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Tech consulting major Accenture to lay off 19000 employees, 2.5% of its global workforce

In a sector that was generally being seen a safe bet for…

Nazara-owned Sportskeeda acquires stake in Pro Football Network for $1.82 million

Absolute Sports, the parent company of sports news and analysis website Sportskeeda,…
Tencent

Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue

China’s Tencent Holdings reported a drop in annual revenue for the first…

Google rolls out its conversational AI bot ‘Bard’ to limited users

The popularity of ChatGPT opened the floodgates for numerous other AI chatbots…
PhonePe Flipkart

Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe

Fintech major PhonePe has secured an additional $200 million from its parent…

Silicon Valley Bank parent SVB Financial files for Chapter 11 bankruptcy protection

Days within SVB’s dramatic collapse, the parent firm of Silicon Valley Bank…

YouTube increases TV subscription prices to $72.99/month

Streaming service YouTube TV just got more expensive – the company announced…

Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn

Digital payments giant Stripe announced on Wednesday, that it has signed agreements…
Lenskart

Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA)

Confirming reports from last week, Lenskart has confirmed raising a $500Mn round…

OpenAI releases GPT-4, a new multimodal AI available to its paying users via ChatGPT Plus

OpenAI, the parent behind the infamous AI chatbot ChatGPT, has announced the…

Meta announces additional 10,000 job cuts in second round of layoffs

Months after it laid off nearly 11,000 employees, world’s largest social media…

SpaceX to test Starlink’s satellite-to-cellular connectivity with T-Mobile

A future where we receive phone calls via space satellites in case…

FDIC, US Treasury take steps to protect SVB depositors, assure that money will be available on Monday

The sudden collapse of Silicon Valley Bank (SVB) last week ensured that…