Business Internet News Apple launches a new savings account offering in the US, offers up to 4.15% yield Apple is pressing down further on its financial services offerings, with a… Soumyadeep SarkarApril 18, 20233 minute read
Business News Q1 2023 marks 4th consecutive double-digit fall in global PC shipments Global PC shipments have fallen in the first quarter of the year.… Soumyadeep SarkarApril 10, 20232 minute read
Business Health News Temasek acquires majority stake in Indian healthcare major Manipal Marking India’s largest-ever private equity deal in the healthcare sector (and a… Soumyadeep SarkarApril 9, 20232 minute read
Business News Space Richard Branson’s Virgin Orbit faces financial crunch, files for bankruptcy It seems literal, that a rocket man can experience a crash and… Soumyadeep SarkarApril 5, 20232 minute read
Business News Startups 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… Soumyadeep SarkarApril 3, 20232 minute read
Business News 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… Soumyadeep SarkarApril 3, 20232 minute read
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
