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…

Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn

Digital payments giant Stripe announced on Wednesday, that it has signed agreements…

Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA)

Confirming reports from last week, Lenskart has confirmed raising a $500Mn round…

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…

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…

Google set to hold its annual I/O conference on May 10 with a limited live audience

Google has announced that it will hold its annual I/O Conference on…

Meta employees brace for more layoffs

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

Apple’s next-gen 24-Inch iMac with M3 chip likely to hit shelves in second half of 2023

Apple is reportedly preparing to release a new version of its 24-inch…

SoftBank reportedly sells ₹600 crores worth of Delhivery shares, offloads 3.8% stake

SoftBank has been, in recent times, looking to wind down its investments…

Meta backs ‘Take It Down’, a new service that helps prevent spread of minors’ intimate images online

Facebook & Instagram parent Meta is pushing further against the circulation of…

WhatsApp experiments a ‘Newsletters’ tool

Newsletters, even though many have discarded their importance these days, continue to…

Meta to bring Twitter-like paid subscription named ‘Meta Verified’ to Facebook and Instagram

Meta is taking a page out of Twitter’s book and launching a…

Microsoft acknowledges Bing user complaints, including ones that leads to it responding outside of ‘its designed tone’

Bing has been making the headlines ever since Microsoft introduced the AI-powered…

PhonePe lands another $100Mn as a part of its $12Bn valued ongoing round

Indian fintech major PhonePe has secured an additional $100 million in primary…

Twitter brings longer, 4000 character tweets for ‘Blue’ subscribers in the US

Elon Musk has been promising longer tweets for a while, and now,…

WhatsApp brings voice messages, reactions and more to Status

WhatsApp is showering its Status updates with love, with a slw of…