Browsing Category

Business

3113 posts

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,…

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…
Delhivery profits after previous year's loss

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…
Tesla CEO Elon Musk

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…
Zomato

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…

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…

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…
Twitter

Twitter usage at an “all-time high”, says Elon Musk

Musk’s acquisition of Twitter had sparked fears and concerns that users would…
Unacademy

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…

With growth stalling, Meta now reportedly planning to lay off thousands this week

Facebook parent Meta is the latest among US’ BigTech to reportedly look…

Mass layoffs lands Twitter in lawsuit, being sued for alleged violation of federal and California laws

For months, Twitter was embroiled in a lawsuit with Elon Musk to…

Meta to let creators create and sell NFTs on Instagram, expands Subscriptions and launches Professional Mode on Facebook profiles

Meta has been working to integrate non-fungible tokens (NFTs) on Instagram for…

Amazon freezes hiring in its advertising business, days after reporting Q3 2022 earnings

Amazon’s advertising business, which remains one of the more profitable divisions of…
Google breached by ShinyHunters via vishing

Google holds policy that mandated use of its Play Billing system for developers in India

Both Google and Apple have found themselves in hot waters globally, thanks…

Elon Musk dissolves Twitter’s board of directors, appoints himself CEO, set to fire 25% workforce

Less than a week after the ownership of Twitter finally went into…

Elon Musk’s Twitter plans could include a costlier Twitter Blue, paid verification and ofcourse, layoffs

It’s not been a week after Twitter passed into Tesla+SpaceX CEO Elon…
Twitter

Twitter to cease trading in public markets, shares to be delisted from NYSE on Nov 8

Twitter has passed into new ownership – that of Elon Musk, and…