E-commerce, the sector that was one of the first to see rise of startups, unicorns, fundraising and the likes,...
Archive for category: Consumer Tech
Kanye West’s Twitter account suspended twice in two months, this time for “incitement to violence”
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0It seems that Kanye West cannot stay out of controversy, not when it comes to Twitter. Just two months...
KreditBee nabs $80Mn in Series D to diversify product portfolio, strengthen tech
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Fintech startup KreditBee has snagged $80 million in fresh funding. This Series D round included participation of its existing...
In a fourth, Zetwerk buys Unimacts; continuing its 2022 acquisition spree
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Bengaluru-based manufacturing and supply chain unicorn Zetwerk has acquired Lexington, US-based manufacturing services company Unimacts in order to strengthen...
Softbank could offload 5% shares in Policybazaar
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Amid a significant decline in stock value, existing large shareholders of numerous listed new-age Indian technology businesses have been...
Tesla ‘Semi’ trucks finally revealed at Nevada factory, delivered to Pepsi after five years
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Now some attention to Elon Musk’s other — and perhaps more better — ventures. His electric vehicles company Tesla,...
Netflix to expand its “Preview Club” to tens of thousands users worldwide from early 2023
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Ever wanted to sneak a peak into your favourite TV show or movie before it comes to Netflix? Well,...
India’s smartwatch market grows 171% in Q3 2022, Apple’s share grows 48% on annual basis
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The Indian market has grown to be the biggest smartwatch market in the world, as per a recent report...
Bret Taylor steps down as co-CEO and Vice Chair of Salesforce
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Salesforce’s second – and most recent – experiment with dual leadership seem to have come to an end, after...
Telegram discloses details of users and channels involved in copyright infringement in India
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In an incident that wouldn’t serve Telegram well when its come to privacy debates and comparisons to Whatsapp, the...
BharatPe senior management exodus continues, CTO, CPO, others become latest to resign
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Just when it seemed as if the Ashneer Grover-Bharatpe controversy was behind the company, it seems like thee’s still...
Alibaba expected to sell Zomato shares in block deal worth nearly $200Mn
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0With IPO share sale lock in periods ending for India’s listed tech startups, we are now seeing a trend...
RBI to commence first retail pilot for Digital Rupee from December 1
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The Reserve Bank of India (RBI) continues to test and work on its Central Bank Digital Currency (CBDC), more...
CRED to acquire SaaS player CreditVidya in cash-and-stock deal
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Fintch major CRED is set to acquire a stake of 100% in Hyderabad-based SaaS startup CreditVidya for an undisclosed...
Space-tech upstart Agnikul Cosmos builds India’s first ever private launchpad
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0India’s strides in the private space sector continue to come through. After having seen the first-ever private space rocket...
Now crypto firm BlockFi, last valued at $4.8Bn, files for bankruptcy
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The already volatile cryptocurrency market just took another hit. BlockFi, a US cryptocurrency lender, has pulled a FTX and...
Binance announces its proof-of-reserves system
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Binance, the world’s leading cryptocurrency exchange, has followed through with its pledge to develop a proof-of-reserves (PoR) system. In...
Amazon to shut down its food delivery business in India: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0With global economic slowdown forcing even the biggest of tech companies to cut costs, Amazon isn’t isolated. While it...
Twitter to relaunch Verified service next week with multicolour check marks, certain banned accounts to be restored
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Twitter’s verification service has been in a state of confusion ever since Elon Musk bought the platform for $44...
Coinbase bonds slide amid ongoing crypto collapse
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The Coinbase share closed at USD 44.21 which although, meant it rose by almost 2%, it also means that...
Kae Capital closes Fund III at nearly $95 million
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Indian venture capital player Kae Capital became the latest firm to raise India-focussed funds, joining the likes of Sequoia,...
Amazon summoned by India’s Labour Ministry over alleged “forced” terminations of employees
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Amazon India has been summoned by India’s Labour Ministry to appear before the Deputy Chief Labour Commissioner in Bengaluru....
Meta releases transparency report for H1 2022, notes 10.5% rise in global government requests for user data
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Facebook-parent Meta – which was in recent news for drastically reducing its headcount – has released its transparency report...
Alphabet joins mass layoff cycle, 10K underperforming employees to be sacked by early 2023: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0“Mission: Downsize” has been the name of the game for the majority of the year, especially when the tech...
Musk says no more layoffs at Twitter, will actively hire again
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Twitter, which shed two-thirds of its workforce into just three weeks in the Elon Musk era, could see some...
Meta introduces new privacy updates to further protect teen users on Facebook and Instagram
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0While the internet remains an unsafe place for teen and underage users, and is the bane to their digital...
