About Author : Ojaswita Kutepatil

Ojaswita Kutepatil

Ojaswita Kutepatil, a mechanical engineer by qualification, presently develops content for Market Size Forecasters, Algosonline, and other similar platforms. Having had a prior experience in Business Development and Technical Engineering, she now pens down articles pertaining to market research, business trends, and industry news. Crafting, reading, and music are some of her other areas of interest.



Contribution by Ojaswita Kutepatil

Cloud gaming industry to be the next investment hub for the business tycoons globally, Amazon’s involvement dramatically changing the market landscape

Amazon’s participation in cloud gaming industry has undoubtedly led to a dramatical shift in the gaming business space. The retail giant has successfully completed a few years in cloud gaming market, with a strong beginning in 2014- the acquisi...

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U.S. to emerge as a pioneer of smart parking industry, collaborations between automotive and tech giants to transform the market dynamics

Global smart parking market is reportedly going hi-tech to tide over the parking problems for good. Coming up in line is BMWs ConnectedDrive, all set to demonstrate a solution for street parking with Real-Time Traffic Information System (RTTI) and Co...

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Facebook steps up to tackle fraudulent accounts, plans to take action against 30,000 sham accounts in France

Facebook has announced that it intends to put an end to the ever-growing number of fake accounts on the platform, in response to the rising concerns of social media users regarding false accounts. The number of cyberattacks infiltrating the company&r...

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Snapchat observes a colossal drop in its app ratings, company strives for excessive damage control

Snapchat’s carefully built-up reputation seems to be ripping into shreds, thanks to the damaging statements allegedly purported by the company’s CEO, Evan Spiegel. A leading source quoted an ex-Snapchat employee, Anthony Pompliano, statin...

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U.S. car sales continue to plunge for the straight fourth month since the onset of 2017

A significant decline of 4.7% has been reported in the U.S. light-weight vehicle sales for the month of April. The lucrative American market spectates this month’s sales data to fall short of 2016’s record sale of 17.5 million vehicles. T...

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Walmart launches Project Gigaton to reduce GHG emissions, calls upon suppliers to get involved in the mission

Walmart, the multi-billion-dollar retail giant, has recently announced the launch of Project Gigaton, which aims to eliminate more than 11 billion metric tons of greenhouse gases from the company’s supply chain by the year 2030. Recognized wor...

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Alibaba now makes its first fintech investment in Hong Kong city

Qupital, Hong Kong’s first invoice discount exchange is all set to take financial technology into a new high, following Alibaba Group’s announcement of their first fintech investment in Hong Kong city. With Alibaba Entrepreneurs Fund and ...

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Henry Ford Health System and Wayne State University discuss partnership to amalgamate their physician groups

Wayne State University, one of the many premier American research universities, along with its affiliates, has apparently decided to join hands with Henry Ford Health System, the popular Detroit-based integrated, comprehensive health care organizatio...

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American petroleum behemoth Exxon Mobil has raised voice against the NY Attorney General’s allegations in the emissions investigation

Exxon Mobil, one of the global leaders in oil and gas market had recently undergone an emission investigation by the New York attorney general, Mr. Eric T. Schneiderman, in which he had reportedly made ‘false, reckless, and inflammatory’ ...

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Schneider Electric and GSK have signed a strategic partnership to address the issue of increasing carbon footprints

Schneider Electric, one the leading energy management information system industry giants, has recently entered into a strategic partnership with the renowned pharmaceutical market player, GSK. As per the deal, the former will provide useful informati...

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DuPont to purchase Granular Inc. in a bid to upgrade its agricultural spinoff with the Dow Chemical Company

Chemical magnate DuPont has been lately strengthening its agriculture business by engaging in strategic acquisitions with agricultural technology companies, one of its latest acquisitions being, the takeover of San Francisco-based Granular,Inc. The ...

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Aldi’s partnership with Instacart enables its entry into the grocery delivery game

Aldi Inc., one of the most reputed supermarket chains in Germany, is reportedly planning to join forces with Instacart, with an aim to offer groceries in three U.S. cities. Aldi’s alliance with Instacart is expected to pave the way for the form...

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Walmart to overshadow Amazon’s flying warehouses, with its patent covering ‘gas-filled’ aircrafts

In a move resembling the one made by Amazon in April 2016, Walmart Inc., - the world’s largest retailer has also applied for a U.S. patent for flying warehouses. The advent of the drone technology in the global online retail industry has creat...

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Ethris and AstraZeneca to collaborate on the development of mRNA therapies for respiratory diseases

AstraZeneca, a prominent leader in global pharmaceutical market, has recently announced a five-year strategic research collaboration with the German biotech start-up, Ethris. Ethris is a key player specializing in mRNA-based therapeutics, and boasts ...

