Category: Business

Google acquires Typhoon Studios to develop Stadia Games

Google on Thursday acquired the Montreal based gaming company, Typhoon Studios, to improve their own game streaming platform Stadia Games. Typhoon Studio is quite young as of now with 26 employees. They were started almost three years ago and their …

Uber to sell Uber Eats Business in India to Zomato

The news has been come out that Uber has reached its advanced stages of discussion with Zomato about selling their Ubereats India business to them. This is done as a part of their plan to reduce its global expenditure. Zomato …

GitHub looking to penetrate the Chinese market

Due to the continuous increase in the number of developers in China, China has become the largest market for GitHub outside the United States. The current use of Chinese services has also grown, making entering the Chinese market development the …

Panasonic sells semiconductor business to Nuvoton Technology

Just a few hours back, today, Panasonic revealed that they are going to sell their semiconductor division to a midsize Taiwanese company because the company has been suffering consecutive losses in every quarter in that segment. Back in April, Panasonic …

PayPal to acquire Honey Science Corp. for $4 Billion

PayPal is acquiring the e-commerce company which provides coupon codes and offers to the consumers buying online products. “This is amongst the most transformative acquisitions in PayPal’s history” says CEO Dan Schulman. Honey science Corp has a reach of 17 …

Tesla acquires DeepScale to cover its AI talent deficiency

DeepScale an artificial intelligence startup has been acquired by Tesla. This acquisition will help Tesla in the creation of self-driving cars and robotaxis. DeepScale focuses on “Deep Neutral Network (DNN)” according to CNBC. DeepScale specializes in computer efficient deep learning …