Tag: Billion

Amazon Great Indian Festival and Flipkart Big Billion Days Sale: The Best Mobile Deals Revealed So Far

With less than one week left for Flipkart Big Billion Days sale and Amazon Great Indian Festival festive season sales, both the online marketplaces are slowly revealing some of their biggest deals and offers. Flipkart has already revealed a number of smartphones that will be available under its ‘Crazy Deals’ banner during the upcoming Big […]

Flipkart Big Billion Days Sale: Honor 10, 9N, 7A, and More Honor Discounts Revealed

Flipkart’s annual Big Billion Days sale is scheduled between October 10-14, in which customers are expected to witness hundreds of deals as well as bank discounts and cashback offers. With just a few days to go for the Flipkart sale, Huawei sub-brand Honor has revealed discounts and buyback offers for six of its smartphones – […]

Google May Pay Apple $9 Billion to Remain Default Search Engine on iPhones

Google is reportedly paying Apple a whopping $9 billion (about Rs. 65,000 crores) in 2018 to remain the default search engine for iPhone’s Safari browser on iOS, the media reported. Back in 2013 and 2014, the sum was pegged to be $1 billion (about Rs. 7,251 crores), and analysts in 2017 said the figure had […]

Apple Says It Has Paid Two-Thirds of $15 Billion Irish Tax Bill

iPhone maker Apple has to date paid two-thirds of the EUR 13 billion ($15.1 billion or roughly Rs. 1.03 lakh crores) which EU antitrust regulators said it owes Ireland in back taxes, the company said in a regulatory filing late on Wednesday. The European Commission in August 2016 ordered Ireland to recover the money from Apple […]

Google Expected to Be Fined Record EUR 4.3 Billion by EU Over Android

Google will be fined about EUR 4.3 billion ($5 billion) by the European Union over apps for Android mobile devices, setting a record for antitrust penalties, according to a person familiar with the EU decision. The penalty – the same amount the Netherlands contributes to the EU budget every year – is due to be announced by […]

Google Hit With Record EUR 4.34 Billion Fine Over ‘Illegal’ Android Strategy: EU

EU regulators hit Google with a record EUR 4.34 billion ($5 billion or roughly Rs. 34,300 crores) antitrust fine on Wednesday for using its Android mobile operating system to squeeze out rivals. The penalty is nearly double the previous record of EUR 2.4 billion (roughly Rs. 19,100 crores) which the US tech company was ordered to pay […]

Qualcomm to Pay $2 Billion Breakup Fee to NXP, After Deal Fails to Get China Approval

Qualcomm said Wednesday it was dropping its $44 billion (roughly Rs. 3 lakh crores) deal to buy Dutch chipmaker NXP Semiconductors, a high-profile victim of the rising trade tensions between the US and China. Instead, the San Diego-based chipmaker said it will pay a $2 billion  (roughly Rs. 13,700 crores) breakup fee to NXP and spend […]

Huawei Says It Will Raise Annual R&D Budget to at Least $15 Billion

China’s Huawei Technologies said on Thursday it will increase its annual spending on research and development (R&D) to between $15 billion and $20 billion (roughly between Rs. 1 lakh crores and Rs. 1.37 lakh crores), as it races to be a global leader in 5G technology. Huawei, which previously pledged to invest $10 billion to […]