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Uber commences limited, ‘essential’ services in five Indian cities

Uber announced yesterday, that it will restart limited service in five Indian…

India withdraws permission to ecommerce companies for delivering non-essential goods during coronavirus lockdown

In a move that could act as a body blow to some…

Cognizant falls victim to the notorious maze ransomware attack

IT solutions provider Cognizant is the latest victim of the notorious maze…

India’s new FDI policy requires govt. approval for all Chinese investment in Indian companies, including startups

In a move that is aimed at restricting “opportunistic investments” from Chinese…

Google to slow down hiring in 2020 as it looks to realign spending to “fewer strategic areas”

COVID-19 is turning into a massive black hole that is gulping in…

Facebook and India’s Reliance Industries to jointly build a new WeChat-like ‘super-app’: Report

An app along the lines of China’s WeChat may be imminent in…
Paytm logo on a tent roof

Paytm subsidiaries could get listed soon, parent company IPO still far, says founder Vijay Shekhar Sharma

Paytm, unarguably, is one of those early Indian startups, which paved the…
amazon logo

Amazon to hire 75,000 more workers to meet increased demand due to coronavirus

As consumers rush to online retailers to get most of the stuff…

Softbank projects Vision Fund losses at a staggering $24 Billion

In what seemed almost certain, Japanese tech behemoth Softbank announced today, that…
lenovo

PC shipments fall 8% in Q1 2020 despite rise in demand

Perhaps the biggest long lasting effect of coronavirus on the world, except…
Tesla sales fall again, challenges persist

Tesla to furlough sales and delivery employees based on experience as coronavirus tightens grip in the US

A few days after Tesla announced a furlough campaign in an email…
sony

Sony invests $400 million in China’s Bilibili for a 5% stake

Sony has recently announced that it has invested $400 million in China…
Oyo

OYO is laying off more in the US, citing coronavirus outbreak as the reason: Report

OYO, which is fresh off from some recent layoffs, is back to…

WeWork sues Softbank for its $3 billion share purchase walkout

WeWork, as anticipated, is suing Japanese tech conglomerate Softbank, for the latter’s…

Chip sales likely to boost Samsung revenues even as smartphone sales plummet

Samsung Electronics has released its first earnings guidance for the year and…
IBM

Paul Cormier to take over as President and CEO at Red Hat as Jim Whitehurst moves to IBM

IBM family is in for a lot of major changes, as Ginni…
Oyo

OYO invokes “force majeure” clause, ceases all payments to partner hotels: Report

After OYO raised concerns over declining business last week, asking its partner…
softbank

Softbank abandons $3 billion WeWork tender offer to buy Adam Neumann’s, investor shares

Troubled Japanese tech conglomerate Softbank, has announced via a statement, that it…

Xerox is dropping its $35 billion hostile takeover bid for HP

Bringing an end to perhaps one of the most storied hostile takeover…
Airtel launches India-built cloud platform

After BSNL, Airtel and Vodafone extend plan validity for migrant and daily-wage workers amid coronavirus lockdown

Telecom operators Airtel and Vodafone have extended the validity of connections for…