Business Culture & Policy Global News Latest round of layoffs begin at Meta, set to be last of three-part job cuts Meta has initiated a fresh round of layoffs, according to media reports.… Soumyadeep SarkarMay 24, 20232 minute read
Business Culture & Policy News Account sharing no more: Netflix initiates crackdown on password sharing Gone are the days of freely granting access to your Netflix, to… Soumyadeep SarkarMay 24, 20233 minute read
Business Culture & Policy Global News Disney to cut 2,500 jobs, part of previously announced restructuring plan In a recent development, media and entertainment giant Disney is set to… Soumyadeep SarkarMay 23, 20232 minute read
Business Culture & Policy News Reliance JioMart lays off nearly 1000 amid restructuring post Metro acquisition Reliance Industries’ online wholesale venture JioMart is making headlines once… Soumyadeep SarkarMay 23, 20232 minute read
Business News Startups 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… Soumyadeep SarkarMay 19, 20233 minute read
Apps Business News 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… Soumyadeep SarkarMay 19, 20233 minute read
Business Cloud Computing News Amazon to invest $12.7Bn in India for AWS expansion In a move that will heat up the recently competitive cloud computing… Global Staff @ The Tech PortalMay 18, 20233 minute read
Business News 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… Soumyadeep SarkarMay 17, 20232 minute read
Business Global News Tesla considers breaking the mould, will “try a little advertising,” says Musk Tesla has been known for its bold and unconventional approach to the… Soumyadeep SarkarMay 17, 20233 minute read
Business Cloud Computing News IBM boosts cloud data security portfolio with Polar Security acquisition IBM has officially confirmed its acquisition of leading data security company Polar.… Soumyadeep SarkarMay 16, 20233 minute read
Business Internet News Amazon’s online store could see ChatGPT-like search interface E-commerce behemoth Amazon is likely to join the AI race and jump… Soumyadeep SarkarMay 16, 20233 minute read
Business News 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… Soumyadeep SarkarMay 15, 20233 minute read
Business Culture & Policy Global News Media group VICE files for bankruptcy In a significant turn of events, media company Vice has filed for… Soumyadeep SarkarMay 15, 20233 minute read
Business China Global News 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,… Soumyadeep SarkarMay 13, 20233 minute read
Business News Apple beats revenue estimates, EPS for second quarter, iPhone leads sales Tech giant Apple reported its financials for the second fiscal quarter of… Soumyadeep SarkarMay 5, 20233 minute read
Business Crypto News Coinbase expands into international crypto derivatives market with new platform Coinbase, the world’s largest crypto exchange, has announced the launch of Coinbase… Soumyadeep SarkarMay 3, 20233 minute read
Business News 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… Soumyadeep SarkarMay 2, 20232 minute read
Business News 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)… Soumyadeep SarkarMay 1, 20233 minute read
Business Global News SoftBank-owned chipmaker Arm confidentially files for an IPO in the US Arm Limited, the British semiconductor and software design company that had been… Soumyadeep SarkarMay 1, 20232 minute read
Business Culture & Policy News 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… Soumyadeep SarkarApril 27, 20233 minute read
Business News Startups IPO-bound OYO reportedly turned cashflow profitable in Q4 2023 Hospitality major OYO turned cash flow positive for the first time, noted… Soumyadeep SarkarApril 27, 20232 minute read
Business News 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… Soumyadeep SarkarApril 27, 20233 minute read
Business News Alphabet beats revenue, EPS estimates for Q1’23, Google Cloud turns profitable Alphabet, the parent company of Google, noted a rise in its stock… Soumyadeep SarkarApril 26, 20233 minute read
Business News Most Blinkit stores have resumed operations: Zomato Food delivery firm Zomato has stated, that most of the stores of… Soumyadeep SarkarApril 20, 20232 minute read
Business Global News Microsoft’s big jolt to Twitter over API charges Twitter just got a big jolt, after Microsoft’s advertising platform announced that… Soumyadeep SarkarApril 20, 20232 minute read