Weekly Wrap-up: Microsoft Linkedin Acquisition, IRCTC Air, Airtel Open Network & More…


It’s Monday morning and as is customary, it is time to do a quick wrap-up of all the posts published on trak.in last week. If you were offline for any reason, this is a great way to catch up with all the tech buzz from last week.

Weekly Wrap-up: Ola Corporate, BookMyShow Financials, Paytm Sound Pay & More…

At Lenovo Tech World 2016 in San Francisco, California, much awaited premium Motorola Moto Z and Moto Z Force smartphones were announced. Although G5 has a different structure to replace components in the phone, Moto Z and Z Force get magnetic snap-on panels.

IRCTC has upped its game by launching an Android app ‘IRCTC Air’ that offers you to book flight tickets faster than any other app out there, with lowest fares possible. Users will be able to make flight bookings for domestic as well as international flights.

Biased reviews and comments on Zomato have been problematic not just for restaurants and cafes, but also Zomato themselves. With Project Warp, Zomato wants to completely eradicate the menace of fake and biased reviews happening on their platform.

Yahoo has announced that the ‘old school’ Yahoo messenger would be expired on August 5th. Last year in December, when Yahoo introduced the new Yahoo Messenger, then speculations were rife that the old and new one would be integrated, so that traditional and native users would be able to transform easily.

Mobile-only strategy has again been debunked by a new report by TCS-GenZ which has stated that for Indian teens, desktop and laptop are still the most preferred way to access Internet. As per the results of this study, 44% of Indian teens still prefer desktop and laptops to access Internet, compared to 43% who prefer smartphones for accessing the web.

Information and Broadcasting Ministry has revolutionized the process of publishing Govt. advertisements in print media, especially newspapers. For the first time in the history, a ‘Marking System’ has been established to grade newspapers based on verified circulation.

For all those who thought social media is all about connecting with friends and family, think again, for the Maharashtra police will use WhatsApp to send FIR copies to complainants.

World’s largest software maker Microsoft has acquired Linkedin, the World’s leading professional social network. In an official announcement made last week, Microsoft said that they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.

Ringing Bells has woken up from a 4-5 month slumber and promised to deliver its first set of Freedom251 smartphones starting 28th June. The smartphones will be delivered to all those who purchased the phone from Ringing Bell’s website

MapmyIndia, India’s leading provider in map and GPS services, has announced its next generation Internet of Things car device called DriveMate, a plug and play device that converts your car into a smart car.

What can be the possibilities of Microsoft-Linkedin Alliance? What Linkedin can do for Microsoft which Yammer couldn’t do? We explore three possibilities, post Microsoft-Linkedin acquisition:

Smart entrepreneurs are good at introspection and understand what their strengths are and what they lack, so they can hire people who complement each other and have greater synergies to offer as a team. Here are 5 types of employees every startup MUST have!

Indian Patent Office or IPO has introduced new policy framework for Indian entrepreneurs. These new policy features would be the guidelines for those entrepreneurs who wish to file for patents, related with any industry.

Very soon you might not need to carry your Debit card or remember your PIN to withdraw cash from an ATM Machine. DCB Bank has launched Bangalore’s first Aadhaar & Fingerprint (Biometric) based ATM machine in Bangalore. Anyone can withdraw cash from this ATM without needing to have their ATM or Debit card and PIN number.

Two telecommunication services giants, India’s Airtel and Singapore’s Singtel, have partnered to provide high speed internet and telephony services to the residents of 325 cities where the two companies operate it.

The most talked about handset of 2016, OnePlus 3, was finally launched through Online Virtual Reality event. However, the excitement had already died down before the event started, because of numerous leaks that happened yesterday throughout the day.

Traditionally, telecom firms are known to trigger price war by suddenly dropping price and forcing competitors to do the same. But due to cut throat competition within Indian taxi app market, we are witnessing a new level of price war, among the existing apps.

Airtel last week announced launch of Open Network Initiative under their flagship “Project Leap” program wherein the company has vowed to make it’s entire mobile network information accessible to all it’s customers.

Flipkart has around 90,000 active sellers on their platform; and section among them have revolted against their new policies, especially related to return of products. In a rare display of unity, two trade unions representing these angry online sellers have threatened to exit Flipkart

As of now the Jio network already has a total of 7 lakh users. In data usage, Airtel maintains its leads as the market leader and generates a total of 45 PB (Peta Bytes) of data per month, while Jio generated a total of 13 PB data/month which is quite commendable for such a small user base

At an event in Delhi on 15th June, Hyve, a mobility startup launched its brand in the Indian market, and subsequently two Android-based smartphones under the brand, named Buzz and Storm at Rs. 13,999 and Rs. 8,499 respectively.

Last month it was reported that Samsung is planning to move away from Android Wear platform for its future smartwatches, and now we are hearing that Samsung is planning to move its entire Android fleet to its home-baked Tizen OS.

Now, Amazon India too has also moved to the High Court against the entry tax on e-commerce shopping in Gujarat. Two biggies involved in a battle on the same side is bound to make Gujarat Government take cognizance of the fact that this tax is going to adversely affect both the marketplace as well as the buyers.

Huawei Honor 5X made it’s entry into this mid-range segment earlier this year. At Rs. 11,999, it is firmly in middle of the pack as far as the pricing is concerned. Here is our full detailed review of the phone.

While it was reported that Amazon would hike its seller commission charges but the ecommerce giant has done just the opposite. It has reduced its commission rates that it charges from the sellers using its platform thereby rubbing salt on Flipkart’s wounds!

Tata Fund pumped an undisclosed amount (about $100 Million according to reports) into Uber India and the company has now officially partnered with Uber to offer opportunities to drivers for flexible vehicle financing and insurance options.

According to a study, your smartphone loses nearly 50% of its worth within the first two months itself. Compared to cars that lose about 20% value in the first year, smartphone can lose around 65% of their value in their first month of usage.

The next flagship from LeEco, Max 2 Pro is going to house an even bigger 8GB RAM, which exceeds the average laptop user’s needs. Powering the phone will be Qualcomm Snapdragon 821 quad-core processor which makes a sweet combo for a smartphone.

Oyo Rooms has now launched Oyo Bazar, India’s first B2B marketplace built exclusively for the hospitality sector. Hotels and guest houses can shop for any Hotel supplies from the OYO Bazar at a price and quality which is the best in the market. OYO Bazar is a single stop online shop for any hotel supplies required for daily running of the hotel.

And, finally don’t forget to check out our Indian Startup Funding and Investment page, which gives you details of over 1500 startup funding deals that have since January 2015.

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