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France's Atos plans to acquire IT firm Syntel for $3.4 Billion

France's Atos plans to acquire IT firm Syntel for $3.4 Billion

Ronak Bora Date: July 23, 2018
EuropeanIT servicescorporation, Atos has reportedly agreed to acquire U.S. based IT giant Syntel for $3.4 billion that would eventually give the French computer-services company access to some of the ....
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Cisco directs $100 million to UK's Artificial Intelligence tech domain

Cisco directs $100 million to UK's Artificial Intelligence tech domain

Rahul Sankrityayan Date: July 22, 2018
Cisco, the renowned multinational telecommunication giant recently announced its intention of investing about a $100 million in digital innovation in the UK, with focus on self-driving vehicles, data ....
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GIG to invest EUR 270 million in Sweden's 235 MW onshore wind farm

GIG to invest EUR 270 million in Sweden's 235 MW onshore wind farm

Rahul Varpe Date: July 22, 2018
The Green Investment Group (GIG), a UK-based specialist targeting investments in green infrastructure projects, has apparently decided to pour in a capital of EUR 270 million in a Swedish wind far, If....
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Internet giant Facebook powers Oregon data center with solar energy

Internet giant Facebook powers Oregon data center with solar energy

Ronak Bora Date: July 21, 2018
Facebook and Pacific Power, the renowned U.S. based electric power company have recently issued a joint statement announcing their solar project construction plans in Utah and Prineville. The companie....
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Tencent to expand its ‘WeChat Pay' payment footprint in the U.S.

Tencent to expand its ‘WeChat Pay' payment footprint in the U.S.

Rahul Sankrityayan Date: July 21, 2018
Tencent, the renowned Chinese Internet value added service provider, recently announced its plans of expanding the company's WeChat Pay payment service in the United States. The declaration insinuates....
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Intuit makes a move to public cloud, sells its largest data center

Intuit makes a move to public cloud, sells its largest data center

Ronak Bora Date: July 20, 2018
Intuit, abusiness and financial software company has reportedly announced its plan to sell the largest data center in its possession. The decision comes on the heels of the company's effort to bring t....
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MIT offloads semiconductor unit, shifts focus on customized automation

MIT offloads semiconductor unit, shifts focus on customized automation

Rahul Varpe Date: July 20, 2018
Manufacturing Integration Technology (MIT) is planning to sell its semiconductor business for approximately S$84.5 million. The decision comes on the heels on the firm's decision to focus its efforts ....
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MediaTek introduces Helio A22 SoC for mid-market smartphones

MediaTek introduces Helio A22 SoC for mid-market smartphones

Rahul Sankrityayan Date: July 19, 2018
MediaTek, the Taiwan-based semiconductor company, recently released a new Helio A22 SoC (System on Chip) intended to be used in mid-market smartphones. The chip, a part of the Helio A series, builds o....
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WGL Energy Services signs Clean Energy Partnership with SEIA

WGL Energy Services signs Clean Energy Partnership with SEIA

Ronak Bora Date: July 19, 2018
The Solar Energy Industries Association (SEIA) has reportedly announced a partnership with WGL Energy Services in order to promote the use of green electricity and reduce greenhouse gas emissions. As ....
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GE and KP Energy ink renewable energy project deal in India

GE and KP Energy ink renewable energy project deal in India

Rahul Varpe Date: July 18, 2018
KP Energy, India's clean energy developer recently announced that it has signed an agreement with the Indian arm of U.S. based industrial conglomerate General Electric. The agreement aims to set up a ....
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Intel announces partnership with Tower Semiconductor to offer foundry services

Intel announces partnership with Tower Semiconductor to offer foundry services

Saudi-based ACWA Power secures $123M to develop solar project in Egypt

Saudi-based ACWA Power secures $123M to develop solar project in Egypt

Apple discloses plans to expand local component production in India

Apple discloses plans to expand local component production in India

Snapchat expands further into generative AI with AI tool 'Dreams’

Snapchat expands further into generative AI with AI tool 'Dreams’

Rochester Electronics announces partnership with SkyHigh Memory Ltd.

Rochester Electronics announces partnership with SkyHigh Memory Ltd.

U.S. announces significant interest in $52B funding for semiconductor chips

U.S. announces significant interest in $52B funding for semiconductor chips

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