The Latest
Quick-commerce firms accused of predatory pricing

Zomato to acquire quick commerce startup Blinkit for $568 Mn in all-stock deal

The Indian quick commerce sector is in for a ride as food…

Chrome 103 brings enhanced security features, Interface updates and more to iOS

As a part of Google Chrome’s latest update rolled out on all…
StableCoins as an imaginary real coin

Crypto firm Harmony faces cyber attack, $100 Mn in digital assets wiped out

US. Based Cryptocurrency firm Harmony has faced a cyber attack, as hackers…
Uber integrates metro ticketing via ONDC

Uber refutes reports of company’s plans to exit India

Responding to a report by Bloomberg claiming Uber had discussed shutting shop…

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…
Twitter

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…

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.
Meta fixes Instagram’s violent content glitch

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…
Twitter

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…
India, Economy

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.
Jio and SpaceX to bring Starlink to India.

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…

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…

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…
Telegram

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…
US seizes $225M crypto, victims reimbursed

Crypto tumble continues as Bitcoin reached crucial $20,000 mark

The crypto winter that has prevailed for the better half of the…
ShareChat Jeet11

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.

Fantasy esports startup FanClash bags $40 Mn in Series B round

FanClash, a Gurugram-based Fantasy gaming startup, has attracted $40 Mn in Series…

Mastercard’s ban lifted, allowed to onboard new customers in India

Nearly a year ago, on July 22, 2021, the Reserve Bank of…
Instagram suffers outage

Instagram is testing a new full-screen feed

The battle for dominance in the social media sphere continues to intensify…