Business

WeWork's Marcelo Claure - the Chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees.  Mr. Laure has further mentioned that layoff did not only happen at one office location but from all regions of...

Xerox is aiming to buy HP Inc. HP confirmed that it had received a potential business combination proposal from Xerox on Tuesday, 5th November 2019. As per Bloomberg, the company has not locked its final decision yet, and it will be made in...

Google is planning to launch an accelerator program to support the startups working to measure climate change, environment, sustainability, and similar projects. Kate Brandt, Chief Sustainability Officer at Google, while attending the Web Summit 2019 tech event in Lisbon, Portugal announced the future...

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 over in the U.S.  The notice comes not long after the U.S government launched a...

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 reported about Google’s interest in buying Fitbit. Now, Google has acquired Fitbit for the...

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 acquisition of Fitbit is "an opportunity to invest even more in Wear OS...

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 press release, today Amazon announced that if you pay $12.99 a month (or...

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 stock (GOOG, GOOGL) fell around 2% after the company reported earnings and that it...

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 calling him as “one of a generation of leaders who forged Silicon Valley.” He gave...

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, as reported by TechCrunch.  This is the first time that Indian startups have raised...