Business News

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20 Feb 2021

Google

Google fires second AI ethics researcher amid diversity dispute

Google has fired Margaret Mitchell who is the founder and former co-lead of the company's Ethical AI group. Google claimed she was fired for violating its code of conduct and security policies.

20 Feb 2021

India

Border conflict with China impacts iPhone production in India

Repercussions of India's geopolitical tensions with its neighbor China are being felt at Apple's iPhone production facilities in India. The South China Morning Post reports that the tensions have limited the issuance of entrance visas to Chinese engineers, which, in turn, is impacting Apple suppliers in the country.

20 Feb 2021

Business

Top five SEO experts of 2021

SEO (Search Engine Optimization) is the process of producing your web-based content in an "easy to consume" fashion.

20 Feb 2021

Facebook

WhatsApp will implement updated policy despite global outrage

WhatsApp has reiterated that it will implement its privacy policy despite user backlash and government scrutiny. WhatsApp recently published a blog post reminding its dwindling user base that the privacy policy will come into effect on May 15.

18 Feb 2021

Volkswagen

Ford to sell only all-electric cars in Europe by 2030

In an attempt to beat CO2 emissions targets and circumvent imminent bans on fuel-guzzling vehicles in certain countries, Ford has announced that it will sell only electric cars in Europe by 2030.

18 Feb 2021

Jaguar Land Rover

JLR hit by lay-offs; to cut 2,000 jobs globally

Jaguar Land Rover (JLR) is planning to reduce its global workforce by 2,000 in the next financial year. The staff is being briefed on the job cuts.

18 Feb 2021

BigBasket

Tata Group may acquire BigBasket: Details here

Tata Group has reportedly reached an agreement to acquire a majority stake in BigBasket according to unnamed sources privy to the deal.

17 Feb 2021

Samsung Mobiles

#DealOfTheDay: Galaxy S21+ 5G available with discounts worth Rs. 30,000

Looking to buy a flagship smartphone? Well, this deal might serve your interests. Amazon is offering Rs. 19,000 off on the Samsung Galaxy S21+ 5G model.

17 Feb 2021

Business

Tom Faye's jump to the top in just 24 months

Tom Faye is a Property Developer and the Founding Principle of 90 Day House Flipping and Life Bricks Developments, which are property investing companies based in Auckland, New Zealand.

17 Feb 2021

Madhya Pradesh

Fuel price hike: Petrol crosses Rs. 100 in Rajasthan

For the first time ever, the price of petrol crossed the Rs. 100 per liter mark in Rajasthan on Wednesday after fuel rates were hiked for the ninth day in a row.

17 Feb 2021

Business

Inspiring journey of digital entrepreneurs Chirag Gera and Devi Singh

Devi Singh is a 27-year-old digital marketing and social media expert, trainer, entrepreneur, author, and business coach. Singh has done his B.Tech in electrical engineering from Arya College of Engineering and Research Centre, Jaipur

17 Feb 2021

SpaceX

Musk's SpaceX raises $850 million, now valued at $74 billion

Elon Musk's SpaceX has reportedly raised $850 million in an equity funding round last week. CNBC reports the shares were sold at $419.99 apiece. Citing unsubstantiated sources familiar with the financing, the report added that the company is now valued at around $74 billion.

16 Feb 2021

Facebook

Zuckerberg tells Facebook employees "to inflict pain" on Apple

This weekend, a Wall Street Journal report elaborated upon the ongoing rift between Apple CEO Tim Cook and Facebook boss Mark Zuckerberg.

16 Feb 2021

OPPO

#DealOfTheDay: OPPO Find X2 available with discounts worth Rs. 26,500

Looking to buy a premium smartphone? This deal should be right up your alley. Amazon is offering an attractive discount of Rs. 12,000 on the OPPO Find X2 model.

16 Feb 2021

X

Amid Twitter row, Centre to use Koo for quicker updates

The Indian government is reportedly planning to use Twitter rival Koo as its key mode of communication with the public amid a row with the US-based microblogging platform.

16 Feb 2021

Startups

Byju's might acquire Edtech start-up Toppr for $150 million

Indian Edtech giant Byju's is closer to acquiring rival Toppr in a deal pegged at approximately $150 million. Both Byju's and Toppr cater to the burgeoning K-12 (Kindergarten to Class 12) education space.

16 Feb 2021

TikTok

ByteDance could sell TikTok's Indian assets to rival firm Glance

Short-video app TikTok's parent company ByteDance is reportedly exploring the possibility of selling its Indian assets to rival unicorn firm Glance.

15 Feb 2021

Sensex

Sensex crosses 52K for the first time; Nifty tops 15,300

Equity benchmark Sensex rallied over 610 points to finish above the 52,000-mark for the first time on Monday, tracking significant gains in financial stocks.

15 Feb 2021

Australia

Google strikes news pay deal with major Australian media company

Australian media firm Seven West Media has struck a deal with tech giant Google to pay for journalism, according to an announcement made by the two companies on Monday.

15 Feb 2021

LPG Cylinder

Delhi: Cooking gas gets costlier by Rs. 50/cylinder

In a move that is sure to affect millions of households, liquefied petroleum gas (LPG) became costlier in Delhi with a price hike of Rs. 50 per cylinder. Starting Monday, a 14.2 kg non-subsidized cylinder will cost Rs. 769.

