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, 2020
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, 2020
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, 2020
Byju’s raising fresh capital at a $10B valuation: Report One sector that has seen unprecedented surge in growth and usage during… Staff@The Tech PortalMay 2, 2020
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, 2020
Apps Internet News Facebook now has a combined monthly user base of over 3 billion While announcing its quarterly financial numbers, Facebook also gave us a pretty… Upneet SinghMay 1, 2020
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, 2020
Apps Internet News ‘Meet’ JioMeet, the newest video conferencing app from Reliance With security concerns continuing to plague Zoom and relative unpopularity of alternatives… Upneet SinghApril 30, 2020
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, 2020
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, 2020
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, 2020
Apps Internet News Zoom admits to having misreported its ‘300 million’ daily active users mark: The Verge Zoom, the embattled video conferencing app, has admitted to having misreported numbers… Staff@The Tech PortalApril 30, 2020
Culture & Policy Internet News As Mark Zuckerberg praises lockdown efforts, Elon Musk terms it “fascist” Much like the American populace, two Silicon Valley billionaires have had starkly… Shalabha SarathApril 30, 2020
News Tiktok crosses 2 billion downloads Short form video is surely here to stay, at least from the… Shalabha SarathApril 30, 2020
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, 2020
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, 2020
Business Internet News Facebook posts revenue growth in Q1’20 but ad revenues decline, defers Q2 guidance Its earnings season folks, and we have some relatively good news from… Staff@The Tech PortalApril 30, 2020
China Electric News Startups Chinese EV startup NIO announces $1Bn fundraise from a group of state-owned companies in China NIO, the now embattled Chinese electric vehicles startup that was once considered… Staff@The Tech PortalApril 29, 2020
Apps Internet News Google makes ‘Meet’ free for everyone starting next week As big as Zoom has become in the last couple of months,… Upneet SinghApril 29, 2020
Business Internet News Google-parent Alphabet beats Q1’20 earnings estimates, but warns of a ‘difficult’ 2nd quarter Despite the growing traffic on places such as Facebook and Google, ad… Upneet SinghApril 29, 2020
Culture & Policy News After 7 years at Uber, tech chief Thuan Pham steps down Uber’s Chief Technology Officer Thuan Pham has resigned, effective May 16th, the… Shalabha SarathApril 29, 2020