Japanese Giant SoftBank sets Tentative Price of $13.23 per share for Its Japanese Telecom unit

SoftBank has set an indicative price of 1,500 yen ($13.23) per share for IPO of its Japanese telecommunication unit, as per the regulatory filing filed by the company on Friday. This means that the price of per share has remained unchanged from the earlier estimate. Traditionally, almost all companies ahead of the IPO set an tentative…

ByGirish ShettiNovember 30, 20180Comments

A consumer making online payment through mobile payment app Apple Pay

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NPCI’s Diktat to Google and WhatsApp: Don’t send Indian Data Abroad

The National Payments Corporation of India (NPCI) has reportedly sought a clear clarification from tech giant Google and instant messaging app WhatsApp about how both companies plan to store all the data related to Indian users within the geographical territory of the country. According to sources, NPCI had sent a letter to this effect to both…

ByGirish ShettiNovember 30, 20180Comments

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Paytm’s Data Theft Case is unraveling like a Bollywood Potboiler

When the Paytm’s data theft case got disclosed almost a month back, many had assumed that this case of a secretary blackmailing his boss is lot more murky than it appears to be. Now with new twist and turns adding into this high profile case, it looks like this is indeed the case. The fresh…

ByGirish ShettiNovember 29, 20180Comments

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Elon Musk’s Hyperloop Dream Bumps into a Speed-breaker

Elon Musk’s Hyperloop project is been widely touted as the most revolutionary project of our time. It is a project that is supposed to revolutionize the way we will be travelling and also spare us from the havoc of snarling traffic. However, every ambitious project by some way or other ends up getting hit by…

ByGirish ShettiNovember 29, 20180Comments

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Music Streaming won’t remain same in India as Spotify spots the Opportunity

‘Is it little late?’ This question may have popped up in Spotify’s senior management team as it plans to enter the Indian music streaming market. Irrespective of the timing, the entry of Swedish based music streaming giant is likely to have a disruptive impact on India’s music streaming industry. Spotify is one of the most popular…

ByGirish ShettiNovember 28, 20180Comments

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Neeraj Arora quits, Leaving WhatsApp and Facebook pretty much in mess

WhatsApp Chief Business Officer Neeraj Arora quit on Monday, making him the latest high profile executive to leave the instant messaging company. Arora said in his official statement that he is leaving the Facebook owned company for “taking some time off to recharge and spend some time with his family.” Arora’s exit comes almost a year…

ByGirish ShettiNovember 27, 20180Comments

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Now Professional Networking Site Linkedln lands in Data Breach Mess

With less than a week ago Amazon announcing that a serious technical error had led to massive data breach, now it is Linkedln’s turn to set the alarm ringing over data breach. Actually this is not the first time that the world’s most popular professional networking website has landed in a data breach mess. However,…

ByGirish ShettiNovember 26, 20180Comments

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‘We are not robots.’ Amazon Workers in Europe go on Strike on the eve of Black Friday

Scores of Amazon warehouse workers across several European countries have decided to go on strike. Workers have cited ‘inhuman working condition’ as the main reason for this strike. They allege that the world’s biggest online retail company is treating them like ‘robots’ and not humans. While any kind of strike is potentially a bad news…

ByGirish ShettiNovember 24, 20180Comments

Flipkart's former Group CEO Binny Bansal

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Did Binny Bansal filed Police Compliant against woman who caused his Ouster

Barely a month from now the world will be consumed with the nostalgia for all the important events of 2018. And when that happens, Binny Bansal’s abrupt ouster from Flipkart will certainly go down as one of the most shocking events of 2018. As shocking as the event was, now the skeletons tumbling out of…

ByGirish ShettiNovember 23, 20180Comments

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Apple Acquires AI Startup Silk Labs ‘almost secretively’

There is a peculiar way as to how Apple Inc. carries out most of its acquisitions. The acquisition is carried out in a low profile manner and sometimes almost secretively. Continuing with this traditional practice, Apple has now reportedly quietly bought a small AI based startup called Silk Labs. Since the entire process has been carried…

ByGirish ShettiNovember 22, 20180Comments

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