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Looking to cash in on the 'selfie' craze among youth, Japanese electronics giant Sony launched the dual-SIM Xperia C3 in India for Rs 23,990.

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Xiaomi has announced the launch of its second smartphone for the Indian market. Named the Redmi 1S, the phone will come at a price of Rs 5,999 and will go on sale starting September 2.

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Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.

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