Business

Uber is reportedly selling its delivery service UberEats India business to local competitor Zomato. The company can sell its food delivery app business at around $400 million, and Uber may invest $150 - $200 million further as part of the deal.  Earlier this month, founder and...

Apple has acquired Spectral Edge, a startup with technology that improves photos taken on smartphones. According to a report by Bloomberg, the startup based in Cambridge, UK, has made some filings public on Thursday, which shows Apple has acquired the company. Peter Ronald Denwood is made their...

Apple is suing former employee Gerard Williams for allegedly breaching terms of his employment contract and loyalty. Gerard Williams is the former chief architect of iPhone and iPad chips (A-series chips). Due to engaging in activities that are related to Apple's chipmaking business,...

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider. Shiva Rajaraman joined WeWork in 2017 and lead the technology team, with various responsibilities including engineering,...

Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial Times. It was founded by Dustin Moskovitz, who co-founded Facebook with Mark Zuckerberg while at Harvard,...

Astralis, one of the leading esports brand and the world's number one Counter-Strike: Global Offensive team is all set to become the first publicly listed esports company. The team has won millions of dollars in the form of tournament prizes.  Now operating as a media company, Astralis...

In his recent tweet Jack Dorsey, CEO of Twitter and the financial services provider company Square, who was in Africa has expressed his nostalgia by saying he is sad about leaving Africa, and he will be back in the mid of next year...

The second-hand clothes marketplace 'Vinted' has raised $140 million in Series-E at a value of over $1 billion. Founded and headquartered out of Vilnius, Lithuania, this used clothing startup is the first tech unicorn popping from the tiny east European country. The second-hand...

TikTok has suspended an account of a teenager Feroza (username: getmefamouspartthree), who posted a series of viral videos attacking China on Uighur Muslims. The videos start as eye-makeup tutorials, to avoid being moderated, but later persuade people and countries to raise voice against...

Indian financial startup Paytm has secured a funding of $1 billion in the latest funding, as reported. Paytm was valued $15 billion in 2019, and over 400 million people in India use its services. The company raised $1.4 billion from SoftBank in 2017. Till day,...