Just a little over a month after its release, WordPress version 4.7 has been downloaded over 10 million times, according to the official WordPress.org blog. WordPress Version 4.7 was released to the public on December 6,…
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HubSpot Files for IPO, Hopes to Raise $100 Million
HubSpot, the inbound marketing company founded by Brian Halligan and Dharmesh Shah in 2006, has filed its intentions for an Initial Public Offering. The company says it hopes to raise $100 million from sales of…
Instagram Adds 100 Million Users in 6 Months, Now at 600 Million
Instagram has done it again. The Facebook-owned company has grown to more than 600 million users, adding its latest 100 million users in just the past six months. That’s Instagram’s fastest growth rate ever. Instagram…
Ringly Raises $5.1 Million to Create More Gadget Jewelry
With ideas like the Smarty Ring winning support in crowdfunding campaigns, the market for mart jewelry has already been established. But a company called Ringly, also known for a ring that lights up to signal…
Mobile Phone Production in India May Reach 500 Million in 2 Years: DoT
Mobile Phone Production in India May Reach 500 Million in 2 Years: DoT Mobile phone manufacturing in the country may reach 500 million units in coming two years on the back of good base of…
Xiaomi India Claims It Sold Half a Million Smartphones in 3 Days
Xiaomi India Claims It Sold Half a Million Smartphones in 3 Days HIGHLIGHTS The company sold Xiaomi and Redmi devices during the festive season sales The Redmi 3S was the top-selling product on Flipkart Last…
Indian Entrepreneur’s Ad Tech Startup Acquired by Chinese Investors for $900 Million
HIGHLIGHTS Deal represents third largest in ad-tech industry Turakhia’s Media.net is a Yahoo ad partner Media.net ad tech adapts to show relevant ads to users Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia,…
SecureWorks Raises $112 Million in Year’s First Technology IPO
Dell Inc’s cyber-security unit SecureWorks Corp raised $112 million in the first US initial public offering of a technology company in 2016, less than it had hoped for, amid investor skepticism over its profit margins…
Yahoo Investigating Claims of Huge Data Breach Affecting 200 Million Accounts
HIGHLIGHTS Hacker also responsible for selling LinkedIn data dumps earlier Yahoo’s exposed considered to be really old Verizon recently bought Yahoo for roughly Rs. 32,500 crores After a hacker going by the name of Peace…
Monster.com Sold to Dutch Employment Agency Randstad for $429 Million
Dutch temporary employment agency Randstad announced Tuesday it is buying up US jobs site Monster for $429 million (EUR 386.8 million or roughly Rs. 2,868 crores), boosting its foothold in the United States. “Under the…
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