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Silver Lake to pour ₹ 5,655.75 crore in Jio Platforms at an equity value of ₹ 4.90 lakh crore
Reliance Industries and Jio Platforms announced that Silver Lake will invest ₹ 5,655.75 crore into Jio Platforms. This investment values Jio Platforms at an equity value of ₹ 4.90 lakh crore...
Fight among Facebook and NSO Group is very open on WhatsApp hacking, what next…
As per the various published report, Facebook has submitted detailed proof in the court about the Israeli company NSO Group and its allegedly hacking into at least 1,400 WhatsApp users last year via its controversial surveillance software Pegasus....
OnePlus lays off employees in Europe to focus on target markets
A number of European governments have rejected Chinese-made equipment designed to combat the coronavirus outbreak. There is a sharp protest for the Chinese products in Europe due to the out break of COVID-19 from china. ...
Reliance announces pay cuts, Mukesh Ambani to forgo entire compensation
Amidst pandemic coronavirus, Reliance Chief Mukesh Ambani has decided to forgo his entire compensation as the company has announced salary cuts and deferment of performance linked payments for its employees. ...
MeitY lists IT products in essentials items
The Ministry of Electronics and IT (Meity) has looked up the matter of including IT and telecom products in the list of essential items. This will allow their sale through retail stores and e-commerce platforms during the lockdown....
China to be first country to implement digital currency
Central bank of China has confirmed that internal trials for digital currency are now underway in Shenzhen, Suzhou, Chengdu, and Xiong'an....
Oil demand won't recover until end of 2021 - Morgan Stanley
The loss that Global oil demand is facing amid COVID-19, will take the last quarter of 2021 to recover its 2019 phase, said American multinational investment bank and financial services company Morgan Stanley report....
COVID-19 Pandemic: Around 4 crore user to be without mobile phones
A continued restriction on sale of handset and spare parts due to faults and breakdowns by May-end, may put around 4 crore mobile phone users in the country without handsets, said an industry body. At present, more than 2.5 crore mobile...
Apple to settle with $18 million for deliberately "breaking FaceTime"
According to reports, Apple has agreed to pay $18 million to settle a class-action lawsuit accusing the company of intentionally breaking FaceTime,...
Telco edge cloud to provide best data protection and security
In 2019 the global telecommunications market continues its transformation and is underpinning the digital, sharing and interconnected economy. This evolution is mainly driven by the ongoing innovations and technological developments...