Mu Sigma, the world’s largest pure-play provider of decision sciences and analytics solutions, announced today that Ambiga Dhiraj, formerly Chief Operating Officer, will assume the role of Chief Executive Officer (CEO) effective immediately. Founder and former CEO, Dhiraj Rajaram, will continue in a full-time capacity with the company and remain as chairman. Ambiga has been […]
Reuters- Google parent Alphabet Inc (GOOGL.O) said Amit Singhal, the longtime chief of its Internet search business, will leave the company and be replaced by the head of the technology giant’s artificial intelligence business. John Giannandrea, currently a vice president of engineering, will replace Singhal, a 15-year Google veteran, once he leaves on Feb. 26. […]
Facebook has smashed investors’ expectations with a 52 per cent jump in quarterly revenue as it sold more ads targeted at a fast-growing number of mobile users, sending its shares sharply higher after hours. The world’s biggest online social network bucked the trend of underwhelming tech results from Apple and eBay, in the face of […]
Jaipur- Biocon chairman Kiran Mazumdar-Shaw has called for relaxing rules for startups to help them flourish, stating that there are several “hidden regulations” in the government’s new policy. “Even though the policy sounds very good, there are a lot of hidden regulations in that,” she said at a session titled ‘Beyond Jugaad, Making India Work’, […]
Google is working on a new “smart” messaging service Google is working on a new “smart” messaging service that will be able automatically answer users’ questions, sources with knowledge of the plans tell The Wall Street Journal’s Alistair Barr. Although the report is sparse on concrete details, the app sounds like a combination of Google’s […]
Business Insider- There is an interesting line in Square’s recent IPO filing that reveals that CEO and founder Jack Dorsey’s companies appear to be profiting from one another. The S-1 filing states that West Studios LLC, a marketing firm in which Dorsey has “direct ownership interest,” received $1.2 million from Square for “consulting services.”
Microsoft led by Satya Nadella invested $1 billion in AI-based platform OpenAI to extend Microsoft Azure’s capabilities in large-scale AI systems.
Google admits its employees are regularly listening and review recordings of what people say to its artificial-intelligence system Google Assistant and Google Home.
Beijing-based fleet management company G7 has raised funds amounting to $320 million in a financing round. This round was led by HOPU Investments, one of the mosthigh-profile private equity firms in China. With this funding,the total capital raised by the company has reached to around $500 million.Other participants included new investors ChinaBroadband Capital, Intelligent Fund of Funds, Mount […]
New Delhi-based car-sharing platform Revv has reportedly secured funds amounting to Rs 100 Crore in a Series B funding round. This particular round was led by the popular South Korean car maker Hyundai Motor. The other investors that participated in this round included Edelweiss and Beenext that are the company’s existing investors. Along with this, fresh investors […]
ImpactGuru, India’s most prominent healthcare, nonprofit and crowdfunding platform, recently raised a $2 million in a Series A funding round co-led by Apollo Hospitals Group and Venture Catalysts. Existing investor, RB investments, a VC fund based in Singapore, also participated in the funding round along with India’s largest health-tech fund, Currae Healthtech Fund. The investment […]
Masayoshi Son, founder of SoftBank Group Corp, the world’s largest private equity fund, announced that he was keen to set up a second Vision Fund in the near future, despite still having capital remaining in its $100 Bn Vision Fund of May 2017. In a conference held in Tokyo, the business mogul stated that capital […]