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Top 5 richest men doubled their fortune since 2020: Oxfam
The world's wealthiest five men have more than doubled their fortune since 2020, said Oxfam in its annual report on Monday. Oxfam is a...
Jan 15, 20242 min read


Artifact news app started by Instagram co-founders shuts down after a year
Artifact news app created by Instagram co-founders Kevin Systrom and Mike Krieger, is closing down only a year after it started. In a...
Jan 13, 20242 min read


BlackRock slashes Byju's stake valuation by 95%
Byju's CEO Byju Raveendran Investment firm BlackRock has slashed its stake's valuation in Indian Ed-tech Byju’s by 95 per cent to $1...
Jan 13, 20242 min read


Discord fires 170 workers citing over-hiring during COVID pandemic
Social media firm Discord is laying off 170 employees, 17 per cent of its total workforce, it was revealed on Friday. Discord CEO Jason...
Jan 12, 20242 min read


Twitch fires 500 workers, Amazon hundreds more in major sprucing up
Amazon-owned Twitch is firing more than 500 of its workers amid concerns over rising costs it is facing in running the business, the...
Jan 10, 20242 min read


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
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