Companies

Mystery of missing $2.1 billion continues; Cops arrest CEO of scandal-hit Wirecard

The arrest comes after Germany-based Wirecard said on Monday that 1.9 billion euros (nearly $2.1 billion) that were supposed to be in its accounts simply did not exist at all.

Jun 24, 2020

Xiaomi 'more Indian' smartphone brand than any other: Manu Jain

Stressing that the company's mobile phone R&D centre and product team is in India, the Xiaomi India Managing Director also pointed out that it employs 50,000 people in the country.

Jun 20, 2020

Qualcomm makes 5G accessible to masses with new Snapdragon 690 SoC

Qualcomm has revealed its latest chipset, Snapdragon 690 processor, giving masses an opportunity to enjoy 5G and all the benefits that come with it.

Jun 17, 2020

Black Lives Matter: Facebook employee tweets about 'inaction'; gets fired

Brandon Dail, who worked as an engineer at Facebook, tweeted that he lost his job after he asked another co-worker to add a Black Lives Matter banner on an open-source website developed by Facebook.

Jun 13, 2020

Apple first US company to hit $1.5 trillion market cap

Apple has become the first US company that reached $1.5 trillion market cap and according to the investors and analysts, strong App Store sales, ARM chips-run Macs and a 5G iPhone this fall are the reasons for the surge in stock of the Cupertino-based iPhone maker.

Jun 11, 2020

Reddit replaces Alexis Ohanian's position with a Black member at board

Y Combinator CEO Michael Seibel will join its Board of Directors, replacing the company's co-founder Alexis Ohanian. Here's everything you need to know about the move.

Jun 10, 2020

Google pushes to support local media; donates $15 million

Local Media Consortium and Local Media Association in partnership with the Google News Initiative launched the "Support Local News" campaign, which encourages consumers, businesses and advertisers to support local media.

Jun 10, 2020

Mitron founders address controversies - the PAK connection, Google ban & more

Mitron app co-founders Shivank Agarwal and Anish Khandelwal, in an interview with YourStory, spoke about the challenges, controversies and future plans for the viral app.

Jun 7, 2020

Reddit co-founder wants black candidate as successor; quits board

Reddit co-founder Alexis Ohanian, who is married to tennis star Serena Williams, resigned from the board in support of the Black Lives Matter protests. He even asked for a black replacement at the company.

Jun 6, 2020

App that helps Indians remove China apps gets pulled down; Google explains why

Google has revealed the reason why it has pulled down two Indian apps, "Remove China Apps" and "Mitron" - both of which sparked a controversy in India.

Jun 4, 2020

Huawei CFO's extradition trial creates rift between Canada, China

In a major blow to the Chinese tech giant Huawei, Canada court has refused to shut the extradition case of Meng, allowing it to proceed.

May 28, 2020

Facebook buys GIF-sharing service GIPHY: Here's what changes for users

Facebook had tried to acquire GIPHY back in 2015, two years after it was founded. The deal is said to be closed at $400 million.

May 16, 2020

Indian mobile company Lava lured by govt's new schemes exits China

Lava is planning to invest Rs 800 crore in India over the next 5 years. The move was inspired by the government's new schemes to incentivize local manufacturing in India.

May 16, 2020

MakeMyTrip is no longer making trips, so it jumps into food delivery

MakeMyTrip has made a jump to the food delivery service after travel bookings on its platform have come down to zero.

May 15, 2020

Twitter makes work-from-home a norm; asks employees to work remotely 'forever'

Twitter has announced that its employees, who can work remotely, will be allowed to work from home indefinitely in light of the COVID-19 pandemic.

May 13, 2020