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LG Electronics to connect its home appliances with Amazon’s Echo smart speaker

In a bid to develop its voice-activated artificial intelligence platform, LG Electronics is expanding its connections further with the online retail industry giant, Amazon. The Korean electronics manufacturer, LG, has unveiled its plan to connect its...

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SM Prime Holdings to launch more solar-powered malls in a bid to expand its green initiatives

SM Prime Holdings, a retail giant committed to maximizing the energy efficiency and reducing greenhouse emissions in malls, has recently completed the installation of new solar panels in three of its major malls, namely the SM City Cabanatuan, SM Cit...

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Audi and China’s Hanergy to sign MOU to put solar cells on car roofs

Hanergy Thin Film Power Group’s wholly-owned U.S. subsidiary, Alta Devices, has recently signed a Memorandum of Understandings (MOU) with Audi AD on a strategic co-operation for harnessing thin film solar cell technology. The co-operation betwe...

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Juniper Networks purchases cybersecurity startup Cyphort to boost its security portfolio

By continuing to underline its focus on the cybersecurity market, Juniper Networks, Inc., a reputed networking technology company has struck an agreement to purchase Cyphort. This acquisition of a start-up cybersecurity firm by Juniper is expected to...

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United Technologies Corp. to buy Rockwell Collins Inc., takeover likely to be ranked among the largest in the aerospace industry

Aerospace supplier United Technologies Corp. has recently reached a definitive agreement to acquire the aviation systems and cabin equipment maker Rockwell Collins Inc., for over USD 23 billion – marking one of the largest potential deals in th...

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Eli Lilly set to compete with rivals Pfizer and Novartis on breast cancer drug

The results of the recent breast cancer drug trial of the leading pharmaceutical company Eli Lilly is set to challenge its competitors, as it adds its new medicine abemaciclib to the standard cancer therapy. The FDA has recently granted Eli Lilly&rsq...

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UK renewable energy costs depict massive turnaround, offshore wind prices now cheaper than nuclear power

The UK offshore wind power industry has recently highlighted the dramatic fall in the cost of offshore wind. Surprisingly, the costs have plummeted sufficiently low and have deemed offshore wind power to now be cheaper than the electricity from new n...

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Volkswagen to spend USD 23 billion to offer electric options for all its models by 2023

Volkswagen AG is once again making it to the headlines, however, this time it’s not because of its emissions-cheating scandal, but an attempt to scramble out from its own shadow of fraud. The world’s largest automaker has been indicating ...

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Fosun agrees to purchase India’s Gland Pharma for USD 1.1 billion

China’s Fosun Group has reportedly settled for a revised offer to acquire 74% of the Indian company Gland Pharma Ltd., for a substantial valuation of USD 1.1 billion. This deal which was on hold for more than a year, had been widely speculated ...

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Google to purchase a chunk of HTC’s smartphone unit for approximately USD 1.1 billion

Alphabet’s acclaimed tech giant Google plans to make another big buyout in smartphone hardware by confirming its plans to acquire a part of HTC’s mobile division team. The business deal would be inclusive of HTC’s employees who have...

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ACT government plans to move to 100% zero emissions fleet

In what may seem to be Australia’s most ambitious plan to transit to electric vehicles, the ACT government has recently announced its decision to double up on its commitment to achieve 100% renewable energy by 2020. The ACT government has revea...

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T&G sells Kerikeri kiwifruit assets to Seeka worth USD 40 million

Turners & Growers (T&G), a New Zealand based leading marketer, exporter, and distributor of premium fresh produce, has recently announced that it has sold its Kerikeri-based kiwifruit orchards, assets, and packhouse to Seeka Limited in a...

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QCA accuses Ergon Retail of overcharging regional businesses

In what can be touted as a significant move in the breach of state energy laws, Ergon Retail has been reportedly accused of overcharging more than 1100 regional businesses. Sources cite that regional businesses have been overcharged around USD 760,00...

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Nokia expand its IoT business, acquires start-up SpaceTime Insight

Telecom giant Nokia has recently announced that it will be acquiring SpaceTime Insight, a California-based start-up that will help the company expand its Internet of Things portfolio and analytics capabilities. According to sources, SpaceTime is com...

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Takeda to buy London-listed drugmaker Shire for over GBP 45 billion

Japan’s pharmaceutical industry major Takeda in its recent announcement has unveiled that it will be acquiring its London-listed larger rival, Shire Plc for more than GBP 45 billion (USD 62 billion). Reportedly, the 46% cash & 54% stock pur...

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Nevsun to refuse Lundin & Euro Sun’s bid for its zinc & copper assets

Mining industry major Nevsun Resources Ltd., in its recent public announcement has revealed that it will be rejecting the takeover proposal of over USD 1.5 billion from the Canadian miner Lundin Mining Corp., & Euro Sun Mining. The company howeve...

