Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of USD 144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help the…
Tag: Bill Gates
Amazon to deliver COVID-19 at-home test kits in Seattle
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•Amazon Care, the medical care arm for Amazon’s employees, has recently partnered with Bill Gates-backed research program SCAN to pick up and deliver at-home coronavirus test kits in Seattle. As reported first by CNBC, Amazon is going to be working with Seattle Coronavirus Assessment Network, or SCAN, a new research initiative backed in part by…
Microsoft announces major changes to its Board, Bill Gates steps down
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•Microsoft Corp. announced that Co-Founder and Technology Advisor Bill Gates stepped down from the company’s Board of Directors to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change. He will continue to serve as Technology Advisor to CEO Satya Nadella and other leaders in…
Gates Foundation and Wellcome Trust with Mastercard launch $125mn fund towards COVID-19 treatments
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•Microsoft founder’s The Bill & Melinda Gates Foundation along with Wellcome Trust and Mastercard recently announced a new fund to accelerate technologies designed to identify, assess, develop and scale treatments to the COVID-19 epidemic. According to an official statement, The COVID-19 Therapeutics Accelerator will evaluate new and repurposed drugs and biologics to treat patients with…
CoronaVirus: How big corporations are reacting to it?
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•As the death toll due to the deadly coronavirus reached over 800, the World Health Organisation declared it a Public Health Emergency of International Concern. Coronavirus has shut forced the Chinese economy on its knees with many analysts failing to predict the growth of the nation after this pandemic. In an attempt to help out…