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Business

3234 posts
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 boosts iPhone output with acquisition

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…
EU steps up DMA scrutiny of Google

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 Booth at an event

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…
Zoom Office

Zoom announces $100 million fund for up and coming startups using Zoom toolsets

Zoom became a household name when the pandemic raged throughout the world…
boAt

India’s boAt gets Qualcomm as investor for a global consumer electronics scale-up

boAt, a company that emerged out of nowhere and took the Indian…

Amazon announces new $250 million venture fund focusing on Indian SMEs

With India emerging as one of the biggest internet markets in the…
Flipkart

Flipkart acquires Cleartrip in signs of a big scale-up in travel industry

Flipkart is looking to expand its services as it continues to compete…
Coinbase

Coinbase lists on Nasdaq at a near $100Bn valuation, shares opened at $381/share

As cryptocurrencies continue to boom, the tech has finally (maybe?) made its…
Fave App

Merchant commerce unicorn Pine Labs acquires fintech platform Fave for $45 million

The digital payments market received an unprecedented boost in 2020 when the…
Microsoft

Microsoft acquires healthcare and speech to text software giant Nuance for $19.7Bn

Microsoft has announced that it is acquiring speech to text software giant…