Business Crypto News 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… Soumyadeep SarkarNovember 12, 20223 minute read
Business News Startups 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… Soumyadeep SarkarNovember 12, 20222 minute read
Business Internet News 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… Soumyadeep SarkarNovember 11, 20223 minute read
Business News 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… Soumyadeep SarkarNovember 10, 20223 minute read
Business Crypto News 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… Soumyadeep SarkarNovember 10, 20223 minute read
Business Culture & Policy News 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… Soumyadeep SarkarNovember 9, 20223 minute read
Crypto News Binance to bail out struggling rival FTX through acquisition Amid the current extremely torrid crypto and macro economic times, Binance, the… Soumyadeep SarkarNovember 9, 20223 minute read
News Space Startups [Updated]: Skyroot Aerospace to launch India’s first privately developed rocket on Friday Update: The original launch date was set for November 15, but has… Soumyadeep SarkarNovember 9, 20223 minute read
Business Internet News Twitter usage at an “all-time high”, says Elon Musk Musk’s acquisition of Twitter had sparked fears and concerns that users would… Soumyadeep SarkarNovember 8, 20222 minute read
News Startups Paytm disbursed 9.2 million loans in Q2 FY23, net loss widens to ₹571.5 crores One97 Communications, the parent company of fintech giant Paytm, revealed on Monday… Soumyadeep SarkarNovember 8, 20222 minute read
Crypto Culture & Policy News US justice department has seized $3.36Bn worth of cryptocurrency The United States Department of Justice (DOJ), has announced seizure of cryptocurrency… Global Staff @ The Tech PortalNovember 8, 20221 minute read
Business News Startups 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… Soumyadeep SarkarNovember 8, 20222 minute read
Business Culture & Policy Internet News Accounts impersonating others without specifying them as parody will be permanently booted off Twitter, declares Musk Elon Musk is all for memes and free speech – the former… Soumyadeep SarkarNovember 8, 20223 minute read
Business News 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… Soumyadeep SarkarNovember 7, 20222 minute read
Business Culture & Policy News 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… Soumyadeep SarkarNovember 5, 20222 minute read
Business Culture & Policy News Expected mass layoffs at Twitter have begun Twitter layoffs are finally happening. A tumultuous first week at the social… Soumyadeep SarkarNovember 4, 20222 minute read
Apps Internet News WhatsApp launches Communities, lets groups add up to 1024 members, and more Earlier this year, Meta-owned WhatsApp introduced Communities, a step further than the… Soumyadeep SarkarNovember 3, 20222 minute read
Business Culture & Policy Internet News 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… Soumyadeep SarkarNovember 3, 20222 minute read
News Startups Cashkaro gets $16Mn in latest fundraise, targets 100Mn users Cashkaro, the popular cashback and coupouns platform, has announced fresh fundraise worth… Staff@The Tech PortalNovember 3, 20222 minute read
Business News 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… Soumyadeep SarkarNovember 3, 20222 minute read
Internet News Musk announces Twitter Blue to cost $8/month, comes with paid verification, priority in replies, fewer ads, and more Twitter Blue, as reported earlier, is getting a revamp, and now, Elon… Soumyadeep SarkarNovember 2, 20222 minute read
