Positive Diabetes Prevention Study Helps Raise Provention Bio Shares By Over 300% In A Day

An experimental medicine developed by a New Jersey-based drug company – Provention Bio, appeared to postpone the onset of type 1 diabetes in a clinical trial which pushed the shares of the company, which listed itself on the share market last year, more than tripped on the news. According to the results of the clinical…

$120 Billion Aerospace & Defence Giant To Be Created By Merger Of United Technologies And Raytheon

The largest ever merge in the aerospace industry worth $121 billion could be created by the merger of the aerospace business of United Technologies Corp after it agreed to merge that business unit with that of US contractor Raytheon Co. The competitive landscape of the aerospace industry would be altered if the deal goes through…

Facebook to launch new video chatting devices in 2019 Autumn

The chat devices fits snugly into Facebook’s focus towards private messaging by encryption of conversations on more of its messaging services. In the autumn of 2019, Facebook Inc plans to release new versions of its Portal video chatting devices, said Andrew Bosworth, Facebook’s vice president of AR/VR, in an interview at the Code Conference in…

Staff Of Some Tech Firms Asked No To Engage With Counterparts From Huawei: Reuters

In the wake of the recent blacklisting of the Chinese tech company Huawei Technologies Co Ltd by the United States, employees of some of the biggest tech companies of the world have been asked by their respective companies not to discuss anything about technology and technical standards employees from Huawei, claimed a report published by…

Thomas Cook In Negotiations With Chinese Firm For Divesting Of Its Tour Operator Unit

The global travel company Thomas Cook that is undergoing a restructuring program because of financial issues that it faces currently is in negotiations with the Chinese conglomerate Fosun International with the divesting its tour operator business as the company looks to offload some of its business to generate money. After media reports about the negotiations…

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FCA partners with silicon valley startup Aurora for creating autonomous platforms

Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…