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NFC Forum inks IoT deal with AIM, extends auto partnership with JasPar

Published Date: 2019-01-25         Author: Pankaj Singh

The global advocacy and standards association for Near Field Communication (NFC) technology, the NFC Forum, has recently announced that it has signed an IoT liaison agreement with AIM. Apparently, the association has also extended an ongoing partnership with the Japan Automotive Software Platform an... Read More

Sequoia Capital launches startup accelerator in India & Southeast Asia

Published Date: 2019-01-25         Author: Saif Ali Bepari

The company’s accelerator could be the biggest such program to be launched in India.   The program would be targeting early-stage startups in Southeast Asia and India across a number of different sectors. Sequoia Capital India (Sequoia), a branch of renowned American venture c... Read More

Google’s YouTube TV to expand its services across the United States

Published Date: 2019-01-24         Author: Paroma Bhattacharya

Cable companies continue to lose out to expanding livestreaming services across the country. Recently YouTube TV, Google’s TV streaming service that is encouraging more customers to scrap their costly cable subscriptions, announced that the service will be expanded throughout U.S.A.   ... Read More

J&J and DePuy to settle hip-implant claims with USD 120 million

Published Date: 2019-01-24         Author: Ojaswita Kutepatil

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

Target to offer Apple Pay and Google Pay options at its U.S. stores

Published Date: 2019-01-23         Author: Paroma Bhattacharya

The move will roll out around 1,850 Target stores in the U.S., most plausibly in the coming weeks. U.S. renowned discount retailer, Target Corp. has recently announced that it will soon accept Apple Pay, Samsung Pay, Google Play as well as contactless cards from Visa, Mastercard, American E... Read More

Just Eat acquires hospitality platform Flyt for around €25 million

Published Date: 2019-01-23         Author: Paroma Bhattacharya

London’s online food ordering firm Just Eat plc has recently acquired Flyt Limited, a startup that offers software for restaurants and restaurant suppliers. As per trusted sources, Just Eat acquired Flyt’s shares for around €25 million paid in cash from existing ... Read More

Nestle Skin Health officially opens new branch in Kuala Lumpur

Published Date: 2019-01-22         Author: Ojaswita Kutepatil

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

Published Date: 2019-01-22         Author: Ojaswita Kutepatil

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

Published Date: 2019-01-21         Author: Saipriya Iyer

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

Published Date: 2019-01-20         Author: Saipriya Iyer

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

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