Leap Scholar to invest USD 20 million towards Middle East expansion
South Asia’s largest study abroad platform Leap Scholar recently announced its expansion into the Middle East region, with plans to invest USD 20 million over the next year to build a team and serve the end-to-end needs of students and parents in the region. The 2019-founded San Francisco-hea
Verkkokauppa.com takes over e-ville.com’s online store for $6 million
Finish online retailer Verkkokauppa.com Oyj, has reportedly agreed to the acquisition of e-ville.com online store, a China-based online retailer headquartered in Finland. The transaction, expected to close around the beginning of April this year, amounts to around €5.3 million ($6 million), ou
Amazons newly unveiled advertising business beats YouTube’s revenues
Amazon has unveiled its sprawling advertising business on 3rd January, bringing to light a business that is more massive as compared to tech giant Google's YouTube. According to Amazon’s records, fourth-quarter ad revenues were USD 9.7 billion, up by 32% from last year, whereas annual reve
Tesla disables a self-driving feature after discussion with NHTSA
American EV giant Tesla Inc. has reportedly agreed to disable a feature of its proprietary Full Self-Driving system in its vehicles, which allowed them to slowly roll through intersections without fully stopping if there were no cars or pedestrians present. Consequently, the carmaker will be recall
Sony acquires videogame developer Bungie in a $3.6 billion deal
Sony, the renowned Japanese multinational conglomerate, has reportedly announced its acquisition of Bungie, the American videogame developer, in a supposed $3.6 billion deal. Bungie, the creator of two of the biggest gaming franchises in the world; Halo and Destiny, and Sony announced the deal on M
Emerging chip technologies will surpass the human brain, experts say
During keynote speeches at the 29th Korean Conference of Semiconductors, experts have reportedly stated that in the future new semiconductor technologies can advance to a degree where they will be able to imitate the human brain in terms of efficiency, computing speed, and density. During his keyno
Microsoft Corp. exceeds quarterly revenue prediction on cloud strength
Microsoft Corporation has reportedly surpassed analyst projections for second-quarter revenue on the 25th of January, owing to high demand for its cloud-based services from businesses transitioning to hybrid work patterns as a result of the pandemic. While revenue exceeded estimates, the company
S Korea Science Ministry to establish its own version of US DARPA
The government of South Korea is reportedly set to establish its own version of USA’s DARPA (Defense Advanced Research Projects Agency), this year. According to reports, the announcement was made by the nation’s Science and ICT Minister, South Korea, Lim Hye-sook, who specified that the
Alphabet’s Google sued for its location-tracking practices in the U.S.
Washington State, Texas, Indiana, as well as District of Columbia, have reportedly filed a lawsuit against Google alleging that the tech giant tricked customers by gathering their location data even when they thought tracking was disabled. Attorney General Karl Racine's office, Washington, D.C.