Glassdoor buys social networking app Fishbowl to compete with LinkedIn

Glassdoor, a platform where current and former employees anonymously review companies, has recently acquired Fishbowl, which also offers the same feature, as well as options to join interest-based conversation groups to chat about work and ....

ADC Therapeutics’ ZYNLONTA receives Orphan Drug Designation in Europe

Switzerland-based biotechnology company ADC Therapeutics SA announced that the European Commission has granted the Orphan Drug Designation to its antibody-drug conjugate ZYNLONTA, which is composed of a humanized antibody targeting CD-19. ....

Samsung to maintain its lead in Q3 global semiconductor sales: Report

Samsung Electronics is likely to uphold its top position as the world’s largest memory supplier in the third quarter this year, backed up by a strong memory demand. The South Korean multinational tech giant was estimated to record US....

Jungle Ventures raises USD 225 Mn in first close for its fourth fund

Jungle Ventures has announced to have secured USD 225 million during its first close of Fund IV, as the venture capital company aims to bolster its successes across Southeast Asian as well as Indian startups. This fourth fund commenced rais....

Chevron to sell SAF test batch to Delta Air for tracking emissions data

Chevron, an American multinational energy corporation, is reportedly planning to manufacture a sustainable aviation fuel test batch at its El Segundo Refinery. The company seeks to sell the test batch to Delta Air Lines at Los Angeles Inter....

COVID-19 vaccination rates improve in Sydney’s badly affected suburbs

Daily Coronavirus infections in Australia’s Sydney have dropped for a third consecutive day on 7th September yet lingered close to the record levels. The development comes as the outbreak prodded a spike in vaccination rates across th....

IPO-bound Delhivery secures USD 76 million from Lee Fixel’s Addition

The Gurgaon-headquartered logistics firm Delhivery has reportedly secured USD 76 million from Lee Fixel’s firm, called Addition LLC, during a Series l funding round. This development comes after the startup had bagged USD 100 million ....

China NMPA approves clinical trial of Gannex’s ASC42 for liver disease

Biotech company Gannex Pharma Co. Ltd. recently announced that the China National Medical Products Administration (NMPA) accepted its clinical trial application of ASC42 for treating patients with primary biliary cholangitis (PBC), a chroni....

Reddit bans COVID-19 misinformation forum following site-wide protests

Social news aggregation and discussion website Reddit has reportedly banned an active subreddit created for spreading misinformation about COVID-19. The decision comes after several other subreddits demanded that the site administrators act....

Walmart to hire 20,000 supply chain employees before the holiday season

Amidst the surge in unemployment rates during the COVID-19 pandemic, Walmart Inc. is reportedly looking to hire around 20,000 workers at its supply chain facilities and fulfillment centers. The retailer intends to fill some of the most high....

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