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Bike-sharing pioneer Mobike is retreating to China

In a telling sign of the state of bike sharing, Mobike, a once red-hot startup that attracted billions in investment capital, is closing down all international operations and putting its sole focus on China. On Friday, Mobike laid off its operations teams in APAC, which entailed more than 15 full-time employees

Can we ever evaluate technical debt?

Every couple of months, I talk to an entrepreneur who is interested in building a marketplace for buying and selling app businesses (i.e. the actual IP and ownership of an app or other piece of software). These markets always seem to suffer from a lack of liquidity, and one reason

India’s state gas company leaks millions of Aadhaar numbers

Another security lapse has exposed millions of Aadhaar numbers. This time, India’s state-owned gas company Indane left exposed a part of its website for dealers and distributors, even though it’s only supposed to be accessible with a valid username and password. But the part of the site was indexed in Google,

Removing volatile parts of biz: Wipro

Wipro’s third quarter results suggest things are improving for the company. But its growth rate remains well below that of its peers. Both TCS and Infosys had double-digit constant currency revenue growth rates in the quarter. Wipro was at 7%. In an interaction with TOI, Wipro CEO Abidali Neemuchwala, who

India faces worst water shortage in history

India is facing its worst water shortage in history. Six hundred million people are dealing with high to extreme water shortage, according to a report by Niti Aayog, a policy think tank for the Indian government. Read more about this at cnn.com.

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