Consumer Web/Social Media

Microsoft and Amazon's AI Partnerships To Be Investigated By UK Regulators

British antitrust regulators are examining partnerships between tech giants Microsoft and Amazon and smaller AI firms, seeking input to assess whether these partnerships can bring out unfair competition in the AI market.


TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban

TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban...

Google Executive Advises Staff to 'Move Within Shorter Timelines' Due to New Market Realities

In a recent meeting at Google's headquarters, Google Senior VP and Search head Prabhakar Raghavan warned employees of a "new operating reality," imposing shorter deadlines to move faster...

Donald Trump Urges 'Young Voters' to Blame Joe Biden if TikTok Gets Banned in the US

Former President Donald Trump said Monday that President Joe Biden would be the one responsible if TikTok is banned in the US as he was "pushing" for it...


Latest News

Blippar Raises $55 Million to Broaden and Develop Its Augmented Reality
Blippar has a total funding of $55 million in Series D including those from its present investors which CEO and founder Ambarish Mitra called as investors with 'long-term vision'. The said fund will
Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit
A350 Increased Sales Boost Airbus Earnings to 1.6%, Equalled A380
Due to the increased sale of Airbus superjumbo A380, the company's earnings rose to 1.6% last year. The aircraft maker is hoping another boost in its earnings this year because of the overwhelming ord
Indian app-makers woo VC funding as smartphone sales soar
Indian smart phone market is witnessing robust growth rate and attracting foreign venture capitalists (VCs). The home-grown apps are creating more demand for venture capital. India is second largest m
Time Inc. Joins the Bandwagon of Yahoo's Potential Buyers
Time Inc. which owns Sports Illustrated and People magazine to name a few, expressed its interest in buying Yahoo. It said that it is interested too in Yahoo's core business which reaches more than 1
GuestLogix begins sale, investment process
Canadian company GuestLogix Inc has received court approval for implementing sale and investment solicitation process (SISP). Canaccord Gunuity Corp will be financial advisor to the company under the
Broadridge picks stake in AMA Partners
NYSE-listed Broadridge Financial Solutions has invested in AMA Partners, BV (AMA). By taking minority stake in AMA Partners, Broadridge will expand its corporate governance solution in Europe.
BDC Capital rolls out C$150-mln IT Venture Fund II
BDC Capital, a subsidiary of Business Development Bank of Canada, has launched IT Venture Fund II with corpus of C$150 million. With an objective of bridging gap in the mid-stage funding, the new fund
Pandora selling itself; stock soars over 10%
Pandora Media Inc has engaged Morgan Stanley to facilitate the selling itself including identifying potential buyers. Pandora has been spending heavily to attract more number of users amid increasing
Saudi Prince Al-Waleed buys some Lyft shares for $148mln
Two prominent investors in Lyft Inc sold some shares to Saudi Arabia's Prince Al-Waleed bin Talal for $148 million. The latest deal puts Lyft's valuation at $5.5 billion from $275 million in May 2013.
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