An Imperial College London study released on Monday indicated that high numbers of T-cells from common cold coronaviruses have the ability to protect against Covid-19, which could inspire the development of techniques for the development of second-generation vaccines. While there… Read More ›
Month: January 2022
Volkswagen to unveil long awaited ID.Buzz on March 9
In a statement Volkswagen said, it will unveil a production version of its long-awaited ID.Buzz on March 9. The ID.Buzz is an electric reincarnation of its beloved Microbus which VW plans to launch in the US in late 2023. The EV… Read More ›
US FAA lists 50 airports where 5G will be deployed with buffer zone
In a statement the Federal Aviation Administration (FAA) listed 50 U.S. airports which will feature buffer zones wherein wireless carriers can turn on new 5G C-band services from January 19, 2022. On Monday, Verizon Communications, and AT&T agreed to create buffer… Read More ›
EU planning law requiring ISPs and social media companies to combat child sex abuses
In the months to come, the European Union plans to introduce legislation which will require technology companies to comply with laws aimed at tackling child sexual abuse, said a top EU official. In an interview to Germany’s Welt am Sonntag… Read More ›
Reliance industries purchases controlling stake in five star Mandarin Oriental New York hotel for $98.15M
India’s Reliance Industries Ltd has agreed to purchase a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent for $98 million. In a stock exchange filing on Saturday, Reliance… Read More ›
Shimao Group Holdings places all real estate projects on sale to raise cash
In a report Caixin said, China’s Shimao Group Holdings has put on sale all of its real estate projects, including residential and commercial properties. The development marks the Chinese property developer accelerating asset disposals following cash shortages. Shimao, which defaulted… Read More ›
Blackstone to invest $3 billion in Invenergy Renewables Holdings LLC
In a statement Blackstone Inc said, it would invest around $3 billion in the largest private renewable energy company in North America. The deal marks Blackstone, the world’s largest manager of alternative assets boosting its sustainability credentials in Invenergy Renewables Holdings… Read More ›
Reddit Inc taps Morgan Stanley and Goldman Sachs Group for upcoming IPO
According to a source familiar with the matter at hand, Reddit Inc has tapped Morgan Stanley and Goldman Sachs Group for its initial public offering. In December, Reddit had confidentially filed for an IPO aiming for a valuation of over $15 billion…. Read More ›
John Pinette, head of communications at Meta Platforms, leaving company
Late on Friday, in a statement Meta Platforms Inc said, its head of communications John Pinette is leaving the company. Chris Norton, vice president of international communications, will cover the role on an interim basis, said the company. “John Pinette has… Read More ›
USTR expresses strong US support for Lithuania following economic coercion by Beijing
In a statement U.S. Trade Representative Katherine Tai expressed strong U.S. support for Lithuania in the face of “economic coercion” from Beijing during a call with EU Executive Vice President Valdis Dombrovskis. The development assumes significance since this is the… Read More ›