Social commerce platform Dealshare CEO steps down, will retain board position
Vineet Rao, co-founder and CEO of social commerce platform DealShare, has decided to step down from his role, effective immediately. According to a statement issued...
Foxconn commits $194Mn to set up electronic components plant in India’s Tamil Nadu
In recent months, several overseas companies have pledged investments into the Indian market, particularly in the semiconductor sector. Today’s announcement follows suit, as a unit...
Walmart pays $1.4Bn to buy Tiger Global’s Flipkart stake, valuing Flipkart at staggering $35Bn
Earlier this year, investment firm Tiger Global was contemplating divesting its stake in Flipkart, India’s e-commerce giant. Now, the firm has successfully exited the company...
Sequoia Capital slashes size of its crypto, ecosystem funds
The crypto industry just suffered another massive jolt – this time, VC firm Sequoia Capital just slashed the size of two of its funds. According...
AMD to invest $400Mn in India, set up its largest design center in Bengaluru
India’s ambitions to carve a greater piece of the semiconductor got another major boost – US chipmaker AMD will be investing around $400 million over...
NASA announces ‘NASA+’, an ad-free, no-cost streaming service focused on rockets & science
So far, the streaming service landscape has been dominated by the likes of Netflix, Amazon Prime, Disney+, and others. Each of the biggest players in...
Google rolls out unknown tracker alerts on Android, but delays rollout of Find My Device network
Google is taking a significant step towards enhancing user safety and security with the introduction of its new safety feature, “Unknown Tracker Alerts.” The feature,...
WhatsApp now comes with support for short video messages directly in chats
Whenever you needed to send messages to your friends on WhatsApp, all you were able to do was to either type and send it, or...
Telecom startup Wiom scoops up $17Mn to expand in more cities, invest in talent and delivery architecture
Wiom, a New Delhi-based telecom startup, has scooped up a total of $17 million (which amounts to around ₹140 crores) in a Series A funding...
Microsoft’s revenue for Q4 FY23 shows modest rise amid AI costs, stock takes a hit
Microsoft’s recent push into the AI sector had done wonders for its stocks, but some of the momentum has now been arrested with a slowdown...