Foursquare’s chief executive, Dennis Crowley, is stepping down and will be succeeded by Jeff Glueck, the company’s current chief operating officer. Foursquare, which makes apps that helps users find restaurants and stores and “check” into them, also raised $45 million in funding, Glueck said in a blog post on Medium. This series E funding round […]
Tag: Company
Nest thermostat glitch leaves users to freeze, company says issue fixed for most
In India, winters aren’t as severe as they are in North America. We still do have freezing winters up north, but very few have homes with sensors. And if tech is laden around us to keep us warm, no one wants their thermostats to give up on them during such freezing winters. But that’s exactly what happened to […]
Steam Winter Sale Proved to Be a Huge Success, Leaked Valve Report Tips
Steam Winter Sale statistics published by Valve on Monday were meant for its developer-partners only, but the data was accidentally made public, according to Steam DB. It details the results of the changing face of Steam sales, and Valve is pleased with how things went. In its report, the company noted there were more than […]
Xiaomi $46 Billion Valuation Questioned After Missing 2015 Sales Target
China’s Xiaomi raised whopping amount of over $1 billion (roughly Rs. 6,321 crores) in a round of funding back in 2014. The funding also helped the company to raise its valuation to around $46 billion(roughly Rs. 2,84,454 crores). A latest report however claims that Xiaomi is now under pressure as it missed its sales target […]
LeTV’s Le Max, Le 1s India Launch Set for January 20
Chinese firm LeTV has started sending media invites for an event on January 20 where the company is expected to launch its first phones in India. The company is likely to launch the Le Max alongside the Le 1s smartphone. The official invite for the launch event doesn’t say much about the upcoming devices. LeTV […]