"This new effort to combat misinformation will roll out to countries around the world in the coming days," CEO Daniel Ek said. "To our knowledge, this content advisory is the first of its kind by a major podcast platform."
In his first interview since the audio clip controversy, BharatPe's cofounder Ashneer Grover accuses unnamed detractors of fanning the flames, says some board members have been forced to react due to media scrutiny.
BharatPe’s co-founder and MD Ashneer Grover is engaging with Karanjawala & Co. on how to best safeguard his position and keep his shareholding of around 9% intact, in the event of a board action to remove him from the firm.
"Uday Kotak is a legend. I had the fortune of starting my career in Kotak...and can tell you no one understands or does finance better in India!" Grover says in a comment to a LinkedIn post.
The strong showing comes in the wake of a mega year for venture capital investments as Indian startups mopped up $34.7 billion across 1070 deals in calendar year 2021.
The world's largest company by market value raked in sales of nearly $124 billion and profit of $34 billion, showcasing its ability to navigate a global supply crunch during the crucial holiday quarter.
"We are pausing the ability for people to join CrowdTangle while we work through some staffing constraints," a Meta spokesperson said. New users can still get added to existing company accounts on the tracking tool, the spokesperson said.
According to data shared by Xpheno, a specialist staffing firm, 100 to 120 CXOs are likely to be hired by these 130 unicorns and soonicorns against 50 in 2021.
The non-fungible tokens, or NFTs, are bought and sold on bespoke marketplaces such as OpenSea, Decentraland and SuperRare, not social media platforms such as Facebook and Twitter. Why this craze then?
The Google-Airtel deal will counter Microsoft Azure and Amazon Web Services (AWS) in India’s cloud space by bringing online lakhs of small and medium businesses—a stronghold of the Indian telecom major.
"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Musk said, predicting full self-driving would become "the most important source of profitability for Tesla."
Tesla, which produced a few cars at its Berlin and Texas factories last year, said scaling up production there would depend on supply chain headwinds and the successful introduction of new technologies.
India’s gig workers have been on the frontlines during the pandemic, delivering food and other essentials even during lockdowns and curfews.
With a target size of $100 million, Beams will look to invest $8 million-$10 million in growth-stage funding rounds of Indian fintech companies and plans to invest across a dozen fintech startups. The fund is in the advanced stages to make its first close.
The Bengaluru-based unicorn presently valued at $4.01 billion has begun product work on these new offerings and is likely to launch the features later this year.
Many delivery staffers say companies not helping with second shots, PPE gear; online firms refute claims
The descriptions point to the long shadow thrown by Chinese authorities who have already intimated they will have a heavy regulatory hand in how it will develop - a shadow some China metaverse advocates fear will stunt its growth.
The US chipmaker has told partners that it does not expect the deal to close, the report said, adding that SoftBank is stepping up preparations for an initial public offering of Arm.
The start of 2022 hasn’t been kind to India’s recently listed tech firms, so a successful Boat IPO would bring some much-needed cheer.
Many traders and investors liquidated some of the riskier tokens, rebalanced their portfolios by moving to stable coins and also indulged in opportunistic buying to average down their portfolios.
Warburg Pincus, the single largest shareholder with around 36% stake, will divest shares worth Rs 700-800 crore in the Boat IPO, likely to be an equal mix of fresh stock and an offer for sale.
San Francisco-based low-code platform Retool is expanding its presence in India with exclusive offerings as it sees huge traction from IT service providers and startups alike.
The fund will focus on strengthening the environmental, social and governance (ESG) practice of midcap businesses, while offering them flexible capital to expand to newer markets, according to a statement.
In a letter to Finance Minister Nirmala Sitharaman ahead of the Budget 2022, IndiaTech proposes that GST be levied only on the amount received by a gaming platform for providing its services and not on the prize pool.
Coworking operators sold over 55,000 seats in 2021, up from 36,000 seats in 2020, according to property experts, and they expect sales to double in 2022.
