PayPal Posts Record Profit and Net Active Accounts in Q2 2020 Results
PayPal posts record surge in transactions and new accounts that make 86 percent higher profit in Q2 2020.
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Remitly Raises $85 Million in funding at a valuation of $1.5 Billion
Global remittances service provider app for immigrants Remitly raises $85 million at $1.5B Valuation.
Flipkart Launch hyperlocal service ”Flipkart Quick”
eCommerce company Flipkart announced the launch of its hyperlocal delivery service ”Flipkart Quick”.
Apple starts iPhone 11 manufacturing in India
iPhone maker Apple started its latest iPhone 11 manufacturing at Foxconn’s facility in India.
PicsArt Acquires Motion-Based Video Effects Company D’efekt
PicsArt acquired advanced video effects company D’efekt for an undisclosed sum.
How to Protect Your Small Business from Cyber Threats
Small businesses are very vulnerable to cyber threats, precisely because they think they’re not worth a hacker’s time.
End of Huawei’s 5G Journey in India? Reliance Jio Launch Made in India 5G solution
At Reliance 43rd AGM, Mukesh Ambani said Jio has designed and developed a complete 5G solution from scratch and it will be available next year.
Google invests $4.5 billion for 7.7% stake in Jio platforms
Google is acquiring 7.7% of India’s fastest-growing internet company Reliance jIo for $4.5 billion.
UK bans Huawei from 5G Network
UK government banned Huawei from its 5G telecom network and will remove its all 5G components till 2027.
BrowserStack Acquires Bay Area Company Percy
World’s leading web and mobile app testing platform BrowserStack acquire Percy, the leading visual testing and review platform.
Samsung starts all Smartwatches Manufacturing in India
South Korea based Samsung started manufacturing all kinds of smartwatches in India as part of its ”Make in India” efforts.
India’s trade deficit with China dips to $48.66 billion in FY20
India’s trade deficit with China fell to $48.66 billion in FY19-20.