Scrut Automation to expand in U.S., EU & Asian market with $3Mn fund
Indian information security compliance startup, Scrut Automation recently announced that it has secured $3 million fund from Lightspeed and Endiya Partners. According to the full-stack security compl....
Meta shares plummet post receding profit trends & revenue growth
Facebook’s parent company, Meta is focusing on investing heavily into its metaverse project, but relies largely on advertising revenue for practically all of its income. After the company, form....
Invesco to ramp up hiring in China as assets exceed $100 billion
American investment management firm, Invesco Ltd. is reportedly pursuing employee expansion in China after achieving the asset management targets two years prior to the scheduled time, in line with it....
Infinitum Electric to launch Ultra High-Efficiency Motors in Canada
Infinitum Electric, a Texas-based motor technology company, has recently unveiled a new product line built especially for supporting pump, HVAC, and general-purpose applications in Canada. The newfan....
Google may offer limited space for storing WhatsApp chat backups
One of the most used messaging apps globally, WhatsApp is generally known to allow users to save their chat backups on Google Drive. At present, Google provides unlimited space for storing these chat ....
Australia's NSW announces second REZ, targets $10.7Bn investment
Australia's largest anticipated Renewable Energy Zone (REZ) is said to be developed in the New South Wales (NSW) northeast with the announcement of New England REZ by the state government. The zon....
Vanti Analytics raises $16M to help manufacturers deploy AI models
Covid-19 has led many manufacturers to begin to experiment or fully incorporate AI in their organizations. Around 93% of the organizations are certain that AI will be a fundamental technology for augm....
The next Covid-19 variant will be more dangerous than Omicron: WHO
After being first detected in South Africa last November, Omicron has swiftly overthrown Delta as the most dominant variant of Covid-19. Its fast-paced spread rendered record waves of cases in the U.....
Firebolt raises $100 Mn; seeks to revamp the face of data warehousing
With the emerging advanced technologies taking over the existing ones, an Israel based startup Firebolt, in a recent development, has claimed to be taking over Google’s software- Snowflake, BigQ....
Unity acquires Ziva Dynamics, aims to make tools more accessible
Unity, a cross-platform game engine developed by Unity Technologies, has recently announced that it has acquired Ziva Dynamics, a software company behind revolutionary digital character creation. Unit....
Good Glamm inks $10Mn deal to buy majority stake in Organic Harvest
South Asia's largest content-to-commerce group, Good Glamm has reportedly acquired a major stake in organic beauty & personal care brand, Organic Harvest. Under the deal, Good Glamm will be i....
AIMA Technology, Juiced Bikes collaborate on global expansion
AIMA Technology, one of the leading Chinese e-bike producers, has formed a strategic alliance with US e-bike maker, Juiced Bikes. Tora Harris, Founder of Juiced Bikes, and Su Yuhang, GM of AIMA Techn....