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Flipkart mulls deployment of over 25,000 electric vehicles by 2030

25 Feb 2021

Flipkart mulls deployment of over 25,000 electric vehicles by 2030

Flipkart has announced that its city logistics fleet will comprise over 25,000 electric vehicles (EVs) by 2030. They shall be designed and assembled in India.

Facebook pledges $1 billion to news industry after Australian standoff

25 Feb 2021

Facebook pledges $1 billion to news industry after Australian standoff

The Australian news media code has caused great upheaval in the social media space. After Facebook's recent shutdown of news feed in the country and quick reversal, the social media giant has pledged to invest $1 billion to "support the news industry".

Flipkart Mobiles Bonanza sale: Deals and discounts on best-selling smartphones

25 Feb 2021

Flipkart Mobiles Bonanza sale: Deals and discounts on best-selling smartphones

Flipkart has kicked-off its Mobiles Bonanza Sale in India with a wide range of discounts and offers on some of the best-selling smartphones.

LG's smartphone business still for sale; Talks with Vingroup collapse

25 Feb 2021

LG's smartphone business still for sale; Talks with Vingroup collapse

LG Electronics is planning to sell its mobile business after racking up $4.5 billion in losses over five years. We recently reported that the company had chanced upon a possible buyer for its smartphone business.

Amazon partners with Mahindra Electric to strengthen EV delivery fleet

24 Feb 2021

Amazon partners with Mahindra Electric to strengthen EV delivery fleet

Amazon and Mahindra Electric have signed a pact to add more electric vehicles (EVs) to the former's delivery fleet in India. Last year, the e-commerce giant had said that 10,000 EVs would be included in its fleet by 2025.

Trading halted on NSE due to telecommunication link issues

24 Feb 2021

Trading halted on NSE due to telecommunication link issues

Severe technical issues have halted trading on the National Stock Exchange (NSE) today. Ongoing issues with the stock index's telecommunications infrastructure have affected the spot NIFTY and Bank NIFTY indexes, which have stopped updating.

ASCI drafts promotional content guidelines for social media influencers

24 Feb 2021

ASCI drafts promotional content guidelines for social media influencers

The Advertising Standards Council of India (ASCI) has issued a set of draft guidelines that directs influencers to prominently label content that promotes products and services on social media.

#DealOfTheDay: iPhone 12 mini available with benefits worth Rs. 6,000

23 Feb 2021

#DealOfTheDay: iPhone 12 mini available with benefits worth Rs. 6,000

If you are planning to own an iPhone, this might be a good deal for you. Flipkart is offering the iPhone 12 mini (64GB model) with an instant discount of Rs. 6,000 on EMI transactions via HDFC Bank Debit and Credit Cards.

Petrol nears Rs. 91/liter mark in Delhi after latest hike

23 Feb 2021

Petrol nears Rs. 91/liter mark in Delhi after latest hike

Petrol price on Tuesday neared the Rs. 91 per liter mark in Delhi and diesel crossed Rs. 81 a liter as fuel prices were hiked again after a two-day pause.

Facebook reverses Australian news ban following amendments to media code

23 Feb 2021

Facebook reverses Australian news ban following amendments to media code

Facebook has walked back the uncompromising and abrupt total ban it had imposed on sharing Australian news sites. The bold move had blocked Facebook's Australian users from viewing and sharing news.

Facebook removes Myanmar military's primary page; Cites repeated policy violations

22 Feb 2021

Facebook removes Myanmar military's primary page; Cites repeated policy violations

Facebook has punished the Myanmar military establishment after it led the recent coup that ousted the elected government. The social media giant removed the military establishment's eponymously named Facebook page Tatmadaw, which roughly translates to True News Information Team.

Amazon Fab Phones Fest sale: Deals on best-selling mobiles

22 Feb 2021

Amazon Fab Phones Fest sale: Deals on best-selling mobiles

Amazon has kicked-off a fresh round of Fab Phones Fest in India starting today. Under the sale, which will end on February 25, the e-commerce giant is offering up to 40% off on smartphones and accessories.

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

20 Feb 2021

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

If you are planning to own a high-end smartphone, this might be the deal for you. Amazon is offering an attractive discount of Rs. 5,000 on the Mi 10 model.

Google fires second AI ethics researcher amid diversity dispute

20 Feb 2021

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.

Border conflict with China impacts iPhone production in India

20 Feb 2021

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.

WhatsApp will implement updated policy despite global outrage

20 Feb 2021

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.

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

18 Feb 2021

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.

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

18 Feb 2021

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.

Tata Group may acquire BigBasket: Details here

18 Feb 2021

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.

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

17 Feb 2021

#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.

Fuel price hike: Petrol crosses Rs. 100 in Rajasthan

17 Feb 2021

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.

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

17 Feb 2021

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.

Zuckerberg tells Facebook employees "to inflict pain" on Apple

16 Feb 2021

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.

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

16 Feb 2021

#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.

Amid Twitter row, Centre to use Koo for quicker updates

16 Feb 2021

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.

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

16 Feb 2021

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.

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

16 Feb 2021

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.

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

15 Feb 2021

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.

Google strikes news pay deal with major Australian media company

15 Feb 2021

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.

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

15 Feb 2021

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.

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

12 Feb 2021

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.

Biden slams brakes on Trump's TikTok and WeChat bans

12 Feb 2021

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.

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

12 Feb 2021

#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.

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

12 Feb 2021

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.

Volkswagen partners with Microsoft to develop autonomous driving technology

12 Feb 2021

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.

Twitter rival Koo records 3 million downloads after government endorsement

12 Feb 2021

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.

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

11 Feb 2021

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.

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

10 Feb 2021

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

10 Feb 2021

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.

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

09 Feb 2021

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.