September 2018

India's largest crypto-currency exchange platform Zebpay, on Friday, has announced that "Zebpay is shutting down its exchanges businesses."The statement has come six months after the RBI's new regulations on virtual currency exchange…

Tesla chairman Elon Musk has agreed to step down as Chairman of the company and pay $20 million to financial regulators in a settlement with SEC. Musk, however, will still remain the CEO of the organization.This news comes as a relief for…

Trump administration, in an official statement, promulgated that it is seeking to remove all the roadblocks associated with the deployment of 5G technology. With the constant thrust towards digitization, 5G is claimed to be an immense enhancer…

Back in 2012, when Zhang Yiming pitched the idea of creating an AI-powered news aggregation app, investors such as Sequoia Capital were skeptical. The initial thought that worried those investors was how a 29-year-old locally trained software…

Reid Hoffman, the celebrity venture capitalist, has opined that his biggest investment is directed towards Stripe Inc. As each year passes by, it becomes easier to tell why missing out on payment startups might sting so badly, Hoffman adds…

As per sources, Google CEO Sunder Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the search engine is biased towards the conservatives.Republicans have demanded probe…

The social media giant Facebook, which has already been facing heat over privacy violation, has unraveled on Friday that a malicious attack on its server has rendered nearly 50 million user information vulnerable.This security breach is the…

The American aerospace giant Boeing has bagged a contract worth $9.2 billion to manufacture advanced aircraft for the U.S Airforce.By partnering with the Sweedish aerospace company Saab, Boeing is all set to manufacture the advanced…

Shanghai GM, the General Motors joint venture in China announced on Saturday that it will recall 3.3 million Buick, Chevrolet, and Cadillac vehicle from Oct. 20 owing to a defect with the suspension system of the cars, said a Reuters report.…

The electric car manufacturing company Tesla found itself mired in a lawsuit filed by the US regulatory body Securities and Exchange Commision (SEC). Elon Musk, CEO of the firm has been accused of fraud and the SEC lawsuit demanded to remove…