About Author : Saipriya Iyer

Saipriya Iyer

A content developer by choice, Saipriya Iyer holds a rich experience portfolio of more than five years in the content creation domain. Equipped with substantial expertise across the business, technology, and finance domains, Saipriya currently pens down insightful articles for Business NewsUpdate and other portals that combine her knowledge of software technology and electronics.

Contribution by Saipriya Iyer

Iron Pillar seeking USD 400 million to empower tech startups in India

An investment company that is known to back tech startups, Iron Pillar, is reportedly looking to raise around USD 400 million to help boost the startup ecosystem in India. The venture capital firm is already in advanced deliberations with limited par...

Russia bans car exports to 48 nations in response to Western sanctions

The United States and its allies have imposed heavy sanctions on Russia after it invaded Ukraine, further crumbling the country’s economy, and dropping the Russian Ruble to an all-time low. In a retaliatory move, Russia is now planning to ban e...

Google to buy Mandiant for USD 5.4 Bn to expand cloud computing unit

Google is reportedly offering USD 23 per share in an all-cash deal, worth USD 5.4 billion, for cybersecurity firm Mandiant Inc, to broaden its cloud-computing business and add to its internet security products. This is Google's second-largest ac...

Digital Twins and their Impact: Part I – Retail Industry

Acting as the proverbial link between the physical and digital realms, the concept of digital twin has come into itself, within a shorter span than predicted earlier. Harnessing the power of real-time data, the digital twin technology helps to identi...

InMobi’s Glance secures USD 145 million from Google and Mithril Capital

The newly secured funds have allowed Glance to reach a valuation of around USD 1 billion. Glance also operates a popular video-sharing social media platform Roposo. Glance, one of the leading mobile lock screen platforms, recently announced to h...

Facebook to move U.K. users to California unit to avoid EU regulations

In a bid to circumvent the EU (European Union) privacy guidelines, American social networking giant Facebook Inc. is reportedly planning to shift all U.K. users to its California unit. The move will also void British users from their existing relatio...

Bugatti recalls 77 units of 3 models amid software & driveshaft issues

French high-performance luxury automobile manufacturer Bugatti Automobiles S.A.S. has reportedly recalled around 77 units involving Chiron, Chiron Sport and Divo models in the United States. The official recall was issued by the NHTSA (National Highw...

New US lawsuits could see Facebook selling off Instagram and WhatsApp

Silicon Valley giant, Facebook could likely be forced to divest and sell off its prized assets, Instagram and WhatsApp after United States Federal Trade Commission (FTC) as well as nearly all U.S. states filed lawsuits against the company, alleging t...

Stitch Fix shares hike 33% post announcement of revenue growth

Stitch Fix shares have reportedly witnessed a surge of over 33 per cent in the after-hours trading following the company’s announcement of surprise profit and 10 per cent revenue growth, measured from a year ago. In a letter to its shareholder...