European Medicines Agency studying the need for COVID-19 booster dose

The European Medicines Agency has advanced the evaluation on the need to recommend a booster dose of the COVID-19 vaccine made by Pfizer-BioNTech. The EU drug regulator stated that it is considering the necessity of the third dose of the v....

H2O Hospitality bags USD 30 million to help hotels digitize operations

H2O Hospitality, a company that specializes in automating hotel operations, has secured USD 30 million in a Series C funding round. The startup, based in South Korea and Japan that digitizes front and backend processes involving accommodati....

Volkswagen, Argo AI unveil first ‘ID Buzz’ autonomous driving prototype

German vehicle manufacturer Volkswagen and autonomous driving technology company Argo AI revealed the first model of their automated driving vehicle ID Buzz AD at a press conference ahead of the 2021 Munich auto show. The electric ID Buzz ....

Insurers reverse COVID-19 norms on life cover as vaccine uptake rises

In the early days of the COVID-19 pandemic, life insurers had imposed waiting periods for specific age groups and those infected, claiming that the long-term health repercussions of coronavirus infection were unknown. However, the introduc....

Grocery delivery startup Cajoo bags USD 40 million in Series A funding

French grocery delivery startup Cajoo has reportedly raised USD 40 million in a Series A funding round which was led by supermarket major Carrefour SA. The funding round also involved a troupe of prominent investors such as Xange, Headline,....

LinkedIn planning to shut down its Stories feature by end of September

LinkedIn Corporation is reportedly planning to retire the Stories feature from its professional networking platform by the end of September 2021. Instead, the company is working on introducing a reimagined video experience, a move that was ....

Tencent annuls its exclusive music deals following regulatory clampdown

Tencent Holdings has reportedly terminated all its exclusive music copyright agreements after Chinese regulators prohibited it from making such deals last month. As per a statement given by Tencent, all parties involved in such agreements ....

SVOLT reveals first ever cobalt-free battery to reach series production

Chinese EV battery manufacturer, SVOLT Energy Technology Co. Ltd. has reportedly introduced the first-of-its-kind cobalt-free battery that has obtained series production. The battery pack has been assembled in Great Wall's electric SUV,....

Lufthansa plans to offer more flights to woo daily business travelers

Like many airlines that have suffered sizeable losses during the Coronavirus pandemic, German airline Deutsche Lufthansa AG has been encountering tough times. The airliner has now devised a new way to combat the situation and attract more b....

Microsoft warns thousands of Azure customers about exposed databases

Security firm Wiz identified a flaw in Microsoft Azure that allowed it to read, modify, and delete the databases of various corporate clients. Microsoft claims there is no proof that the flaw had been exploited. Microsoft Corporation r....