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E-scooter startup, Unicorn shuts down with no money for refunds to the customers

Unicorn, an e-scooter startup from the co-founder of Tile, a gadget tracker, shuts down without money for refunds. The company claims that they lost...

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...

Bill Gates backed startup claims to reduce carbon emissions from large scale industries

Heliogen, a clean energy-based company has invented a technology to concentrate solar energy to achieve temperatures of more than 1000 degrees celsius. This can...

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...

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...

Verizon acquires Jaunt XR, an Augmented Reality company

Jaunt XR an augmented reality company is taken over by Verizon Communication for an undisclosed amount, announced Jaunt on September 30. Verizon has acquired...

Logitech takeover Streamlabs for $89 million

Streamlabs is being acquired by Logitech for approximately $89 million in cash. Logitech will pay an additional $29 million stocks if the company earns...

WeWork’s co-founder Adam Neumann steps down as CEO

Adam Neumann the co-founder of WeWork stepped down as the Chief Executive Officer (CEO) of The We Company as reported by the New York...

Digi-Prex a Hyderabad based startup has raised $5.5M with WhatsApp

Digi-Prex has raised $5.5M from Khosla Ventures, Vedanta Capital, Y Combinator, Quiet Capital, and SV Angel. The founder of Tinder, Justin Mateen also participated...

Microsoft acquires Semmle for an undisclosed amount

Microsoft's GitHub took over Semmle, a San Francisco based coding analysis platform vendor. The amount is not disclosed by Microsoft yet. Semmle will be...

HTC gets Yves Maitre as a new CEO after four years, replaces Wang

Yves Maitre has been appointed as the Chief Executive Officer (CEO) of HTC, effective immediately. Maitre was a former Executive Vice President (EVP) of Consumer...

Spotify acquires SoundBetter, the popular music production marketplace

Popular music streaming platform, Spotify has announced the acquisition of SoundBetter without disclosing the terms of the deal. “We’re excited that creators can generate...

Latest Stories

China’s New Energy Vehicle (NEV) production sees first growth in 2020, Tesla tops July EV sales

The production of New Energy Vehicles (NEVs) in China is looking at an upward moving graph as it sees its first growth in 2020....

Google Pixel 5, with Snapdragon 765G and 8GB RAM, floats onto AI Benchmark website

Following the launch of Pixel 4a on August 3, Google is all set for the fall-launch of Pixel 5. The newest member in the...

Apple Watch likely to adopt MicroLED screen in upcoming iterations

Apple Watch models are likely to be fitted with MicroLED displays instead of the current OLED ones, 3-4 years down the line. Epistar, Taiwan's leading...

Paytm introduces India’s first Android-based portable POS device for retailers

Digital payment pioneer Paytm has bestowed upon Indian retailers, an Android-based point-of-sale (POS) pocket device to ease the load on digital transactions.  In a blog,...

Opera launches ‘Opera for Business’ in partnership with Google

Opera unveiled its 'Opera for Business' service in Nigeria, targeting small and medium enterprises (SMEs) and helping them to become easily discoverable online. Opera...

UAE plans to launch two Navigation Satellites, extends the range of its Space Program

The United Arab Emirates is planning to launch a navigation satellite next year, aimed at demonstrating the country's technological innovation. This will be done...