrier IndiGo is not expecting vast gains in the next 18 months. At present, the airline is flying at 32% of its capacity. This figure is expected to increase to 75% by next year. IndiGo is said to be one of the leading ...

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FDA grants Fast Track Designation to Polaryx Therapeutics’ PLX-200

Polaryx Therapeutics Inc., a biotechnology firm which develops small molecule therapeutics, has reportedly been granted approval by the U.S. FDA (Food & Drug Administration) of Fast Track Designation for analyzing the treatment option of JNCL/CLN...

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Salmonella outbreak forces HelloFresh to recall meal kits with onions

HelloFresh, an international meal-kit provider based in Berlin, Germany, has reportedly issued a recall of the products in view of the salmonella infection that has affected 900 Americans, with over 100 hospitalized. The U.S. FDA on Wednesday announ...

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More flights to take off from America to China and vice versa

The U.S. Transportation Department recently announced that China and United States will allow the air carriers to increase the number of flights from four to eight per week between world’s biggest economies. As per the trusted sources, after t...

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Oracle Corporation enters the race of acquiring TikTok in the U.S.

  The California-based tech giant is working with U.S.-based venture capital firms to buyout TikTok Oracle’s interest in TikTok challenges Microsoft’s similar efforts American computer technology and software giant Oracle Corpo...

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K-pop label Big Hit shows 27% surge in profits amid COVID-19 outbreak

Big Hit Entertainment, the South Korea-based management company behind the renowned K-pop group BTS, has reportedly witnessed an 27% upsurge in biannual profits. Sources with relevant information stated that the high profits are a result of escalati...

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Telecom giant KT launches Cloud package service for fintech companies

KT Corporation, South Korea’s first telecom operator, has reportedly announced the release of a financial cloud package service to support MyData, a personal credit information management business backed by financial institutions. For the unin...

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WeChat, Signal app downloads spiked in U.S. after Trump threatens ban

After President Donald Trump threatened to impose a ban on WeChat and its alternative Signal in United States, the number of downloads of the Chinese apps spiked for a short duration of time in the country. As per reliable sources, the United States ...

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Lyft follows Uber in exiting California if forced to comply with AB 5

John Zimmer, CEO of the American ride-hailing service Lyft, has recently threatened to shut down all operations in California, following the footsteps of its competitor Uber. This move comes along the heels of the lawsuit filed against the ridesharin...

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TikTok used loopholes for collecting MAC addresses on Android

According to reliable sources, the Chinese video sharing platform TikTok reportedly made use of a known defect to get around Android protections to track MAC addresses of its users. The investigation, which was reportedly carried out by Wall Street J...

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Court wards off Uber, Lyft from classifying drivers as freelancers

A California judge has reportedly issued a preliminary injunction that would prevent ride-hailing companies Lyft Inc. and Uber Technologies Inc. from classifying their drivers as freelancers rather than employees. The recent development follows the l...

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Amazon relaunches Twitch Prime as Prime Gaming for exclusive members

American multinational technology company Amazon.com Inc. has reportedly renamed its live video streaming platform Twitch Prime to Prime Gaming. Sources close to the matter stated that the recent development comes after Amazon pulled down its big-bud...

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One in three UK firms to cut jobs by third quarter of 2020, poll finds

According to a recent study regarding the economic impact of COVID-19, one in three employers in the United Kingdom are predicted to cut jobs by the third quarter of 2020. Sources close to the matter stated that the survey included over 33% of 2,000 ...

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Equinix acquires Premier Partner status with Google Cloud Platform

America-based multinational data center giant Equinix Inc., has reportedly acquired premier partner status by extending its relations with Google Cloud platform. Sources with relevant information stated that the recent development will allow the two ...

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Uber, Lyft sued for alleged wage theft by California labor commissioner

America-based ride sharing companies Uber Technologies Inc. and Lyft Inc. have been reportedly sued over alleged wage theft by California labor commissioner. According to the lawsuit, the classification of drivers as freelancers have not only violat...

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Novavax’s COVID-19 vaccine shows promising results in first trial

America-based vaccine development company Novavax Inc. has reportedly announced a potential COVID-19 vaccine which showcased a promising immune response in the early stage of its clinical trial. The trials for phase one were conducted at two sites in...

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No more fake news with new ‘Search the Web’ feature on WhatsApp

WhatsApp Inc., the Facebook owned messaging giant headquartered in California, has recently rolled out a new feature that allows the users on its messaging platform to search the web and verify the credibility of certain forwarded messages flagged by...

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Hobbycraft reveals 200% upturn in online sales amid COVID-19 outbreak

U.K.-based arts & crafting products supplier Hobbycraft has reportedly revealed a 200% growth in internet sales since the emergence of the COVID-19 pandemic. The company claimed that their consumer base has expanded remarkably since people are pr...

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Nigeria gives green light to N8.64bn fund for Siemens electricity deal

Federal Executive Council of Nigeria has reportedly authorized President Mohammadu Buhari’s initiative to release €15.21 million (N8,648,081,465.2) or N1.708 billion in onshore and N6,940,081,465.20 in offshore as counterpart funding for t...

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Nike aborts plans for Goodyear factory amid COVID-19 outbreak

America-based multinational sports apparel company Nike Inc. has reportedly abandoned its plans to develop soles for its Nike Air shoes in Goodyear plant in Arizona. Sources close to the matter stated that the company had initially planned to start t...

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Dawn Aerospace launches reusable & sub-orbital test plane Mk-II Aurora

Dawn Aerospace, a New Zealand-based company, has reportedly revealed a carbon fiber-based reusable test plane Mk-ll Aurora. Sources close to the matter stated that although the aircraft’s hydrogen peroxide and kerosene-based engine is yet to be...

