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Finland’s HMD Acquires Nokia’s PureView Trademark from Microsoft
Finnish mobile phone company, HMD Global has reportedly acquired rights for Nokia’s prior owned PureView brand from Microsoft Corp., a move which would eventually allow HDM to introduce PureView powered handset models in the smartphone market. As per official reports, the PureView brand was... Read More
Waymo sets up subsidiary in Shanghai as Google makes inroads in China
Google’s parent company Alphabet Inc has reportedly set up a Chinese subsidiary for its driverless car division Waymo. As per a business registration filing, this might be Google’s attempt to penetrate the China market, where the government has strict regulations against its online servi... Read More
Cognizant buy SaaSFocus to expedite growth in India & Australia
In an effort to strengthen its business across the Indian and Australian markets, Cognizant has reportedly announced its acquisition of SaaSfocus, a Salesforce consulting service provider based out of Noida. According to Jayajyoti Sengupta, Cognizant Head (Asia Pacific), SaaSfocus’s Salesforce... Read More
Apple’s proposal to buy Shazam may win EU antitrust approval
Apple Inc., one of the world’s largest IT companies, is expected to win unconditional EU antitrust approval for its proposed acquisition of Shazam. Headquartered in London, the music discovery app boasts of about 300 to 400 million users annually, as per early 2018 reports. As per sources f... Read More
Pfizer & Astellas Pharma to amend protocols for EMBARK & ARCHES trials
One of the world’s largest pharmaceutical companies, Pfizer Inc. and the Japanese drug manufacturer Astellas Pharma Inc. have recently announced that they will be amending the protocols for two late-stage trials designed to test the XTANDI prostate cancer drug with an aim to speed up completio... Read More
Slack raises total valuation to $7.1B with additional $427m funding
Slack, the fast-growing workplace messaging platform, has reportedly raised $427 million through a new funding round. Citing reliable sources, this latest funding round has propelled the company to reach a valuation of $7.1 billion. According to reports, the company’s rapid growth rate has ... Read More
Atlas Protocol secures seed investment backed by SoftBank and Baidu
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
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
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
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