Venture capital firm Decisive Point announced Wednesday an investment in Asylon, Inc., a manufacturer of infrastructure and software for the deployment and operation of autonomous surveillance and defense systems. Decisive Point is a venture capital firm focused on technology for government, public safety, and defense. The amount of the investment was not disclosed. Philadelphia based […]
Technology
Anghami announced on Wednesday its merger with Vista Media Acquisition to become first Arab technology company to list on the NASDAQ, according to statement from the company, a leading music streaming platform and service in the Middle East and North Africa. Vistas Media Acquisition Company Inc. is a publicly traded special purpose acquisition company led […]
In a report released this week, the “Saudi Arabian Online Food Ordering and Delivery Market” was valued at $511.21 Million in 2020 and is forecast to grow at 10.05 percent CAGR during 2021 – 2026, according to Research and Markets. Even after the challenges of the pandemic, the market showed consistent growth. Going forwards, digitization, […]
Swedish automaker Volvo announced on Tuesday plans to become a fully electric car company by 2030, a company statement reported. According to Volvo, the automaker intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. The company’s transition towards becoming a fully […]
Autodesk, the CAD/CAM software titan, announced Thursday the hiring of Debbie Clifford as chief financial officer and Raji Arasu as chief technology officer. The corporation makes software products and services for the architecture, engineering, construction, manufacturing, media, education, life science and entertainment industry sectors, and has been an industry leader for decades. “We are thrilled […]
Nevada’s governor on Friday unveiled a proposal that would allow technology companies to establish jurisdictions with powers similar to those of county governments, arguing the state needed to be bold to diversify its economy and pushing back against those who have likened the idea to company towns. “This proposal is an exciting, unprecedented concept that […]
It’s been a busy week for NASA, with early Monday morning seeing the docking of the Northrop Grumman Cygnus N-G15 resupply mission spacecraft to the ISS, which includes thousands of pounds of food and science experiments, including a joint HPE/Microsoft collaboration to bring advanced computing power and AI to the station with the Spaceborne Computer-2. […]
As the pandemic raged through the U.S., Microsoft’s business continued chugging ahead and beat Wall Street expectations for the last three months of 2020, powered by ongoing demand for its workplace software and cloud computing services as people worked from home. The company on Tuesday reported fiscal second-quarter profit of $15.5 billion, up 33% from […]
A recent survey reported that more than half (56 percent) of small businesses in the U.S. engaging on social media on at least a weekly basis are projecting revenue growth in 2021, despite continuing COVID-related business limitations, according to B2B services group Visual Objects. “If small businesses want to genuinely connect with consumers in their […]
Australia’s prime minister on Friday urged Facebook to lift its blockade of Australian users and return to the negotiating table with news publishing businesses, warning that other countries would follow his government’s example in making digital giants pay for journalism. Prime Minister Scott Morrison described Facebook’s move Thursday to prevent Australians accessing and sharing news […]