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Coronavirus Breaking: New Covid-19 test gives results in just 36 min

The Nanyang Technological University (NTC), Singapore, on Monday, announced that Lee Kong Chain School of Medicine, has demonstrated an astonishing way to accelerate the speed, handling time, and cost of Covid-19 lab tests. The new technique is alle...

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NZ government to allot USD 51 Mn for international education sector

According to reliable sources, the New Zealand government is planning to invest USD 51 million in a bid to keep the international education sector running following the ramifications of COVID-19 pandemic. It has also warned the educational institutes...

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MediaTek Inc. develops new 5G chipset for mid-range smartphones

MediaTek, a Taiwanese fabless semiconductor company, has reportedly introduced 7nm 5G chipset named Dimensity 720, an addition to the existing Dimensity chipset series, for mid-tier devices segment. MediaTek claims that Dimensity 720 chipsets are bu...

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South Korea falls into recession as exports dip most since 1963

The South Korean economy is facing its worst decline in over 20 years after it fell into recession in the second quarter as the COVID-19 pandemic has withheld export operations, with social distancing norms shrinking factory output. According to the...

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Worldwide markets to recover on apparent COVID-19 vaccine and EU deal

Amidst the economic slowdown stemmed by the outbreak of COVID-19, sources with relevant information stated that the euro reached an 18-month high while the stock market is witnessing a steady progress. The recent surge in the currency came along the ...

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Online orders surge, Hermes to recruit 10,500 new people in UK

As reported by credible sources, Hermes, a parcel delivery firm, declared that it will generate more than 10,000 jobs in the UK, driven by the unprecedented increase in online shopping due to the outbreak of COVID-19 pandemic. If reports are to be b...

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Google partners with Singapore authorities to launch Skills Ignition SG

Google LLC and Singapore-based public entities such as Infocomm Media Development Authority, Economic Development Board, and SkillsFuture (SSG), have reportedly started a joint skills training and new jobs initiative called Skills Ignition SG. Accor...

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Glenmark faces heat from DCGI over false claims of FabiFlu drug

V.G. Somani, Drug Controller General of India, the head of Central Drugs Standards Control Organization (CDSCO), recently inquired Glenmark Pharmaceuticals Ltd., headquartered in Mumbai, over its alleged false claims on the efficacy of Fabiflu for tr...

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Biolidics lands 5-year licensing deal to develop COVID-19 test kits

Biolidics, a precision medicine medical technology company, headquartered in Singapore, on July 9 inked an agreement with the commercialization arm of the Agency for Science, Technology and Research (A*Star), Accelerate Technologies, to use the agenc...

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Glenmark cuts prices of its COVID-19 drug FabiFlu to USD 1 per pill

As per credible sources, Mumbai-based Glenmark Pharmaceuticals Ltd. recently revealed that it has slashed the price of its coronavirus drug FabiFlu by 27%, from USD 1.37 to USD 1 per pill. The company is reportedly passing on the profits it accumula...

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WHO launches health worker “Florence” with digital brain

In a recent turn of events, World Health Organization (WHO) has reportedly introduced an AI-based health worker called Florence to better manage myths related to coronavirus as well as smoking. Sources with relevant information stated that the techno...

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Rolls-Royce ends the salary pension scheme earlier than expected

Reportedly, Rolls-Royce, a subsidiary of German group BMW, is planning to close its final salary pension scheme 4 years earlier to ease up pressure mounted by the grounded aircrafts. If this initiative gets a green signal from the trustees and pensi...

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Scientists say COVID-19 is airborne, ask WHO to revise recommendations

Numerous scientists across the globe have reportedly sent an open letter to WHO (World Health Organization) seeking the health agency to revise recommendations regarding the novel coronavirus. As per credible reports, around 239 scientists from 32 c...

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Hyderabad gains second Oracle cloud data center after Mumbai

American multinational computer technology corporation, Oracle has recently made it to the headlines post launching its second cloud data center in Hyderabad in a bid to support increased cloud services demand. For those uninitiated, Oracle launched...

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HSA: Banned substances found in two weight loss products online

HSA (The Health Sciences Authority of Singapore) has reportedly issued an alert regarding two weight loss products found online which comprise of banned substances and can be harmful to the human health. The agency has revealed that the two products ...

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First batch of TraceTogether tokens released among vulnerable seniors

Reportedly, the first batch of TraceTogether tokens was distributed yesterday among vulnerable seniors who live by their own and do not utilize any digital devices. The functioning of the tokens is like that of the smartphone application. These token...

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Target to add fresh & frozen groceries to its pickup services in U.S.

America-based retail company Target Corporation is reportedly planning to add fresh & frozen groceries to its curbside and in-store pickup services in U.S. If sources are to be believed, the new service will add 750 perishable grocery items such ...

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Sanofi and Translate Bio to jointly produce mRNA Covid-19 vaccine

French multinational pharmaceutical company Sanofi S.A. is reportedly expanding its collaboration with Translate Bio, a U.S-based mRNA therapeutics company to develop a wide range of messenger ribonucleic acid (mRNA) vaccines against Covid-19. The fi...

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EMA validates use of BAVENCIO for treating Urothelial Carcinoma

German multinational pharmaceutical, chemical, and life sciences company, Merck KGaA, headquartered in Darmstadt, recently declared that the European Medicines Agency (EMA) has approved the review process for the Type II variation application for BAV...

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Spotify eyes adding music videos along with Canvas and Album Art tabs

Swedish music streaming and media services provider Spotify Technology S.A. is reportedly planning to add a new video tab on its now playing screen. The market is abuzz with speculations that the new feature will be available alongside Canvas and Alb...

