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3113 posts
Zomato

Zomato net revenue up 18% QoQ as losses reduce

Zomato reported its first quarter (Q1’23) financials late evening yesterday, and there…
Quick-commerce firms accused of predatory pricing

Zomato reorganising itself under a new parent named ‘Eternal’, with each business headed by its own CEO: Report

Zomato, while faring decently at the time of its Indian stock market…
Alibaba to launch Qwen 3 AI model

Alibaba, 270 other Chinese companies a step away from US stock exchange delisting

In the midst of increased scrutiny from domestic regulators, Chinese titan Alibaba…
amazon logo

Amazon net sales rise by 7% to $121 billion in Q2 2022, clocks loss against its Rivian investment

Unlike Microsoft, Meta, and Google-parent Alphabet, e-commerce powerhouse Amazon managed to exceed…

Apple beats Wall Street estimates with $83Bn in Q3’22 revenue, iPhone leads sales as India revenue doubles

Apple revealed their June quarterly revenue reports on Thursday, and boy! has…
Jack Ma

Jack Ma to relinquish control of Ant Group: Report

Jack Ma, the Chinese billionaire who has maintained a low public profile…
Google breached by ShinyHunters via vishing

Alphabet clocks 13% rise in Q2’2022 revenue, net income falls but Google search ads revenue up

Like fellow tech behemoth Microsoft, Google parent Alphabet missed Wall Street estimations…
Microsoft Q4 earnings: Cloud powers growth

Microsoft revenue rises 12% in Q4 FY22, but Windows and Xbox services take a hit

Despite clocking a year-over-year rise of 12% in its quarterly revenue, tech…

Shopify lays off about 1000 employees as pandemic-driven e-commerce upsurge reverse

In what has become an unsettling trend for businesses over the past…
Quick-commerce firms accused of predatory pricing

Zomato scrip drops by 14%, market cap below last private equity valuation as IPO lock-in period ends

Just as journalists, interns, 9-to5ers and day traders were all about to…
PolicyBazaar

Policybazaar confirms IT systems hack, says no “significant customer data” was exposed

Cyberattacks and data breaches have become increasingly common over the years, as…

a16z will be shifting its headquarters to the ‘cloud’, along with three new physical offices

For a long time, businesses have operated on a simple model –…
Raveendran alleges misconduct as Byju’s struggles.

Lawmaker Karti P. Chidambaram asks Indian fraud regulator to investigate edtech decacorn Byju’s finances

Karti P. Chidambaram, an Indian Lawmaker who is a Member of Parliament,…
amazon logo

Amazon to acquire healthcare company One Medical for $3.9Bn

Amazon is not a name one is likely to expect in the…
Tesla sales fall again, challenges persist

Tesla Q2’22 revenue up by 42%, with first sequential decline in quarterly profits in over a year

Factors such as an extended shutdown at its Shanghai assembly plant, an…
Netflix announces Q4 2024 results

Netflix is testing a feature that will charge users for accessing their account in another home

If someone has a Netflix account, there is a high chance that…

Credit line fintech OneCard becomes India’s latest unicorn post $100 Mn series D round

Pune-based fintech OneCard has become the lastest to grace the lineup of…
Twitter

Twitter takes Musk to court for pulling out of the deal, wants acquisition to go through as committed

Ever since it came out that Elon Musk was pulling out of…

Unacademy to shut down global test prep arm, management to take paycuts

Edtech unicorn Unacademy will be winding up the books for its global…
Travis Kalanick

Leaked “Uber Files” shed light on unethical practices, intense lobbying and exploitation of violence against drivers

It seems that ride-sharing giant Uber, which is worth billions today, has…