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Foxconn says it plans to double investment and jobs in India by next year

Among Apple’s most prominent suppliers, Taiwan HQed Foxconn has been accelerating its…

Arm valued at $65.24Bn after blockbuster IPO debut, shares soar by 25% before close

Yesterday, SoftBank’s Arm Holdings clocked a blockbuster initial public offering (IPO) –…
US seizes $225M crypto, victims reimbursed

Deutsche Bank to offer crypto custody for large, institutional clients

Deutsche Bank, one of the world’s major financial institutions, has now teamed…

Arm valued at over $54 billion in this year’s biggest tech IPO, shares priced $51 apiece

British chip design firm Arm has been gearing up to go public…

KKR increases Reliance Retail stake with new $250Mn investment

Global investment major KKR has upped its stake in Mukesh Ambani’s Reliance…
India ordered to block Proton Mail

India is considering allowing direct foreign public market listing of domestic companies

You may soon see Indian firms listing on the likes of the…

India fintech majors Paytm and Pine Labs both launch a new payments soundbox that accepts cards via NFC

Paytm had brought in a literal revolution of sorts, when it introduced…
Walmart denies report on TikTok bid.

Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%

In a strategic move, American retail giant Walmart revealed that it has…

Tesla unveils refreshed Model 3 with longer range and sleeker design

Elon Musk’s EV maker Tesla has introduced a revamped version of its…

Amazon announces logistics partnership with Indian Railways and India Post

In a move that would significantly boost Amazon’s already large logistics footprint…

Reliance to debut 5G wireless hotspot device ‘Jio AirFiber’ next month, announces Jio True5G Lab & more at 46th AGM

Reliance Industries Limited, led by Mukesh Ambani, once again made big Jio-centric…

China’s Didi is selling its smart EV business to Xpeng for $744Mn

In a significant development within the Chinese electric vehicle (EV) landscape, Xpeng…

Sony is acquiring ‘Audeze’, makers of speciality headphones for gamers and recording professionals

Days after it announced its new portable Playstation model along with a…
Authors sue Microsoft over pirated AI training

Microsoft restructures Activision deal, to sell Activision cloud gaming rights to Ubisoft as it looks for UK approval

In a massive change, Microsoft has restructured the proposed deal to acquire…

British chipmaker ARM files for Nasdaq IPO, expected to be the biggest this year

British chip designer Arm, owned by Japanese behemoth Softbank, has officially filed…
Tesla Model S

Tesla introduces new lower-cost, trimmed down Model S and X variants

With perhaps a focus outside the US to more affordable, emerging markets,…

‘Make in India’ initiative yields 2 billion domestically assembled phone shipments during 2014-22

In the pursuit of self-sufficiency in mobile phone assembly, India has witnessed…
Ola Electric cuts jobs amid financial struggles

Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss

Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in…

Amazon reportedly exploring anchor investor role in Arm’s upcoming IPO

Amazon is reportedly in advanced discussions to become a cornerstone investor in…
SoftBank seeks $16.5B loan for AI

Saudi Arabia’s PIF’s investments in SoftBank Vision Fund, other tech bets lead to $15.6Bn loss in 2022

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), recorded a…