The correction underway at India’s start-ups space

Morgan Stanley’s filing comes nearly two months after Flipkart appointed co-founder Binny Bansal (right) as its new chief executive officer, replacing Sachin Bansal, who became executive chairman. Photo: Hemant Mishra/Mint On 29 July 2014, when Flipkart, India’s largest e-commerce marketplace, said it had raised $1 billion in funding, the world sat up and took notice. […]

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Infibeam Sets IPO for March 21

Online shopping portal Infibeam Incorporation will hit the capital markets on March 21 to mop-up Rs. 450 crore through an initial share plan, becoming the first e-commerce firm to tap the IPO route. The initial public offer (IPO) will conclude on March 23, as per the latest update available with capital markets regulator Securities and […]

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Crowd sourcing innovation

A screen grab of Ideapoke website. New Delhi: Research and development is a costly affair, which often kills innovations in a nascent stage. Moreover, intellectual property (IP) adds to researching woes. What if this technology came as open source? At a time technology is hard to be kept confined to their silos, two Indian childhood […]

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Microsoft Says Still Accepts Bitcoin, Apologises for ‘Inaccurate Information’

False alarm, everyone. Microsoft isn’t dropping support for payments via Bitcoin currency from theMicrosoft Store. The Redmond, Washington-based said on Monday that it conveyed inaccurate information over the weekend. Bitcoin community took a big blow last weekend when a support page on Microsoft website said that the company won’t accept the cryptocurrency on Microsoft Store, […]

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Sony PlayStation Vue Online TV Service Launched Nationwide in the US

Sony said Monday its Internet-based television service aimed at luring consumers away from cable subscriptions was being expanded to the entire US market. The PlayStation Vue will offer streamlined “bundles” for as little as $30 a month without long-term contracts. The network launched in a handful of US cities a year ago, will have content […]

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Amazon Granted Patent for Authorising Payments With Selfies

Online retail colossus Amazon last week was granted a US patent on using selfies – instead of passwords – for shopping when using smartphones. Seattle-based Amazon reasoned that combining sensor and camera capabilities in smartphones with face and gesture recognizing software results in higher security than passwords or identification numbers. “Such approaches provide for user […]

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Online Harassment Must Be Met Head-On: SXSW Panel

Online harassment and sexism is demeaning women and can no longer be brushed aside as an ugly side of social media and the gaming industry if they are to thrive, panellists on Saturday said at the South By Southwest (SXSW) tech meeting in Austin. The gaming summit at one of the premier events on the […]

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