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NASA has reportedly announced the successful launch of a small helicopter called Ingenuity on Mars. It has been reported that Ingenuity was airborne for less than a minute. However, the American Space Agency is celebrating this first powered and controlled flight taken up by an aircraft to another world. The successful launch was reportedly confirmed through a satellite at Mars that transferred the helicopter’s data back to Earth. For the record, the rotorcraft was carried to the Red Plant inside NASA’s Perseverance Rover that landed in Jezero Crater in February.
Singapore’s sovereign wealth fund GIC and Hong Kong-listed logistics real estate group ESR Cayman have reportedly signed an agreement deal to purchase a property portfolio in Australia for A$3.8 billion. According to the credible reports, the funds for the deal are being managed by Blackstone. Sources have confirmed that after the clearance of merger approval in China and South Korea, the 20% ESR Cayman and 80% GIC owned entity, named Bidco will enter into unit sale agreements with Blackstone funds for acquiring the property portfolio.
France-based multinational insurance firm AXA S.A. has reportedly partnered with American tech giant Microsoft Corporation to develop an international digital healthcare platform. According to reliable sources, the new platform will include a self-assessment tool as well as home care services such as medicine delivery, teleconsultations, and a medical concierge. This digital healthcare solution will also comprise a document vault to maintain records and a list of medical professionals. It is worth noting that AXA S.A. specializes in offer
Grab, the leading company in the Southeast Asian ride-hailing sphere, has acquired a 4% stake, reportedly valued at over IDR 4 trillion (approximately S$366 million), in the Indonesia-based tech and media company, Elang Mahkota Teknologi (Emtek), in a private placement sale of shares. This move may be indicative of the potential merger of the two firms’ digital payment arms, DANA and OVO. On the 5th of April, Emtek had announced an IDR 9.3 trillion private placement. South Korean company, Naver Corporation, and H Holdings Inc, an investment company, bought E
Multinational retail company Walmart has reportedly unveiled plans to convert majority of its hourly job roles in the U.S. to full-time positions by the end of financial year 2021. This move reportedly comes as part of the company’s efforts towards promoting job stability and retention of employees. Outlining the plan, Drew Holler, senior vice president, People Operations at Walmart stated that two-thirds of the company’s hourly jobs will eventually become full-time with consistent weekly schedules.   The top executive fu
Large trial in the UK aimed at finding the possibility of mixing Covid vaccines with various types of jabs that are used for the first and second doses is reportedly being expanded. It is being speculated that combining vaccines can provide broad and long-lasting immunity against the virus and its new variants. It is also expected to offer higher flexibility for vaccine rollout. Adults aged above 50 who had their first dosage of AstraZeneca or Pfizer vaccine can participate in the Com-Cov study voluntarily. Their second dosage could either be the same again or a shot of Nova
Google-backed fusion energy development firm, TAE Technologies has reportedly raised USD 280 million from existing and new investors during its latest funding round. Although the company’s latest valuation is currently unknown, it was previously worth USD 2.6 billion in May 2019. According to reliable sources, TAE Technology intends to use fresh investments to expand its power management solutions, which is predominately utilized for speedy and efficient charging of electric vehicles as well as electronic grid applications. Moreover
Prosus NV, a leading Holland-based tech investor, has reportedly sold 2% stake in Chinese technology giant, Tencent Holdings Ltd., for approximately $14.7 billion. The deal was announced by the Chinese social media and gaming firm on Thursday, making it the biggest block trade in the world to date. According to reports, Tencent, through a filing in the Hong Kong Stock Exchange, stated that Prosus has sold approximately 191.89 million company shares for more than $14.67 billion, diluting down its existing stake in the company to 28.9%. Pro
Jeff Bezos, founder and CEO of the e-commerce giant Amazon has reportedly stated that he supports raising taxes on the US companies. The statement apparently comes as President Joe Biden is emphasizing on raising the corporate rate from 21% to 28%. The rise is expected to support the massive investment plan to upgrade the country’s roads, water pipes, ports and internet. Bezos stated that Amazon supports the president’s focus on infrastructure development and urged both Democrats and Republicans to work together to reach an ag