Indian tech startup FloBiz, which helps in digitizing medium and small businesses, has reportedly raised USD 31 million in a Series B funding which was led by venture capital firm Sequoia Capital India, Think Investments, as well as investo....

Global vehicle output is likely to be 75.8 million and 82.6 million vehicles in 2021 and 2022 respectively. The global automobile market is projected to witness a 1.1% fall in manufacturing in 2023. As per market experts, global car pr....

Several care homes, hospitals, and health centers across France have reportedly suspended approximately 3,000 workers for failing to comply with COVID-19 vaccination mandates. This news comes after several EU countries announced stricter me....

German motor vehicle manufacturer Volkswagen Group has reportedly teamed up with England-based semiconductor and software design company Arm Holdings to fuel the development of the software-defined automobile. For the uninitiated, software....

A government-backed agency known as the CAERI (China Automotive Engineering Research Institute Co. Ltd.) has reportedly developed a mechanism to track data that has been transmitted abroad using in-vehicle communication systems. According ....

Enterprise software giant Oracle missed out on meeting Wall Street’s revenue expectations for the first quarter. Even the company’s shares dropped by 1.4% during extended trading after disclosing its quarterly revenues. Accordi....

For a while now, several Chinese tech companies have been facing significant regulatory scrutiny at home, with investors raising concerns over the monetary repercussions of the crackdowns. This predominately involves China’s four majo....

Reigning champions Mercedes AMG Petronas have claimed to be open to compromising Formula One’s upcoming engine rules to make it more convenient for the highly anticipated Volkswagen Group to enter the sport. For those unaware, the FI....

The space industry is booming as new companies with fresh ideas for space-based applications take advantage of declining launch and satellite costs. Out of those firms, Rocket Lab USA bagged a contract to launch 25 satellites on five missio....

IBM Corp. has announced the launch of its IBM Power E1080 server, which is the first server based on the new Power10 processor, developed especially for hybrid clouds. The E1080 server has been designed to provide high-security server platf....