Startups and Tech

Jabong to halve workforce as part of Flipkart restructuring? Myntra CEO, CFO may quit

As per the latest information, Jabong’s 400-strong workforce may be halved and its base shifted to Bengaluru from Gurugram.

Steep rise in government data requests from India in H1 of 2018: Facebook report

In the January-June 2018 period, Facebook provided some data to the government in 53 per cent of the requests.

Tesla acquires trucking firms to deliver Model 3 on time: Musk

Buyers getting new Tesla delivery on or before December 31, will be eligible for the full $7,500 federal tax incentive.

Where data sits is irrelevant as its ownership is the key: Twitter CEO Jack Dorsey

According to Dorsey, there must be a conversation on data ownership, not localisation.

Automation Anywhere announces $300 million investment from SoftBank Vision Fund

The funding is subject to regulatory approvals and satisfaction of other customary closing conditions.

Microsoft acquires conversational AI and bot development firm XOXCO

Over the last six months, Microsoft has made several strategic acquisitions to accelerate the pace of AI development.

Mahindra rolls out electric autorickshaw Treo in Bengaluru

The 3-wheeler range Treo and Treo Yaari are powered with lithium ion battery, which gives 170 km ride for a single charge.

Infosys names insider Jayesh Sanghrajka as interim CFO

The Board is in the process of selecting the next CFO as incumbent CFO MD Ranganath steps down on Friday.

'Heroes Of Philanthropy': Three businesspersons from south India make it to Forbes list

Kochouseph Chittilappilly, Chairman and CEO of V-Guard Industries and Nandan and Rohini Nilekani, have been honoured for their philanthropic actions.

CleanseCar receives angel investment of Rs 3.5 crore from Venture Catalysts

Venture Catalysts see a lot of potential in the daily car cleaning service space with CleanseCar trying to make it an organised service.