Exclusive: eBay India’s head of product development Ramkumar Narayanan quits

Ramkumar NarayananRamkumar Narayanan, general manager and global head of monetisation products at eBay Marketplaces in India, has resigned from the firm. He was primarily responsible for generating revenues for eBay. Narayanan has confirmed the development to Techcircle. Previously, he was the vice president of global product management at Yahoo and also worked with Microsoft in the […]

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Yahoo renamed Altaba; CEO Marissa Mayer to leave board

Marissa MayerYahoo! Inc. has said it will be renamed Altaba Inc and chief executive Marissa Mayer will step down from the board following the closing of its merger deal with Verizon Communications Inc. “Following the closing, the company (Yahoo!) will operate as an investment. Immediately following the closing, the size of the Board will be reduced […]

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Yahoo confirms data breach; 500 mn accounts hacked

yahoo3Yahoo! Inc. on Friday confirmed that personal information associated with at least 500 million accounts was stolen from company’s networks and has blamed ‘state-sponsored’ hackers. In a statement the company said that information leaked includes names, email addresses, telephone numbers, date of birth, hashed passwords in possibly the biggest hack in the history. “Yahoo believes […]

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WestBridge, others invest $15.6 mn in data analytics startup Innovaccer

Data analyticsSilicon Valley-based big data startup Innovaccer Inc has raised $15.6 million in a Series A round of funding led by Westbridge Capital Partners, with participation by other angel investors. According to a report by The Economic Times, other angel investors who participated in the round included former Yahoo CTO Raymie Stata, founder of RouteScience Technologies […]

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Sale to Verizon: It ain’t a bad deal for Yahoo!

Handshaking1Concluding a long-drawn bidding process that began in April this year, Verizon Communications Inc, one of the largest telecommunications companies in the US, on July 25 announced it was buying out Yahoo Inc. for $4.83 billion in an all-cash deal. Much has been said about the fall of Yahoo from the pole position it occupied […]

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Have Indian startups lost their charm for Silicon Valley hires?

startupsIf last year saw top tech executives in Silicon Valley being wooed by startups here, this year saw many of them quitting these Indian internet companies. While some were disenchanted by the startup environment in India, many were inspired to become entrepreneurs themselves. Snapdeal’s chief product officer Anand Chandrasekaran was the latest to join the […]

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Are Silicon Valley hires finding India too hot to handle?

Last year, bringing home top talent was the recurrent theme in the Indian startup community. Startups were the toast of the town, and flush with investor money, were convincing Indian talent to leave their jobs at top tech companies in Silicon Valley and return home. But the honeymoon seems to have been short-lived. The number […]

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Looking for a better deal

Anand ChandrasekaranThe latest Silicon Valley hire to give up on Indian startups, Anand Chandrasekaran had joined Snapdeal as chief product officer in June 2015. Chandrasekaran had returned to India in 2014 to join Bharti Airtel as chief product officer after spending three years at Yahoo in California. A year later he had moved to Snapdeal. Prior […]

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