In a bid to fight off US-based Uber's expansion plan into Chinese markets, Didi Kuaidi, China's largest taxi app company is raising $1.5 billion. This development come only days after a leaked memo from Uber showed that it is raising $1 billion for its expansion plan.

Jun 16, 2015 01:16 AM EDT

To enhance passengers' in-fight entertainment experience, United States-based airline carrier, Virgin America is introducing its latest version of its "Red system", which works on an Android platform and uses a high resolution multi-touch screen, like today's smartphones. The Android-based entertainment systems also gets more storage capacity, more games, improved maps and surround sound technology from startup Dysonics.

Jun 15, 2015 08:34 PM EDT

The technology giant has formed a New York based company Sidewalk Labs that will foccus on tackling urban issues including cost of living, transportation, energy usage, pollution, greenspace and more.

Jun 15, 2015 10:12 AM EDT

Marriott and Netflix have agreed to provide Netflix to the hotel chain's in-room television as a freebie to hotel guests with Netflix accounts.

Jun 15, 2015 08:57 AM EDT

Google Inc's Youtube on Friday announced a new games-app and website called YouTube Gaming, a place where more than 25,000 games will have their own channels, which will make it simpler for gamers to live streaming content and will make it possible for game fans to watch all the best videos under those channels.

Jun 15, 2015 08:32 AM EDT

Giant gaming publisher Starbreeze partners up with game shooter specialist Cmune by investing $1.4 million to bring its hit franchise PAYDAY to the mobile device platform.

Jun 15, 2015 02:18 AM EDT

Catalia Health gained $1.25 million in seed funding from investors such as Khosla Ventures to improve its operations on its robotics that will help treat chronic diseases.

Jun 15, 2015 02:12 AM EDT

Botanical vaporizer manufacturer Pax Labs, recently rounded up funding worth $46.7 million in Series C financing from investors such as Tao Capital, Sand Hill Angels, Fidelity Management & Research Company and Sivia Capital. The funding will be used for international expansion and the manufacturing of new product lines.

Jun 15, 2015 02:04 AM EDT

In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra.

Jun 13, 2015 12:01 PM EDT

Virgin founder Richard Branson is rumored to buy Spain's Yoigo from Swedish company Telia Sonera. However the Swedish firm has not given official statements regarding selling Yoigo.

Jun 13, 2015 11:28 AM EDT

Dozens of suspected cyber crime offenders were arrested by the Europol police after a series of investigations were conducted by law enforcement officers from UK and Belgium respectively.

Jun 13, 2015 10:31 AM EDT

Box Inc ( Box.N), the cloud storage provider raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.

Jun 13, 2015 09:48 AM EDT

Twitter CEO Richard Costolo will be stepping down in July amid complaints of slow user and advertising growth. Board Chairman and former CEO Jack Dorsey steps in as interim CEO while a committee searches for a permanent company head.

Jun 13, 2015 09:36 AM EDT

Line, a popular messaging app operator, has launched its music streaming service- 'Line Music' in Japan making a headstart in virtually untapped market of mobile music business.

Jun 13, 2015 09:29 AM EDT

Apple added a new feature in their HealthKit platform, which will be added in the new iOS 9. The app will now include features that can keep track of women's sexual activities and menstrual cycle. This is in response to the criticism that Apple has disregarded women's health issues for a long time.

Jun 13, 2015 07:12 AM EDT