Britons lower expending on streaming providers as cost-of-living hikes
People in the UK have reportedly reduced spending on the subscription services like Netflix and Disney+ as households are making reductions in their spending, as observed recently in card transactions....
E42 introduces 1st marketplace for companies to hire AI workers
E42, an AI-focused startup driving enterprise cognition across processes, has recently announced that it is creating an AI workers marketplace where companies can explore and hire AI bots for deliveri....
Alcon to buy EYSUVIS for expanding its ophthalmic eye drop range
Alcon, an American Swiss medical company, has inked an agreement to acquire Kala Pharmaceuticals’ EYSUVIS® 0.25% eye drops. The acquisition will accompany Alcon’s existing portfolio in....
Cloud service provider Fastly acquires coding software platform Glitch
The U.S.-based cloud services provider Fastly has reportedly acquired Glitch, a web coding software company. With the acquisition, Fastly is looking to expand the team as well as facilitate Glitch app....
Ather Energy, Magenta partner for building EV charging grids in India
Indian electric vehicle firm Ather Energy's fast-charging network division, Ather Grid has recently signed an MOU (Memorandum of Understanding) with Magenta ChargeGrid for installing its fast char....
ZMO.ai picks $8Mn funding to develop AI-generated fashion models
ZMO.ai, an artificial intelligence startup established by a team of Chinese entrepreneurs, has recently raised $8 million in Series A financing round headed by Hillhouse Capital, with participation fr....
Sofinnova forms strategic collaboration with Apollo in Life Sciences
Apollo Global Management, Inc., a leading investment management firm based in the U.S., has recently entered into a long-term strategic and financial partnership with European life sciences VC firm So....
Omicron infection could boost immunity of vaccinated people: Study
Research suggests that people who are vaccinated and are then infected with the omicron variant may be able to beat other variants of coronavirus. A set of studies showed that the infection formed ev....
Emirates Telecommunications secures 9.8% stake in Vodafone for $4.4Bn
The UAE-based telecommunications firm aims to unlock full exposure to Vodafone – the world leader in connectivity and digital services It pursues expansion into new markets across Europe, A....
Sanctions on Russian oil not impacting worldwide supply: IEA estimates
After issuing a warning in March that Russian oil sanctions could result in a loss of 3 million bpd (barrels per day), the IEA (International Energy Agency) has now revised the forecast. The agency ha....
BD unveils fully automated molecular diagnostics platform in the U.S.
American medical technology company BD (Becton, Dickinson & Company) has reportedly announced the launch of a new fully automated, high-throughput platform in the U.S. catering to infectious disea....
UK’s BP to acquire stake in $36 billion clean energy project, AREH
The oil and gas major aims to support the generation of renewable fuels from the onshore solar and wind project BP, a British oil supermajor, has recently announced the acquisition of 30% equity st....