Business Culture & Policy News Amazon initiates largest round of layoffs in company history In what is the sequel to an earlier report, Amazon has initiated… Soumyadeep SarkarNovember 17, 2022
Business Global News SoftBank to sell 29Mn shares in Paytm parent One97, get $200Mn in return SoftBank is planning to offload 29 million of its shares in One97… Soumyadeep SarkarNovember 16, 2022
Futurism News Space NASA’s Artemis 1 mission successfully takes to the skies It is said that third time’s the charm, and for NASA, that… Soumyadeep SarkarNovember 16, 2022
Internet News YouTube tests ability to purchase items directly from Shorts Platforms like Facebook, Instagram, and YouTube are many things – public forums,… Soumyadeep SarkarNovember 16, 2022
News Space NASA awards $1.15Bn contract to SpaceX for second Artemis crewed demonstration mission SpaceX, having already secured its first contract for NASA’s first crewed demonstration… Soumyadeep SarkarNovember 16, 2022
Business Enterprise News WhatsApp India head, its first in the country, steps down It is not just Twitter that has seen several (and sudden) vacancies… Soumyadeep SarkarNovember 15, 2022
Business Culture & Policy Internet News Google agrees to pay $391.5Mn in largest Attorney General-led consumer privacy settlement in the US It seems you are not safe even when you turn off location… Soumyadeep SarkarNovember 15, 2022
Business E-commerce News Amazon to fire as many as 10,000 employees this week across corporate and tech sectors: Report Firing employees to manage costs have been the norm of the year,… Soumyadeep SarkarNovember 15, 2022
News Startups Fintech SaaS Lentra nabs $60 million from Citi, others to fuel global expansion Indian fintech space has emerged as the next tech powerhouse of sorts… Soumyadeep SarkarNovember 14, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022
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, 2022