Business

Apple Inc. and Salesforce.com Inc. on Monday announced a strategic partnership for developing powerful iOS apps for businesses. As a part of the collaboration, Salesforce is redesigning its native app – Salesforce Mobile App to integrate the latest features available on iOS and will launch it in early 2019. “We’re excited to work with Salesforce and that their industry-leading CRM will embrace native iOS and deliver exclusive new features on iPhone and iPad,” said Tim Cook, CEO, Apple. Salesforce is integrating its native mobile app...
Adobe Systems Inc. (NASDAQ: ADBE) confirmed acquiring Marketo Inc., a market-leading automated B2B marketing software company, for whopping $4.75 billion. The deal is expected to close in the fourth quarter of Adobe’s 2018 fiscal. Marketo offers world-class solutions in the B2B digital marketing domains, namely, lead management, e-Mail marketing, consumer marketing, customer base marketing, and mobile marketing. “The acquisition of Marketo widens Adobe’s lead in customer experience across B2C and B2B and puts Adobe Experience Cloud ...
Japanese semiconductor manufacturer Renesas Electronics Corp is close to making its second major acquisition in a bid to cement its position in the lucrative market for automotive chips. Renesas on Tuesday said had reached an agreement to acquire Integrated Device Technology Inc (IDT) for $6.7 billion. Renesas is the second largest producer of auto-related chips after NXP Semiconductors NV. It controls about 30% of the global market for automotive microcontrollers. But weak in manufacturing analog chips like those used in processing ...
The world’s leading browser, Google Chrome today received a fresh look on the account of its 10th birthday. This is the first time that the search giant has redesigned its browser after debuting on September 2, 2008. The new Google Chrome design has a bunch of updated and new features to show-off: rounded tabs, new color palette, a powerful Omnibox, modified navigation track between multiple tabs, tighter security features and many more. CEO Sundar Pichai’s team chose to celebrate Chrome’s 10th birthday by delivering new experiences ...
Google is adopting new measures to prevent reportedly widespread tech support scams that fraudsters perpetuate through its ads. The search giant plans to introduce a verification system that will restrict tech support ads globally, according to its blog post. In the report, Google disclosed shutting down 3.2 billion bad ads of different types in 2017, with an average of 100 ads for every second. The barred ads which Google said violated the company’s policies were under ambiguous categories such as bail bond services and rehab center...
Google TEZ will now be rebranded to Google Pay, the company announced at the 2018 edition of the Google for India event held in New Delhi on Tuesday. In addition, the BHIM UPI-based (a government-built platform) app will now enable users to avail of pre-approved loans through the app. It will now only take a few seconds to enter the desired amount, choose repayment terms, and receive the money in their bank accounts. Google Pay has partnered with Federal, ICICI, HDFC, and Kotak Mahindra to roll out the instant loan feature in the next...
Facebook is reportedly planning to score the ‘trustworthiness’ of its users individually, in an effort to effectively manage content flagging abuse embarked by many on contents they disagree with. The initiative could be ironic. Most Americans believe that Facebook cannot be trusted at various levels: protecting users’ private data and the information it promotes on news feed, according to surveys. The Facebook trustworthiness scores will be scaled from zero to one (0 – 1), reports Yahoo, and used to differentiate users that provide ...
Snap Inc. (NYSE: SNAP), the parent company of Snapchat announced a drastic decline in the user growth on Tuesday at 2018 Q2 earnings call. With 188 million Daily Active Users (DAUs) by the end of June 30, 2018, Snapchat user growth decreased by 2 percent against 191 million in 2018 Q1. Though, 2018 Q2 DAUs figures are much higher than 173 million users recorded in the second quarter of last year. This is the first time the image sharing app has accounted a negative net addition to its user count, since its inception in 2011. The cur...
Founded in 1976, the house of Steve Jobs now holds the trophy engraved with “the world’s first 1 trillion dollar company” title. Apple Inc. (AAPL) beat the Silicon Valley giants Amazon (AMZN), Microsoft (MSFT) and Google Alphabet (GOOGL) quite comfortably in the race to become the first publicly traded, non-government sponsored company to reach a market capitalization of one trillion dollars on August 2, 2018. The market dynamics for Apple started changing post-2018 Q3 earnings call on July 31. It declared the result as the best June...
Sonos Inc., one of the earliest players in the US smart speaker industry, roared during its debut at Wall Street on August 2, 2018. Sonos IPO opened modestly with $16 per share after establishing the initial selling price of $15 on Wednesday evening. The IPO value was set much below the expected range between $17and $19. Listed under the ticker “SONO” on NASDAQ, the company’s stock traded as high as 32 percent to $21 per on the first day after a slow launch. The Sonos IPO day wrapped with $19.91 closing price, marking a valuation of ...