Category: BUSINESS
Baba Ramdev’s Patanjali Launches ‘Coronil’; India’s ‘First Ayurvedic’ Covid-19 Medicine for Treating Coronavirus
World’s Largest Fashion Group Zara has reported its First-Ever Quarterly Loss; Spanish Retailer Giant to Closer over 1,000 Stores this Year
Facebook Launches Shops, An E-Commerce Online Shopping Marketplace for Small Business & Kirana Stores to Showcase & Sell their Products on its Virtual Platform
United States becomes Epicentre of Coronavirus Pandemic; United Kingdom warns Citizens for 6-month Lockdown
Alibaba’s Singles’ Day Sales Hits $16.3 Billion In less Than 90 Minutes, Touches $28.63 Billion So Far
Alibaba Singles’ Day sales touch $1 billion in 1 minute and Alibaba’s Singles’ Day Sales Hit $10 Billion in Less Than 30 Minutes Over $1 billion in 1:08 minutes and $22.63 billion in the first nine hours – that’s the rate at which Chinese shoppers are spending at Alibaba’s Singles’ Day sale. More than 200,000 […]
IBM Partners Bank of America to Develop World’s First Financial Services-Ready Public Cloud for Banks
IBM, Bank of America collaborate to build financial services-specific cloud. Bank of America and IBM, along with IBM’s regulatory compliance arm Promontory Financial Group, have partnered to build a cloud for banks that has security, privacy and bank-specific regulatory compliance built in. “INDUSTRY CLOUD” in Financial service industry, first of its kind in the constantly […]
Google buys smartwatch maker ‘Fitbit’ for $2.1 billion, to Rival against Apple Watch
Recently, Google has entered into a definitive agreement to acquire Fitbit, a leading wearables brand across the globe. Google already has offerings like smartphones, smart speakers, a cloud gaming service, and more in its hardware portfolio. We believe technology is at its best when it can fade into the background, assisting you throughout your day […]
China’s Tencent backs India’s Video Streaming Service MX Player with $111M Investment after OLA, Gaana, Swiggy in India
Video app MX Player has raised $111 million in fresh funding from China’s Tencent and its existing owner Times Internet. The deal is Tencent’s second investment into a Times Internet company, after it backed music-streaming platform Gaana last year. The Series A round, said to be raised at a valuation of $500 million, will help […]
Google May Acquire Firework to Rival ByteDance’s backed Video App TikTok
The giant is showing interest in buying Google America’s social video app Fireworks. According to the news, this app helps users to create and share short videos just like their rival app Tick-Talk . According to the Wall Street Journal news, Chinese micro-blogging platform Weibo has also shown interest in purchasing Fireworks, but further negotiations […]
Dubai launches Virtual Business Licence for Overseas Investors, Entrepreneurs & Freelancers; available to 101 Countries will attract 100,000 companies to the Emirate
Dubai launched the first virtual company license in the region on Monday, which will allow investors and freelancers around the world to conduct business in Dubai without a UAE residence, an access to a regulated e-commerce platform, and the opportunity to explore new markets digitally. The license will cost Dh850 per year and currently focuses […]