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Tesla

Elon Musk offloads $4Bn worth of Tesla Stock, shares plummet in response

The exact reason for this move has not been revealed yet, but it wouldn’t be a stretch to assume Musk could be liquidating assets to finance the $44 Billion deal made with Twitter.

iPhone and Mac sales lead the way as Apple clocks over $97Bn in Q2’22 revenue

Apple had a strong fiscal 2022 second quarter as it generated revenue of over $97 billion, led by bumper iPhone and MacBook sales.
amazon logo

Amazon beats revenue estimates, but misses out on EPS for Q1 2022

Amazon reported its financial results for Q1 2022, revealing that it had…
Twitter

Twitter reports Q1’22 numbers, 16% Y-o-Y increase in revenue at $1.2Bn

The status of Twitter as a public company may soon change if…
WhatsApp

WhatsApp is introducing a cashback program to lure users to its digital payments service

WhatsApp’s payments service continues to fall behind the leading names in digital…

Meta clocks rise in users in Q1 2022, but revenue growth is the lowest since it went public

Meta is the parent to some of the leading social media platforms…

James Murdoch’s Bodhi Tree Systems to invest $1.76Bn in Reliance-owned Viacom 18 TV Network

Reliance Industries is back at money raising, once again for a company…

Jack Dorsey slated to make $978Mn post upon close of Elon Musk’s twitter acquisition

Dorsey won’t be the only one expecting a paycheck. Twitter’s current CEO Parag Agrawal, CFO Ned Segal and Chief Legal Official Vijaya Gadde, will be making $38.4 Mn, $25.4 Mn and $12.4 Mn respectively.

Google-parent Alphabet misses EPS and revenue estimates in Q1 2022

Google parent Alphabet smashed its way into the record books last year…
Tesla CEO Elon Musk

Twitter, Elon Musk on the verge to finalize buy-out: Report

Elon Musk has flexed his muscle on the global tweeting chatters, and…
Reliance

Reliance won’t go ahead with its $3.4Bn Future Group deal

Mukesh Ambani’s Reliance has officially announced calling-off one of India’s most controversial corporate mergers — its $3.4Bn deal with Future Group.

Twitter’s CC button will let users toggle between turning video captions on and off

The ownership of Twitter is in contention as the bidding war intensified…
Amazon

Amazon doubles down on social commerce in India with Glowroad acquisition

Amazon India has deepened its push into the growing social commerce sector…
Tesla

Tesla hits it out of the park with Q1 2022 numbers, but warns of continued supply chain disruptions for this year

Tesla recorded total revenues of $18.76 Billion, with a gross profit of $5.5 Bn. Those numbers are up 81% and 147% compared with last year.
Netflix

Netflix lost 200K subscribers in a quarter, set to introduce cheaper ad-supported plans, charges on account sharing

The suspension of Netflix in Russia led to a los of 700K subs. Netflix is now planning an ad-supported plan, a first in its 25 year history.
Elon Musk

Twitter buy-out talks intensify as Musk offers to invest own money, other private firms mull possible buyout

Twitter has been making the headlines consistently over the past weeks, something…

Zerodha’s profit and revenue jump by nearly 60% in FY22

Leading financial services company Zerodha has had a fruitful year if the…

UrbanPiper lands $24 Mn in Series B, arch rivals Zomato, Swiggy co-invest amid strategic alignment

It was a day of brand new firsts in the Indian startup-land,…
Twitter

Elon Musk no longer Twitter’s largest shareholder as Vanguard ups stake to 10.3%

Elon Musk and Twitter, the two names which have occupied nearly 90%…