December 2023

In a surprise move, Udaan, the business-to-business (B2B) e-commerce unicorn, decided to make significant cuts in human capital by laying off 100 to 120 employees which constitutes nearly 10% of its total staff. The move comes following the firm’s recent funding success in which it...

In a move that signals a departure from Apple’s traditional use of the LCD, the company is poised to integrate advanced OLED screens into its high-end iPads and MacBooks. According to a report in the Nikkei Asia, this transition is slated for implementation as early as next year, marking...

Apple has agreed to a $25 million settlement in a class-action lawsuit concerning its Family Sharing feature. The lawsuit, initiated four years ago, accused the Cupertino tech giant of misleading customers by misrepresenting the capabilities of the Family Sharing feature, particularly in...

Ola CEO Bhavish Aggarwal today unveiled “Krutrim,” India’s own Artificial Intelligence (AI) model. In a launch event held today in collaboration with Krutrim Si Designs, an AI company which he has co-founded, Aggarwal showcased the capabilities of Krutrim, emphasising its unique features...

Hero MotoCorp is making moves in the electric two-wheeler game, announcing on Thursday its plan to acquire more shares in Ather Energy with an investment of up to ₹140 crore. This move is set to increase Hero MotoCorp’s stake in Ather Energy from the current 36.6% to a solid 39.7%. Along...

Mozilla has unveiled a substantial upgrade for mobile users by introducing over 450 new extensions, also known as browser add-ons, accessible on Mozilla’s Firefox Browser Add-ons page. This move aims to address a long-standing concern for Firefox for Android users and positions the...

Udaan, the B2B e-commerce unicorn, has closed a Series E funding round, raising an impressive $340 million, ahead of a potential IPO, that seems to have been delayed further. The funding was led by M&G’s investment arm, and included the participation from existing investors Lightspeed...

Instagram just dropped a game-changer for users located in the U.S – a generative AI-powered background editing tool. Ahmad Al-Dahle, the man behind the team of generative AI at Meta, spilled the beans on the new feature on Threads.  According to his announcement, the tool will allow...

Bengaluru-based Exponent Energy, a pioneering energy tech startup specialising in 15-minute fast charging for electric vehicles (EVs), has successfully raised $26.4 million in its Series B funding round led by Eight Roads Ventures, a Fidelity-backed venture capital firm. The funding round...

In a new development, Mark Zuckerberg recently announced a pivotal test for Threads, Meta’s latest venture into the social media sphere. The experiment sets out to integrate Threads with services that use ActivityPub, an open-source protocol that serves as the backbone for decentralized...

Last week, Google unveiled its latest, big but controversial stride in artificial intelligence with the introduction of Gemini, putatively the largest and most capable AI model to date. Designed to make AI more accessible and useful for a global audience, Gemini comes in three variants:...

Elon Musk’s Tesla Inc. has initiated a recall of over 2 million vehicles owing to discovering defects in Autopilot Safety. The call from the electric car maker came after an examination by the top US auto-safety regulator pointed out that the car’s Autopilot-driver assistance system lacks...