EU opens investigation for Nvidia’s purchase of chip designer Arm

In recent reports, the European Union regulators have announced conducting an in-depth investigation for graphics chip maker Nvidia. The investigation will focus on Nvidia’s $40 billion purchase of chip designer Arm over the growing r....

AI-based platform Instoried secures $8Mn in latest funding round

Instoried, an AI-powdered augmented writing platform that aims at driving content engagement, has secured $8 million in a recent funding round led by 9Unicorns and Pritt Investment Partners, along with participants like Venture Catalysts An....

Walmart’s recalled aromatherapy spray tests positive for deadly bacteria

According to U.S. Consumer Product Safety Commission (CPSC), an aromatherapy spray sold at Walmart has been tested positive for a hazardous bacteria that is connected to numerous illnesses and two deaths. Walmart has recalled the Better Ho....

Novartis lung cancer drug fails to meet endpoints in Phase III trial

Renowned pharmaceutical company, Novartis has recently disclosed that its lung cancer drug ‘canakinumab’ has failed again in meeting its goal of improving overall survival rates in lung cancer patients and preventing progression....

Saudi Arabia aims for net-zero carbon emissions by the year 2060

Global oil producer, Saudi Arabia has recently stated that it intends to reach zero greenhouse gas emission levels by 2060, thereby joining the bandwagon with other 100 countries towards limiting the impact of climate change. Although the ....

Coca-Cola launches 100% plant-based plastic prototype bottle

Coca-Cola Company, the multinational beverage corporation, has successfully made a bottle made from 100% plant-based plastic (bPET) which it says will be made using technology that is ready to be commercially scaled. This recent developmen....

Abbott unites with Real Madrid to aid child welfare worldwide

Abbott’s partnership with Real Madrid will cater to children’s education, social welfare, sports activities in around 80 countries It will also provide health and nutritional assistance to Academy teams and product developme....

Construction sector accountable for 37% of carbon emissions, UN report

A new research by the United Nations shows a grim picture of the climate situation. The report states that 37% of energy-related carbon dioxide emissions are coming from the construction sector. According to the UN, lockdowns imposed world....

Alaska Airlines launches new investment arm to develop mobility tech

Alaska Airlines, a major American airline, has introduced a new venture capital subdivision called Alaska Star Ventures. The launch comes at a time when the aviation sector is looking to develop technologies that help decarbonize air travel....

TotalEnergies commences its UK Offshore Wind Hub in Scotland

French oil and gas major, TotalEnergies SE has inaugurated its UK Offshore Wind Hub in Scotland which will be part of the company's existing offshore operations center in Aberdeen and allow employees to shift from oil and gas to of....