Xiaomi plans buyback of $1.5B worth watered stocks

As a major step to arrest stock tumbling, Xiaomi Corp (1810.HK) announced…

OYO acquires Danish data science firm Danamica for $10 million

OYO, on Monday, announced the acquisition of Danamica, a Danish data science…

Tiger Global increases stake in Flipkart, acquires equity from co-founder Binny Bansal

Tiger Global has initiated yet another round of increasing stake in one…

Amazon and Baidu lead the global smart speakers race, Google drops to 3rd spot

Technology analysis and research firm Canalys has published its latest report on…

Why Gas Stations Nationwide Are Switching to LED Lights

There are several important concerns that every gas station faces in their…

IBM and India’s Tata join Hedera Hashgraph’s governing council

Hedera Hashgraph, a public distributed ledger platform for building decentralized applications, announced…

Uber shares tumble as company posts $5B+ loss in a single quarter

This is more like a “it was written on the wall” kind…

China warns India of reciprocal sanctions if the latter blocks Huawei: Report

As US-China trade war deepens, something that originated with Huawei, China has…

Razorpay acquires Thirdwatch — makers of AI driven fraud prevention tech, for undisclosed amount

Mastercard-backed digital payments upstart Razorpay, has announced its first acquisition today. The…

Samsung sees 6% growth in smartphone shipments in Q2’19, despite global slump

Market research firm Canalys has reported a 2% drop in the global…

RuPay passes 1 billion transactions milestone in FY 2019

Rupay, India’s domestic debit and credit card payment network promoted aggressively by…

Samsung reports 56% drop in profits in Q2 2019 dragged by data center business, low iPhone sales

Things aren’t as bright and shiny as they used to be for…

Apple’s Q3 revenue up as wearables and services perform, iPhone sales decline

Apple has come with, expected decline in financial numbers for the second…

Grab to invest $2 billion in Indonesia’s digital economy through SoftBank

So whenever there’s a mention of massive capital in South-east Asia, it…

Amazon could soon debut into India’s online food delivery space: Report

India’s already heated up food delivery space could soon see a new,…

WeWork plans an IPO soon as September: Report

WeWork is planning its IPO in September, earlier than many investors had…

Alibaba opens its platform to small businesses in the US

The US-China trade war may continue to linger on for some time…

Oyo founder Ritesh Agarwal will buy back shares in the company in a $2Bn round

Confirming previous reports, Oyo founder Ritesh Agarwal, via Cayman Islands-registered company RA…