Twitter Inc lured Google Inc executive Omid Kordestani to become the social media company’s executive chairman, the latest step in the company’s turnaround efforts under Jack Dorsey, who last week was named permanent CEO. Kordestani’s extensive sales experience could prove a good counterpoint to Twitter co-founder Dorsey’s product knowledge and vision, analysts said. “It’s rare
Video-streaming service provider Netflix Inc reported third-quarter US subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss. Shares of Netflix, known for its original shows such as “House of Cards” and “Orange is the New Black”, plunged about 15 percent after the bell, before clawing back to trade down
Cracking its whip on terror propaganda being carried on Internet, government Wednesday ordered banning of two websites and some pages on social networking site Facebook after it was found that they contained material detrimental to the country’s sovereignty. The decision was taken during a high-level meeting in which officials from Department of Telecom, Home Ministry
Toshiba, SanDisk’s partner in making memory chips, is more likely to sign off on a potential takeover of SanDisk by hard drive maker Western Digital than by rival memory chip maker Micron, analysts said. Micron Technology Inc and Western Digital Corp are in talks with SanDisk Corp about a possible acquisition, Bloomberg reported on Tuesday.
Uber on Wednesday confirmed that a software slip briefly exposed personal data of hundreds of US drivers. The controversial ride-sharing company said that it stomped out the bug within a half-hour of getting word of the problem from a driver on Tuesday. “We were notified about a bug impacting a fraction of our US drivers,”
Telecom Minister Ravi Shankar Prasad Wednesday asked the Vodafone Group CEO Vittorio Colao to address the call drop issue. The chief of UK-based Vodafone met the Minister today. “I very firmly told him, call drops need to be addressed and I want Vodafone to play a very proactive role. “Consumers are concerned and we are
Post offices in Madhya Pradesh will sell mobile phones as part of postal department’s Digital India initiative. The department has joined hands with state-run operator BSNL and a Noida-based private company, Pantel Technologies, to sell mobile phones through its offices in the state. Chief Postmaster General of Madhya Pradesh Circle M E Haq Wednesday handed
Facebook has been reported to be hit by a bug that accidentally shows the view counts for posts shared across the social platform. The bug is said to be causing the issue only on mobile website. According to users who reported the issue, the view counts appear below every post shared on the profile and
Uber on Wednesday unveiled its local delivery service for three US cities, aiming for a slice of the fast-growing segment. Uber, which has been testing the service in some areas, said its new UberRush will allow consumers in Chicago, New York and San Francisco to get quick delivery of flowers, burritos or “pretty much anything
The BlackBerry Priv, the Canadian smartphone maker’s first Android-based smartphone, can now be pre-registered via a new dedicated website. The page also confirms some of the smartphone’s specifications. The release date however, is still a secret for now. Interested users can sign-up on the page to get updates as to when the device would be
Digital payments startup Square, founded by Twitter chief Jack Dorsey, announced Wednesday that it has filed with US regulators for a stock market offering to raise $275 million (roughly Rs. 1,781 crores). The exact date Square will go public was not revealed, but the San Francisco-based company planned to trade on the New York Stock
In an interim relief to app-based cab companies, Delhi High Court Wednesday allowed them to ply diesel-run taxis from point to point in the national capital till March 1 next year by when they will have to shift completely to compressed natural gas (CNG). Justice Manmohan further said companies like Ola and Uber which are