Category: Headlines
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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Starbucks becomes the latest Western major to leave the Russian market
Author: Pankaj Singh

img/headlines/starbucks-becomes-the-latest-western-major-to-leave-the-russian-market.png Starbucks Corporation is reportedly planning to stop its operations in Russia after nearly 15 years of having conducted business in the country. The company noted that it will exit the ...

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India looking to spend an additional USD 26 billion to fight inflation
Author: Pankaj Singh

img/headlines/india-looking-to-spend-an-additional-usd-26-billion-to-fight-inflation.jpg India’s wholesale inflation spiked up to a 17-year high while retail inflation rose to an 8-year high in April. The government is also planning to deliver a second round of f...

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