2023-03-24 10:46
In a sector that was generally being seen a safe bet for most employees even amid these torrid layoff times, the tech consulting and services is now also getting on the layoff bandwagon. Acc… Read More
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2023-03-23 05:39
As ironic as it may sound, Indeed, one of the more popular job listing platforms, has announced lay-offs. In a blog post, Indeed CEO Chris Hyams said that the company is letting go 15% of it… Read More
2023-03-22 18:03
Absolute Sports, the parent company of sports news and analysis website Sportskeeda, has made its first acquisition in the sports media market in the US. Sportskeeda on Tuesday signed defini… Read More
2023-03-22 18:00
China’s Tencent Holdings reported a drop in annual revenue for the first time ever. Coming with the backdrop of a regulatory crackdown, pandemic curbs, and an economic slowdown in the… Read More
2023-03-22 09:07
The popularity of ChatGPT opened the floodgates for numerous other AI chatbots to enter the arena. One of these is Google’s Bard, but ever since it was unveiled last month, it fell sho… Read More
2023-03-20 18:06
Verification is a tricky subject for Twitter, more so since Elon Musk bought the social media company and promptly changed the verification tick process, numerous times. Now that the chaos o… Read More
2023-03-20 17:54
Amazon is reducing its workforce by the thousands, once again. In an internal memo (which has been made public since then) CEO Andy Jassy announced the company’s plans to eliminate ano… Read More
Amidst Global Banking Turmoil, UBS To Bail Out Credit Suisse By Acquiring It In Historic $3.2Bn Deal
2023-03-20 07:04
Banking giant UBS Group AG has agreed to acquire Credit Suisse Group AG – which is navigating tricky waters at this time – in a historic deal to put a halt to yet another banking… Read More
2023-03-17 18:54
Fintech major PhonePe has secured an additional $200 million from its parent company Walmart. Coming as part of the digital payments major’s ongoing fundraising of up to $1 billion, th… Read More
2023-03-17 18:47
Days within SVB’s dramatic collapse, the parent firm of Silicon Valley Bank (SVB) has now walked down the same path. SVB Financial has filed for chapter 11 bankruptcy, declaring a $2.2… Read More
2023-03-17 09:50
Streaming service YouTube TV just got more expensive – the company announced that it is raising the price of its monthly subscription from $64.99/month to $72.99/month (marking an incr… Read More
2023-03-16 05:34
Digital payments giant Stripe announced on Wednesday, that it has signed agreements to raise a staggering $6.5Bn in its Series I funding round. This new round attracted investment from some… Read More
2023-03-16 02:57
Confirming reports from last week, Lenskart has confirmed raising a $500Mn round from the Abu Dhabi Investment Authority. The investment comes at a time when financial markets are reeling un… Read More
2023-03-15 06:42
OpenAI, the parent behind the infamous AI chatbot ChatGPT, has announced the release of a new multimodal AI, GPT-4. Multimodal, since it can take both images and text as inputs to produce a… Read More
2023-03-14 14:56
Months after it laid off nearly 11,000 employees, world’s largest social media company Meta, has announced its plans to cull its workforce by an additional 10,000. Roles pending new hi… Read More
2023-03-14 11:09
A future where we receive phone calls via space satellites in case of cellular dead zones may be sooner than you think. With Apple introducing Satellite-based SOS last year, companies… Read More
2023-03-14 04:35
Startup-accelerator Y Combinator is joining the layoff brigade if the latest development is any indicator. On the heels of two major banking failures in the US – in the form of Silicon… Read More
