MARKET TRENDING NEWS

Indian e-commerce and digital wallet company, Paytm has reportedly launched a new AI powered cloud computing platform, Paytm AI Cloud in collaboration with the Chinese mammoth Alibaba. As per sources, the platform has been introduced in a bid to lend support to developers, startups and enterprises i... Read More

Singapore Technologies Engineering, an integrated engineering group, in association with manufacturing company Siemens has reportedly won a S$18.8 million contract. The contract, as per sources, entails the development of a software system capable of integrating all asset information across the Mass... Read More

Tesla, the electric automaker will reportedly be taking the Ontario government to court over the cancellation of an electric vehicle incentive program that the Canadian province had previously promised. Shortly after coming to power in July 2018, the Progressive Conservative government of Ontario... Read More

Kroger, the grocery giant, has reportedly entered into a collaboration with technology solution provider Nuro to test grocery delivery through self-driving cars. According to sources, residents of Scottsdale, Arizona will be the first recipients of autonomous deliveries from Fry’s Food Stores,... Read More

Sprint Corp, the American telecommunication and wireless service provider recently announced a partnership with the South Korean multinational electronics company LG Electronics. Sources claim that the collaboration is aimed toward the launch of a 5G smartphone in the first half of 2019. The anno... Read More

Merck, the leading pharmaceutical and life science firm, has reportedly announced that it has availed permission for the patent application of paired CRISPR nickases from the Australian Patent Office. Sources claim that Merck's CRISPR integration patent portfolio already boasts of patents grante... Read More

China Literature, the e-books unit owned by Tencent Holdings, the Chinese internet giant recently announced that it will be acquiring film and TV studio powerhouse New Classics Media. According to reliable sources, the deal that brings together one of China’s top video production outfits with ... Read More

VF Corp., the renowned American apparel and footwear company, has recently announced that its Lee and Wrangler jeans will soon be spun off as an independent public company as VF Corp will be focusing more on its other brands such as North Face and Vans that have proved to be more profitable. Repo... Read More

APA Group, the biggest gas pipeline company of Australia announced the acceptance of a A$12.98 billion takeover deal offered by a consortium led by CK Infrastructure of Hong Kong. Once the buyout materializes, CKI will gain the position of being a noted competitor in the east coast gas pipeline netw... Read More

WeWork Co. will reportedly be getting another US$1 billion from the Japanese multinational firm Softbank Group Corp. and the investment will be in the form of convertible notes. Sources claim that WeWork’s expenses are increasing as its business is gaining momentum, on the grounds of which Sof... Read More