Udaan faces sharp valuation drop to $1.8B in latest fundraise

Udaan, the B2B ecommerce unicorn, finds itself at the epicenter of a…

FedEx looks to take on Amazon and others with new merchant platform FDX

Logistics giant FedEx has unveiled a new ‘data-driven commerce’ platform FDX, in…

Apple responds to market pressures with rare discounts on iPhones in China

Apple, often seeming invincible in the consumer tech space, is showing rare…

Apple reportedly shuts down San Diego AI team

According to media reports, tech behemoth Apple has decided to relocate its…

Nvidia semiconductors acquired by Chinese entities despite US ban: Report

Chinese government and military-linked institutions – including AI research institutes and universities…

OpenAI’s ChatGPT Enterprise soars with 260 business adoptions in 4 months

OpenAI’s ChatGPT Enterprise has marked a meteoric rise in popularity within the…

US Bitcoin ETFs trade volume hits $4.6Bn on first trading day post SEC approval

Along anticipated lines, investors made a beeline for the first ever SEC-…

UK CMA plans to make ‘Big Tech’ give data access to competitors

Britain’s competition watchdog, the Competition and Markets Authority (CMA), is gearing up…

Grip Invest secures $10M in Series B after pivoting to a SEBI-regulated alternate investment platform

Delhi-based financial technology firm Grip Invest, which has had a sine-curvish journey…

Google is laying off hundreds in fresh rejig, voice assistant, hardware and engineering teams affected

The brutal layoffs that global tech witnessed last year, is dragging itself…

Amazon announces signficant layoffs in Prime Video and Studios divisions

Amazon has unveiled plans for a substantial restructuring, leading to a considerable…

OpenAI launches GPT Store, its long-awaited marketplace for custom chatbots

After a long wait, OpenAI has officially launched the GPT Store, a…

What is the role of a wagering requirement in online casinos?

Casino bonuses are cool, right? Yeah, we love them too. It’s always…

Apple removes Binance, KuCoin, other crypto apps from India App Store amid regulatory scrutiny

Apple has opted to expel several offshore cryptocurrency exchanges, including notable platforms…

Tata Group plans semiconductor plant, battery storage unit in India’s Gujarat

In a move that will add further momentum to India’s nascent but…

After Meta, X cuts support for NFTs

Twitter silently took away a perk available to the people who were…

PierSight picks up $6Mn in fresh fundraise for its satellite-powered ocean surveillance tech

Ahmedabad-based spacetech startup PierSight, has raised $6 million in a new round…

Hyundai unveils S-A2 electric air taxi at CES 2024, says electric air taxi business will launch in 2028

Flying cars have always captured humankind’s imagination. Originally a thing in sci-fi,…

Meta strengthens protections for teens on Instagram and Facebook

Meta Platforms, the parent company of social media giants Instagram, Facebook and…

Unity announces 25% reduction in workforce as a part of “company reset”

In a recent filing with the Securities and Exchange Commission, Unity Software…