Tuesday, May 16, 2023

ZestMoney founders to exit troubled fintech; Amazon hikes seller fee, lays off staff in India

Capping months of twists and turns surrounding the ZestMoney-PhonePe deal, founders of the BNPL startup said they are leaving the cash-strapped startup. We’ve been on top of this deal ever since November last year, and have all the details on Monday’s development. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/7V0eHjO

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...