Uber CEO Travis Kalanick's parents had met with a tragic boating accident which took his mother's life. Therefore to grieve his tragic loss and calm his emotions the Uber CEO has decided to take leave of absence. Travis has told his team that his leave is of unspecified length. However, the changes which are in…

Renowned UK-based automaker, Jaguar Land Rover is going to invest $25 million in San Francisco's transportation network company Lyft via InMotion, a mobility service subsidiary of Jaguar Land Rover. The sturdy investment will be used for upmarket ridesharing services and much awaited future innovations, prominent amongst them being the driverless car. In the recent funding round, Lyft raised…

  Microsoft has unveiled Xbox One X from its “Project Scorpio” initiative. The company had to sneak peek its product through its E3 teaser videos and a mysterious trademark S logo. Microsoft has planned to launch the final version of the product on November 7th globally, pricing it at $499. The good thing about the Xbox One…

In a surprise move, Softbank has announced that it is going to buy Boston Dynamics and Schaff. Both of these firms are the big dogs of the robotic industry. Softbank up till now was operating its own Pepper robot. Now it will have access to most secretive robot development program by purchasing these two firms…

Verizon has confirmed its plans to cut down 2,100 employees who represent about 15% its workforce at AOL and Yahoo. It’s really sad news for some of the Yahoo employees who will be losing their jobs very soon. On the announcement of this news on 8th June, there was a 10.21 percent surge in the…

Yes! Finally Uber realises the responsibility of the company towards the safety and security of women and the society. The deed of obtaining medical records of rape victim by an executive has been dealt firmly. This Executive is Eric Alexander, the President of Uber in Asia Pacific. The name and position of the executive clearly…

  After an earthquake, flood, fire, landslide or other such natural disasters take place, a response team needs precise information to save precious lives. The present communication channels are inefficient to process data and accurately predict where the help is most needed. The communication takes place through offline mode and valuable time is lost in rescue…

Snapchat parent firm Snap has acquired Placed,  which is a Seattle-based startup focusing consumer location analytics platform. With more than 100 employees, Placed will continue to operate from its headquarters in Seattle, and offices in New York and Los Angeles independently. The sources who are close to the deal pegged the purchase price equal to or more…

  After the malware Judy that affected around 36.5 million devices around the globe, a new malware, Fireball, spread by Rafotech, a digital marketer from China, has reportedly affected over 250 million computer devices worldwide. It has converted over a quarter billion web browsers into ad-revenue generating engines. Also, it has infected 20% of the corporate…