Deep Nishar spends more time roaming university hallways than he does corporate boardrooms. A former electrical engineer who helped develop Google’s mobile phone business and grow LinkedIn’s users from 30 million to half a billion, Nishar is exactly the sort of industry specialist that SoftBank Group CEO Masayoshi Son wants for his new $100 billion […]
Flipkart has been named the top employer followed by Amazon and KPMG India in the second and third place respectively, according to a list compiled by internet professional network LinkedIn. Others in the top 10 of LinkedIn Indias most sought- after employers list include One97 Communications at the fourth place, Ola (5th), HCL Technologies (6th), […]
Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up. This is Softbanks largest investment in a single company in India. While both the companies have declined to comment on the valuation, market […]
After months of delay, Paytm is now all set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India (RBI). “Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23, 2017,” it said in […]
Twitter has started using a trendy type of artificial intelligence to figure out which tweets to show on the timeline of its over 300 million monthly active users. The popular micro-blogging site is evaluating and scoring thousands of tweets per second to determine what is worth recommending on timelines, taking into consideration an increasing number […]
After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan’s SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups. According to sources with direct knowledge of the matter, the solar-to-tech conglomerate is seeking to secure […]
The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc’s use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said. Uber has acknowledged the software, known as “Greyball,” helped it identify and circumvent government officials who were trying to clamp down […]
India is set to launch its Geostationary Communication Satellite (GSAT-9), the South Asia Communication Satellite, that will boost connectivity among nations in the region. Prime Minister Narendra Modi had announced that the South Asia Satellite would be India’s “priceless gift” to its neighbouring countries on his Mann ki Baat programme on Sunday. The satellite, which […]
Social networking giant Facebook has rolled out in India, its Express Wi-Fi service that offers Internet facility through public hotspots to users in rural parts of the country. The commercial roll out of the project comes a year after Facebook pulled the plug on the controversial Free Basics programme that drew severe criticism from advocates […]
City based apparel seller Rajdhani Cotton has filed a complaint with Delhi Police against Jasper Infotech Private Limited, which runs e-commerce firm Snapdeal, and its founders Kunal Bahl and Rohit Bansal, for alleged non-payment of dues to them. Speaking to Pixr8 here, one of the promoters of Rajdhani Cotton, Rajat Gupta, said, “We have lodged […]
Scientists in the US have created the most detailed digital map to track the changing racial diversity of every neighbourhood in the country. Researchers from University of Cincinnati (UC) in the US applied NASA map making techniques to 20 years of data collected by the US Census Bureau to build one of the most detailed […]
App-based car service provider Uber India has approached the Bombay High Court seeking Rs 12 crore in damages from taxi owners and drivers associations for harming its reputation and livelihood of drivers by protesting against the company. In its suit, Uber India Systems Pvt Ltd also sought an injunction restraining the defendants from stopping Uber […]