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Akash Ambani, the eldest son of Indian tycoon Mukesh Ambani, has been named as the chairman of Reliance’s digital empire Jio Platforms in what analysts view as a leadership transition in one of Asia’s wealthiest families. Reliance Industries said in an exchange filing that Mukesh Ambani has

Elon Musk is unabashed about his obsession with manufacturing. Over the years, Tesla has gradually gained recognition in the manufacturing world through improving its production quality. Now two Tesla veterans want to share their smart factory know-how to other automakers through a nascent startup. Industrial Next, founded

NASA’s CAPSTONE mission, which will chart a new orbit around the Moon which will hopefully be used for a future crewed lunar space station, is underway after a successful launch on Tuesday morning. Rocket Lab’s Electron launch vehicle delivered the CAPSTONE satellite, which is roughly the size

Vezeeta, a healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources who posted the news on LinkedIn, including affected employees, revealed that up to 50 people were let

Google today announced a preview of Advanced API Security, a new product headed to Google Cloud that’s designed to detect security threats as they relate to APIs. Built on Apigee, Google’s platform for API management, the company says that customers can request access starting today. Short for

Sara Brand and Kerry Rupp of Austin, Texas-based True Wealth Ventures defy many trends in the venture capital world. The investors, who raised $19.1 million for their first fund in 2018, have just closed on $35 million in new capital for their firm’s second fund. In an

Incredibuild, an Israeli startup that has picked up a lot of traction in the worlds of gaming and software development for a platform that drastically speeds up (and reduces the cost of) the shipment of code and related collateral during building and testing — has raised some

Global plastic waste has more than doubled, and 40 percent of that waste comes from packaging. Luckily there are no shortage of sustainable packaging startups in Europe. Just take a look: Circleback (Germany), Recup (Germany), Sourceful (UK), one • five (Germany), Shellworks (UK), Woola (Estonia), Papkot (France),

Africa-focused venture capital firm TLcom Capital has appointed Eloho Omame as a partner six months after announcing the first close of TIDE Africa Fund II, its $150 million second fund (it expects to reach a second close later this year, according to its partners). appoints TLcom Capital