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Lyft too joins the self-driving car race

By : CIOL Writers

Ride hailing startup Lyft has announced that it is creating its own self-driving car division that would compete with Uber. The company would soon open a facility in Palo Alto, California that would be staffed by “several hundred” engineers who

Grab raises $2B from China’s Didi and SoftBank to take on Uber

By : CIOL Writers

Earlier this month there were reports about Grab raising nearly $2 billion from China’s Didi Chuxing and SoftBank. The deal has finally happened. The Singapore-based company has secured $2 billion and is expecting to raise an additional $500 million from existing and

Internet bug bounty program receives $300,000 funding from Facebook, Ford Foundation to protect the Internet

By : CIOL Writers

The Internet Bug Bounty(IBB) program has received donations of $100,000 each from Facebook, Github and Ford Foundation that will be used to reward hackers for making the internet a more secure public domain, and allowing the IBB to expand the

ToneTag selected for Mastercard Start Path program

By : CIOL Writers

Sound based proximity payment technology provider, ToneTag has been recently selected to participate in the Mastercard Start Path virtual mentorship program. Mastercard Start Path is the company’s global effort to support startups who are reshaping the future of commerce. Following the

A new ready-to-attack version of banking Trojan NukeBot is spotted

By : CIOL Writers

Kaspersky Lab has detected NukeBot – a new malware which has been designed to steal the credentials of online banking customers. Earlier versions of the Trojan were known to the security industry as TinyNuke, but lacked the features necessary to

Uber’s bike-sharing service UberMOTO launched in Noida, Ghaziabad

By : CIOL Writers

After a year of operations in India, Uber‘s bike sharing service- UberMOTO is now available in total seven cities with the company launching operations in Noida and Ghaziabad last Friday. With the launch, the company said it has completed ‘NCR encirclement’ –

Axis Bank’s accelerator program boosting innovative fintech, AI startups

BANGALORE, INDIA: Axis Bank has announced the completion of the first cohort of its startup Accelerator Program at its innovation lab,’Thought Factory’, in Bangalore. The bank might explore some of the novel solutions around Payments, Investments and Credit which are developed by the startups

Amazon joins the fray with $70-$80mn bid to acquire FreeCharge

By : CIOL Writers

Joining the long list of potential buyers like Axis Bank, MobiKwik, Paytm, Bank of Baroda and Times Internet who have shown interest in buying FreeCharge, Amazon too has joined the fray with a $70-$80mn bid to acquire mobile wallet firm, according

Flipkart gifting smartphones to its first few mobile customers under Big 10 celebrations

By : CIOL Writers

Flipkart is going back to its first few customers of mobile phones from several years ago, to thank them for their support by presenting them a phone as a gesture of gratitude. The initiative to acknowledge early mobiles customers is

Ola invest Rs 100cr into its car leasing business

By : CIOL Writers

Cab aggregator Ola has invested Rs 100 crore in its car leasing arm Ola Fleet Technologies, according to documents filed with the Registrar of Companies (RoC). The proposal for Ola investing additional money into Ola Fleet Technologies was accepted by the board

Shanmugh Natarajan is the new MD of Adobe India

NEW DELHI, INDIA: Adobe Systems has announced the appointment of Shanmugh Natarajan as Managing Director for Adobe Systems in India. Natarajan was formerly Executive Director, and will continue to lead Adobe operations in India, in addition to his ongoing responsibility as Vice President,

When Enterprises meet Aliens – ET is DT

UDAIPUR, INDIA: It’s a different DNA altogether and the species looks so light years ahead that

Small businesses in India are embracing digital, but in their own ways

Soma Tah In a world that is going digital fast, small businesses now know that they

Alexa finally coming to Amazon’s Android app, starting this week

By : CIOL Writers

After introducing Alexa to iPhone users by making the feature available within the retailer’s main shopping app this

Google Play Music for iOS now supports Apple Carplay

By : CIOL Writers

Google Play Music for iOS now works with Apple’s finger friendly in-car software, Apple Carplay. Carplay

Samsung’s Galaxy Note 8 launch event confirmed on August 23

By : CIOL Writers

The Samsung Galaxy Note 8 launch date has been confirmed on August 23. Samsung has sent

Firefox 8.0 for iOS launched with night mode, external keyboard support and more

By : CIOL Writers

Mozilla has released a new version of its FireFox browser for iOS. The updated version- Firefox

Twitter is going all guns blazing against trolls and abusive users

By : CIOL Writers

Twitter has launched a number of product updates in the last few months to try and

Reliance Jio launches 4G mobile phone at an effective price of Rs 0

By : CIOL Writers

Honestly, Mukesh Ambani never stops to surprise us. While most of us were awaiting a Rs 500

Paytm introduces ‘digital gold’ as cashback on transactions

By : CIOL Writers

Paytm has introduced the feature of availing ‘digital gold’ as cashback on transactions. This means whether you