Uber’s CTO Stepping down Strokes Layoff Rumors – Top Trending News

Here are the top five trending news from the world of technology 1 Uber’s CTO stepping down strokes layoff rumors Uber’s CTO, Thuan Pham, is all set to step down, according to company’s latest filing with the SEC. Being among one of the longest serving top executives, Pham’s departure is been seen as…

ByGirish ShettiApril 29, 20200Comments

Not Just Startups

No More Accidentally Messing up with Netflix Playback – Top Trending News

Here are the latest top 5 trending news from the world of technology 1 No more accidentally messing up with Netflix Playback & here is why It is real frustrating to accidentally mess up your favorite Netflix series, just because you end up touching a button on the playback. This unintentional act is…

ByGirish ShettiApril 21, 20200Comments

Not Just Startups

Uber’s Former Boss of self-driving Unit Ordered to pay $179 Mn to Google

Today's top five trending stories from the tech world touches on Uber, General Motors, Google, Twitter and Quibi 1 Anthony Levandowski ordered to pay $179 Mn to Google Image Source: Techcrunch Google’s once blue eyed and star engineer, Anthony Levandowski, has been ordered to pay $179 Mn to his former company. A San…

ByGirish ShettiMarch 5, 20200Comments

Not Just Startups

Coronavirus Crushes Samsung Galaxy S20’s Sales in South Korea

Today’s top trending news from the tech world touches on Samsung Galaxy S20, Lyft, Apple iPhone 11, Google Wear OS and Spacex 1 Samsung blames Coronavirus for disappointing sales of Galaxy S20 Image source: The Verge Coronavirus is adversely impacting almost everything in the tech world, from tech conferences and events to balance sheets…

ByGirish ShettiMarch 2, 20200Comments

Not Just Startups

It’s Official: Microsoft Xbox Series X will have 12 Teraflops GPU

1 Microsoft Shed More Light on Xbox Series X Image courtesy: Theverge.com Microsoft on Monday shed more light on its upcoming flagship gaming brand Xbox Series X’s hardware specs. And oh boy, the specs look pretty impressive. The most important piece of information that came out on Monday was that Xbox will have 12…

ByGirish ShettiFebruary 25, 20200Comments

News

Goldman Sachs Dumps Uber Stake After Disappointing IPO

Uber’s IPO turned out to be the biggest dud of 2019, with investors clearly giving thumbs down to one of the most anticipated IPOs last year. The market’s lukewarm response was result of Uber’s highly stressed balance sheet and inability to convince investors about its long term revenue model. Therefore it was highly expected that…

ByGirish ShettiJanuary 16, 20200Comments

News

Ride hailing Giant Uber India goes for Lay Offs Amid Growing Losses

Following its highly disappointing IPO launch earlier this year, ride hailing giant Uber immediately went for cut down in its global workforce count. And it was only a matter of time that Uber’s India operation will also face the brunt. So on Tuesday the San Francisco based company announced that pink slips will be handed…

ByGirish ShettiOctober 16, 20190Comments

Funding News

Uber’s Former Boss Travis Kalanick makes his First Investment in India

Uber’s Co-founder and former CEO Travis Kalanick has made his first ever investment in India’s startup ecosystem. Kalanick’s real estate company City Storage Systems (CSS) was among the several investors in Rebel Food’s recent fundraising of $125 Mn, according to Bloomberg. Travis Kalanick of Uber at LeWeb Paris 2013...Image Source: Adam Tinworth, Flickr This fundraising round had…

ByGirish ShettiSeptember 24, 20190Comments

News

Losses Force Uber to Lay off 435 Workers from products & engineering teams

Uber has taken yet another important step in streamlining its business amid concerns over its growing losses. The San Francisco based ride-hailing giant on Tuesday handed pink slips to as many as 435 employees from its products and engineering teams. Image Source: Flickr Among the laid off employees, sources claim that almost 85% employees emanate from…

ByGirish ShettiSeptember 11, 20190Comments

News

Uber may Integrate UberEats into its Main Ride-hailing App: Report

Ride-hailing giant Uber has been left wondering to what to do about UberEats business in India, after the latter failed to seize sizable market share in India’s food delivery market. But now the parent company has apparently conjured a viable solution and the solution is to integrate UberEats into its main ride-hailing app. Image source: Flickr According…

ByGirish ShettiSeptember 6, 20190Comments

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