Category: Headlines
Bank of England raises emergency bond-buying plan to $11Bn a day
Author: Shreya Bhute

img/headlines/bank-of-england-raises-emergency-bond-buying-plan-to-11bn-a-day.jpg The Bank of England has reportedly announced that it would increase its emergency bond-buying program, which was introduced after chancellor Kwasi Kwarteng's mini-Budget caused...

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China gives green signal to CanSino’s inhalable Covid-19 vaccine
Author: Shreya Bhute

img/headlines/china-gives-green-signal-to-cansinos-inhalable-covid-19-vaccine.jpg CanSino Biologics, a Tianjin-based company, has reportedly developed the first inhalable COVID-19 vaccine with regulatory approvals from Chinese drug regulators. As per sources, the ...

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Iron Pillar seeking USD 400 million to empower tech startups in India
Author: Saipriya Iyer

img/headlines/iron-pillar-seeking-usd-400-million-to-empower-tech-startups-in-india.jpg 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 c...

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Edtech layoffs continue to surge as WhiteHat Jr fires 300 employees
Author: Shreya Bhute

img/headlines/edtech-layoffs-continue-to-surge-as-whitehat-jr-fires-300-employees.jpg Byju’s owned online coding provider WhiteHat Jr. has reportedly laid off around 300 employees, in a string of job cuts, after accepting resignations from over 1000 employees durin...

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Amazon shares marketplace data with rivals to avoid hefty fines by EU
Author: Pankaj Singh

img/headlines/amazon-shares-marketplace-data-with-rivals-to-avoid-hefty-fines-by-eu.jpg To persuade the European Union (EU) antitrust regulators to shut down their investigation without levying a fine by the year-end, Amazon Inc. has reportedly pledged to share its marketp...

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Uber Freight and Alphabet’s Waymo team up for future autonomous trucks
Author: Shreya Bhute

img/headlines/uber-freight-and-alphabets-waymo-team-up-for-future-autonomous-trucks.jpg Alphabet Inc.'s self-driving trucking unit Waymo Via and Uber Technology Inc.'s Freight business has recently announced a long-term strategic agreement that will allow customers...

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Coinbase announces extension of hiring freeze; revokes some offers
Author: Pankaj Singh

img/headlines/coinbase-announces-extension-of-hiring-freeze-revokes-some-offers.jpg Coinbase has reportedly announced that it will continue its pause on hiring new personnel and rescind some accepted offers from candidates who are yet to join. Two weeks ago, Coinbas...

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Toyota to become the largest automaker for the third consecutive year
Author: Pankaj Singh

img/headlines/toyota-to-become-the-largest-automaker-for-the-third-consecutive-year.png Japan’s Toyota Motor Co. has reportedly sold more than 1 million vehicles in comparison to Germany’s Volkswagen AG and is all set to bear the crown of the world’s larg...

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Newsletter platform Substack abandons plans to raise Series C round
Author: Pankaj Singh

img/headlines/newsletter-platform-substack-abandons-plans-to-raise-series-c-round.png Five-year-old newsletter platform Substack has reportedly ditched its efforts to secure a Series C round. Credible sources revealed that Substack held talks with potential financiers ab...

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Toyota drops global production plan to 100,000 units amid chip crises
Author: Pankaj Singh

img/headlines/toyota-drops-global-production-plan-to-100-000-units-amid-chip-crises.jpg Toyota Motor Corporation is reportedly considering reducing its global production target to about 100,000 units from 850,000 vehicles announced earlier in June due to the semiconductor ...

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