• Apple logo
    Apple Accuses Qualcomm of Peeling Excessive Royalties

    Apple filed a lawsuit against Qualcomm for $1 billion, accusing mobile chip maker of peeling excessive royalties from it. Apple’s lawsuit, filed on Friday, claimed that Qualcomm has adopted “an abusive licensing model”, whereby “in order to purchase Qualcomm chips or obtain access to patents pledged to a cellular standard, Qualcomm demands that third parties…

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  • velcom-logo-yb
    First Fully Virtualized Commercially Open MNO Core Network

    Velcom, a subsidiary of Telekom Austria Group partners with ZTE Corporation to transform the core architecture of velcom’s network. All legacy core network components – like HLR/HSS, EPC, MSC, PCRF – were migrated to a fully virtualized platform on OpenStack based NFV and standard hardware. This project provides velcom with one of the most innovative telecom core architectures worldwide….

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  • lightbulb-startup
    New Exit Norms to Aid Failed Startups

    Winding up of inoperative startups is no more a tedious process, simpler provisions are made to help entrepreneurs to quickly go through the process of winding up. The Registrar of Companies (RoC) can strike off a company from the register if it has failed to commence business operations within a year of incorporation, or it has…

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    Answering the Call of Native: Local Language Smartphone Apps

    Indus OS an operating system originated with a motive to help people to use smartphone in their local language, Indus OS works with OEMs like Micromax, Intex and Karbonn to integrate its operating system, which offers features like translation through a single swipe, text-to-speech in nine regional languages and intuitive auto-correction. “Besides having a phone that…

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  • Paytm-Logo
    PayTM Inflates Numbers, Alleges Rival Mobikwik

    Mobikwik accuses Paytm of inflating volumes and number of transactions. Upasana Taku, co-founder of Mobikwik, has alleged that Paytm has been reporting high numbers. Data released by the RBI pegged the total number of prepaid payment instruments, including mobile wallet transactions in India at around 88 million in December 2016, which is in sharp contrast…

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  • amazon_logo
    Amazon Infuses INR 1.5 bn in its Payments Arm

    Amazon infuses INR 1.5 billion in Amazon Online Distribution Services, the share capital in AODS has been increased to INR 4 billion from INR 0.69 billion.  The infusion was done in September last year. Increasing the authorised share capital means a higher number of stocks can be issued to raise funds after shareholder approval. Amazon acquired…

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  • agreement
    PropTiger Bags Housing in All-stock Deal

    PropTiger, buys online realty portal Housing in an all-stock deal. The combined entity will get a fresh capital infusion of $50 million from Australia’s REA Group, while Housing’s existing investor SoftBank will put $5 million, the companies said on Tuesday in a prepared statement. The combined valuation of the two companies is $250 million, sources close…

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  • WebRTC
    WebRTC Metrics Report 2016/01

    Web Realtime Communications (WebRTC) is a technology that enables audio and video calls in the web browser without plugins. WebRTC is part of the HTML5 standard, which is defined at the World Wide Web Consortium (W3C). WebRTC has a statistics API, which can be used to collect data from the peer connection between two participants….

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    Startups Prepare for Legal Fight with IT Department

    Startups that have been ordered to pay tax despite valuations being marked down in recent funding rounds are challenging the demands, complaining that the move runs counter to the government’s campaign to encourage entrepreneurial spirit. With startup fever having waned over the past year or so amid concerns over profitability and competition, valuations have declined…

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