12 Feb 2021

Bumble

Bumble IPO makes Whitney Wolfe Herd world's youngest woman billionaire

Bumble was founded in 2014. The company launched its IPO on Thursday. During trading, the share price went up by 65 percent to $70.31 per share.

12 Feb 2021

Donald Trump

Biden slams brakes on Trump's TikTok and WeChat bans

US President Joe Biden has been quite busy passing executive orders undoing Donald Trump's policy decisions. Many of these orders involve reversing Trump administration's measures meant to keep China in check.

12 Feb 2021

Xiaomi Mobiles

#DealOfTheDay: Mi 10T is available with benefits worth Rs. 11,000

If you are planning to buy a premium smartphone, this deal might interest you. Flipkart is offering an attractive discount of Rs. 8,000 on the Mi 10T model.

12 Feb 2021

Make in India

Bolkar App: A voice based Quora alternative for non-English speakers

Bolkar means 'speaking' in Hindi. Bolkar App enables native speakers of Hindi and Bengali to share their knowledge. The crowdsourced question-answer platform is aimed at people from tier-3 and tier-4 towns of India who aren't conversant with English.

12 Feb 2021

Microsoft

Volkswagen partners with Microsoft to develop autonomous driving technology

Volkswagen has announced that it will use Microsoft's cloud computing services to develop software for its upcoming self-driven cars.

12 Feb 2021

X

Twitter rival Koo records 3 million downloads after government endorsement

Homegrown Twitter alternative Koo has seen a tremendous growth in its userbase this week. The microblogging app has crossed three million users.

11 Feb 2021

Digital Marketing

Zoomd Technologies, the most aggressive AdTech player globally

Zoomd (TSXV: ZOMD) is a Canadian digital advertising player utilizing Israeli intelligence tech claimed by the company to drive significantly better conversion rates on virtual advertising. Their SaaS platform serves advertisers and publishers as a virtual ads campaign manager, allegedly elevating efficiency and higher monetization on every ad.

Amazon moves Supreme Court over $3.4bn Future Group-Reliance deal

Amazon has moved India's Supreme Court to stop a $3.4 billion assets sale by its partner, Future Group, to Reliance Industries.

10 Feb 2021

X

Twitter's stock hits 52-week high after posting $1 billion quarter

Microblogging website Twitter posted a sizable $1 billion quarter, which is also the second time it has hit this mark. The resulting market frenzy propelled the stock value up four percent in after-hours trading, sending it to a 52-week high.

Top 100 wilful defaulters owe Rs. 84,632 crore to banks

The amount of money that the top 100 wilful defaulters owe banks increased in FY20, as compared to a year earlier. The defaulters owe Rs. 84,632 crore to lenders, up from FY19's figure of Rs. 80,344 crore.

09 Feb 2021

EA Sports

EA acquires Glu Mobile for $2.1 billion; Eyes mobile games

The Katamari Damacy of the corporate world has assimilated yet another burgeoning video game studio. Electronic Arts has paid a whopping $2 billion for Glu Mobile.

09 Feb 2021

Tencent

Reddit raises $250 million in Series E funding

Super Bowl advertisements are incredibly pricey, but Reddit seems to have got its money's worth. The self-declared "front page of the internet" has raised a cool $250 million in the latest funding round.

09 Feb 2021

Mumbai

Petrol and diesel prices at fresh highs after another hike

Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus.

09 Feb 2021

X

Amid Centre-Twitter row, IT Ministry moves to homegrown platform Koo

The Ministry of Electronics and IT (MeitY) has set up an account on Koo, a homegrown platform akin to Twitter after the United States-based company failed to comply with the government's order of blocking some URLs in connection with the farmers' protests.

08 Feb 2021

Elon Musk

Bitcoin surges past $44,000 after Tesla invests about $1.5 billion

Elon Musk is out ruffling feathers yet again. Bitcoin hit record levels surpassing $44,000 after Tesla invested a massive $1.5 billion in the cryptocurrency.

08 Feb 2021

Samsung Mobiles

#DealOfTheDay: Samsung Note10 Lite is available with Rs. 11,000 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Amazon is offering an attractive discount of Rs. 11,001 on the Samsung Galaxy Note10 Lite.

08 Feb 2021

Kia Motors

Hyundai/Kia say they aren't in talks for Apple Car

South Korean automaker Hyundai Motor Co and Kia Corp told Bloomberg on Monday that they are not in talks with Apple Inc. to develop the rumored Apple Car. The news sent Hyundai and Kia shares sliding.

08 Feb 2021

Apple

Apple to discontinue iPhone 12 mini's production by Q2 2021

JP Morgan's supply chain analyst William Yang has claimed (via AppleInsider) that Apple will discontinue the production of its iPhone 12 mini handset by Q2 2021.

07 Feb 2021

X

Twitter India Public Policy Director Mahima Kaul resigns

Twitter's Public Policy Director for India and South Asia, Mahima Kaul, resigned from her post in January citing personal reasons, a senior official confirmed on Sunday.

07 Feb 2021

POCO X3

#DealOfTheDay: POCO X3 is available with Rs. 5,000 discount

If you are planning to own a good budget-range smartphone, this might be a good deal for you. Flipkart is offering an attractive discount of Rs. 5,000 on the POCO X3.