Future

Twitter’s CEO Making Big Product Changes, but Users Not Wowed

Since returning to Twitter Inc in July, Chief Executive, Jack Dorsey has made a handful of dramatic changes to the micro-blogging service – and promised more. But the new features so far have been unsuccessful at doing the one thing Wall Street wants most: getting more people to use the service. Analysts say Twitter’s stock price, which has reached record ... Read More »

FarmVille Creator Zynga Says Will Release a Single Game This Quarter

“FarmVille” creator Zynga Inc forecast lower-than-expected bookings in the current quarter, as the company expects to release only one game in the period. The company forecast bookings in the range of $150 million-$165 million (roughly Rs. 1,019 crores – Rs. 1,121 crores), below the average analyst estimate of $177.3 million (roughly Rs. 1,205 crores) expected by research firm FactSet StreetAccount. ... Read More »

Mark Zuckerberg Calls Andreesen’s ‘Anti-Colonialism’ Comments ‘Upsetting’

Marc Andreessen, a prominent venture capitalist and Facebook Inc board director, apologised on Wednesday for tweets that condemned the Indian government for banning the social media company’s free Internet service. India introduced rules on Monday preventing Internet service providers from having different pricing policies for accessing different parts of the Web, effectively dismantling Facebook’s Free Basics programme, which offers a ... Read More »

SoftBank Confirms Oyo Rooms Has Acquired Zo Rooms

In an earnings presentation posted on its website on Wednesday, SoftBank-funded Oyo Rooms has officially confirmed the acquisition of its rival, Tiger Global backed Zo Rooms. Founded in 2014 by Paavan Nanda, Siddharth Janghu, Abhishek Bhutra, Tarun Tiwari, and Chetan Chauhan, Zo Rooms has a presence in 54 cities, 800 hotels and claims over 249,000 bookings made on its services. ... Read More »

Twitter Woes Deepen as User Base Fails to Grow

Twitter’s woes deepened Wednesday as the struggling messaging platform said it failed to add users in the past quarter, adding to concerns it is lagging in the fast-moving world of social networks. The San Francisco group said its base of monthly active users was 320 million at the end of last year, unchanged from the previous quarter. And excluding those ... Read More »

TSMC Says Quake Impact on Shipments Marginal

Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments. The world’s biggest contract chipmaker has one of its largest and latest 12-inch wafer production facilities in the city of Tainan, where a 6.4-magnitude ... Read More »

Imagination Tech CEO Steps Down; Warns of Operating Loss

Imagination Technologies, a supplier of graphics technology to Apple, said its chief executive Hossein Yassaie had quit, departing as the British company warned it would make an operating loss this year. Non-executive director Andrew Heath had been appointed interim chief executive, the company said on Monday, adding that it would take steps to cut operating costs, including the sale of ... Read More »

‘Moto by Lenovo’ Branded Moto G, Moto X Prototypes Spotted

Lenovo last month had confirmed plans to overhaul the Moto brand to “Moto by Lenovo”. Now, the first two possible phones of the revamped brand have been spotted in leaked images. Fan group HellomotoHK had recently shared images of the purported Moto G 2016 and Moto X 2016 prototypes. In the leaked images, the Moto G and Moto X prototypes ... Read More »

Samsung Galaxy A9 Pro Specifications Tipped in Leaked Benchmark Results

Last month, Samsung was reported to be working on a ‘Pro’ version of its Galaxy A9 smartphone. The firmware of the handset with the codename SM-A9100 was said to be under works. However, no information on its specifications or features was revealed at that time. Now the smartphone has purportedly gone through GFXBench benchmarking website revealing some specifications. As per ... Read More »

Sony Xperia Z5 Reportedly Receiving Android 6.0 Marshmallow Update

Sony has reportedly started seeding the Android 6.0 Marshmallow update to its latest flagship model, the Xperia Z5 smartphone. To recall, the handset launched with Android 5.1.1 Lollipop out-of-the-box. The OTA firmware update is said to have started reaching Sony Xperia Z5 handsets in Turkey and will soon reach the Xperia Z5 Compact and the Xperia Z5 Premium models. The ... Read More »