Exxon Mobil Acquires Stake In Carcara, Offshore Brazil
Exxon Mobil Acquires Stake In Carcara, Offshore Brazil

Exxon Mobil Acquires Stake In Carcara, Offshore Brazil

U.S. oil major Exxon Mobil has completed the purchase of 50% of the BM-S-8 stake owned by Equinor ASA in offshore Brazil. The offshore block consists of a part of the resources in the Carcara field. It is estimated that the premium... 
$600 Million To Be Invested In Biotechnology Startups By Pfizer

$600 Million To Be Invested In Biotechnology Startups By Pfizer

New York-based pharmaceutical firm Pfizer has disclosed plans of investing approximately $600 million in biotech startups via its venture capital unit, Pfizer Ventures. According to the vice president of Pfizer and Pfizer Ventures... 
Boeing HorizonX Contributes To $5M Funding In UAS Software Startup Kittyhawk

Boeing HorizonX Contributes To $5M Funding In UAS Software Startup Kittyhawk

Boeing, the U.S aircraft giant, recently announced that it is planning to contribute to the $5 million funding for a San Francisco-based Unmanned Aircraft Systems (UAS) Software startup Kittyhawk through its HorizonX Ventures. The... 
Apple Faces Tough Competition From Netflix & Amazon In Video Streaming Services

Apple Faces Tough Competition From Netflix & Amazon In Video Streaming Services

Apple is rapidly shaping up its streaming services providing a strange collection of original content for its users. With the investment for the project going beyond $1 billion for the start, the IT giant certainly seems to be gearing... 
Alphabet Reveals Its Plan To Source LG For Its Pixel 3 XL Display

Alphabet Reveals Its Plan To Source LG For Its Pixel 3 XL Display

The quality control of Google is apparently getting better with time.Google’s Pixel 2 XL is a remarkable device that has become a favorite to a lot of people across the globe. Its Achilles’ heel is one of its most distinguishable... 
Amazon Expanding Its Whole Foods Discount To Prime Members Nationwide

Amazon Expanding Its Whole Foods Discount To Prime Members Nationwide

Last year, Amazon acquired Whole Foods for a sum of $13.7 billion. In April this year, the company announced that it would be offering discounts to its prime customers at Whole Foods. The discounts would include a 10% off the price... 
Alphabet Sued by U.K.’s 4.4 Million iPhone Users for Secretly Using Their Data

Alphabet Sued by U.K.’s 4.4 Million iPhone Users for Secretly Using Their Data

Alphabet has been sued in the high court in U.K. It has been accused of secretly using data of 4.4 million iPhone users. The search company Google was taken to court in July by the iPhone users who have formed a group calling themselves;... 
Facebook Marketplace Now Enables You To Seek For Plumbers, Cleaners

Facebook Marketplace Now Enables You To Seek For Plumbers, Cleaners

Facebook is introducing a new home service segment in its Marketplace feature. The new feature being launched in the U.S enables users to search and enlist the services of house cleaners, plumbers, and other handymen. Two years ago,... 
Security Researchers Warn Of Malware Attack On Consumer Routers

Security Researchers Warn Of Malware Attack On Consumer Routers

Security researchers in the US have issued a warning of the presence a sophisticated malware that has infected over 500,000 consumer routers across the globe. According to Cisco’s Talos cyberintelligence unit, the malware could enable... 
Amazon To Offer Blockchain SaaS Solution In Partnership With Startup

Amazon To Offer Blockchain SaaS Solution In Partnership With Startup

Amazon Web Services, the cloud computing arm of Amazon has announced a new partnership aims to make it easy for customers to fully exploit the benefits of blockchain technology. The online retail giant’s cloud computing unit will... 
Apple Now Ahead Of Tesla And Waymo In Autonomous Car Permits

Apple Now Ahead Of Tesla And Waymo In Autonomous Car Permits

Reports indicate that Apple has been expanding its fleet of autonomous cars and is now leading the tech sector with regards to the number of self-driving cars that are undertaking tests. According to California Department of Motor... 
Xerox’s Transaction Deal With Fujifilm Terminated

Xerox’s Transaction Deal With Fujifilm Terminated

A deal worth $6.1 billion between Fujifilm Holdings and Xerox has been scrapped after the latter reached a settlement with two activist investors, Darwin Deason and Carl Icahn. The settlement will also see Xerox being placed under... 
Apple Booting Apps Which Share Location Data From The App Store

Apple Booting Apps Which Share Location Data From The App Store

Reports indicate that Apple has moved to enforce privacy rules for apps available on the App Store. According to the reports the Cupertino, California-based tech giant has begun a process of removing apps which possess the capacity... 
Fox To Acquire Seven Stations From Sinclair Broadcast Group

Fox To Acquire Seven Stations From Sinclair Broadcast Group

A deal has been reached between 21stCentury Fox and Sinclair Broadcast Group for the former to acquire seven stations belonging to the latter at a price of $910 million. In order to get federal approval for its $3.9 billion bid to... 
Showrooms Launched By Amazon To Showcase Smart Home Products

Showrooms Launched By Amazon To Showcase Smart Home Products

Online retail giant Amazon has announced a partnership with Lennar, a homebuilder, aimed at expanding the smart home business particularly home security services. The partnership will see Amazon launch a chain of showrooms known as...