About Author : Shikha Sinha

Shikha Sinha

Shikha currently manages the content team at BuinessNewsUpdate. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market research, and business development domains. Her other interests include sketching, reading, and singing.

Contribution by Shikha Sinha

Australia proposes defamation laws to reveal trolls on social platforms

Australia’s Prime Minister Scott Morrison is set to introduce new defamation laws that would compel online social media platforms to disclose identities of trolling accounts or else suffer the consequences of defamation. The new regulations wil...

Pony.ai, Baidu win approval to unveil paid driverless robotaxi service

Baidu Inc, Chinese tech group, and Pony.ai, the self-driving startup, have reportedly received approval to launch driverless robotaxi services in Beijing. Reportedly, the firms will deploy over 100 vehicles in the country. Baidu, in a statement, men...

D2C coffee brand Sleepy Owl secures USD 6.5 Mn in Series A funding

A direct-to-consumer coffee brand, Sleepy Owl has reportedly raised USD 6.5 million in the latest Series A funding round led by existing investor Rukam Capital along with DSG Consumer Partners. According to a statement, the fresh funding will be use...

Tesla shares fall as CEO Elon Musk’s Twitter feud extends selloff

Tesla Inc's stock reportedly extended its recent selloff on 15 Nov, after investors reacted to CEO Elon Musk's sale of shares worth USD 6.9 billion. Musk’s most recent Twitter feud with American politician and activist Bernie Sanders al...

Lusha hits unicorn status with USD 205 million funding in Series B

Israeli B2B intelligence firm Lusha revealed it raised USD 205 million funding in Series B round at a USD 1.5 billion valuation. The round, led by growth equity firm PSG, and contribution from ION Crossover Partners, brings the company’s total ...

Freshworks to sell shares worth USD 500 Mn to cashout listing gains

Founder Girish Mathrubootham, senior executives, other employees and stakeholders of Freshwork Inc, which recently entered the Nasdaq listing, have reportedly offered to sell over 13.6 million shares worth more than USD 500 million in one of the larg...

Neobank Fi raises USD 50 million in new funding round led by B Capital

Indian neo banking platform, Fi has reportedly secured USD 50 million in the latest funding round led by Facebook Co-founder Eduardo Saverin’s global investment firm, B Capital. The funding round also saw participation from alternative asset ma...

Coke to buy out sports drink company Body Armor for USD 5.6 billion

Coca-Cola is reportedly gearing up to acquire the sports drink company BodyArmor through a deal worth USD 5.6 billion. The transaction is likely to be finalized in the coming weeks and will allow the world’s largest beverage company to expand i...

IKEA purchase former Topshop Oxford Circus flagship store for USD 520 Mn

Leading furniture brand IKEA has announced the purchase of Topshop's flagship central store in London for £378 million (USD 520 million) after the fall of Sir Philip Green’s retail empire. The Swedish company will alter various floor...