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Spike in COVID cases: Long queues seen at testing clinics in Melbourne

Reportedly, long traffic queues were spotted snaking out of car parks at Northland and Southland shopping centers as people flocked at testing clinics, after the recent spike in COVID-19 cases in Victoria, Melbourne. According to reliable sources, c...

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Ford Motor Co. to launch hands-free driving system for Mustang Mach-E

American multinational automaker, Ford Motor Company, is reportedly planning to integrate a hands-free driving system in its soon to be launched electric Mustang Mach-E sports utility vehicle model. Sources close to the matter stated that this new fe...

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Low-dose steroid dexamethasone to be used for treating COVID-19 in U.K.

As reported by credible sources, in a recent development the U.K. government has permitted the state-funded NHS (National Health Service) to use an anti-inflammatory steroid called “dexamethasone” for treating coronavirus. The drug is app...

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Jaguar Land Rover to lay off up to 1000 employees in UK amid COVID-19

Jaguar Land Rover, a British multinational automotive giant, recently announced to let go around 1,000 agency staff in UK after suffering a humongous loss of £500 million in three months spanning the COVID-19 pandemic. Sources close to the matt...

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Apple seeks approval for nine new iPhone models as WWDC nears

American multinational technology giant Apple Inc. has reportedly registered for a new computer as well as nine different models for iPhones with Eurasian Economic Commission. According to reliable sources, the filings were first cited by gadget comp...

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Honor releases new temperature sensor-equipped smartphone in China

Honor has released a new smartphone called the Honor Play 4 Pro that is equipped with an infrared temperature sensor. The official Weibo account of the firm confirmed in a video that the handset displays readings of temperature after it is held up to...

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Emirates could slash 30,000 jobs to lower cost during COVID-19 crisis

Emirates Group has reportedly been planning to lay off around 30,000 jobs in order to lower the cost amid the pandemic outbreak, that will soon bring the total number of employees working by nearly 30% from over 105,000 close to March-end. Apparentl...

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Apple acquires live event recording and VR broadcaster NextVR

Apple has recently confirmed that it has acquired NextVR, which is a virtual reality startup that specializes in recording live events such as sports matches and concerts for  VR experience. The announcement made by the company came after the pu...

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Grant worth $6mn introduced in Singapore to support FinTech companies

The recent coronavirus pandemic has largely affected umpteen businesses globally. In a bid to help Fintech companies meet their day-to-day expenses, the Monetary Authority of Singapore (MAS), has established the FinTech Solidarity Grant that would pr...

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Zoom to use Oracle’s cloud service to manage rising video call traffic

Zoom Video Communications Inc., recently announced that it has begun using the cloud computing service of Oracle Corp in order to help manage the increase in the volumes of all the online video calls that the novel COVID-19 has brought in. The corpo...

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A flaw in Apple devices may have put customer’s private data at stake

Apple, the renowned tech giant, is reportedly planning to resolve a flaw that San Francisco-based security company, ZecOps stated might have left over half a billion of iPhone users vulnerable to hackers. This bug was also discovered in iPads.  ...

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Patreon sacks 30 employees owing to COVID-19 related financial crunch

Owing to the recent COVID-19 pandemic, many businesses across the globe have been severely affected. One of these organizations is Patreon, a California based membership platform that provides business tools for creators to run a subscription-based c...

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Woolworths to open added home delivery windows amid COVID-19 lockdown

Woolworths, the Australia-based chain of grocery stores and supermarkets, will reportedly be opening thousands of additional weekly home delivery windows that would help the online customers with shopping. The extra capacity is expected to be fulfill...

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Eros International share prices shoot up by 10% post STX merger

Eros International’s share prices shot up by 10% in morning trade on April 20 post the announcement made by the company regarding the all share merger with STX Entertainment from Hollywood, to be able to create a global firm that would equally ...

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Oxford University to commence human trials on a COVID-19 vaccine

The university’s vaccine programme has hired around 510 people to take part in the first trial. As the deadly coronavirus have paved its way to almost every continent, researchers worldwide are putting in their best to develop an effective vac...

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GSK & Sanofi join forces to discover an effective vaccine for COVID-19

Amidst growing concerns over the coronavirus, numerous medical institutes and pharmaceutical companies are diligently working on developing an effective vaccine to tackle this deadly virus. France’s Sanofi S.A. and Britain’s GlaxoSmithKli...

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Govt. of Australia to subsidize Virgin & Qantas domestic flights

Amidst the effects of coronavirus and its impact on the national economy, the Australian government has planned to underwrite domestic flights operated by Virgin Australia and Qantas. Sources claim that the move would help the government to regulate ...

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Australian researchers discover anti-parasite drug that kills COVID-19

Researchers at Monash University, Melbourne, have reportedly announced that they discovered that an anti-parasite medicine can kill the novel strain of the coronavirus (SARS-CoV-2) that has currently brought the world to a standstill. In a study pub...

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Trump calls for a $2 trillion budget for U.S. infrastructure growth

U.S. President Donald Trump has reportedly called for a $2 trillion spending budget to repair the and build new and currently crumbling infrastructure including tunnels, bridges, and roads, seizing on the COVID-19 outbreak as well as interest rates t...

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Analytics 4 Life reveals new data backing novel method to predict LVEDP

Analytics 4 Life, one the leading digital health company committed to improving existing diagnostic pathways, has reportedly presented data on its heart failure research at the ACC’s (American College of Cardiology) 69th Annual Scientific Sessi...

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Esperion presents pooled analyses of NEXLETOL & NEXLIZET at ACC.20/WCC

Esperion Therapeutics, a US-based public pharmaceutical company, reportedly unveiled that two pooled data analyses from its 4 Phase 3 clinical studies of NEXLETOL and outcomes from Phase 2 trial of NEXLIZET were showcased during the ACC.20/WCC. In a...

