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Paytm releases Q4’22 results, revenue grows 89% YoY but losses widen

Paytm’s merchant base grew to 26.7 million merchants and its loss increased from ₹441.8 crores in the same quarter last year to ₹761.4 crores in Q4 FY 2022.
Elon Musk SpaceX

Musk puts Twitter deal on hold until CEO Agrawal shows proof of twitter spam being <5%

Musk tweeted “20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter’s SEC filings being accurate.”
Tesla CEO Elon Musk

Bot debate: Elon Musk says taking Twitter private at a lower price is not out of question

Is Musk getting cold feet ahead of the billion-dollar acquisition of Twitter?…
Elon Musk

Musk says he has been accused by Twitter legal team of violating NDA

Elon Musk and Twitter. These are words that seldom come together without…

Elon Musk says Twitter takeover deal on hold over potentially fudged user numbers

As the northern hemisphere prepares to reel into comforts of summer, Twitter…

SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter

SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm.

Google launches the $449, Tensor-powered Pixel 6a, announces Pixel 7 for this fall

The Pixel 6A is priced at an aggressive $449, is powered by the ever-powerful Google Tensor chip and comes loaded with Android 13 and added security features.

Google I/O 2022: Maps gets “Immersive View,” Auto Summary comes to Google Docs, and more

At this year’s I/O 2022, Google unveiled a slew of software upgrades, including some critical ones on Google Maps, Google Chat, Youtube, Chrome and much more.

Here’s what to expect in Google I/O 2022

As has been the norm post pandemic, this year’s Google I/O will be taking place online too, and you can watch the live-stream on YouTube. It is free for all to attend.

a16z joins Sequoia, Binance, Oracle’s Elison and others in backing Elon Musk’s $44Bn Twitter Bid

Interestingly, despite rumours and ‘internal sources’, no PE firm has come up to back any portion of Elon Musk’s bid, at least as per the latest amended 13D filing.

Quick commerce startup Zepto valued at $900Mn after a new $200Mn fundraise

The meteoric rise of quick commerce (set to reach $5.5 billion by…

iPhone and Mac sales lead the way as Apple clocks over $97Bn in Q2’22 revenue

Apple had a strong fiscal 2022 second quarter as it generated revenue of over $97 billion, led by bumper iPhone and MacBook sales.
Twitter

Twitter reports Q1’22 numbers, 16% Y-o-Y increase in revenue at $1.2Bn

The status of Twitter as a public company may soon change if…

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…

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…

‘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.
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.