Business China News Startups 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… Staff@The Tech PortalApril 18, 20202 minute read
Business News Startups Uber withdraws 2020 bookings and revenue guidance Uber, in a statement released to the press today, announced that it… Staff@The Tech PortalApril 17, 20202 minute read
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… Sajid SaleemApril 16, 20202 minute read
Apps Business News 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… Shalabha SarathApril 16, 20202 minute read
Business News Startups 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… Staff@The Tech PortalApril 14, 20202 minute read
Business Culture & Policy News 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… Upneet SinghApril 14, 20202 minute read
Business News Startups Softbank projects Vision Fund losses at a staggering $24 Billion In what seemed almost certain, Japanese tech behemoth Softbank announced today, that… Staff@The Tech PortalApril 14, 20202 minute read
Business News PC shipments fall 8% in Q1 2020 despite rise in demand Perhaps the biggest long lasting effect of coronavirus on the world, except… Upneet SinghApril 13, 20202 minute read
Business News 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… Upneet SinghApril 11, 20202 minute read
Business News Startups Sony invests $400 million in China’s Bilibili for a 5% stake Sony has recently announced that it has invested $400 million in China… Upneet SinghApril 10, 20202 minute read
Business News Startups 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… Upneet SinghApril 8, 20202 minute read
Business News WeWork sues Softbank for its $3 billion share purchase walkout WeWork, as anticipated, is suing Japanese tech conglomerate Softbank, for the latter’s… Upneet SinghApril 7, 20202 minute read
Business News Chip sales likely to boost Samsung revenues even as smartphone sales plummet Samsung Electronics has released its first earnings guidance for the year and… Sajid SaleemApril 7, 20202 minute read
Business News 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… Upneet SinghApril 7, 20202 minute read
Business News Startups OYO invokes “force majeure” clause, ceases all payments to partner hotels: Report After OYO raised concerns over declining business last week, asking its partner… Upneet SinghApril 3, 20202 minute read
Business News 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… Staff@The Tech PortalApril 2, 20203 minute read
Business News Xerox is dropping its $35 billion hostile takeover bid for HP Bringing an end to perhaps one of the most storied hostile takeover… Staff@The Tech PortalApril 1, 20202 minute read
Business News 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… Sajid SaleemandShalabha SarathMarch 31, 20202 minute read
Business News Huawei posts a 5.6% increase in yearly profits in the US despite trade ban Ever since the Chinese telecom giant Huawei was blacklisted by the US… Sajid SaleemMarch 31, 20202 minute read
Business News Tesla sales set to plummet after record-breaking 2019 COVID-19 has totally crippled humanity, both socially and economically. The world has… Sajid SaleemMarch 31, 20202 minute read
Business News Startups Ola CEO forgoes annual salary, company to put in ₹20 crores (~$2.6M) to support driver partners Ola, India’s biggest ride hailing platform, has come up with another plan… Upneet SinghMarch 29, 20203 minute read