ZTE may be working on smartwatch

Chinese smartphone brand ZTE is rumoured to be working on its first-ever smartwatch. As per a new leak, the Chinese company is working on a smartwatch likely to be called Quartz. The

AskMe shuts down, lays off 4,000 employees

As per latest reports, the consumer internet search platform AskMe has shut down its operations, laying off remaining of its staff. The company probably took the decision because of severe cash crunch.

Foxconn unit picks up 10% stake in MoMagic

Company from Taiwan ,Foxconn International Holdings (FIH) Mobile has picked up 10% stake in MoMagic Technologies for an undisclosed amount in a bid to strengthen its foothold in India. Delhi-based MoMagic is