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Twitch announced plans to reduce its workforce on Monday, demonstrating that even the seemingly booming streaming site isn’t immune to the reductions that have swept the tech industry in the …
Twitch says it will lay off 400 employees Read More
When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would …
AWS takes a hit in latest round of Amazon layoffs Read More
Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank’s assets and loans. Earlier this month, after Silicon …
Flagstar Bank to buy some Signature Bank assets, but not crypto operations Read More
For many tech companies, investors are applying a new valuation method that has caught our eye: AI proficiency. The current wave of AI hype has two main flavors that I’m …
For tech titans, AI prominence is the new measuring stick Read More
Alakh Pandey-led edtech unicorn Physics Wallah has reportedly acquired UAE-based startup Knowledge Planet for an undisclosed sum as it aims to expand its presence across the GCC region in the …
Physics Wallah makes its first international purchase, acquires UAE-based Knowledge Planet Read More
Panjim-based electric two-wheeler maker Kabira Mobility has raised $50 million in funding from Qatar-based conglomerate Al-Abdulla Group. Al-Abdulla Group operates in about 55 verticals across the Middle East, Latin America and …
EV maker Kabira Mobility raises $50M led by Qatar-based AI-Abdulla Group Read More
The Directorate of Enforcement (ED) today said it has filed a prosecution complaint against 7 companies and 5 individuals involved in the Chinese Loan App case before the Special PMLA …
Ed files chargesheet against fintech giant Razorpay, NBFCs, others Read More