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Siemens, Alstom offer new merger concessions to competition watchdogs
Siemens and Alstom have reportedly offered new concessions in an attempt to meet antitrust demands and getting the green light for their plans of merging into a joint European rail champion. However, there is no certainty that this package’s content would be sufficient for alleviating the conc... Read More
ISRO successfully launches Kalamsat and military satellite Microsat-R
Kalamsat is an experimental satellite aimed at studying the communication systems of Nano satellites. Incidentally, it is regarded as the first Nano satellite to utilize PS4 as a platform to orbit around the Earth. The Indian Space Research Organization has reportedly successfully... Read More
CVS Pharmacy to launch Beauty Mark to promote realistic beauty ideals
The company expects to attract more millennial shoppers with a more realistic representation of what its beauty products can achieve. CVS Pharmacy, the American healthcare and retail company recently announced that it will be labeling the photos of models appearing in the beauty aisles of the com... Read More
NFC Forum inks IoT deal with AIM, extends auto partnership with JasPar
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
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
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
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
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
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
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