Indian e-commerce marketplace Flipkart has raised $1 billion (about Rs 6,013 crore) in one of the largest funding rounds for any e-commerce company globally - and the single largest round by an internet company from India.
Microsoft Corp's hardware chief gave employees a sneak peek at a 'selfie' phone featuring a 5 megapixel forward-facing camera at an internal meeting this week, a source at the company said on Tuesday.
Canadian smartphone maker BlackBerry announced the purchase of German voice and data encryption and anti-eavesdropping firm Secusmart, whose customers include NATO and German Chancellor Angela Merkel and her government.
Chinese handset maker Xiaomi, which debuted in the Indian smartphone market earlier this month, today said it sold out its stock of its Mi3 smartphone within 5 seconds of going on sale.
Riding on the back of spiralling usage of mobile devices, the number of app downloads in India is expected to surpass the 9 billion mark by 2015, according to an Assocham-Deloitte joint study.
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