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WeWork sues Softbank for its $3 billion share purchase walkout

WeWork, as anticipated, is suing Japanese tech conglomerate Softbank, for the latter’s…

Human trials for a second potential COVID-19 vaccine begin in the US

Appearing to be a competent participant in the global race to produce…

Airbnb announces $1 billion debt+equity fundraise, to focus on ‘Experiences’ and long-term stays

While the hospitality industry takes a beating due to the ongoing coronavirus…
Uber integrates metro ticketing via ONDC

After BigBasket, Uber will now help Flipkart in delivering essential items

Uber India has tied up with e-commerce giant Flipkart to help deliver…
Swiggy

Swiggy lands $43 Million as a part of Series I round from a group of Korean investors

Ever since India imposed a nationwide lockdown, e-commerce companies have found it…
Twitter

Twitter suspends 20,000 accounts linked to Saudi, Serbian and Egyptian governments

Twitter has announced that it has removed 20,000 accounts from its platform…

Google shares data on how people movement has changed in cities amid coronavirus pandemic

Tech Giant Google on Thursday released locational data for users in over…
Oyo

OYO invokes “force majeure” clause, ceases all payments to partner hotels: Report

After OYO raised concerns over declining business last week, asking its partner…

YouTube reportedly developing a Tik Tok rival called ‘Shorts’

Love it or hate it, there is no denying the popularity of…
softbank

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…

Xerox is dropping its $35 billion hostile takeover bid for HP

Bringing an end to perhaps one of the most storied hostile takeover…

Yet another information breach at Marriott results in leaking of data for 5.2 million guests

In its second information breach in three years, global hospitality chain Marriott,…
Huawei Logo

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…
Tesla

Tesla sales set to plummet after record-breaking 2019

COVID-19 has totally crippled humanity, both socially and economically. The world has…

Medtronic is making its portable ventilator design and software available for free to all

Medtronic, the Dublin-based medical equipment maker which was in the news for…

Tiger Global was on a share purchase spree in TikTok parent Bytedance since 2018, current valuation at around $90Bn: Report

In a testament to TikTok’s (and perhaps the short format video) popularity,…

The US FDA approves Battelle’s decontamination system for N95 masks that makes them re-usable

In a rather action-packed week from the US FDA, the drug regulator…
WhatsApp

WhatsApp tests limiting the length of videos in ‘Status Update’ to 15 seconds in India

Following measures announced by streaming companies last week, Whatsapp is now testing…

Abbott announces new COVID 19 test that delivers results in minutes

In a major breakthrough in the global fight against coronavirus, Abbott Laboratories…