Business News Uber’s India revenue rises by 7% in FY22, losses narrow by 35% Despite 2022 being less than kind to numerous startups and companies across… Soumyadeep SarkarDecember 21, 20222 minute read
Business Internet News Twitter launches ‘Twitter Blue for Business’, Musk restricts major policy decisions to Twitter Blue subs Twitter has made the headlines multiple times over the past month, but… Soumyadeep SarkarDecember 21, 20222 minute read
Business News Paytm confirms ₹850 crore worth share buyback program Confirming earlier reports, that Paytm is looking at a share buy back… Staff@The Tech PortalDecember 14, 20222 minute read
Business Gadgetry News Apple reportedly in talks with Tata-owned Infiniti to open 100 exclusive Apple stores across India It seems that Indian customers will soon have more places to buy… Soumyadeep SarkarDecember 13, 20222 minute read
Business Cloud Computing Global News Microsoft to acquire stake of 4% in London Stock Exchange group, enters into cloud partnership Microsoft has entered into a long-term strategic partnership with the London Stock… Soumyadeep SarkarDecember 12, 20222 minute read
Business News Startups Snapdeal scraps $152Mn IPO plans Snapdeal, the Indian ecommerce marketplace which saw a resurgence over the past… Staff@The Tech PortalDecember 9, 20222 minute read
Apps Business News Microsoft brings ‘Communities’ to Teams, takes on Whatsapp and Facebook Groups Microsoft is taking a page out of Facebook and WhatsApp’s books with… Soumyadeep SarkarDecember 8, 20223 minute read
Business News Startups Softbank could offload 5% shares in Policybazaar Amid a significant decline in stock value, existing large shareholders of numerous… Staff@The Tech PortalDecember 2, 20222 minute read
Business Enterprise News Transportation Tesla ‘Semi’ trucks finally revealed at Nevada factory, delivered to Pepsi after five years Now some attention to Elon Musk’s other — and perhaps more better… Soumyadeep SarkarDecember 2, 20222 minute read
Acquisitions Business Enterprise News Startups In a fourth, Zetwerk buys Unimacts; continuing its 2022 acquisition spree Bengaluru-based manufacturing and supply chain unicorn Zetwerk has acquired Lexington, US-based manufacturing… Staff@The Tech PortalDecember 1, 20222 minute read
Business News Amazon to shut down its food delivery business in India: Report With global economic slowdown forcing even the biggest of tech companies to… Soumyadeep SarkarNovember 28, 20222 minute read
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
