Marking the second exit in its senior management within the course of a week, Dale Vaz has resigned from...
Archive for category: Consumer Tech
Oyo slashes IPO size by half, files a revised ‘pre-filing’ document with SEBI: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Oravel Stays, the parent firm of Softbank-backed hospitality decacorn Oyo, has pre-filed yet another draft red herring prospectus (DRHP)...
Tesla clocks rise in deliveries in Q1 2023, produces over 440,000 vehicles
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Tesla posted impressive numbers on Sunday as it reported growth in vehicle deliveries for the first quarter of the...
Unacademy slashes workforce by 12% in fresh layoffs
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Online learning platform, which has been struggling off late on the business side of things, is reflecting that even...
NPCI says no charge on normal UPI transactions, 1.1% charge on PPI merchant transactions
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Come April 1, the National Payments Corporation of India (NPCI) will charge an interchange fee of up to 1.1%...
Apple to hold annual WWDC from June 5-9, likely to reveal mixed reality headset
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Apple has announced that it will hold its annual Worldwide Developers Conference (WWDC) from June 5-9, 2023. The conference,...
GitHub lays off engineering team in India
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Adding further to the already dreadful layoff situation in the global tech sector, popular developer platform GitHub, has laid...
Apple launches of ‘Apple Pay Later’ for select users in the US
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Interested users will have to enter the amount they would like to borrow. Once the Wallet ensures that the...
Twitter will only show verified accounts on its ‘For You’ algorithmic timeline, says Musk
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Yet another day, yet another strange-sounding stuff coming in from Twitter’s new owner — Elon Musk. In a tweet,...
Parts of Twitter’s source code leaked, says a new court filing
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0There is further drama unfolding at Twitter, adding to a chain of dramatic events following its acquisition, lay-offs, public...
Tech consulting major Accenture to lay off 19000 employees, 2.5% of its global workforce
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In a sector that was generally being seen a safe bet for most employees even amid these torrid layoff...
Job listing platform Indeed is laying off 2200 employees
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0As ironic as it may sound, Indeed, one of the more popular job listing platforms, has announced lay-offs. In...
Nazara-owned Sportskeeda acquires stake in Pro Football Network for $1.82 million
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Absolute Sports, the parent company of sports news and analysis website Sportskeeda, has made its first acquisition in the...
Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0China’s Tencent Holdings reported a drop in annual revenue for the first time ever. Coming with the backdrop of...
Google rolls out its conversational AI bot ‘Bard’ to limited users
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Sissie Hsiao, Google’s VP of Product, and Eli Collins, VP of Research, noted in the blog post that opening...
Twitter reportedly working on new govt ID-based verification
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Verification is a tricky subject for Twitter, more so since Elon Musk bought the social media company and promptly...
Amazon confirms laying off another 9000 employees
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Amazon is reducing its workforce by the thousands, once again. In an internal memo (which has been made public...
Amidst global banking turmoil, UBS to bail out Credit Suisse by acquiring it in historic $3.2Bn deal
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Banking giant UBS Group AG has agreed to acquire Credit Suisse Group AG – which is navigating tricky waters...
Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Fintech major PhonePe has secured an additional $200 million from its parent company Walmart. Coming as part of the...
Silicon Valley Bank parent SVB Financial files for Chapter 11 bankruptcy protection
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Days within SVB’s dramatic collapse, the parent firm of Silicon Valley Bank (SVB) has now walked down the same...
YouTube increases TV subscription prices to $72.99/month
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Streaming service YouTube TV just got more expensive – the company announced that it is raising the price of...
Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Digital payments giant Stripe announced on Wednesday, that it has signed agreements to raise a staggering $6.5Bn in its...
Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA)
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Confirming reports from last week, Lenskart has confirmed raising a $500Mn round from the Abu Dhabi Investment Authority. The...
Meta announces additional 10,000 job cuts in second round of layoffs
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Months after it laid off nearly 11,000 employees, world’s largest social media company Meta, has announced its plans to...
SpaceX to test Starlink’s satellite-to-cellular connectivity with T-Mobile
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0A future where we receive phone calls via space satellites in case of cellular dead zones may be sooner...
Y Combinator cuts jobs by 20%, to cut down on late-stage investments
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Startup-accelerator Y Combinator is joining the layoff brigade if the latest development is any indicator. On the heels of...
