Schneider Electric’s ‘Green Yodha’ plan to boost climate action in India
French automation company, Schneider Electric has launched its sustainability-focused engagement initiative called ‘Green Yodha’ in India. The fundamental objective of the gambit is to in....
UN shipping agency IMO condemned for delaying emissions reduction plans
International Maritime Organization (IMO) and its members have decided not to revise its emission reduction strategy until the spring of 2023. However, this decision is criticized as hazardous by envi....
South Korea to have world’s first floating city in Busan by 2025
UN-Habitat’s New Urban Agenda and New York-based Oceanix have reportedly collaborated to build the world’s very first floating city by 2025. The sustainable floating city’s construct....
GM invests in Pure Watercraft to expand zero-emission electric mobility
American automotive major, General Motors has recently purchased an ownership stake of 25% in Pure Watercraft, a Seattle-based startup that produces all-electric motors for boats of all different kind....
Rolls Royce introduces world’s fastest electrically charged aircraft
Rolls Royce’ fully electric ‘Spirit of Innovation’ aircraft has surpassed existing speed records, setting three new world records for fastest electric aircraft in the world. The com....
BMW Group plans to expand plant logistics operations in Spartanburg
German luxury carmaker, BMW has indicated plans to extend its plant logistics operations at Spartanburg. The plan includes expanding to a new one-million sq. ft. facility costing over $100 million, an....
FDA approves GE Healthcare’s AI algorithm for patient intubation
GE Healthcare, a subsidiary of American multinational conglomerate General Electric, has announced that it has been awarded the U.S. FDA (Food and Drug Administration) 510(k) approval for its AI (Arti....
Solar to represent 20% of all power generated in the US by 2050
The US Energy Department’s Energy Information Administration (EIA) has forecasted that solar will result in 14% of total energy generation in the US by 2035 and 20% by 2050. Earlier in 2020, sol....
Contra collaborates with TikTok to add a LinkedIn touch to the app
Contra, a professional platform for freelancers, has announced partnering with TikTok to allow its users to present their portfolios and resumes through social media’s third-party integration to....
Lunit wins FDA approval for its AI-based Chest X-ray Triage solution
The company plans to fast-track business in the U.S. market using its partnerships with GE Healthcare, Philips and Fujifilm It marks as Lunit’s 1st FDA 510(k) approval from its AI software pr....
Germany to reinstate Work from Home amidst surge in Covid-19 cases
Germany is working on the re-introduction of work from home policy under a new draft legislation. The move comes forth as the country witnesses a gigantic surge in the number of coronavirus cases. Wh....
Amazon Seller Services nabs $196Mn funding from parent firm
E-commerce behemoth, Amazon has reportedly infused $196 million into one of its Indian units – Amazon Seller Services. With this fresh funding, Amazon is expected to attain more arsenal in Indi....