Business Crypto News Coinbase bonds slide amid ongoing crypto collapse The Coinbase share closed at USD 44.21 which although, meant it rose… Prakhar KhandelwalNovember 24, 20223 minute read
Business Culture & Policy News Amazon summoned by India’s Labour Ministry over alleged “forced” terminations of employees Amazon India has been summoned by India’s Labour Ministry to appear before… Soumyadeep SarkarNovember 24, 20222 minute read
Business Culture & Policy News Alphabet joins mass layoff cycle, 10K underperforming employees to be sacked by early 2023: Report “Mission: Downsize” has been the name of the game for the majority… Soumyadeep SarkarNovember 23, 20222 minute read
Business News Paytm shares slump 10% to hit all-time low as pre-IPO share sale lockup period ends Paytm’s downfall on the Indian stock exchanges does not seem to be… Staff@The Tech PortalNovember 22, 20222 minute read
Business Crypto News FTX, which filed for bankruptcy earlier, owes $3.1 billion to 50 of its biggest creditors As per a filing from its Chapter 11 bankruptcy protection proceedings, struggling… Soumyadeep SarkarNovember 21, 20223 minute read
Business Culture & Policy News Zomato confirms 3% workforce being laid off across verticals In the latest instance of employees getting the boot from amid challenging… Soumyadeep SarkarNovember 19, 20222 minute read
Business China News Alibaba clocks 3% revenue uptick for Sep’22 quarter, falls short of analyst expectations Chinese tech companies have had a hard time in recent years, not… Soumyadeep SarkarNovember 17, 20223 minute read
Business Culture & Policy News Amazon initiates largest round of layoffs in company history In what is the sequel to an earlier report, Amazon has initiated… Soumyadeep SarkarNovember 17, 20223 minute read
Business Global News SoftBank to sell 29Mn shares in Paytm parent One97, get $200Mn in return SoftBank is planning to offload 29 million of its shares in One97… Soumyadeep SarkarNovember 16, 20222 minute read
Business Enterprise News WhatsApp India head, its first in the country, steps down It is not just Twitter that has seen several (and sudden) vacancies… Soumyadeep SarkarNovember 15, 20222 minute read
Business Culture & Policy Internet News Google agrees to pay $391.5Mn in largest Attorney General-led consumer privacy settlement in the US It seems you are not safe even when you turn off location… Soumyadeep SarkarNovember 15, 20223 minute read
Business E-commerce News Amazon to fire as many as 10,000 employees this week across corporate and tech sectors: Report Firing employees to manage costs have been the norm of the year,… Soumyadeep SarkarNovember 15, 20222 minute read
Business Crypto News FTX files for bankruptcy amid surge in customer withdrawals, failed acquisition and liquidity crunch The fortunes of crypto exchange FTX have fallen from bad to worse… Soumyadeep SarkarNovember 12, 20223 minute read
Business News Startups Delhivery losses for Q2 FY23 drop by 60%, revenues up by 22% QoQ with robust growth in services Logistics and supply chain unicorn Delhivery, in the second quarter of the… Soumyadeep SarkarNovember 12, 20222 minute read
Business Internet News As more execs leave Twitter, Musk warns employees that bankruptcy isn’t out of the question Who would have thought, that Bankruptcy and Twitter would be the words… Soumyadeep SarkarNovember 11, 20223 minute read
Business News Zomato’s food delivery, quick commerce businesses grow in Q2 FY23, net loss narrows to ₹251 crore Restaurant aggregator and food delivery major Zomato reported on Thursday that it… Soumyadeep SarkarNovember 10, 20223 minute read
Business Crypto News Crypto industry rocked after Binance pulls out of FTX acquisition, cryptocurrencies sent reeling The crypto industry has already been hit hard this year, and FTX’s… Soumyadeep SarkarNovember 10, 20223 minute read
Business Culture & Policy News Meta confirms layoffs, set to reduce headcount by over 11,000 and extend hiring freeze throughout Q1 2023 Confirming earlier reports of Meta laying off in masses, the Facebook-parent has… Soumyadeep SarkarNovember 9, 20223 minute read
Business Internet News Twitter usage at an “all-time high”, says Elon Musk Musk’s acquisition of Twitter had sparked fears and concerns that users would… Soumyadeep SarkarNovember 8, 20222 minute read
Business News Startups Indian edtech unicorn Unacademy lays off 10% of its employees, 2nd such instance within this year With schools, colleges, and universities resuming offline classes and welcoming students back… Soumyadeep SarkarNovember 8, 20222 minute read
Business Culture & Policy Internet News Accounts impersonating others without specifying them as parody will be permanently booted off Twitter, declares Musk Elon Musk is all for memes and free speech – the former… Soumyadeep SarkarNovember 8, 20223 minute read
