GBL to secure a $1.7Bn Affidea deal with Switzerland-based tycoon

Groupe Bruxelles Lambert SA, a Europe based investment company, is on the verge to close a deal to purchase Affidea, a health-care service company from Ernesto Bertarelli, Switzerland’s richest man. As per credible sources, GBL is ne....

Apple MacBook shipments delayed due to production halts in China

Apple Inc., an American multinational technology company, has hit a roadblock in producing its leading MacBook Pro laptops, a sign that Covid-19 in China may be contributory to the delays. Meanwhile, the US consumers trying to order the la....

Samsung & Virgin Media O2 install live 4G/5G sites in the UK

Virgin Media O2 and Samsung Electronics have announced that the companies have successfully completed the deployment of various live 4G and 5G sites across the United Kingdom, advancing the next stage of their collaboration. Simultaneously....

Nokia joins the bandwagon; claims to leave Russian market amid Ukraine war

Nokia, the famous telecom manufacturer, has announced its exit from the Russian market after the country waged a war against Ukraine. As per credible sources, the move comes amidst numerous sanctions being imposed by the Western nations af....

GripAble secures $11Mn funding to offer musculoskeletal & neuro rehab

GripAble, a leading London headquartered digital healthcare start-up offering rehabilitation program to people with musculoskeletal and neurological conditions, has announced securing an investment of $11 million in a Series A funding round....

Facebook concerned as TikTok surpasses Snapchat, Twitter ad shares

Meta, formerly known as Facebook, is baffled by the meteoric rise of TikTok as the China-origin short-video app is set to eclipse the universal advertising share of Twitter, the micro-blogging platform and Snapchat, the largest photo-sharin....

Sri Lanka fears catastrophic death toll due to medical supply shortages

Sri Lanka is witnessing its worst economic crisis seen in decades forcing the country to survive amidst shortage of fuel and other essential commodities Sri Lanka Medical Association (SLMA) warns that hospitals in the country will not be a....

Banana Wave to expand its plant-based dairy portfolio with new funding

Banana Wave, a leading banana-and oat-based milk alternative made by Mylk Brands, has received funding from Eat and Beyond Global. As the increase in dairy shortages upset the industry, the Canadian investment issuers focus on accelerating....

Google Cloud unveils Big Lake- a latest cross- platform data storage engine

Google, at its Cloud Data Summit, has announced the launch of BigLake, a new data lake storage engine which makes analysing data in data lakes and warehouse easy for businesses. The main aim is to take Google’s expertise in operating....

Honda & General Motors to conjointly produce a series of affordable EVs

General Motors Co. is reportedly expanding its partnership with Honda Motors Co. Ltd. to manufacture a range of affordable electric vehicles. The production will be based on a new global pattern that will make use of GM’s advanced Ult....