Business News Disney+ Hotstar sees minor subscriber drop in Q3, uptick in revenue per user Disney+ Hotstar, Walt Disney’s streaming service for India, reported a drop of… Soumyadeep SarkarAugust 7, 20242 minute read
Business China News Apple Q3 revenue rises despite China decline, sets revenue record in India Apple reported better-than-expected financial results for its fiscal third quarter, ending June… Soumyadeep SarkarAugust 2, 20243 minute read
Business Culture & Policy News Intel confirms 1000s to be laid off, to cut costs by nearly $10Bn Intel has confirmed lay offs in an internal memo. The company announced… Soumyadeep SarkarJuly 31, 20243 minute read
Business News Microsoft revenue rises by 15% in Q4, Intelligent Cloud revenue up 19% Microsoft reported its financial performance for the fiscal fourth quarter, which ended… Soumyadeep SarkarJuly 31, 20243 minute read
Business News Startups Paytm reports ₹840 crore in Q1 loss, revenue drops 36% as regulatory pressure continues Paytm’s trouble on financial and regulatory sides do not seem to be… Soumyadeep SarkarJuly 19, 20242 minute read
Business Internet News Netflix surpasses earnings expectations with subscriber growth in Q2 Streaming giant Netflix solidified its position as the leader in the streaming… Soumyadeep SarkarJuly 19, 20243 minute read
Business Gadgetry News Apple sales in India soar to $8Bn, up 33% from last year For years, India has been a challenging market for Apple to crack.… Soumyadeep SarkarJuly 15, 20242 minute read
Business Gadgetry News Global smartphone shipments clock 6% rise in Q2 2024 The global smartphone market exhibited significant growth in the second quarter of… Soumyadeep SarkarJuly 15, 20243 minute read
Business News Markets favour a Jio spin-off from Reliance, with possible $112Bn valuation IPO in 2025: Jeffries report Reliance-owned Jio, which is backed by the likes of Google, Microsoft, Meta… Soumyadeep SarkarJuly 11, 20242 minute read
Business Culture & Policy Global News EU accuses Microsoft of antitrust violations over Teams bundling After Apple, it is now Microsoft’s turn to face the music with… Soumyadeep SarkarJune 25, 20243 minute read
Business News Nvidia surpasses Microsoft to become most valuable company globally, market cap reaches $3.34Tn The pecking order of the tech world has changed once more, and… Soumyadeep SarkarJune 19, 20243 minute read
Business News Startups Travel booking platform Ixigo makes public market debut, lists at 49% premium Ixigo, one of the largest online travel booking platforms in India, has… Global Staff @ The Tech PortalJune 18, 20241 minute read
Business Internet News Zomato, with a hefty cash warchest, eyes another strategic acquisition in Paytm’s movie & events ticketing business Zomato has confirmed — which was earlier reported by several outlets —… Global Staff @ The Tech PortalJune 17, 20241 minute read
Business Culture & Policy News Tesla shareholders approve Elon Musk’s $56Bn pay package Tesla shareholders, at their annual meeting held in Austin, Texas, voted in… Soumyadeep SarkarJune 14, 20242 minute read
Business Culture & Policy News Tesla shareholders are suing Elon Musk, alleging he shifted key resources from Tesla to xAI The tech industry’s new-found focus on AI may have done wonders for… Soumyadeep SarkarJune 14, 20243 minute read
Business Global News OpenAI revenue doubles to $3.4Bn in six months: Report The AI boom continues to be beneficial for the likes of OpenAI,… Soumyadeep SarkarJune 13, 20242 minute read
Business News Raspberry Pi stock surges upto 40% on London Stock Exchange debut The UK stock market can now breathe a sigh of relief, now… Soumyadeep SarkarJune 12, 20242 minute read
A.I. Business News Nvidia surpasses Apple to becoming the second most valuable company globally The pecking order in Silicon Valley is experiencing a significant shakeup. Nvidia,… Soumyadeep SarkarJune 6, 20242 minute read
Business News Startups Baron Capital marks up stake in Swiggy, values it at $15.1Bn ahead of IPO US-based asset manager Baron Capital has significantly marked up the valuation of… Soumyadeep SarkarJune 3, 20242 minute read
Business News Adani Group eyes e-commerce expansion, entry into India’s digital payments market: Report Adani Group, the Indian business conglomerate helmed by Gautam Adani — India’s… Soumyadeep SarkarMay 28, 20242 minute read
Business News Flipkart secures $350Mn investment from Google Google has invested approximately $350 million in Walmart-owned Indian e-commerce giant Flipkart… Soumyadeep SarkarMay 24, 20242 minute read