Paytm Mall reported a net loss of Rs 13.63 crore on total sales of Rs 7.35 crore between August 2016 and 31 March 2017, as per the filings with Registrar of Companies (RoC). Total expenditure was Rs20 crore, while reserves and surplus stood at Rs1,284 crore, the filings showed. Paytm Mall spun off as a […]
Vertex Ventures, the venture capital arm of Singapore state investor Temasek Holdings, said it has raised a $210 million fund to invest in southeast Asian and Indian startups, exceeding its original target size of $150 million. Vertex plans to continue its strategy of investing in early-stage technology companies in southeast Asia and India across enterprise […]
Online service provider AOL on Friday said it will shut its pioneering AOL Instant Messenger (AIM) on 15December. The chat program connected a generation of people to their buddies and crushes while guiding them through the early days of digital socializing. The company reportedly has no planned replacement for the platform in the times when […]
Over one third of the notifications on smartphones worsen our moods, triggering us to feel hostile, upset, nervous, afraid or ashamed, a study has found. Researchers at the Nottingham Trent University in the UK studied the effect on mood in 50 participants who received thousands of digital alerts over a five-week period. Out of more […]
Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. ALSO READ Capture Your Travel Journeys […]
Star India bagged the IPL media rights for TV and digital broadcast for the highest amount of Rs 16,347.50 crore with a single consolidated bid worldwide. The term will hold for the next five years of IPL that is from 2018 to 2022.
The Delhi High Court today expressed concern over children allegedly committing suicide while playing the Blue Whale Challenge, a internet suicide game, that has been allegedly linked to the deaths of several children worldwide.
A PIL was on Wednesday moved in Delhi high court seeking directions to internet companies like Google, Facebook and Yahoo to take down the links of Blue Whale, a challenge-based suicide game that has been allegedly linked to deaths of several children worldwide.
Leading online lodging service Airbnb is buying a California-based background-check startup founded by three Indian-origin entrepreneurs in 2014 as it seeks to protect its users and hosts from undesirable and fraudulent people. A report in Fortune magazine said Airbnb is buying Trooly, a startup that specialises in technology that helps conduct background checks. Trooly was […]
More than 70 per cent of smartphone apps are reporting personal data to third-party companies like Google and Facebook, a new study has warned. When people install a new smartphone app, it asks for the users permission before accessing personal information. Some of the information these apps collect are necessary for them to work properly. […]
43 per cent in 2016, with entertainment and finance categories witnessing highest traction, as per a study by Yahoos Flurry Analytics. “Indias app usage grew 43 per cent year on year. The India app usage grew at 92 per cent during the same period last year (2015),” the State of the App Nation in India […]
Eduardo Vivas, an executive in charge of shaping one of LinkedIn’s biggest revenue generators, plans to leave, a company spokeswoman confirmed on Friday. Vivas is the head of product for Mountain View, California-based LinkedIn’s Talent Solutions business, which includes paid tools for corporate recruiters to find candidates on the work-focused social network. It accounted for […]