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The new European Union Law is a nightmare for tech giants like Google, Apple and others

Tech giants such as Google, Apple, Amazon, et al are about to face rules dictating their relationships with the smaller businesses for the first time. This directive stems directly out of the new law proposed by the European Union on Thursday. This new rule is targetted towards app stores, search engines, e-commerce as well as hotel booking websites, requiring those organizations to put forth their rank search

Instagram Co-founders Resign

Instagram Co-founder and CEO Kevin Systrom announced in a blog that he along with Mike Krieger, Co-founder, and CTO, are quitting the organization, now owned by Facebook. "We’re planning on taking some time off to explore our curiosity and creativity again. Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do," Systrom said in…

Ten Years of Android: A Glimpse of the impeccable journey

A major breakthrough disrupted the mobile market when Apple launched its first ever iPhone in 2007. This marked the end of simpler times and ushered in the era of smartphones. Very quickly smartphones became the buzzword and entered the lexicon of every individual. The basic idea behind the legendary iPhone was to enable people to have all the human race's collective knowledge in a mobile device. And it can now be…

Bangladesh-based Ride-hailing Startup Shohoz raises $15M in Funding

While Uber is a global transportation leader, the competition that it faces from localized startups and firms in the same domain has become intense now. In Bangladesh, Uber's rival has so far been Pathao, which is backed by Go-Jek, however, in a recent news another ride-hailing startup Shohoz has pulled off a humdinger by raising $15 million through funding rounds. Shohoz, which means easy in Bengali, was founded…

IKEA is Brainstorming Future-ready Autonomous Cars

While the buzz around self-driven vehicles is gaining traction, retail giant IKEA is brainstorming future-ready cars that work as hotels, stores, and meeting room. The firm has released a few designs of its "future living lab", SPACE10 that is based in Copenhagen. Some of the concepts are almost practical whereas others still need better understanding. Nevertheless, the designs presented has sparked a new wave of…

Leading North-American Telecom Service Provider to Deploy WeDo Technologies’ for Fraud Management

The industry leaders in revenue assurance and fraud management, WeDo Technologies, announced today that a Tier-1 North American telecom service provider has chosen WeDo Technologies' revenue assurance (RA) and fraud management to secure its mobine business. Running on Amazon Web Services (AWS), WeDo's solutions will enable the telecom firm to eliminate revenue leakage while protecting customers from fradulent…

Flipkart Co-founder Binny Bansal may soon be Replaced as Group CEO

Walmart Inc's Flipkart unit is considering naming a new Group CEO in place of Binny Bansal, the co-founder of the e-commerce firm. As per a report by Mint Daily. Flipkart CEO Kalyan Krishnamurthy is one of probable names for the position. However, Walmart is considering both internal and external candidates for the aforementioned position. This action is a direct outcome of Binny Bansal's recent non-involvement…

ODEM now has Blockchain-based Ethereum Smart Contracts

ODEM, which is touted as the first ever company to offer On-Demand Education, has recently announced the successful activation of blockchain-powered Ethereum (ETH) smart contracts. These smart contracts will conform to the original ODEM platform. This deployment was completed at the live SWITCH Conference in Vilnius, Lithuania by Dr. Adel Elmessiry, CTO of ODEM. The audience, mostly comprising of students, stood

Uber to acquire Deliveroo, Offered £1.5m: Report

The UK-based food delivery company Deliveroo is on the verge of being acquired by Uber since the transportation giant is expanding its horizon in the takeaway deliver domain. Deliveroo's CEO, Will Shu, has been offered nearly £1.5m ($200m) for the deal. However, there hasn't been any confirmation on the final outcome. With the ever-increasing popularity of online food ordering, the delivery market is expected to…

PayPal Cuts off Ties with Alex Jones on Grounds of Hate Mongering

The payment processing giant PayPal announced today that it is going to cut off all ties with InfoWars, a website created by Alex Jones. Paypal accused the website of promoting hatred and discriminatory intolerance against certain communities and religion. The complete PayPal announcement is detailed below: "At PayPal, we are guided by a core set of values. Chief among these is inclusion. Our values are a…

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