Tag "Amazon"

Flipkart reportedly to acquire eBay India

By : CIOL Writers

India’s startup poster boy Flipkart is planning to acquire eBay India’s operations as part of its latest funding round of $2billion, according to a Factordaily report. Earlier this week, Bloomberg reported that Flipkart had raised $1 billion and further aimed to

Flipkart likely to raise $1.5bn from Tencent and eBay

By : CIOL Writers

Finally, Flipkart seems to be ending its fund-drought phase, which has been going on since last year. Flipkart is reportedly in talks to raise $1.5 billion from Chinese Internet giant Tencent and eBay. According to the Economic Times report, US-based

Besides Siri, iPhone users can now also use Alexa’s services

By : CIOL Writers

Siri is getting a new roomie, Alexa. Yes, now iPhone users would not only be availing the services of the intelligent virtual assistant, Siri but could also use Amazon’s app with its digital voice assistant, Alexa. Though Siri will be the

AWS has acquired meeting productivity startup Do to boost Chime

By : CIOL Writers

Amazon’s new communications suite for businesses may only be a month old, but Amazon is already devising ways to enhance the product that it offers through Amazon Web Services (AWS). The company has acquired Do.com, a startup that specialises in making meetings more productive with services

Twitch announces a new social media feed, Pulse

By : CIOL Writers

Amazon-owned video game streaming company Twitch has announced a new feature Pulse, an integrated social media feed “where streamers can post and engage with all of their followers and the greater Twitch community right from the Twitch front page.” Similar to

AWS acquires media rendering solution company Thinkbox

By : CIOL Writers

Amazon Web Services, a public cloud infrastructure provider, has acquired Thinkbox Software, a company that offers software for managing media rendering workloads. Financial terms of the acquisition weren’t disclosed, and Amazon is yet to comment on the acquisition. Thinkbox, founded

Amazon explains the embarrassing reason of AWS outage

By : CIOL Writers

What caused numerous customers and businesses to witness outage for several hours, was nothing else but a human error. To be specefic, it was a typo. Amazon has released an official statement explaining the outage caused by its Amazon Web

Paytm’s online marketplace grabs $200mn from Alibaba and SAIF Partners

By : CIOL Writers

Chinese e-commerce giant Alibaba is leading a $200 million investment in Paytm E-commerce Private Limited along with another existing backer SAIF Partners. While Alibaba Singapore E-Commerce Pvt. Ltd will invest $177 million in Paytm’s online marketplace unit, rest will come from SAIF Partners, an early investor

Amazon Web Services’ S3 outage crippled a large chunk of the online world

By : CIOL Writers

Amazon’s S3 web-based storage service(AWS) experienced “high error rates” on Tuesday causing disruption either partially or fully among many of the sites that depend on AWS to work. The AWS offering provides hosting for images for a lot of sites

Amazon’s smart assistant Alexa now has 10,000 skills

By : CIOL Writers

Growing by leaps and bounds, Amazon Alexa now has 10,000 “skills”. Since hitting the market in June 2015, Amazon’s voice-controlled assistant had about 1,000 skills in June, 5,000 by December and more than 10,000 as of now, the tech giant

Samsung’s reputation currently at its lowest in the US, says Harris Polls

By : CIOL Writers

Undoubtedly, 2016 was a bad year for the South-Korean tech giant Samsung. Though the company’s earnings report didn’t show any impact on the financial status of the company, its reputation has gone for a toss. According to 2017 Reputation Quotient

Bumper smartphone sales help Flipkart edge past Amazon in Dec, Jan

By : CIOL Writers

Beating the expectations of many analysts, Flipkart made a turnaround defeating its arch-rival Amazon, during the Big Billion Day (BBD) sale in October. Continuing the same trend, Flipkart Internet Pvt. Ltd raked in gross sales of more than Rs 2,600

Google Home and Amazon Echo could be your new telephones devices at home

By : CIOL Writers

The smart, cloud-connected speakers Amazon Echo and Google Home, can currently answer questions, read audiobooks, report traffic and weather, order pizza or an Uber, and apparently, play music. Adding one more feature to these smart assistants, Google and Amazon are

Apple hires Timothy D. Twerdahl to lead Apple TV product marketing

By : CIOL Writers

The Cupertino giant has hired Timothy D. Twerdahl, former head of Amazon’s Fire TV, as Vice President in charge of Apple TV product marketing. Apple confirmed the report to Bloomberg, saying that Twerdahl joined the company earlier this month. With

Paytm’s payments bank gets $32.5mn in fresh funding

By : CIOL Writers

Digital payments platform, Paytm that is all set to launch its payments bank service in Uttar Pradesh, this month has got another Rs 218 crore (or $32.5 million) cash infusion from Paytm CEO Vijay Shekhar Sharma, investing a sum of

Amazon to foray into India’s online grocery segment

By : CIOL Writers

To further push India’s thriving online grocery selling domain, the global e-commerce giant, Amazon has applied for a wholly-owned food venture to the government of India that will allow the platform to stock locally produced food items and sell them

Alibaba to lead $200mn investment in Paytm’s e-commerce business

By : CIOL Writers

Paytm E-Commerce Pvt. Ltd is close to raising 200 million in an investment round led by Chinese internet giant Alibaba Group Holding Ltd, according to an Economic Times report. Citing two people in the know of the deal that will

LGs next flagship device might feature Google Assistant

By : CIOL Writers

Google Assistant, which was exclusively available for Google Pixel and Pixel XL users, might include LG smartphones also in its fence. According to the BusinessKorea reports, LGs next flagship device, G6 will “feature Google’s artificial intelligence (AI) voice assistant service,

Microsoft to be the first tech company to achieve $1 trillion market value

By : CIOL Writers

Leaving behind major tech companies such as Apple, Google, Facebook, and Amazon the Redmond-based Microsoft is predicted to be the first tech company to achieve a market value of $1 trillion. Following LinkedIn’s acquisition, Microsoft will achieve the threshold by

Technology blitzkrieg from 2016: Oculus Touch, Hyperloop One, e-Skin and more

By : CIOL Writers

Technology breakthroughs are the ones that make you sit up and take notice. Because, when they hit you, they are hard to ignore. 2016 was an year where we saw more than one such wonders. We had the Oculus rift