Business Electric News Tesla vehicle factory to remain shut following California County orders San Francisco County Health Department announced that Tesla Inc “must not reopen”… Arshnoor KaurMay 9, 20202 minute read
Business Cloud Computing News Microsoft plans $1.5 billion investment in developing its latest cloud datacenter region in Italy Companies are adapting to the coronavirus by shifting their work “online”, ushering… Upneet SinghMay 9, 20202 minute read
Business News Uber posts record jump in bookings, but losses widen to $3Bn Uber released its first quarter performance results on Thursday, which included a… Ayush JainMay 8, 20202 minute read
Business News Venture Capital Reliance Jio raises another $1.5Bn at a $65Bn valuation from Vista Equity Partners Continuing to defy the general economic statement during these coronavirus time, the… Staff@The Tech PortalMay 8, 20202 minute read
O2 and Virgin Media merge UK operations in a historic $39B deal, set to reshape UK’s telecom industry Spain’s Telefonica and U.S tycoon John Malone’s cable group Liberty Global are… Shalabha SarathMay 7, 20202 minute read
Business News PayPal clocks record surge in transactions amid profit plunge, expects growth to rebound in second quarter As Social Distancing becomes a fibre within our lives due to the… Ayush JainMay 7, 20202 minute read
U.S. forced to draft new rule allowing U.S. firms to engage with Huawei for setting 5G standards: Report It is common knowledge at this point that U.S. and China aren’t… Upneet SinghMay 7, 20202 minute read
Apps Business News Startups Uber to lay off 3700 from its workforce to cut losses in wake of COVID 19 pandemic Uber, the company that took the world by force and practically invented… Upneet SinghMay 6, 20202 minute read
Business Gadgetry News Xiaomi launches ‘Mi Commerce’ platform in India to make up for lost sales The smartphone industry in India has taken a hit due to the… Upneet SinghMay 5, 20202 minute read
Business Culture & Policy News Freshworks appoints SaaS veteran Tyler Sloat as new Chief Financial Officer Inching closer to going pubic, California based software giant Freshworks Inc. has… Ayush JainMay 5, 20202 minute read
Business News Uber, Ola, Amazon and Flipkart resume regular services in orange and green zones as India eases lockdown While the Indian populace continues to live in lockdown, the third extension… Shalabha SarathMay 4, 20202 minute read
Business Consumer Tech News Venture Capital Private Equity firm ‘Silver Lake’ invests $748M in Reliance Jio at a $65B valuation Silver lake management, one of the largest and oldest known technology investment… Staff@The Tech PortalMay 4, 20202 minute read
Business Gadgetry News Coronavirus hit smartphone industry records 13% decline in Q1 2020 shipments A fresh report from research firm Canalys suggests, that the smartphone market… Upneet SinghMay 2, 20203 minute read
Business News Tesla shares tank over 10% after Elon Musk tweets stock price is “too high” So we get to see this every once in a while. An… Staff@The Tech PortalMay 2, 20202 minute read
Business Internet News India allows non-essential ecommerce deliveries, cab services in orange and green zones amid extended lockdown In view of rising coronavirus cases in certain select regions in the… Upneet SinghMay 1, 20202 minute read
Business News Apple records increased services revenue at $13.3Bn, but iPhone sale withers While the coronavirus pandemic tests the supply chains and systems resilience across… Shalabha SarathMay 1, 20202 minute read
Business News Reliance Jio Q4’19-20 revenue up 26.6% on an yearly basis to $2 Billion, subscriber count at 388 million Reliance Jio, India’s largest telecom company by subscriber base, and the biggest… Staff@The Tech PortalApril 30, 20202 minute read
Business News Softbank to book more loss due to an additional $6.6Bn write down of WeWork investment It seems the WeWork pain is seemingly endless for Softbank. After already… Staff@The Tech PortalApril 30, 20202 minute read
Business Internet News Twitter books loss in Q1’20, clocks 24% Y-o-Y growth in monetizable daily active usage Twitter has announced its earnings for the first quarter of 2020, and… Staff@The Tech PortalApril 30, 20202 minute read
Business Electric News Tesla reports yet another profitable quarter, shares surge despite Musk’s ‘fascist’ comment on lockdowns Tesla posted yet another profitable quarter, a signal towards how fast the… Upneet SinghApril 30, 20203 minute read
Business News Microsoft posts 15% growth in revenues year-on-year, shares surge Amid major tech earnings reported today, Microsoft is among them as well.… Staff@The Tech PortalApril 30, 20202 minute read
