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Meta Q2’22 revenue drops by 1% to $28.82Bn, EPS dives down 32%, Facebook MAUs and DAUs up

Already under pressure from investors, its users and regulators alike, Facebook parent…
Meta may separate Reels as standalone app.

Instagram’s Mosseri addresses concerns around platform’s increasingly reel-focused algorithmic fed

The year is 2014. You’re still sometimes in awe of the impressive…
Quick-commerce firms accused of predatory pricing

Zomato scrip drops by 14%, market cap below last private equity valuation as IPO lock-in period ends

Just as journalists, interns, 9-to5ers and day traders were all about to…
amazon logo

Amazon to acquire healthcare company One Medical for $3.9Bn

Amazon is not a name one is likely to expect in the…
Tesla sales fall again, challenges persist

Tesla Q2’22 revenue up by 42%, with first sequential decline in quarterly profits in over a year

Factors such as an extended shutdown at its Shanghai assembly plant, an…
Netflix Booth at an event

Netflix clocks largest quarterly loss in Q2 2022 by losing 970K subscribers, growth in Asia Pacific

Netflix’s horrid run this year persists as its subscribers continues to drop…

Samsung announces upcoming ‘Unpacked’ event, here’s what to expect

Annual events by companies such as Samsung, Google, and Apple are always…
India bans all online money games

RBI wants to ban cryptocurrencies, need for global collab on regulation, says India’s finance minister

The Reserve Bank of India has expressed it’s desire to ban cryptocurrencies…

Credit line fintech OneCard becomes India’s latest unicorn post $100 Mn series D round

Pune-based fintech OneCard has become the lastest to grace the lineup of…
Twitter

Twitter takes Musk to court for pulling out of the deal, wants acquisition to go through as committed

Ever since it came out that Elon Musk was pulling out of…

NASA shares first image from James Webb, the “deepest and sharpest infrared view of the universe” till date

It is said that the sky is the limit, but for NASA…
Travis Kalanick

Leaked “Uber Files” shed light on unethical practices, intense lobbying and exploitation of violence against drivers

It seems that ride-sharing giant Uber, which is worth billions today, has…
Twitter

Twitter moves judiciary against Indian government over content takedown orders

Twitter, in a lawsuit filed on Tuesday, has accused the Indian government…
Tesla expands showrooms, this time in Delhi

Tesla logs 18% drop in deliveries as supply chain constraints continue

Tesla continues to make gloomy headlines. The EV manufacturers has reported production…
Raveendran alleges misconduct as Byju’s struggles.

Mass layoffs at $22Bn-valued Byju’s, pushes back payments for $1 Bn Aakash acquisition: Report

Byju Raveendran’s Byju’s, India’s highest valued startup and torchbearer of the Indian…
TikTok returns to U.S. app stores after ban

TikTok’s run in the US over? FCC Commissioner writes to Google and Apple to remove it from their app stores

TikTok may have taken the social media sphere by storm when it…
Quick-commerce firms accused of predatory pricing

Days within Blinkit acquisition, Zomato sheds off $1Bn in market cap as shares plummet

Zomato, one of India’s earliest tech unicorns, hasn’t had the best of…

Accel announces a mega $4Bn late stage fund

That this announcement — that too from a name of Accel’s stature — comes at a time when it was much needed, will be an understatement.
Twitter

Twitter’s board unanimously recommends $44Bn Elon Musk buyout to shareholders

The saga of the multi-billion-dollar acquisition of popular micro-blogging site Twitter finally…

Carl Pei’s ‘Nothing’ gets $200Mn backing, teases debut smartphone launch

Carl Pei’s Nothing has bagged a $200Mn backed by Alphabet’s venture arm EQT Ventures and Apple’s Tony Fadell for its debut smartphone launch.