StanPlus, which provides private ambulance services, will use the funding to scale operations to 500 hospitals and launch its flagship Red Ambulance brand in 15 cities from five currently.
Future Retail’s independent directors will turn down today Amazon’s request to allow PE firm Samara Capital for expedited due diligence before any cash infusion in the debt-laden Indian retailer.
The Indian Edtech Consortium has held multiple conversations with Advertising Standards Council of India to finalise its code for advertising and how edtech products are being marketed.
All the 13 drivers for Blinkit and Zepto whom Reuters spoke with in Mumbai, New Delhi and Gurugram said they faced pressure to meet delivery deadlines, which often led to speeding, for fear of being rebuked by store managers.
Bitcoin was trading at $35,572, while other major altcoins were also down by double digits, at 5 pm, Saturday, on Coinbase.
Under the Pillar One of the global deal, all signing countries are required to withdraw their existing digital services taxes and other relevant similar measures with respect to all companies and also commit not to introduce any new unilateral measures in the interim period.
This week, Microsoft Corp. agreed to pay a stunning $68.7 billion—all cash—to acquire Activision Blizzard, the company behind blockbuster games such as 'Call of Duty' and 'Candy Crush'. Here's the deal explained, in numbers.
"The funds are going to be largely used to scale the technology in the company, to market the brand that now we have developed under Qarmatek - Mobex," cofounder Krunal Shah said.
The biggest technology companies, including Meta Platforms Inc's Facebook and Apple Inc, have been under pressure in Congress because of allegations they abused their outsized market power.
Almost 92% of founders who attempted to raise capital in 2021 said they had a favourable experience and 75% of them expect the environment to get better this year, according to InnoVen Capital’s Startup Outlook Report 2022.
TCS believes the Indian market will be platform-driven as more businesses digitise their processes. Amazon has offered help to Future Retail, amid a legal battle to stall the Reliance-Future deal, but with a rider.
The India Human Rights Impact Assessment report was an important element of Facebook human rights due diligence and—at a minimum—should be made public, the group says in a letter to Facebook’s director of human rights.
Tata Consultancy Services (TCS) is positioning itself to provide apps and platforms that can integrate with the India Stack and provide solutions to customers across government, industry and even B2C, COO N Ganapathy Subramaniam says.
While most of the customers (median) were in the 23-26 years group, BNPL emerged as the preferred option for people across age groups with the youngest customer being 18 years old and the oldest at 66. The number of millennial and GenZ customer base increased by 2X and 3X respectively, indicating that the BNPL segment has been driven by young cohorts in India in line with the global trend.
The company, which was offering its platform to independent professionals for launching their businesses online, could not find the right product-market fit and the founders did not agree to pivot its business model.
Indian Private Equity and Venture Capital Association proposes a new definition for startups in a note to the government ahead of the Union Budget 2022-23, where it also reiterated some older demands like direct overseas listing.
Apart from demand for workforce in deliveries, related roles like warehouse management and customer support services have also surged across India.
Infosys had invested heavily over the last few years in anticipation of an increase in digital spending by clients and would have registered a similar pace of growth even without the Covid-19 pandemic, CEO Salil Parekh says.
Digital transformation is well under way with large enterprises, while several others are accelerating the journey and many are jumping on board, Infosys CEO Salil Parekh says.
Bank of America, Axis Capital and ICICI Securities have been hired to run the HomeLane IPO. They said 25-30% stake will be offered in the proposed IPO.
The meeting took place at a time when the government is said to be working on finalising a draft ecommerce policy in the coming months.
Powered by AI and ML, Digital Government Mission will break silos to take government services to citizens.
An industry body made up of crypto selling platforms may appoint tax experts from Big Four audit firms for guidance, add warning labels while onboarding new customers.
The Bengaluru-based online wealth manager plans to use the funds to bolster its new product verticals, expand customer base and partner with more independent financial advisors.