Amazon.com Inc. will reportedly launch the first two prototype satellites for a proposed internet-from-space network in early 2023 utilizing a new rocket from the Boeing-Lockheed partnership with ....
U.S. FDA targets Eli Lilly factory again citing quality control issues
U.S. Food and Drug Administration (FDA) has reportedly found new quality-control problems at an Eli Lilly & Co. unit in Branchburg, New Jersey, that is already under fire for manufacturing lapses ....
Unicorn startup Licious launches plant-based meat under brand ‘Uncrave’
Licious, an online meat vendor, has reportedly entered the plant-based meat market with a new brand named Uncrave. According to co-Founder Abhay Hanjura, Licious will offer Uncrave to its core meat-e....
Pink diamond worth USD 21 Mn, sells for USD 50 Mn at Hong Kong auction
Originally estimated to be worth USD 21 million, the 11.15-carat Williamson Pink Star diamond was reportedly sold off for a whopping USD 49.9 million at a recently held auction at Hong Kongs Sothebys,....
Quess Corp divests stake in subsidiary Simpliance for USD 14.6 Mn
The provider of HR compliance services Quess Corp Limited is expected to divest its entire stake in Simpliance Technologies Private Limited, a provider of digital risk and compliance services, to Apar....
Happiest Minds greenlights funding of USD 170 Mn via security issuance
IT consultancy and services company Happiest Minds Technologies Limited has reportedly received a nod of approval from its board to raise a sum of USD 170 million through security issuances. The whopp....
Amazon to launch separate section for affordable shopping options
Amazon.com Inc. has reportedly announced that it is introducing Amazon Access, a new center where customers can learn more about the deals, programs, and services that the online retailer provides for....
Xiaomi claims over 84% in seized funds were royalty paid to Qualcomm
Chinese consumer electronics manufacturer Xiaomi Corporation has reportedly revealed that 84% of the funds seized by the Enforcement Directorate (ED) were a part of royalty payments to Qualcomm Inc. ....
SoftBank to lay off 150 employees worldwide, including Vision Fund unit
SoftBank Group Corporation of Japan is reportedly laying off 150 employees worldwide at both its Vision Fund division and SoftBank Group International, as CEO Masayoshi Son cuts back after suffering a....
Private sector in US to direct USD 8 billion in funds to tackle hunger
United States President Joe Biden has reportedly announced that the countrys private sector would direct a sum of USD 8 billion in order to fight the hunger crisis across the country. The pledge was ....
EU outlines new rules to facilitate suing drone makers & AI systems
The European Union (EU) has reportedly drafted a new set of rules that will aid companies and individuals to sue products with artificial intelligence (AI) systems like drone makers, robots, etc. in t....
BioNTech & Pfizer look for FDA approval on new booster shot for kids
Pfizer Inc. and its German partner BioNTech SE have reportedly submitted an application, seeking approval for an Omicron-tailored COVID-19 vaccination booster for children aged 5 to 11 years, from the....
