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GrubMarket acquires IOT Pay to enter financial services sector for the American food supply chain industry

San Francisco – GrubMarket announced it has completed the acquisition of Vancouver, Canada-based IOT Pay, a fintech company that provides omnichannel payment services that allow merchants to accept payments both in-store and online on a global scale. GrubMarket will leverage IOT Pay’s technology and payments infrastructure to address the food supply chain industry’s accelerating need for faster, more flexible, and more robust digital payment and financing opportunities. (more…)

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August 10, 2022

Posted by: Janmesh Chintankar

Iveda awarded $3mn in Taiwan projects

Mesa, United States. 08 August, 2022 – Iveda, a provider of artificial intelligence (AI) video search, Internet of Things (IoT), video surveillance and smart city digital transformation technologies, announces four signed contracts in Taiwan worth approximately [$3 million (€2.94 million)] gross revenues. These projects are in process and are slated to be completed by the end of 2022 calendar year. Iveda Taiwan will manage and see the projects to completion. (more…)

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Posted by: Janmesh Chintankar

Abbott and WeightWatchers partner to support people living with diabetes in attaining their health goals

Abbott Park, United States. 04 August, 2022 – Abbott and WW International, Inc. (“WeightWatchers” or “WW”) announced a strategic partnership that will help people living with diabetes better understand and manage their diabetes and weight. The companies are working together to integrate WeightWatchers’ diabetes-tailored weight management program with Abbott’s portfolio of FreeStyle Libre products to create a mobile experience that will give people living with diabetes the information and insights needed to make healthy adjustments to their diet, improve their glucose levels, and, ultimately, gain more control of their health.  (more…)

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August 8, 2022

Posted by: Janmesh Chintankar

Sibel Health raises $33mn in Series B funding and announces new executive appointments to scale advanced wearable sensors for remote patient monitoring and hospital care

Niles, United States. 04 August, 2022 – Sibel Health, an medical technology company spun out of the John Rogers Research Group and the Querrey Simpson Institute for Bioelectronics at Northwestern University, has recently closed a [$33 million (€32.33 million)] Series B financing round, bringing Sibel’s total funding to date to more than [$50 million (€48.98 million)].

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Posted by: Janmesh Chintankar

Laiye to acquire startup Intelligence Qubic to tackle workforce burnout and time wastage

London, UK & Beijing, China. 4 August 2022 – Laiye, a global provider of Intelligent Automation, is to acquire Intelligence Qubic, which is described as an “evolutionary automatic machine learning (AutoML) company”. Terms of the deal have not been disclosed. (more…)

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August 5, 2022

Posted by: Shriya Raban

Tech Mahindra inks AI partnership with Soroco to establish large task mining centre of excellence

London, UK. 2 August 2022 – Tech Mahindra, a provider of digital transformation, consulting, and business re-engineering services & solutions, today announced a strategic partnership with Soroco. The partnership will establish a state-of-the-art CoE (Centre of Excellence) to deliver an accelerated transformation programme for business process management, managed services backed by intelligent automation process and task mining. Tech Mahindra’s CoE will be located in New Delhi to support the evolving digital transformation needs of customers right from Discovery to Realisation. (more…)

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August 4, 2022

Posted by: Shriya Raban

Renesas completes acquisition of Reality AI

Tokyo, Japan, 20 July 2022 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced the completion of the acquisition of Reality Analytics, Inc. (Reality AI), a provider of embedded AI solutions, as of July 19, 2022, following Reality AI shareholders’ and required regulatory approval. (more…)

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July 21, 2022

Posted by: Shriya Raban

Ericsson, KMUTT partner to build a 5G-ready workforce across Thailand

Ericsson and King Mongkut University of Technology Thonburi (KMUTT) are partnering to support Thai students to build 5G ICT skills for the future. (more…)

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July 19, 2022

Posted by: Shriya Raban

Chairwoman Rosenworcel proposes to increase minimum broadband speeds and set gigabit future goal

Washington, 15 July 2022 – FCC chairwoman Jessica Rosenworcel has circulated to her colleagues a Notice of Inquiry that would kick off the agency’s annual evaluation of the state of broadband across the country. As part of this assessment, chairwoman Rosenworcel proposed increasing the national standard for minimum broadband speeds and proposed setting a long-term goal for broadband speed. (more…)

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Posted by: Shriya Raban

Podcast: DX and AI failures: How NOT to be a casualty

Between now and 2024 about 50% of all finance artificial intelligence (AI) projects are forecast to be delayed or cancelled.There’s no digital transformation (DX) playbook, so listen to the latest Trending Tech Podcast as experts Ash Finnegan of Conga and Perry Krug from Couchbase explain how the number of DX projects worldwide is rising fast yet far too many transformations have failed, been delayed or scaled back. It could be the most valuable 20 minutes you spend this year! JoinJeremy Cowan to learn how the best projects avoid going pear-shaped. And, in What The Tech, hear how one Microsoft retirement has got developers rejoicing!
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July 18, 2022

Posted by: Barto Szkaradek