Facebook-owned Oculus on Tuesday said it is buying the studio behind hit virtual reality game “Beat Saber” as it looks to expand VR technology to wider audiences. Financial terms of the deal haven’t been disclosed officially, but we’re hoping to get some info on that in the coming days. In an official blog post, Mike Verdu, the Director […]
The tech pioneer has rejected a Xerox proposal to buy the company for $22 per share, arguing that the current offer “undervalues” HP and isn’t in shareholders’ “best interests.” It also cast doubt on Xerox’s ability to pull off the deal in the first place, noting Xerox’s declining revenue and the prospect of massive debt for the combined company. […]
Japan-based tech giant Softbank has infused $5 billion in new financing into co-sharing workspace company WeWork. In a statement, Softbank said it would provide up to $3 billion for the existing shareholders of WeWork. The deal will see Softbank stake increasing to 80 per cent in the company.SoftBank will also accelerate an existing commitment to […]
The finance ministry has recommended the closure of struggling telecom companies BSNL and MTNL, Financial Express has reported. The government has rejected DoT’s request for a Rs 74,000-crore bailout package for BSNL and MTNL, an earlier report in the newspaper had said. As per some insiders, in case Govt. wants to disinvest in BSNL, and invite private players to […]
Oh, you hate your job? You need a new job where you can find satisfaction and peace of mind. LinkedIn a social media for professionals came up with the consolidated list of top 25 companies based on feedback from LinkedIn’s more than 54 million users in India. The study is based on 4 factors: interest […]
Almost every weekend various software firms are conducting recruitment drives to hire talented and smart employees for their organization. Thus it becomes tough for the companies to retain existing employees despite the measures such as variable compensation, higher promotions, overseas postings and retention bonuses. “Someone’s gain is someone’s loss” is true in this case. This […]
Key Features: 0.95-inch AMOLED display panel Displays user’s physical activity, as well as notifications of text messages and voice, calls directly from a connected phone. Used to find the phone or switch a music track Provide you with live weather and stock updates Tit comes with up to 77 colorful watch faces due to the […]
Reliance Jio fiber is looking to change the broadband segment in India the way as it did with mobile service in 2016. Rival Airtel is also now offering up to 1Gbps along with a new Xstream hardware-software platform.With Reliance Jio Fiber, the company is offering up to 1Gbps of speed, free smart TVs with select […]
Working for more than 9 hours in office daily ? Isn’t it the white color slavery in the name of employment ? Yes, taking this issue seriously, three IT employees from Hyderabad, along with activist group Forum Against Corruption has filed a PIL at Telangana High Court. Frustrated over bad leave policy and long working […]
Thinking of a new Startup idea? Wait, we have one for you. Startups focused on cow by-products like dung,urine or dairy products could bag you up to 60% of initial investment as government funding. Rashtriya Kamdhenu Ayog, an organization set up by Narendra Modi government in February with an initial corpus of 500 crore to increase the growth of the […]
