Saturday, June 4, 2022

WhatsApp may soon get an ‘undo’ button for deleted messages



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Tiger Global’s 52% plunge prompts fee cut, redemption plan

Tiger Global’s hedge fund sank 14.2% last month, buffeted by losses in several stocks and substantial markdowns in its private assets, according to an investor letter seen by Bloomberg and a person with knowledge of the matter.

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Crypto scam victims lose more than $1 billion since 2021



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Startups switch gears as VC large funding deals dry up

The move comes amid a liquidity squeeze following the Reserve Bank of India’s (RBI) decision to hike interest rates, even as startups are seeing increased customer stickiness.

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Reliance Retail pilots grocery delivery service through new platform, app

The company plans to expand the service by this calendar year end to more than 200 cities and towns where JioMart is currently operational , two industry executives said.

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Instagram Reels go from 60 seconds to 90 seconds

The company is betting aggressively on Reels in India, especially after Chinese short video app TikTok was banned in 2020 following border hostilities with China.

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IPOs not alternative financing route for startups, says Narayana Murthy

“IPOs have been taken as the surrogate for the next round of financing. It is not a good thing (for the ecosystem) as it comes with tremendous responsibility,” the IT industry doyen said at an international conference on startups here on Friday.

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IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

Three indigenous artificial intelligence (AI) models launched under the Centre's IndiaAI Mission are being developed for applications ra...