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Researchers in UK develop a new, low-cost test kit for COVID-19

Amidst growing concerns over the coronavirus pandemic, several health researchers have started to innovate new medical apparatus and drugs to help combat this novel virus. Recently, a bunch of researchers from the University of Surrey, Brunel Univers...

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InMed files CTA to start second Phase 1 INM-755 clinical trial

InMed Pharmaceuticals Inc., a leading biopharmaceutical company which develops medications targeting diseases with unmet needs, has reportedly announced the filing of CTA (Clinical Trial Application) in the Netherlands to commence a second Phase 1 tr...

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Vapotherm reveals business update following COVID-19 pandemic

Vapotherm, Inc., a global medical technology firm developing and manufacturing proprietary Hi-VNI Technology products, has reportedly announced an update on its business in response to the COVID-19 pandemic. Sources cite that, as result of COVID-19,...

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Amazon doubles hourly wages for employees doing overtime in the U.S.

Amid the growing spread of COVID-19 across the world, there is also an increasing demand for commodities and products that customers are ordering from e-commerce portals, creating immense work demand on warehouse employees of said ecommerce firms, ma...

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Alibaba Cloud extends AI services to combat COVID-19 worldwide

· AI-enabled innovative technology is derived based on analysis and insights studied during the initial virus breakout · Video conferencing and real-time AI language translations, aimed at building a platform where Chines...

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ABLIC unveils new series of automotive single-chip power supply ICs

ABLIC Inc., a Japanese semiconductor manufacturing company, has recently introduced a new series of automotive low dropout voltage regulators enabled with voltage monitoring feature. Reportedly, the S-19310/S-19315/S-19316 series is a single-chip aut...

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Bio-Rad rolls out SARS CoV-2 standards for Coronavirus Testing

The SARS CoV-2 standard has human genomic DNA and synthetic COVID-19 RNA transcripts.   SARS CoV-2 standard assists laboratories to keep up with the soaring demand for the identification of Coronavirus by helping validate COVID-19 tests. A...

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UnitedHealthcare rolls out new eye care benefit program for women

UnitedHealth Group Inc., an American healthcare company offering a full spectrum of health benefit programs for employers, individuals, and medicaid beneficiaries, has reportedly launched a new benefit program to support overall wellbeing and eye hea...

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Slate Retail REIT declares buyout of 7 grocery anchored properties

The acquisition agreement is inked at a valuation of USD 106.5 million. Under the agreement, REIT would be able to extend its relationship with prominent grocers in the coming times. Toronto based Slate Retail Real Estate Investment Trust, REIT,...

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EyeTech unveils advanced eye tracking tablet platform, EyeOn™

The tablet would offer superior performance as well as premium design for AAC users. EyeTech Digital Systems, a leading innovator in Health AI, has recently launched an all-in-one, ultra-slim eye gaze tablet dubbed EyeOn™ at 2019’s Assis...

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ASP secures the U.S. FDA approval for STERRAD VELOCITY® BI/PCD

Advanced Sterilization Products (ASP) has secured 510(k) clearance from the U.S. FDA. The regulatory body has approved for a 15-min time to result on the STERRAD VELOCITY® Biological Indicator (BI)/Process Challenge Device (PCD) fo...

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Tmunity doses first patient in Phase 1 CART-TnMUC1 clinical trial

Tmunity Therapeutics Inc., a clinical-stage biotherapeutics firm focused on advanced T-cell immunotherapy, has reportedly dosed the first patient in its Phase 1 CART-TnMUC1-01 clinical trial with TnMUC1 (Tn/STn glycoform of mucin 1) CAR-T (chimeric a...

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Hyundai and Uber team up to develop all-electric flying taxis

In the midst of technological advancements increasing at a commendable pace, Uber’s flying taxi initiative seems to be edging closer to reality – the reality of establishing flying cars in the near future. The ride-hailing giant has appar...

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BioXcel begins Phase 3 BXCL501 trial for treating SCZ & bipolar disorder

BioXcel Therapeutics, Inc., a clinical-stage biopharmaceutical firm leveraging artificial intelligence approaches to advance the next wave of medicines in immuno-oncology and neuroscience, has reportedly announced the initiation of its SERENITY progr...

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Verizon’s 5G internet services now active across 31 U.S. cities

Verizon Wireless, one of the leading telecommunication company in the U.S., has recently revealed the expansion its 5G internet network at parts of New Hampture and Ohio. This is a significant addition to the company’s previous plan to extend i...

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Sims Recycling confirms ISO 27001 certification for Noida facility

SRS clients will be assured about the secure management of their IT and electronic assets by the information security management standard Sims Recycling Solutions (SRS), provider of IT asset disposition (ITAD) and electronics recycling, was recently...

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NTT Data Services inks a definitive agreement to acquire Flux7

NTT Data Services, a U.S.-based IT service provider, has reportedly inked a definitive agreement to acquire AWS premier consulting partner, Flux7 to accelerate and expand the company’s capabilities to bring IT workloads to the cloud.  Acc...

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CloudCheckr unveils a new Business Partner Program at AWS re

CloudCheckr, a renowned New York based cloud management solution company, has reportedly revealed a world-class partner enablement program at the AWS (Amazon Web Services) re. The new program enables IaaS and cloud service sellers to build a profitab...

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Canon Medical brings Aquilion One/Prism Edition to the fore

Canon Medical Systems USA, Inc. has brought Aquilion/Prism Edition—a spectral CT system designed for deep intelligence—to the fore. The company has combined the potency of Deep Learning Spectral Reconstruction imaging capabilities with Ad...

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MedinCell secures $19Mn grant from Bill & Melinda Gates Foundation

MedinCell S.A., a French pharmaceutical company, has signed an agreement with the Bill & Melinda Gates Foundation for an additional $19 million that would be offered over the next four years. The arrangement focuses on funding preclinical activit...

