Weekly Startup Funding News: Indian startups raised $104 Mn this week; from Drizz to Zepto
From AI booms to seed-stage blues, the investment landscape turns turbulent. Credits: BizzBuzz A Volatile Month...
Jane Street Faces Heat in India: Tax Probe Intensifies Amid Allegations of Non-Cooperation
Jane Street, the globally renowned quantitative trading firm, is facing mounting regulatory pressure in India as...
IRS Scraps Direct File Program Following One-Year Pilot and Political Opposition
The Internal Revenue Service (IRS) is officially pulling the plug on its Direct File program, a...
Trump Ends Global Trade Loophole for Low-Cost Online Retailers
The U.S. is poised to eliminate a key trade loophole that has allowed Americans to receive...
Microsoft Posts $27 Billion Profit After Laying Off 9,000 Employees
Microsoft has once again posted blockbuster earnings, driven largely by its aggressive push into artificial intelligence...
Meta Reports $4.53 Billion Loss from Reality Labs Amid AR Push
Meta Platforms Inc., the parent company of Facebook and Instagram, continues to face financial challenges in...
Moderna to Slash Jobs, R&D After Regulatory Delays and Market Slowdown
Moderna Inc. said it will reduce its global workforce by roughly 10% before year’s end, responding...
Deepinder Goyal Sets Sights on India’s First Indigenous Jet Engine
From co-founding Zomato to launching a jet engine startup, Deepinder Goyal is now set to revolutionize...
Swiggy Considers Exit from Rapido Amid Rising Competition in Food Delivery
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look...
ED Investigates Fake Bank Guarantee Scam Linked to Anil Ambani Group in PMLA Case
The Enforcement Directorate (ED) has intensified its investigation into the Anil Ambani Group, recently turning its...