Alibaba Group Holding Limited has sold its stake in the delivery startup for $900 million to a group of investors Alibaba Group Holding Limited has succeeded in reaching an approximately $900m agreement to sell its share in the Chinese big…

Automobile navigation system might be getting more efficient by new chips introduced by Broadcom Corporation. The semiconductor and chip manufacturer, Broadcom Corporation, has recently announced a new chip that will be providing vehicles …

The american restaurant holding giant is currently working on boosting its domestic sales and also its international expansion. Excitement comes towards the South African crowd as Dunkin’ Brand Group signs a franchise deal with Grand Parad…

Amazon is making efforts to rapidly expand in the European market amidst stricter scrutiny of taxation, employment and privacy records. Amazon has stepped up its investment plans across the European region in 2016, hiring thousands of more…

Alibaba would control Meituan Dianping, food delivery startup, after closure of its fundraising round at $1.25bn. The Chinese food delivery startup, Ele.me, is planning to end a financing round worth at least $1.25bn by the earliest in Feb…

Netflix will now control its viewership in a number of countries. Netflix Inc. soon will be clamping down the VPN, proxies that are being used internationally to gain access to the streaming media’s full content library. A number of subscr…

Taxi drivers in Hungary have organized protests against Uber as they believe it is a rising problem for them. Cab drivers in the Hungarian capital, Budapest organized protests against Uber because of its increasing market share amidst new …

The micro-blogging website and the live streaming app will now be accessible on one platform. With its continued efforts of growing user engagement and making the experience more attractive, Twitter Inc. has made yet another effort to fit …

Qualcomm is tying up with TDK for setting up a radio chip venture. Qualcomm is collaborating with TDK Corporation of Japan for the creation of a Singapore-based joint project that would manufacture components for the expanding market for ‘…

Alibaba is tying up with credit agencies and banks to provide a credit facility to SMEs. Alibaba announced yesterday that it has tied up with over 25 credit agencies and banks across the globe to offer a newly introduced credit facility to…

Tesla Motors would be able to roll out its driverless vehicles within two years, according to CEO Musk. Tesla Motors would deliver driverless cars in near future. The CEO and founder of the electric vehicle manufacturing organization ‘Elon…

Apple News achieved positive feedback from many publishers in media industry despite challenges. Since its introduction in September last year, Apple’s News app has attracted over 100 publication partners across the world expecting to bene…

IBM and Under Armour have joined hands together for the cause of diabetic patients. IBM announced an agreement with fitness and sports retailer ‘Under Armour’ to utilize machine-learning technology from Watson. It demonstrated its software…

Toyota Motors Corporation has hired Google's former executive to head its Artificial intelligence research laboratory Toyota Motors Corporation has been able to hire Google's ex-robotics' head and an important official in the technology gi…

The heavy machinery maker is trying its best to get back in the game, but it might not work out too well for it. The past few years have been rough for Caterpillar Inc. and its various segments including have suffered during the time mainl…

Amazon United Kingdom has temporarily halted the sales of Lumia 950XL due to strong demand. Just over a week after halting its selling operations in Germany on a temporary basis, the electronic commerce corporation, Amazon, has currently s…

The ecommerce retail company has managed to win and stay at the top in all the indexes during the year 2015. Amazon indeed enjoyed a merry Christmas as year 2015 turned out to be one of the best years for the e-commerce company. It managed…