Topics: Business

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...

Startups are Eager to Create LGBTQ Friendly Workplace

While the landmark judgment by Supreme Court that abolishes the draconian law encircling homosexuality (Sec. 377) has been appreciated widely, it has created a...

Delta: The Derivative Crypto Exchange for Simpler Transaction

Despite regulatory curbs, cryptocurrency ecosystem and crypto exchanges continue to thrive. There already is a surfeit of spot exchanges, and now with the rising...

Five Well Funded Indian Startups that failed

The rise and fall of the startups is a part of the startup ecosystem, but when your riding on a cash cow that is...

Startups, Regulations, and Tech Colonization in India

While the surplus population in India provides the right platform to the emerging entrepreneurs to brainstorm innovative ideas and disrupt the market, the GoI...
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Enrizon: Investing in Your Future

“A bright engineering student came to us with an aspiration to study abroad. She had lost her parents a few years ago and was...

Trump Administration Considers Revising Safety Rules for Self-driven Cars

As per a document made public on Thursday, the Trump administration plans to revise the safety rules of self-driven cars that forbid such vehicle...

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....

Acinq secures $1.5 Million from Serena Capital and others

Acinq, one of the leading companies working on Lightning networks to increase the number of bitcoin scalability, has today announced that it has secured...
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Tesla Caught up in Another Lawsuit for Labor Law Violation

In a series of lawsuits that have plagued the growth of the automotive giant, Tesla Motors finds itself caught up in another lawsuit over...

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...

Lime to launch e-scooters in Ontario, Canada

Lime, the dockless bike and scooter company has announced the launch of it's e-scooter services in Waterloo, Ontario, Canada In order to actualize it, Lime...

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...

Flying Homingos: Delivering Memories to your Doorstep

It was a usual day in BITS Pilani when Shourya Agarwal - then in his third year of B.Tech - received a letter from...
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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...

Facebook Data Breach Might Render your Account Vulnerable

The social media giant Facebook announced that hackers have stolen digital login codes of nearly 50 million users in what can be described as...

Tencent Grapples With Government Regulation, Revamps Infrastructure

The Chinese internet giant Tencent announced on Sunday that it is revamping its infrastructure owing to stringent regulation imposed by the government. The Shenzen-based and...

LA Times owner Patrick Soon-Shiong calls “Fake news on social media as cancer of our time”

In an interview with Billionaire Patrick Soon-Shiong on CNBC on Wednesday, Patrick Soon-Shiong said that fake news on social media are the cancer of...

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...
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Trump Administration and California State Locked Horns Over Net Neutrality

The U.S. justice department filed a lawsuit on Sunday against California Governor soon after he signed a legislation to reinstate net neutrality in the...

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...

US Government Seeks to Remove Roadblocks in 5G Deployment

Trump administration, in an official statement, promulgated that it is seeking to remove all the roadblocks associated with the deployment of 5G technology. With...

35-Year-Old Nobody Fathers To World’s Most Valuable Startup TikTok

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...
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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...

Google CEO Sunder Pichai to Testify Before the U.S. House Judiciary Committee

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...

Cyberattack on Facebook’s Server Exposes 50 million User Information

The social media giant Facebook, which has already been facing heat over privacy violation, has unraveled on Friday that a malicious attack on its...

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...

General Motors to Recall 3.3 million Cars from the Chinese Market

Shanghai GM, the General Motors joint venture in China announced on Saturday that it will recall 3.3 million Buick, Chevrolet, and Cadillac vehicles from...
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