Gilead Sciences Inc to ramp up production of experimental COVID-19 treatment with international partners

In a statement Gilead Sciences Inc, the maker of the closely-watched experimental coronavirus drug remdesivir stated, it will continue to work with international partners to expand the production of its potential COVID-19 treatment. Gilead said, it expects to have more than one million remdesivir treatment courses manufactured by December, “with plans to be able to…

Nokia’s wins multi-year contract from Bharti Airtel, lays foundation for 5G connectivity

On Tuesday, Nokia stated it has won a multi-year contract with Bharti Airtel, India’s third-largest telecom, to provide equipment and services. Nokia’s deal will essentially lay the foundation for providing 5G connectivity in the future for India, will see Nokia install and deploy nearly 300,000 radio network units across 9 circles in India. “This is…

U.S. engineering & design firm Silk EV enters MOU with China’s FAW to produce Hongqi branded sports cars

On Monday, Silk EV, a little-known U.S.-based engineering and design firm disclosed it plans on investing $1.41 billion (10 billion yuan) in order to make sports cars with China’s FAW Group under the Hongqi brand, the brand of choice for China’s late revolutionary leader Chairman Mao Zedong. Silk EV has signed a memorandum of understanding…

UK to start trials to test effectiveness of convalescent plasma treatment on coronavirus patients

Britain is set to start trials to see whether plasma from coronavirus survivors could help in the recovery of those who have been severely affected with the COVID-19 disease. According to a statement on Saturday from British health department, up to 5,000 severely ill patients with COVID-19 could soon be treated each week with plasma…

FCC issues showcause notices to 3 state-controlled Chinese telecom firms

In a statement, the Federal Communications Commission (FCC) stated, it is mulling options which include the shutting down the U.S. operations of three state-controlled Chinese telecommunications companies, due to potential national security risks. To this end, the FCC has issued show cause orders to China Unicom Americas, China Telecom Americas, and Pacific Networks Corp along…

Dimer UCV Innovations’s GermFalcon can sterilize airplane cabin of coronavirus within 3 minutes

Although U.S. President Donald Trump’s suggestion that inserting ultraviolet light into coronavirus patients was widely laughed off, Dimer UCV Innovations, a California company thinks it’s a perfect solution for decontaminating airplanes. Dimer UCV Innovations had created a UV-C-emitting cleaning machine for the airline industry way back in 2014. Its only now with the coronavirus pandemic…

ZecOps discovers working remote exploit against fully patched Apple iOS devices

A computer bug, discovered by San Francisco-based ZecOps, a mobile security forensics company while it was investigating a sophisticated cyberattack against a client that took place in late 2019, has left 500M iphone and iPad users vulnerable to cyberattacks. Zuk Avraham, ZecOps’ CEO said, he found evidence that the vulnerability has been exploited in at…

Hackers selling Chinese customer data related to banking & insurance sector: China’s banking and insurance regulator

On Wednesday, China’s banking and insurance regulator stated, it had detected sales of customer data from the insurance and banking sector by overseas criminals. It did not elaborate or specify how many individuals had been affected. During a briefing, Huang Hong, the vice chairman of the China Banking and Insurance Regulatory Commission said, the data…

Nissan to strategically downsize, shutdowns global HQ and R&D center upto May 10

On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…

China’s financial leasing arm cancels orders for 29 Boeing 737 MAX jets

On Monday, adding to its string of recent cancellations, China Development Bank (CDB) Financial Leasing Co stated, it has agreed with Boeing, to cancel the purchase of 29 undelivered 737 MAX jets. The 737 MAX has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia. “In light of evolving…