The U.S Department of Justice this morning gave its approval for the merger of T-mobile and sprint for their proposed $26 billion mergers. This deal will bring together the nation’s 3rd and 4th largest carriers. The deal has got all…
It’s been pretty much time since google has reported anything about its revenues corresponding to its cloud business. In today’s announcement, Google CEO Sundar Pichai stated that the cloud unit has an $8 billion annual revenue run rate despite the…
Tesla CTO and co-founder JB Straubel have decided to step down from his everyday role as an automaker executive, CEO Elon Musk declared in a conference call with the analysts on Wednesday. The vice president of technology, Drew Baglino, will…
LIV, a Prague-based company founded in 2016 is all set to raise your expectations in the field of VR gaming and bringing players and spectators a bit closer together. Being quite ambitious, LIV has successfully bagged $1 million in funds…
A project to 3D-print giant spacecraft parts in space instead of bringing them up there has made a $73.7 million contract from NASA in order to demonstrate the method in space. Archinaut might launch in 2022, which is a mission…
The U.K. Company, Dataform, initiated by ex-Googlers has taken up $2 million in funding. They require making it easier to manage the data warehouses for their businesses. LocalGlobe is leading the round with participation from various angel investors that are…
According to the U.K. Data Protection Authority, they will be serving Marriott with a fine of $123 million for a data breach which also exposed around 383 million guests. The previous year, Marriott revealed that its Starwood properties got their…
Waymo has declared a new milestone of driving 10 billion miles in simulation which is definitely a crucial achievement since all miles in simulation for its self-driving software are adding up an appropriate training experience. Waymo has probably got the…
Deutsche Bank is planning to cut its worldwide equities sales along with the trading businesses and cut the investment banking business back for improving the profit margins. In the second quarter, the restructuring plan will lead to a total reduction…
The Israel-based VC firm, Maniv Mobility, stated that on Tuesday they have closed a $100 million fund that’s backed by a total of 12 corporations that include Aptiv, Hyundai, Lear Corp, BMW, and others. Officially, the firm considers 2016 as…
