Warren Buffet’s Berkshire Hathaway exits Paytm, sells entire stake at a 40% loss
In a significant strategic move, renowned investment firm Berkshire Hathaway, led by legendary investor Warren Buffet, has executed a complete divestment from One97 Communications Ltd,...
Tiger Global backed Dealshare sees co-founder/CEO exits amid continued struggles
Dealshare, the Tiger Global backed online grocery company, is witnessing fresh round of exits, with two members of founding team putting in papers. Several media...
Instagram rolls out ability to download public Reels globally
Earlier this year, Instagram launched the ability to download publicly viewable Reels – at that time, the access was limited to mobile users in the...
Google’s Bard AI capabilities expand with YouTube interaction
In a bid to get one up over OpenAI’s ChatGPT, Google has now brought further changes into its own AI-powered chatbot, Bard. The search giant...
Mamaearth parent Honasa’s revenue grows to ₹496 crore in Q2 FY24, PAT grows too
Honasa, the parent of popular skincare D2C brand MamaEarth has unveiled its first ever financial results post a rather decent public market debut. For the...
Sam Altman is returning as OpenAI CEO after all
Ending nearly a week of drama and ‘techtainment’, formerly ousted OpenAI CEO Sam Altman is shedding the ‘former CEO’ title and returning back to OpenAI...
Binance CEO Changpeng Zhao pleads guilty, steps down as part of $4.3Bn settlement with US DOJ
Changpeng Zhang is stepping down as Binance CEO and has pleaded guilty to the criminal charges brought against him. This development comes as part of...
Satya Nadella hints at Sam Altman’s possible return to OpenAI
The ongoing Sam Altman-OpenAI saga just got a new twist. Soon after it was announced that Altman (alongside now-former OpenAI board member Greg Brockman) will...
OpenAI faces mass resignations amidst leadership crisis
The fallout of Sam Altman’s surprising ouster from OpenAI continues to spread. OpenAI, which positioned itself as a major player in the AI sector under...
Kiwi, which issues virtual credit cards that can be used on UPI, gets $13 Mn in pre-Series A led by Omidyar Network
Kiwi, a burgeoning fintech startup, has successfully raised $13 million in its pre-Series A funding round. Led by Omidyar Network India, the round also witnessed...