Tag Archives: Fires

Future Group fires 400 employees to scale down e-comm venture

Mass layoffs in India are no longer limited to only the information technology and automobile sectors, as witnessed last year. In the past couple of months, Indian companies and startups have been shedding jobs to balance their mounting financial stress. The massive layoffs are happening across segments, and this time the new-age startups are in the lead. And the list ... Read More »

iPhone Fires in China Caused by External Damage, Says Apple

Apple has blamed “external physical damage” for causing a handful of iPhones to explode or catch fire in China and insisted that its handsets posed no safety problem. Fresh on the heels of Samsung’s worldwide Galaxy Note 7 safety fiasco, a Shanghai consumer watchdog said last Friday it had received eight recent reports of iPhones that spontaneously combusted while being ... Read More »

Samsung Quashes Battery Link to Report Galaxy Note 7 Fires in China

Samsung Electronics Co. determined that a problem with batteries that triggered a global recall of its Galaxy Note 7 smartphones wasn’t to blame for devices that burst into flame in China, saying their combustion was likely due to unspecified external heat sources. The company launched a preliminary investigation after comments circulated over the weekend on social media about two of ... Read More »