China’s Tencent might pump $400 million in Ola

China’s Tencent is in talks with homegrown cab aggregator Ola for a fresh round of funding worth $400 million, according to a latest report from the Economic Times. Citing four people aware of the development, ET stated that Tencent executives met with Ola’s management team to discuss funding. The funding from Tencent will help Ola fight … Continue reading “China’s Tencent might pump $400 million in Ola”

China’s Tencent is in talks with homegrown cab aggregator Ola for a fresh round of funding worth $400 million, according to a latest report from the Economic Times. Citing four people aware of the development, ET stated that Tencent executives met with Ola’s management team to discuss funding. The funding from Tencent will help Ola fight … Continue reading "China’s Tencent might pump $400 million in Ola"

WhatsApp for Android beta adds app shortcuts in latest update

WhatsApp for Android beta has started rolling out a new update that brings app shortcuts. The update is currently available for version v2.17.277 for Android.  The new feature was first spotted by Android Police. App shortcuts will allow users to open in-app camera, starred messages and new chat without opening the WhatsApp app. Users can simply … Continue reading “WhatsApp for Android beta adds app shortcuts in latest update”

WhatsApp for Android beta has started rolling out a new update that brings app shortcuts. The update is currently available for version v2.17.277 for Android.  The new feature was first spotted by Android Police. App shortcuts will allow users to open in-app camera, starred messages and new chat without opening the WhatsApp app. Users can simply … Continue reading "WhatsApp for Android beta adds app shortcuts in latest update"

Facebook launches Messenger Platform 2.1 with natural language processing and new tools

Facebook announced Messenger Platform 2.0 in April this year and now the social network has rolled out a new update which includes new and improved features that allow businesses to develop ways to connect with their customers. The Messenger Platform 2.1 update gets a built-in natural language processing (NLP) that automatically detects the context of a message … Continue reading “Facebook launches Messenger Platform 2.1 with natural language processing and new tools”

Facebook announced Messenger Platform 2.0 in April this year and now the social network has rolled out a new update which includes new and improved features that allow businesses to develop ways to connect with their customers. The Messenger Platform 2.1 update gets a built-in natural language processing (NLP) that automatically detects the context of a message … Continue reading "Facebook launches Messenger Platform 2.1 with natural language processing and new tools"

Twitter records $574 million in revenue, user base static at 328 million in Q2 2017

Twitter has revealed financial earnings for Q2 2017. The micro-blogging site recorded $574 million in revenue, down 5% YoY. Twitter’s monthly active user base remained unchanged at 328 million in Q2 2017. This means, Twitter reported 0% user growth this quarter. Net loss was reported at $116 million, an increase of 9% year-over-year, while Advertising … Continue reading “Twitter records $574 million in revenue, user base static at 328 million in Q2 2017”

Twitter has revealed financial earnings for Q2 2017. The micro-blogging site recorded $574 million in revenue, down 5% YoY. Twitter’s monthly active user base remained unchanged at 328 million in Q2 2017. This means, Twitter reported 0% user growth this quarter. Net loss was reported at $116 million, an increase of 9% year-over-year, while Advertising … Continue reading "Twitter records $574 million in revenue, user base static at 328 million in Q2 2017"

Apple officially discontinues iPod nano and iPod shuffle

Apple is bidding adieu to the iconic music players – iPod nano and iPod shuffle. Although Apple is killing the two models, the company has introduced a new variant of iPod Touch. Today, we are simplifying our iPod lineup with two models of iPod touch now with double the capacity starting at just $199 and … Continue reading “Apple officially discontinues iPod nano and iPod shuffle”

Apple is bidding adieu to the iconic music players – iPod nano and iPod shuffle. Although Apple is killing the two models, the company has introduced a new variant of iPod Touch. Today, we are simplifying our iPod lineup with two models of iPod touch now with double the capacity starting at just $199 and … Continue reading "Apple officially discontinues iPod nano and iPod shuffle"

