French Energy Giant Totalenergies to Invest a Whooping Sum of $27 Billion in Iraq

French energy giant TotalEnergies, in a recent press meet, has stated that it is planning to invest a huge sum of $27 billion in Iraq in a 25-year deal which will, in turn, boost its position in the country. The deal will include various investments in energy projects, including seawater into oil fields to enhance the amount of oil recovered, a natural-gas processing plant, and a solar farm. The company has said that there will be an initial investment of $10 billion.

These projects would help TotalEnergies to improve Iraq's electricity supply. Also, Iraq is already facing severe scarcity of drinkable water, especially in the summer; this project will allow them to overcome these issues. Also, it will help them to reduce the dependency on Iranian natural gas. Besides, TotalEnergies have planned this deal tactically at a time when oil and gas companies are starting to reassess their portfolios to address concerns over their carbon emissions. This deal will also focus on helping Iraq to reduce high carbon emissions.

 

 

Realme GT Neo’s successor gets a nod and it will be launched soon

Realme has recently confirmed that Realme GT Neo 2 is expected to make its debut soon. As of now, there is no official launch date for the phone, but various sources hint that it will be out this month. Realme GT Neo was launched earlier this year, and its descendant will come with more new specs this year. Leaks that surfaced online this month showed the official render for Realme GT Neo 2, and a post from a popular tipster, Weibo, also confirmed that the phone would be launched this year.

As shown in the leaks, the Realme GT Neo 2 is expected to house a 6.62-inch full HD display, and it might also come with Android 11 out of the box. The Realme GT Neo 2 could have 8GB of RAM paired with a Snapdragon 870 SoC processor and 128GB storage. The camera specs for the new phone are touted to be a triple rear camera setup of 64 mp, eight mp, and 2mp, along with a 16mp front camera. A 5000mAh battery could back all the above specs. Steve Hemmerstoffer, a popular tipster, had recently revealed the renders for Realme GT Neo 2 in which a hole punch was seen on the screen for the front camera.

 

 

Care-Giving and Health platform Homage Secures $30M in Series C

Singapore-based care-giving and health platform Homage has secured $30 million in its Series C. This round was led by Sheares Healthcare Group. Series C saw the participation from new investors DG Daiwa Ventures and Sagana Capital, alongside existing investors including East Ventures (Growth), HealthXCapital, SeedPlus, Trihill Capital and Alternate Ventures.

Homage's funding round went oversubscribed and was one of the largest financing rounds by an on-demand care platform in Southeast Asia and Oceania region. The company has so far raised $45 million. The Chief Corporate Development Officer of Sheares Healthcare, Khoo Ee Ping, will be joining Homage's board of directors as part of the funding round.

"Our mission is to make everyday care for older adults and the chronic-ill personalised, accessible as well as cost effective. By combining high touch with high tech, we have been able to prove that we improve the lives, health and wellness outcomes of our care recipients and families at scale. I am thrilled to partner with this group of outstanding institutional investors that are like-minded in our mission to provide trusted value-based care and bridge the gaps in the healthcare ecosystem – across payor, provider and care recipient," said Gillian Tee, Founder and CEO of Homage.

The company intends to use the fresh funding to invest in its technology platform and deepen its integration with the aged and disability care payor and provider infrastructure across the region.

 

BP Announces First Delivery of Offset LNG Cargo to CPC Corporation

BP has announced that it has delivered its first carbon offset LNG cargo to CPC Corporation, Taiwan. The cargo arrived to Yung An terminal in Taiwan. This is BP's first delivery of carbon offset LNG in the Asia-Pacific region. Prior to this, the company had made a delivery to Sempra LNG at Energia Costa Azul terminal in Mexico in July 2021.

Globally the demand for LNG has grown rapidly, driving the need for diversified offerings in this segment. BP aims to address this.

“Natural gas has a key role to play in ‎getting the world to net zero. This new offer further demonstrates our determination ‎to remain one of the world’s leading and most innovative LNG suppliers. The ‎development of a clear and reliable methodology for quantifying the carbon intensity ‎of our LNG supply chain is an important step in helping our customers deliver their ‎sustainability goals and supports our ambition to help the world get to net zero," said Carol Howle, EVP of bp trading & shipping.

BP aims to become net zero by 2030 by removing its reliance on carbon credits.

 

Announcement regarding new updates and games are expected in Sony’s 2021 Showcase event

Sony, a popular name in the gaming segment, has recently made an announcement regarding its new PlayStation 5 event. The upcoming event is scheduled to be held on September 9, and the event will focus on showing what the company has been working on. The event is online-only, and it will be live-streamed on 1 PM PT and is expected to be for around 40 minutes. Gaming enthusiasts are eagerly looking forward to this event because some of the big names in the segment will be making important announcements regarding holiday releases and beyond.

Sony has confirmed that there will not be any announcement regarding the PS VR, but the community can expect many new and great games from small and large developers. The event will be showcased on the company’s official channel on Youtube. First and third-party devs will be presenting their projects during the event, and this is Sony’s first event since its last showcase event that took place a year ago. In the previous event, the company had solely focused on unveiling PS5, and no specific deets were released regarding what can be surely expected in this year’s event. However, reports from various tipsters suggest that we can expect updates on the next God of war game and Horizon Forbidden West.

 

 

Verizon Launches New Private Mobile Cloud Computing Services for Businesses with Microsoft Azure

In a recent press meet, Verizon, America's leading multinational telecommunications conglomerate, has announced that its most anticipated on-premises, private edge compute solution will now be available for its users. Verizon 5G Edge, in collaboration with Microsoft Azure Stack Edge, has launched this brand new cloud computing platform which will now make storage services easy.

The new cloud computing service will provide excellent customer premises for enterprises with increased efficiencies, robust security, and the low lag and high bandwidth feature required for various applications that primarily involve computer vision, AR & VR, and machine learning. With on-premise 5G and edge computing, enterprises can efficiently process information and improve actionable data-driven insights to gain end-to-end visibility across all processes.

Verizon is also working on 5G applications to leverage 5G Edge investments and provide its customers with tangible, material automation enhancements. This solution would allow many enterprises to assign overhead and indirect costs to specific customer accounts, pick and pack lines, and enhance efficiencies and improve competitiveness. Verizon with Microsoft will provide its customers with powerful compute and storage service capabilities with increased security.

 

 

FedEx Express launches FedEx® International Connect Plus (FICP) for AMEA

FedEx Express has launched FedEx® International Connect Plus (FICP), a e-commerce shipping service that will bring together competitive speed with affordable prices in the AMEA (Asia Pacific, Middle East and Africa).

“Building a robust e-commerce ecosystem is a top priority for us at FedEx. With FICP, we have an ideal solution for businesses to meet heightened expectations of consumers for reliable, and economical delivery services,” said Kawal Preet, president of the Asia Pacific, Middle East, and Africa (AMEA) region at FedEx Express.

This new service has been launched for just the AMEA to start off and will improve FedEx Express' cross-border e-commerce capabilities to meet the customers' need of diversified, cost-effective solutions.

"With FICP, e-tailers across ten markets including Australia, Hong Kong, India, Japan, mainland China, Malaysia, Singapore, South Korea, Taiwan, and Thailand are now empowered to provide their customers with an international shipping solution with prices that offer value-for-money, while ensuring shipments will be delivered within 1 to 5 business days within AMEA," mentioned the FedEx Express press statement.

The FICP will be a day-definite delivery service that has the reliability of FedEx International. The service will be further supported with other capabilities including tracking, sending out notifications to receivers and flexibility to change delivery options via FedEx Delivery Manager®.