"I-square-plus-T-square - India and Israel plus Israeli technology and Indian talent, is India-Israel ties for tomorrow."
Israeli Premier Benjamin Netanyahu while welcoming Prime Narendra Modi to his country
This is the number of monthly Facebook users. It took the social network less than five years to go from one billion to two billion users
Amazons India investments cross $2 bn
Online retailer Amazons India investments have gone past $2 billion. The company is reported to have injected `1,680 crore in its main local unit, Amazon Seller Services. This takes the total capital invested to more than Rs 13,800 crore or close to $2.1 billion.
Bengal Governor Hits Back at State Government
The fight between Bengal Chief Minister Mamata Banerjee and Governor Keshari Nath Tripathi over communal violence in North 24 Parganas has intensified. Banerjee was quoted as calling Tripathi a "block president of the BJP"who threatened and insulted her over the phone. A statement by the governor called this an "attempt to cover the lapses of the state government and divert the attention from the main issue of law and order."
Foxconn is reportedly planning to invest up to $5 billion (`32,000 crore) in India to set up facilities to make mobile phones. It will use the factories to export to other markets too.
MS Plans Huge Layoffs
Microsoft is planning a reorganisation of sales and marketing teams. The plan may result in several layoffs, say media reports. The company is reported to be planning to refocus its sales staff to become a key part of businesses that rely on cloud computing.