IBM today unveiled a new enterprise mobility platform IBM MobileFirst for iOS Garage in India and plans to open satellite centres in many other countries including Brazil, China and Romania. IBM MobileFirst is a platform for building mobile apps for the enterprise. The Garage is dedicated to enable clients to complete digital mobility projects as […]
Reliance Jio Infocomm is setting up 500,000 activation outlets and close to a million recharge outlets to prepare for the launch of its 4G services in the coming months. Reliance Jio, which will compete with the likes of Bharti Airtel and Vodafone in offering 4G services, expects to play a “significant role” in lifting India […]
When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis. The internet pioneer, not yet a teenager, had just finished the prior year with $1.9 billion in profits on $5.3 billion in revenue. The tough days […]
As Verizon Communications Inc announced that it would buy Yahoo Inc’s core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. CEO and Head of Yahoo, Marisaa Mayer wrote an emotional letter to all search based employees. She […]
Quikr, India’s category classifieds business has acquired Hiree, an online hiring platform focused on white collar jobs. Hiree which counts world’s largest IT companies and India’s highest valued startups in its customer list will be merged with its jobs vertical QuikrJobs and will operate out of Quikr HQ. Already a leading recruitment platform for blue, grey […]
Mobile marketing and rewards platform Skrilo today said it has raised $1.5 million in seed funding from a clutch of industry veterans. “The roster of investors includes Anuj Srivastava (ex-Google, CEO and Co-founder – Livspace) and Arvind Tiku (Founder and Group Chairman, AT Capital Group) amongst others,” the company said in a statement. It will […]
Federal Bank today said it has signed an agreement with Reliance Jio Money for One-Click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers. Through this service, the banks customers can complete a transaction without […]
AFP, SAN FRANCISCO: Microsoft said Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty charges from writing off mobile phone assets. “This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations,” said […]
Shares of Japan’s Nintendo Co soared another 14 percent on Tuesday, more than doubling the firm’s market capitalization to 4.5 trillion yen ($42.5 billion) in just seven sessions since the mobile game Pokemon GO was launched in the United States. The phenomenal success of Pokemon GO – now available in 35 countries, the majority in […]
Hyderabad and Philadelphia-based SRI Capital has invested a total of $2.3 million in three SaaS startups — WorkApps, Yellowdig and Zuppler. SRI Capital is an investment firm and was founded by Sashi Reddi. Reddi is working as Managing Partner of SRI Capital, would join the Boards of all three companies soon. Workapps is a Pune-based […]
SoftBank Group Corp has agreed to buy UK chip designer ARM Holdings PLC in a 24.3 billion pound ($32.2 billion) deal, the two companies said on Monday, in an ambitious bet on mobile internet that will transform the Japanese tech group. ARM, the most valuable tech company listed in London by market value, is a major presence […]
Japan’s Line Corp saw its shares rocket on their Tokyo debut, extending a strong start in New York the day before, and taking the value of the messaging app firm to $8.6 billion in the year’s biggest tech IPO. The operator of the world’s seventh most-used messaging app listed first in New York in a […]