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Adult-Related Markets- The Largest Online Profit Bearers?

26Feb By PriyankaNo Comments

Story

Adult-Related Markets- The Largest Online Profit Bearers?

A question that created more mysteries than answers. Yes, we all know the names of the largest conglomerates that top the lists as the most successful companies that practically hold and run the internet. But, what we never had a chance to know are the real numbers considering the profits of adult-related businesses that for so many reasons still operate in the shade of famous multi-billion worth names. Knowing yourself well but knowing your enemy even better is a vital strategy that drives the ruthless needs of such giants in hope to never allow them to jeopardize their prestige status. That said, follow the arguments that state the facts and doubts that we have regarding the actual and well-hidden profits of services that only adults are supposed to enjoy. Things are never as...

Amazon will exit from New York, 25k promised Jobs on Hit

15Feb By PriyankaNo Comments

USA

Amazon will exit from New York, 25k promised Jobs on Hit

Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly 3 billion in tax breaks and the company's anti-union stance. With millions of jobs and a bustling economy, New York can withstand the blow, but experts say the decision by the e-commerce giant to walk away and take with it 25,000 promised jobs could scare off other companies considering moving to or expanding in the city, which wants to be seen as the Silicon Valley of the East Coast. "One of the real risks here is the message we send to companies that want to come to New York and expand to New York," said Julie Samuels, the executive director of industry group Tech NYC. "We're really playing with fire right now....

Tesla acquires Energy storage company Maxwell Technologies for $218 Million

5Feb By PriyankaNo Comments

ACQUISITION

Tesla acquires Energy storage company Maxwell Technologies for $218 Million

Elon Musk led Electric car maker Tesla acquires energy storage company Maxwell Technologies at $218 million. The acquisition is an all-stock deal and the offer will value each of Maxwell's 45.9 million shares at $4.75. The merger is expected to close in the second quarter of 2019. As per the report, the acquisition will help Tesla to improve its batteries and lower the costs as more competitors enter the market. "We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla's mission of accelerating the advent of sustainable transport and energy," Franz Fink, CEO and President, Maxwell said in a press release. Maxwell Technologies' primary focus has been on ultracapacitors energy storage devices that ...

How Agriculture is changing in India Using Technology

1Feb By PriyankaNo Comments

Story

How Agriculture is changing in India Using Technology

I worked as a media person and a writer who would share her opinions about various issues and trends concerning the urban population of the nation. While I was exploring options for a job change I came across an interesting and challenging opportunity of understanding the needs of a completely different target group i.e. the farmers! Without having any agriculture background, I joined Gramophone, an AgTechstartup that aims to solve real problems faced by farmers in India. My team at Gramophone provides assistance to more than 150,000 farmers for growing their crops in a better way. It felt counter-intuitive that a farmer who is doing agriculture for years would need external help in growing the crops. I mean, he does this every year. I was curious to understand why are so many farmers ...

Google Release Updated Version of My Business app

27Jan By PriyankaNo Comments

News

Google Release Updated Version of My Business app

Google has released an updated version of its "My Business" app to allow users to share the service-areas and information about their business via Maps and Search, increasing their chances to be discovered. Google's "My Business" is a free tool for businesses and organisations, created to help them manage their online presence across Google. "With this update, we hope to better connect you with potential customers in your service areas so consumers get the services they need and you find new customers," Tom Pritchard, Product Lead, My Business. Since service areas vary from business to business, to make information accurate, users could also configure their service areas by adding specific postal codes or cities they cover. "Taking into account the changes every business goes ...

Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

27Jan By PriyankaNo Comments

News

Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

As per the report, Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps. The three services will, however, continue as stand-alone apps, the report said, citing four people involved in the effort. Facebook said it is working on adding end-to-end encryption, which protects messages from being viewed by anyone except the participants in a conversation, to more of its messaging products, and considering ways to make it easier for users to connect across networks. "There is a lot of discussion and debate as we begin the long process of figuring out all the details of how this will work," a spokesperson said. After the...

Saurav Banerjee and Devneet Bajaj Joining as a Venture Partners in Kalaari Capital

27Jan By PriyankaNo Comments

News

Saurav Banerjee and Devneet Bajaj Joining as a Venture Partners in Kalaari Capital

India based business investment firm Kalaari Capital today announced that Saurav Banerjee and Devneet Bajaj have joined the firm as Venture Partners. Saurav, a Chartered Accountant, and Harvard Business School alumnus, was previously the Co-CEO of NDTV and brings with him two decades of experience in the media industry. Dev Bajaj, in his previous role, was the founder of M.I.T.R.A., one of India's largest Agri-tech startup's building smart machines for horticulture, which was strategically backed by Mahindra & Mahindra. He is a former private equity executive and an INSEAD alumni. In November last year, Sreedhar Prasad, a former KPMG executive, joined the firm as a venture partner. Vani Kola, Managing Director, Kalaari Capital, described the appointments as strategic additi...

