Amazon Founder Jeff Bezos Has Surpassed Bill Gates To Become The Richest Person In The World

Amazon Founder Jeff Bezos Has Surpassed Bill Gates To Become The Richest Person In The World

Through the last couple of decades, there have few things have been as constant as the title of richest man in the world. Microsoft founder Bill Gates has held the position with almost boring predictability, thanks to the fortune he’d amassed while building one of the most successful software companies of the 90s. That is, until now. Amazon founder Jeff Bezos has just surpassed Bill Gates to become the richest person in the world. Bezos holds…

Snapdeal Sells FreeCharge To Axis Bank For $60 Million, Two Years After Buying It For $400 Million

Snapdeal Sells FreeCharge To Axis Bank For $60 Million, Two Years After Buying It For $400 Million

In 2015, FreeCharge was the toast of the Indian startup ecosystem. It had been founded in 2010, and merely five years later, had been sold to Snapdeal for $400 million. It was the largest acquisition in the internet space in India, a title it holds to this day. But now FreeCharge has another distinction to its credit — in the span of just over two years, it’s managed to shed 85% of its market value. After…

Swiggy Says It Has “Good Reason” To Believe Blogpost Not Written By Former Employees

Swiggy Says It Has “Good Reason” To Believe Blogpost Not Written By Former Employees

Swiggy has responded strongly to some of the accusations in the anonymous blogpost that went viral today morning, but its rebuttal hasn’t been complete — it has glossed over a glaring issue. Earlier today, a blogpost claiming to have been written by former Swiggy employees had gone viral. It had accused Swiggy of making its sales representatives lie to restaurants, promoting an unhealthy work culture, and most seriously, fudging its orders data while raising money from investors.  Swiggy has now gone…

Elon Musk And Mark Zuckerberg Are Currently Trolling Each Other Over The Future Of AI

Elon Musk And Mark Zuckerberg Are Currently Trolling Each Other Over The Future Of AI

Two of the world’s biggest technologists are currently having a public feud over the future of AI. Elon Musk and Mark Zuckerberg are at loggerheads over how they expect Artificial Intelligence to impact human life over the next few years. Musk has been wary of the advances in Artificial Intelliengence, saying the field’s rapid progress threatens humanity itself. Zuckerberg has been more optimistic, feeling that AI can be harnessed for good. These disagreements appear to have come…

Bangalore-Based “Entrepreneurs” Have No Money To Fund App Development, Become Chain Snatchers

Bangalore-Based “Entrepreneurs” Have No Money To Fund App Development, Become Chain Snatchers

Startup founders are expected to hustle in order to build their business, but this might be taking things a little too far. Bangalore-based MN Jabiuddin and G Arun Kumar, like many other hopeful entrepreneurs in their city, had an idea. They wanted to create an app that would list out the schools in the city, allowing parents to conveniently choose one for their kids. But they had a problem — they had no ready cash,…

How A Simple One-Word Coding Error Let Hackers Steal Rs. 200 Crore From An Ethereum Wallet

How A Simple One-Word Coding Error Let Hackers Steal Rs. 200 Crore From An Ethereum Wallet

  Kids, this is why you pay attention in computer science class. A simple, one-word error in the code of an ethereum wallet has allowed cyber criminals to make away with $30 million in the cryptocurrency. Smart contract coding company Parity yesterday issued a security alert, warning of a vulnerability in version 1.5 or later of its wallet software. The company asked customers to quickly move their money into other accounts, but by the time users could react, 150,000…

Reliance Announces “Free” JioPhone With Unlimited Calls And SMSes

Reliance Announces “Free” JioPhone With Unlimited Calls And SMSes

When Reliance Jio provided free calling, dirt cheap internet, and notched up 120 million users, it was only getting started. Jio has just launched the JioPhone, a 4G VoLTE phone that will cater to the India’s 50 crore feature phone users. Reliance says the phone is made in India and made for India, will help millions of Indian users to leapfrog into 4G technology. “Data is the oxygen of digital life, and no Indian should suffer from data…

India Will Get Its First Televised Counter Strike Tournament This Month

India Will Get Its First Televised Counter Strike Tournament This Month

Counter Strike might’ve caused your college GPA to fall by a few points, but it can now get you on TV. India will host its first ever televised Counter Strike tournament later this month. Called the ESL India Premiership, it will host three competitive games — Clash Royale, DOTA 2 and Counter Strike, with the Counter Strike: Go tournament being telecast live on DSport. The organizers say there’s a lucrative Rs. 65 lakh kitty for the winners.  Competitive…

Hotstar’s Site Crashes On Games Of Thrones Premiere, Angers Users

Hotstar’s Site Crashes On Games Of Thrones Premiere, Angers Users

There’s trouble beyond the (pay)wall. Hotstar had been aggressively promoting the Game of Thrones Season 7 premiere on its streaming service. The company had done its bit in attracting users — hotStar was to air the episode at 7:30 am, mere hours after its US broadcast. This would’ve been the soonest Indian audiences would be able to legally watch the show — on TV, Star World was to air will air it at 11 pm on Tuesday. And Hotstar had…

India Has Just Overtaken The US To Become Facebook’s Biggest Market

India Has Just Overtaken The US To Become Facebook’s Biggest Market

As of 13th July 2017, India has more Facebook users than anywhere else in the world. Facebook is now reporting to its advertisers that India has 241 million “potential active users”, compared to 240 million potential active users in the United States. This is the first time a country has overtaken Facebook’s home country in terms of users. It was a development that had been cards; India is the 2nd most populous country in the world,…

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