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Facebook records $17.7bn in Q1 2020, quarterly earnings doubled With more than 2.6 billion monthly active users as of the first quarter of 2020, Facebook represents the leading social networking service
Bharti Telecom sells 2.75% stake, gathers Rs 8,433 crores Bharti Telecom Limited (BTL) sold a 2.75% stake to overseas investors such as Blackrock, Fidelity, Segantii Capital, Norges Bank and Key Square Capital, and local fund houses including HDFC Mutual Fund
Zoom's list of rivals increases as HCL, PeopleLink etc. to develop video conferencing solution in India HCL Technologies, Zoho Corp, and Hyderabad-based PeopleLink are among the ten companies selected by the government
Uber sacks 600 employees in India across business functions Uber lays off 6,700 employees globally, in India 600 employees across business functions and levels have lost their jobs.
Alibaba’s shares slide down after projecting slowing growth Alibaba Group Holding shares slide after projecting revenue growth will be slow this year,
Box to let employees to work remotely till Jan 2021 Another tech firm Box’s CEO Aaron Levie has announced that the company will “remain a digital-first organization”
New Attack TTP - Virtual Machines used for Ransomware A new ransomware attack method takes defense evasion to a new level-deploying as a full virtual machine
Joining the trend Shopify announces permanent work from home till 2021 Shopify’s Chief Executive Officer Tobi Lutke has said in a tweet to keep its offices closed till 2021 and allow most employees to work remotely on a permanent basis.
Google Pay, PhonePe and Paytm Record Transactions: UPI Unified Payments Interface (UPI) has reported on a huge growth in the payment transactions crossed the milestone
Nissan to cut 20,000 jobs worldwide, with sales declines With the ongoing difficulties due to COVID-19, the automobile sector also not spared , Renault and Nissan has been going
Quick Heal pours in Rs 2 cr in Singapore based technology startup Ray Quick Heal Technologies announced a strategic investment of INR 2 Crores in Ray Pte., a Singapore based start-up specializing
Amazon plans to give a tough competition to Swiggy, Zomato, enters food deliver service Food unicorns like Swiggy, Zomato are now going to breathe heavy competition, as eCommerce giant Amazon has now stepped
Airtel acquires strategic stake in Conversational AI focused Startup – Voicezen As part of its strategy to deliver a highly differentiated service experience to its customers, Bharti Airtel (“Airtel”)
Walmart winds down Jet.com, four years after $3.3 billion acquisition of e-commerce company Four years ago, Walmart made a pricey bet on its e-commerce future. It paid $3.3 billion to buy Jet.com
Two British startups to invest $4.8 bn to build UK's 1st car battery 'gigafactory' Two British startups have announced plans to invest as much as £4bn in building the UK’s first large-scale battery factory,
Microsoft acquires Softomotive, to play strongly into RPA As the new age technology is moving towards intelligent and automation, that we called , Robotics Process automation(RPA), The technology will hook
Sony ties up with Microsoft over AI enabled smart camera solutions Sony and Microsoft has joined hands to bring solutions that will make AI-powered smart cameras and video analytics easier to access
SC directs Government to withdraw order for companies to pay full wages during lockdown The government has withdrawn the order which directs companies and commercial units to pay full wages to worker
Pandemic impact: Indians shifting to digital payments to avoid spread of Coronavirus As the adage goes 'Precaution is better than cure', it goes so true here again. Amid global pandemic and lasting lockdown,
Bharti Airtel suffers net loss of Rs 5,237 cr in Q4 Telecom major Bharti Airtel reported a consolidated net loss after exceptional items of Rs 5,237 crore in the fourth quarter
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