Oracle Considers Major Job Cuts and Asset Sales Amid Mounting Costs of AI Data Center Expansion
Oracle is reportedly evaluating sweeping cost-cutting measures that could include tens of thousands of layoffs and...
Senators Push for Security Review of Paramount–Warner Bros. Deal Backed by Middle Eastern Funds
Two Democratic senators are raising concerns about the federal government’s handling of a massive media industry...
DAWN Stock Jumps Over 65% in Pre-Market After $2.5 Billion Servier Acquisition Deal
Shares of Day One Biopharmaceuticals, trading under the ticker DAWN, surged sharply in pre-market trading after...
Meesho Receives ₹1,499 Cr Tax Demand From Income Tax Department, Plans To Challenge Order
Indian social commerce platform Meesho has received a tax demand of ₹1,499.73 crore from the Income...
Weekly Business News: Everything from Flipkart layoffs to Karnataka Social Media Ban
Flipkart Trims Workforce Amid Performance Review Cycle About 300 workers were reportedly let go by Walmart-owned...
Weekly Funding News: Indian startups raise $98 Mn this week; from Pronto to Cent
The Indian startup ecosystem began March on a somewhat quiet note following a robust spike in...
Flipkart Lets Go Of 300 Employees In Annual Performance Review As IPO Preparations Gather Pace
Walmart-owned e-commerce giant Flipkart has reportedly laid off around 300 employees as part of its annual...
Karnataka Proposes Social Media Ban for Children Under 16, Ignites Debate
The Karnataka government has proposed a major step aimed at protecting young people online. In a...
Delhi Court Orders Akasa Air To Pay ₹1.08 Cr To Travel Agency Over Cancellation Of 640 Seats
In a significant ruling that underscores the importance of honoring commercial agreements in the aviation sector,...
United Airlines Introduces Stricter In-Flight Rule: Playing Media Without Headphones Could Result in Ban
Passengers planning to fly with United Airlines may need to make sure they pack headphones along...