Lancet Study Says Russia’s Covid Vaccine Showed ‘No Serious Adverse’ Effects And Creates Antibody

No major negative side effects of the use of Russia’s potential coronavirus vaccine was found in early results from trials according to a recent study published in the peer-reviewed medical journal The Lancet revealed on Friday. The Lancet article said that the trial for the vaccine was conducted on 76 healthy volunteers aged 18 to…

Rising Remote Work Trend During Pandemic Pushes Zoom’s Profit Up By 3,300%

With the novel coronavirus pandemic forcing people to work from home necessitating the need for video conferencing to connect staff working from home, there has been growth in demand for Zoom’s services and consequently the company’s revenues jumped by more than 350 per cent year on year in the second quarter with its profits for…

Verizon unit wins multiple bids worth $1.9 billion in 3.5Ghz 5G spectrum auction

In a statement, the Federal Communications Commission (FCC) said, a unit of Verizon Communications Inc has won multiple bids worth around $1.9 billion during the auction of a key spectrum block in the 3.5 GHz band. Totally, 228 bidders won bids worth nearly $4.6 billion for the mid-band spectrum block. The auction of the spectrum…

New Opportunities Eyed By Samsung With Demand For Home Appliances Surging During Pandemic

The novel coronavirus pandemic has stoked demand for home appliances ranging from products to sanitize closets to customizable fridges. This has benefited the South Korean electronics giant Samsung Electronics Co Ltd and the company is now adding warehouses and is making efforts to take more of its popular products to more markets. Products that make…

Dating app Bumble preparing for U.S. IPO, aims for valuation between $6 to $8 billion

According to sources familiar with the matter at hand, Bumble, a dating app, is preparing for an initial public offering (IPO), which could see the company being valued between $6 billion to $8 billion. Bumble’s IPO could come early next year, said a report from Bloomberg citing sources. Sources cautioned that Bumble’s IPO plans have…