Twitter May Label Trump’s Offensive Tweets, If It Breaks Rules

For the last couple of years, social media has been bombarded with irresponsible and outright offensive comments. Facebook, Google, and Twitter have been under tremendous pressure to outdo such activities. These internet behemoths have tried many ideas with little success. But now Twitter wants to take this a step further. It has decided to label tweets…

ByTechPluto StaffMarch 29, 20190Comments

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Sundar Pichai Gets Trump’s Backing, the US President Tweets ‘Google Totally Committed to US Military’

Google CEO Sundar Pichai met with US President Donald Trump on Wednesday to talk about the contracts and other continuing partnerships with the US government. President Trump tweeted “I just met with Sundar Pichai, President of Google, who is obviously doing quite well,” after the meeting was over. Trump iterated in his tweets that Google 'President' Sundar…

ByTechPluto StaffMarch 28, 20190Comments

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Zomato surges ahead of Swiggy in Valuation Game, HSBC Report Claims

Zomato can take a sigh of relief as the startup gears up for its fresh fundraising round that may fructify in a matter of months and weeks. This is all thanks to HSBC Global Research’s latest report that has pegged the Gurgaon based startup’s valuation at $3.6 billion, or about Rs25,000 crore. This is not…

ByGirish ShettiMarch 13, 20190Comments

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Child Privacy Violation Costs ByteDance’s TikTok $5.7 Mn in Fine

Popular teen video app TIKTOK will have to shell record $5.7 million as a settlement fine in U.S. for illegally securing personal information from children. The teen video app, which is owned by world’s most valued startup ByteDance, reached an agreement with the Federal Trade Commission. TikTok fined $5.7 Mn over child privacy in the U.S. The…

ByGirish ShettiFebruary 28, 20190Comments

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IIT Delhi Alumni Launches Freemium based AI Enabled Resume Builder

MyResumeFormat.com is a brainchild of IIT Delhi and Amity alumni. The founders of the company, having worked as developers and designers with HR collaborations, devised a simple but effective resume builder that is easy to use and equipped with artificial intelligence (AI) assistance. MyResumeFormat is a freemium resume builder platform with AI assistance. This is an online freemium…

ByGirish ShettiFebruary 27, 20190Comments

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Shadowfax set to mark its imprint on the “China-to-India” logistics sector

Shadowfax, India’s leading logistics player, is set to mark its footprints into the China market. The company is primarily looking to provide services to e-com players shipping their products to India as well as Chinese logistics players looking for an Indian partner. The company aims at setting up its China office by the end of…

ByGirish ShettiFebruary 22, 20190Comments

Acquisitions News

Uber Eats Likely to be Served on Swiggy’s Platter: Report

Uber Eats – food delivery unit of US based ride hailing giant – is inching closer to selling its India business to rival Swiggy, according to Economic Times (ET). The acquisition deal will mark the first major consolidation in the food tech sector, which has been suffering from huge cash burn problem in the wake…

ByGirish ShettiFebruary 22, 20190Comments

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Ola Seeks Car Pooling Opportunity with stake in sRide: Report

Ride-hailing Major Ola is well within the reach of taking yet another step in diversifying its core business. According to sources, Ola is in advanced talks to pick up stake in Pune based carpooling app sRide. Sources add that the company is looking to invest 26% stake in sRide at an estimated investment of 30…

ByGirish ShettiFebruary 18, 20190Comments

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ByteDance Lobbying Hard with Indian govt to Rescue its Indian market

World’s most valued startup ByteDance’s Indian operation is suddenly finding itself in a tough spot. The trouble for the Chinese tech giant is emanating from India’s southernmost tip – Tamil Naidu. Earlier this week Tamil Naidu government said that it will initiate a dialogue with the Indian government to place state-level ban on ByteDance’s video…

ByGirish ShettiFebruary 15, 20190Comments

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Paytm Pledges All Assets to ICICI Bank for Higher Working Capital

A large scale startup like Paytm certainly needs more working capital than a small or midsize startup. The viable solution: pledge all your assets and boost your working capital. This is exactly what India’s largest digital marketing company Paytm has done. Paytm Pledges All Assets to ICICI Bank to borrow Rs 1,400 crore. According to Livemint, Paytm’s…

ByGirish ShettiFebruary 15, 20190Comments

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