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
AWS announces Panorama, to add ML technology to camera systems
The Panorama devices will allow customers to inspect parts on manufacturing lines and ensure compliance with safety protocols. AWS’s new hardware system will also help in analyzing traffic across various retail stores. Amazon Web Services (AWS), a cloud services subsidiary of Amazon... Read More
OCP to invest and combine Maestral Solutions, Mistral under one roof
As per reliable sources, Netherlands-based global investment banking advisory and private equity firm Olympia Capital Partners (OCP) has announced a collaboration and strategic investment in Atlanta-headquartered software product development company Maestral Solutions Inc, along with Bosnian IT solu... Read More
British government bans use of new Huawei 5G kit for security purposes
The British government has reportedly informed the country’s telecommunications firms not to install new 5G kit of Chinese multinational technology giant Huawei Technologies Co. Ltd. after September 2021. Sources close to the matter stated that the recent move comes amidst the effort to preven... Read More
US based candy manufacturer Mars to acquire Kind North America
Mars Inc., a leading international confectionery, pet food, and candy manufacturer, has reportedly announced the acquisition of Kind North America, a healthy granola and energy bars manufacturer, as the firm seeks to expand its global footprint. Kind, which is known for its healthy food products,... Read More
Sputnik V vaccine is 92% effective against coronavirus, says Russia
Russia’s Sovereign Wealth Fund on Wednesday stated that its Sputnik V COVID-19 vaccine is 92% effective at safeguarding people from getting infected with coronavirus, as per the interim trial results. The Russian government reportedly announced this metric as it rushes to keep up with the West... Read More
Advertisers to spend almost £700 million less than last Christmas
Advertisers are reportedly cutting their marketing budgets by more than £700 million in the festive-themed virtual running event, the run-up to Christmas. The COVID-19 pandemic has put paid to the big-budget extravaganzas that have historically bombard the general public in the festive season.... Read More
Charles Schwab lays off 1K staff following merger with TD Ameritrade
Charles Schwab Corporation, a financial services company, has recently announced a lay-off of 1,000 employees from the recent merger between Schwab and TD Ameritrade. As per the reported statement made by Charles Schwab, the company has started notifying employees that their roles have been elimi... Read More
Cathay to close operations of Cathay Dragon and lay off 8500 staffs
Cathay Pacific, a flag carrier based in Hong Kong, has reportedly announced the closure of Cathay Dragon, its subsidiary, and is planning to lay-off 8,500 jobs. Cathay Dragon is a full-service carrier, with travel routes across China & other Asian destinations. Cathay Pacific is planning to r... Read More
Netflix shares decline by 5% due to less new subscriber count
Netflix, a media service provider, has recently announced a decline in its share by 5%, after recording a fewer number of paid subscribers in the Q3 of 2020. The news comes in line with the rising competition and return of live sports to TV. The media company has revealed that only 2.2 million ne... Read More
EU to impose stricter norms on tech giants for regional operations
EU has reportedly shortlisted 20 tech giants that will be compelled to follow the new norms. This move is intended to dissolve the monopoly gained by the listed companies. The European Union (EU) has reportedly developed a list of technology giants who will have to follow stricte... Read More