Paytm shares slump 10% to hit all-time low as pre-IPO share sale lockup period ends
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Paytm’s downfall on the Indian stock exchanges does not seem to be arresting, at least any time soon. The...
Fake accounts surge leads to further delay in re-launch of Twitter Blue
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0As Twitter tries to continue to navigate the minefield it has found itself in this month, its new owner...
FTX, which filed for bankruptcy earlier, owes $3.1 billion to 50 of its biggest creditors
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0As per a filing from its Chapter 11 bankruptcy protection proceedings, struggling cryptocurrency exchange FTX is now saddled with...
India to issue guidelines to combat fake reviews on online platforms
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The current e-commerce age has highlighted a great drawback that comes with online shopping – customers have no opportunity...
Tesla recalls over 321,000 vehicles in the US due to faulty tail lights
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Tesla has produced hundreds of thousands of vehicles this year – in the quarter ended September 30, 2022, it...
Zomato confirms 3% workforce being laid off across verticals
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In the latest instance of employees getting the boot from amid challenging economic times and business models gone wrong,...
Skyroot Aerospace successfully launches India’s first private space rocket
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In a feat that could well be the start of a new space age in India’s space-faring history, Skyroot...
Mass resignations at Twitter in response to Musk’s ‘hardcore’ ultimatum, Twitter shutters offices till November 21
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Thus ends yet another dramatic week at Twitter, which continues to be run to the ground and devolve into...
Google to roll out Live View on Maps for some cities, expand “Accessible Places” globally, and bring “fast charge” filter for EV charging
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Thursday proved to be a busy day for Google. The tech giant is bringing some of the features it had...
Alibaba clocks 3% revenue uptick for Sep’22 quarter, falls short of analyst expectations
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Chinese tech companies have had a hard time in recent years, not only due to the crackdown by their...
NASA’s Artemis 1 mission successfully takes to the skies
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0It is said that third time’s the charm, and for NASA, that is exactly what happened on Wednesday. The...
YouTube tests ability to purchase items directly from Shorts
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Platforms like Facebook, Instagram, and YouTube are many things – public forums, social networking sites, creating connections between individuals...
CSR-tech platform Goodera gets $10 million from Zoom Ventures, Flipkart co-founder, others
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The focus on corporate social responsibility (CSR) has increased over the years, as companies aim to improve their brand...
Amazon initiates largest round of layoffs in company history
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0In what is the sequel to an earlier report, Amazon has initiated the process of laying off several employees...
SoftBank to sell 29Mn shares in Paytm parent One97, get $200Mn in return
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0SoftBank is planning to offload 29 million of its shares in One97 Communications in a block deal, which operates...
WhatsApp India head, its first in the country, steps down
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0It is not just Twitter that has seen several (and sudden) vacancies both in its top management and in...
NASA awards $1.15Bn contract to SpaceX for second Artemis crewed demonstration mission
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0SpaceX, having already secured its first contract for NASA’s first crewed demonstration mission under the Artemis program, has now...
Google agrees to pay $391.5Mn in largest Attorney General-led consumer privacy settlement in the US
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0It seems you are not safe even when you turn off location tracking, and your information is still collected...
Amazon to fire as many as 10,000 employees this week across corporate and tech sectors: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Firing employees to manage costs have been the norm of the year, but this month alone has seen three...
Fintech SaaS Lentra nabs $60 million from Citi, others to fuel global expansion
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Indian fintech space has emerged as the next tech powerhouse of sorts for the country, seeing unprecedented growth and...
FTX files for bankruptcy amid surge in customer withdrawals, failed acquisition and liquidity crunch
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The fortunes of crypto exchange FTX have fallen from bad to worse over the week, and even after it...
Delhivery losses for Q2 FY23 drop by 60%, revenues up by 22% QoQ with robust growth in services
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Logistics and supply chain unicorn Delhivery, in the second quarter of the financial year 2022-23 (FY23), witnessed its losses...
As more execs leave Twitter, Musk warns employees that bankruptcy isn’t out of the question
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Who would have thought, that Bankruptcy and Twitter would be the words used in the same sentence, and that...
Crypto industry rocked after Binance pulls out of FTX acquisition, cryptocurrencies sent reeling
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0The crypto industry has already been hit hard this year, and FTX’s recent misfortunes did not help it. Things...
- Reliance rolls out JioCoin, a blockchain-based reward token January 22, 2025
- Microsoft will no longer be OpenAI’s exclusive cloud infrastructure provider January 22, 2025
- Netflix raises subscription prices in select markets, sees record subscriber growth in Q4 2024 January 22, 2025
- Meta allows linking of WhatsApp accounts with Instagram and Facebook via Accounts Center January 22, 2025
- Trump scraps Biden’s AI safety executive order, claiming it restricts AI innovation January 22, 2025