Twitter invests $70 million in Sound Cloud

Twitter Inc has invested about $70 million in Berlin-based music service Sound Cloud, technology website Re/code reported citing people familiar with the deal. Twitter confirmed the investment, but did not provide any

Facebook brings chat bots to Messenger

Facebook Inc has opened up its Messenger app to developers to create “chatbots,” hoping that by simulating one-on-one conversations between users and companies it will expand its reach in customer service and

Facebook pulls out Free Basics from India

Social media giant Facebook finally pulled the plug on its controversial zero-rated platform `Free Basics’ in India, days after telecom regulator Trai rejected differential pricing on data and a few hours after

Nasscom may cut growth target for IT industry again

IT industry body Nasscom may forecast lower growth for the software services sector in the next financial year as the industry grapples with increasing macroeconomic uncertainty and currency volatility. Growth issues in

4G will Mark a Turning Point

Much before Reliance launched its 4G services under the brand name Jio, the Union Communications Minister, Ravi Shankar Prasad, stated that it is bound to be a game changer for India. He

Microsoft criticises India’s cloud policy

Microsoft has criticized the Centre’s proposal to empanel a set of cloud service providers for rendering government services, with Bhaskar Pramanik, chairman of the Indian unit of the American technology company telling

IT Executive’s notable Moves :October 2015

Start It Off September was a slow month for executive moves, and October followed suit. But there were still some big-name executives jumping ship or competitors snatching high-level leaders from their rivals