The Latest

Meta clocks rise in users in Q1 2022, but revenue growth is the lowest since it went public

Meta is the parent to some of the leading social media platforms…

James Murdoch’s Bodhi Tree Systems to invest $1.76Bn in Reliance-owned Viacom 18 TV Network

Reliance Industries is back at money raising, once again for a company…

Apple’s Self Service Repair is now available for iPhone users in the US

Apple’s recently announced Self-repair service is now available in the US. Later this year, it will expand to additional countries, beginning with Europe.

Jack Dorsey slated to make $978Mn post upon close of Elon Musk’s twitter acquisition

Dorsey won’t be the only one expecting a paycheck. Twitter’s current CEO Parag Agrawal, CFO Ned Segal and Chief Legal Official Vijaya Gadde, will be making $38.4 Mn, $25.4 Mn and $12.4 Mn respectively.

Google-parent Alphabet misses EPS and revenue estimates in Q1 2022

Google parent Alphabet smashed its way into the record books last year…
Elon Musk

It’s official, Elon Musk to buy-out Twitter for $44Bn

Elon Musk has pulled off another one of his classic moves. Elon…
Tesla CEO Elon Musk

Twitter, Elon Musk on the verge to finalize buy-out: Report

Elon Musk has flexed his muscle on the global tweeting chatters, and…

Zenda, a platform that helps parents with school fee payments, gets seeded with $9.4Mn to expand in India

Zenda, which helps parents pay school fee digitally and keep a track of the same, has raised $9.4Mn in a seed round, to expand in India.

‘Space bricks’ — Indian Institute of Science and ISRO create prototype bricks for building settlements on Mars

Indian Institute of Science and Indian space agency ISRO, have teamed up to develop world’s first bricks, made out of Martian soil.
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

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…