About Author
Saipriya Iyer
Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i
Contribution by Saipriya Iyer
J&J and DePuy to settle hip-implant claims with USD 120 million
The American medical devices and pharmaceutical giant Johnson & Johnson and its orthopedic and neurosurgery unit DePuy Orthopaedics have reportedly agreed to settle $120 million to resolve false marketing claims on its hip-implant devices by several state prosecutors. According to sources fam... Read More
Nestle Skin Health officially opens new branch in Kuala Lumpur
Nestle Skin Health, a part of Nestle’s global business portfolio, has recently announced the opening of a new affiliate in Kuala Lumpur, Malaysia, in a major effort to consolidate footprints in the Asia-Pacific region. Reportedly, the global leader in skin health is endeavoring to tap into the... Read More
DJI probe unearths plausible $150M loss due to staff corruption
An internal investigation discovered that company employees were deliberately inflating material & part costs of certain DJI products for their own financial gain. The incident has raised numerous questions regarding the world’s largest consumer drone producer’s financi... Read More
Facebook launches new feature enabling users to make political demands
Facebook’s Community Action feature aims to give interest groups and communities a voice to request changes from elected officials – on a local and national basis. Renowned social media networking site Facebook has made it to the headlines for having announced the launch of its new fe... Read More
Larsen & Toubro Infotech officially purchases Ruletronics for $7.48M
The acquisition of Ruletronics marks LTI’s third acquisition since it went public. The purchase is expected to strengthen LTI’s expanding digital business. Larsen & Toubro Infotech has reportedly made it to the front page for having taken over CRM solution provider... Read More
Siemens Gamesa unveils its first-ever 10MW offshore wind turbine
The new wind turbine’s nacelles are expected to be initially manufactured at SGRE’s factory in Germany’s Cuxhaven. Siemens Gamesa Renewable Energy (SGRE), a renewable energy industry leader headquartered in Spain, has reportedly unveiled its latest SG 10.0-193 DD, the company&rs... Read More
Rubrik Inc., raises $261 million in the latest Series E funding round
Rubrik has raised up to USD 553 million in funds so far, including the Series E round. Rubrik Inc., a data management company based in California, USA, has reportedly secured as much as US$ 261 million in Series E funding, the latest financing round of the company led by Bain Capital Ventures, a ... Read More
American Express buys Japanese restaurant booking app Pocket Concierge
The service was reportedly launched in 2013 to help customers book quality restaurants that have months-long waiting lists for reservations. The company currently works with more than 800 restaurants and has made available its app in English, Japanese and Chinese. U.S. card issuer... Read More
Sabio acquires Callware to expand its Workforce Optimization skills
The acquisition follows Horizon Capital’s original investment in Sabio in 2016 and belongs to an ongoing expansion strategy to augment the company’s solutions portfolio and regional coverage. IT services management company Sabio Group has reportedly acquired Callware, Spain’s le... Read More
Qualcomm to add three tier car computing chips, ties with Amazon
Reportedly, Qualcomm will be separating the car computing platforms into three levels - Performance, Premiere, and Paramount. Sources claim that this segmentation is likely to offer the automakers the option to lay more complex computing systems into budget-friendly and cheaper cars. ... Read More