Business Futurism News Setback to India’s semiconductor plans as Foxconn withdraws from $19.5Bn Vedanta joint venture India’s ambitious semiconductor ambitions just got a huge setback. Electronics manufacturer Foxconn… Soumyadeep SarkarJuly 10, 20233 minute read
Business Culture & Policy News Startups Byju Raveendran proposes formation of committee to provide strategic guidance in EGM Byju Raveendran, founder of troubled edtech major Byju’s, in a recently held… Soumyadeep SarkarJuly 7, 20232 minute read
Apps Business Internet News [Updated] Twitter-rival Threads takes off, clocks millions of sign-ups barely hours after launch [Update]: Instagram head Adam Mosseri teased the arrival of several “basic” features… Soumyadeep SarkarJuly 6, 20233 minute read
Business News Startups PharmEasy to raise ₹2500 crore from Manipal group, others, that includes a significant valuation drop PharmEasy, the health tech startup whose own financial health was pretty bleak… Soumyadeep SarkarJuly 5, 20232 minute read
Business Electric News Tesla deliveries rise to 466,140 units, production close to 480,000 in Q2 2023 The price cuts at Tesla, amongst other factors, ensured that the EV… Soumyadeep SarkarJuly 3, 20233 minute read
Apple Business News Apple becomes first to close a trading day on $3 Trillion market cap Tech giant Apple achieved a significant milestone by becoming the first publicly… Soumyadeep SarkarJuly 3, 20232 minute read
Business E-commerce News Amazon India to host Prime Day next month on July 11th-12th With a stagnation coming in to India’s still nascent ecommerce segment, Amazon… Soumyadeep SarkarJune 27, 20232 minute read
Business Culture & Policy News Google appeals for dismissal of antitrust directives in India’s Android market case Months after scoring a small victory at a tribunal court, tech giant… Soumyadeep SarkarJune 26, 20232 minute read
Business Global News IBM to acquire Apptio for $4.6Bn as it looks to solidify cloud architecture business In a strategic move to bolster its cloud and automation capabilities, tech… Soumyadeep SarkarJune 26, 20233 minute read
Business News Startups Byju’s tries to assure investors as it commits to file 2022 earnings by September: Report Last week, edtech decacorn Byju’s lost both it’s auditor – Deloitte –… Soumyadeep SarkarJune 26, 20232 minute read
Business Global News Micron to invest $825 million to set up its first chip factory in India It seems that Tesla and SpaceX aren’t the only American enterprises to… Soumyadeep SarkarJune 22, 20233 minute read
Business Internet News Musk meets Modi, talk about possible Tesla and Starlink India debut Tesla and SpaceX CEO Elon Musk announced his intentions to invest in… Soumyadeep SarkarJune 21, 20233 minute read
Business Global News Intel commits €30 billion to Europe expansion, will set up two new chip factories in Germany In a new move, tech giant Intel has unveiled a massice investment… Soumyadeep SarkarJune 19, 20233 minute read
Business News Startups Fresh round of layoffs come to Byju’s, set to impact over 1000 employees Edtech major Byju’s continues to downsize its workforce – according to media… Soumyadeep SarkarJune 19, 20232 minute read
Business Futurism News Mercedes-Benz to bring ChatGPT to over 900,000 vehicles in the US So far, OpenAI’s conversational AI chatbot ChatGPT is being used on PC… Soumyadeep SarkarJune 19, 20233 minute read
Business Cloud Computing News AWS is back up after suffering massive outage Outages are not a rare occurrence on the web, and the same… Soumyadeep SarkarJune 14, 20232 minute read
Business Culture & Policy News India’s Supreme Court revives ban on bike taxi apps in Delhi In a dramatic turn of events, the Supreme Court has slammed the… Soumyadeep SarkarJune 12, 20232 minute read
Business News BSNL, India’s state-owned telecom, receives nearly $11 Bn bailout to upgrade tech, roll out 4G & 5G In a significant move that would challenge the Jio-Airtel duopoly in India’s… Soumyadeep SarkarJune 7, 20233 minute read
Business News Startups Apple acquires AR headset startup Mira Days after announcing its ‘Vision Pro’ mixed reality headset, Apple has announced… Soumyadeep SarkarJune 7, 20232 minute read
Business News Startups Byju’s sues ‘hawkish, predatory’ lenders over $1.2B term loan, cancels any future payments till resolution EdTech giant Byju’s has recently filed a lawsuit against its lenders concerning… Staff@The Tech PortalJune 6, 20233 minute read
Business News Startups Byju’s says it will aim for an IPO for test-prep arm Aakash in 2024 Aakash, the offline test preparation giant that Byju’s acquired in 2021 for… Staff@The Tech PortalJune 5, 20232 minute read
