Business Culture & Policy News Netflix lays off (again), taking total layoffs to nearly 450 Instances of companies laying off employees to survive tough market conditions this… Soumyadeep SarkarJune 24, 20222 minute read
Business News Uber refutes reports of company’s plans to exit India Responding to a report by Bloomberg claiming Uber had discussed shutting shop… Guntas SinghJune 23, 20222 minute read
Business Global News Musk says Tesla’s factories in Texas and Berlin are “gigantic money furnaces”, losing billions Tesla, Elon Musk’s electric vehicle company, had opened two new car factories… Soumyadeep SarkarJune 23, 20222 minute read
Internet News Twitter tests new feature that will let users post long form content in tweets In 2017, Twitter made the decision to double the character on tweets… Soumyadeep SarkarJune 23, 20222 minute read
News Venture Capital Accel announces a mega $4Bn late stage fund That this announcement — that too from a name of Accel’s stature — comes at a time when it was much needed, will be an understatement. Global Staff @ The Tech PortalJune 22, 20222 minute read
Internet News Meta to roll out new monetization tools and updates for creators on Instagram and Facebook Creators are finally getting the love and recognition they deserve as Meta… Soumyadeep SarkarJune 22, 20223 minute read
Business Google Internet News Twitter’s board unanimously recommends $44Bn Elon Musk buyout to shareholders The saga of the multi-billion-dollar acquisition of popular micro-blogging site Twitter finally… Soumyadeep SarkarJune 21, 20222 minute read
News Startups Vahak lands $14Mn for its logistics marketplace that aims to help India’s truck drivers earn better Contrary to other platforms, Vahak facilitates direct connections with truck drivers rather than bringing orders to transporters. Staff@The Tech PortalJune 21, 20222 minute read
Business News SEBI hits Reliance with fine for improper disclosure of Facebook-Jio deal Reliance Industries, one of India’s most pervasive business behemoths, have been fined… Soumyadeep SarkarJune 21, 20222 minute read
Culture & Policy News Indian govt. bans WhatsApp groups for allegedly spreading misinformation and coordinating protests against Agnipath military reforms Following protests that turned in violent across several parts of the country… Soumyadeep SarkarJune 20, 20222 minute read
News Startups FinBox lands $15Mn for its B2B digital credit infrastructure stack, Flipkart, Aditya Birla group participate Finbox, a fintech that provides B2B digital credit infrastructure to consumer fintech… Staff@The Tech PortalJune 20, 20222 minute read
Apps Internet News Telegram rolls out new Premium tier as user base expands to over 700 million Telegram has carved a nice niche for itself, and today, it is… Soumyadeep SarkarJune 20, 20223 minute read
Crypto News Crypto tumble continues as Bitcoin reached crucial $20,000 mark The crypto winter that has prevailed for the better half of the… Soumyadeep SarkarJune 20, 20222 minute read
Apps News Startups Sharechat raises $255 Mn, closes series H round at $5 Bn valuation ShareChat earlier raised $266 million as a part of this round in December last year. The company is now valued at $5 billion. Guntas SinghJune 17, 20221 minute read
Apps Gaming News Startups Fantasy esports startup FanClash bags $40 Mn in Series B round FanClash, a Gurugram-based Fantasy gaming startup, has attracted $40 Mn in Series… Guntas SinghJune 17, 20222 minute read
Business News Mastercard’s ban lifted, allowed to onboard new customers in India Nearly a year ago, on July 22, 2021, the Reserve Bank of… Soumyadeep SarkarJune 17, 20222 minute read
Apps Internet News Instagram is testing a new full-screen feed The battle for dominance in the social media sphere continues to intensify… Soumyadeep SarkarJune 17, 20222 minute read
Culture & Policy Gadgetry News Apple to face a $935 Mn class action in the UK for alleged throttling of older devices Apple will be facing this lawsuit on behalf of 25 million iPhone users in the UK who used any of 10 iPhone models between iPhone 6 and iPhone 10. Guntas SinghJune 16, 20222 minute read
Apps News Samsung Wallet goes live in select regions, holds IDs, digital Keys and more Samsung Wallet allows users convenient access to credit/debit cards, Membership cards, digital Keys, documents and a lot more. Guntas SinghJune 16, 20222 minute read
Business Global News Spotify to slow down recruitment by 25% The list of companies, specially in tech, that are laying off employees… Soumyadeep SarkarJune 16, 20222 minute read
Business News Startups upGrad’s valuation doubles as it picks up $225Mn in latest fundraise The pandemic was instrumental in ensuring that online education rose to prominence… Soumyadeep SarkarJune 16, 20222 minute read