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Business

3074 posts
Oyo

OYO shortens work week to 4 days, allows employees to avail infinite no-reasons-asked paid leaves till July

In a bid to protect its employees and customers from the raging…
softbank

Back from the dead: SoftBank records highest quarterly profit of $17.7Bn by a Japanese company till date

Let’s go back one year, to the start of the COVID 19…
Apple

iPhone production at Foxconn’s India facility halved due to rising COVID 19 threat: Report

Apple started assembling iPhones in India just a little while ago, and…
Flipkart

Flipkart in talks to raise $1 billion in pre IPO funding: Report

After 2020 caused a lot of damage to various sectors and industries,…
Twitter Logo

Twitter acquires Scroll, a news app that provides clutter free, ad-free access to quality journalism

In a bid to make its subscription service more robust, social media…
Discord

Sony to integrate Discord services into PlayStation; acquires minority stake

Sony Inc. has announced a brand new way to make its PlayStation,…
Jio and SpaceX to bring Starlink to India.

Reliance Jio posts $480 Mn profit in Q1’21, 2nd COVID-19 wave leads to revenue loss

Reliance Jio, the tech/telecom arm of the biggest company in India, has…
Amazon

Amazon breaks all estimates with $108.5 Bn Q1’2021 revenue, expects even better Q2

The COVID-19-fueled momentum continues for e-commerce behemoth Amazon, as people continue to…

Samsung tops global smartphone shipments in a quarter that saw 347 Mn units being sold

With the worst of the pandemic over, at least outside India (or…
Tata

CCI approves Tata’s acquisition of BigBasket, paving way for its super app

It’s long been rumored that Tata is stepping up to the e-commerce…
Facebook

Facebook revenue surges to $26.17 Bn, thanks to higher priced ads

The tech industry boomed over the last few months, as is evident…
Apple

Apple records increased sales across all products in “blowout quarter”, revenue up 53.7% at $89.58 billion

With the March quarter of 2021 having wrapped up, tech companies are…
Google ends Instant Apps, low usage

Alphabet Q1 2021 revenue surges 34% to $55.3Bn, YouTube Shorts become major hit

Google, or as it is more commonly known among the ‘e-tribe’- the…
Microsoft cuts nearly 7,000 jobs amid restructuring

Microsoft records biggest quarterly rise in revenue since 2018 at $41.7Bn

The global PC market may be going through a shortage of chips…
OneWeb

Airtel backed OneWeb raises $550Mn from Eutelsat to compete with SpaceX’s Starlink

OneWeb, the global communications company with a vision to make broadband internet…
Smartphone

Q1’21 smartphones sales up by 11% in India, but second COVID 19 wave threatens Q2 performance: Canalys

The first quarter of the fiscal year 2021 (Q1 2021) saw an…
Zomato

Zomato files DRHP to start IPO process, set to raise $1.1Bn, Info Edge to sell stake worth nearly $100Mn

When was the last time you called/visited a restaurant to get takeout?…
Tesla deliveries fall, stock declines sharply

Tesla revenue jumps 74% to $10.39Bn, bitcoin gambles pays off well

Elon Musk’s Tesla, which, by the way, is the most valuable car…
Snapchat

Snap saw 66% rise in sales over Q1 2021, Snapchat shows strong growth outside US

Snap Inc, the parent company of popular social media platform Snapchat, had…
Netflix

Netflix witnesses fall in subscriber growth in Q1 2021, blames shortage of new content

Staying home and watching your favorite films and shows with a bowl…