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Uber has created a bump in its tracks with Didi Chuxing, the global giant's arch rival in China buying out its operations there. The combined entity is now valued at $35 billion, according to news reports. The buyout is a jolt in…
Read More After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts
It takes one brain to dream of change but many a handful to turn it into a reality. Satya Nadella has done exceptionally well to dream up a new and improved Microsoft and steer the company strategy accordingly. However, the…
Read More All Eyes On Microsoft India: Will Anant Help Turn The Page?
Advertising powered Internet giant Alphabet Inc.’s revenue growth in the second quarter, as it has for years now. Revenue at Alphabet—Google’s parent firm, formed in 2015—rose 21% to $21.5 billion in April-June from a year ago. Advertising revenue reached $19.14 billion,…
Read More Google Continues To Ride High On Advertising In June Quarter
Indian e-commerce giant Flipkart, which has asked around 400 of its 33,000-strong workforce to leave the company on grounds of non-performance, said the move was in line with industry practices. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound…
Read More Layoffs Are In Line With Industry Practices: Flipkart
Amid concerns of Indian startups’ financial health, Flipkart – the country’s largest e-commerce firm – put 300-600 employees on a performance improvement plan that might result in layoffs. “Market correction has impacted e-commerce firms. This is beyond regular attrition. Downsizing…
Read More Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs
Nine years after Steve Jobs unveiled it before the world, Apple on Thursday said it had sold a billion of its iconic iPhones. Launched in 2007, the iPhone reinvented the mobile phone market, which, until then, was mostly dominated by…
Read More 1 Billion iPhones Sold: For The Next Billion, Apple Must Catch India’s Eye
Sure, Facebook increasing its quarterly profit to over $2 billion in the three months ended 30 June, a mere six months after it hit $1 billion is significant, but there’s something even more important in the numbers presented by the…
Read More Facebook Results Deliver More Bad News For Newspapers
On 1 August 2016, Microsoft announced the joining of Anant Maheshwari as President, Microsoft India from 1 September 2016. Anant will be replacing current Microsoft India Chairman Bhaskar Pramanik who has held this position for over five years. This announcement…
There was a time when Jabong was such a sought-after startup that some were even willing to pay $1.2 billion for it. On July 26, e-commerce major Flipkart acquired Jabong for $70 million—lesser than any of the bids reportedly made for…
About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these…
Read More “The World Better Be Ready For Automation”: Ganesh Ayyar Of Mphasis
On July 26th, Gaurav Alagh, a former journalist turned entrepreneur, was having a bit of a bad day and he was getting rilled up on Twitter. His navy blue polo T-shirt hadn't come in, which he had ordered from fashion…
Read More How Jabong Dropped The Ball In Its Battle With Myntra
by Yahoo! Inc. has agreed to sell its core operations to US telecom giant Verizon Communications Inc. for $4.83 billion in a transaction that marks the end of the Internet pioneer as an independent company after a two-decade-long journey. Greyhound…
Yahoo, one of the biggest Internet services companies of yesteryears, has been acquired by US telecom major Verizon for $4.83 billion in an all-cash deal. While the acquisition is being seen by many analysts as the end of the road for…
Read More Verizon Acquires Yahoo For $4.8 billion In All-Cash Deal
Yahoo, that has been restructuring its business for year now, finally sold out to Verizon. Verizon sealed the deal for $4.83 billion, all in cash. This acquisition gives Verizon access to Yahoo’s advertising technology tools such as BrightRoll and Flurry, assets…
Read More Verizon Buys Yahoo, Puts It In Competition With Facebook, Microsoft And Google: Analyst
Apple Inc.’s chief executive Tim Cook has reaffirmed the iPhone-maker’s plans to open its own retail stores in India, which he described as one of its fastest-growing markets. According to Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research,…
Read More Apple Reaffirms India Retail Store Plans As iPhone Sales Stay Strong
20 Quotes From Indian Startup Journeys... The future is in platforms - Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound Knowledge Group. Source: YourStory.com
Use of technology at hotels has evolved over the last 3 decades from being a simple billing system to now facilitating the entire booking to checkout cycle. Despite seeping into all functional areas, technology has never been at the forefront…
Considered to be one of India’s most developed cities, Pune is making a name for itself as a go-to tech hub in the country. In recent years, the city has seen an exponential growth of its startup community and may…
On 25 July 2016, Verizon Communications confirmed its plans of acquiring Yahoo’s operating business for USD 4.83 billion. The sale includes Yahoo’s content offerings in News, Sports, Finance, Yahoo Mail, Brightroll (programmatic advertising technology), Flurry (mobile application analytics solution) and…
Read More Verizon Acquires Yahoo, Aspires To Compete With Google & Facebook
It is a Monday afternoon in early July. Kumar and his friends, who work at an eating joint in Delhi’s Chittaranjan Park area, have just finished their afternoon chores. Kumar’s friends huddle around him, though the centre of their attraction,…
Read More Google, FB And Battle For Offline Internet In India
On 28 June, when Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India, it did nothing short of telling its competitors firmly, especially Microsoft and IBM, that it was stepping up its…
Read More Why AWS Announcement Heralds Public Cloud War In India
Startup firms in India raised $583 million (about Rs 3,915 crore) in the second quarter this year, a sharp fall from the $2333 million (about Rs 15,666 crore) they raised a year ago, indicating falling valuation and a bearish signal…
Read More Indian startups witness a sharp 59% fall in funding in Q2 2016: Report
As oracle programmers rewrite fresh codes for its cloud services, the company is scripting a new history. It is transforming itself into a cloud-first company. Some industry watchers might argue that it is a tad late in entering the realm of…
On 12 June, 2016 Symantec announced its agreement to acquire Blue Coat for USD 4.65 billion. As a result of this acquisition, the company will now have 385,000 customers, a vast repository of data sources and over 3,000 researchers and…
Read More 5 Reasons Why Symantec’s Acquisition Of Blue Coat Matters To The CIO’s Office
aPM Narendra Modi’s highly ambitious Digital India Program completes a year of its existence today. In the last one year, several initiatives were announced by the government – from the launch of MyGov.in portal to BharatNet and E-sign to Wi-Fi…
Read More One Year On, What’s Plaguing Digital India’s Success?
It’s not an easy task to choose a cloud computing services provider, especially when companies like Amazon Web Services Inc. (AWS), Microsoft Corp., International Business Machines Corp. (IBM), Hewlett-Packard Co., Dell Inc., Oracle Corp. and VMware Inc. are pulling out…
Read More Who Should Be Your Cloud Driver On The Digital Highway?
Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…
Read More “Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…
Maharashtra CM Devendra Fadnavis recently expressed the state government’s intention to develop Pune as the startup hub for Maharashtra. He went on to say that Pune could be the startup hub of the country. Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound…
Read More Will Pune Outpace Bengaluru To Become India’s Next Startup Hub?
As a part of its commitment to invest $5 billion in India, Amazon on Tuesday launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud…
