Business Gadgetry Gaming News Playstation 5 prices go up due to ‘global economic environment, high inflation’, says Sony Sony’s Playstation 5 has been in surging demand ever since launch, but is yet to reach any kind of stable demand-supply equilibrium. Global Staff @ The Tech PortalAugust 25, 20222 minute read
Business News Indian arms of Apple, Google, others to appear before parliamentary panel regarding anti-competitive practices A parliamentary panel has asked the top India management of Apple, Google,… Soumyadeep SarkarAugust 23, 20222 minute read
Business News Zomato stops taking new memberships for its ‘Pro’ loyalty program If you have been looking to subscribe to Zomato‘s loyalty programs, then… Soumyadeep SarkarAugust 22, 20222 minute read
Business Global News Disney surpasses Netflix with 221Mn streaming subscribers, Disney+ adds over 14Mn new subs in Q3 FY22 The fortunes of streaming services Netflix and Disney+ could not be more… Soumyadeep SarkarAugust 11, 20222 minute read
Business News Venture Capital SoftBank Vision Funds continue money loosing spree with a $21.6Bn quarterly loss, among highest ever since inception Tough market conditions have left their mark not just on numerous companies… Soumyadeep SarkarAugust 9, 20223 minute read
Business News Startups Nykaa to acquire local discovery and e-commerce platform Little Black Book This was hinted at two months ago, when it was revealed that… Soumyadeep SarkarAugust 6, 20222 minute read
Business News Amazon acquires Roomba-maker iRobot for $1.7Bn as it doubles down on smart home market Alexa, Echo, Smart Plug, and Ring Doorbells are some of the devices… Soumyadeep SarkarAugust 5, 20222 minute read
Business China News Alibaba beats analyst estimates despite tough quarter, clocks $30.69Bn in Q2’2022 revenue Alibaba has clocked a decent performance in an otherwise tough quarter. While… Soumyadeep SarkarAugust 5, 20223 minute read
Business News Meta makes its first-ever bond offering, looks to raise $10Bn At a time when it is experiencing tightening cash reserves and a… Soumyadeep SarkarAugust 5, 20223 minute read
Business Internet News Uber looks to sell 7.8% stake in Zomato as it reports positive free cash flow in latest earnings As Uber reported extremely encouraging financial results yesterday with not so positive… Staff@The Tech PortalAugust 3, 20222 minute read
Business News Startups Zomato net revenue up 18% QoQ as losses reduce Zomato reported its first quarter (Q1’23) financials late evening yesterday, and there… Staff@The Tech PortalAugust 2, 20222 minute read
Business Internet News 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… Staff@The Tech PortalAugust 1, 20222 minute read
Business China News 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… Soumyadeep SarkarJuly 30, 20222 minute read
Business News 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… Soumyadeep SarkarJuly 29, 20223 minute read
Apple Business News 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… Guntas SinghJuly 29, 20223 minute read
Business China News Jack Ma to relinquish control of Ant Group: Report Jack Ma, the Chinese billionaire who has maintained a low public profile… Soumyadeep SarkarJuly 29, 20222 minute read
Business News 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… Soumyadeep SarkarJuly 27, 20222 minute read
Business Internet News 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… Soumyadeep SarkarJuly 27, 20223 minute read
Business E-commerce Global News 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… Soumyadeep SarkarJuly 27, 20222 minute read
Business News Startups 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… Guntas SinghJuly 25, 20222 minute read
Business News Startups Policybazaar confirms IT systems hack, says no “significant customer data” was exposed Cyberattacks and data breaches have become increasingly common over the years, as… Soumyadeep SarkarJuly 25, 20222 minute read
