Nokia deploys private 5G network for Volkswagen

Nokia has deployed a private 5G standalone wireless network for Volkswagen at the car maker’s main plant in Wolfsburg, Germany. The private campus network uses the Nokia Digital Automation Cloud (DAC) solution to provide reliable, secure, real-time connectivity and enable Volkswagen to trial new smart factory use cases. The industrial-grade private 5G wireless network covers […]
Toyota selects new 1.29 billion automotive battery plant site in North Carolina

Toyota Motor North America announced today that North Carolina Greensboro-Randolph Megasite has been chosen as the location for Toyota’s new USD 1.29 billion automotive battery manufacturing plant, to be named, Toyota Battery Manufacturing, North Carolina (TBMNC). Toyota claims that when it comes online in 2025, TBMNC will have four production lines, each capable of delivering […]
Stellantis signs MoU with Foxconn for a new family of semiconductor chips

Stellantis and Hon Hai Technology Group, (Foxconn) today announced the signing of a non-binding memorandum of understanding to create a partnership with the intent to design a family of purpose-built semiconductors to support Stellantis and third-party customers. This partnership was announced as part of the Stellantis Software Day 2021 event where the Company unveiled STLA […]
Cargill commits to WHO’s REPLACE initiative to reduce iTFA

Cargill, a US-based food and beverage company, has announced its commitment to remove iTFAs from its entire global edible oils portfolio. This helps both Cargill and its customers comply with the World Health Organization’s (WHO) recommended standard of a maximum two grams of industrially produced trans-fatty acids (iTFA) per 100 grams fats/oils by the end […]
WeLab acquires Bank Jasa Jakarta for its second digital bank in Asia

WeLab, a leading pan-Asian fintech platform, recently announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong. WeLab, headquartered in Hong Kong, have already contributed USD 240 million for this […]
Neosec forms strategic partnership with Kong for enterprise-class API solutions

Neosec, a pioneer in discovering and protecting APIs using behavioral analytics, recently announced that it has formed a strategic partnership with Kong Inc. to integrate its API security platform with Kong Gateway to provide a complete enterprise-class solution for managing and securing APIs and microservices. It is reported that Kong provides the world’s most popular […]
Grubtech raises $13 million in Series A funding

GrubTech, a plug & play, all-in-one operating system for restaurants and cloud kitchens, announced it has successfully raised a $13 Million Series A investment led by ‘Addition’. Other investors in this round include BY Ventures and Hambro Perks Oryx Fund. Founded in 2019 to address the F&B sector’s gap in technology solutions for modern operations, GrubTech’s […]
Cambridge Quantum introduces quantum-enhanced cryptic key generator, Quantum Origin

Cambridge Quantum (CQ), a global leader in quantum software, and a wholly-owned subsidiary of Quantinuum, a leading integrated quantum computing company, is pleased to announce that it is launching Quantum Origin. It is said to be the world’s first commercially available cryptographic key generation platform based on verifiable quantum randomness. It is the first commercial […]
Globalink Investment announces IPO of 10 million units on Nasdaq

Globalink Investment Inc., the New York-based asset management group, recently announced the pricing of its initial public offering of 10,000,000 units at a public offering price of $10.00 per unit, for gross proceeds of USD 100,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by Globalink. Each unit consists of one share […]