2023-03-13 09:47
In what is a last-minute deal of relief for a large chunk of SVB customers based in the UK, HSBC has announced that it is acquiring the UK arm of SVB for a symbolic £1. According to a… Read More
2023-03-13 06:41
The world of entrepreneurship is often associated with risk-taking and uncertainty, but the sudden collapse of Silicon Valley Bank (SVB) has brought a new level of unpredictability, more spe… Read More
2023-03-13 05:16
The sudden collapse of Silicon Valley Bank (SVB) last week ensured that billions of dollars were left stranded. Now, in a bid to protect the larger US economy and restore public confidence a… Read More
2023-03-10 18:51
In what serves as the epilogue to its recent journey, Silicon Valley Bank (SVB), one of the leading financial institutions in the tech financing industry and under the SVB Financial Group, h… Read More
2023-03-10 06:07
Social media company Meta is pausing its Reels Play bonus program in the US, according to media reports. The Instagram parent is phasing out the program in order to shift its focus to a reve… Read More
2023-03-09 18:43
India’s Lenskart, which is eyeing to become one of the largest eyewear makers globally, could get a major boost towards that ambition. According to a report in Bloomberg, the Abu… Read More
2023-03-09 06:12
The Indian government has taken a significant step to tighten regulations around cryptocurrencies and virtual assets by bringing them under the purview of money laundering laws. The move com… Read More
2023-03-09 06:11
Google has announced that it will hold its annual I/O Conference on 10th of May this year. The conference, which is one of the most watched events in the tech industry, will be broadcast in… Read More
2023-03-08 06:28
Meta, the parent company of popular social media platforms Facebook, Instagram, and WhatsApp, is reportedly planning another round of layoffs as part of its efforts to cut costs and adapt to… Read More
2023-03-06 06:26
Apple is reportedly preparing to release a new version of its 24-inch iMac, with the M3 chip and the same exterior design, as early as the second half of 2023. Bloomberg’s Mark Gurman… Read More
2023-03-06 05:56
With the economic climate heading towards recession in most parts of the world, the global IPO market has seen an expected lull as well. Not many big listings have taken place, and even the… Read More
2023-03-03 18:29
Indian business of Amazon Pay – the UPI-based digital payment system run by Amazon in India – has been slammed with a fine of ₹3.06 crore by the Reserve Bank of India (RBI)… Read More
2023-03-03 05:54
Leading technology media website CNET has become the latest name in a long list to axe multiple employees, according to multiple people with knowledge of the situation. Media reports have, s… Read More
2023-03-02 17:34
Instances of layoffs have been increasingly frequent over the past months, as big tech and startups alike, have struggled to negotiate an economic slowdown, fears of a recession, and a host… Read More
2023-03-02 17:31
SpaceX has successfully launched a four-man crew to orbit on a trip to the International Space Station (ISS). The launch occurred in the early hours of Thursday when the launch vehicle blast… Read More
2023-03-02 17:30
Neosurf is a reputable online payment method supported by over 20,000 websites worldwide. Neosurf started in 2004, and since then, it has penetrated various spheres, including the online gam… Read More
2023-03-02 06:03
At a time when start-ups across the globe are struggling to make it through a harsh ‘funding winter’, encouraging news is coming in from the VC circles. India’s Nexus Ventu… Read More
2023-03-01 05:39
Windows 11 has just got a huge update.
