Category: Tech news

IT company Mindteck sets up subsidiary in Philippines

BENGALURU: IT company Mindteck has announced setting up of a subsidiary in the Republic of the Philippines. The new entity will be a wholly-owned subsidiary of Mindteck Singapore Pvt Ltd. In December last year, the company had announced bagging e-nagarpalika contract worth Rs 200 crore. On the occasion, Yusuf Lanewala, Mindteck chairman and managing director,

LeEco prepares ‘grand’ US product launch

Chinese smartphone company LeEco, previously known as LeTV, is reportedly holding an event in Beijing next month. The event is expected to act as a platform for its US launch as the company has sent invites to the US media as well. According to the website 9to5 Google, one of the hottest Chinese startups has

Tech Mahindra joins GE’s Digital Alliance Programme

Tech Mahindra, the IT arm of the Mahindra Group, said it joined General Electric’s Digital Alliance Programme and will use GE’s industrial internet platform to build more solutions in the power, oil & gas and transportation industries. “Our deep expertise and legacy in industrial system and processes will provide businesses with a competitive edge to

Wipro, Jubilant FoodWorks tie up for energy management services

Wipro has announced a five-year partnership with the country’s top food service company Jubilant FoodWorks to deliver energy management services and help reduce energy and operational costs. The EcoEnergy business of Wipro rolled out its multi-year Managed Restaurant Energy Services (MRES) programme last year which ensures effective sustenance of energy cost reduction, Wipro said. “We

Capricoast partners with Beth Living

Online marketplace for modular furnishing solutions Capricoast has partnered with Beth Living, a steel and stainless steel modular furnishing provider. Beth Living’s kitchens and wardrobes will now be available exclusively on Capricoast platform. For CapriCoast, this partnership is an extension of its O2O (Online to Offline) marketplace model. The Beth-Capricoast alliance diversifies the portfolio of

Pandora co-founder Tim Westergren takes over as CEO

Pandora, which is facing increasing competition from Apple Music, Spotify and other music streaming services, said CEO Brian McAndrews has left the company and has been replaced with co-founder Tim Westergren. Shares of Pandora fell sharply after the news was announced Monday morning. The company did not say why McAndrews left. He has been Pandora

Microsoft, Yahoo in talks over private equity deal

Microsoft executives are in early talks with potential Yahoo investors about contributing to financing to buy the troubled internet company, a person familiar with the situation said. The talks are preliminary, the person added, and Microsoft is focused on preserving the relationship between the two companies. Microsoft and Yahoo have longstanding search and advertising agreements.