On Friday, in a significant development, the Japanese government said it aims to eliminate gasoline-powered vehicles in the country in the next 15 years so as to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050. The “green growth strategy,” sees an increased adoption of hydrogen in…
On Tuesday, South Korean investment bank Mirae Asset Daewoo Co Ltd stated, it has won a U.S. lawsuit against China’s Anbang Insurance Group. The development comes in the wake of Mirae Asset affiliates scrapping a $5.8 billion deal to buy 15 U.S. hotels from Anbang, which then had filed a lawsuit against the South Korean…
According to sources familiar with the knowledge at hand, from 2021 Samsung Electronics Co Ltd may discontinue its Galaxy Note line of smartphones. The development comes in the wake of a sharp drop in demand for high-end smartphones because of the coronavirus-induced COVID-19 pandemic. Known for its large screen and its stylus for taking notes,…
In a statement, Patrick Vallance, the Chief Scientific Adviser to the British government stated in response to doubts that thave been raised regarding AstraZeneca’s COVID-19 vaccine candidate, the main point about AstraZeneca’s vaccine against COVID-19 was that it worked. “The headline result is the vaccine works and that’s very exciting,” said Vallance during a news…
On Friday, South Korean news agency Yonhap said, North Korean-backed hackers have attempted to break into servers of South Korean companies who are developing coronavirus vaccines. Yonhap cited a parliamentary intelligence committee in its report.
In an interview, Tomer Weingarten, the CEO of SentinelOne said, the startup has raised $267 million from venture capital backers including Sequoia and Tiger Global, and saw its valuation jump to more than $3 billion – nearly three times its valuation in February 2020. The startup uses artificial intelligence technology to protect mobile phones and…
In a statement Brazil’s facial biometrics and digital admission startup Acesso Digital said, Japan’s SoftBank Group Corp and U.S. private equity firm General Atlantic LLC are leading a $107.25 million (580 million reais) funding round. Following the investment, both, General Atlantic and SoftBank, will hold a minority stake in Acesso Digital. Founded in 2007, Acesso…
According to sources familiar with the matter at hand, KKR-backed cybersecurity startup KnowBe4 Inc, is preparing for its U.S. initial public offering (IPO). The startup helps train employees to detect phishing emails. In 2019, KnowBe4 had raised $300 million in a private fundraising round led by buyout firm KKR & Co. It has now engaged…
Engineers have come up with a machine that can bombard shopping carts with ultraviolet rays and sanitize them. As a result, wiping down supermarket trolleys with disinfectant to stem the spread of the Wuhan Coronavirus disease may soon be a thing of the past in Belgium. The device is being tried out in three stores…
On Wednesday, in a statement, the University of Cambridge said, it aims to start clinical trials of its COVID-19 candidate in autumn. The development comes in the wake following funding to the tune of 1.9 million pounds from the British government. The approach adopted by the scientists behind the vaccine uses genetic sequences of all…
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