Author: gyasistory

By Catherine Shu Just one day after Flipkart disclosed that it had raised as massive $1 billion round, Amazon has upped the ante by announcing that it will invest $2 billion in its Indian marketplace, which it launched about a year ago. In a statement, Amazon founder Jeff Bezos said “At current scale and growth…

By Mike Butcher The UK is planning to allow driverless cars to use public roads by next year. At the moment autonomous vehicles are only allowed on private roads. It’s expected that the first vehicles will be seen on some British streets by January next year. Previously, the Department for Transport had said it would…

By Alex Wilhelm Fresh on the heels of the announcement and partial release of Windows Phone 8.1, Microsoft has a new dose of code for users of its smartphone platform: Update 1. Akin to Update 1 for Windows 8.1, Update 1 for Windows Phone 8.1 contains a welcome mix of quality of life and feature…

By Catherine Shu Tech companies, including Microsoft, Facebook, and Nokia, are counting on the “next billion,” or users in developing countries who are just getting access to the Internet, to fuel their future growth. Despite increasing access to technology, including the rapidly growing penetration of inexpensive mobile devices, there are still several major obstacles to…

By Catherine Shu Twitter has acquired image search startup Madbits for an undisclosed amount. The purchase makes sense because the social networking site has been focused on building out its image features. Read More Source: Technology