Business News Reliance to accept India’s CBDC as payment option across retail stores The fag end of the previous year saw the Reserve Bank of… Soumyadeep SarkarFebruary 2, 20233 minute read
Business Global News Meta clocks 4% drop in Q4 revenue, Reality Labs continues to bleed, massive buyback sends stock soaring Facebook-parent Meta successfully beat Wall Street estimates for its revenue for the… Soumyadeep SarkarFebruary 2, 20233 minute read
Business Culture & Policy News Google to reduce workforce by 6%, lay off up to 12,000 employees The faltering global economy just forced yet another big tech company to… Soumyadeep SarkarJanuary 20, 20232 minute read
News Startups PhonePe gets $350Mn in latest round from General Atlantic, valued at nearly $12Bn Fundraising hasn’t been as bright as it was during 2021 for Indian… Staff@The Tech PortalJanuary 19, 20232 minute read
Culture & Policy News Microsoft confirms 10,000 employees are being laid off across divisions Confirming earlier reports of a big job cut coming in at Microsoft,… Staff@The Tech PortalJanuary 19, 20231 minute read
Gadgetry News Apple launches two powerful new M2 chipsets — M2 Pro and M2 Max, and MacBook Pros that come equipped with them Apple made a slew of new critical hardware launches today, including new… Global Staff @ The Tech PortalandSoumyadeep SarkarJanuary 18, 20234 minute read
Culture & Policy News Startups ‘Restructuring exercise’ results in Ola laying off 200 employees Whether it be 2022 or 2023, some things just do not seem… Soumyadeep SarkarJanuary 13, 20232 minute read
Culture & Policy Futurism Internet News OpenAI begins piloting a professional version of ChatGPT If you are good at something, never do it for free. OpenAI… Soumyadeep SarkarJanuary 12, 20233 minute read
Global News Glitch in FAA’s computer system grounds flights across the US for hours before being resolved A major computer glitch in the US aviation regulator — FAA’s — … Soumyadeep SarkarJanuary 11, 20233 minute read
Crypto News Coinbase goes into 2023 with reduced workforce, shuts down multiple projects Coinbase is looking to initiate its second round of layoffs, according to… Soumyadeep SarkarJanuary 10, 20232 minute read
Business News Apple is recruiting for its upcoming retail stores in India: Report Apple’s India focus in retail, was supposed to get a push through… Soumyadeep SarkarJanuary 9, 20233 minute read
Gadgetry News Apple likely to launch ‘Reality Pro’ mixed reality headset ahead of WWDC, begin shipping in fall 2023 If you have been waiting for Apple to introduce and launch a… Soumyadeep SarkarJanuary 9, 20232 minute read
Business Internet News Twitter to bring long-form tweets and other changes as part of major UI overhaul Twitter’s user interface is set to get a major overhaul, according to… Soumyadeep SarkarJanuary 8, 20232 minute read
News Startups KreditBee adds another $100Mn to its Series D, valuation nears $700Mn KreditBee, the Indian fintech upstart that provides easy personal loans via its… Staff@The Tech PortalJanuary 6, 20232 minute read
Business Culture & Policy News Amazon layoffs, which started November last year, to affect 18,000 employees Amazon’s layoffs are going to be bigger than we had anticipated. Last… Soumyadeep SarkarJanuary 5, 20233 minute read
Business Culture & Policy News With eye on increasing revenue, Twitter to expand political ads on its platform, relax policy for cause-based ads In the latest instance of Elon Musk reversing Twitter’s policies, the social… Soumyadeep SarkarJanuary 4, 20232 minute read
Business News Startups Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened… Soumyadeep SarkarJanuary 3, 20232 minute read
Culture & Policy News Amazon, Uber, Ola among lowest ranked when it comes to working conditions for gig workers: Fairwork 2022 report Companies such as Ola, Uber, and Amazon Flex may be strong companies… Soumyadeep SarkarDecember 28, 20223 minute read
Business News Apple Japan hit with $98Mn back taxation fine Once again, a Big Tech firm has run afoul of local authorities… Soumyadeep SarkarDecember 27, 20222 minute read
Business News Startups Dream public market debut for drone upstart DroneAcharya, stock lists at 90% premium India’s Unmanned Aerial Vehicle (UAV) market is estimated to at $2.1 billion… Soumyadeep SarkarDecember 23, 20222 minute read
Culture & Policy Internet News Elon Musk to step down as Chief Twit, as soon as he finds a replacement After a conspicuous silence that followed his polls on Twitter, Elon Musk… Soumyadeep SarkarDecember 21, 20222 minute read
