The global energy sector is not able to achieve its targets for tackling of climate change because of the shortage of women employed in energy companies, according to the warnings of a leading industry watcher. The notion that the energy industry is not very open to new ideas especially the ones that could lead to…
There was an outcry by the Congressional officials in the United States after there was a report in January in The Verge that claimed that U.S. support to the International Space Station (ISS) was being planned to be stopped by the Trump administration by 2025. And according to a new report published in The Washington…
The projects it plans on funding will focus on building 5G solutions, smart manufacturing platforms and cloud computing services. On Monday, Foxconn, the world’s largest contract manufacturer of electronics, stated it plans on using the proceeds of one of its subsidiaries, which got listed in Shanghai, to fund 8 projects totaling to $4 billion (27.3…
There have been questions raised over the rules and regulations for import of meat into the U.K. from the U.S. following some new data that has revealed that about five-fold more antibiotic medicines is used in the U.S. in comparison to the U.K. in livestock that are raised for food there. With respect to the…
Fraedom, a company that offers the technology of Software-as-a-Service and provides solutions for payments and transaction management for clients including financial institutions and other corporate customers would be acquired by Visa. The latter made announcement recently. Visa IntelliLink Spend Management which is a core platform that caters to the needs of Visa’s commercial and small-business…
Although Chinese military drones look suspiciously similar to U.S. and Israeli ones, drone makers are confident that customers will continue to prefer a reliable strike platform rather than a cheap unreliable ones. A predicted rise in demand for military drones from regions in Asia, the military drone market is gradually leaning towards Chinese drone makers…
Ant’s pre-IPO fundraiser, dependent on investor feedback, is aimed at gaining size as it looks to expand in its home base as well as abroad. As per sources familiar with the move, Ant Financial Services Group, a Chinese online payment firm, is planning on raising up to $5 billion in fresh equity. The move could…
The move marks the latest effort by companies in Japan to fight Amazon.com from gaining a foothold in the island nation. On Friday, Japanese business daily NHK reported, SoftBank Group Corp, Yahoo Japan Corp and Aeon Co Ltd plan on launching an online retail business. The online retail business will sells all kinds of products…
The development is a follow through on Amazon’s $13 billion acquisition of Whole Foods in 2017. On Thursday, Amazon.com Inc stated it would start delivering Whole Foods groceries to Prime Now members in select U.S. cities; the service will soon expand to the rest of the country as well. In a statement, the world’s largest…
McNeill’s ability to nurture and bring a startup to scale will be beneficial for Lyft as it continues to grow and expand in the coming years. Lyft disclosed it has hired Jon McNeill, a former president of global sales and service at Tesla, as its chief operating officer and noted McNeill’s ability and experience of…
