U.S.-based cyber security startup Cybereason raises $200 million from SoftBank

Cyberreason’s strength lies in its core offering – Endpoint Protection Platform. On Tuesday, Antivirus startup Cybereason disclosed, it has raised $200 million in investment from Japan’s SoftBank Group Corp. Founded in 2012, so far the Boston-based company has managed to raise $400 million in funding rounds. Previously it raised capital from Spark Capital, CRV, and…

US Computer Related Companies To Face The Brunt Of US Trade War With China

The trade war between the United States and China is hitting the heart of the American computer industry. Following the decision of the US administration to blacklist Chinese tech giant Huawei in May, business has not been good for American chipmakers. The new proposed China tariffs by US president Donald Trump is set to hurt…

Huawei to release Hongmeng OS for mobiles phones by end of 2019

Huawei’s Hongmeng will face challenges from Google’s Android operating system. Huawei’s first quarter sales rose on domestic demand. The overseas market for its smartphones has tanked. On Monday, as per a report from China’s state media Global Times, Huawei Technologies Co Ltd is set to release its own mobile operating system, Hongmeng, by the end…

Didi Chuxing launches autonomous self-driving unit

The autonomous driving unit will function as an independent company. On Monday, China’s ride hailing firm Didi Chuxing stated it has launched an autonomous driving unit as an independent company. The business will focus its resources on research and development activities as well as deepen its collaboration with automakers. Zhang Bo, Didi’s chief technology officer…

Rivalry In Streaming Service Likely To Get Reflected In Quarterly Reports Of Disney, CBS And Viacom

The increasing rivalry in the video streaming industry is likely to be highlighted in the quarterly earnings reports that are to be filed by Walt Disney Co, CBS and Viacom next week. Analysts also expect some volatility in post the earnings reports in the so-called communication services sector that has performed much better than the…

Rivals Can Now Compete Google’s Chorme For Default Search Engine In Androind Devices In Europe

Google’s rivals would be allowed by its parent company Alphabet to compete for the position of being chosen at the default search engines on new Android devices in Europe but against the payment of a price for the measure. For this purpose, Google would auction spots on a “choice screen” which will allow users to…

Beyond’s Rival Impossible Foods Gets FDA Approval, To Start Selling Plant Meat In September In US

Following the approval of a key colour ingredient in its plant-based burger by the United States Food and Drug Administration, those products would be brought into the market and grocery stores in September, said Impossible foods on Wednesday, the closest competitor of Beyond Meat’. Impossible’s use of soy leghemoglobin — or heme — has been…

Clean Energy Transition Possible By Switching Just 10% Of Fossil Fuel Subsidy, Says Report

A recent research report published by the International Institute for Sustainable Development (IISD) found that there can be a revolution in clean energy production if government and other organizations just switch some of the huge subsidies that are given to support fossil fuel projects. The report said that such a situation will lead to significant…

Pearson Plc’s discloses massive data breach for U.S. students

13,000 schools and university accounts have been exposed by the breach. On Thursday, Pearson Plc, a British education company stated, it has notified customers of a massive data breach which resulted in unauthorized access to about 13,000 school and university accounts, mostly confined to the United States. The data breach exposed the first names, last…