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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…

More layoffs reportedly expected at Meta this week, to impact teams working in Reality Labs, Facebook among others

In what has become an increasingly common scene, another wave of job…
PC

Q1 2023 marks 4th consecutive double-digit fall in global PC shipments

Global PC shipments have fallen in the first quarter of the year.…

Temasek acquires majority stake in Indian healthcare major Manipal

Marking India’s largest-ever private equity deal in the healthcare sector (and a…

Richard Branson’s Virgin Orbit faces financial crunch, files for bankruptcy

It seems literal, that a rocket man can experience a crash and…

Oyo slashes IPO size by half, files a revised ‘pre-filing’ document with SEBI: Report

Oravel Stays, the parent firm of Softbank-backed hospitality decacorn Oyo, has pre-filed…
Tesla Model S

Tesla clocks rise in deliveries in Q1 2023, produces over 440,000 vehicles

Tesla posted impressive numbers on Sunday as it reported growth in vehicle…

Apple launches of ‘Apple Pay Later’ for select users in the US

In a recent announcement, tech giant Apple revealed its attempt to take…

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,…
Tencent

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…

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…

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…

Meta is ‘pausing’ Reels bonuses for creators in the US

Social media company Meta is pausing its Reels Play bonus program in…