Xiaomi secures $1 billion loan for global retail expansion

Xiaomi has secured a whopping $1 billion loan to expand globally and increase its retail footprint. The Chinese smartphone maker has revealed that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank of China (Hong Kong) … Continue reading “Xiaomi secures $1 billion loan for global retail expansion”

Xiaomi has secured a whopping $1 billion loan to expand globally and increase its retail footprint. The Chinese smartphone maker has revealed that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank of China (Hong Kong) … Continue reading "Xiaomi secures $1 billion loan for global retail expansion"

Zomato, Ola team up to offer cab booking and food delivery

Zomato and Ola have announced a strategic partnership to offer both of its services to their users. As a result of the partnership, Zomato users will be able to book Ola rides within the app and also make payments using Ola Money. Zomato will integrate Ola APIs into their app to make it easier for users … Continue reading “Zomato, Ola team up to offer cab booking and food delivery”

Zomato and Ola have announced a strategic partnership to offer both of its services to their users. As a result of the partnership, Zomato users will be able to book Ola rides within the app and also make payments using Ola Money. Zomato will integrate Ola APIs into their app to make it easier for users … Continue reading "Zomato, Ola team up to offer cab booking and food delivery"

India’s LTE handsets base crosses 150 Million units in Q2, Xiaomi tops in under Rs.10000 category

India’s LTE installed base of handsets crossed 150 million units and is only behind China and USA now and is estimated to surpass the USA in next one year, according to a latest report from Counterpoint’s Market Monitor service. Xiaomi toppled Samsung in the best-seller slot for smartphone models in the under Rs 10,000 segment in the second quarter of 2017. … Continue reading “India’s LTE handsets base crosses 150 Million units in Q2, Xiaomi tops in under Rs.10000 category”

India’s LTE installed base of handsets crossed 150 million units and is only behind China and USA now and is estimated to surpass the USA in next one year, according to a latest report from Counterpoint’s Market Monitor service. Xiaomi toppled Samsung in the best-seller slot for smartphone models in the under Rs 10,000 segment in the second quarter of 2017. … Continue reading "India’s LTE handsets base crosses 150 Million units in Q2, Xiaomi tops in under Rs.10000 category"

India’s smartphone shipments fall for the first time in Q2 ; Xiaomi, OPPO maintain growth: Canalys

The Indian smartphone market contracted for the first time in its history, as shipments to the country fell 4% year on year to just under 27 million units in Q2 2017, according to the latest report from Canalys. Samsung continued to lead the market with a 25% share, followed by Xiaomi, which more than quadrupled … Continue reading “India’s smartphone shipments fall for the first time in Q2 ; Xiaomi, OPPO maintain growth: Canalys”

The Indian smartphone market contracted for the first time in its history, as shipments to the country fell 4% year on year to just under 27 million units in Q2 2017, according to the latest report from Canalys. Samsung continued to lead the market with a 25% share, followed by Xiaomi, which more than quadrupled … Continue reading "India’s smartphone shipments fall for the first time in Q2 ; Xiaomi, OPPO maintain growth: Canalys"

Axis Bank acquires mobile payment firm FreeCharge for Rs. 385 crore

Axis Bank has agreed to acquire mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs. 385 crore. The latest deal comes just a day after Snapdeal board approved Flipkart’s $900- $950 million buyout offer. Happy to announce the partnership between Axis Bank and Freecharge. A great institution taking a fantastic business ahead! Kudos to … Continue reading “Axis Bank acquires mobile payment firm FreeCharge for Rs. 385 crore”

Axis Bank has agreed to acquire mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs. 385 crore. The latest deal comes just a day after Snapdeal board approved Flipkart’s $900- $950 million buyout offer. Happy to announce the partnership between Axis Bank and Freecharge. A great institution taking a fantastic business ahead! Kudos to … Continue reading "Axis Bank acquires mobile payment firm FreeCharge for Rs. 385 crore"