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UK-based chip design subsidiary all set to acquire Treasure Data Inc.

Published Date: 2018-07-31         Author: Pankaj Singh

British computer chip designer ARM Holdings Plc has reportedly agreed to purchase the U.S. based Treasure Data Inc. The data analytics firm located in Mountain View, California might collect around $600 million in sale value, as per reliable sources who chose to remain anonymous citing the fact that... Read More

Amazon signs £600 million deal to supply public sector in Yorkshire

Published Date: 2018-07-30         Author: Pankaj Singh

Amazon having acquired its first significant public-sector contract in the UK has seemingly launched a compulsive incursion into the country’s public-sector procurement industry with an approximately £600 million deal. Through this agreement, the e-commerce giant will be selling every ba... Read More

IBM wins patent fight with Groupon, $82.5 million awarded by U.S. jury

Published Date: 2018-07-30         Author: Pankaj Singh

International Business Machines (IBM), the American multinational technology company has been awarded $82.5 million by a U.S. jury after it found Groupon Inc. to have infringed four e-commerce patents of IBM. For the record, IBM is a holder of more than 45,000 patents and the recent verdict came ... Read More

Aramark announces decision to phase out single-use plastic by 2022

Published Date: 2018-07-29         Author: Saipriya Iyer

Aramark, a world leader in facilities management, food & uniforms has reportedly committed to reduce use of single-use disposable plastic by the year 2022. If sources are to be believed, Aramark will be implementing the move for reducing the usage of single-use plastic items across all its opera... Read More

UK invests £37.5m to establish new health & biomedical data hubs

Published Date: 2018-07-28         Author: Shikha Sinha

The Government of UK has announced a £37.5m investment to set up new research centers which will connect regional healthcare data with biomedical & genetic information. As per reliable sources, around three to five ‘Digital Innovation Hubs’ would be set up in the upcoming three... Read More

Ford’s self-driving cars to shift under Ford Autonomous Vehicles

Published Date: 2018-07-27         Author: Pankaj Singh

Ford Co. recently announced that its autonomous vehicle business will be separated into a new organization and will be based in the automaker’s Corktown campus. Ford is apparently investing $4 billion into this initiative by 2023. Reports claim that Ford Autonomous Vehicles will incorporate... Read More

Eli Lilly to spin off its Greenfield-based animal health arm, Elanco

Published Date: 2018-07-27         Author: Saipriya Iyer

Eli Lilly & Co., a leading pharmaceutical company has reportedly announced its plan to spin off its Greenfield-based animal health unit - Elanco, after going through a month-long review regarding its business in animal healthcare and agriculture. The company is expecting to complete the spinoff ... Read More

Alipay-Guess? deal to ease Chinese tourists’ payment ordeal in U.S.

Published Date: 2018-07-26         Author: Saipriya Iyer

Guess?, Inc., an American clothing brand and retailer has recently declared that it is entering into a partnership with Alipay, Alibaba’s third-party mobile and online payment platform. Reportedly, through the Alipay application, the partnership between the two aims to ease the payment experie... Read More

Ele.me aims to capture a larger chunk of China food delivery market

Published Date: 2018-07-26         Author: Pankaj Singh

Ele.me, an online food delivery platform reportedly plans to seize at least 50% of China’s food delivery market in the short term. The company has kicked off a major growth-oriented push, driven by a summer campaign of RMB 3 billion. The campaign includes new promotions and red packets and is ... Read More

NTUC FairPrice unveils new green initiative to curb plastic bag use

Published Date: 2018-07-25         Author: Pankaj Singh

NTUC FairPrice, a supermarket chain based in Singapore has reportedly declared the launch of a new initiative called ‘FairPrice Plastic Bag Management Programme’, that will drastically reduce the use of plastic bags. The programme was developed after a review conducted this year and appa... Read More

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