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InMobi acquires Sprint’s mobile advertisement business

(Reuters) - Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, in...

OYO Rooms Starts Operation in UAE

As India-based OYO becomes the most recent debutant in the hospitality eco-system of UAE, founder and CEO Ritesh Agarwal looks forward to leveraging opportunities...

Temasek Holdings to acquire Israeli cybersecurity company Sygnia for $250mn

Sygina, an Israel based cybersecurity company on Thursday has announced that it is going to get acquired by Singapore based investment firm Temasek Holdings...

COAI : Indian Telecom industry may see downfall for next three quarters

The telecom sector is likely to experience three more quarters of losses, hurt by high levies and “unsustainable tariffs,” Cellular Operators Association of India...

Zomato Raises $210 million in Funding from Alipay

The online food delivery firm Zomato has raised $210 million in funding from the Chinese e-commerce giant Alibaba's payment wing Alipay. As per a stock...

PayTM may acquire UCWeb browser

The Indian mobile payment processing giant PayTM is in talks to acquire UCWeb, the Alibaba-owned web browser, a report by ET stated. UCWeb has...

Flipkart Co-founder Sachin Bansal may invest $100 Mn in Ola cabs

The co-founder of the e-commerce behemoth Flipkart may invest $100 million in the Bhavish Aggarwal led ride-hailing firm, Ola. As per reports, this is...

Orsted acquires Rhode Island offshore wind business for $510 million

On Monday, a Denmark based power company Orsted has announced "The acquisition of 100 percent equity stakes in the offshore wind business of U.S...

Verizon to shift its 1,400 employees to Infosys

American technology giant Verizon is planning to shift it's 1,400 Indian employees to Infosys by the end of this year and will work on...

SoftBank to Invest $500 million in the Ride-hailing firm Grab

SoftBank has almost closed a deal to invest $500 million in Grab as a part of the $1 billion in funding that the South-Asian...

Bollywood, superstar Priyanka Chopra is now a tech startup investor

After mesmerizing everyone with stellar performances in Bollywood as well as Hollywood, the actress and singer Priyanka Chopra have embarked on a new journey....

Renault-Nissan and Daimler To Venture into Autonomous Cars

In an attempt to move towards eco-friendly transportation alternatives, Renault-Nissan and Daimler plan to expand into battery and autonomous cars technology and mobility services,...

People are furious over Walmart-Eloquii Acquisition Deal

The US-based retail giant Walmart announced on Tuesday that it is acquiring women's plus-size retailer Eloquii. This news has triggered a new wave of...

PhonePe all set to raise funds worth $1 billion: Report

With the rapid growth of payment processing apps in the Indian marketplace, the Flipkart owned PhonePe is in talks with a couple of investors...

Upwork Intends to Go Public, Files IPO

The global freelancing platform Upwork has announced in an official statement that the company intends to go public. Catering mostly to freelance labor encircling...

The Middle-East Ride Hailing App Careem Functional in Oman Again

The Dubai-based ride-hailing app Careem has resumed operations in Muscat, Oman after signing an agreement with a local taxi company, the Middle-east firm said...

Indian Cryptocurrency site Zebpay Shuts Exchange Business

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...

Musk Agrees to resign as Tesla Chairman under SEC Settlement

Tesla chairman Elon Musk has agreed to step down as Chairman of the company and pay $20 million to financial regulators in a settlement...

Stripe Inc. Is Now $20 Billion Company: Report

Reid Hoffman, the celebrity venture capitalist, has opined that his biggest investment is directed towards Stripe Inc. As each year passes by, it becomes...

Boeing Bags $9.2 billion worth contract for designing advanced aircraft for the U.S Airforce

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...

Tesla in Troubled Waters After SEC Lawsuit

The electric car manufacturing company Tesla found itself mired in a lawsuit filed by the US regulatory body Securities and Exchange Commission (SEC). Elon...

BlackBerry reports $43 million Profit in Q2

The Canadian smartphone and software maker, BlackBerry Ltd, has reported a $43 million profit in the second quarter. The profit came from the higher...

Spoofin secures undisclosed funding from Mumbai Angels and others

Spoofin a video-based social networking app which allow users to create an upload parody videos has today announced that, "It has secured a undisclosed...

India to generate $100 bn from telephonic investments

India expects to attract $100 billion in investments in the telecom sector, a union minister said on Wednesday after the cabinet approved a new...

Apple finalizes Shazam Acquisition Deal

Originally announced in 2017 and later delayed by lengthy European regulatory inquiry, Apple finally has completed its acquisition of Shazam, the music identification app....

Digital Healthcare Firm Maven Raises $27 Million in Series B Funding

The digital healthcare company Maven, announced today that it has raised $27 million in series B funding led by Sequoia Capital and Oak FC/HT...

Survey Monkey Raises $180 Million from the I.P.O

The online pollster company Survey monkey will now begin trading on Nasdaq stock market as a public enterprise. The firm will be one of...

Top Uber Executives Warned After Probe into Office Misconduct

As per a report by Wall Street Journal, Cameron Poetzscher, Uber's head of corporate development, had been found making sexually aggressive comments on other...

Google faces heat from U.S Senate Committe due to Privacy Violations

Tech giant Google will now acknowledge its mistakes on privacy issues in a testimony that will be delivered to a U.S Senate committee. “We acknowledge...

Snapchat Collaborates with Amazon for Point-and-buy

Eager to join the e-commerce race, Snapchat, on Monday, announced its partnership with Amazon.com that will allow the Snapchat users to shop directly using...

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