Earlier, reports came in that Microsoft is working on an AI-powered Bing to make it “smarter” and get an edge over its competitors in the s… Read More
2023-03-01 05:37
SoftBank has been, in recent times, looking to wind down its investments in India. Recently, it offloaded large quantities of its holdings in Paytm and PolicyBazaar along those lines. And no… Read More
2023-02-28 05:13
Swift popularity of ChatGPT has opened the floodgates for multiple tech companies to catch up on the immense potential of AI-powered tools (especially properly functioning chatbots). ChatGPT… Read More
2023-02-27 18:15
The Mobile World Congress (MWC) has, for a long time, been an arena where companies like Google announce the arrival of new and interesting features to their ecosystems. This year’s MW… Read More
Meta Backs ‘Take It Down’, A New Service That Helps Prevent Spread Of Minors’ Intimate Images Online
2023-02-27 18:12
Facebook & Instagram parent Meta is pushing further against the circulation of intimate images of minors on the internet. The social media company has already developed multiple tools to… Read More
2023-02-27 09:44
Elon Musk may have promised that there would be no further layoffs at Twitter, but from the looks of it, the billionaire has not kept his word. According to a report by The Information, the… Read More
2023-02-24 04:29
It has been years since Elon Musk agreed to post information related to Tesla on Twitter after getting the green signal from a lawyer, and from the looks of it, this is not going to change a… Read More
2023-02-23 17:49
After failing to avoid the recent antitrust directives imposed upon it by the Competition Commission of India (CCI), tech giant Google has finally agreed to support a third-party billing sys… Read More
2023-02-23 17:44
With Apple announcing satellite connectivity — albeit only for emergency use — in iPhone 14 line-up, Samsung too now, is getting in the game. The Korean consumer electronics gian… Read More
2023-02-23 04:02
Ride-hailing major Uber is launching a redesigned version of its app – one that is equipped with updates to improve the user experience, make it more personalized, and make it easier f… Read More
2023-02-22 10:12
Zomato is looking to try its hand at a brand new delivery segment starting today — affordable daily meals. The segment is not unheard of, nor is it new to India. Many startups have com… Read More
2023-02-22 05:42
Newsletters, even though many have discarded their importance these days, continue to still be a popular means of dissemination critical information. They have actually increased in populari… Read More
2023-02-22 03:14
Microsoft continues to expand its reach beyond its own Xbox console and Nintendo expands its selection of third-party titles. According to a tweet by Microsoft President Brad Smith on Tuesda… Read More
2023-02-21 11:08
With the rapid push for the electrification of vehicles, the onus is on private players such as Ola and Uber to pick up the pace and ensure that the majority of vehicles on the roads are ele… Read More
2023-02-21 03:59
Recent times have seen the ride-hailing industry jump the EV wagon, with most major ride-hailing companies transitioning to an EV fleet. This has also see new ride-hailing startups emerge, w… Read More
2023-02-21 03:36
WhatsApp is taking a page from Apple’s Facetime and introducing a feature that it had started testing last year – picture-in-picture mode for video calls on the iOS. According to… Read More
2023-02-20 06:17
Meta is taking a page out of Twitter’s book and launching a subscription service of its own. According to a post by CEO Mark Zuckerberg on Facebook, the social media company is rolling… Read More
2023-02-17 10:06
The ChatGPT fervor has well and truly taken the global tech sector by storm – so much that it worried titans such as Google and persuaded others like Microsoft to drive billions of dol… Read More
2023-02-16 17:49
After helming world’s largest video streaming platform for over nine years, Susan Wojcicki, Youtube CEO since 2014, has decided to step down. Taking her place would be Youtube’s… Read More
2023-02-16 17:32
Bing has been making the headlines ever since Microsoft introduced the AI-powered search engine, integrated ChatGPT, and even the Edge web browser. However, it has been a mixed bag of result… Read More
2023-02-16 14:35
Following a media report that it was eliminating roles across its “extended reality” (XR) business, Chinese tech giant Tencent Holdings came clean and informed that it was making… Read More
2023-02-15 18:01
The better part of the previous year (and this year so far) has seen numerous companies and startups reduce their workforces and lay off thousands of employees. The tech sector has been amon… Read More
2023-02-15 06:51
It seems Google’s recent Android setback in India, perhaps was just the beginning of a slew of other lawsuits that may follow the company. In a fresh one, Fortnite-maker Epic Games is… Read More
2023-02-14 15:39
Indian fintech major PhonePe has secured an additional $100 million in primary capital as part of an ongoing round. The fintech company announced on Tuesday that it nabbed fresh capital from… Read More
2023-02-14 03:41
At a time when the funding winter has made it difficult for numerous startups to raise funds and investors are tightening their purse strings, there have been a handful of firms who have suc… Read More
