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China

China Vows Not to Sell E-Cigarettes

China has asked online stores to stop selling e-cigarettes. It is reported to be a $5 billion industry …

In the news reported by Reuters , China’s tobacco regulation authority has decided to ban the online sale of e-cigarettes. This move has been taken amid the health concerns reverberating…

Business

Facebook reportedly aimed to acquire Fitbit before Google

Facebook was interested to pay up to $1 billion to acquire Fitbit. Google has acquired Fitbit for $2. …

The giant social networking company Facebook was also interested in buying Fitbit for $1 million that is approximately half of the amount Google offered to acquire it. As we already…

Business

Google acquired Fitbit for $2.1b

Google has closed a deal to buy Fitbit and expand its smartwatch and WearOS business. San Francisco based …

Google parent company ALPHABET is to buy smartwatch maker Fitbit for $2.1 billion. In a blog post released by Google SVP of Devices & Services Rick Osterloh said that the…

Amazon

AmazonFresh is Free for Amazon Prime Members now

Amazon Prime members now have a benefit to avail AmazonFresh as free service, otherwise $14.99

Amazon has a piece of great news for its Prime Members, that it will no longer charge a fee of $14.99 monthly for using Amazon Fresh delivery services. In a…

Business

Google’s third-quarter earnings

Google's parent company Alphabet missed the estimates

Google’s parent company Alphabet reports its third-quarter earnings today, according to which expectations of earnings per share were missed, but still, it was in line with what investors expected. The…

Silicon Valley

Sequoia Capital founder Don Valentine Dies at 87

One of the leading American venture capitalists who centered largely on technology companies in Silicon Valley.

Donald T. Valentine the founder of Sequoia Capital died in his home in Woodside, California at the age of 87 of natural causes. As a tribute to Valentine, Sequoia posted…

Business

Indian Startups have raised $11.3B this year; a record

Indian startups have become the next target of investors and venture capitalists globally

With two months left in 2019, Indian tech startups are already having a great year as a record amount of $11.3B has flown into the local ecosystem of the country,…

Business

SoftBank to take charge of WeWork

SoftBank decided to acquire WeWork at an $8 billion valuation.

WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…

Business

Facebook Libra project is coming up with other cryptocurrency ideas

“We could do it differently,'' said by the Head of Libra project for Facebook.

There is a raised possibility that Facebook could use cryptocurrencies based on national currencies, to bring its long-awaited Libra project into the action. In the wake of growing skepticism about…

Business

Canva now valued at $3.2 billion after $85 million fundraise

Canva uses a drag-and-drop format and provides access to photographs, vector images, graphics, and fonts to make images …

Canva is now valued at $3.2 billion after an $85 million fundraise by Mary Meeker’s venture capital firm joined by General Catalyst, Bessemer Venture Partners, Blackbird, and Sequoia China. It…