Economic Times
Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the m
This past week's global software outage, immediately proclaimed as the biggest in history, was not caused by terrorists or AI or rogue hackers demandi
Airport and airline operations faced significant disruptions due to the outage, with airlines issuing advisories to passengers. IndiGo, SpiceJet and A
Microsoft deployed hundreds of engineers to restore services after an outage caused by CrowdStrike's update impacted 8.5 million devices globally. The
Tekion Corp raised $200 million from Dragoneer at a $4 billion valuation. The firm has raised $640 million till date from the likes of General Motors,
ADIF and PHDCCI signed a two-year MoU at PHD house, New Delhi, to foster startups. Prateek Jain highlighted digital entrepreneurship and independent t
GoMechanic, acquired by Servizzy in March 2023, achieved profitability by June 2024. Led by Himanshu Arora and Muskan Kakkar, it reported Rs 210 crore
UK's CMA is investigating Microsoft's $650 million deal and hiring of Inflection AI staff, founded in 2022 by Mustafa Suleyman, involving investors Er
The FTC is investigating Amazon’s hiring of Adept's David Luan amid AI competition with Google and Microsoft, following a January inquiry. Amazon in
Ahmedabad University announces the establishment of the Bagchi School of Public Health, funded by philanthropists Susmita and Subroto Bagchi with a Rs
Ola Electric's initial public offering (IPO) may hit the market at 30% below its last valuation. This and more on today’s ETtech Top 5.
Ride-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and Antler, whi
Paytm SEBI warning: One 97 Communications, Paytm's parent, received a SEBI warning for unapproved FY 2021-22 related party transactions with Paytm Pay
Sequoia is reportedly offering to buy Stripe shares at $27.51. The venture capital firm offered that price to limited partners in funds raised between
Micron global chief business officer Sumit Sadana told ET in an interview that the semiconductor company hopes to kickstart its India unit by 2025. He
Happy Tuesday! India's global capability centres are evolving into front offices for multinational corporations. This and more in today’s ETtech Mor
Top Indian banks like SBI, HDFC, and Axis adopt GenAI for better services. BFSI forecasts $13.2B IT spending in 2024. Setu, AdvaRisk, Velocity, and Gn
The European Union accuses Elon Musk's platform X of breaching online content regulations, including misuse of the blue checkmark and lack of transpar
LinkedIn joins India's $5.5 billion short-form video market, seeing a 60% rise in video uploads. It focuses on professional growth and skilling, engag
Funding for AI startups in India sees a massive drop, causing shockwaves in the tech world. Despite global AI funding surge, Indian startups struggle
