Friday, October, 30, 2020 01:10:35

Contribution By Pankaj Singh


VMware to acquire Bitnami to provide a boost to its cloud strategy

Bitnami founders approved the proposed acquisition after discovering that the company would have to raise more venture capital in order to keep growing. Acquiring Bitnami provides a significant boost to VMware’s ongoing multi-cloud strategy pursuit. VMware, Inc., (VMware), a renowned publicly traded software virtualization firm, …

Amazon India alters business structure to bring back big sellers

One of the biggest sellers on Amazon India has reportedly made a comeback after the e-commerce giant altered its business structures in accordance with the new federal e-commerce curbs that were enacted recently. As per sources, India’s modified FDI rules that became effective from February …

Pinduoduo plans to raise USD 1.5 billion to outcompete rival Alibaba

Pinduoduo plans to fuel its expensive & ambitious expansion plans by raising substantial capital The emerging e-commerce firm aims to raise USD 1.5 billion from Wall Street Pinduoduo’s shares plunged by over 6% after the declaration Chinese start-up Pinduoduo, a promising rival of e-commerce mammoth …

Rush Enterprises, Tallman Group enter truck dealership JV in Canada

Rush Enterprises, Inc., operator of North America’s largest network commercial vehicle dealerships, has confirmed that one of its subsidiaries has entered into a joint venture (JV) agreement with the biggest International Truck dealer in Canada, Tallman Group. The subsidiary of Rush Enterprises and Tallman Group …

Blue Origin to use New Glenn rocket to launch Telesat satellites

Telesat is said to have picked New Glenn for its massive payload that can help in reducing satellite launching cost. Blue Origin, the Jeff Bezos owned aerospace manufacturing company, has reportedly been selected by Canada’s Telesat to launch its internet satellites into space. New Glenn, …

GE plans to sell almost half of its healthcare arm to reduce debt

 Along with its other planned spinoffs, GE Healthcare might provide at least USD 50 billion.  The announcement was made by Larry Culp, the Chief Executive Officer of GE. The US-based multinational conglomerate General Electric (GE) is reportedly planning to sell almost half of its healthcare …

Apple accuses Facebook of invading user privacy & breaching agreement

Apple apparently has revoked Facebook’s access to its Enterprise Developer Program Facebook seems to have become embroiled in another privacy practices conflict when recently the tech giant, Apple, accused the social media platform of surreptitiously distributing a data-collection app to its consumers and breaking rules …