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Tesla plans to raise $2 billion from market, weeks after Musk said it ‘didn’t make sense’

Elon Musk lead Tesla is planning to raise $2 billion in capital…

Ed-tech startup Vedantu adds $24 million to its Series C round

Ed-tech startup Vedantu has added $24 million to its Series C round,…
amazon logo

India’s competition regulator filed probe sans evidence, Amazon tells state high court judge

Amazon, which has been put into question by Competition Commission of India…

Softbank reports a staggering 99% fall in profits due to failed WeWork IPO, declining Uber share

Things that were so far being speculated and only talked about in…

MakeMyTrip reports $1.7B in gross bookings for Q3 2020, founder Deep Kalra steps down as CEO

Following the foot steps of most successful new-age tech founders, Deep Kalra,…
Netflix

Users want more of streaming services, Netflix commands maximum share: Nielsen

The plain, simple act of watching ‘television’ has evolved by leaps and…

Court rejects Apple’s appeal in patent battle with VirnetX over Facetime VPN tech, again

There is a familiar fate that the over decade-long Apple vs VirnetX…
hp, keylogger

Xerox sweetens HP takeover deal by $2 to $24 per share

Xerox’s take over attempt of HP is no secret. Both hardware driven…
amazon logo

Amazon invests ₹2,500 crore in marketplace and data centre units in India

Amazon is pushing further capital into its India business. The US ecommerce…

Facebook and US IRS take to court this week over $9 billion in alleged unpaid taxes

In a case that would set the benchmark for incoming US governments…
Uber simplifies rides for seniors

Uber claims it is the top ride hailing company in India with over 50% market share

Uber had a okayish fourth quarter of 2019, as is evident from…
Apple

Apple fined €25 million in France for capping iPhone performance

Technology giant Apple has been slapped with a fine of €25 million…

Byju’s scores another $200 million in ongoing round, this time from General Atlantic

Byju’s funding juggernaut looks in no mood to stop. The company is…

SpaceX’s Starlink could go for an IPO as a SpinOff: Report

Calling SpaceX an out-of-the box company would probably be an understatement. Elon…
Twitter

Twitter reports $1.01B in Q4 2019 revenue, monetizable daily users up 21% YoY at 152 million

Twitter had a better than expected last quarter of the preceding decade,…

Jeff Weiner is stepping down as LinkedIn CEO, to take on the role of Executive Chairman

In a progression that has become quite familiar with new-age successful tech…

Spotify reports 271 million monthly active users, Q4 revenues exceed $2 billion

Streaming music has easily become the biggest form of music consumption over…
Google

Alphabet reports Youtube revenues at $15.15 billion, cloud revenues of $8.92 billion for 2019

Google parent Alphabet reported its earnings for the fourth quarter of 2019…

Hulu CEO Randy Freer departs amid Disney restructuring

Disney has become the Godfather of the entertainment industry, with the company…