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Equillium to present data supporting CD6-ALCAM at ASH annual meet

Equillium Inc., a clinical-stage biotechnology company, has reportedly announced that it will be presenting positive data related to the role CD6-ALCAM pathway as a relevant target for patients who are suffering from acute graft versus host disease (...

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Asuragen & Wave Life Sciences unite for development of HD diagnostics

It has been reported that various industry giants across the medical fraternity have been involved in the mergers and collaborations to develop and commercialize the treatments for distinguished disorders and diseases. In a light of this, Asuragen an...

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The Medicines Company’s worth declared at $9.7bn post Novartis’ buyout

Novartis has reportedly planned the purchase with a target of adding inclisiran, a potential cholesterol lowering drug of The Medicines Company to its existing cardiovascular portfolio Swiss multinational pharmaceutical company, Novartis Internatio...

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AeroCentury sells one of its four Bombardier CRJ900 aircraft to ASI Aero

AeroCentury Corp., an aircraft operating lessor and finance company, has recently sold a Bombardier CRJ900 to aircraft manufacturer and component supplier Aeronautical Support International LLC (ASI Aero) through affiliate Cloud Investment Partners. ...

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Eidos & biotechnology firm BridgeBio present data from phase 2 OLE

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Chembio announces WHO Prequalification approval for HIV Self-Test

The test senses antibodies to HIV 1 and HIV 2, demonstrated specificity of 100% and sensitivity of 99.4%, when comparing amateur HIV self-test users to skilled professionals. Chembio Diagnostics, Inc., has reportedly announced that its SURE CHECK HI...

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Amgen teams up with BeiGene to expand its oncology presence in China

The pharmaceutical sector is often held accountable for treating the most crucial health conditions. The sector markets, innovates and produces those therapies which could become beneficial to patients on a larger scale. However, with increasing comp...

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Aerospace company Erickson bags $996M SOF/PR Defense Contract

Erickson Inc., one of the leading aerospace and aerial services provider, has been providing best-in-class aviation services for national security, defense, MRO and manufacturing sectors for years. The company aims to offer high quality, efficient, i...

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FDA approves AstraZeneca’s Farxiga for treating type 2 diabetes

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Herantis Pharma releases update on timeline of its ongoing CDNF trial

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Japan’s SoftBank amid plans to invest in venture capital funds

The conglomerate plans to mark its presence in Latin America by investing in venture capital funds, with a strategy to deploy nearly $500 million in five to 10 funds. SoftBank Group Corp., a multinational conglomerate based out of Tokyo, reportedly ...

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TG Manufacturing acquires contract manufacturing firm TurnKey

TurnKey presently supplies a varied group of consumers in the industrial laboratory, defense and gaming industries among others. Using TGM’s advanced manufacturing technology, quality systems and global network and combining them with TurnKe...

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Oxurion concludes enrollment of patients for THR-687 Phase 1 trial

12 patients with DME have enrolled into the study.   The results for the Phase 1 trial will be out by the end of 2019. Oxurion NV, a biopharmaceutical firm involved in the development of innovative treatments to preserve vision of diabetic...

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Volkswagen bank adopts OneSpan Mobile Security Suite for transactions

The app ensures the bank’s compliance with PSD2.   The app protects financial transactions from trojan attacks and other malware. OneSpan, a leading global cybersecurity technology company known for its electronic signature, trusted ...

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Google shifting Pixel smartphone production to Vietnam from China

The company aims establish a low-cost supply chain across Southeast Asia which will work as a springboard for its increasing hardware ambitions. The production lines of Vietnam will play a crucial role in Google’s drive for growth in mobile ...

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The Medicines Company declares positive results from Inclisiran trial

The ORION-11 trial of inclisiran sodium 300 mg reached all secondary and primary endpoints with efficacy that is consistent with the findings from Phase 2 and 1 trials.   The trial evaluated that inclisiran was tolerated well and confirmed t...

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Ride-hailing operator Grab set to make major investment in Vietnam

Leading Singapore-based ride-hailing service provider Grab is reportedly gearing up to make an investment of “several hundred million dollars” in Vietnam which it considers to be the next prominent growth market. This announcement comes ...

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STALICLA completes pre-IND meet with FDA on STP1 for patients with ASD

Atrium Spectrum Disorder (ASD) affects 1 in 59 school children of 8-years in the United States. It is a common neurodevelopmental disorder, with a higher level of heterogeneity.   Such technologies are used for the first time in the neurodev...

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Microsoft’s SMS Organizer for Android expands to UK, US and Australia

Leading software company Microsoft’s SMS Organizer app for the Android platform is reportedly available to users from the US, UK and Australia, according to XDA Developers. The app is designed to de-clutter smartphones by helping manage spam t...

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Mallinckrodt states positive results of Terlipressin in HRS-1 patients

The company announced positive results from its Phase 3 CONFIRM trial of terlipressin in Hepatorenal Syndrome Type 1. The study verified HRS-1 reversal along with other 3 components-renal function enhancement, escaping dialysis, and short-term sur...

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Rhodes Group & BCBSNM team up to improve patient outcome in New Mexico

The collaboration aims to enhance patient outcomes within the New Mexico Centennial Care. BCBSNM is currently holds the accolade of being the foremost performer in Postpartum and Prenatal care. Rhodes Group (Rhodes), a Albuquerque-based TriCore...

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London’s health startup Thriva bags £6M in Series A funding round

The company will use this funding to build towards its ambitious vision of offering optimal healthcare to potential customers. Thriva, a UK-based health service startup, has reportedly managed to secure £6 million through a Series A funding ro...

