Acquisitions Business Culture & Policy Global News Amidst global banking turmoil, UBS to bail out Credit Suisse by acquiring it in historic $3.2Bn deal Banking giant UBS Group AG has agreed to acquire Credit Suisse Group… Soumyadeep SarkarMarch 20, 20233 minute read
Culture & Policy News Startups Venture Capital VCs step up to provide financial support to startups in the midst of SVB collapse The world of entrepreneurship is often associated with risk-taking and uncertainty, but… Soumyadeep SarkarMarch 13, 20233 minute read
Culture & Policy Global News 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… Soumyadeep SarkarMarch 13, 20233 minute read
Culture & Policy Internet News 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… Soumyadeep SarkarMarch 9, 20233 minute read
Business Culture & Policy News Alphabet’s moonshots impacted in fresh layoffs, 137 employees laid off in Waymo Instances of layoffs have been increasingly frequent over the past months, as… Soumyadeep SarkarMarch 2, 20232 minute read
Culture & Policy Global Internet News 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… Soumyadeep SarkarFebruary 27, 20233 minute read
Culture & Policy News Twitter lays off 10% of remaining workforce in fresh layoffs Elon Musk may have promised that there would be no further layoffs… Soumyadeep SarkarFebruary 27, 20232 minute read
Culture & Policy Global News 4 years out, SEC says Elon Musk still needs lawyer approval to tweet Tesla-related information It has been years since Elon Musk agreed to post information related… Soumyadeep SarkarFebruary 24, 20232 minute read
Apps Culture & Policy Internet News Google will now finally allow third-party billing on Play Store in India After failing to avoid the recent antitrust directives imposed upon it by… Soumyadeep SarkarFebruary 23, 20232 minute read
Culture & Policy Internet News 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… Soumyadeep SarkarFebruary 20, 20232 minute read
Business Culture & Policy Internet News Youtube CEO Susan Wojcicki steps down after 9 years, Neal Mohan to take over After helming world’s largest video streaming platform for over nine years, Susan… Global Staff @ The Tech PortalFebruary 16, 20232 minute read
Culture & Policy Global Internet News 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… Soumyadeep SarkarFebruary 16, 20233 minute read
Business Culture & Policy News Tencent says reports of shutting down XR business untrue, says it is making personnel adjustments Following a media report that it was eliminating roles across its “extended… Soumyadeep SarkarFebruary 16, 20232 minute read
Culture & Policy Global News Nearly 250 Google employees stage protest in Zurich over layoffs: Report The better part of the previous year (and this year so far)… Soumyadeep SarkarFebruary 15, 20232 minute read
Business Culture & Policy News Yahoo to layoff nearly 20% of its workforce as part of adtech unit restructuring As advertisers continue to pull back on spending and pare back their… Soumyadeep SarkarFebruary 10, 20232 minute read
Culture & Policy Global News Mass layoffs at Disney as COVID streaming boom subsides With the streaming boom coming to an end and a sizeable quarterly… Soumyadeep SarkarFebruary 9, 20233 minute read
Business Culture & Policy News Dell will lay off over 6500 employees amid sharp drop in PC sales As the demand and sales of PCs continue to drop in the… Soumyadeep SarkarFebruary 7, 20232 minute read
Apps China Culture & Policy News India to ban over 230 betting and loan apps, with several of them being China-origin With an overwhelming rise in notorious betting and online “quick loan” apps… Soumyadeep SarkarFebruary 6, 20232 minute read
Business Culture & Policy News Indian government to take up equity in Vodafone Idea against nearly $2B worth of dues In a relief to Vodafone Idea, the telecom operator that has fallen… Soumyadeep SarkarFebruary 4, 20232 minute read
Culture & Policy News Startups Byju’s fires more staff in fresh round of layoffs: Report The funding winter, which has been specially severe for India’s high profile… Soumyadeep SarkarFebruary 2, 20232 minute read
Business Culture & Policy Google News Google to comply with Competition Commission of India (CCI) directives, bring changes to Android and Play Store billing After a protracted legal battle it could not win, Google has finally… Soumyadeep SarkarJanuary 26, 20233 minute read
