Amazon Has Made A Formal Offer To Buy 60% Of Flipkart: Reports
After bitterly slugging it out against it in the Indian market for four years, trading barbs between executives, and undercutting each other on discounts…
Facebook Trolled After New Update Asks Users After Every Post If They Think It’s Hate Speech
Machine learning algorithms can often require large data sets to work with, but Facebook’s approach to categorizing hate speech might be a little…
WhatsApp CEO Jan Koum Quits Facebook, Reportedly Over Differences Around Data Privacy
The rift between WhatsApp’s cofounders and Facebook’s management is now out in the open. Weeks after his WhatsApp cofounder Brian Acton had publicly exhorted…
Softbank Says It’s Open To Offers In Flipkart, 8 Months After Saying It Was Committed To Its Journey
Softbank’s much-heralded investment in Flipkart might last less than a year. After putting in a mega $2.5 billion into Flipkart in August last year, Softbank has…
Swiggy’s CEO On How A 4,000 Km Bicycle Trip From Portugal To Turkey Helped His Startup Journey
You’d think that successful young founders are singularly focused on building their companies, feverishly attending startup conferences and writing business plans while they’re…
Reliance Jio Profitable For Second Straight Quarter, Reports Profit Of Rs. 510 Crore
It turns out that you can deliver services at dirt-cheap rates and still manage to make some pretty good money. Reliance Jio has…
Kishore Biyani’s Future Group Ventures Into Grocery Delivery, Customers Can Now Order Via App
The grocery delivery space has seen many startups crash and burn, but a old hand is now throwing its hat into the ring….
Just How Big Is Amazon Prime?
Amazon is already the biggest online retailer in the world, but it’s always been coy about a crucial facet of its growing empire…
[Updated] Quikr Now Valued Less Than $1 Billion After Markdown From Chief Investor
Update: An ET report said that Quikr’s valuation was closer to $993 million, instead of $885 million. The discrepancy is because of the…