We reported yesterday about the State of the Internet Report from Akamai which said that global internet speeds had increased considerably in the ending months of 2012. The global average peak connection speed rose by 35% as compared to the previous quarter. The average connection speed also showed an increase of 25%.  South Korea, Japan and Hong Kong were some prominent names when it came to increase...

According to the latest State of the Internet report from Akamai Technologies,  internet speeds (specifically broadband speeds) across the globe seem to be going up in a marked manner. The global average peak connection speed rose by 35% during the ending months of 2012. The State of the Internet report covers the last three months of 2012. Global highlights: 1. The global average connection speed...

Reliance Big Entertainment has announced that its international mobile gaming setup, Reliance Games has acquired mobile game development studios and publishers in Japan and Korea. Such a step was taken to expand Reliance Games and take it into the heart of geographical locations which have some of the highest number of mobile game players. The Japanese and Korean  markets are strategic ones to get...

Ten months ago, Bharti Softbank (BSB) started out as a joint venture between Bharti Enterprises (from the Bharti Group) and Japanese Communications Company Softbank. In less than a year, they have covered a lot of ground, by striking numerous deals with companies, launching new products. In an interview with TechCircle, their Head of Strategy tells us what the future holds for them. Mr. Kavin Bharti...

Japan’s NTT Docomo which holds a 26% stake in Joint Venture (JV) Tata Docomo with Tata Teleservices is disappointed with Tata’s performance. According to Docomo, Tata has has not performed up to the promises made when signing on the Joint Venture. Hence, it is contemplating either a complete exit or increase its own stake to a controlling one. What went wrong? India may be witnessing a very healthy...

Bharti SoftBank & Yahoo Japan will collaborate to develop a India-centric Internet portal aimed at the mobile population. Last year, Bharti Enterprises & Japan’s SoftBank Corp had started a Joint Venture (JV) called Bharti Softbank Holdings Pvt. Ltd. The company intended to explore multiple avenues for revenue generation like mobile banking, social media, mobile gaming & of course, e-commerce....

Amazon Inc. has posted its first Quarter results & they are better than expected. Amazon.com, the world’s online supermarket posted its Quarterly balance sheet & left market investors happily surprised. Industry experts had pegged Amazon’s earning at US$ 12.91 Billion, but Amazon managed to exceed that & earned US$ 13.18 Billion. However, earnings were down 35% from a year ago. But...

Yahoo’s is in a tumultuous stage. Its grand plans at revamping its structure have hit a wall in the form of a stalled deal with its Asian partners. All the parties in discussion with Yahoo have reached an “impasse” over tense valuation discussions. Furthermore, Yahoo!’s biggest shareholders has disclosed that it plans to hold on to four of the company’s 11 board seats. These counter-developments...

Facebook feels that Orkut is still a worthy adversary for it in India. One of the largest, Facebook’s IPO filling keeps revealing many interesting tidbits. We recently wrote about how Facebook actually accepted it had rivals. But considering Orkut to be one of them is, well, amusing in the least. Sure it was a huge rage when Google introduced it. We remember filling in so many fun trivia & quizzes....

Internet giant Yahoo is considering selling a part of its stake in Alibaba, recent reports say. The recently troubled company has a 40% stake in Alibaba Group Holding Ltd and is mulling over the prospect of cutting down the share to 15%.  Yahoo had acquired a 40% stake in Alibaba, based in Hangzhou, eastern China, for about $1 billion in 2005. Alibaba, China’s biggest e-commerce company, wants...