Tuesday , 24 April 2018
Breaking News

Tag Archives: Said

Walmart Said to Complete Due Diligence for Buying Into Flipkart

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the US retail giant looks to take a controlling stake of 51 percent or more in the Indian company. Walmart has already floated a shareholder agreement, or offer proposal, and is looking to shell out about $10 billion to $12 billion for the stake that would value ... Read More »

Mi MIX 2S Leaked Specifications Show 4400mAh Battery, Mi 7 Said to Support Wireless Charging

Xiaomi Mi MIX 2S has been a part of rumours for a long time. But earlier this week the company confirmed that the handset with a Snapdragon 845 SoC will debut on March 27. And now, it’s time for a screenshot that reveals the new Mi MIX variant’s bezel-less design – without any notch or space for a front-facing camera sensor. The leaked screenshot ... Read More »

iOS 12 Update Said to Bring Animoji on FaceTime, Revamped Do Not Disturb, and More

Apple’s annual software upgrade this fall will offer users plenty of new features: enabling a single set of apps to work across iPhones, iPads and Macs, a Digital Health tool to show parents how much time their children have been staring at their screen and improvements to Animojis, those cartoon characters controlled by the iPhone X’s facial recognition sensor. But just as important this year ... Read More »

Dropbox Said to File Confidentially for US IPO

HIGHLIGHTS Dropbox is currently valued at about $10 billion It is one of the closely watched group of firms with an anticipated IPO Non-public filings have become more common since July Dropbox, the file-sharing private company valued at $10 billion (roughly Rs. 63,500 crores), has filed confidentially for a US initial public offering, people familiar with the matter said. Goldman Sachs ... Read More »

Xiaomi Said to Be Set to Blow Past 2017 Revenue Target

HIGHLIGHTS Xiaomi said to topple its revenue target by 18 percent Xiaomi’s anticipated IPO in 2018 could be the biggest of the year Xiaomi profits expected to grow sharply into 2019 Chinese smartphone maker Xiaomi has told bankers it would top its annual revenue target by as much as 18 percent, sources with knowledge of the matter said, marking a comeback from ... Read More »

Amazon Said to Be Looking at New Food Technology for Home Delivery

Amazon.com is exploring a technology first developed for the US military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion US grocery business. The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year, officials ... Read More »

Apple Said to Seek Tax Breaks for Its iPhone Suppliers in India

HIGHLIGHTS Government officials say meeting this request would require a new policy Apple submitted a list of prerequisites to make iPhones from scratch It began assembling the iPhone SE in Bengaluru in May Apple has asked the Indian government to extend tax breaks to its suppliers if India seeks to become a manufacturing hub for iPhones and its components. Government ... Read More »

US FTC Said to Be Probing Allegations of Amazon’s Deceptive Discounting

HIGHLIGHTS FTC is looking into allegations that Amazon misleads customers Amazon’s pricing discounts and offers on items is under scanner An analysis found that in 61 percent of products with reference prices As part of its review of Amazon’s agreement to buy Whole Foods , the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close ... Read More »

Google Quantum Computing Services Said to Be Available to Researchers

For years, Google has poured time and money into one of the most ambitious dreams of modern technology: building a working quantum computer. Now the company is thinking of ways to turn the project into a business. Alphabet Inc.’s Google has offered science labs and artificial intelligence researchers early access to its quantum machines over the internet in recent months. The goal is to ... Read More »

Symantec Said to Be Considering Sale of Its Web Certificates Business

Cyber-security firm Symantec is considering selling its website certification business, in a deal that could fetch more than $1 billion (roughly Rs. 6,457 crores) and extricate it from a feud with Alphabet Inc’s Google, people familiar with the matter said on Tuesday. Google said in March that it was investigating Symantec’s failure to properly validate its certificates, which confirm that websites can be trusted. Symantec ... Read More »