Uber valuation down by 30%? SoftBank may buy stake valuing the ride hailing app at $48 billion SoftBank Group Corp. and a group of investors are trying to buy a stake in Uber Technologies Inc. at a… By BloombergNovember 28, 2017 13:15 IST
Tumblr founder David Karp leaving Yahoo-owned blogging platform Tumblr founder and chief David Karp announced he is leaving the nearly 11-year-old blogging platform — with his departure coming… By AFPNovember 28, 2017 12:58 IST
Big win for Net Neutrality: Internet service providers can’t be discriminatory, TRAI recommends The Telecom Regulatory Authority of India on Tuesday recommended that the internet service providers cannot be discriminatory in providing internet… By FE News DeskNovember 28, 2017 12:28 IST
Microsoft Office now available on Chromebooks Microsoft Office has arrived for Google Chromebook users through the Google Play Store and it will be available free only… By IANSNovember 28, 2017 10:59 IST
Facebook rolling out AI tools to help prevent suicides In yet another attempt to prevent suicides, Facebook is starting to roll out Artificial Intelligence (AI)-based tools to help identify… By IANSNovember 28, 2017 10:53 IST
Court bans Uber services in Israel An Israeli court has ordered global ride-hailing app Uber to stop two of its services here in the absence of… By IANSNovember 28, 2017 10:34 IST
Toyota taps Denso exec as CFO in latest management shuffle Toyota Motor Corp on Tuesday appointed a senior official at its biggest parts supplier as a top executive, promoting cooperation… By ReutersNovember 28, 2017 09:53 IST
Individuals may get big data privacy boost as Shri Krishna panel report moots protection of personal information Moots protection of sensitive personal data or information be brought under the law. By Rishi Ranjan KalaNovember 28, 2017 06:32 IST
BHP targets costs cuts; sees upside in copper, steel prices Top global miner BHP Billiton Ltd said on Tuesday it will drive further cost cuts across its Australian business, and… By ReutersNovember 28, 2017 06:26 IST
Big blow to Essel Highways as Goldman Sachs freezes $220 mn in financing Goldman Sachs is withholding the second tranche of the $220-million financing it had committed to Essel Highways, an arm of… By Rouhan SharmaNovember 28, 2017 06:25 IST
Internet businesses ask US to keep net neutrality rules In a letter dated on Monday, the companies urged FCC Chairman Ajit Pai to reverse course and vote against changing… By ReutersNovember 28, 2017 05:54 IST
Mahindra CIE on acquisition hunt in Korea to gain access to Hyundai Motor, Kia Motors business Auto components maker Mahindra CIE is on the lookout for acquiring an auto component company in Korea, through which it… By Deepak KumarNovember 28, 2017 05:38 IST
Ashok Leyland in pact with Japanese company for Euro-VI engines Ashok Leyland and Hino Motors of Japan have entered into a mutual cooperation agreement that will allow Ashok Leyland to… By FE BureauNovember 28, 2017 05:34 IST
Jio Phone delivery resumes; almost 6 mn phones handed over to users; rural areas get preference It has almost completed delivery of 6 million handsets, with more than half of them going to consumers in rural… By Rishi Ranjan KalaNovember 28, 2017 05:25 IST
Home service startup Housejoy revenues soar 99 pct to Rs 35 cr, reveals CEO Saran Chatterjee Revenues of home services start-up Housejoy soared by 98.8% to Rs 35 crore and losses snipped by 11% to Rs… By Anushree BhattacharyyaNovember 28, 2017 05:21 IST
US senators demand information on massive Uber data theft Five US senators want Uber to tell them when it discovered a massive data breach and what it did to… By ReutersNovember 28, 2017 05:07 IST
Exxon Mobil CEO Darren Woods makes first big changes to refining Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company’s refining operations, part of a push to boost profits… By ReutersNovember 28, 2017 03:06 IST
When Renting trumps Buying A mobile demographic, disposable income and a willingness to leave the comfort zone of wholly owning something act as propellers… By Shinmin BaliNovember 28, 2017 01:49 IST
Trump tariffs 5 key developments: New tariffs to take effect in 7 days, Pakistan, Bangladesh among countries with lower US tariffs