2023-02-14 02:43
With the promising future of the Indian drone industry, it is unsurprising that the drone market in the country is expected to grow annually at a CAGR of 8.12% between 2023 to 2027. This gro… Read More
2023-02-10 19:59
Last month, Alibaba sold 3.1% of its stake in India’s Paytm in a block deal. Now, the Chinese tech company has fully exited the fintech major and sold the entirety of its stock in Payt… Read More
2023-02-10 07:04
As advertisers continue to pull back on spending and pare back their marketing budgets, companies like Yahoo have felt the heat. And once again, that has come at the cost of employee termina… Read More
2023-02-10 07:01
The debut orbital flight of SpaceX’s gargantuan Booster 7 is yet to come, but from the looks of it, Elon Musk’s space company is surely moving in the right direction. The booster… Read More
2023-02-09 18:01
Zomato’s shares rose slightly (to ₹54.60 per share) on Thursday as the foodtech giant clocked a 75% rise in revenue from operations for Q3 FY23. As compared to the corresponding… Read More
2023-02-09 13:45
Elon Musk has been promising longer tweets for a while, and now, he has delivered. The social media company has introduced a longer tweet feature, giving ‘Twitter Blue’ users in… Read More
2023-02-09 07:03
With the streaming boom coming to an end and a sizeable quarterly drop in subscriptions, Disney has opted for a sweeping corporate restructuring plan as it looks to preserve cash. This restr… Read More
2023-02-08 19:07
Twitter is continuing to gradually expand the roll out of its paid verification service, Twitter Blue. After having launched it in most developed markets, the service has now been launched i… Read More
2023-02-08 16:16
When it comes to search engines, Google continues to capture the lion’s share of the market. Bing, Microsoft’s own search engine, has been out of contention for quite a while, wh… Read More
2023-02-07 17:50
Tuesday promised the launch of an impressive range of OnePlus products, and from the looks of it, the company has delivered. At its Cloud 11 launch event in New Delhi, the OPPO subsidiary ha… Read More
2023-02-07 16:00
WhatsApp is showering its Status updates with love, with a slw of beta tested additions now being rolled out to general public. In a blog post on Tuesday, the Meta-owned messaging service re… Read More
2023-02-07 03:09
It was only a matter of time before this happened. The meteoric rise in the popularity of OpenAI’s super efficient chatbot, ChatGPT, made the likes of Google and Microsoft sit up… Read More
2023-02-07 03:03
As the demand and sales of PCs continue to drop in the midst of an economic slowdown and subsidence of COVID-induced surge, Dell is the latest to join a list of technology conglomerates, to… Read More
2023-02-06 06:06
If things go according to plan, we may see a Starship rocket launch as soon as next month. In a tweet on Saturday, SpaceX CEO Elon Musk announced that its giant Starship rocket – toute… Read More
2023-02-06 06:05
With an overwhelming rise in notorious betting and online “quick loan” apps in the country, India had been seeing a surge in harassment complaints by consumers, exorbitant intere… Read More
2023-02-03 22:28
In a relief to Vodafone Idea, the telecom operator that has fallen into hard times with its inability to compete with the likes of Reliance Jio and Airtel, has been ordered to convert capita… Read More
2023-02-03 15:07
Twitter Blue, which went through a phase of utter confusion during the early days of the Musk era, has now been expanded to more countries. According to a fresh report by TechCrunch, Twitter… Read More
2023-02-03 10:00
Apple’s financial performance for the first quarter of the year seems to be one of the company’s poorest-performing quarters in recent years, even though it maintained a cautious… Read More
2023-02-02 16:55
The funding winter, which has been specially severe for India’s high profile unicorns, has forced multiple startups to trim their workforce and accelerate move towards profitability. N… Read More
2023-02-02 16:51
The fag end of the previous year saw the Reserve Bank of India (RBI) commence the retail and wholesale pilots of the nation’s first-ever Central Bank Digital Currency (CBDC) – th… Read More
2023-02-02 07:51
Facebook-parent Meta successfully beat Wall Street estimates for its revenue for the final quarter of 2022, even though it clocked a revenue decline for a third consecutive quarter. That, co… Read More
2023-02-01 23:36
EV giant Tesla, which has been a big proponent of cryptocurrencies courtesy CEO Elon Musk, has revealed a recorded loss of over $200 million in the world’s largest cryptocurrency, Bitc… Read More
2023-02-01 23:33
The pace of sweeping changes across Twitter has slowed down over the past months, but every now and then, changes at the social media company make the headlines. And now, it has once again s… Read More
2023-01-30 22:54
The next generation of AirPods may have components that are produced in India. In the latest instance of Apple continuing to gradually decrease reliance on its China supply chain, a key supp… Read More
2023-01-27 21:15
Google has announced that it is bringing an additional layer of security and privacy to Chrome for users of its browser across Android.