OpenAI releases GPT-4, a new multimodal AI available to its paying users via ChatGPT Plus
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0By the looks of it (we haven’t tested it ourselves) and some initial test results, GPT-4 does look like...
HSBC is acquiring Silicon Valley Bank UK, says customers can bank as usual, all deposits safe
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In what is a last-minute deal of relief for a large chunk of SVB customers based in the UK,...
VCs step up to provide financial support to startups in the midst of SVB collapse
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The world of entrepreneurship is often associated with risk-taking and uncertainty, but the sudden collapse of Silicon Valley Bank...
FDIC, US Treasury take steps to protect SVB depositors, assure that money will be available on Monday
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The sudden collapse of Silicon Valley Bank (SVB) last week ensured that billions of dollars were left stranded. Now,...
Silicon Valley Bank shut down by regulators for today
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In what serves as the epilogue to its recent journey, Silicon Valley Bank (SVB), one of the leading financial...
Meta is ‘pausing’ Reels bonuses for creators in the US
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Social media company Meta is pausing its Reels Play bonus program in the US, according to media reports. The...
Lenskart nears $500Mn investment from Abu Dhabi’s sovereign wealth fund, ADIA
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0India’s Lenskart, which is eyeing to become one of the largest eyewear makers globally, could get a major boost...
India adds cryptocurrencies and virtual assets within existing money laundering provisions
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The Indian government has taken a significant step to tighten regulations around cryptocurrencies and virtual assets by bringing them...
Google set to hold its annual I/O conference on May 10 with a limited live audience
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Google has announced that it will hold its annual I/O Conference on 10th of May this year. The conference,...
Meta employees brace for more layoffs
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Meta, the parent company of popular social media platforms Facebook, Instagram, and WhatsApp, is reportedly planning another round of...
Apple’s next-gen 24-Inch iMac with M3 chip likely to hit shelves in second half of 2023
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Apple is reportedly preparing to release a new version of its 24-inch iMac, with the M3 chip and the...
Softbank looks to list British chipmaker Arm in the US to raise $8Bn: Reuters
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0With the economic climate heading towards recession in most parts of the world, the global IPO market has seen...
Reserve Bank of India fines Amazon Pay
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Indian business of Amazon Pay – the UPI-based digital payment system run by Amazon in India – has been...
Technology news site CNET joins layoff brigade, axes 10% of its editorial staff
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Leading technology media website CNET has become the latest name in a long list to axe multiple employees, according...
Alphabet’s moonshots impacted in fresh layoffs, 137 employees laid off in Waymo
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Instances of layoffs have been increasingly frequent over the past months, as big tech and startups alike, have struggled...
NASA’s SpaceX Crew-6 mission launch successful, en route to the International Space Station
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0SpaceX has successfully launched a four-man crew to orbit on a trip to the International Space Station (ISS). The...
All You Need to Know About the Benefits of Neosurf for Casino Gaming
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Neosurf is a reputable online payment method supported by over 20,000 websites worldwide. Neosurf started in 2004, and since...
Nexus Ventures Partners closes its 7th and largest-ever fund at $700 million
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0At a time when start-ups across the globe are struggling to make it through a harsh ‘funding winter’, encouraging...
Microsoft’s AI-powered Bing is coming to the Windows 11 taskbar
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Windows 11 has just got a huge update. Earlier, reports came in that Microsoft is working on an AI-powered...
SoftBank reportedly sells ₹600 crores worth of Delhivery shares, offloads 3.8% stake
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0SoftBank has been, in recent times, looking to wind down its investments in India. Recently, it offloaded large quantities...
Meta forms a new AI product team
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Swift popularity of ChatGPT has opened the floodgates for multiple tech companies to catch up on the immense potential...
Google announces improved noise cancellation for Google Meet, new widget for Google Keep and more at MWC 2023
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The Mobile World Congress (MWC) has, for a long time, been an arena where companies like Google announce the...
Meta backs ‘Take It Down’, a new service that helps prevent spread of minors’ intimate images online
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Facebook & Instagram parent Meta is pushing further against the circulation of intimate images of minors on the internet....
Twitter lays off 10% of remaining workforce in fresh layoffs
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Elon Musk may have promised that there would be no further layoffs at Twitter, but from the looks of...
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