Rapper Snoop Dogg Invested in Swedish Payment Firm Klarna

25Jan By PriyankaNo Comments

FUNDING

Rapper Snoop Dogg Invested in Swedish Payment Firm Klarna

Calvin Broadus better known as Snoop Dogg has invested in an online payments firm, Klarna. Klarna, a Swedish based firm provides payment solutions for consumers and merchants. The company valued at $2.25 billion dollars in 2015, making it one of Europe’s largest fintech unicorns. "I've been looking for an opportunity to expand my tech investment portfolio to Europe and seeing the way Klarna operates and how they challenge the status quo, I think it’s a match made in heaven. I’m very excited about this partnership,” Snoop Dogg said in a press release. Klarna was founded in Sweden in 2005 and has expanded to 14 countries, with more than 100,000 merchants using its payment solutions for online and in-store purchases. It was valued at $2.25 billion (roughly Rs. 15,400 crores) in 20...

WhatsApp Business crosses 5 million users mark

24Jan By PriyankaNo Comments

News

WhatsApp Business crosses 5 million users mark

WhatsApp said over five million enterprises globally are using its 'Business' app to connect with their customers within a year of launch. "In January of last year, we launched the WhatsApp Business app, and now there are more than five million businesses using it to support customers, grow their businesses and serve their communities all over the world," WhatsApp said in a blogpost. It cited the example of Bengaluru-based eyewear brand Glassic which has seen 30 per cent of its new sales being generated through WhatsApp Business. India is home to over 200 million WhatsApp users. It has about 1.5 billion users globally. Using the business app, SMEs can help customers with useful information such as business description, e-mail, store addresses and website. легкий займ иркутскз...

Asia’s Richest Man Mukesh Ambani Entry in E-commerce Space Will Reduce the Digital Space: Infosys Former CFO

19Jan By PriyankaNo Comments

Entrepreneurs Talk

Asia’s Richest Man Mukesh Ambani Entry in E-commerce Space Will Reduce the Digital Space: Infosys Former CFO

After news broke of Asia's richest man Mukesh Ambani entry into Indian e-commerce space against giants like Amazon and Flipkart, Infosys former CFO T V Mohandas Pai Saturday said the foray of Mukesh Ambani's Reliance into India's e-commerce space would allay fears of digital colonisation and dramatically lower costs, immensely benefiting the consumers. "One thing is certain that consumers and India will be a winner, and in online retail, the fear of becoming a digital colony will recede with the entry of a formidable Indian entity, Reliance," he told Pixr8 in an interview. Reliance seems to be creating next generation retailnetwork which has the potential to radically change the dynamics of retail in a fast growing economy, Pai said, adding that "it would dramatically lower costs, ...

US Shutdown Become Longest in History, Economy Hits Low

14Jan By PriyankaNo Comments

USA

US Shutdown Become Longest in History, Economy Hits Low

The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world's largest economy with each passing day, economists say. While most of the 21 "lapses" in government spending since 1976 left barely a scratch on economic growth, the length of this shutdown makes it harder to say just how bad the impact could get. "It's not a hard stretch to say that initially it's smaller and then it expands, the pain starts to widen," Beth Ann Bovino, chief US economist at S&P Global Ratings, told AFP. "Think of it as a butterfly effect." With about a quarter of the federal workforce affected, the shutdown is currently squeezing an estimated USD 1.2 billion a week out of the economy, Bovino said, but that figure could grow if it drags on. At t...

TAKE Solutions to Acquire US based firms in ‘all cash deal’

11Jan By PriyankaNo Comments

ACQUISITION

TAKE Solutions to Acquire US based firms in ‘all cash deal’

Life sciences and supply chain management provider TAKE Solutions Friday said it would acquire two US-based entities in "an all cash deal" amounting to USD 72 million. Chennai based company, in a filing to Indian stock exchanges said with the acquisition of KAI Research, it would acquire Phase II, III capabilities in North America adding to its current service offerings in Europe and Asia. "KAI (Research) strengthens our therapeutic expertise mental health, musculoskeletal diseases and medical devices. The target has long standing relationships with clinical sites and trusted network of service providers", the company said om a BSE filing. "The total consideration for this transaction shall be up to USD 27 million, including contingent payments, subject to certain financial miles...