Another spat between India’s government and U.S. big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to the extent some are rethinking expansion plans, people close to the matter said. The government on Saturday said Twitter Inc had not indicated compliance with new rules aimed … Read more
Amazon.com Inc founder Jeff Bezos will fly to space next month on the first space flight from his rocket company Blue Origin, the billionaire said on Monday. “Ever since I was five years old, I’ve dreamed of traveling to space. On July 20th, I will take that journey with my brother,” Bezos said in an … Read more
Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more
Warren Buffett potentially missed out on Microsoft’s IPO because of Liberty Media’s John Malone. Malone told the investor that he wouldn’t buy the software stock due to competitive threats. The media mogul later said he’d be “bigger than Warren Buffett” if he spun off fewer companies. See more stories on Insider’s business page. Warren Buffett … Read more
Doing business together under a networked ecosystem is key: SAP global CEO, Christian Klein. SAP’s new vision is to build the world’s largest business community, enabling customers to easily connect with companies across supply chains to create networked economies around industries, said its global CEO, Christian Klein. “During this unprecedented year, the importance of the … Read more
At a time when the Covid-19 pandemic has impacted the lives and livelihoods of millions of people and companies around the world, Raj Nayak’s House of Cheer has announced it is making available one of its services, tech-enabled Employee Voice 24/7 platform, to small, medium and large companies, free of cost for six months. Launched … Read more
Major chip manufacturer Qualcomm introduced an updated laptop processor, the Snapdragon 7c Gen2. Designed to power entry-level laptops, it will yield better performance and battery life. Although it’s not challenging Apple yet, Qualcomm is helping improve both PC hardware and software. See more stories on Insider’s business page. On Monday, major chip manufacturer Qualcomm introduced … Read more
Poparazzi topped the free apps chart on the Apple’s US App Store after debuting on Monday. Venture capitalists have been buzzing about the app that could challenge Instagram and Snapchat. Here’s how the new platform that bans selfies and filters works. See more stories on Insider’s business page. A photo-sharing app that bans selfies launched … Read more
The Bengaluru-based company now offers direct investments in mutual funds, stocks, initial public offerings, digital gold, and exchange traded funds. It is backed by fintech investor Ribbit Capital, YC Continuity Fund, and Propel Ventures, apart from Tiger Global and Sequoia. The company has raised more than $142 million from investors, of which $113 million came … Read more