Business
All the latest news from the world of e-commerce, IPOs, acquisitions and latest trends from the world of the tech business.
Business
AmazonFresh is Free for Amazon Prime Members now
Amazon has a piece of great news for its Prime Members, that it will no longer charge a fee of $14.99 monthly for using Amazon Fresh delivery services. In a press release, today Amazon announced that if you pay $12.99 a month (or...
Google
Google’s third-quarter earnings
Google's parent company Alphabet reports its third-quarter earnings today, according to which expectations of earnings per share were missed, but still, it was in line with what investors expected. The stock (GOOG, GOOGL) fell around 2% after the company reported earnings and that it...
Silicon Valley
Sequoia Capital founder Don Valentine Dies at 87
Donald T. Valentine the founder of Sequoia Capital died in his home in Woodside, California at the age of 87 of natural causes. As a tribute to Valentine, Sequoia posted calling him as “one of a generation of leaders who forged Silicon Valley.” He gave...
World
Indian Startups have raised $11.3B this year; a record
With two months left in 2019, Indian tech startups are already having a great year as a record amount of $11.3B has flown into the local ecosystem of the country, as reported by TechCrunch. This is the first time that Indian startups have raised...
Startups
SoftBank to take charge of WeWork
WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its valuation from heft $47 billion to $7.5 billion, as reported by CNBC. WeWork...
Meta
Facebook Libra project is coming up with other cryptocurrency ideas
There is a raised possibility that Facebook could use cryptocurrencies based on national currencies, to bring its long-awaited Libra project into the action. In the wake of growing skepticism about its digital currency, David Marcus, the Head of Libra project for Facebook stated, “Instead of...
Startups
Canva now valued at $3.2 billion after $85 million fundraise
Canva is now valued at $3.2 billion after an $85 million fundraise by Mary Meeker’s venture capital firm joined by General Catalyst, Bessemer Venture Partners, Blackbird, and Sequoia China. It is an eye-popping new valuation as the amount has dramatically increased from $2.5 billion...
Huawei
Huawei reports 24.4% Q3’s sales gain despite US sanctions
Huawei, a multinational technology company dealing in telecommunications equipment and sells consumer electronics, including smartphones, has released its revenue report for Q3 2019 today. It is a leading smartphone brand that surpassed Apple in Q2 2018 and ranked in 2nd position after Samsung. Huawei...
Business
AI-based health startup Healx raises $56M
Healx, a UK-based biotechnology startup, has secured a $56 million in Series B funding to combat rare diseases using AI as reported by Bloomberg. This funding round was headed by Atomico, an investment company led by Swedish billionaire and founder of Skype Niklas...
Apple
Apple starts sending Safari browsing data to Chinese Tencent
It seems Apple is more inclined towards China. It removed Taiwan flag emoji from iOS in Hong Kong soon after the launch of iOS 13.*. Now, Apple has also started to share safe browsing data of its official browser to a Chinese tech...
Latest News
Harris S -
In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially insensitive images. These incidents demonstrated the potential for serious consequences when...