23andMe Cuts 40% of Workforce, Shuts Down Therapeutics Division
23andMe, the popular genetic testing company, has announced it will lay off 40% of its workforce,...
Donald Trump Selects Fracking Advocate Chris Wright as Energy Secretary
President-elect Donald Trump has appointed Chris Wright, CEO of Liberty Energy, as his choice for Secretary...
General Motors Cuts 1,000 Jobs Amid Efforts to Reduce Costs and Restructure Priorities
General Motors (GM) laid off approximately 1,000 employees on Friday in an effort to reduce costs...
Six Apple Products Now Declared Vintage or Obsolete: What You Need to Know
Although Apple is renowned for its innovative technologies and sleek designs, even the most cherished goods...
Nikhil Kamath’s WTFund and Nazara Tech make ₹2 Cr investment in two gaming startups
With two domestic businesses, Norian Games and Xigma Games, receiving ₹2 crore in funding from WTFund,...
Reliance to acquire D2C snacking startup TagZ Foods for $3.5 Mn
In a deal around INR 28 Cr (about $3.5 Mn), Reliance Consumer Products, the FMCG division...
Zepto’s monthly cash burn goes up to over ₹250 Cr per month on capex, working capital
The quick commerce space in India is heating up, and Zepto is at the center of...
Ford Motor Company Faces $165 Million Civil Penalty for Recall Violations
The National Highway Traffic Safety Administration (NHTSA) has slapped Ford Motor Company with a $165 million...
Bugatti Mistral Sets Open-Top Road Car Speed Record at 453.9 km/h
Bugatti’s legendary 8.0-litre quad-turbo W16 engine has added another impressive achievement to its history, setting a...
Siemens to Cut 5,000 Jobs in Automation Sector Amid Economic Downturn
Siemens AG, a pioneer in technology and industrial automation, has revealed intentions to cut up to...