Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
06 May 2021
NetflixEmails reveal Apple's desperation to prevent Netflix ditching in-app purchases
It is well known that Apple charges a 30 percent commission on in-app purchases (IAP) per its App Store policy.
06 May 2021
Fuel Price HikePetrol price hiked by 25 paise, diesel by 30 paise
Petrol price on Thursday was hiked by 25 paise per liter and diesel by 30 paise as oil companies raised rates for the third straight day to pass on the increase in international oil prices.
05 May 2021
FacebookTrump's Facebook ban upheld by Facebook-funded Oversight Board
Facebook-funded Oversight Board upheld the social media giant's decision to ban former US President Donald Trump on all its platforms following the January 6 Capitol riots.
05 May 2021
CryptocurrencyHere is what made DogeCoin's price touch 60 cents
DogeCoin, a penny stock equivalent of the cryptocurrency world, was valued in excess of 60 cents a token briefly on May 4.
05 May 2021
Amazon#DealOfTheDay: OnePlus 8 Pro available with benefits worth Rs. 9,000
Are you planning to buy a premium smartphone? If yes, then this might be a good deal for you. Amazon is offering a Rs. 6,000 discount on OnePlus's last-generation flagship smartphone, the 8 Pro.
05 May 2021
SonySony announces partnership with Discord; Integration into PlayStation by 2022
Discord's unofficial acquisition discussions with Microsoft might have fizzled out, but Sony has since struck a deal with the fledgling video game communications entity.
04 May 2021
Flipkart#DealOfTheDay: LG WING is available with Rs. 50,000 off
If you are planning to buy a premium and novel smartphone without denting your wallet, then this deal is for you.
04 May 2021
Fuel Price HikePetrol and diesel prices hiked after over two-week hiatus
Petrol price on Tuesday was increased by 15 paise per liter and diesel by 18 paise as state-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus.
03 May 2021
Flipkart Big Saving DaysFlipkart 'Big Saving Days' sale: Best smartphones under Rs. 25,000
Flipkart has kicked-off its 'Big Saving Days' sale in India with attractive deals and offers on best selling smartphones.
03 May 2021
Bombay Stock Exchange (BSE)Sensex tanks over 600 points in early trade
Market benchmark Sensex plunged over 600 points in early trade on Monday, tracking losses in index-heavyweights Reliance Industries, HDFC twins, and ICICI Bank amid a negative trend in Asian equities.
02 May 2021
CryptocurrencyInvest in Crypto, start with Rs. 100 on CoinSwitch Kuber
Bitcoin and other cryptocurrencies have grown massively in value in just an year. Bitcoin, for instance, is currently priced at Rs. 47,00,000.
01 May 2021
SpaceXNASA freezes funding to SpaceX HLS contract after rivals protest
Even as Amazon crushed the workers' protests against inhuman working conditions, the company's CEO Jeff Bezos successfully used the same strategy to compel NASA to suspend SpaceX's funding for the lunar project.
01 May 2021
IndiaBoeing announces $10 million aid for India's fight against COVID-19
Multinational aerospace company Boeing on Friday announced a $10 million emergency assistance package to support India's COVID-19 response.
30 Apr 2021
HondaChip crisis hits automobile industry, leading manufacturers cut production
A recent development highlights how deeply technology is interwoven into other global industries. Leading carmakers Ford, BMW, and Honda have warned of production curbs due to chip shortages.
30 Apr 2021
AppleApple's upcoming M1 chip's successor has reportedly entered production
Apple made headlines when it announced a transition from Intel CPUs to its custom-designed processors in 2020. Since then, the M1 chip has featured in devices including the recently launched iPad Pro, 13-inch MacBook Air, and MacBook Pro.
28 Apr 2021
FacebookHere's how Apple is going after Facebook, Google's bottomlines
Apple seems committed to upending Facebook's and Google's ad revenue models. The iPhone maker is thinking several steps ahead and preemptively plugging loopholes that could be exploited by its Big Tech rivals.
28 Apr 2021
ZomatoKey takeaways from Zomato's Rs. 8,250 crore-worth IPO
Food delivery platform Zomato Ltd filed its Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI), heralding its Initial Public Offering (IPO) amounting to Rs. 8,250 crore.
27 Apr 2021
FacebookOnce again, WhatsApp is reminding users about privacy policy deadline
Despite facing severe global backlash for its unilateral privacy policy change, Facebook-owned instant messaging service WhatsApp decided it's a good idea to remind users of the policy change and the fast-approaching implementation deadline.
27 Apr 2021
Bombay Stock Exchange (BSE)Sensex rises over 150 points in early trade
Equity benchmark Sensex advanced over 150 points in early trade on Tuesday, tracking gains in index majors Reliance Industries, HDFC Bank, and TCS despite a negative trend in Asian markets.
26 Apr 2021
RedditReddit faces class action suit for hosting child pornography
Reddit is facing an unprecedented lawsuit under the 2018 Fight Online Sex Trafficking Act and the Stop Enabling Sex Traffickers Act (FOSTA-SESTA) Bills introduced by then US President Donald Trump.
