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Xiaomi files for worlds biggest IPO in Hong Kong
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The Chinese smartphone leader, Xiaomi has filed for world’s biggest IPO after 2014. The smartphone maker will be using Hong Kong’s new rules for going public.
Xiaomi Corp is getting a huge benefit the changes in the former British Colony. The companies with different share classes can l
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Walmart at the final stages of cracking the Flipkart deal
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India's biggest online store - Flipkart has purchased back its shares worth $350 million numerous minority investors, as India's top funded internet start-up plans to offer a greater part of stake to Walmart Inc. The minority investors, who returned their shares, include ICONIQ Capital, DST Globa
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Walmart Labs on tech hiring binge
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Following news that Walmart plans to cut more than 1,000 corporate jobs and close 64 Sam’s Club stores, it is now on a hiring binge for its Walmart Labs subsidiary. The careers page of the Walmart Labs website currently lists hundreds of job openings, mostly in California and Arkansas, but also i
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YouTube has 1.8 billion logged-in viewers each month
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YouTube CEO Susan Wojcicki says that 1.8 billion registered users are watching videos on the platform each month, not counting anyone who’s watching without an account. Wojcicki announced the milestone at YouTube’s Brandcast presentation to advertisers, alongside some of the year’s most noteworth
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Cambridge Analytica is shutting down
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After the far-reaching scandal over mishandled Facebook user data, Cambridge Analytica is shutting down. The data analytics company’s United Kingdom-based parent organization, SCL Group, will also be shuttered,
The news was reported earlier by The Wall Street Journal. The company soon c
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IT stocks record another high on Sensex in April
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Information Technology stocks have outperformed the index on Sensex in April. The sharp jump in TCS has helped the overall outlook for the tech sector in the country.
The latest gain was led by Tata Consultancy Services (TCS). The company’s shares reached new heights in the month of Ap
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Google revamps its Google Maps developer platform
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Google is launching a major update to its Google Maps API platform for developers today — and it’s also giving it a new name: the Google Maps Platform.
This is one of the biggest changes to the platform in recent years and it’ll greatly simplify the Google Maps developer offerings and h
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