Tesla Secures Tax Abatement for Battery Factory in Waller County
Tesla is set to establish a massive battery manufacturing facility in Brookshire, Texas, following approval of...
Trump Administration Scraps Fiber Preference in $42.45 Billion Broadband Program
The Trump administration is scrapping the preference for fiber-optic networks in the $42.45 billion Broadband Equity,...
HPE Announces Layoffs: 2,500 Jobs to Be Cut Amid Restructuring
According to Hewlett Packard Enterprise (HPE), as part of a broad cost-cutting effort, the company expects...
Weekly Startup Funding News: Indian startups raised $386 Mn this week; from Darwinbox to Leap Finance
Following several weeks of slow investment activity, Indian businesses saw a sharp increase in fundraising, with...
DHL, German Logistics Giant to Cut 8,000 Jobs Amid Profit Decline
DHL, one of the world’s leading logistics and postal service providers, has announced its largest job...
Xiaomi’s Downfall in India: How the Former Market Leader Slipped to 7th Place
From 2017 to 2022, Xiaomi dominated the Indian smartphone market, holding the top spot for many...
India’s Quick Commerce Giants Face Antitrust Scrutiny Over Deep Discounts
The fast commerce industry in India has revolutionized how people purchase daily necessities. Millions of customers...
Furlenco Turns to Debt, Raises INR 60 Cr from Northern Arc & CredAvenue
Northern Arc Capital and CredAvenue have provided INR 60 Cr ($7 Mn) in debt funding to...
Sony’s Studio Closures and the Impact of ‘Concord’s’ Failure
Sony Interactive Entertainment (SIE) has initiated significant layoffs across its PlayStation support studios, notably affecting Visual...
Meta’s Rehiring Policies Raise Concerns Among Former Employees
A former Meta engineer, who was laid off in the company's 2022 workforce reduction, assumed rejoining...