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Home  Business

Business

Zoom acquires Cloud call centre firm Five9 for $14.7 billion

Zoom acquires Cloud call centre firm Five9 for $14.7 billion

  • LG Electronics unveils new compact sound bar for $790

    LG Eclair will be launched in North America later this month and will hit the shelves in major European and Asian countries. In South Korea, the premium sound bar comes with a price tag of 899,000 won ($790).
  • Sensex tanks over 500 points in early trade; Nifty slips below 15,800

    HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC, IndusInd Bank, Kotak Bank, Axis Bank and ICICI Bank.
  • India Inc’s overseas direct investment in June doubles at USD 2.8 bn

    India Inc had invested USD 1.39 billion in overseas ventures in the year-ago month
  • Gross leasing of office space down 22pc across six cities in Jan-June

    The gross absorption stood at 13 million square feet in the year-ago period across India's six major office market and now it is 10.1 million sq ft
  • Automobile exports from India recover in Q1

    As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21
  • Reliance’s O2C, new energy biz may be valued over USD 100 bn: Report

    At the company's AGM of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
  • IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

    Having secured licence from Registrar of Companies, Indian Banks' Association will move an application to RBI to set up Rs 6,000-cr National Asset Reconstruction Company Ltd or bad bank
  • Looking at record sales in India in 2021: Lamborghini

    The company, which sells a range of super luxury cars, is looking to beat its best-ever performance in the country recorded in 2019 when it sold a total of 52 units
  • Sharp rise in Amazon customer base in tier II, smaller towns

    Work-from-home and online schooling enablers are in high demand, besides personal grooming, wellness and grocery products as more customers are getting online for their shopping needs
  • CII for Pandemic Pool to manage risks on long-term basis

    Observing that the risk associated with the pandemic is currently top-of-the-mind issue for most individuals and businesses, CII said their participation for premium funding can be appropriately solicited
  • Classic Legends expands footprint in Hyderabad

    Opens sixth Jawa showroom with Gautam Motorcycles establishing new dealer outlet at Malakpet
  • Amazon Echo Show 10 makes Alexa follow you as you move at home

    The All-new Echo Show 10 comes with a 10.1-inch HD display, 13MP front facing camera, premium sound and intelligent motion that moves the display to face you as you interact with Alexa -- no matter where you are in the room.
  • Zoho replicating satellite office model worldwide

    Opening rural offices across India as well as in Texas, Mexico, and two locations in the European Union
  • Google Cloud eyes thriving Indian startup ecosystem amid IPOs

    According to the ‘Indian Tech Startup Funding Report, H1 2021' by Inc42, the capital inflow in Indian startups is likely to reach somewhere between $19 billion and $23 billion at the end of the year.
  • FPIs pull out Rs 4,515 cr from Indian equities so far in July

    Analysts said, the concerns over the 'Delta' variant of Covid-19 and rising oil prices have weighed in on the investor sentiments.
  • Tesla launches full self driving subscriptions at $199 a month

    According to Electrek, the EV maker aims to deliver a true level 5 full self-driving system and people buying the package are betting on Tesla achieving that goal.
  • Five IT companies in India planning to add 96,000 employees

    A report by Xpheno points out that full stack engineers, data engineers/analytics, backend engineers, machine learning professionals and DevOps are some of the top skills in demand.
  • Virtusa sets up Centre of Excellence at Guru Nanak Institutions

    The CoE will help identify creative minds from the engineering side and train them on niche technology.
  • SICMA to provide 100 oxygen concentrators to Telangana government

    SICMA is providing 100 oxygen concentrators of 10 litres per minute capacity, which it has procured through contributions received from its member companies.
  • TSIC calls applications for ‘Intinta Innovator’ virtual exhibition

    The virtual exhibition will be part of the district level Independence Day celebrations.
  • Hyderabad centre capable to train IAF’s engineers: Pratt & Whitney

    Hyderabad centre has the capabilities to train IAF’s frontline engineers on Pratt & Whitney engines,” Amit Pathak, GM, Pratt & Whitney India told Telangana Today.
  • Mobile computing sales to grow in double digit in 2021: Report

    The combined tablet and notebook PC revenue grew 25 per cent year-over-year in 2020 and will grow another 17 per cent in 2021.
  • Facebook records 38.2% increase in people of colour as leaders

    Facebook said that it will continue striving for an overall 30 per cent increase in representation of people of colour in the US, including Asian and Hispanic people, in leadership roles in five years.
  • Square opens new Bitcoin business named TBD: Jack Dorsey

    Called ‘TBD,' the new business joins existing payments services like Seller, Cash App and Tidal) "with the sole goal of making it easy to create non-custodial, permission-less
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