Chamath Palihapitiya’s VC firm tried to sell stake worth $312 mn in startups: Report

San Francisco, Aug 29 (IANS) Leading venture capitalist Chamath Palihapitiya’s investment firm Social Capital tried to sell its stake worth $312 million in hundreds of startups,...

US takes 1st action against firm for selling unregistered NFTs with $6 mn fine

Washington, Aug 29 (IANS) The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los Angeles, with conducting...

It’s past the time to disagree and commit: Amazon CEO tells remote employees

San Francisco, Aug 29 (IANS) As several Amazon workers have reportedly chosen to quit rather than relocate to various main work hubs, the company’s CEO Andy...

OpenAI launches ChatGPT Enterprise plan for businesses

San Francisco, Aug 29 (IANS) Microsoft-owned OpenAI has launched a business-focused edition of the company’s AI-powered chatbot app, ChatGPT Enterprise, which will offer enterprise-grade security and...

Homegrown crypto exchange CoinSwitch lays off 44 workers

New Delhi, Aug 29 (IANS) Homegrown crypto investing platform CoinSwitch has laid off 44 employees as part of a restructuring exercise. According to Moneycontrol, citing sources,...

Apple may become world’s largest smartphone brand by early 2024

New Delhi, Aug 28 (IANS) Apple could see a rebound in its stock price ahead of new product announcements in September and could become the world’s...

McDonald’s North and East partners with GreenCell Mobility to offer meals on NueGo electric bus routes

New Delhi, Aug 29 (IANS) McDonald’s North and East has consistently demonstrated a commitment to advancing sustainable practices within the green economy. From implementing renewable energy solutions...

IndiGo flight safely lands at Mumbai airport after engine shutdown

New Delhi, Aug 29 (IANS) An IndiGo flight from Madurai landed safely at the Mumbai airport on Tuesday despite one of the aircraft’s engines shutting down....

Bankrupt Darshan Bathija-led Vauld to hire new CEO, Board to bailout creditors

New Delhi, Aug 27 (IANS) Darshan Bathija-founded Vauld, a Singapore-based crypto exchange that has been in ongoing bankruptcy proceedings since last year, has received permission from...

HackerRank lays off 53 employees amid economic uncertainty

New Delhi, Aug 27 (IANS) HackerRank, a leading technology hiring platform, has laid off 53 employees globally amid the ongoing economic uncertainty. Vivek Ravisankar, Co-founder and...

Cyber-security firm Fortinet lays off employees in sales, business development

Not just tomatoes: Wider range of food items drive 7%-plus inflation

New Delhi, Aug 27 (IANS) Staples like cereals and pulses are unlikely to offer relief in the near term amid hardening international prices and subdued sowing...

RBI, Centre have reined in inflation; weather plays spoilsport: Experts

Sony acquires gaming headphone maker Audeze

San Francisco, Aug 25 (IANS) Sony Interactive Entertainment (SIE) has announced that it has entered into an agreement to acquire Audeze, a leading audio technology brand...

Users spent $5.5 bn on adult entertainment site OnlyFans in FY22

London, Aug 25 (IANS) UK-based adult entertainment site OnlyFans has reported that users spent $5.55 billion in total in the fiscal year ended November 30, 2022,...