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Ola Electric cuts jobs amid financial struggles

Ola Electric, other EV makers set to recall vehicles in response to multiple fire incidents

Ola Electric and other EV startups have been in the news for all the wrong reasons over this past month, due to their rushed-to-development EVs catching fire on their own.
Reliance denies pause as battery supply risks grow

Reliance won’t go ahead with its $3.4Bn Future Group deal

Mukesh Ambani’s Reliance has officially announced calling-off one of India’s most controversial corporate mergers — its $3.4Bn deal with Future Group.

Twitter’s CC button will let users toggle between turning video captions on and off

The ownership of Twitter is in contention as the bidding war intensified…
Ola Electric cuts jobs amid financial struggles

Nitin Gadkari asks EV manufacturers for voluntary recalls amid multiple fire incidents

In response to several incidents of EV two-wheelers spontaneously catching on fire,…
Amazon

Amazon doubles down on social commerce in India with Glowroad acquisition

Amazon India has deepened its push into the growing social commerce sector…
Amazon

Amazon announces $1Bn venture fund for up and coming supply chain, logistics startups

Amazon is investing $1Bn into supply chain, fulfillment and logistics innovation and further improve the customer and employee experience.

India’s Twitter-rival ‘Koo’ becomes first to make its algorithms public

Koo has been under criticism and controversies for a long time now, due to its favouritism and leaning towards India’s ruling party, the BJP.

Elon Musk’s “The Boring Company” pockets $675 million to build and scale Loop projects

This development comes months after The Boring Company received a green signal to make the ‘Vegas Loop’.
Tesla sales fall again, challenges persist

Tesla hits it out of the park with Q1 2022 numbers, but warns of continued supply chain disruptions for this year

Tesla recorded total revenues of $18.76 Billion, with a gross profit of $5.5 Bn. Those numbers are up 81% and 147% compared with last year.

Sales commission management platform Everstage scoops up $13Mn in Series A fundraise

With commission structures becoming complicated by the day, sales teams often do…

BMW launches the new i7, its first all electric 7 Series luxury sedan

BMW have started taking pre-orders for their brand new model, the BMW…

Samsung explores artistic freedom with a new Pokémon themed Galaxy Z Flip 3, a South Korea Exclusive

Every now and then, we see smartphone vendors release brave colorways in…
Netflix announces Q4 2024 results

Netflix lost 200K subscribers in a quarter, set to introduce cheaper ad-supported plans, charges on account sharing

The suspension of Netflix in Russia led to a los of 700K subs. Netflix is now planning an ad-supported plan, a first in its 25 year history.
Elon Musk

Twitter buy-out talks intensify as Musk offers to invest own money, other private firms mull possible buyout

Twitter has been making the headlines consistently over the past weeks, something…
Twitter

Twitter to maintain record of original tweets edited using edit button: Report

According to a report by researcher Jane Manchun Wong, Twitter’s edit button…
CoinDCX hacked; user funds safe.

Cyrpto exchange CoinDCX clocks in $135 Mn in Series D, crosses $2.1 Bn in valuation

Indian Cryptocurrency exchange platform CoinDCX is now evaluated at $2.1 Billion, after…

Instagram’s product tagging feature now available to all users in the US with public accounts

Remember Instagram’s product tagging feature? It is alright if you don’t, given…

Zerodha’s profit and revenue jump by nearly 60% in FY22

Leading financial services company Zerodha has had a fruitful year if the…

Ethereum based DeFi Project Beanstalk Farms loses $182 Mn worth of digital assets in a ‘flash loan attack’

In what comes as another unfortunate but teachable moment to the decentralised…

UrbanPiper lands $24 Mn in Series B, arch rivals Zomato, Swiggy co-invest amid strategic alignment

It was a day of brand new firsts in the Indian startup-land,…