IANS: The world’s cheapest smartphone at Rs 251 (less than $4) is here, finally. Its makers, the Noida-based startup Ringing Bells Pvt Ltd, say they have made it possible despite allegations from various quarters that such a phone would not see the light of the day. Even an FIR was lodged against the company. According […]
McDonald’s has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar with the matter said. Buyout firms including Bain Capital, TPG Capital and Carlyle Group are also participating in […]
Ride-hailing companies Uber and Didi have brought many new dimensions to the startup industry, such as making billion-dollar-plus funding rounds routine. Now, they have added another to the list: sharing big investors who are backing both companies, even though they are fierce rivals. Uber, the leading ride service in the United States and much of […]
Just Dial, UTI Asset Management Company and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies, which has been topped by Dynamatic Technologies. Companies featuring in the Next 500 list are mostly mid-sized and termed as the small wonders by the magazine. Dynamatic Technologies tops the […]
Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet’s hardware efforts, has stepped down as chief executive of the search giant’s Nest unit, the company said. Fadell will remain an adviser to Alphabet and Google co-founder Larry Page. He will be replaced at Nest, which makes […]
Tech giant Apple on Wednesday announced a new initiative to support engineering talent and accelerate growth in India’s iOS developer community. Apple CEO Tim Cook, who landed in India late on Tuesday said the company would establish a Design and Development Accelerator in Bengaluru, the home of India’s startup scene. Tens of thousands of developers […]
Founded in 2015 by three ex-Zoho employees Arvind Parthiban, Naveen Venkat, and Santhosh Kumar, Zarget has raised $1.5 million in seed funding from global venture capital firms Accel Partners and Matrix Partners, and angel investors such as Girish Mathrubootham, CEO of Freshdesk. The company launched its Zarget platform, a conversion rate optimization tool built as a Chrome […]
“If I were to anthropomorphize Siri, I would imagine that it would think of me somewhat like a father: someone who wants the best for them, who teaches them, who is occasionally demanding, annoying, or embarrassing, but who loves them and is proud when they do well.” A pioneer in Artificial Intelligence, Adam Cheyer has […]
Alibaba Group Holding Ltd said on Monday Chairman Jack Ma and Vice Chairman Joe Tsai have agreed to buy back a combined $500 million in company shares, part of a $4 billion stock repurchase scheme announced in August. The buyback comes as the e-commerce firm’s shares languish at $66.91, more than a dollar off their […]
A month later, Mukesh Bansal and Ankit Nagori resignation India’s largest e-commerce firm Flipkart shuts it’s groceries delivery app, Nearby. The company Nearby was five months old. Paytm, operated by One97 Communications Ltd, also closed its grocery service in June because of poor demand. The Nearby app was launched as an experiment by Flipkart in […]
BARCELONA– Pranav Mistry, VP, Samsung Electronics Co. Ltd today Launched the Samsung Gear 360, a 360-degree camera that lets consumers easily create, view and share their favorite experiences through video and still image content. Gear 360 is designed for travel, festive gatherings and every activity in between to provide an all-encompassing visual experience. The new camera […]
AP, SAN FRANCISCO: Apple co-founder Steve Wozniak had a front row seat as the personal computer began to reshape society. So it made perfect sense to him to bring a convention meshing technology with pop culture to Silicon Valley. The convergence will occur March 18-20 in San Jose, California, with the debut of Silicon Valley […]