IBM and Amadeux collaborate on easing air travel as tourism industry rebounds

In a joint statement Amadeus and IBM said, the former will integrate IBM’s digital health pass into its Traveler ID platform. The move will simplify the verification of passengers’ health credentials during the boarding process, said the companies on Thursday. Ever since the pandemic began, the tourism industry, along with the aviation and tech sectors…

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Database software company Couchbase eyes US IPO, valued more than $900M

In a statement database software company Couchbase Inc said, it plans on raising $161 million through an initial public offering, which could see the company valued at more than $900 million. As per its regulatory filing, Couchbase, whose investors include GPI Capital, North Bridge Venture Partners and Accel, plans on selling 7 million shares in…

Cyberattack results in partial outage of Brazilian medical lab Fleury SA

In a regulatory filing, Brazilian medical lab company Fleury SA said, a cyberattack had resulted in the partial outage of its information technology systems. The company is assessing the impact of the cyberattack and is taking actions to minimize its effects. It would inform the market in a timely manner regarding any relevant updates on the…

Discord valued at $10 billion plus, as it explores selling itself

According to a report from VentureBeat, Discord Inc is exploring a sale that could value it at more than $10 billion. San Francisco-based Discord is in final negotiations with one party, said the report. The company does not comment on rumors or speculation, said Discord. The coronavirus-induced pandemic has boosted prospects of gaming companies with…

Israeli cybersecurity startup Axonius raises $100M in latest funding round, valuing it at $1.2 billion

In a statement cybersecurity startup Axonius said, it has raised $100 million through a private funding round which was led by New York-based growth equity firm Stripes; the funding round valued the startup at $1.2 billion. The funding round, which came less than a year after Axonius’ last raise saw the startup’s total funding touch…

Amazon.com Inc orders more than 1000 CNG powered truck engines for U.S. fleet

In a development that underscores Amazon.com Inc’s push towards reducing its carbon footprint, the world’s biggest e-commerce retailer has ordered more than 1,000 truck engines that run on compressed natural gas, marking its latest shift away from heavy polluting trucks. In 2020, as a result of the coronavirus induced pandemic, there has been a surge…

Britain’s IG plans to acquire U.S. trading platform tastytrade for $1 billion

In a statement on Thursday, Britain’s IG said, it plans to acquire tastytrade, a U.S. trading platform, for $1 billion. The development will see IG venturing into North America following a stellar year for the new breed of retail investment brokerages. The Coronavirus induced COVID-19 pandemic which brought lockdown in most countries increased market volatility…