Halo to acquire UK-based medical cannabis company Canmart Limited

Halo Labs Inc., a cannabis extraction company based in Canada, has reportedly announced that it has signed a new binding LOI (Letter of Intent) to procure all common shares of UK based Canmart Limited. The proposed deal would be Halo&rsquo....

EE to pilot 4G connectivity on the London Underground network

British internet service provider, EE Limited has reportedly the third mobile operator in the United Kingdom to join the trial to provide 4G connectivity on The London Underground network. Along with Vodafone and O2, EE will be bringin....

Mitsubishi Electric to develop platform for new JAXA satellite program

Mitsubishi Electric Corporation, one of the leading electric and electronic equipment manufacturer, has reportedly been chosen as the main contractor for the new satellite for Innovative Satellite Technology Demonstration-2 program initiate....

CloudMinds announces program to rent out smart humanoid service robots

CloudMinds has launched a Smart Robot rental program for robots via long or short-term rentals The human robots can strike conversations, gestures, dance and perform other advanced activities CloudMinds Technology Inc, a leading design....

Mercedes-Benz USA to pay a $20M penalty for inadequate vehicle recall

Mercedes-Benz, the German global automobile company & a division of Daimler AG recently consented to pay a whopping amount of $20 million as a civil penalty over its management of U.S. vehicle recalls. Reportedly, the German automaker ....

NVIDIA offers neural network access for self-driving tech development

Access to deep neural networks (DNN) will help develop safe autonomous transportation   Developers can freely customize and extend the AI models by using NVIDIA’s AI tools NVIDIA has recently confirmed that it will be offe....

Giant Eagle to phase out single-use plastic by 2025

With effect from January 15, the company will prohibit the use of plastic grocery bags in its stores Apparently, Americans use around 100 billion plastic bags a year and most of them end up in a landfill. In line with national trends devia....

Intel Corporation acquires AI chipmaker Habana Labs for $2 billion

US tech giant Intel Corp. announced that it has inked a deal to acquire chip startup Habana Labs, for $2 billion to strengthen its artificial intelligence (AI) portfolio. The move will accelerate efforts of the company in AI silicon market,....

Cloudian object storage solutions to be sold in Japan, claims Networld

Networld will start distributing Cloudian’s Hyperstorage® object storage solution in Japan in December following a successful distribution agreement with Cloudian®. The highly anticipated partnership is believed to provide sea....

Iktos announced research alliance with Almirall for new drug design

The new drug design to involve AI technology for optimization of advanced compounds and boosting up the identification if drug candidates for Almirall drug discovery program. The agreement is likely to provide rapid identification of mol....