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IT & Web-tech

1311 posts

With an eye on Flipkart and Amazon, Asia’s richest man enters Indian e-commerce with online grocery platform ‘Jiomart’

Reliance Industries, the over $150Bn+ valued Indian business behemoth that is behind…

Amazon leads the S&P 500 list after its ‘record’ holiday sales

We all get a little lavish around the holidays. After all, it’s…

Twitter bug allowed to match 17 million phone numbers with accounts

Looks like this year isn’t ending without yet another data leak story.…

China’s JD.Com’s logistic unit taps banking partners for $10 billion Hong Kong IPO

JD.com is the second largest Chinese E-commerce company after Alibaba. And with…
Lenskart

Lenskart scores $231M in a Series G round led by Softbank Vision Fund 2 at a $1.5B valuation

India’s Lenskart, an online retailer of spectacles, sunglasses and literally all things…

Facebook is reportedly developing its own OS to power company’s hardware products

The excessively dynamic nature of tech ensures that most companies have to…

Facebook acquires Madrid-based cloud gaming startup PlayGiga

Facebook has acquired Madrid based cloud gaming startup PlayGiga, making it a…

Amazon restricts third party sellers in the US to use FedEx as a delivery partner on prime orders

Amazon has announced that they are restricting the ability of third party…
Oculus Medium

Facebook sells Oculus Medium VR sculpting platform to Adobe

Facebook has confirmed that the company is selling Oculus Medium to Adobe.…

Flipkart leads $60 million round in hyperlocal logistics startup ‘Shadowfax’

The Amazon vs Flipkart ecommerce battle in India is heating up. Walmart owned…

Cyber Monday reels in $9.2B of online sales in the US

Cyber Monday might soon surpass Black Friday in terms of sales. For…

In a first, Facebook controversially issues corrective label on user’s post under Singapore fake news law

Facebook said today, that it has now issued a correction notice on…

Amazon tells US Congress that it uses aggregated seller data to develop its own products

In order to boost its business in third-party marketplace, Amazon acknowledged to…

Jeff Bezos to visit India in January, focus on new Govt. regulations and protests from small and medium businesses: Report

Amazon’s founder and CEO, Jeff Bezos will be visiting India in January,…

Facebook removed a staggering 3.2 billion fake accounts, along with millions of posts on child abuse, suicide, drugs and terrorism

When you own, control and operate over three quarters of the world…

Disney launches its official streaming service amidst technical issues

In the world of entertainment, Disney is not just a name but…

Snapdeal looks to raise $100Mn at a $800Mn – $1.2Bn valuation: Report

From being at the brink of a virtual wipe-out from the rather…

Alibaba hits a record $23.1Bn in Singles’ Day sales in first nine hours

Setting yet another Singles’ Day record, Chinese e-commerce behemoth Alibaba has announced…

Google introduces incognito mode in Maps for Android users

Being able to browse through the internet without leaving any trace is…