Companies

Samsung to invest $380 million in US, create 950 jobs

Samsung's announcement came ahead of the first summit between South Korean President Moon Jae-in and US President Donald Trump on Thursday.

Jun 29, 2017

EU fines Google $2.7 billion for abusing search monopoly

Google was accused of manipulating its search engine results to favour its new shopping service.

Jun 27, 2017

EU to slap Google with record-breaking fine on Tuesday: Report

Google has been accused of manipulating its search engine results to favour its new shopping service.

Jun 27, 2017

Gear change: Face IT industry headwinds with the right skillsets

Tech services companies which invested in digital services are likely to be the only ones showing revival in growth rates in future.

Jun 23, 2017

Reliance Jio freebies proved costly for Indian telecom industry, revenues dropped by 11.7% in Q4

The growth of Reliance Jio's subscribers and the free offers the carrier offered also led to 8.5 percent quarterly decline in industry revenues.

Jun 21, 2017

Uber founder Travis Kalanick folds to investors' pressure, quits as CEO

Travis Kalanick quit as CEO of Uber over complaints of unruly and dwindling work ethics in the company.

Jun 21, 2017

Internet of Things will be next launchpad for hired hackers, says Wipro

Multiple device attacks a possibility as the new Internet of Everything 'surfaces' like connected cameras, cars, health and industrial automation devices open new security loopholes.

Jun 16, 2017

Majority of users still use Reliance Jio as secondary SIM despite best rates and offers

Reliance Jio scored lowest in call drops, but dominated with best call rates and data recharge packs, a new study has revealed.

Jun 16, 2017

April woes: Reliance Jio loses out to Airtel, Idea in active subscribers' battle

Idea Cellular also fared better than Jio in April by adding 0.6 million active subscribers compared to the latter's 0.4 million new users.

Jun 15, 2017

Reliance Jio leaves Airtel far behind with twice the broadband market share in April: TRAI

In April, Reliance Jio accounted for nearly 40 percent of the Indian broadband services market, twice that of Bharti Airtel.

Jun 14, 2017

Yahoo parable ends in $4.48-bn merger with Verizon; $23 million payday for Marissa

Combined entity to pinkslip around 2,100 Yahoo and AOL jobs. Verizon first announced plans to buy Yahoo's core Internet business last July.

Jun 13, 2017

Reliance Jio says incumbents not investing enough in new technologies, advises them to sell stakes if needed

Reliance Jio said that incumbents need to invest more in new technologies, can sell stakes if needed to generate funds.

Jun 12, 2017

Montenegrin Army helicopter flies over a navy ship during a military exercise in Kotor, Montenegro

After self-driving cars, self-piloting ships are here

Japanese shipbuilders and maritime shippers are expected to come up with self-navigating ships by 2025.

Jun 9, 2017

Samsung bets big on India with Rs. 4,915-crore investment because it can't ignore a market where Apple assembles iPhones

Samsung has pledged Rs. 4,915 crore to expand its Noida plant and double the production capacity. Did Apple's commencement of iPhone SE assembly in India act as a wake up call?

Jun 8, 2017

Foxconn insider leaks design details of Apple iPhone 8, Siri speaker, AR glasses and redesigned iMacs

Foxconn insider has shared some interesting tidbits about forthcoming Apple products via dedicated Apple thread on Reddit.

Jun 4, 2017

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