Business News U.S. puts 33 Chinese companies in its “entity list” over China’s “high technology surveillance” on Uighur Muslims The perpetual feud between U.S. and China has registered yet another attack… Upneet SinghMay 23, 2020
Business Culture News IBM reportedly laying off “thousands” of employees amid strategic refocus towards cloud IBM’s bets in the past have not really landed very well. The… Upneet SinghMay 23, 2020
Business News Alibaba says “steady recovery since march” as earnings beat expectations Alibaba Inc., China’s crown jewel, managed to soar above market estimates, and… Upneet SinghMay 23, 2020
Business Culture News Amazon India opens up 50,000 contractual jobs as ecommerce demand surges In stark contrast to the overwhelming figures of company layoffs, Amazon India… Shalabha SarathMay 22, 2020
Business News Venture Capital KKR joins Jio Platforms’ investor list, puts in $1.5B at a $65B valuation Less than a week after announcing a $870M investment from General Atlantic,… Staff@The Tech PortalMay 22, 2020
Business News Xiaomi beats analysts’ forecasts, registers 13.6% growth in Q1 2020 revenue Chinese smartphone manufacturer Xiaomi has been able to rise above the odds,… Upneet SinghMay 20, 2020
Apps Business Internet News Despite controversies, Tiktok parent Bytedance reportedly crosses $100Bn valuation mark in private markets Riding high on TikTok’s controversial yet surging popularity, the app’s parent company… Staff@The Tech PortalMay 20, 2020
Business Internet News Facebook announces ‘Shops’ to help small businesses build a digital storefront amid coronavirus lockdowns Facebook’s new intervention could help small businesses get some relief amid the… Shalabha SarathMay 20, 2020
Business News Walmart shuts Jet.com, Flipkart’s limited operations negatively impact growth in Q1 2020 In 2016, Walmart took over then e-commerce newbie Jet, for nearly $3.3B,… Arshnoor KaurMay 19, 2020
Business News SoftBank could sell $20Bn worth of T-mobile stake to pare Vision Fund losses: Report Softbank is reportedly selling part of its stake in T-Mobile through a… Shalabha SarathMay 19, 2020
Business News Huawei says “survival is the key word” as it prepares to take financial hit due to new U.S. ban The United States, world’s leading face for a capitalist country and the… Upneet SinghMay 18, 2020
Business News Startups Swiggy to lay off 1100 employees as COVID-19 blunts hospitality Covid 19 has crippled the foundation of the economical world as it… Upneet SinghMay 18, 2020
Business News Softbank records historic $18 Billion loss as startup investments crumble Softbank’s latest financial reports reveal an overall operating loss of 1.36 trillion… Shalabha SarathMay 18, 2020
Business News Startups Accenture acquires India’s Byte Prophecy for its AI powered business insights and data analytics solution IT major Accenture has announced the acquisition of Byte Prophecy, a little… Staff@The Tech PortalMay 18, 2020
Business News Jack Ma to step down from Softbank board In what would come as yet another setback to Softbank and Masayoshi… Staff@The Tech PortalMay 18, 2020
Business China News China asks US to stop Huawei’s “unreasonable suppression” amid US ban that threatens cut-off from global chip suppliers U.S. and China have been at each other’s throats from a while… Upneet SinghMay 18, 2020
Business Internet News Venture Capital General Atlantic invests $870 Million in Jio Platforms at a $65B valuation The Reliance Jio funding juggernaut isn’t stopping, at least anytime soon. Adding… Staff@The Tech PortalMay 17, 2020
Business News Startups Venture Capital Softbank bought back $2.3Bn worth of shares since March SoftBank Co. had started May 2019 with hopes in its eyes and… Upneet SinghMay 15, 2020
Business Internet News Amazon Prime video to globally premiere 7 highly awaited Indian movies, including Amitabh Bachchan’s ‘Gulabo Sitabo’ Amazon prime video has sealed a deal with 7 of the most… Arshnoor KaurMay 15, 2020
Business News TSMC will build a new $12Bn advanced semiconductor fab in Arizona, US In line with earlier reports of possible chip manufacturing factories from Intel… Staff@The Tech PortalMay 15, 2020
Business Electric News Alameda county could allow Tesla to open Fremont factory by next week amid Donald Trump’s backing Sun finally shines bright for Elon Musk, in a rather lone war… Arshnoor KaurMay 13, 2020
Business News Startups Uber is reportedly planning to take over Grubhub Uber is reportedly in talks to acquire GrubHub, according to a report… Staff@The Tech PortalMay 13, 2020
Business Gadgetry News Apple Airpods update: Might include head and neck detection, custom equalizer settings and more Rumors about upgraded Apple Airpods have been circling the Internet for a… Upneet SinghMay 12, 2020
Business Gadgetry News Smartphone shipments in China rise 17% in April amid potential post-coronavirus recovery signs Smartphone shipments in China have observed a growth of 17% in April… Arshnoor KaurMay 12, 2020
Business Culture Electric News Elon Musk violates California county orders, restarts Tesla plant in Fremont Tesla has restarted its only U.S. vehicle factory in Fremont this Monday,… Arshnoor KaurMay 12, 2020
