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MobiKwik makes fresh IPO bid at over 60% less target than 2021
MobiKwik is all set to make its second attempt to go public by raising Rs 700 crore through the public, having deferred a similar bid in...
Jan 7, 20243 min read


Apple's star on wane with weak iPhone 15 sales, dim view of next one
Struck by a resurgent competitor in China's Huawei and a tepid response to its iPhone 15, Apple's star has been on the wane, with the...
Jan 6, 20242 min read


Tesla to recall 16 lakh cars from China over software issue
Tesla is set to recall around 16 lakh cars from China due to software issue with the door-locking systems. The move comes shortly after...
Jan 6, 20242 min read


Starbucks accused of amassing $900 mn in 5 years by 'rigging' payment system
A consumer action group has moved court against Starbucks, accusing the global coffee chain of indulging in deceptive design practices,...
Jan 5, 20243 min read


Fidelity shares in X lost 72% value since takeover
Mutual fund giant Fidelity has significantly marked down value of its X’s shares, reducing it by 71.5 per cent since Elon Musk bought...
Jan 4, 20242 min read


Video game industry sacked 9,000 employees in 2023
Around 9,000 workers were laid off in the gaming Industry in 2023, with a major chunk of them sacked by Epic Games, whose blockbuster...
Jan 2, 20242 min read


Intel to build $25 bn chip fab in Israel with $3.25 bn grant
The Israeli government has struck an agreement to provide Intel Corp with a $3.2 billion grant for the construction of its new $25...
Dec 28, 20233 min read


Amazon to show ads on Prime streaming platform
Amazon Prime will start showing limited ads on movies and TV shows streamed on the platform from January 29, the company wrote in an...
Dec 28, 20232 min read


Chinese carmaker overtakes Tesla with most EVs sold
A little-known Chinese car company is on track to surpass Tesla Inc as the leading global player in fully electric vehicle (EV) sales....
Dec 28, 20232 min read


Apple in talks with news outlets to train AI model
Apple has been in discussions with prominent news and publishing groups in the past few weeks seeking to use their content for the...
Dec 27, 20232 min read


Paytm fires over 1,000 workers in AI push
Paytm laid off more than 1,000 employees across various departments on Monday, marking one of the largest job cuts by an Indian Fintech...
Dec 25, 20233 min read


US ban forces Apple to pull out watches from online shelves
Image Courtesy: Unsplash Apple Inc. has stopped selling two of its latest Apple Watch models in the United States online, a few days...
Dec 23, 20234 min read
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