Weekly Startup Funding News: Indian startups raised $159 Mn this week
India’s startup ecosystem witnessed another action-packed week, with 24 startups collectively raising around $158.8 million across...
Truecaller Cuts Around 70 Jobs as Revenue Declines Sharply in First Quarter
Swedish caller identification and spam-blocking platform Truecaller has announced plans to cut around 70 jobs after...
Rave Files Landmark Antitrust Lawsuit Against Apple
In a high-stakes legal challenge that once again puts Apple’s App Store dominance under the microscope,...
France Escalates Probe Into Elon Musk’s X Over Algorithms, Deepfakes And Child Safety Concerns
The legal pressure on X and its owner Elon Musk is intensifying in Europe, with French...
SoftBank Cuts Back OpenAI-Backed Loan Ambitions as Lenders Grow Cautious
Softbank Group, known for making some of the world’s boldest technology investments, is reportedly scaling back...
Zepto Gets SEBI Approval for IPO, Targets Up to $1 Billion Fundraise
Quick-commerce startup Zepto has received approval from the Securities and Exchange Board of India (SEBI) for...
AWS Outage Sparks Fresh Concerns Over Data Center Cooling as Coinbase and Other Services Face Disruptions
A sudden overheating incident at one of Amazon Web Services’ data centers in Northern Virginia triggered...
upGrad Files CCI Application for Proposed Acquisition of Unacademy
Indian edtech major upGrad has filed a merger application with the Competition Commission of India (CCI)...
EU Clenches Deal to Soften and Delay AI Act Requirements
In a significant pivot for European digital policy, EU member states and European Parliament lawmakers reached...
Moonshot AI Soars to $20 Billion Valuation with Landmark $2 billion Raise
In a powerful signal that the "Silicon Savannah" of Beijing is ready to challenge the dominance...