Many of you did not hear about this company but Jana (meaning “people” in Sanskrit) the only Facebook competitor in emerging markets regarding free Internet service raises $57million in Series C funding, led by new investor like Verizon Ventures, with participation from our existing investors, Spark Capital and Publicis Groupe. Jana mission is simple, yet ambitious: […]
NEW DELHI: Mobile phones manufacturing in India may reach 500 million units in coming two years on the back of the good base of talent and an incentive policy, a top Department of Telecom (DoT) official said today. This year, India produced 100 million phones as compared to 45 million last year. “The number of […]
Info Edge Ltd has invested about $1.1 million (Rs 7.4 crore) in mobility-and cloud-based software developer Rare Media Company Pvt Ltd. The investment is expected to support Info Edge’s online realty business 99acres, which already uses Rare Media’s services for its sales staff. Founded in 2012 by Siddhartha Gupta, Delhi-based Rare Media’s field force tracking […]
Apple Inc has registered domain names related to automobiles, adding to speculation about the company’s plans to develop an automobile. The iPhone maker registered the domain names, which include apple.car, apple.cars and apple.auto in December, according to domain information provider Who.is. MacRumors had first reported the news on Friday, but said the domain names could […]
Microsoft has acquired Former Microsoft chief architect Ray Ozzie project Talko. Talko allows you to create multiperson conversations that combine voice, text and photos all laid out over an evolving timeline. Talko Features – Amazing things can happen when we talk with each other. Thoughts are shared, ideas formed and problems solved. Talko is the best way […]
Online skills assessment company Aspiring Minds has acquired online and mobile internship platform, Letsintern, for an undisclosed amount in an all-cash deal. “The constant feedback we got from organisations was that people need practical knowledge and training,” said Himanshu Aggarwal, CEO of Aspiring Minds, who cofounded the company with Varun Aggarwal in 2008. “Internship has […]
Reuters- Wal-Mart Stores Inc said it would launch ‘Walmart Pay,’ to become the first U.S. retailer to offer its own payment feature to expand consumer payment options and increase the speed of checkouts. Walmart Pay will be introduced in select U.S. stores on Thursday and in additional stores after the holiday season, Wal-Mart executives said on […]
Fitness tracker startup GOQii has raised Series A funding worth $13.2 million (Rs 88 crore) led by New Enterprise Associates and Cheetah Mobile, with participation from Great Wall Club, DSG Consumer Partners, Ilkka Paananen (CEO and co-founder of Supercell) and Pravin Gandhi (co-founder of Seedfund) reports Mint. GOQii will use the funds to expand […]
Is Asia developing towards mobile, or away from it? Three numbers from the Google-TNS Asia Pacific Mobile App Usage Study suggest an answer: as it expands, it will move towards mobile, not away from it. The study asked people from across Asia about how they used their apps, revealing how central mobile has become to […]
LG Electronics Inc said on Thursday it signed an agreement to develop its own mobile payment service called LG Pay. LG, which signed the agreement with South Korea’s largest and second-largest credit card firms Shinhan Card Co Ltd and KB Kookmin Card Co Ltd, did not give a timetable or description of its planned […]
It wasn’t that many years ago that Facebook had its aha moment — when it realized that mobile was the way forward for advertising. Flash forward to today, and mobile advertising makes up 78 percent of the social network’s total advertising revenue. Advertising makes up almost all of Facebook’s income. The mobile advertising revenue represents a 73 percent uptick […]
Video game maker Activision Blizzard will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9 billion, as the heavyweight of console and PC-gaming makes a major push into the faster-growing mobile market. The deal is one of the biggest in the industry in recent years, more than twice the size of Microsoft Inc’s $2.5 […]