Oracle wins TikTok over Microsoft in Trump-urged bid

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the US, according to a source familiar with the deal who was not authorised to speak publicly about it. Continue Reading

NT compiles major business booms of the decade

With 2019 coming to an end, News Today compiles a list of sectors that made a huge dent. They were chosen based on impact they made to our lives. From online shopping to food delivery, from watching web series to e-learning, the 2010s has been a decade to remember. Continue Reading

Flipkart hauls more loss: registers Rs 3,837 crore deficit in 2018-19

The unit had posted a loss of Rs 2,063.8 crore for the financial year ended 31 March 2018, documents filed by Flipkart India to the corporate affairs ministry showed. “…company incurred a net loss of Rs 38,368 million during the financial year under review as against the net loss of Rs 20,638 million in the previous financial year. There has been an increase in the net loss by 85.91 per cent,” the documents sourced by Paper.vc said. Continue Reading