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Detraxi to develop a new solution to reduce global blood shortages

High income-growth countries like China will be the key recipient of the Detraxi biotechnology. Detraxi, a biotechnology company, is reportedly planning to develop its proprietary biotechnology solution for a range of global health challenges to sav...

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LifeMax certified for treating Netherton Syndrome with LM-030

LifeMax Laboratories Inc a subsidiary of LifeMax Healthcare International Corporation, recently announced that a Novartis licensed investigational therapy, LM-030, has been granted pediatric disease designation by the FDA. The therapy is now ready to...

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BHL Group launches its digital transformation through Applied Epic

BHL has also integrated a smartphone application and customer self-service portal for their customers. The scalable Applied Epic software would further enhance the broker’s capability in managing business growth and expansion. Applied Syst...

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Ascentage Pharma declares first patient dosed in APG-2575 trial

APG-2575 created by Ascentage Pharma is one of the rare Bcl-2 selective inhibitors in active clinical studies apart from Venetoclax. Ascentage Pharma has reportedly announced that it has dosed the first patient in a phase I medical study o...

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Accenture announces addition of 600 jobs to Chicago operations by 2022

Accenture plc, the leading professional services company that provides services in consulting, operations, strategy, digital and technology has recently announced the addition of 600 jobs to its Chicago operations by 2022. For the record, Accenture ...

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Teijin Ltd to buy European auto component supplier Benet Automotive

The acquisition will strengthen Teijin’s sales channels in Europe along with solution development abilities Teijin Limited, a Japanese technology driven group that operates in different fields of composites, fibers, healthcare and IT businesse...

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EnPro acquires the Aseptic Group to expand fluid handling portfolio

Acquisition of Aseptic Group represents the ongoing commitment towards investing in the biopharmaceutical and pharmaceutical industries EnPro Industries, a leading manufacturer of engineered industrial products, has reportedly acquired The Aseptic G...

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Gilead plans to submit New Drug Application for Filgotinib to USFDA

Gilead Sciences, Inc., a biotechnology company recently provided an update about the investigational- filgotinib, selective JAK1 inhibitor, at a pre-NDA (New Drug Application) meeting with the USFDA, cite sources. For the record, Gilead Sciences, In...

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Kitty Hawk to partner with Boeing on the development of flying taxis

The company aims to provide flying taxi services through the two-seater Cora, that can be simply summoned using an app Kitty Hawk Corporation, an American aircraft manufacturer backed by Larry Page, Alphabet’s CEO and founder of Google, recent...

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Amazon Air to commence flights to Anchorage International Airport

Amazon Air recently announced that it plans to begin flights to Ted Stevens Anchorage International Airport. The airport published a post on twitter, confirming that the carrier will operate daily services to the Alaskan hub, utilizing its Boeing 767...

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JetBlue to add long-range Airbus jets to expand services to Europe

·         JetBlue, in April, had given confirmation of its first service to Europe starting 2021 ·         Its new Airbus jet would serve cities in north, ...

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MobiKwik, DT One team up to offer mobile recharge services worldwide

It will be the first time DT One will have mobile recharge originating from India through their network MobiKwik, an India based fintech platform, recently announced that it is partnering with DT One, a global network for mobile recharge and airtime...

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Editas test CRISPR to treat beta-thalassemia & sickle cell disease

Editas Medicine Inc., a U.S.-based pharmaceutical company recently announced results from trial of two different CRISPR-Cas9 genome editing strategies, one targeting the beta-globin locus and the other targeting the erythroid enhancer, for treatment ...

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Hemispherx treats first patient in clinical trial of Ampligen

Hemispherx Biopharma Inc., a US-based biopharmaceutical company recently announced having treated its first patient with Ampligen in combination with Cisplatin & Pembrolizumab, in a phase 2 ovarian cancer clinical trial. As per credible sources,...

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Go-Jek acquires AI startup AirCTO to expand its operations in India

AirCTO team would be joining Go-Jek immediately and will be looking at building products that speed up recruitment for Go-Jek Go-Jek, the Indonesia-based ride-hailing startup has reportedly acquired AirCTO, an artificial intelligence-powered recruit...

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Google confirms $17m investment for Detroit and Ann Arbor expansion

Google is investing millions across 14 U.S. states and the investment in Michigan is expected to add a significant number of jobs Google LLC, the multinational technology company, has announced an investment of $17 million in Little Caesar Arena in ...

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Dockabl raises USD 1.26 million in pre-series A funding round

The company also has plans to launch a plug and play version of its product by 2020. The India-based Saas startup Dockabl has reportedly announced that it has raised $1.26 million in a pre-series A funding round led by a pool of marquee investors in...

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Moderna announces data from Phase 1 mRNA cancer vaccine study

The data revealed Moderna’s mRNA personalized cancer vaccine (PCV) mRNA-4157 to be well-tolerated at all tested doses and elicited neoantigen-specific T-cell responses. Massachusetts-based biotechnology firm, Moderna, Inc. has recently announ...

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Mesoblast submits BLA for remestemcel-L to treat aGVHD in children

Mesoblast Limited has reportedly filed a rolling submission for Biologics License Application with the U.S Food and Drug Administration for remestemcel-L to treat steroid-refractory acute graft versus host disease in children. Sources claim that the...

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Rexgenero expands manufacturing of cell-based CLI therapy REX-001

A regenerative medicine company Rexgenero, creating advanced cell-based therapies for the treatment of critical limb ischaemia, has reportedly expanded the production of its lead development therapy REX-001 by partnering with the German Red Cross Blo...

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Trump claims Huawei issue could be resolved in US-China trade deal

The Trump government had effectively banned American companies from conducting business with the Chinese telecommunications equipment company. The President claimed that the complaints against Huawei might possibly by resolved in the U.S.-China tr...

