Broadcom & Apple ordered to pay $1.1Bn for patent infringement

After a years-long battle, Apple and Broadcom have been reportedly ordered to pay combined USD 1.1 billion in a patent infringement case to the California Institute of Technology (Caltech). Credible reports cite that Apple was ordered to pa....

Jumio, CIMB Bank PH to offer digital onboarding solution to Filipinos

Jumio, one of the leading providers of AI-based end-to-end authentication and verification solutions, has reportedly partnered with Thailand-based commercial bank, CIMB Bank PH to provide seamless, convenient, and hassle-free digital onboar....

Xcel, EDM and eSmart Systems announce a new strategic initiative

Xcel Energy, a renowned US-based electric services company, EDM International, a renowned electric utility industry player, and eSmart Systems, a company that develops software solutions for the energy industry, together announced the first....

BorgWarner plans to acquire Delphi Technologies for USD 3.3 billion

The auto-parts giant intends to gain edge in electric cars leadership with the strategic buyout BorgWarner, a leading US-based automotive industry components and parts supplier plans to acquire Delphi Technologies for USD 3.3 bil....

Pecan.ai to automate machine learning with its $11Mn Series A funding

Pecan.ai has emerged as a prominent firm in the AI landscape, with its innovative analytic platform aiding businesses. Headquartered in Tel Aviv, Israel, the startup intends to build comprehensive machine learning (ML) models for business a....

Firmenich reveals joint investment in reusable packaging company LOOP

Firmenich SA, one of the leading perfume and taste companies in the world, has reportedly announced joint participation with Quadia in reusable packaging pioneer LOOP's Series A equity round. Announced at ACI’s (American Cleaning ....

Huawei to install new 5G base stations to tackle spreading Coronavirus

Huawei, the renowned Chinese telecommunications equipment and consumer electronics seller, reportedly announced that it would install new 5G base stations in Wuhan city to help tackle the breakout of Coronavirus. The company has already beg....

British officials advise limited role to Huawei in U.K. 5G network

British officials have formally granted Huawei a limited role in the future 5G network of the U.K., dismissing the U.S. calls to completely ban Huawei. The U.S. had earlier accused the company of spying on behalf of the Chinese government.&....

Boom and Flight Research to bring XB-1 test flights to Mojave Corridor

Boom Supersonic, a Colorado based startup that is designing the fastest supersonic airliner in history, has reportedly announced a new strategic partnership deal with Flight Research, Inc., a leading provider of training, services and suppo....

DTM™ spinal cord stimulation shows superior back pain relief in RCT

Medtronic plc, a Dublin-based medical technology, services, and solutions company, has reportedly announced three-month results from a large, multicenter RCT (randomized controlled trial) demonstrating statistically meaningful (p=0.0009) an....