Pfizer Inc. and BioNTech SE reported that its COVID-19 vaccine is 73.2% effective among kids aged between 6 months to 4 years. The development comes two months after the vaccine was rolled out in the United States for this age group. Mor....

The United States Agency for International Development (USAID) and Asian Development Bank (ADB) have reportedly signed an agreement to support the Pacific region in better preparing for and responding to pandemics, economic shocks, and the ....

According to the country's new strategy for achieving a wider rollout of self-driving vehicles by 2025, manufacturers running self-driving vehicles in the UK would be liable for a vehicle's behavior when in autonomous mode. This mea....

The leading offline Point-Of-Sale (POS) business, Ezetap, which was formed to make in-person offline payments simpler, has been acquired by fintech behemoth Razorpay, through a deal worth USD 200 million. The acquisition will enable Razo....

Singapore-based e-commerce enabler Graas has announced having received funding of USD 40 million in the Series A round. The investment was led by an array of South Asian and Indian investors from private equity, retail, and deep tech g....

Tencent Holdings Ltd., a Chinese conglomerate, is reportedly planning to sell a fraction of its 17% stake in shopping platform Meituan to pacify domestic policymakers and capitalize on an investment made eight years ago. According to peo....

American media mogul Nexstar Media Group Inc. has become a majority owner of commercial broadcasting company The CW Television Network, as per the latest reports. Nexstar is expected to own nearly 75% of the CW network, which was previou....

Coinbase, the largest cryptocurrency exchange platform, reported a steep dip in its revenues and profits in the June quarter, with a net loss of USD 1.1 billion and revenue falling sharply by about 60% as compared to the same time last year....

Nvidia Corp. has reportedly warned that the slowdown in its gaming business would cause its second-quarter revenues to decline by 19% from the previous quarter, further causing the chip maker's shares to fall by nearly 8%. Nvidia rel....

Tesla Inc. has reportedly made contracts worth USD 5 billion with Indonesian nickel manufacturing companies to buy materials for its batteries. For a while now, Indonesia has been trying to get Tesla to invest in setting up a sturdy manufac....