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GSK, Zymeworks expand partnership for bispecific antibody development

GSK anticipates using Zymeworks’ Azymetric technology for developing bispecifics drugs that treat communicable diseases Zymeworks Inc, a clinical-stage biopharmaceutical company, has recently announced that GSK has extended its 2016 licensing ...

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Vertex, Kymera join forces for developing protein degradation drugs

Vertex would be paying $70 million in advance to work with Kymera including an equity investment in the company Kymera Therapeutics and Vertex Pharmaceuticals Incorporated (VRTX) have reportedly announced that they are entering into a four-year rese...

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Amazon plans job cuts as it deploys machines to pack orders

Amazon is well known for its drive to automate as many segments of its business as possible. The American multinational technology company Amazon Inc. is reportedly planning to deploy machines to automate boxing up customer orders. The company has i...

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Keppel wins contract for two 600MW offshore wind farms worth SGD$150m

The substations will be deployed at Greater Changhua offshore wind sites of Ørsted in Taiwan Reports confirm that Keppel FELS Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd, has formally secured an over SGD$150 million wor...

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Harsco signs agreement to acquire Clean Earth for $625 million

The acquisition of Clean Earth is expected accretive to earnings in 2020. The companies together are expecting synergies to amount to $10 million by 2020. Harsco Corporation, the industrial services provider recently announced that it has entered in...

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Porsche fined €535m by German prosecutors over diesel emissions fraud

Audi, VW, Porsche all sold diesel engine vehicles that had failed to meet clean air regulations and were able to cheat emissions tests Reports suggest that prosecutors in Germany have levied a 535 million euro fine on German luxury automobile maker ...

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Pfizer obtains FDA approval for oral heart drug costing $225K a year

In May the drug received FDA breakthrough status and had lowered the risk of death for patients by 30% as compared to placebo The U.S. Food and Drug Administration has recently approved tafamidis, an oral drug from Pfizer Inc for treating a fatal an...

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Cytokinetics declares FORTITUDE-ALS results from reldesemtiv study

FORTITUDE-ALS did not attain statistical importance in its primary endpoint of change from baseline in SVC Patients who received reldesemtiv in FORTITUDE-ALS exhibited lesser decline than the patients who received placebo Cytokinetics has reportedl...

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Norton Healthcare & Select Medical tie up on outpatient rehabilitation

In a recent turn of events, Norton Healthcare and Select Medical have reportedly declared signing a joint venture agreement intended to assimilate outpatient rehabilitation solutions in the Southern Indiana and Louisville metro provinces.  As p...

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Renault to plan a joint holding company with Japanese carmaker Nissan

Renault, the French multinational automobile manufacturer, has reportedly announced that it is aims to propose a plan for creating a joint holding company with Japanese multinational carmaker Nissan, which is likely to provide both the companies with...

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Supermicro breaks ground for new facility spanning 800,000 square feet

San Jose-based IT company Super Micro Computer, Inc., has made it to the headlines for officially inaugurating its all-new new 800,000-square foot establishment in Taiwan. The firm, in conjunction, is also further expanding its headquarters in Silico...

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Lyft, Inc. expands its Grocery Access Program across 15 U.S. cities

Through the latest move, Lyft aims to mitigate transportation barriers to healthy food. Lyft Inc., a San Francisco-based transportation network company, has made it to the headlines for planning to offer discounted rides at $2.50 to grocery stores ...

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Oxurion & Bicycle Therapeutics declare full enrollment for DME study

Bicycle Therapeutics, a biotech firm pioneering a new therapeutic class based on its patented bicyclic peptide or Bicycle® platform, and Oxurion have recently declared complete registration of Oxurion’s Phase I clinical trial planned to ass...

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CIA alleges Huawei of being funded by the Chinese state security

The US Intelligence service, Central Intelligence Agency, has grabbed the headlines for publicly accusing the Chinese multinational consumer electronics company, Huawei Technologies, of being funded by China’s National Security Commission. Repo...

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Precision BioSciences doses first patient in CAR T cell therapy trial

Precision is creating PBCAR0191 in partnership with Servier, a multinational pharmaceutical firm   The company believes that the patient dosed in the trial is also the first US-based clinical trial to assess an allogeneic CAR T cell therapy ...

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BioTime to present OpRegen® Phase I/IIa study outcomes at ARVO 2019

BioTime Incorporation, a clinical stage biotechnology firm developing newfangled cellular treatments, has recently declared that updated outcomes from a Phase I/IIa clinical study of OpRegen®, its chief product candidate, would be presented at th...

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French business tycoons commit €600m to restore Notre Dame Cathedral

Pledges for donation came after firefighters confirmed that the fire had been extinguished completely   President Emmanuel Macron plans to begin a national fundraising campaign for the cathedral’s reconstruction Major corporations an...

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Google Huawei announce compensation for faulty Nexus 6P device users

The companies are liable to pay $9.75 million in settlements, pending court approval Users said their devices experienced a bootlooping problem which led to phones shutting down randomly Reports indicate that Google and equipment manufacturer Hu...

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Google enhances its cloud platform with seven Open-Source Partnerships

Through the seven new partnerships, the company aims to enhance the utility & features of its Google Cloud Platform. The new partnerships were announced at the company’s ongoing annual Google Cloud Next event. Google LLC, the renowned ...

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Inscripta raises additional $20 million in Series C financing round

Inscripta is working to develop a full suite of gene-editing tools (reagents, software and instruments) to increase the efficiency and speed of CRISPR-based gene-editing The US-based gene-editing technology company Inscripta has announced that it h...

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Imvax unveils positive results from clinical trial of IGV-001 vaccine

Clinical-stage biotechnology company Imvax, Inc., committed to creating novel patient-specific vaccines and immunotherapy strategies, has reportedly attained positive results from an ongoing Phase 1b clinical trial that proves treatment with IGV-001,...

