Unicorn India Ventures invests in AI driven Insuretech startup Fedo
Mumbai-based early stage VC Fund house Unicorn India Ventures has announced its 5th investment from INR 400 crore Fund II in Fedo,…
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STL to acquire Optical Interconnect Company Optotec S.p.A
The transaction is structured to acquire 100% of Optotec’s shareholding on closing at an enterprise value (EV) of €29Mn (29…
Indian data centre market to touch $5bn by 2025: Crisil
As digital adoption grows amid the pandemic across the spectrum, the data centre industry in India is likely to touch $1.2 billion…
UK watchdog fines Marriott 18.4mn pounds over data breach
The UK’s Information Commissioner’s Office (ICO) has fined Marriott International 18.4 million pounds (nearly $23.8 million) over…
UK Covid tracing app fails to tell people at risk to quarantine
The Covid-19 contact tracing app in the UK, based on the Google-Apple technology and downloaded by at least 19 million people,…
Adobe hires new chief security officer for post-Flash era
Adobe has hired Mark Adams, former Blizzard Entertainment chief security officer (CSO), as its new security head while the…
Over 60% Indian firms to leverage Cloud as a platform: IDC
More than 60 per cent of the Indian organisations plan to leverage cloud platforms for digital innovation, as the firms…
Microsoft, Eros Now deliver internet to remote parts in India
Microsoft on Tuesday announced that it has successfully delivered the internet, in partnership with Eros Now as a pilot project,…
Amazon could start new service for rural deliveries in US: Report
Amazon could start a new delivery business to serve rural communities in the US, thereby reducing dependence on the US Postal…
New age Robots will be an inevitable part of Industry 4.0: IEEE
With the post-pandemic scenario dawning upon us, IEEE curated a roundtable to discuss how these cutting-edge technologies are…