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Alphabet Inc’s Google is ready to spend billions to get millions of Indians online– through a slew of India-specific products and initiatives – to stay relevant in the world’s fastest-growing internet economy. “While Google has done some good stuff, its…
Read More How Google Changed Itself For India In A ‘Mission To Connect The World’
Rishi Jaitly, Head of Twitter India, resigned and that was not surprising for most employees, who knew that the domestic market will also get effected by the micro-blogging site’s global restructuring programme, as the company failed to get new users…
Read More Head Of Twitter India Quits, More Exits To Follow Him
An old lady runs through the narrow corridors of a slum, chasing two thieves, who had apparently robbed her bag. Twenty seconds into the chase, the old lady grabs them and hits them on to the ground. The video ends…
The exits in Twitter’s senior management who helped build the India business over years, signal the company’s co-founder and new CEO, Jack Dorsey’s, inclination to make significant changes in the way the domestic business is handled. According to Greyhound Research,…
Read More Exits Continue As Twitter CEO Jack Dorsey Wants More Ad Revenue From India
Rishi Jaitly’s resignation was not surprising for most Twitter India employees, who knew that the domestic market will be impacted by the micro-blogging site’s global restructuring programme, as the company failed to get new users and generate higher advertising revenue,…
Read More Twitter India Head Quits, More Exits To Follow In Major Shake-Up
Amid a global slowdown in revenue growth and job cuts, head of Twitter’s India business, Rishi Jaitly, announced his exit from the company after a four-year stint. Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, said both the…
Read More Twitter’s India Head Steps Down Amid Slowing Revenues, Job Cuts
Amidst increasing scrutiny from investors because of falling revenue growth, micro-blogging platform Twitter has shut its Bengaluru development centre. “While India is seeing a lot of multinational companies setting up R&D centres, most of the work that happens out of India…
Read More Twitter Shuts Down Development Centre In Bengaluru
Facebook Inc. announced on Wednesday that over 80 million people in India use Facebook Groups each month to stay in touch with family, collaborate on projects, plan trips and offer support to friends. Globally, more than 1 billion people use…
Read More 80 Million People Use Facebook Groups Every Month In India
Even as analysts said that WhatsApp’s decision to change its privacy policy, which entails sharing users’ account info with parent Facebook, is not a user friendly move, they believe most consumers will stick with the platform and not migrate to…
Read More Users Voice Concern Over WhatsApp Sharing Phone Numbers With Facebook
From starting off as a chatting app, Hike, with its $175 million funding is now metamorphosing into a digital hub that can offer everything from discount coupons to news, as it seeks its next 100 million users. One of the…
Read More How Hike Is Shaping Up To Be More Than Instant Messaging
Is Facebook Inc. facing an identity crisis? What else could explain why the social networking company launched a stand-alone app for teenagers which does not require a Facebook account. The app called Lifestage is for those under 21, created by a…
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
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
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
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
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…
On Friday, 24 June 2016, Britain faced a decisive moment when the majority of its population (51.9%) voted in favour of moving out of the European Union (EU). In words of the exiting Prime Minister David Cameron, Britain went through…
Microsoft on Monday announced a $26.2 billion deal to acquire professional networking platform LinkedIn for $196 per share. The market gave a mixed reaction to the announcement. While shares of LinkedIn surged 47 percent to near $193, Microsoft’s stock was…
In its 41 years history, Microsoft has acquired several companies but the biggest success was none other than Hotmail, which was bought from Sabeer Bhatia for $500 million in 1997. However, a repeat of Hotmail is something that Microsoft hasn’t…
Read More Will LinkedIn be another failed acquisition for Microsoft?
Microsoft announced today that it bought LinkedIn in a $26.2 billion deal, the tech giant's largest acquisition in its 41-year history by a wide margin. So what value does Microsoft see in the professional social networking site? Sanchit Vir Gogia,…
Read More What Does Microsoft Stand to Gain From its $26.2 Billion Acquisition of LinkedIn?
On June 13, 2016 Microsoft announced the agreement to acquire LinkedIn for USD 26.2 billion. Important to note that this is the first big deal under Satya Nadella’s leadership and LinkedIn will continue to operate as an independent company. Albeit…
Read More Why Microsoft Acquired LinkedIn? It’s All About User Insights!
The acquisition of LinkedIn by Microsoft will help the duo assist client companies, and even individuals in the personal lives, to organise information and orchestrate their functions better. The deal is expected to give an impetus to Microsoft’s Customer Relationship…
Read More Users will get to organise their information better
Microsoft Corp has agreed to acquire LinkedIn Corp for $26.2 billion in a deal that will combine the world’s biggest software maker with the largest global online network of professionals. Greyhound Research Chief Analyst and CEO Sanchit Gogia said that the…
By acquiring LinkedIn, Microsoft is looking at further strengthening its business from corporates in India and social networking play, an area in which it lags behind Facebook. Analysts feel that Microsoft’s Productivity and Business Processes as one of the three segments…
Tim Cook started his India tour with an obeisance to Lord Ganesha, the favourite deity of those in trouble, at Mumbai’s Siddhivinayak temple. Cook did not put all his faith in religion alone, he also leaned on India’s other obsessions. The…
Read More India Plays Hard To Get As Zuckerberg , Tim Cook, Jack Ma, Nadella Come Calling
US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market…
