Startups UPI-based payments platform BharatPe reports $3.2M in FY19 losses with little revenue Highlighting the rather unsuccessful business model that UPI is, online payments platform… Jeet SutharDecember 24, 20192 minute read
Business Electric Tesla rival EV maker Rivian bags another $1.3 billion for its electric pickups and SUVs Rivian, an out of the box startup that aims to bring all… Upneet SinghDecember 24, 20192 minute read
Business Global Startups Japanese banks have reportedly declined $3B lending to SoftBank for its mega WeWork bailout SoftBank has reportedly hit a roadblock on its way to provide liquidity… Upneet SinghDecember 23, 20192 minute read
Google fined $166M by French competition regulator for unclear advertisement rules In the first major amid possibly many such fines coming Google’s way,… Upneet SinghDecember 21, 20192 minute read
Internet Security Facebook updates user privacy settings, numbers will no longer be used for friends suggestions Amid a long drawn controversy over how facebook uses your phone number… Upneet SinghDecember 20, 20192 minute read
E-commerce Startups 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… Staff@The Tech PortalDecember 20, 20192 minute read
Facebook Gadgetry 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… Jeet SutharDecember 20, 20192 minute read
Business Culture & Policy Startups OYO to reportedly lay off 2000 employees by February 2020 OYO, the multi-billion dollar Indian hotel aggregator upstart, may finally be showing… Upneet SinghDecember 19, 20192 minute read
Culture & Policy Uber agrees to pay $4.4 million for settling federal sexual harassment probe Uber is settling a charge made against the company in 2017 from… Jeet SutharDecember 19, 20192 minute read
Futurism Space Europe’s space agency launches a dedicated satellite to study exoplanets While the likes of SpaceX, NASA and India’s ISRO are generally the… Upneet SinghDecember 18, 20192 minute read
Business Startups WeWork fetches mega $1.75B financing deal from Goldman Sachs Goldman Sachs has pledged to bail out WeWork by introducing a line… Upneet SinghDecember 18, 20192 minute read
Futurism Space SpaceX successfully launches yet another Falcon rocket, recovers booster but misses on fairing In a show of consistency that SpaceX has finally come achieve, Elon… Staff@The Tech PortalDecember 17, 20192 minute read
Culture & Policy Internet Netflix clocks $1 billion in revenue from Asia Pacific, in nine months of 2019 Netflix has asserted it’s dominance as the leading streaming platform around the… Upneet SinghDecember 17, 20192 minute read
Business Cloud Computing Intel is acquiring Israel-based AI chipmaker Habana Labs for $2 Billion Intel is continuing with its massive tech acquisition spree. The American chipmaker… Global Staff @ The Tech PortalDecember 17, 20192 minute read
Business India’s EaseMyTrip files papers with SEBI for ₹510 crore IPO Online travel company EaseMyTrip has filed draft papers with SEBO to float… Jeet SutharDecember 16, 20191 minute read
Acquisitions Business Uber to sell India business of UberEats to Zomato: Report Expanding its business from just cab-hailing to food delivery, Uber launched the… Jeet SutharDecember 16, 20192 minute read
Electric Futurism U.S. is probing 12th Tesla crash related to possible Autopilot use While companies like Tesla and Uber are selling the dream of autonomous… Jeet SutharDecember 14, 20192 minute read
Apps Internet Youtube Music outperforms Gaana, JioSaavn, Spotify and others in India : Report Amid India’s intensifying media streaming wars, Youtube’s paid music app ‘Youtube Music’… Staff@The Tech PortalDecember 13, 20192 minute read
Business Internet Startups Reliance Industries acquires majority stake in NowFloats for $20 million Indian business conglomerate Reliance Industries, owned by Asia’s richest man Mukesh Ambani,… Upneet SinghDecember 13, 20192 minute read
Business Samsung to invest $8 billion in its China chip producing plant Samsung electronics is planning to invest $8 billion in it’s chip building… Upneet SinghDecember 12, 20191 minute read
Internet Netflix is testing cheaper yearly subscription plan in India Netflix is beefing up its India offerings a notch up, with plans… Jeet SutharDecember 12, 20192 minute read
