Tech consulting major Accenture to lay off 19000 employees, 2.5% of its global workforce In a sector that was generally being seen a safe bet for most

Job listing platform Indeed is laying off 2200 employees As ironic as it may sound, Indeed, one of the more popular job listing platforms, has

Nazara-owned Sportskeeda acquires stake in Pro Football Network for $1.82 million Absolute Sports, the parent company of sports news and analysis

Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue China’s Tencent Holdings reported a drop in annual revenue for the f

Google rolls out its conversational AI bot ‘Bard’ to limited users The popularity of ChatGPT opened the floodgates for numerous other AI chatbots to

Twitter reportedly working on new govt ID-based verification Verification is a tricky subject for Twitter, more so since Elon Musk bought the social

Amazon confirms laying off another 9000 employees Amazon is reducing its workforce by the thousands, once again. In an internal memo (which has been

Amidst global banking turmoil, UBS to bail out Credit Suisse by acquiring it in historic $3.2Bn deal Banking giant UBS Group AG has agreed to acquire

Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe Fintech major PhonePe has secured an additional $200 million from its parent

Silicon Valley Bank parent SVB Financial files for Chapter 11 bankruptcy protection Days within SVB’s dramatic collapse, the parent firm of Silicon V

YouTube increases TV subscription prices to $72.99/month Streaming service YouTube TV just got more expensive – the company announced that it is r

Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn Digital payments giant Stripe announced on Wednesday, that it has signed agreements to raise a

Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA) Confirming reports from last week, Lenskart has confirmed raising a $500Mn round from

Meta announces additional 10,000 job cuts in second round of layoffs Months after it laid off nearly 11,000 employees, world’s largest social media c

SpaceX to test Starlink’s satellite-to-cellular connectivity with T-Mobile A future where we receive phone calls via space satellites in case of 

Y Combinator cuts jobs by 20%, to cut down on late-stage investments Startup-accelerator Y Combinator is joining the layoff brigade if the latest

OpenAI releases GPT-4, a new multimodal AI available to its paying users via ChatGPT Plus OpenAI, the parent behind the infamous AI chatbot ChatGPT,

HSBC is acquiring Silicon Valley Bank UK, says customers can bank as usual, all deposits safe In what is a last-minute deal of relief for a large chunk

VCs step up to provide financial support to startups in the midst of SVB collapse The world of entrepreneurship is often associated with risk-taking

FDIC, US Treasury take steps to protect SVB depositors, assure that money will be available on Monday The sudden collapse of Silicon Valley Bank (SVB)