Pinterest has surpassed 150 million monthly active users, with more than 75 billion ideas shared. That’s a 50 percent increase from last year when it crossed 100 million monthly users. But more than the big milestone, the company is excited about the diverse group of people using the site. Pinterest Crosses 150 Million Monthly Users A Landmark for Pinterest Interestingly ... Read More »
Samsung Note 7 devices were overheating and catching fire even after a recall. Samsung Electronics Co. and the U.S. Consumer Product Safety Commission agreed to terms for an expanded recall of original and replacement Note 7 smartphones, increasing the number of devices that can be returned to 1.9 million. All owners of the Note 7s will be able to exchange ... Read More »
Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay HIGHLIGHTS Nadella received about $5.66 million in salary and bonus He also got $12 million as stock award Satya Nadella took over as Microsoft CEO in 2014 Microsoft Corp. Chief Executive Officer Satya Nadella’s reported compensation fell 3.3 percent to $17.7 million (roughly Rs. 117 crores) in the software maker’s ... Read More »
Silent Circle, a Geneva-based pioneer in securing mobile communications, said on Friday it has raised $50 million in a Series C financing round led by Santander Bank as it looks to reinvent itself as an enterprise-focused business. The firm, which was founded by well-known cryptologists in 2011, said it plans to use the funds to expand development of software products ... Read More »
HIGHLIGHTS Hike Messenger announced funding of $175 million Hike Messenger is now valued at close to $1.4 billion The funding round was led by Tencent and Foxconn Hike Messenger, started as a joint venture between Bharti Enterprises and SoftBank, just announced its Series D funding round of $175 million (approximately Rs. 1,170 crores) at a valuation of $1.4 billion (approximately ... Read More »
In the first gesture to fulfill his pledge that he and his wife made last year, Facebook CEO Mark Zuckerberg has sold $95 million (roughly Rs. 638 crores) of the social networking giant’s shares. According to a US regulatory filing, The Chan Zuckerberg Foundation and CZI Holdings LLC sold Facebook shares worth $95 million before taxes, Forbes reported on Saturday. ... Read More »
HIGHLIGHTS Hacker also responsible for selling LinkedIn data dumps earlier Yahoo’s exposed considered to be really old Verizon recently bought Yahoo for roughly Rs. 32,500 crores After a hacker going by the name of Peace put up for sale a cache of what’s alleged to be 200 million stolen Yahoo user account credentials earlier this week, the Internet company says ... Read More »
Myntra is India’s largest online fashion retailer. HIGHLIGHTS Flipkart unit buying fashion e-tailer Jabong for $70 million in cash Myntra is India’s largest online fashion retailer Two sites to have combined base of 15 million monthly active users Mumbai: Flipkart, India’s biggest e-commerce firm, is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, ... Read More »
Facebook Inc has signed Offers Really worth more than $50 million with media corporations and celebrities to create motion pictures for its Stay-streaming carrier, the Wall Street Journal mentioned. Facebook has signed almost a hundred and forty Offers, consisting of with CNN, the Big appleInstances, Vox Media, Tastemade, Mashable and the Huffington Publish, the Magazine stated on Tuesday,bringing up a ... Read More »
HIGHLIGHTS Instagram had 400 million Customers final September. Instagram has eclipsed its rival Twitter. Fb bought Instagram for $1 billion in 2012. Instagram now boasts greater than 500 million Customers, greater than 80 percentage of whom areoutside the united states, the organisation stated on Tuesday, in a sign of the image-sharing app’shastily growing global attain. The organization owned by Fb ... Read More »
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