December 2023

X faces its biggest outage in the Elon Musk reign

Elon Musk’s owned — FKA Twitter — ‘X’, encountered its most significant user-reported outage since the billionaire’s acquisition, causing widespread disruptions that have since been largely resolved. More than 94,000 users reported issues on X at 1:41 p.m. Hong Kong time on Thursday, as...

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Sony PlayStation 5 hits 50 million sales milestone

Sony’s PlayStation 5 has achieved a milestone, surpassing 50 million units in lifetime sales, according to an announcement from the company. The announcement comes as Sony experienced its best-ever Black Friday period sales for the highly sought-after gaming console. Eric Lempel, Senior...

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Cashfree, Razorpay get payment aggregator nod from RBI

The Reserve Bank of India (RBI) has given its final authorisation to payment processing giants Cashfree and Razorpay to operate as a Payment Aggregator (PA). This green light from the regulatory body marks the end of a year-long pause on onboarding new merchants for the fintech company...

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Softbank’s India operating partner Vikas Agnihotri quits

Vikas Agnihotri, SoftBank’s India operating partner, instrumental in Paytm public market debut as a SoftBank representative, has officially exited the technology-focused investment fund after 3 years. Agnihotri has reportedly left SoftBank in September this year, but the news of his...

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Wearables upstart Noise gets strategic investment from Bose

Bose, the global audio electronics major, is entering the Indian startup market with a strategic investment in the Gurugram-based smart wearables brand, Noise. This investment, part of a larger Series A funding round, marks a departure from Noise’s previous bootstrapped status. The...

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