Japan’s GDP could fall by 14% due to slower shift towards EVs: Report

A new report by Climate Group has said that Japan, the second-largest car exporter across the world, would risk 14% fall in the GDP if it does not shift more swiftly towards producing EVs (electric vehicles). The report highlights the st....

BlackBerry collabs with Midis Group to expand Cybersecurity biz growth

BlackBerry Limited, a Canada-based software company focused on cybersecurity, has recently entered into a partnership with Midis Group, a leading technology company offering advanced hardware and software solutions, to expand its market foo....

proteanTecs nabs $45Mn funding from Addition to expand market reach

proteanTecs, a cloud-based platform offering deep data analytics for electronics performance monitoring, has recently closed a $45 million financing round with Addition, an innovative talent management company providing best-in-class market....

China’s Geely Auto to acquire share capital of Renault Korea Motors

Geely Auto, the largest automotive group in China, has signed up a joint venture agreement and a share subscription agreement with Renault Group which comes after the two parties signed a framework agreement in January 2022. According to....

Instagram to begin testing NFTs with select creators in the US

The social media platform will allow test participants and creators to share NFTs through their main Instagram feed, messages, or stories Instagram has reportedly announced that the platform plans on testing NFTs (non-fungible tokens) wi....

COVID-19 restrictions in China to impact global supply chains

COVID-induced lockdowns in China have severely impaired operations at Shanghai ­– the world's largest port – and hindered activities in some major cities, impacting the supply chains of business giants like Apple to Tesl....

Elon Musk gets $7Bn funding in new financing round for buying Twitter

Elon Musk, the CEO of Tesla, has recently raised around $7.1 billion of new financing from some of the largest investors in the world for his proposed takeover of Twitter for $44 billion. Musk was also expected to serve as a temporary CEO o....

Volition unveils first-ever online marketplace for industrial parts

Volition, one of the largest marketplaces for industrial components, has launched its new online marketplace – currently in its beta version – for all of the world's hardware components spanning from motors, and bolts, to ge....

PROVEN Skincare unveils the first-ever tailor-made Eye Cream Duo

PROVEN Skincare, the firm that formulates skincare routine specifically for skin, lifestyle, environment, and skin concerns, has recently announced that it has unveiled the first custom-made Eye Cream Duo. The Duo is developed with ....

Liqid bags funding from DigitalBridge Ventures & Blackwells Capital

Liqid, the leading provider of composable infrastructure software platform, has recently announced that it has received strategic follow-on funding from the venture capital division of DigitalBridge Group Inc. – DigitalBridge Ventures....