Business News Apple launches of ‘Apple Pay Later’ for select users in the US In a recent announcement, tech giant Apple revealed its attempt to take… Soumyadeep SarkarMarch 29, 20233 minute read
Business Global News Nazara-owned Sportskeeda acquires stake in Pro Football Network for $1.82 million Absolute Sports, the parent company of sports news and analysis website Sportskeeda,… Soumyadeep SarkarMarch 22, 20232 minute read
Business China News Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue China’s Tencent Holdings reported a drop in annual revenue for the first… Soumyadeep SarkarMarch 22, 20233 minute read
Business Culture & Policy News Amazon confirms laying off another 9000 employees Amazon is reducing its workforce by the thousands, once again. In an… Soumyadeep SarkarMarch 20, 20232 minute read
Acquisitions Business Culture & Policy Global News Amidst global banking turmoil, UBS to bail out Credit Suisse by acquiring it in historic $3.2Bn deal Banking giant UBS Group AG has agreed to acquire Credit Suisse Group… Soumyadeep SarkarMarch 20, 20233 minute read
Business Global News Silicon Valley Bank parent SVB Financial files for Chapter 11 bankruptcy protection Days within SVB’s dramatic collapse, the parent firm of Silicon Valley Bank… Soumyadeep SarkarMarch 18, 20233 minute read
Business Global News Startups HSBC is acquiring Silicon Valley Bank UK, says customers can bank as usual, all deposits safe In what is a last-minute deal of relief for a large chunk… Global Staff @ The Tech PortalMarch 13, 20232 minute read
Business News US regulator FDIC takes charge of Silicon Valley Bank, to resume banking starting Monday In what serves as the epilogue to its recent journey, Silicon Valley… Soumyadeep SarkarMarch 11, 20233 minute read
Business Internet News Meta is ‘pausing’ Reels bonuses for creators in the US Social media company Meta is pausing its Reels Play bonus program in… Soumyadeep SarkarMarch 10, 20233 minute read
Business News Lenskart nears $500Mn investment from Abu Dhabi’s sovereign wealth fund, ADIA India’s Lenskart, which is eyeing to become one of the largest eyewear… Soumyadeep SarkarMarch 10, 20232 minute read
Business News Meta employees brace for more layoffs Meta, the parent company of popular social media platforms Facebook, Instagram, and… Soumyadeep SarkarMarch 8, 20232 minute read
Business News Softbank looks to list British chipmaker Arm in the US to raise $8Bn: Reuters With the economic climate heading towards recession in most parts of the… Soumyadeep SarkarMarch 6, 20232 minute read
Business News Reserve Bank of India fines Amazon Pay Indian business of Amazon Pay – the UPI-based digital payment system run… Soumyadeep SarkarMarch 3, 20232 minute read
Business Culture & Policy News Alphabet’s moonshots impacted in fresh layoffs, 137 employees laid off in Waymo Instances of layoffs have been increasingly frequent over the past months, as… Soumyadeep SarkarMarch 2, 20232 minute read
Business News SoftBank reportedly sells ₹600 crores worth of Delhivery shares, offloads 3.8% stake SoftBank has been, in recent times, looking to wind down its investments… Soumyadeep SarkarMarch 1, 20232 minute read
Business Internet News Meta forms a new AI product team Swift popularity of ChatGPT has opened the floodgates for multiple tech companies… Soumyadeep SarkarFebruary 28, 20233 minute read
Business Electric News Ola signs MoU with Tamil Nadu govt, to invest ₹76.1 billion to build world’s largest EV hub With the rapid push for the electrification of vehicles, the onus is… Soumyadeep SarkarFebruary 21, 20233 minute read
Business Electric News Uber to buy 25K EVs in India from Tata Motors for its electric cab fleet Recent times have seen the ride-hailing industry jump the EV wagon, with… Soumyadeep SarkarFebruary 21, 20232 minute read
Business Culture & Policy Internet News Youtube CEO Susan Wojcicki steps down after 9 years, Neal Mohan to take over After helming world’s largest video streaming platform for over nine years, Susan… Global Staff @ The Tech PortalFebruary 16, 20232 minute read
Business Culture & Policy News Tencent says reports of shutting down XR business untrue, says it is making personnel adjustments Following a media report that it was eliminating roles across its “extended… Soumyadeep SarkarFebruary 16, 20232 minute read
Business News Epic Games files appeal against Google in India for alleged non-compliance of anti-trust order It seems Google’s recent Android setback in India, perhaps was just the… Soumyadeep SarkarFebruary 15, 20232 minute read
Business News Startups InsuranceDekho nabs $150Mn from Goldman Sachs, TVS Capital, plans expansion in Tier 3/4 towns across India At a time when the funding winter has made it difficult for… Soumyadeep SarkarFebruary 14, 20232 minute read
Business News Startups Drone upstart Garuda Aerospace gets $22Mn in Series A With the promising future of the Indian drone industry, it is unsurprising… Soumyadeep SarkarFebruary 14, 20232 minute read
Business News Alibaba exits Paytm, sells remaining stake Last month, Alibaba sold 3.1% of its stake in India’s Paytm in… Soumyadeep SarkarFebruary 11, 20232 minute read
Business Culture & Policy News Yahoo to layoff nearly 20% of its workforce as part of adtech unit restructuring As advertisers continue to pull back on spending and pare back their… Soumyadeep SarkarFebruary 10, 20232 minute read
