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Chinese artificial intelligence company

Chinese AI Company Files $1.4 billion Lawsuit Against Apple

In a statement, Apple said that its Siri does not contain features included in the Xiao-i patent, which the iPhone maker argues relates to games and instant messaging.
Microsoft want to buy TikTok

Microsoft in Talks to Acquire Chinese App TikTok

"A deal could be completed by Monday, according to people familiar with the matter, and the talks involve representatives from Microsoft, Bytedance, and the White House. Talks are fluid, and a deal may not come together," The Wall Street Journal reported.
Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.

FSD Pharma Announces to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.

FSD Pharma has instigated the process of liquidating all FV Pharma assets, including the sale of the Company’s cannabis production facility in Cobourg, Ontario.
Google Unveils Model Card Toolkit

Google Unveils Model Card Toolkit

Google released a model card toolkit, a set of toolset designed to facilitate AI model transparency reporting for developers, regulators, and downstream users.
Google Extends Work From Home Policy Till Summer 2021

Google Extends Work From Home Policy Till Summer 2021

Google CEO Sundar Pichai wrote, “To give employees the ability to plan ahead, we are extending our global voluntary work from home option through June 30, 2021, for roles that don’t need to be in the office.”
Gurugram Court Summoned Jack Ma on Ex-employee Complaint

Alibaba Group: Gurugram Court Summoned Jack Ma on Ex-employee Complaint

In more than 200 pages of court filings former employee Parmar included clippings of some posts showcased on the UC News app that he alleged were false.
EDF-Jinko Power Company

EDF-Jinko Power Company wins Major Solar Project Deal in UAE

EDF said the Abu Dhabi solar photovoltaic plant would have a capacity of 2 GW, which would make it the largest single-project solar plant in the world, generating the equivalent electricity to power more than 160,000 households each year.
Verizon, IBM Collaborate on 5G IoT Solutions

Verizon, IBM Collaborate on 5G IoT Solutions

Both companies aim to combine 5G with edge computing to create a “cognitive automation” Artificial Intelligence framework. The platform will recognize natural language and allow autonomous decision making in various scenarios.
Microsoft Eyeing to Slash 1000 Jobs

Microsoft Eyeing to Slash 1000 Jobs

A report from Business Insider had stated that Microsoft is slashing around 1,000 jobs across its businesses this week.
IQVIA Appoints Executive Vice President and CFO

IQVIA Appoints Executive Vice President and CFO

“I am excited to continue serving the company as we navigate through the COVID-19 situation, execute the strategy that we first envisioned at the time of the merger, and drive towards the achievement of our Vision 22 goals,” said Mr. Bruehlman.
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Brazil Will Authorize Payments System for WhatsApp If Certain Norms Followed

“We view the entry of ‘big tech’ as a huge opportunity. Everyone can participate. We will allow it, no problem. People can take whatever path they want, (do) whatever initiatives they want,” as long as rules are met, he confirmed during a live online event hosted by the Genial Investimentos.
Flipkart Acquire Walmart

Flipkart Acquire Walmart, Launches Walmart Wholesale

“Today marks the next big step as Walmart India’s pioneering cash-and-carry legacy meets Flipkart’s culture of innovation in the launch of Flipkart Wholesale. By leveraging each other’s strengths and unique expertise, this combined team will break new ground in their shared mission to help Indian businesses grow and succeed. We look forward to a bright future for Flipkart Wholesale,” said Judith McKenna, President, and CEO of Walmart International.
B’town Couple Launch Plant-based Meat Venture

B’town Couple Launch Plant-based Meat Venture

“We want to Imagine Meats to be the choice for anybody seeking the taste of meat, without the guilt of environmental and public health impacts – just as it will be for our own family,” said Genelia Deshmukh, founder of Imagine Meats.
Uber to Acquire Routematch in Latest Transit SaaS Push

Uber to Acquire Routematch in Latest Transit SaaS Push

Uber has made the official announcement that it has acquired Routematch, an Atlanta based company that provides software to transit agencies as the ride-hailing company looks to offer more SaaS-related services to cities. However, Uber did not disclose the amount and other terms of the deal. As a part of the deal, Routematch will integrate…
Zoom Unveils New Home Communication Device For Remote Workers

Zoom Unveils New Home Communication Device For Remote Workers

Zoom video communications on Wednesday have announced the launch of a 27-inch touch screen display aimed at remote workers. Priced at $599, the ‘Zoom for Home’ was touted as a combination of hardware and software designed for working remotely. The device comes pre-installed with the Zoom video app and will ship in August. The tablet…
TeamViewer Acquires AR Company

TeamViewer Acquires AR Company, Ubimax

TeamViewer, a leading global provider of secure remote connectivity solutions, announced on Tuesday, that it has signed a definitive agreement to acquire Ubimax, the leader in Wearable Computing and Augmented Reality (AR) solutions. With this acquisition, TeamViewer will significantly expand its AR and Internet of Things (IoT) offering industry-specific solutions for enterprise customers. These products…
Nokia Announces 5G Software Upgrade

Nokia Announces 5G Software Upgrade

Finnish vendor Nokia has recently announced the launch of a software-based upgrade that will unlock 4G LTE radio stations into 5G technology. This upgrade will provide immediate support without any additional equipment or replacement from the company. The company expects that the software will help in its battle against networks like Huawei and Ericsson –for…

Qualcomm to Boost Jio 5G plans in India

On Sunday, Reliance Industries Ltd. announced an investment from US 5G giant, Qualcomm. It will buy a 0.15% stake in Jio Platforms for $97.1 million (7.3 billion in ₹). The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for Indian customers”,…

Google to invest $10 billion in India, says CEO Sundar Pichai

Google announces India Digitization Fund will invest in areas such as Internet access, new products and services, SMB development, and leveraging AI for social good. Google said on Monday, that it plans to invest $10 billion in India as the search giant looks to help accelerate the adoption of digital services in the key overseas…

Microsoft Acquires Orions Systems to Enhance AI in Dynamic 365

Microsoft is looking to alliance the video and image content analysis technology with Orions Systems in addition to its own Dynamics 365 Connected Store app and Power Platform services. The software market leader, Microsoft, on Tuesday, had announced the acquisition of Orions Systems for an undisclosed sum. The buyout will allow Microsoft to aim, boosting…

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Startup Of The Week – Corefactors

Corefactors has seen struggles in maintaining leads for a business, tracking the team’s progress, and accessing reports in a conventional excel sheet. While all of this led to the inefficiency of the business functioning, it also added the difficulty of juggling between various platforms. Intending to shove away the roadblocks in the way of business sales, marketing, and communication, Corefactors understood the gap. That’s how Teleduce emerged into the business as an “ Integrated CRM to empower marketing, sales, and support teams with inbuilt cloud telephony.”