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Business

3120 posts

Airbnb could soon make its IPO registration public: Report

American home and hotel rental giant Airbnb, plans to make its IPO…

Festive season helps Samsung revive its consumer electronics sales in India

Since India went into lockdown in March this year due to the…
ByteDance

ByteDance to invest $170m into Chinese e-book reader Zhangyue

TikTok’s parent company, ByteDance, has agreed to invest in one of China’s…
Reliance

Saudi Arabia’s PIF acquires a 2.04% stake in Reliance Retail for $1.3 billion

Reliance Retail Ventures Limited is raising huge amounts of capital (just like…
Blue Origin

Jeff Bezos sells over $3B worth of Amazon stock this week, total sell off crosses $10B this year

Jeff Bezos, the founder and CEO of Amazon.com, Inc, has sold $3…
Qualcomm set to acquire Alphawave

Qualcomm stock surges after Q4 2020 results beat estimates with $6.5bn in revenue

The San-Diego-based tech giant, Qualcomm Inc reported its earnings for the quarter…
SoftBank invests in Intel turnaround effort

Intel acquires Israeli AI startup Cnvrg.io, an ML platform that helps build and deploy AI models at scale

Intel has publicly made it clear that its focus now completely lies…

China suspends Alibaba-owned Ant Group’s $34Bn dual IPO

Last month, Ant Group had announced the biggest stock debut made by…
Flipkart

Flipkart acquires gaming startup Mech Mocha in a bid to bolster its own gaming portfolio

Flipkart, one of the largest e-commerce firms in India, is looking to…
PhonePe

PhonePe surpasses Google Pay, becomes the leading UPI app in India with 835 million transactions in October

UPI, a service that was introduced in India just a few years…
Fedo

AI-powered Insurtech platform Fedo gets $1Mn in Pre-Series A led by Unicorn Ventures

A Bangalore-based insurtech startup, Fedo, has raised $1 million in its pre-series…
TikTok

TikTok inks a new deal with Sony Music Entertainment

The short-form video platform, TikTok, has announced the renewal of its agreement…
Paytm logo on a tent roof

Paytm plans expansion of Postpaid service as it reaches 7Mn customers

Paytm, one of India’s leading digital financial services companies, on Monday, said…

Future Retail says Singapore court order on Reliance deal not enforceable under Indian law

Amazon won an injunction on Oct 25 from the Singapore arbitrator to…
Reliance

Reliance reports a massive Q2 with $17.4 billion in revenue, Jio rake in $2.37B

Reliance, India’s biggest company, owned by India’s richest man, has had a…

Samsung overtakes Huawei while global smartphone market declines by 1% in Q3 2020: Report

Samsung has dethroned Huawei to become the leader in the global smartphone…
Twitter Logo

Twitter sees 14% revenue increase as advertising returns, but user growth remains unimpressive

Twitter’s technological performance might have suffered this last quarter (with multiple shutdowns…
Apple

Apple notes its most profitable Sept quarter with $64.7 billion in revenue, but late iPhone launch hits hard

Apple has seen growth, the likes of which we have never seen…
Google

Alphabet reports strong Q3’20 numbers as advertising growth comes back to Google

After a slump in the second quarter of this year, primarily due…

Facebook reports $21.5B Q3’20 revenue, 22% YoY growth largely due to pandemic advertising surge

It is that time of the quarter. Big tech companies are reigning…
Spotify

Spotify outperforms expectations backed by growth in premium subscriber user base in Q3’20

One of the most popular music streaming services in the world, Spotify,…