As merger reports of Bengaluru-based Swiggy and Gurugram-based Zomato — two biggest players in the burgeoning online food delivery market — resurfaced, Deepinder Goyal-led Zomato on Tuesday refuted reports, saying they are not in talks with anyone. “We have tremendous focus on our business metrics and have seen great success in our goal towards profitability. …
India’s telecom giants Bharti Airtel and Vodafone Idea have reported a combined $10 billion in quarterly net losses after making provisions to cover to a recent Supreme Court ruling ordering two companies to pay huge fees and penalties within three months. Singapore Telecommunications-backed Bharti Airtel’s loss burgeoned to 230.4 billion rupees ($3.2 billion) for the …
Facebook, the world’s largest social media platform, is renewing its focus on payments, with a significant and unified push into payments. The move to launch Facebook Pay comes despite its previous failed attempts at cryptocurrency (read Calibra), and is yet reflective of Mark Zuckerberg’s thinking to monetize the vast social network by focusing on transactions …
Yogendra Singh, a senior official in the Bihar government, uses an Android smartphone when he has to browse the web, click a photo or watch YouTube videos. However, he still uses his Nokia 105 feature phone for personal and work calls, simply because he finds it handy and its long battery backup is especially helpful …
At the Samsung Developer Conference 2019 for developers held at San Jose on October 29-30, 2019, Samsung powerfully articulated its value propositions for developers, whether it be through the wide device ecosystem offerings for consumers; or the enterprise device offerings, that come coupled with the secure Knox platform. ‘Connected Living’ was the central theme of …
Apple on Wednesday, October 30, 2019, reported its Q4 2019 earnings that beat analyst expectations, and continued to show that it is on the right path with its pivot to services, overshadowing iPhones that were down 9% year-over-year. For Q4 2019, Apple had forecasted revenue between $61-$64Bn, and in actual, achieved revenue of $64Bn and …
Not iPhones, iPads or Apple Watches but it was Mac sales that helped Apple register record growth in the India market in its fiscal Q4 quarter (July-September period). The company generated an all-time revenue record for the Mac desktops in the reported quarter in the country, it announced on Wednesday. “Despite the tough compare, we …
India smartphone market continues to be hard nut to track for Apple. Despite several price cuts and discounts on older iPhones, Apple’s revenue and net profit has fallen to ₹10,538 crores and 262 crores in 2018-19, for the first time in several years, according to the regulatory filings by Apple to the Registrar of Companies, as …
The latest Samsung Galaxy Note 10 Plus is an exciting device that has grown on the back of a series of iterations, which make it the go-to device for an always-on work environment. Having used the Samsung Galaxy Note 10 Plus, I feel it is a powerful device that is a boon for creative professionals …
Bullish on the future of thin and light category of laptops in India, Taiwanese electronics major Asus is now eyeing 40 per cent market share in the segment by 2020, a top company executive has said. The thin and light category of laptops typically weigh less than 2 kg and have a thickness of less …