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
Business News Zomato clocks 75% rise in revenue for Q3 FY23, net loss widens to ₹347 crore Zomato’s shares rose slightly (to ₹54.60 per share) on Thursday as the… Soumyadeep SarkarFebruary 9, 20232 minute read
Business Culture & Policy News Dell will lay off over 6500 employees amid sharp drop in PC sales As the demand and sales of PCs continue to drop in the… Soumyadeep SarkarFebruary 7, 20232 minute read
Business Culture & Policy News Indian government to take up equity in Vodafone Idea against nearly $2B worth of dues In a relief to Vodafone Idea, the telecom operator that has fallen… Soumyadeep SarkarFebruary 4, 20232 minute read
Business Global News Apple misses expectations on revenue, profits led by iPhone sales decline in Q1 2023 Apple’s financial performance for the first quarter of the year seems to… Soumyadeep SarkarFebruary 3, 20233 minute read
Business News Reliance to accept India’s CBDC as payment option across retail stores The fag end of the previous year saw the Reserve Bank of… Soumyadeep SarkarFebruary 2, 20233 minute read
Business Global News Meta clocks 4% drop in Q4 revenue, Reality Labs continues to bleed, massive buyback sends stock soaring Facebook-parent Meta successfully beat Wall Street estimates for its revenue for the… Soumyadeep SarkarFebruary 2, 20233 minute read
Business Crypto News Tesla clocks gross impairment loss of $204 million in Bitcoin EV giant Tesla, which has been a big proponent of cryptocurrencies courtesy… Soumyadeep SarkarFebruary 2, 20232 minute read
Business Gadgetry News Apple supplier begins production of components for AirPods in India The next generation of AirPods may have components that are produced in… Soumyadeep SarkarJanuary 31, 20232 minute read
Business Culture & Policy Google News Google to comply with Competition Commission of India (CCI) directives, bring changes to Android and Play Store billing After a protracted legal battle it could not win, Google has finally… Soumyadeep SarkarJanuary 26, 20233 minute read
Business Internet News Microsoft doubles down on OpenAI investment with a new “multiyear, multibillion dollar investment” OpenAI, which came to the larger internet’s limelight after the breakthrough AI… Soumyadeep SarkarJanuary 24, 20232 minute read
Business Culture & Policy News Spotify to cull its workforce by 6%, Chief Content Officer to depart Continuing the trend set by the likes of high-profile companies such as… Soumyadeep SarkarJanuary 23, 20233 minute read
Business News Amazon debuts ‘Air’ in India, its air cargo network for prime deliveries Amazon India has taken to the skies with the launch of Amazon… Soumyadeep SarkarJanuary 23, 20233 minute read