The Economic Time
ZestMoney to shut ops, lays off 150 employees
ZestMoney may retain some staffers from legal functions to ensure the wind down process.
Amazon latest to criticise Microsoft in UK cloud market probe
Britain's Competition and Markets Authority (CMA) launched an investigation into the country's cloud computing industry in October, following a...
Online gaming firms seek new regulatory model; suggest three-tier oversight mechanism
While several industry associations submitted their proposals, the plan to notify these SRBs was put on the backburner.
Rapido launches cab services in three cities
The company aims to expand across India by the middle of next year, said Pavan Guntupalli, cofounder of Rapido.
Japan's Takeda signs MoU with BIRAC to support healthcare startups
Japanese drug maker Takeda on Tuesday entered into a three-year memorandum of understanding (MoU) with the Biotechnology Industry Research...
SoftBank to invest $514 million for 51% stake in Cubic Telecom
The Japanese telecommunications arm of tech investment giant SoftBank Group and Cubic "will form a strategic global partnership to pioneer the...
Big Tech muscles in: the 12 months that changed Silicon Valley forever
What set off Silicon Valley was ChatGPT, launched by an upstart called OpenAI. It had captured the imagination of millions of people who had...
Caterpillar invests in tech startup Nth Cycle to boost recycling
The investment, announced on Monday, comes as part of a $44 million Series B round of financing in privately-held Nth Cycle, which is among a crop...
Byju’s struggles to find cash continues; internet body drops few egaming firms for IT MoS meet
Desperate times call for desperate remedies. Cash-starved Byju’s is now likely to use part of the proceeds from the Epic sale to keep its parent...
Uber set to join the S&P 500 index in latest sign of turnaround for the ride-hailing service
The San Francisco company will be added to the benchmark index prior to the opening of regular trading on Dec. 18, S&P Dow Jones Indices said...