In a blog post, Google announced the ability for users… Read More
2023-01-25 22:25
After a protracted legal battle it could not win, Google has finally decided to comply with the directives issued by the Competition Commission of India (CCI) as it is bringing a slew of cha… Read More
2023-01-25 04:48
YouTube has been pushing into the edtech sector for quite a while – in this vein, it recently unveiled Courses in India – and now, it is furthering its foray into the edtech game… Read More
2023-01-25 03:19
The streak of Zomato’s loyalty programme has been marred with discontinuations and relaunches, and now, the food delivery aggregator has decided to bring back the fourth iteration of i… Read More
2023-01-24 05:44
OpenAI, which came to the larger internet’s limelight after the breakthrough AI talkbot ChatGPT, is set to receive even more investment from Microsoft. In an official blog post, Micros… Read More
2023-01-23 17:05
Continuing the trend set by the likes of high-profile companies such as Microsoft, Google-parent Alphabet, Meta, Twitter, Amazon, and others, Swedish music streaming giant Spotify is joining… Read More
2023-01-23 17:00
Amazon India has taken to the skies with the launch of Amazon Air, its dedicated cargo fleet for its numerous customers in India. In an official statement, the e-commerce behemoth announced… Read More
2023-01-23 07:15
Petronas, the Malaysian oil & gas major, has backed Log9, an Indian deep-tech startup in the EV battery space, through a $40Mn Series B fundraise. The start-up witnessed a mix of equity… Read More
2023-01-23 06:16
Being a social media influencer is a career that has appealed to many, and several of them have been highly successful in their chosen career. Their successes have resulted in a greater degr… Read More
2023-01-20 16:26
The faltering global economy just forced yet another big tech company to reduce its workforce in order to keep financials in check. According to an internal memo (which was later shared in a… Read More
2023-01-20 07:14
Netflix successfully exceeded analyst estimates when it came to its performance for the winter quarter. For the period October-December 2022, the streaming giant added 7.66 million paid subs… Read More
2023-01-20 04:49
Mobile telecommunication company T-Mobile, which is the second largest mobile carrier in the US, reported in a regulatory filing on Thursday that a “bad actor” had managed to acc… Read More
2023-01-19 17:29
India, as the second-largest market for smartphones in the world, has seen the dominance of Chinese manufacturers for a long time now. In spite of the increased scrutiny by regulatory and ta… Read More
2023-01-19 17:26
Social media can be addictive and dangerous alike, and teens are known to be particularly preoccupied and obsessed with social media. This brings with it a host of its own problems, such as… Read More
2023-01-19 12:02
Fundraising hasn’t been as bright as it was during 2021 for Indian startups. In 2022, reports suggest that Indian startups, including all of its 100+ unicorns, were able to raise just… Read More
2023-01-19 06:32
India, for a significantly long time, has been among top 3 nations in the world, with most diabetic patients. According to IMARC, this infamous tag has resulted in diabetes becoming a $3.1Bn… Read More
2023-01-19 05:56
Confirming earlier reports of a big job cut coming in at Microsoft, Satya Nadella, CEO of the Redmond-HQed big tech major, confirmed that 10,000 employees will be laid off. In a memo sent to… Read More
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