Tech Observer Desk

Mitsubishi Electric Corporation said that it will establish the Product Security Incident Response Team (PSIRT) as a new company-wide framework

Data Analytics firm SAS said that it will invest $1 billion in AI over the next three years through software innovation, education and expert services.

According to European Travel Commission, Turkey had the biggest tourist count increase among 33 European countries.

Communication startup OneWeb said it has raised $1.25 billion in new capital. This brings the total funds raised to $3.4 billion.

Blockchain technology firm Novum Global Ventures said that it has launched a 3-months accelerator program called Novum Global Accelerator for startups.

The enterprise open source company Suse said that growth investor EQT has completed Suse acquisition from Micro Focus.

Qualcomm said that a jury in the U.S. District Court for the Southern District of California has found that Apple iPhone 7, 7 Plus, 8, 8 Plus and X infringe Qualcomm patents

On the basis of preliminary results of a study researchers from the Stanford University School of Medicine reported that wearable technology like Apple Watch can safely identify heart rate irregularities.

Enterprise software maker Adobe Systems said that its revenue in first quarter of fiscal year 2019 rose 25% to $2.60 billion from $2.08 billion last year.

Wipro said that its Artificial Intelligence (AI) and Machine Learning (ML) solutions are now available on Amazon Web Services (AWS).