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Bird, Lime to exit Raleigh due to stringent rules for scooter-sharing

Raleigh city has imposed some of the most arduous regulations in the country on e-scooter sharing   Other rivals seem to have still submitted proposals to the city for entering the market Reports confirm that Bird and Lime, two e-scooter c...

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Airbus bags 300 airliners order from China, surpasses rival Boeing

Owing to surging travel demand, China has become a key competing ground for Airbus and its chief rival Boeing. Airbus, one of the leading names in the aerospace sector, recently signed a multibillion-dollar deal to sell 300 airliners to China. With t...

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Dish signs long-term agreement with Univision, ends carriage dispute

According to the new agreement, Univision networks and stations will be restored on DishLatino and Dish with immediate effect. Univision communications and Dish network have reportedly announced a new long-term contract, ending a nearly eight-month...

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Lime discontinues bike-share in Green Bay, hunts for alternatives

Green Bay aims to form a task force to find the new bike sharing service. The city aspires to develop its plan in spring and have the system into effect before fall. Lime has decided to withdraw its bike sharing program in Green Bay as the paradigm...

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SoftBank, Amazon to invest in Bengaluru-based mobility firm Drivezy

The investment will help Drivezy expand its fleet across India and further help it enter into overseas markets. Japan’s renowned technology investor, SoftBank Group Corp. is reportedly in talks with global e-commerce giant Amazon.com, Inc. to ...

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Next says no-deal Brexit tariffs could save £15M to benefit shoppers

The latest move comes in the wake of the company’s increasing focus on web sales, as it is expected to close around 507 stores over the next 15 years Next, the fashion retail giant, has announced that after a no-deal Brexit it could save up to...

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Nvidia introduces GauGAN to turn sketches into realistic landscapes

The program can blend hundreds of thousands of objects and their connection to other objects in the real world Nvidia Research has recently introduced a generative adversarial AI system named GauGAN that allows one to create photorealistic landscape...

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Trump targets GM & Ohio union official, demands Ohio plant reopening

The automaker and the union official had closed down a vehicle assembly facility recently. The U.S. President’s lashing, which came via a tweet, further amplifies the amount of public pressure on GM to re-commence operations at the plant. ...

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Nut bars behemoth Kind wants the FDA to change food labeling protocol

Kind appeals to the FDA to alter the way it regulates food labels. The renowned nut bars maker was previously engaged in a row with the FDA over the use of the word ‘healthy’ on its packs. Kind, the renowned maker of nut bars, has re...

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Microsoft contracts Invenergy for solar energy center development

The construction of the energy center is scheduled to start in 2019 and is anticipated to create approximately 500 jobs during construction. Microsoft, the tech giant recently announced that it has contracted Invenergy, a global developer of sustain...

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Chronicle launches of Backstory, its first data security platform

Unlike data security platforms, Backstory’s pricing will depend of the size of the company and not on the size of the customer’s data. Chronicle, the cybersecurity company that spun out of the former Google X and currently a subsidiary o...

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Ericsson, Airtel team up to deploy AI technology in network operations

Artificial Intelligence could be a key to Airtel’s customer experience centric operations management Ericsson, the Swedish telecommunications and networking giant, and Bharti Airtel have recently confirmed that the companies have entered into ...

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AC Immune starts enrolling patients for next Phase 2 trial of anti-Tau

The antibody, called as MTAU9937A, RO7105705, is also being assessed by Genentech in a different Phase 2 trial Anti-Tau monoclonal antibody was detected and improved under the collaboration between AC Immune and Genentech The Switzerland-based c...

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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 developers o...

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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, Target Global...

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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 workarounds...

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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.      D...

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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, profession...

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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’s ret...

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Roche to abandon Alzheimer’s drug crenezumab following failed trials

The news from Roche marks another failure in developing drugs for Alzheimer’s after many other drugmakers have stopped trials of prospective treatments. Roche Holding, the Swiss pharmaceutical giant, has recently confirmed that it would be sto...

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DSM creates a joint venture with Nenter & Co to manufacture vitamin E

DSM is likely to acquire a 75 percent stake in the joint venture for about €135 million.   The new business will exclusively manufacture vitamin E for DSM The Dutch nutrition firm DSM has reportedly announced that it is planning to fo...

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Abcam acquires California-based antibodies developer Calico Biolabs

U.K. biotech firm Abcam has recently confirmed the acquisition of Calico Biolabs, a specialist in rabbit monoclonal antibodies based out of California. Calico is known to provide custom, high-quality recombinant rabbit monoclonal antibodies developed...

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Ad tech company OpenX signs a $110 million cloud deal with Google

Post the deal execution, the company would become one of the first 100 percent cloud-based programming advertisement platforms. The U.S.-based programmatic advertising technology company OpenX has reportedly signed a five-year deal with Alphabet Inc...

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Huawei develops its own chip technology to sidestep U.S. components

The company claims that its chip technology is at par with the leading U.S. technologies. Huawei, the Chinese tech giant, recently announced that it will be using its own technology for a next-gen smartphone instead of U.S. components. Experts spec...

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Basilea & Roche to jointly study novel treatment for urothelial cancer

The planned study would assess the efficacy, tolerability, and safety of the derazantinib-atezolizumab combination in patients with confirmed FGFR genomic aberrations and advanced urothelial cancer. Basilea Pharmaceutica Limited, a commercial stage ...

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Tech giant IBM signs 8-year cloud agreement with BNP Paribas S.A

The deal will enable BNP Paribas to utilize IBM Hybrid Cloud solutions to enhance its service capabilities via multiple environments. Tech giant IBM has reportedly announced that it has inked an eight-year agreement to extend its cloud partnership w...

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