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SpaceX rival OneWeb places 34 internet satellites in the earth’s orbit

Published Date: 2020-02-08         Author: Saipriya Iyer

OneWeb, a global communications company, has reportedly launched new internet satellites from Kazakhstan atop a Russian-developed Soyuz rocket. OneWeb had acquired the rocket from Arianespace, a renowned aerospace company based in France. Adrian Steckel, CEO, OneWeb, stated that the launch is ant... Read More

Spotify to buy The Ringer to strengthen sports podcast content

Published Date: 2020-02-07         Author: Pankaj Singh

Spotify Technology S.A., a streaming music company, is making yet another acquisition aimed at getting a lead in the burgeoning podcast industry. The streaming-music juggernaut has reportedly agreed to purchase The Ringer, the sport-centric podcast media company operated and owned by Bill Simmons. &... Read More

RANE acquires Stratfor to develop its geopolitical capabilities

Published Date: 2020-02-06         Author: Saipriya Iyer

RANE (Risk Assistance Network + Exchange) announced the acquisition of Stratfor, an Austin-based prominent geopolitical intelligence platform. The acquisition will help RANE to provide an advanced suite of services for corporations and risk professionals. These services will help organizations and p... Read More

Synteract acquires Clindata to expand into South Africa & Asia Pacific

Published Date: 2020-02-05         Author: Pankaj Singh

Synteract Inc., an innovative clinical research organization that supports pharma and biotech companies to bring new medicines to the market, has reportedly acquired the human health biometrics division of Clindata to satisfy market demand for adaptable biometrics services solutions. For the reco... Read More

Gtriip receives new investment from its Series B round led by KDDI

Published Date: 2020-02-04         Author: Saipriya Iyer

Gtriip Global, a Singapore based digital identity startup, reportedly announced that it raised new investment from a Series B funding round. While the company did not disclose the raised amount yet, it plans to use the newly raised capital to expand and establish its footprint throughout the Asia Pa... Read More

Facebook might pay $550Mn in privacy settlements to Illinois users

Published Date: 2020-02-04         Author: Pankaj Singh

In this age of digitalization, online data privacy has turned out to be one of the crucial parameters for internet users. In a move to secure user’s data, federal agencies have started to lay down strict regulations on social media platforms. Reportedly, Facebook faced allegations for its f... Read More

The CBA launches X15 Ventures with KPMG and Microsoft Technologies

Published Date: 2020-02-03         Author: Pankaj Singh

The Commonwealth Bank of Australia (CBA), a renowned Australian multinational bank with operations across the globe, reportedly announced its plans to launch 25 new fintech startups throughout the next five years. The company aims to fund disruptive and innovative companies through this move.  ... Read More

Beverage maker Olipop raises USD 10Mn in a Series A funding round

Published Date: 2020-01-31         Author: Pankaj Singh

Olipop Inc., a California-based beverage company, has reportedly secured USD 10 million in a Series A funding round. The participants in the round include present investors Rocana Capital, Boulder Food Group, Monogram Capital Partners, Collaborative Fund, and Finn Capital Partners, along with first-... Read More

ServiceNow signs acquisition agreement with Passage AI

Published Date: 2020-01-30         Author: Pankaj Singh

A US-based cloud computing company, ServiceNow recently announced to have entered an agreement to acquire a conversational artificial intelligence platform, Passage AI. Since the inception of Passage AI in 2016, it has raised USD 10.3 million. The platform aids clients in building chatbots in mul... Read More

SoftBank targets deploying self-driving buses in Japan from April 2020

Published Date: 2020-01-29         Author: Saipriya Iyer

SoftBank Group is aiming to boost its efforts to deploy self-driving buses in Japan soon. The group will soon unveil a plan for carrying passengers across public roads from April. Apparently, a town located on the outskirts of Tokyo, Sakai, has been planning to start running vehicles over a 2.5-k... Read More

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