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Atlas Protocol secures seed investment backed by SoftBank and Baidu

Published Date: 2018-08-23         Author: Pankaj Singh

Atlas Protocol has reportedly raised an undisclosed investment amount from its seed funding round led by SoftBank China Venture Capital. The funding is also backed by Baidu Ventures, Fenbushi Digital, and Danhua Capital. As per sources, investors recognized that Atlas Protocol would disrupt the c... Read More

Paytm ties up with Alibaba, unveils new AI cloud computing platform

Published Date: 2018-08-22         Author: Pankaj Singh

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

Japan approves AstraZeneca's lung cancer treatment, Tagrisso

Published Date: 2018-08-22         Author: Saipriya Iyer

AstraZeneca, a global biopharmaceutical company has reportedly announced the approval of its new lung cancer treatment, Tagrisso by the Japanese Ministry of Health, Labor and Welfare. As per reliable sources, the treatment would be available for the first line treatment of patients suffering from in... Read More

Ola initiates UK ride-hailing operations in New South Wales

Published Date: 2018-08-21         Author: Shikha Sinha

Renowned Indian ride hailing service provider Ola has reportedly commenced its operations in the UK starting from South Wales. Sources cite that the company aims to cover the entire UK by end of 2018. Experts forecast that Ola’s decision to go international has started to mount pressure on ... Read More

LTA Singapore awards S$18.8M contract to Siemens & ST Engineering

Published Date: 2018-08-21         Author: Pankaj Singh

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

Alibaba challenges rivals in India e-commerce market with $5B JV

Published Date: 2018-08-20         Author: Shikha Sinha

China’s Alibaba Group Holding Ltd has reportedly made plans to collaborate with one of India’s largest retailer, Reliance Retail Ltd, in a bid to compete with e-commerce giants Flipkart and Amazon that currently dominate the world’s fastest growing economy. As per reliable sourc... Read More

Alipay unveils paperless mobile tax refund function in South Korea

Published Date: 2018-08-20         Author: Saipriya Iyer

Ant Financial Services Group’s business unit Alipay, the biggest online payment service and lifestyle platform, has reportedly announced its collaboration with a tax refund organization - GTF (Global Tax Free). This collaboration is aimed at establishing the first paper free mobile tax refund ... Read More

Tesla to sue Ontario government over cancellation of rebate on EV

Published Date: 2018-08-20         Author: Pankaj Singh

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

Arizona to witness Kroger’s first autonomous grocery delivery service

Published Date: 2018-08-19         Author: Pankaj Singh

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 partners with LG Electronics to launch 5G smartphone in 2019

Published Date: 2018-08-17         Author: Pankaj Singh

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

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