Category: Headlines
Mazda Australia faces heat over misleading customers seeking refunds
Author: Hrishikesh Kadam

img/headlines/mazda-australia-faces-heat-over-misleading-customers-seeking-refunds.jpg The court identified Mazda made 49 distinct fraudulent or misleading representations to nine consumers who sought a refund or replacement of their cars. Australian Competition and Co...

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U.S. home sales improve to 9-month-high as housing shortage continues
Author: Pankaj Singh

img/business/us-home-sales-improve-to-9-month-high-as-housing-shortage-continues.jpg According to a report from the National Association of Realtors, U.S. home sales have soared to their highest level in nine months despite a tight housing supply that has sidelined firs...

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Grammarly secures USD 200 million for product innovation using AI
Author: Pankaj Singh

img/headlines/grammarly-secures-usd-200-million-for-product-innovation-using-ai.jpg AI-based editing tool, Grammarly has reportedly raised USD 200 million from the latest funding round and reached a valuation of USD 13 billion. The event was led by Baillie Gifford, and...

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Lusha hits unicorn status with USD 205 million funding in Series B
Author: Shikha Sinha

img/headlines/lusha-hits-unicorn-status-with-usd-205-million-funding-in-series-b.jpg 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 contributi...

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Samsung’s Q3 revenue hits USD 63 billion over strong chips, OLED demand
Author: Pankaj Singh

img/headlines/samsungs-q3-revenue-hits-usd-63-billion-over-strong-chips-oled-demand.jpg Samsung recently announced that it set a new third-quarter revenue record in 2021, reaching approximately USD 63 billion, which is up from USD 57 billion in 2020. According to the worl...

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Spotify logs 19% spike in Asian users through a robust marketing drive
Author: Pankaj Singh

img/headlines/spotify-logs-19-spike-in-asian-users-through-a-robust-marketing-drive.jpg Spotify has reported a 19% spike in user base in Southeast Asia, climbing to a total of 381 million monthly active users globally in the third quarter ending September. The Swedish stre...

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Investment startup Groww raises USD 251 million in Series E funding
Author: Hrishikesh Kadam

img/business/investment-startup-groww-raises-usd-251-million-in-series-e-funding.png Bangalore-based investment platform, Groww has reportedly secured USD 251 million in a Series E funding round led by Iconiq Growth. The fresh funds will be used to expand the company&rs...

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Facebooks inks copyright agreement with French publishers’ lobby group
Author: Hrishikesh Kadam

img/headlines/facebooks-inks-copyright-agreement-with-french-publishers-lobby-group.jpg Facebook Inc. has reportedly inked a preliminary copyright agreement with a lobby group of French news publishers, which paves the way for the company to pay for promoting news content ...

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Chinese phone-maker Xiaomi to produce its own electric cars in 2024
Author: Hrishikesh Kadam

img/headlines/chinese-phone-maker-xiaomi-to-produce-its-own-electric-cars-in-2024.png Xiaomi Corp., which is one of the world’s largest smartphone manufacturers, is reportedly planning to enter the automobile industry by launching its range of electric cars by 2024...

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Facebook to go on a hiring spree in Europe for its “metaverse” drive
Author: Shikha Sinha

img/headlines/facebook-to-go-on-a-hiring-spree-in-europe-for-its-metaverse-drive.jpg Facebook has recently announced plans of hiring at least 10,000 employees in the European Union in the upcoming years to develop a “metaverse”. The revelation comes as the t...

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