The next billion users are the future of the internet

In the late 1990s, I moved from Delhi to Stanford for a master’s degree in computer science. Getting off the plane in San Francisco, I was ecstatic about the amazing computing power, lightning-fast internet and easy access to knowledge available at an American university. Back home, most people across Asia could only get online at an internet café or over dial-up modems, and internet speeds … Continue reading The next billion users are the future of the internet

Sensor Tower: Mobile game spending hit $48.3 billion in 2017

Mobile spending was up across the board globally in 2017 mostly due to games. Total app spend was up 35 percent year-over-year, reaching $58.6 billion on the Apple App Store and Google Play according to mobile market analyst Sensor Tower. The bulk of that was from mobile games, which accounted for 82 percent of all revenue and rose 30 percent year-over-year to reach $48.3 billion. … Continue reading Sensor Tower: Mobile game spending hit $48.3 billion in 2017

Uber’s $20 Billion Reality Check Was a Long Time Coming

By Sergio Lima/AFP/Getty Images. After a long year of scandals, Uber’s board closed a deal with the devil this week, selling a 20 percent stake in the company to a consortium led by Japanese tech giant SoftBank Group, trading an injection of about $10 billion for a significantly lower private market valuation. The deal is expected to end the civil war that has divided Uber’s … Continue reading Uber’s $20 Billion Reality Check Was a Long Time Coming

Uber Sells Stake to SoftBank, Valuing Ride-Hailing Giant at $48 Billion

But the discount is a humbling coda on a rough year for Uber, which has been rocked by a series of scandals, from claims of sexual harassment to revelations of a program meant to deceive law enforcement. The tender offer came at a particularly bad time for the company. Last month, Uber disclosed that it had covered up a security breach that had compromised the … Continue reading Uber Sells Stake to SoftBank, Valuing Ride-Hailing Giant at $48 Billion

Samsung could make $22 billion from OLED displays for the iPhone X

The iPhone X is looking it will be a big hit for not only Apple but, also, the company’s biggest rival, Samsung. The Investor has reported that Samsung stands to make as much as $22 billion from the sale of OLED displays that Apple uses in the iPhone X. Samsung Display is expected to sell between 180 to 200 million OLED panels to Apple for … Continue reading Samsung could make $22 billion from OLED displays for the iPhone X