The total market capitalization of the top 100 global companies has risen up by 15 percent since last year to $20 trillion. The US stood at the leading position with 54 companies on the list. In terms of the absolute rise in market capitalization, the best and the strongest performer was Amazon gaining $278 billion […]
The phenomena of Indian’s making it to the top positions in big US companies is not something new. However, the trend has lately made China too anxious.
American Cab Aggregator Uber has appointed Daniel Danker, a product director at Facebook who was responsible for video and Facebook live. Under the new role, Danker will work as Senior Director and Head of Driver Product at Uber responsible for handling planning, strategy, and execution. Danker has also been associated with Microsoft before his three-year […]
While the venture capital industry is rapidly thriving, still we see women seeking struggle with raising funds or left behind the boom because of hidden prejudices, gender bias and general unawareness. And a recent report of low-brow behaviour by high profile investors towards women makes it all of it more important to understand where women […]
The most popular social networking platform Facebook formed an association with a total of 60 gadget makers for the purpose of data-sharing. Out of the sixty companies, Apple, Amazon, BlackBerry, Microsoft and Samsung are some among others that partnered with the social media giant for the defined purpose. Facebook had reached the specified device makers […]
A new list talking of world’s most valuable brands has been released and dragon country China has bagged top spots for the very first time. Ranked at No. 9, Jack Ma’s Alibaba has joined along with Chinese Tech Giant Tencent alongside behemoth stalwarts such as Google and Apple. Alibaba has witnessed its brand value go […]
LifeSight, an artificial intelligence-powered location intelligence platform based in Singapore, recently raised $2 million in a pre-Series A funding round led by shareholders of Provident Capital Partners, an investment firm based in Indonesia. The funds raised will be used to grow its engineering and data science abilities at its Bengaluru development centre as well as […]
Rocketium.com Technologies Pvt. Ltd, the video creation platform recently raised Rs 2 Crore ($ 300K) as seed funding round from Blume Ventures, the early stage-focused venture capital firm and several angel investors. The additional investors include Raghunandan G., co-founder and former CEO of TaxiForSure, now acquired by Ola; Hari TN, who heads the human resource […]
Adobe announced yesterday that it has made the acquisition of Magento for the amount of $1.68 billion. The purchase of the company has been done to enable Adobe to set up an e-commerce platform that caters to B2B and B2C and will be an appropriate addition to the company’s Experience Cloud. It will also bolster […]
China’s top search engine Baidu stated that it’s former Microsoft executive Qi Lu will abdicate from his position and will no longer work for the same after July 2018. Talking about Baidu, it is a famous search engine based in China which is also known as the China’s Google. They have rich experience in Chinese […]
Online Education Company Pluralsight marked a debut on Nasdaq on Thursday with its shares trading at an opening price of $20 per share, roughly 34 percent above the $15 price at which the company had priced its initial public offering. Interestingly, the stock marked a close at the same price it had opened. Pluralsight is […]
Egypt’s Annual Startup Event Technie Drift 2018 came to a close last week with its entrepreneurial roadshows taking 25 startups from across Egypt through a 5-day Bootcamp on a Nile Cruise from Luxor to Aswan with an exclusive selection of entrepreneurial mentors and expert speakers. The startups were carefully toured through 8 cities of the […]