Europe’s healthtech companies are now worth $41 billion, up from $8 billion reported back in 2015, as the continent bolsters its position as the #2 in global healthcare expenditures, following the United States, a recent study by Dealroom, Inkep Capital, MTIP found. This spike in valuation can be attributed to the focus in telemedicine, operation […]
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The software testing market share is expected to surpass $60 billion by 2026, according to a comprehensive research report published by Global Market Insights, Inc. This is mainly due to the emergence of automated testing services, which are gaining traction to decrease the lifecycle of software development, escalating software testing market share in the ensuing […]
Shares skidded in Asia on Wednesday after Wall Street closed lower for a second straight day, led by drops in technology companies and banks. Worsening coronavirus outbreaks in Asia have cast a shadow over prospects for a rebound from the pandemic. Tokyo’s Nikkei 225 fell more than 2% and other benchmarks also declined. On Tuesday, […]
H.S. Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September. So far, he’s pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the practical limitations of driving his Nexon XZ+. […]
In a stinging rebuke to pharma giant AstraZeneca Wednesday, the European Union announced plans to negotiate a massive contract extension for Pfizer-BioNTech’s COVID-19 vaccine insisting the 27-nation bloc had to go with companies that had shown their value in the pandemic. “We need to focus on technologies that have proven their worth,” said EU Commission […]
As global vaccination regimes and stimulus programs begin to hit beleaguered populations, the worldwide economy licks its wounds and readies up for acceleration, following the profound halt caused by the pandemic. According to the International Monetary Fund (IMF), both factors mentioned will push growth to a record high this year in a powerful rebound from […]
The Biden administration has added seven Chinese supercomputer research labs and manufacturers to a U.S. export blacklist in a spreading conflict with Beijing over technology and security. The measure announced Thursday is the latest sign President Joe Biden is sticking to the tough line taken by his predecessor, Donald Trump, toward Chinese tech industries seen […]
Over the course of the past year, health has been nudged into the limelight due to the rampant spread of the COVID-19 pandemic, as it commanded the global news cycle on a daily basis. But while the worldwide economy suffered, the ripple affect caused by the screeching halt of in-contact interactions, many looked at this […]
It will come to no one’s surprise that the pandemic has drastically changed the landscape and dynamic of the global workforce, forcing companies worldwide to either adapt or fall victim to the swiftness of the new working norm. Businesses scrambled to adjust, especially when making the switch to remote work arrangements; this, not only showed […]
U.S. technology employment continued to expand in March, contributing to the strongest month for hiring the country has experienced since last August, according to an analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce. Tech sector companies added 9,700 jobs in March, a combination of technical and non-technical positions, data […]