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Business

3236 posts
PC

PC shipments to fall 7% in 2020, but worst is behind us: Canalys report

Even though people are using computers more than ever before, worldwide PC…
Flipkart

Government rejects Flipkart’s food retail business application due to regulatory issues

In a setback to Walmart-owned Flipkart, India’s department for promotion of industry…

Herman Miller cuts 300 jobs Amid Covid-19 Pandemic

U.S. furniture manufacturer Herman Miller announced that 300 workers would be losing…

Indian airline Spicejet’s ‘SpiceXpress’ recieves government approval for drone trials

Spicejet‘s freighter arm SpiceXpress has received the Indian aviation regulator DCGA’s (Directorate…
Apple

Apple buys Ontario based Inductiv for its tech that automates error corrections in ML input data feeds

Apple, the company that gave the world iPhones and Mac computers, has…

How UX & UI can help your business grow?

User Experience and User Interface are fundamental elements in the development of…

After Facebook-Jio deal, Google eyes stake in Vodafone Idea while Microsoft explores Jio: Reports

Looks like an otherwise battered Indian telecom market (except Jio ofcourse), has…
softbank

Softbank Vision Fund to lay off 10% of its workforce following historic losses

Following a $17.7 billion loss amid crumbling valuations of portfolio startups, Softbank…
China’s private space sector accelerates

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…
IBM

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…

Alibaba says “steady recovery since march” as earnings beat expectations

Alibaba Inc., China’s crown jewel, managed to soar above market estimates, and…
Amazon Prime

Amazon India opens up 50,000 contractual jobs as ecommerce demand surges

In stark contrast to the overwhelming figures of company layoffs, Amazon India…
redmi 4

Xiaomi beats analysts’ forecasts, registers 13.6% growth in Q1 2020 revenue

Chinese smartphone manufacturer Xiaomi has been able to rise above the odds,…

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…

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…
Walmart denies report on TikTok bid.

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,…

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…
Huawei Logo

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…

Swiggy to lay off 1100 employees as COVID-19 blunts hospitality

Covid 19 has crippled the foundation of the economical world as it…