Zomato says it turned EBITDA positive in Q4 FY23, narrows loss to ₹188 crores

Amid the current largely depressed global macro-economic scenario, tech startups are facing…

OpenAI’s ChatGPT goes mobile: Free app debuts on iOS, Android coming soon

Ever since OpenAI released ChatGPT to the masses, the chatbot has been…

MakeMyTrip’s loss narrows to ₹92.1 crores in FY23, operating revenue up by 203%

Online travel aggregator MakeMyTrip reported a narrowing of its net loss for…

Tesla considers breaking the mould, will “try a little advertising,” says Musk

Tesla has been known for its bold and unconventional approach to the…

IBM boosts cloud data security portfolio with Polar Security acquisition

IBM has officially confirmed its acquisition of leading data security company Polar.…

Amazon’s online store could see ChatGPT-like search interface

E-commerce behemoth Amazon is likely to join the AI race and jump…

Apple supplier Foxconn set to invest $500Mn in Telangana to set up manufacturing, create 25,000 jobs

In a move that continues to solidify India’s position as an attractive…

Chinese smartphone maker Oppo stuns employees with sudden closure of chip design unit Zeku

Amidst a fall in shipments and subsequent demand in the global markets,…

Apple beats revenue estimates, EPS for second quarter, iPhone leads sales

Tech giant Apple reported its financials for the second fiscal quarter of…

Coinbase expands into international crypto derivatives market with new platform

Coinbase, the world’s largest crypto exchange, has announced the launch of Coinbase…

Uber beats Q1 2023 street estimates, generates $8.82 billion in revenue

Uber posted better-than-expected earnings for the first quarter of the year. In…

Crisis-hit First Republic Bank shut down by regulators, bought over by JPMorgan

As per an official statement by the Federal Deposit Insurance Corporation (FDIC)…

SoftBank-owned chipmaker Arm confidentially files for an IPO in the US

Arm Limited, the British semiconductor and software design company that had been…

Dropbox lays off 500, trims workforce by 16% due to ‘AI era of computing’, slow growth

Cloud storage provider Dropbox became the latest name to reduce its workforce…

IPO-bound OYO reportedly turned cashflow profitable in Q4 2023

Hospitality major OYO turned cash flow positive for the first time, noted…

Meta beats estimates to record $28.6Bn in revenue for Q1 2023, Reality Labs continues to bleed

In the first quarter of its “Year of Efficiency,” social media giant…

Alphabet beats revenue, EPS estimates for Q1’23, Google Cloud turns profitable

Alphabet, the parent company of Google, noted a rise in its stock…

Most Blinkit stores have resumed operations: Zomato

Food delivery firm Zomato has stated, that most of the stores of…

Microsoft’s big jolt to Twitter over API charges

Twitter just got a big jolt, after Microsoft’s advertising platform announced that…