The Latest

Xiaomi says India’s heavy hand on Chinese firms leading to uncertain component supply chains: Report

India’s smartphone market, fastest growing in the world, continues to be dominated…

Sam Altman in fundraising talks to the tune of ‘trillions’ for AI chip venture: WSJ

OpenAI founder Sam Altman is looking to capitalise no the surging demand…
Zomato

Zomato reports rise in revenue, profit in Q3 FY24

Zomato has announced its financial results for the third quarter of the…

Neodocs raises $2Mn in seed round for its smartphone-based, at-home test kits

Neodocs, a health-tech startup that so far functioned in stealth, is moving…

Disney to invest $1.5Bn in Fortnite maker Epic Games

Disney is making strides into the gaming landscape, with the entertainment conglomerate…

WhatsApp to enable interoperability across messaging platforms

As the clock ticks towards the enforcement of the European Union’s (EU)…

Adam Neumann, ousted WeWork founder, is now trying to buy back the bankrupt company

In 2019, Adam Neumann was ousted from WeWork after the company made…

Microsoft plans new business event to share its ‘vision for the future of Xbox’

It seems that the coming times will be interesting ones for Xbox…
Snapchat

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…
Uber logo

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…
Disney+

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…