26 Apr 2021
MicrosoftGoogle, Microsoft pledge support in India's COVID-19 fight
As India records more than three lakh daily COVID-19 cases for the fifth consecutive day, Google and Microsoft bosses have pledged support to help with the pandemic.
26 Apr 2021
Bombay Stock Exchange (BSE)Sensex surges over 600 points in early trade
Equity benchmark Sensex rallied over 600 points in early trade on Monday, tracking gains in index majors ICICI Bank, Reliance Industries, and Kotak Bank amid positive trends in global markets.
24 Apr 2021
SpaceXWill ask Starlink to seek permits for India operations: DoT
In a major development that ties Elon Musk and India together, the billionaire's satellite internet service called Starlink could be planning to begin its operations in India.
23 Apr 2021
FacebookFacebook begins monetizing TikTok clone Instagram Reels in India
Facebook's TikTok copy Instagram Reels won't be free any longer, at least for users in India, Brazil, Germany, and Australia. Facebook will be testing advertisements for the short video platform in these countries.
23 Apr 2021
KarnatakaToyota announces temporary suspension of production at Karnataka plant
India's fourth largest car maker Toyota Kirloskar Motor has announced a temporary halt in production at its Bidadi plant in Karnataka.
23 Apr 2021
Latest automobilesOla Electric to set up world's largest two-wheeler charging network
Ola Electric has announced that it is planning to set up the world's largest and densest charging network for electric vehicles (EVs), called the 'Hypercharger Network'.
21 Apr 2021
MicrosoftDiscord reportedly rejects Microsoft's $12 billion acquisition offer
Microsoft was rumored to be in talks with Discord for acquiring it in, what would have been, a $12 billion deal. However, latest reports indicate that deal may have fizzled out, according to unnamed sources privy to Bloomberg.
21 Apr 2021
NetflixNetflix stocks tank after revealing underwhelming subscriber growth numbers
Netflix stocks tanked by 11 percent during after-hours trading despite recording subscriber growth in its first quarter financial results.
21 Apr 2021
Hero MotoCorpHero MotoCorp temporarily halts manufacturing due to rising COVID-19 cases
Hero MotoCorp has announced that it will halt operations temporarily at all of its manufacturing facilities across India, including its Global Parts Center (GPC), due to the rising number of COVID-19 cases.
19 Apr 2021
IndiaHow global part shortages could impact India's price-sensitive smartphone market
Smartphone manufacturers around the world are plagued by chip shortage that's exacerbated by Taiwan's water crisis. However, brands in India are also witnessing a pandemic-fuelled slowdown in demand while they watch the Rupee gradually depreciate against the US Dollar.
19 Apr 2021
Bombay Stock Exchange (BSE)Sensex crashes over 1,300 points in early trade
Equity benchmark Sensex crashed over 1,300 points in early trade on Monday, tracking massive across-the-board sell-off as the major spike in COVID-19 cases in the country spooked investor sentiment.
19 Apr 2021
IndiaHow is India Inc. stepping up to defeat coronavirus?
With India reeling under a deadly coronavirus wave, several companies are expanding their resources to do their bit in the battle against the disease.
16 Apr 2021
AmazonAmazon Prime adds 50 million subscribers thanks to the pandemic
Amazon Prime subscriber count shot up to 200 million while recording a growth of 33 percent. Amazon CEO Jeff Bezos made this announcement in his final annual shareholder letter before he passes the reins to Andy Jassy later this year.
16 Apr 2021
NVIDIAGlobal chip shortages will continue until 2023, TSMC says
The global chip shortages show no signs of abating. Taiwan Semiconductor Manufacturing Co. (TSMC), which accounts for most of world's semiconductor requirements, has stated that it doesn't see the supply shortages ease until 2023.
15 Apr 2021
FlipkartFlipkart to acquire Cleartrip to diversify its offerings
On April 15, Walmart-owned Flipkart confirmed that it will acquire Cleartrip, a leading online travel technology company.
15 Apr 2021
FacebookNew WhatsApp privacy policy could face intervention from German regulators
The Hamburg Commissioner for Data Protection and Freedom of Information, Johannes Casper, has opened proceedings to stop WhatsApp from implementing a controversial privacy policy that allows it to share user data with Facebook.
14 Apr 2021
AppleApple's 'Spring Loaded' event confirmed for April 20
Apple has announced an event for April 20 at 10:00 AM PDT (10:30 PM IST). This will be the brand's first major event for 2021.
14 Apr 2021
FortniteFortnite-maker Epic Games raises $1 billion; Valued at $28.7 billion
Epic Games has raised $1 billion in latest funding round at a current valuation of $28.7 billion. It has added nearly $10 billion to its valuation after Sony had pumped $250 million last year.
13 Apr 2021
MicrosoftMicrosoft buys Siri co-creator Nuance in $19.7 billion deal
Microsoft Corp has bought AI speech tech company Nuance in an impressive $19.7 billion acquisition deal. The firm famously helped Apple develop its Siri voice assistant with its pioneering work in the text-to-speech field since its founding in 1992.
12 Apr 2021
FlipkartFlipkart strikes deal with Adani; to create 2,500 more jobs
Walmart Inc.'s Flipkart and Adani Group on Monday announced a strategic partnership to strengthen logistics and data center capabilities.