It was an ordinary Facebook page, created hopefully like the many thousand others that are created each day on the world’s biggest social network. It didn’t exactly aim to change the world. Its aims were relatively modest – it aimed to provide news updates in 60 words or less.
Three years later, that Facebook page has metamorphosed into a Rs. 600 crore company.
We always knew that technology was bringing the world together, and now the good folks at Facebook have math to back that up. In a study that the company described as a “monumental task”, Facebook has concluded that the degrees of separation between humans is around 3.57, as opposed to the 6 that has been codified in the popular pharse.
In a bid to attract more customers, Uber has slashed its fares in Chennai and Kolkata by as much as 25%.
Aamir Khan is no longer the brand ambassador of Snapdeal. The company had decided to not renew the actor’s contract after it ended on 31st January. According to reports, Snapdeal will not be looking for a replacement for Khan as it tightens its purse strings to cut down on its losses.
Ola Cabs CEO Bhavish’s Agarwal’s paternal grandmother and aunt have brutally murdered in Ludhiana in a suspected robbery.
It had been widely reported that Oyo rooms was acquiring its smaller rival Zo Rooms. This development had never been confirmed by either party. There had even been articles after this development that the deal was falling apart. But now it looks like the deal has indeed taken place.
Babajob has come up with an About Us ad that is, quite simply, unlike any startup video we’ve seen before .
Google veteran Amit Singhal has announced that he’s leaving the company after a 15 year stint. Currently the Senior Vice President of Search, he’s among the most influential engineers in the company, having worked on rewriting the revolutionary algorithms that powered Google’s search engine. Singhal says he plans to retire and focus on philanthropic activities.
Amazon has upped the ante in Bangalore’s already crowded grocery delivery market. It has launched Amazon Now, which will provide 2 hours deliveries of essential household items in 70 pin codes across the city.