Trending

AstraZeneca is reportedly in discussions with Bristol Myers Squibb to merge, potentially forming a pharmaceutical giant valued at nearly $400 billion.

AstraZeneca is reportedly in discussions with Bristol Myers Squibb to merge, potentially forming a pharmaceutical giant valued at nearly $400 billion.

US startup company Antora Energy raised $550 million in a Series C funding round to support its ‘hot blocks’ thermal battery system. The funding round was oversubscribed, with more investors wanting to invest than the company wanted to accept. This reflects the investors’ strong confidence in the company.

The Procter & Gamble Company announced the appointment of Shailesh Jejurikar as its new chairman of the board of directors, effective August 1, 2026. He will take on his new position in addition to his previous role as President and Chief Executive Officer (CEO).

The Trump administration plans to ban some new Chinese-made robots and power inverters from being imported into the United States. Power inverters are useful devices that help convert electricity from solar panels, batteries, and other renewable energy systems into usable power for the grid or data centres.

The US Department of Energy has announced a new funding opportunity for small businesses through its SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs.

IBM decided to acquire HRL Laboratories, a US research-based company that is currently owned by Boeing and General Motors (GM). However, HRL hasn’t revealed the amount of the acquisition paid by IBM.

The United States AI chip startup called Etched raised $300 million in a Series C funding round. The company manufacture special computer chips for AI, as AI is becoming more powerful and the company needs faster and better chips. This new funding will help Etched build these advanced AI chips demanded by companies. During the funding, the biggest investor was Sequoia Capital, a company that invests money in private technology companies to offer financial support and strategic guidance to startups from the early idea stage.

Target Corporation announced the election of Joe DePinto to its board of directors, effective Aug. 1. The appointment comes as Target seeks to regain ⁠momentum after several years of sluggish sales growth, which saw ​shoppers gravitate toward lower-priced rivals and pull back on discretionary purchases.

Apple is planning to launch a new way to buy products called Apple Upgrade. Instead of paying the full price or taking a normal loan, customers will be able to lease Apple devices through Klarna. A company that offers payment plans to help its customers pay in instalments.