January 2024

Adding to a growing, not-so-favourable list of high-profile Indian unicorns getting their valuations slashed, Meesho is now seeing global investment firm Fidelity yet again mark down its valuation. Fidelity has reassessed the social commerce platform’s valuation to $3.5 billion. This...

Elon Musk’s social media platform, X, formerly known as Twitter, has implemented search blockades for users attempting to find content related to Taylor Swift. This comes in response to the struggles X is facing, in containing a widespread circulation of sexually explicit deepfake images...

Byju’s, the prominent Bengaluru-based edtech giant, is reportedly open to accepting a valuation as low as $220 Million post-money, as it endeavours to raise $100 million to $200 million through a rights issue on Monday. The fact that the India’s startup ecosystem poster child is accepting...

A security breach on a key Government portal of the Indian state of Rajasthan,  exposed the sensitive documents and personal information of millions of residents, raising serious concerns about data protection at a state level in India. The vulnerability, discovered by security researcher...

Tesla’s stock faced a significant downturn, plummeting over 8% after CEO Elon Musk cautioned that sales growth would decelerate this year. This decline follows price cuts that have already impacted margins and raised concerns among investors in the world’s most valuable automaker...

Hewlett Packard Enterprise Co. (HPE) has fallen victim to a cyberattack, taken up by Russian group Midnight Blizzard, the same group that recently took on Microsoft and breached its executive email systems. HPE pointed fingers at the threat actor Midnight Blizzard, also known as Cozy...

In a remarkable turn of events, Microsoft experienced a historic moment as it briefly achieved a market valuation of $3 trillion on Wednesday. The surge in Microsoft’s stock price saw an ascent of 1.7% to $405.63 per share during trading hours. This propelled its market capitalization...

It seems that Apple is on the cusp of unveiling policy changes in response to the Digital Markets Act (DMA) in Europe. The DMA, enacted by the European Union in 2022, serves as a regulatory framework aimed at curbing anticompetitive practices, particularly focusing on Apple’s dominant...

Amid continuous struggles for growth, eBay Inc has revealed plans to realign organisational structure and cut approximately 9% of its current workforce, translating to around 1,000 job roles. The decision, communicated by CEO Jamie Iannone in an internal note to employees, is “driven by...

The smartphone frenzy continues, with OnePlus now taking the spotlight by unveiling its latest flagship, the OnePlus 12. In a market inundated with new releases such as the Samsung Galaxy S24 which made waves last week, and anticipation building for the Mobile World Congress at the end of...