Economic Times
Prosus writes off 9.6% stake in Byju's worth $493 million due to value decrease as per HSBC note. Also marks investment in Primrose Hill (ZestMoney) t
Prosus, the largest shareholder in Swiggy, reported a 24% revenue growth for the year ended March 31, 2024, with Swiggy's gross order value increasing
Europe is lagging behind both the United States and China when it comes to technology and innovation, top executive with US firm Meta Nick Clegg has t
Apple, Microsoft, and Google are leading the way in the development of artificially intelligent smartphones and computers, requiring more user data fo
China's ByteDance collaborates with U.S. chip designer Broadcom to develop a 5nm AI processor, ensuring a stable supply of high-end chips for TikTok a
The recent funding raised by Zepto may trigger a discounting war in the quick commerce space. This and more in today’s ETtech Morning Dispatch.
A new report by the Confederation of Indian Industry predicts the demand for electronics components and sub-assemblies in India to reach $240 billion
The Goods and Services Tax (GST) council's recommendation to allow the government to overrule retrospective tax demands could resolve pending indirect
Meta has launched Meta AI across WhatsApp, Facebook, and Instagram, offering text and image generation capabilities. Ryan Cairns, VP of Engineering at
Genesys International is set to launch AI-powered navigation maps for the mobility markets, featuring a navigable road network in India covering 8.3 m
Recommendations by the GST council aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including a reduction
TikTok faces challenges from Congress over data access concerns by the Chinese government and a divestiture law requiring ByteDance to sell U.S. asset
Google extends pilot programme on online real money gaming, facing backlash from small gaming companies over anti-competitive practices.
The U.S. proposed rules to regulate investments in China to prevent sensitive technology development, supported by Treasury Assistant Secretary Paul R
Tesla urges Delaware judge to recognize shareholders' vote supporting Elon Musk's $56B pay package, reverse voiding ruling, and reject $6B legal fee r
Bengaluru's River and International Battery Company's investments in Bengaluru rural district to create jobs and revolutionize electric mobility, supp
Perplexity likely bypassed web crawler blocks via the Robots Exclusion Protocol, as reported by Wired, using analytics to track AI traffic.
Tata Consultancy Services (TCS) has expanded its strategic partnership with Xerox to execute an end-to-end transformation program. Xerox also has an o
HCLTech announced setting up two new offices in North America with delivery centers, focusing on encouraging employees to return to the office. The of
Startups raised $748.5 million in the third week of June, with Mumbai-based Zepto securing $665 million. This marked an eightfold increase from the pr
