TECHNOLOGY
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Tencent bets big on WeChat Channels in push to build its own TikTok
WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by...
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Ola fires about 200 employees in a fresh round of layoffs
In September, the company rescinded the retrenchment of about 200 engineers, one of the sources added that the current layoffs is the same round...
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Tesla cuts prices in US, Germany in pivot to drive sales
The US price cuts on the Model 3 and Model Y ranged between 6% and 20% compared with the prices that held before the discount
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France fines TikTok $5.4 million for online tracking shortcomings
French data protection watchdog CNIL said its investigation only concerned the website tiktok.com and not the service's much more heavily used...
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Many PE, VC funds get Sebi notices; Infosys net profit up 13.4% in Q3
These private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere to...
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D2C startup Wakefit raises $40 million in funding led by Investcorp
Existing investors Sequoia Capital India, Verlinvest and SIG also participated in the funding round.
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Wipro promotes over 70 executives to stem attrition at top level
With the recent promotions, the Bengaluru-based IT firm now has around 200 vice presidents and 32 senior vice presidents.