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eBay partners with Flybuys, provide Aussies a chance to earn points

Retail major eBay has recently announced its partnership with one of the most renowned loyalty programs, Flybuys to let shoppers link their accounts to the program and collect points for online purchases. Reportedly, the savvy consumers can earn &...

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NFX aims to start New Zealand’s online wool trading platform

A recent scoop that made it to the headlines in the retail industry is that of the launch of a new online platform for buying & selling wool. Reportedly, the global trading platform for New Zealand wool and other natural fibers, that aims to work...

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Global healthcare major Lilly to acquire ARMO BioSciences for $1.6b

Renowned drugmaker Eli Lilly & Co., has recently announced a definitive agreement to acquire cancer immunotherapy biotech firm Armo BioSciences for USD 1.6 billion. Reportedly, the all-cash transaction deal is expected to enhance Lilly’s dr...

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Oncimmune makes EarlyCDT-Liver Test commercially available in the U.S.

Leading early cancer diagnostics company, Oncimmune Holdings PLC, has recently announced that it has launched a liver cancer biopsy platform which is based on its exclusive EarlyCDT liquid biopsy platform technology. Reportedly, the company has compl...

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Instacart under pressure as Kroger-Ocado gains momentum in the U.S.

Instacart, a renowned U.S. grocery delivery company has allegedly suffered a setback because of the recent announcement of a strategic alliance between supermarket giant Kroger & the British online grocery service Ocado Group. Reportedly, the col...

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California jury hits J&J with a multimillion dollar lawsuit

A California jury has ordered a $25.7 million verdict againstJohnson & Johnson in a lawsuit filed by a woman who sued the company for not warning the consumer and being negligent about the possible health risksfrom its talc-based baby powder. App...

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Smiths Group plans £6 bn healthcare merger with ICU Medical

British engineering business firm Smiths Group has reportedly opened talks with the U.S.-based ICU Medical Inc., over a potential GBP 6 billion deal to merge their medical device businesses. According to sources, the engineering giant has apparently ...

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Amazon to spin up a secretive lab focused on cancer research

Following its entry into the healthcare realm, the e-commerce behemoth Amazon has been recently found leading a secretive research group called Grand Challenge. The group, led by the creator of Google Glass is reportedly working on medical records, c...

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Roche showcases new solutions for automated molecular testing

The Swiss multinational Roche in its recent announcement has unveiled that it will be featuring its new test options to automate molecular testing. The company reportedly will also be offering presentations on important microbiology topics encompassi...

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Toyota to place a billion-dollar bet on ride-hailing giant Grab

The Japanese automotive industry giant Toyota is reportedly pumping USD 1 billion dollars into Southeast Asia’s largest ride-hailing company Grab. The investment, regarded as the largest of its kind by an automotive manufacturer in the ride-hai...

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Pfizer to cease operation at two plants in Maharashtra & Tamil Nadu

In what may seem to be a response against failing product demand, the U.S. drug manufacturer Pfizer announced that it will be closing its two manufacturing plants in India. The plants, reportedly, manufactured generic injectable such as the penicilli...

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Amazon holds invitation-only meetings with sellers at CES 2019

Amazon is reportedly conducting private meeting with its marketplace sellers at CES 2019 to promote a new premium support service that costs between $30,000 to $60,000 a year. As per trusted sources, the meetings were organized by the e-commerce gia...

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BlinQ to introduce luxury e-commerce in the South-East Asian market

Bob Chua, a leading entrepreneur, has recently announced the launch of his latest venture BlinQ, aimed at Asia’s growing luxury fashion e-commerce platform. Apparently, following an IPO (Initial Public Offering) on the LSE (London Stock Exchang...

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Giant Food Stores to roll out robot Marty across its US grocery stores

Giant Food Stores has recently announced that it would be introducing Marty, a robot, to its 172 stores across the U.S. Apparently, the main purpose of Marty is to autonomously roam around the store and point out hazards for store staff to clean up. ...

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Sears chairman wins bankruptcy auction saving retailer from downfall

Sears Holdings announced that the hedge fund owned by Eddie Lampert, its Chairman and largest investor, has reportedly won the bid to acquire Sears and Kmart, the company which owns its chain of department stores.  Eddie Lampert’s ESL inv...

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NHS aims to roll out app therapy for children with mild depression

The National Health Service reportedly aims to help children with mild depression through apps on their smartphones, post the recommendation of such devices by their treatment advisers. This service will be able to help children as young as five to s...

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Levi Strauss plans share market comeback after more than 3 decades

In a recent turn of events, renowned Jeans manufacturer Levi Strauss & Co has reportedly filed documents for getting listed on the New York Stock Exchange, on the lookout for returning to public markets after over three decades. Reportedly, Levi...

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