About Author : Shikha Sinha

Shikha Sinha

Shikha currently manages the content team at BuinessNewsUpdate. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market research, and business development domains. Her other interests include sketching, reading, and singing.

Contribution by Shikha Sinha

Coke to buy out sports drink company Body Armor for USD 5.6 billion

Coca-Cola is reportedly gearing up to acquire the sports drink company BodyArmor through a deal worth USD 5.6 billion. The transaction is likely to be finalized in the coming weeks and will allow the world’s largest beverage company to expand i...

IKEA purchase former Topshop Oxford Circus flagship store for USD 520 Mn

Leading furniture brand IKEA has announced the purchase of Topshop's flagship central store in London for £378 million (USD 520 million) after the fall of Sir Philip Green’s retail empire. The Swedish company will alter various floor...

Burger King parent falls short of revenue estimations over staff crunch

Restaurant Brands International Inc., the parent company of Burger King and Tim Hortons, has reportedly failed to meet quarterly revenue estimates as its popular fast-food chains struggle with staff shortages and work from home trends. Shares of the...

Facebook to go on a hiring spree in Europe for its “metaverse” drive

Facebook has recently announced plans of hiring at least 10,000 employees in the European Union in the upcoming years to develop a “metaverse”. The revelation comes as the tech giant struggles with rising concerns over its business practi...

Homa Games raises USD 50 million to boost its hypercasual gaming tech

Mobile gaming company Homa Games has reportedly raised USD 50 million in a Series A round led by early-stage venture capital fund, Northzone. The funding round comes just seven months after its seed round which was led by Eurazeo and Headline. Homa ...

European food tech Five Seasons Ventures bags €180 million in funding

Five Season Ventures has reportedly secured €180 million during its second funding round.  The news came after the COVID-19 pandemic had severely affected people’s lives amid concerns of lowered immunities and shifted focus towards co...

Toyota surpasses GM in U.S. car sales for the first nine months of 2021

Toyota Motor Corp. has reportedly outsold General Motors in the U.S. for the first nine months this year as the Detroit-based automaker experiences manufacturing issues stemming from the semiconductor chip shortage. As per the data released, Toyota ...

Digital Twins and Their Impact: Part IV – Smart Cities

Last week, we saw how the concept of digital twins can bring about a pathbreaking change in the design, production, and testing of automobiles. Moving further, let’s delve deeper into how this phenomenon is transforming the dynamics of one of t...

Digital Twins and their Impact: Part III – Automotive Industry

Last week, we discussed the incredible impact of digital twinning on the manufacturing sector. The impact undeniably, has been surging at a robust pace in one of the most vital sub-segments of the manufacturing domain – the automotive industry....