Companies

InMobi to cough up $950,000 for secretly tracking user locations; says it happened by mistake

The U.S. Federal Trade Commission charged InMobi with tracking user locations against their will, violating the FTC Act.

Jun 23, 2016

Saavn, music streaming site, gets funding from US investor

Saavn CEO Rishi Malhotra said the investments would bring in "unique artists collaboration that weren't possible before."

Jun 16, 2016

Google beats Oracle in $9 billion Android trial

The jury upheld claims by Google that its use of Oracle's Java development platform was protected under the fair-use provision of copyright law.

May 27, 2016

Microsoft to cut 1,850 jobs and write down $950 million in smartphone business

Majority of the job cuts will take place in Finland, the origin of Microsoft's Nokia mobile business, by the end of the fiscal year 2016-17.

May 25, 2016

LeEco's Atul Jain discusses India plans, retail stores, R&D and ecosystem: Interview

LeEco COO Atul Jain talks about how to tackle rivals and establish a strong base in India.

May 20, 2016

DigitalOcean now supports Nasscom's 10,000 Start-ups

DigitalOcean will mentor and offer $10,000 in cloud credits to startups that are a part of Nasscom's 10,000 Start-ups initiative.

May 18, 2016

Apple, Flipkart investor Tiger Global cuts stake in Amazon

The hedge fund group reportedly reduced its stake in the e-commerce giant by as much as 67 percent.

May 18, 2016

ShopClues and GoDaddy tie up to offer online stores for small businesses

Small businesses can create domains through GoDaddy and redirect users to their online shopping storefront on ShopClues.

May 18, 2016

Apple's Tim Cook likely to visit India, meet Modi this week: Report

The California-headquartered $234 billion technology company's market share in India is a mere two percent.

May 16, 2016

Indian e-commerce sector triples in five years: Report

Despite low internet penetration, e-commerce sector in India grew 209 percent over a five-year period. Expected to be valued at $1 trillion by 2020.

May 13, 2016

Alibaba does not want to rush India entry: Report

The guidelines for e-commerce players issued by the Department of Industrial Policy and Promotion may be behind the Chinese giant playing it safe.

May 13, 2016

Snapdeal outpaces Amazon and Flipkart in delivery times across India

PricewaterhouseCoopers and RedSeer Consulting have both ranked Snapdeal as the fastest delivering ecommerce firm in India.

May 10, 2016

Toshiba nominates new CEO to steer company's name away from $1.3B accounting scandal

Satoshi Tsunakawa, the former head of Toshiba's medical equipment division, is likely to succeed Masashi Muromachi next month.

May 7, 2016

Snapdeal acquires TargetingMantra for an undisclosed amount

TargetingMantra provides a unified platform to manage customer life cycle through personalisation, targeting and big data analytics.

May 5, 2016

More investors find Flipkart shares overvalued

Investors Valic Co and Fidelity Rutland Square Trust II, joining Morgan Stanley and T Rowe Price, have devalued their stake in Flipkart.

May 5, 2016