Quantum Machines, an Israel-based startup, has reportedly raised $50 million in its Series B funding round. The company seemingly focuses on building the classical software and hardware infrastructure to support the workings of quantum machines. As per reliable sources, Samsung NEXT, Claridge Israe

The world's most powerful internet companies, Google and Apple, are reportedly finding ways to alter their respective profit models so that they fall within the bounds of an unprecedented new law passed by the Government of South Korea to curb the two enterprises’ duopoly in the nation. G

Virgin Orbit, Sir Richard Branson’s aerospace company, has reportedly confirmed that it will go public through a merger deal with a special purpose acquisition company (SPAC). The deal supposedly values the merged business at $3.2 billion, and would give Virgin Orbit $483 million in cash upon

Leading American OTT platform, Netflix, is reportedly scaling up its efforts at maintaining geo restrictions by banning subscribers who adopt a virtual private network (VPN) for accessing the content from other countries. The company is known for keeping separate catalogues for different countries

Meggitt, a UK-based defense and aerospace technology firm, has reportedly announced that it has agreed to a proposed £6.3 billion ($8.8 billion) takeover offer by US-based tech giant, Parker-Hannifin. The deal has supposedly threatened significant job losses at the British engineering firm. A

A new report by Center for Data Innovation, a Washington-based think tank, has reportedly showed that a new law that has been designed to govern artificial intelligence (AI) in Europe might cost the EU economy €31 billion ($36 billion) over the next five years. According to the report, the Art

Zoom, a renowned online meeting and teleconferencing software company, has reportedly announced that it is acquiring Five9, a cloud-based contact center software vendor, in an all-stock deal valuing Five9 at $14.7 billion. The takeover is the first billion-dollar purchase for Zoom, and comes as the

The French competition regulators, reportedly handed Google a fine of €500 million ($593 million) for failing to adhere to an order to reach reasonable agreements with news publishers for the use of their material. According to French news agency AFP, the fine is the highest ever levied by Fra

The American car maker has warned drivers to deploy the Full Self-Driving feature only if they pay constant attention to the road.   Citing certain incidents, federal transportation officials stated that Tesla has done an insufficient job of keeping track of drivers to ensure that they a