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Latest Industry News


True Fit Raised USD$55 Million to Target Better Business Growth

Published Date: 2018-01-16

As per the latest reports, True Fit has raised about USD$55 mn in type series C funding, which is expected to propel its growth tremendously. True Fit is a Boston based personalization platform that helps customers choose the most appropriate clothing and footwear that can fit perfectly. More about

Ford Commits US$11Bn in Electrification and to Develop 40 EVs by 2022

Published Date: 2018-01-16

The automotive industry is witnessing unprecedented developments with several prominent multinational automakers planning to electrify their vehicles lineup in the coming years, in a bid to phase out internal combustion engines. There have been a spate of investments by some of the biggest players

Facebook to Emphasize More on Personal Posts by Altering Function of News Feeds

Published Date: 2018-01-15

Facebook is planning to alter how its news system functions, making posts from brands, organizations, and media less perceptible. Rather, content that puts up discussions between companions and family who use the site will be stressed upon, clarified CEO Mark Zuckerberg on his Facebook page. Firms

Apple Addresses Security in 11.2.2 iOS Update

Published Date: 2018-01-15

Apple released the iOS 11.2.2 update for iPhone and iPad. The product refresh features security upgrades and recommends for all Apple users. Apple hasn't unveiled precisely what security issues are tended to by iOS 11.2.2, however we can hope to see subtle elements on Apple's security page

Uflex Bags Innovation Award at AIMA Summit, Looks to Expand Ability

Published Date: 2018-01-12

Waterless Internet Flower Packaging from Uflex Limited has been deliberated with the primary prize as a leap forward process advancement in assembling and administrations. The honor introduced by All India Management Association (AIMA) amid the seventh Innovation Practitioners Summit additionally

Unbabel Secures $23Mn funding for its AI-driven Translation Platform

Published Date: 2018-01-12

Artificial intelligence is playing a vital role in the expansion strategies framed by companies of all hues and sizes. Globally, brands need to bridge the gap between translation and the real communication for capturing new regional and local markets, with an aim to consolidate its customer base.

Pfizer to Stop Researching and Working on Alzheimer’s Drugs

Published Date: 2018-01-11

Pfizer, a drug manufacturing firm has reported that it is stopping its research on Alzheimer’s medications. The US-based firm, which is a pharmaceutical monster reported that it would end its neuroscience revelation programs following an audit, and 300 occupations are likely to be stripped off.

Chip Security Fixes Slows PCs not more than 10% - Intel

Published Date: 2018-01-11

Intel Corp is trying hard to settle the concern related with large scale vulnerabilities of chip security that will slow down the computers. The latest test results were released on Wednesday, January 10, 2018, showed that the personal computers won’t be much affected by this and the company has

Kodak expected to show promising growth after new bitcoin mining plans

Published Date: 2018-01-11

The US firm Kodak is planning to collaborate with another London based company called Wenn Media Group to start its initial coin offering (ICO) plans. This initiative is a part of a blockchain-based program. The main aim of this program is to serve as an aid to photographers in order to control

Business in U.K. are Projected to Hike More Prices Ahead

Published Date: 2018-01-10

Businesses in UK are sending out warnings about more hikes in prices in the coming period, according to a new survey conducted by the British Chambers of Commerce. ‘ The ratio of services companies are projecting to increase the prices in the coming three months reached its peak since 2008 last