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Investor wealth shrinks Rs 5.15 lakh crore in early trade
Investors witnessed a wealth erosion of Rs 5.15 lakh crore in BSE-listed companies in morning trade on Monday tracking heavy selloff in the market, with benchmark Sensex plunging over 1,700 points....
AWS revenue increases to $10 billion in Q1
Compared to the same quarter last year, Amazon Web Services (AWS) revenue topped $10.22 billion in the first quarter of 2020 up 33%, which gives the public cloud business a $41 billion annual run rate. ...
Freshworks recruits Tyler Sloat as CFO
Freshworks has appointed industry veteran Tyler Sloat in the position of Chief Financial Officer, as the software startup seeks to expand its business and eventually go public. The company has carved out a niche in providing customer...
Does BSNL fails once again?
The centre recently pumped in around Rs 70,000 crore to revive BSNL’s lease. It’s not even six months since this relief package was announced, and there is already an attempt to scuttle the dying telecom company’s revival plans....
Wistron with others set to resume production in Karnataka; lack of clarity for Foxconn, Oppo, Vivo
Wistron, the iPhone maker along with other ecosystem companies in Karnataka are set to resume production after attaining requisite permissions from state authorities. But companies such as Foxconn, Dixon, Samsung, Oppo and Lava who have factories in the...
Microsoft CEO Satya Nadella: "We saw two years of digital transformation in two months"
Microsoft CEO Satya Nadella states that due to Coronavirus, Microsoft has seen two years' worth of digital transformation in just two months of its third-quarter (January-March). ...
Swiggy’s Urban Kirana is a dark store pilot for delivering essential products
According to sources, Swiggy is piloting with dark stores under the brand name Urban Kirana for delivering essential products. The company is currently running a pilot in Bengaluru with six stores in areas including Indiranagar...
Xiaomi charged with recording users data and sending to remote servers
Xiaomi has been recently charged for recording data and raising privacy concerns of its users. Cybersecurity researcher Gabi Cirlig discovered that his Redmi Note 8 was ‘watching much of what he was doing on his phone’....
Microsoft Teams achieves 75 million daily users, supports 1 lakh attendees in live events
As per Microsoft CEO, Satya Nadella, the enterprise communication tool of Microsoft, Teams now has accounted over 75 million daily active users and number of organisations integrating their third-party and line of business apps with Teams has tripled in the past 2 months...
Xiaomi Recording Millions Of People's 'Private' Web And Phone Use
Xiaomi phone as a backdoor equipped with a phone’s function, he was actually half-joking. It seems like he does have proof and insights that shared with Forbes which identified Xiaomi phones as potential privacy invaders. Reported by Forbes....