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U.S. to invest $1.95 billion in Pfizer & BioNTech for COVID-19 vaccine
As the COVID-29 pandemic surges on, the Trump administration has reportedly invested nearly $2 billion in a new coronavirus vaccine contract with Pfizer and German pharma company BioNTech to produce mor than 100 million vaccine doses by the end of the year. The U.S. government plans to administer 50... Read More
Netflix to test mobile+ cost-efficient subscription plan in India
The entertainment industry, in the current scenario, has emerged as a highly successful arena in the times of lockdown and social distancing. With the second-largest population, India's media consumption market has become one of the biggest and fastest-growing in the world. As such, ... Read More
Oxford COVID-19 vaccine shows positive results in early human trials
With the experimental vaccine being developed by Oxford University against the COVID-19 producing an immune response in early-stage clinical trials, it seems that the race to develop a vaccine is finally coming to a close. The vaccine, called ‘ChAdOx1 nCoV-19’ apparently prompted no s... Read More
Deloitte says 10% of businesses may shut down due to COVID-19 crisis
Deloitte Access Economics has reportedly announced that over 10% of businesses in the country may face risks of closure or failure. The prevalent business issues are likely to come to the fore when the JobKeeper payment and loan repayment deferral schemes unfavorably come to an end. These schemes... Read More
Vodafone Idea pumps Rs 1,000Cr in AGR dues, sees 9% surge in shares
Indian telecom operator, Vodafone Idea Ltd. has witnessed a 9% surge in shares following the payment of Rs 1,000 crore to the Government of India as part of its statutory dues. The move comes prior to the Supreme Court hearing on the AGR (adjusted gross revenue). With the recent spending, Vodafon... Read More
Twitter accounts of famous celebrities hacked in a bitcoin scam
Twitter account of famous personalities like Billionaires Jeff Bezos, Bill Gates, and Elon Musk have reportedly been hacked in a bitcoin scam. Accounts of celebrities including star rapper Kanye West, reality TV celebrity Kim Kardashian, former US President Barack Obama, former Vice-President Joe Bi... Read More
Facebook to roll out officially licensed music videos on its platform
California-based social media giant Facebook has reportedly announced its plans to officially launch licensed music videos on its social networking platform in the U.S. The social media major has already told Page owners, who are connected to artists, that they will have to toggle on a new setting t... Read More
Google to invest $10bn in India to drive digital transformation
Speaking at the annual Google India online event, CEO Sunder Pichai has announced that Google will invest $10 billion in India over the next five to seven years through the ‘Google for India Digitization fund’. According to sources familiar with the knowledge of the matter, the funds ... Read More
Sir Richard Branson to contribute £200M to stabilize Virgin Atlantic
British business magnate Sir Richard Branson had reportedly announced that he intends to contribute a sum of £200 million as part of the £1 billion plan to stabilize Virgin Atlantic without taxpayers’ money. Sources state that he will use the funds raised by selling a £396 mi... Read More
The Electric Cycle Company announces plans to move to bigger premises
After a successful launch of a £70,000 crowdfunding campaign to renovate its shop and workshop, the Scottish e-bike firm Electric Cycle Company has reportedly announced its plans to move to a 4000 sq. ft., carbon-neutral Edinburgh-based premise, which will be the largest e-bike shop in the UK.... Read More