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Reuters
July 18, 2018
The European Commission will fine Google a record 4.3 billion euros ($5 billion) on Wednesday over its Android mobile operating system.


BusinessToday.in
New Delhi, June 26, 2018
GlaxoSmithKline shares rise as Coca Cola enters race to buy its consumer nutrition businessThe GlaxoSmithKline Consumer Healthcare stock rose in early trade amid a report that global soft drinks behemoth Coca Cola was planning to buy the former's consumer nutrition business. Nestle, Danone and HUL among other firms are also eyeing GlaxoSmithKline's consumer nutrition business.The maker of Thums Up, Minute Maid juice and Kinley water has moved its focus to launches in the 'healthie...


Reuters
June 26, 2018
Video makers with millions of subscribers on YouTube expressed frustration at a trade show last week that the service notifies only a portion of their followers about new posts, causing declines in viewership and their revenue.


Associated Press
SEOUL, South Korea, June 21, 2018
Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.


Reuters
June 21, 2018
Facebook Inc-owned (FB.O) social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube.


BusinessToday.In
May 27, 2018
Google and Facebook, along with the social media giant's subsidiaries WhatsApp and Instagram, could be fined $9.3 billion in total over privacy complaints of breaking European Union's new privacy law.


Reuters
New Delhi, May 12, 2018
Minority investors holding 60 percent of Flipkart's shares \"acting together, may require Flipkart to effect an initial public offering\" (IPO) four years after the close of the Walmart-Flipkart transaction, the Arkansas-based retailer said in a regulatory filing.


BusinessToday.In
New Delhi, May 10, 2018
According to Bloomberg, Uber Technologies Inc. is planning to deliver food by drone in San Diego, USA, as part of a wide-reaching commercial test program approved by the federal government on Wednesday.


BusinessToday.in
New Delhi, May 10, 2018
Walmart Inc announced acquisition of 77% stake in Flipkart for about $16 billion in the largest e-commerce deal which will give the US retailer access to the Indian online market. This market is estimated to grow to $200 billion within a decade. It is the biggest M&A deal in India this year. Watch BusinessToday.In Editor Rajeev Dubey break the deal down for you.


PTI
May 9, 2018



PTI
May 9, 2018



BusinessToday.In
New Delhi, May 9, 2018
Flipkart is expected to sell 70-75 per cent stake to the Bentonville-based retail major but the final contours of the deal will be announced today evening. Bansal, who's also the executive chairman of Flipkart, will step down from its board after the final deal is through.


BusinessToday.In
New Delhi, May 9, 2018
Walmart likely to announce Flipkart deal soonWalmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant's biggest acquisition of a business. Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, as reported by Reuters. Walmart will acquire about a 60 percent stake in Flipkart, while Alphabet will get a r...


Reuters
May 9, 2018
Alphabet Inc's Google said on Tuesday it had updated its ad-serving platform, which is used by online publishers, allowing them to select advertising tech vendors that comply with new European data privacy laws.


Reuters
May 9, 2018
The demonstrations at Google I/O, an annual event for creators of Google-compatible products, showed how big technology companies are positioning themselves for a lucrative artificial intelligence revolution while grappling with heightened scrutiny about their societal influence.


BusinessToday.In
May 8, 2018
Flipkart is in the process of selling its majority stake to US major Walmart and the deal is expected to be announced on Wednesday. Once the deal is done, Sachin will step down from the Flipkart board.


BusinessToday.In
New Delhi, May 5, 2018
On Friday, it was reported that Flipkart board has approved 75 per cent stake sale to Walmart for USD 15 billion. Tech giant Google's parent company Alphabet Inc would also tag along with Walmart for an investment in Flipkart.


Reuters
May 5, 2018
Japan's SoftBank Group, the biggest investor in the Indian firm through its private equity fund, is considering selling its roughly 20 per cent stake as part of the deal if the price is right.


BusinessToday.In
New Delhi, May 4, 2018
The US retail giant was in talks with Flipkart for around a year to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade.


BusinessToday.In
May 4, 2018
After months of negotiations, it appears that Walmart may have finally trumped Amazon in the race to buy Flipkart. The brick-and-mortar retailer has reportedly outrivalled the global online retail behemoth to acquire around 75 per cent stake in India's largest e-commerce platform.


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