HIGHLIGHTS Morgan Stanley has cut its valuation of Flipkart by 38 percent This puts the valuation at $5.54 billion Flipkart says this is purely theoretical Investing firm Morgan Stanley has reportedly marked down its shares in Flipkart for the second time this year. The firm has reportedly slashed Flipkart’s valuation by 38 percent in the latest round, following a 27 ... Read More »
HIGHLIGHTS Facebook At Work will also offer Groups as well as Messenger The exact pricing for Facebook At Work have not been announced The product has been in the making since 2014 Facebook is set to launch its enterprise communication and collaboration network ‘Facebook At Work’ globally in a few weeks on a per seat pricing model for businesses to ... Read More »
HIGHLIGHTS Twitter may be considering sale; Google, Salesforce are among suitors Walt Disney may also bid for the company Twitter is reported to be seeking about $30 billion for its sale The Walt Disney Company is evaluating a potential bid for Twitter, Bloomberg reported on Monday, citing people familiar with the matter. Unconfirmed reports that Twitter is interested in selling ... Read More »
Twitter has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on October 27, according to people familiar with the matter. The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only last month. It is the clearest sign yet ... Read More »
Twitter Reportedly Planning 300 More Job Cuts as Soon as This Week HIGHLIGHTS The company may cut about 8 percent of the workforce Announcement may come before Twitter releases third-quarter earnings Twitter is trying to control spending as sales growth slows Twitter Inc. is planning widespread job cuts, to be announced as soon as this week, according to people familiar ... Read More »
Instagram Reportedly Testing Live Video Feature Called ‘Go Insta’ HIGHLIGHTS Feature tipped to be added to Stories section Users using feature to be shown at top of page with ‘LIVE’ tag Feature to be named ‘Go Insta’ Earlier this year, Facebook started rolling out its live video feature globally. Since then, the social media networking giant has been pushing this ... Read More »
HIGHLIGHTS Twitter may be considering sale; Google, Salesforce are among suitors Walt Disney may also bid for the company Twitter is reported to be seeking about $30 billion for its sale The Walt Disney Company is evaluating a potential bid for Twitter, Bloomberg reported on Monday, citing people familiar with the matter. Unconfirmed reports that Twitter is interested in selling ... Read More »
Pokemon Go Bug Reportedly Affecting GPS Performance on Android Phones HIGHLIGHTS Game supposedly disrupts GPS even when running in background Issue was spotted on the dated Nexus 5 smartphone Reddit user says couldn’t find similar issue on newer devices Pokemon Go created tremendous amount of interest and excitement at its launch and the game is one of the most talked ... Read More »
Cisco,Systems,to,Reportedly,Lay,Off,About,14,000,Employees HIGHLIGHTS Cisco to shift focus to become a software-centric organisation The job cuts are beacuse of this action taken by Cisco HP and Microsoft also announced job cuts earlier this year Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker’s global workforce, technology news site CRN reported, citing sources close ... Read More »
PostGhost – a nascent website that kept copies of deleted tweets sent by verified users – has decided to shut operations after micro-blogging site Twitter sent the start-up a notice. PostGhost kept copies of tweets sent by verified users with more than 10,000 followers, the Verge reported on Monday. Twitter sent a notice to PostGhost that recording deleted tweets was ... Read More »
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