Snapchat parent to reduce workforce by 10%, impacting nearly 530 employees

Snap Inc., the parent company behind the popular social media platform Snapchat,…

Khyaal, an online platform for senior citizen wellness, gets seeded with $4.2Mn from Inventus, SVQuad

Khyaal, an online app with a myriad of services focused around wellness…

Paytm under investigation for FEMA violations amid regulatory scrutiny: Reuters

Paytm, the troubled Indian fintech giant, has now found itself under the…

Ola, Uber to operate under new fixed fare structure in Indian state of Karnataka

The transportation regulator in India’s southern IT Hub of Karntaka, has now…

Meta surpasses Q4 2023 expectations, Reality Labs clocks major operating loss

The “year of efficiency” has finally come to an end for social…

UMG starts removing works of Taylor Swift, Olivia Rodrigo, others from TikTok as licensing talks fail

Universal Music Group (UMG) has removed the music catalogues of prominent artists,…

Apple faces China struggles as iPhone sales decline, but global revenues grow

Apple, the tech juggernaut, is facing a formidable challenge in its Chinese…

Reliance-owned Viacom18 set to acquire 60% stake in Disney India for $3.9Bn: Report

It seems Disney India’s acquisition with Mukesh Ambani-owned Viacom 18 is finally…

Paytm to cut ties with Paytm Payments Bank amidst regulatory ban

Yesterday, the Reserve bank of India (RBI) imposed further restrictions on Paytm…

Alphabet’s Q4 earnings 2023: Ad revenue misses estimates, Google Cloud shines

Generative AI turned out to be the highlight of the previous year,…

India’s central bank asks Paytm Payments Bank to halt business

Paytm Payments Bank, the payment giant’s division that handles payments for several…

Fidelity marks down Meesho’s valuation to $3.5 billion

Adding to a growing, not-so-favourable list of high-profile Indian unicorns getting their…

Byju’s cuts valuation by over 99% in latest rights issue

Byju’s, the prominent Bengaluru-based edtech giant, is reportedly open to accepting a…

‘Taylor Swift’ searches blocked on X amid struggles to contain spread of fake explicit images

Elon Musk’s social media platform, X, formerly known as Twitter, has implemented…

Security breach exposes sensitive data on Indian State of Rajasthan’s key Government welfare portal

A security breach on a key Government portal of the Indian state…

Hewlett Packard Enterprise cloud email system breached by same Russian group that attacked Microsoft

Hewlett Packard Enterprise Co. (HPE) has fallen victim to a cyberattack, taken…

Tesla stock plummets over 8% as Elon Musk warns of slowing sales growth

Tesla’s stock faced a significant downturn, plummeting over 8% after CEO Elon…

Microsoft briefly surpasses $3Tn market cap, second to do so after Apple

In a remarkable turn of events, Microsoft experienced a historic moment as…

Apple plans new fee and restrictions for sideloaded apps, WSJ report says

It seems that Apple is on the cusp of unveiling policy changes…

Netflix surpasses Q4’23 expectations with 13.1Mn subscriber surge

Netflix, the global streaming juggernaut, has reported a strong performance in the…