India's Flipkart unit Myntra and Jabong CEO steps down

The chief executive officer of Myntra and Jabong, a unit of Walmart-owned Flipkart, Ananth Narayanan has left the company to pursue external opportunities, Myntra said on Monday.

India's electric vehicle goals being realized on two wheels, not four

Hurt by high fuel prices, Vinod Gore, a farmer in Gove village in the western Indian state of Maharashtra, ditched his petrol scooter for an electric model, underlining how two-wheelers are driving the country's goal of electrification of its vehicles.

India's top court seeks govt response on plans to snoop on citizens' computers

India's Supreme Court on Monday asked the government to respond in six weeks on pleas challenging a recent home ministry order that allowed some agencies to monitor personal computers of citizens.

Fintech firms want to shake up banking, and that worries the Fed

The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.

Samsung to launch India-first smartphones to counter Chinese rivals

Samsung plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi in the world's second-biggest mobile phone market.

German antitrust watchdog to act against Facebook: report

Germany's antitrust watchdog plans to order Facebook to stop gathering some user data, a newspaper reported on Sunday.

SpaceX to lay off 10 percent of workforce

Elon Musk's rocket company SpaceX will reduce its workforce by about 10 percent of the company's more than 6,000 employees, it said on Friday.

India's online sellers to appeal against competition commission's Flipkart ruling

A group representing online sellers in India will appeal against the Competition Commision of India's (CCI's) ruling in favour of Walmart-owned Flipkart, the group's lawyer Chanakya Basa said in a release on Saturday.

SpaceX to layoff 10 percent of workforce

Elon Musk's rocket company SpaceX will reduce its workforce by about 10 percent of the company's more than 6,000 employees, it said on Friday.

Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO

Qualcomm sought to become the sole supplier of modem chips for Apple's iPhone to recoup a $1-billion "incentive payment" that Apple insisted on, not to block rivals from the market, Qualcomm's chief executive testified on Friday.

SpaceX to lay off about 10 percent of its workforce: source

Elon Musk's SpaceX will lay off about 10 percent of its more than 6,000 employees, a source familiar with the matter said on Friday.

Apple demanded $1 billion from Qualcomm for chance to win iPhone

Apple Inc asked for $1 billion as an "incentive payment" from Qualcomm Inc in order for Qualcomm to become the supplier of modem chips for Apple's iPhone, Qualcomm's chief executive testified on Friday at a trial with U.S. antitrust regulators.

SpaceX to lay off about 10 percent of its workforce: LA Times

Elon Musk's SpaceX will lay off about 10 percent of its more than 6,000 employees, the Los Angeles Times reported on Friday, citing an unnamed source.

Huawei Canada executive leaves post as scrutiny of company grows

One of Huawei Canada's top executives on Friday disclosed he was leaving his post after more than seven years with the Chinese telecommunications equipment maker, which is facing heightened scrutiny over security issues from Canada and its allies.

Corporate investors pile into electric vehicle startups

Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll startup companies working on everything from advanced batteries to charging devices and all-new EVs.

Factbox: Corporate investments in EV startups

Corporations across a variety of industries - auto, energy, electronics, aerospace, telecom - have invested in startup companies engaged in various aspects of automotive electrification, including batteries, charging devices and complete vehicles.

Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones

Apple Inc considered tapping Samsung Electronics Co Ltd and MediaTek Inc along with existing vendor Intel Corp to supply 5G modem chips for 2019 iPhones, according to an Apple executive's testimony at the trial between Qualcomm Inc and the U.S. Federal Trade Commission on Friday.

Slack 'seriously considering' direct market listing: source

Slack Technologies Inc is "seriously" considering making its stock exchange debut through a direct listing, a source familiar with the matter told Reuters on Friday.

Apple to launch three iPhones with new camera features this year: WSJ

Apple Inc plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal reported on Friday.

Accenture CEO steps down due to health reasons

Accenture PLC said on Friday Chief Executive Officer Pierre Nanterme has stepped down due to health reasons, effective immediately.

India's Infosys raises revenue guidance, but third-quarter profit misses estimate

Indian IT services company Infosys Ltd raised its full-year revenue growth forecast on Friday, but reported a larger-than-expected drop in third-quarter profit, due to higher expenses.

India's Infosys third-quarter profit falls 29.6 percent, misses estimates

Indian IT services bellwether Infosys Ltd on Friday reported a 29.6 percent fall in third-quarter net profit, well below market expectations.

Slack planning to pursue direct listing: WSJ

Slack Technologies Inc is planning to go public through a direct listing, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Apple plans to launch three new iPhone models this year: WSJ

Apple Inc plans to release three new iPhone models this year, including a successor to its struggling XR model, the Wall Street Journal reported on Friday.

China retailers slash iPhone prices after Apple sales warning

Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning.

Exclusive: GM's Cadillac will introduce EV in fight against Tesla - sources

Cadillac is expected to become General Motors Co's lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc , two people briefed on the matter said Thursday.

Alphabet board sued on allegations of sexual misconduct cover-up

Two shareholder lawsuits filed this week accused the board of Google parent Alphabet Inc of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years.

Alphabet board faces lawsuit on allegations of sexual misconduct cover-up

A shareholder's lawsuit filed on Thursday said the board of Google parent Alphabet Inc played a direct role in covering up sexual misconduct claims against two top executives in 2014 and 2016.

Massachusetts man gets 10 years in prison for hospital cyberattack

A Massachusetts man was sentenced on Thursday to more than 10 years in prison for carrying out a cyberattack on a hospital on behalf of the hacking activist group Anonymous to protest the treatment of a teenager in a high-profile custody dispute.

Investors ask how the Bezos divorce will affect Amazon

Amazon.com Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.