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Amazon ventures into quick-commerce with 15-minute delivery promise
The firm will start the project from southern city Bengaluru. It is the latest entrant in India's burgeoning quick-commerce market, which is
Dec 11, 20241 min read


Reliance, Disney merger completes, create India's biggest content firm
The merger between Reliance and Disney is now complete, with the joint venture creating a $8.5 billion entertainment powerhouse in the India
Nov 14, 20242 min read


OpenAI to go for restructuring, become for-profit
OpenAI, originally a not-for-profit firm, is planning to restructure itself into a for-profit corporation, with current CEO Sam Altman poise
Sep 26, 20241 min read


Xiaomi asks CCI to recall Flipkart report on collusive business practices
Chinese electronics firm Xiaomi has asked the CCI to recall its report that alleged the company colluded with Walmart's Flipkart for exclusi
Sep 23, 20241 min read


Oyo acquires Blackstone-owned Motel 6 to increase US footprint
Budget hotel company Oyo has reached a deal to acquire US-based G6 Hospitality, which operates Motel 6, in an all-cash $525 million deal.
Sep 22, 20242 min read


EU to compel Apple to open iOS to rival tech under latest pro-competition law
The European Union on Thursday said it is working on steps to make Apple open its iPhone and iPad operating systems to competing technologi
Sep 20, 20242 min read


Zomato acquires Paytm's ticketing business for $244.1 million
Indian food delivery giant Zomato has acquired the entertainment ticketing business of fintech firm Paytm for $244.1 million, in a bid to di
Aug 22, 20242 min read


Academics shocked at Taylor and Francis selling research access to Microsoft
Academics have expressed at the publishers Taylor and Francis selling access to its authors' research to Microsoft for use in training AI in
Jul 23, 20242 min read


Over 40% Japanese firms don't want AI fearing worker anxiety, reveals survey
The survey was conducted by Nikkei Research for Reuters, and pitched various questions to 506 companies over July 3-12 and roughly 250 compa
Jul 18, 20242 min read


Byju to file appeal against insolvency in Karnataka: Sources
Indian ed-tech company Byju will appeal the insolvency proceeding started against it in an attempt to block the process as the company negot
Jul 17, 20241 min read


Zomato co-founder Deepinder Goyal joins billionaire club
Zomato co-founder and CEO Deepinder Goyal has joined the growing but elite club of billionaires in India on the back of his firm's stock  ju
Jul 15, 20241 min read


Chip giant TSMC breaks into trillion-dollar club
Taiwan's chip giant TSMC transcended the trillion-dollar market value this week, moving ahead of Tesla's, the seventh most valuable technolo
Jul 11, 20241 min read
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