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World news
Novavax to Commence Pivotal Phase 3 Trial of its COVID-19 Vaccine
December 29, 2020 12:28 PM AEDT| By Kunal SawhneyLate-stage biotechnology player developing next-generation vaccines Novavax Inc (Nasdaq: NVAX) revealed that it would start its late-stage clinical trial. The trial will evaluate the efficacy, safety, as well as immunogenicity of .....
How can technology help tackle the burgeoning mental health crisis?
December 28, 2020 12:16 AM AEDT| By Team Kalkine MediaThe year 2020 has been a difficult one for people across the world. With the pandemic spewing hellfire globally and stringent lockdowns in place, many people started facing mental health issues. Being locked away at home, people were under stress .....
Is the UK finding hard to revive from the hard blow of COVID-19’s new variant?
December 27, 2020 12:50 AM AEDT| By Kunal SawhneyThe concern around a metamorphosed and high-speed moving variant of coronavirus in the UK has triggered a worldwide travel turmoil of late and has prompted several countries to impose to-and-fro travel restriction for the UK flights. Casting or mode...
Apple autonomous car to be a reality by 2024?
December 26, 2020 12:04 AM AEDT| By Team Kalkine MediaTechnology giant Apple Inc is thinking of adding its own lustre to an already illustrious electric vehicle market. If reports are to be believed, Apple is planning to launch a passenger vehicle in 2024. The tech behemoth has set its eyes on building...
Alibaba’s Shares Drop as Chinese Regulators Launch Investigation into Its Market Practices
December 24, 2020 09:45 PM AEDT| By Kunal SawhneyChina’s market regulator State Administration for Market Regulation (SAMR) said that they have rolled out an antitrust investigation into the e-commerce giant Alibaba Group Holding Ltd for its trade practice. Reports said that Alibaba has bee.....
Anheuser-Busch InBev SA/NV enters a strategic partnership with Apollo-Led Consortium
December 24, 2020 07:19 PM AEDT| By Hina ChowdharyLeading global alternative investment manager with assets under management of approximately $433 billion Apollo Global Management Inc (NYSE: APO) and a group of institutional investors have made a strategic decision to acquire a 49.9 per cent stake.....
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Why did China start investigating into Alibaba on monopolistic behaviour?
December 24, 2020 05:52 PM AEDT| By Hina ChowdharyChinese regulators have launched an antitrust investigation into Alibaba Group and will meet Ant Group, the tech giant affiliate, in the upcoming period. Alibaba Group is the largest e-commerce player across the globe by total sales volume. .....
Google Partners with Aramco to Tap Saudi Cloud Market
December 24, 2020 01:43 PM AEDT| By Hina ChowdharyGoogle and Saudi Aramco have joined hands to add the Kingdom to the global network of Google Cloud Platform. Under the deal, the technology giant would start selling its cloud computing services to the Saudi market through state-owned oil behemoth Ar...
Did Apple Missed the Fortune by Refusing To Meet Musk When He Wanted To Sell Tesla (NASDAQ: TSLA)?
December 23, 2020 10:41 PM AEDT| By Kunal SawhneyIt was the darkest days for Elon Musk, and he had no options but to sell his company. But he could not as Apple Inc CEO didn’t have the time. Musk, the CEO of California-based electric vehicle and clean energy company Tesla Inc (NASDAQ: TSLA).....
SoftBank Group floats blank check company for special acquisition
December 23, 2020 08:47 PM AEDT| By Kunal SawhneySoftBank Group Corporation has recently filed an application to float a blank check company with which it is expecting to raise an amount equivalent to $525 million. The fundraising via the blank check company may rise to $603 million if the underw.....
Trump calls the ‘Covid stimulus package’ a disgrace, threatens not to sign it
December 23, 2020 05:45 PM AEDT| By Team Kalkine MediaThe US President Donald Trump rejected the $900 billion coronavirus support package which was approved by a majority by leaders of both chambers of Congress. The aid includes desperately needed funds for the US citizens, but Trump wants the size of.....
Apple on the road? Tech giant eyes car production by 2024
December 23, 2020 01:43 PM AEDT| By Edita Ivancevicby anonymous Apple employees, as Apple refused to comment on future arrangements. Tech behemoth Apple Inc. is now planning to sink its teeth into car production. The firm aims to dabble in self-driving car technology and develop a passenger veh....
US Congress Brings in Tighter Rules for Approving Jetliner Designs
December 22, 2020 07:22 PM AEDT| By Kunal SawhneyThe US Congress, in its year-end federal omnibus spending bill has incorporated significantly tighter rules for accepting jetliner designs after two fatal Boeing 737 MAX jet crashes in 2018 and 2019. The bill is expected to transform the way the Fe.....
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The Pfizer-Biontech Vaccine Gets EU Regulator’s Approval
December 22, 2020 06:04 PM AEDT| By Team Kalkine MediaThe coronavirus vaccine developed by Pfizer-BioNTech, which has already received regulatory authorisation for emergency use in at least 15 countries, including in Britain, Canada, and the United States, has been given conditional approval by the Eu.....
Is Coronavirus Mutation Slower than Seasonal Influenza?
December 22, 2020 05:06 PM AEDT| By Kunal SawhneyUK officials have observed a new mutation of the coronavirus that is spreading rapidly and highlight that it is highly transmissible. Several countries across the globe are imposing lockdown and travel restriction to avoid the spread of the new, co.....
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Allergic Reactions to Pfizer’s COVID-19 Vaccine Under FDA Scanner
December 22, 2020 02:48 PM AEDT| By Hina ChowdharyThe US Food and Drug Administration (FDA) has initiated an investigation into the allergic reactions caused by Pfizer-BioNTech COVID-19 vaccination. The probe comes after people in various US states reported allergic reactions to the vaccine. Im.....
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China Shudders as Aussie Coal Boycott Causes Power Shortage
December 22, 2020 02:19 PM AEDT| By Team Kalkine MediaPower outages, which were thought to be a thing of the past, have recently made a comeback, becoming the new normal in China. The residents of the Hunan and Zhejiang provinces have criticised the issue highly, with the Chinese social media platform.....
After UK, New COVID-19 Strain Found in Australia, the Netherlands, and Denmark
December 22, 2020 12:54 PM AEDT| By Kunal SawhneyJust as the world celebrated the launch of new COVID-19 vaccines, a new virus mutation detected which is highly contagious. The new strain initially detected in parts of the UK, was also found in a few other nations. With the emergence of th.....
Lockheed Martin (NYSE: LMT) snaps a $4.4-Bn deal for Aerojet Rocketdyne
December 21, 2020 07:34 PM AEDT| By Kunal SawhneyIn a move to beef up its technological advancement in aerospace, US-based defence technology company Lockheed Martin Corporation (NYSE: LMT) is going to acquire Aerojet Rocketdyne Holdings, Inc. in an all-cash deal estimated at around $4.4 billion......
Amazon asks CDC for early COVID-19 vaccination of its essential workers
December 21, 2020 06:04 PM AEDT| By Edita Ivancevicroposal gets accepted, all workers should receive their jabs in Phase 2a. Amazon is trying to persuade the Centre for Disease Control and Prevention (CDC) to give all Amazon essential workers early access to the coronavirus vaccine. In a letter...
AI on the Rise: A Look at Top AI Companies and Their Stocks