COVID-19 Delta variant to affect recovery of U.S. restaurants: Report

The COVID-19 Delta variant spread daunts the recovery of U.S. restaurants, as per a report of the National Restaurant Association. About one in five adults that were surveyed online from August 13-15 mentioned that they stopped going to res....

Boston’s Whoop valued at USD 3.6 billion after investment by Softbank

Fitness tracker startup Whoop has raised USD 200 million in a new funding round led by Japan-based SoftBank’s Vision Fund 2, valuing the company at USD 3.6 billion. With the fresh capital, the valuation of the wearables company has tr....

New Zealand reports its first casualty linked to Pfizer COVID-19 jab

An independent board stated that the cause of the woman’s death is myocarditis. The country reported 53 new cases on August 30. New Zealand has recently recorded its first death linked to the Pfizer COVID-19 jab. This informati....

IT giant Infosys set to open new digital development center in Canada

Infosys Limited has recently announced that it will set up a new digital development center at its Canadian office in Mississauga. The company intends to create over 500 jobs in the city in the upcoming years. The IT giant had committed th....

Identity management firm ForgeRock files to go public as sales surge

Enterprise identity and data protection technology firm ForgeRock has recently applied for an initial public offering (IPO) to catch up with the market. Increasing cyberattacks on all sizes of organizations have added to the importance of s....

Six U.S. states turn down proposed USD 26 billion opioid settlement

Amid the U.S. opioid crisis, about six states did not completely agree to the proposed USD 26 billion settlement with Johnson & Johnson (J&J) and three drug distributors, which have been charged for driving the nation’s opioid....

IPO-bound Paytm allies with HDFC to empower newly digitized businesses

Two of the greatest players in the Indian payments sector, HDFC Bank and Paytm have entered into a strategic partnership to share their networks and jointly offer payment solutions like point-of-sale machines, payment gateways, and credit p....

Israel claims COVID-19 booster shots helps in reducing infection risks

The Health Ministry of Israel has claimed in its latest report that a booster shot of the COVID-19 vaccine can significantly lower infection rates among the masses. The data also revealed that the third shot of the Pfizer vaccine is quite e....

Nvidia forecasts upbeat sales, although USD 40 Bn Arm deal could delay

U.S.-based tech giant, Nvidia Corp. recently revealed that discussions with regulators to finalize the USD 40 billion proposed acquisition of semiconductor company Arm Ltd. are taking longer than previously estimated. The revelation came a....

Danggeun Market reaches unicorn status with USD 162 Million funding

South Korea-based online thrift marketplace Danggeun Market has reportedly raised USD 162 million in a Series D round led by DST Global, pulling the company’s valuation to USD 2.7 billion. The round also saw contributions from existi....

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