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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…

US regulator FDIC takes charge of Silicon Valley Bank, to resume banking starting Monday

In what serves as the epilogue to its recent journey, Silicon Valley…

Meta is ‘pausing’ Reels bonuses for creators in the US

Social media company Meta is pausing its Reels Play bonus program in…
Lenskart

Lenskart nears $500Mn investment from Abu Dhabi’s sovereign wealth fund, ADIA

India’s Lenskart, which is eyeing to become one of the largest eyewear…

India adds cryptocurrencies and virtual assets within existing money laundering provisions

The Indian government has taken a significant step to tighten regulations around…

Meta employees brace for more layoffs

Meta, the parent company of popular social media platforms Facebook, Instagram, and…