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Panasonic Eluga Ray Max and Ray X with Arbo smart assistant, fingerprint sensor, 4G VoLTE launched starting at Rs. 8999

Panasonic has launched Eluga Ray Max and Eluga Ray X, its latest smartphones in the new Eluga Ray series that comes with Arbo, a smart AI assistant built by the company. This understands your usage of the phone and will make it more intelligent based on the time and location, says the company. Arbo will be available for the phones by the end of April. Both the phones have a unibody metal design, features a fingerprint sensor, have a selfie flash and come with 4G connectivity with support for VoLTE. Panasonic Eluga Ray Max specifications 5.2-inch (1920 x 1080 pixels) 2.5D curved glass display with Corning Gorilla Glass 3 protection Octa-Core Qualcomm Snapdragon 430 ( 4 x 1.2 GHz Cortex A53 + 4 x 1.5 GHz Cortex A53) 64-bit processor with Adreno 505 GPU 4GB LPDDR3 RAM, 32GB / 64GB internal memory, expandable memory up to 128GB with microSD Android 6.0 (Marshmallow) Dual SIM 16MP rear camera with LED flash 8MP front-facing camera with LED flash Fingerprint s...

Flipkart acquires eBay India, secures $1.4 billion in funding at $11.6 billion valuation

Flipkart just announced that it has acquired eBay’s India business.It acquired Myntra back in 2014 in India’s biggest e-commerce deal and acquired Jabong, PhonePe UPI-based app last year. Flipkart has also received $1.4 billion funding from China’s Tencent, eBay and Microsoft in the latest funding round and will be valued at of $11.6 billion after transaction.“This is the biggest investment in Flipkart’s 10-year history,” said the company. This adds to an existing group of investors that include Tiger Global Management, Naspers Group, Accel Partners and DST Global. “In exchange for an equity stake in Flipkart, eBay is making $500 million cash investment in and selling its eBay.in business to Flipkart,” said the company. However, eBay.in will continue to operate as an independent entity as a part of Flipkart. Upon the close of the transaction, which is expected later this year, Flipkart will acquire eBay’s buyers in India. eBay will remove the number of active ...