Economic Times
In March, the US House of Representatives overwhelmingly voted to pass a bill giving ByteDance, the Chinese company that owns TikTok, about six months
Speaking five days after Sam Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Technology Of
Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year befor
Wealthtech platforms Dezerv and Stable Money are set to close $30 million and $17 million in equity funding, respectively. While Dezerv is looking to
PhonePe and Paytm are testing audio ads on sound boxes at retail stores with FMCG brands. The ads, targeting impulse-buying, lack measurement tools fo
Perfios, led by Sridhar Narayan, prepares for a domestic IPO by 2025. The fintech startup focuses on international growth, revenue diversification, an
Wealthtech startups secure investments; Dezerv, Stable Money, and Fisdom funding rounds ongoing. Scripbox, Angel One also seek funding. Stable Money e
Arch0 raises $1.25M led by Leo Capital with diverse investor participation. Focused on US market, AI development for cloud security. Intends to addres
HCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration in FY25 dr
Yahoo acquires Artifact, co-founded by Instagram's Systrom and Krieger. Integrating AI-powered recommendation engine. Yahoo owns TechCrunch, Engadget,
White House seeks $6 billion to extend internet subsidy program for 23 million households through 2024. FCC's Rosenworcel stresses urgent need for con
AWS expands free credits program for startups, covering major AI models to boost Bedrock's market share. The move aims to attract startup customers an
The Food Safety and Standards Authority of India (FSSAI) has instructed all e-commerce companies to refrain from labeling dairy-based, cereal-based, o
IT sector consultants said that the conversation for FY25 is still heavily focused on more dilution of the bench, increasing automation, improving eff
The Fresh Press secures funding from GCCF, planning to expand to 150 stores with a focus on health-conscious products. It aims for Rs 15 crore revenue
Troubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.
MyGate appoints Abhishek Kumar as CEO, Vijay Arisetty as chairman. Shreyans Daga's role expands, and Rohit Jindal becomes chief business officer. Sanj
BMW Group and Tata Technologies form a JV to create an automotive software and IT hub in Pune, Bengaluru, and Chennai. The focus will be on software-d
PeepalCo's Lemonn simplifies stock discovery, offering zero brokerage for 3 months. Plans include mutual funds, IPOs. App targets India's stock market
Governance, risk and compliance (GRC) platform Scrut Automation said it will use the funds to strengthen its platform capabilities, incorporate genera
