GE Healthcare and Nex Cubed select 6 startups for Edison Accelerator

Six digital healthcare startups from five countries have reportedly become the first cohort of the Edison Accelerator program in Canada. As per reports, GE Healthcare has developed the program and delivered it in collaboration with Nex C....

NVIDIA & Partners roll out USD to accelerate metaverse & 3D web adoption

NVIDIA, an American multinational technology company, has recently launched an extensive initiative for advancing USD (Universal Scene Description), the open-source and extensible language of 3D worlds, to drive the foundation for the open ....

Reliance invests $3.76 bn to accelerate store expansion & e-commerce

Reliance Industries has recently announced an investment of around $3.76 billion in its retail businesses to add 2,500 stores taking the total number of stores to 15,196 this year. It has also added 11.1 million sq. ft. of warehousing in FY....

CVS eyes Signify Health acquisition; seeks expansion in home-health services

Amidst the ongoing healthcare acquisitions, a leading health corporation- CVS Health Corp has publicized its plans of acquiring Signify Health Inc., in an attempt to expand its portfolio in home-health services. As per credible reports, ....

Toyota records a fall in Quarter 2 profits due to chip shortage

Japanese multinational automobile manufacturer, Toyota, has recently reported an 18% fall in its 2022 Q2 profits compared to the previous year due to the prolonged semiconductor shortage that has crippled the global auto industry. The au....

New VR tech plans to make cancer treatment less traumatic for kids

Researchers at the Children's Hospital at LHSC (London Health Sciences Centre) and Lawson Health Research Institute are reportedly deploying VR (virtual reality) in an effort to reduce anxiety and fear in pediatric patients during painf....

nomoo, Nestle Professional unite to produce new line of plant-based products

The plant-based concept in the United States, nomoo has recently made it to the news for its strategic alliance with Nestle Professional to develop an exclusive line of plant-based products. The partnership’s first offering- a non-....

Alibaba teams up with Xpeng for driverless car software center

E-commerce giant, Alibaba has reportedly joined forces with electric vehicle (EV) startup Xpeng to open a computing center for training software for driverless cars. Apparently, in order to train the algorithm for autonomous driving syst....

India forms task force on monkeypox after reporting its first death

The central government of India has reportedly constituted a task force on the monkeypox situation after the country reported its first death a day earlier. The task force will be responsible for monitoring and offering guidance on exten....

Tesla pens long-term deals with two Chinese battery material suppliers

Electric vehicle giant Tesla Inc. has reportedly inked new long-term deals with CNGR Advanced Material Co. and Zhejiang Huayou Cobalt Co, two of its current battery materials suppliers in China. As per credible sources, the Chinese compa....