Business
-
X will be profitable in 2024 as advertisers return: CEO Linda Yaccarino
San Francisco: X CEO Linda Yaccarino has asserted that the company formerly known as Twitter will be profitable by early 2024, adding that the platform may now have 200-250 million daily active…
-
Central government to sell 50-year bonds for first time
New Delhi: The Central government for the first time will sell 50-year bonds to meet the demand for longer dated securities from the country’s life insurance and pension fund segments. This comes…
-
Mobile phone exports from India cross Rs 45,000 cr in April-Aug period, Apple leads
New Delhi: In a fillip to ‘Make in India’ initiative, India saw mobile phones exports worth $5.5 billion (over Rs 45,000 crore) in the April-August period in the ongoing fiscal year (FY24),…
-
Snap likely to lay off 150 employees from AR division: Report
San Francisco, Sep 27 (IANS) Snap, the parent company of Snapchat, is reportedly planning to sack around 150 employees as part of its reorganisation exercise. According to The Verge, the latest job…
-
By December, delete your Threads account, keep your Instagram: Meta’s new move
San Francisco: Meta is preparing to allow Threads users to delete their accounts without affecting their Instagram profiles by December. Currently, there is no way for Threads users to delete their accounts…
-
Fintech firm Bright Money raises $62 mn in equity, debt round
Bengaluru: Consumer fintech company Bright Money on Wednesday announced it has raised $62 million in an equity and debt round. The funding includes $50 million in debt from Encina Lender Finance and…
-
Dunzo laying off 150-200 more employees amid fresh funding news: Reports
New Delhi: Homegrown quick-grocery delivery provider Dunzo, set to raise $35 million in funding from existing backers like Reliance Industries and Google as well as new investors, is reportedly laying off at…
-
Stock markets fall in early trade on foreign fund outflows, weak US equities
Mumbai: Benchmark equity indices declined in early trade on Wednesday amid weak trends in the US markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 202.34 points to 65,743.13. The…
-
Audio and video calls arriving on X only for premium users
San Francisco: X Corp is planning to soon roll out audio and video calls to premium, subscription-only users, as X CEO Linda Yaccarino confirmed last month that video calls will arrive on…
-
Crypto firm Mixin hit by $200 mn hack, halts services
New Delhi: Hong Kong-based crypto company Mixin has announced that the hackers stole around $200 million in a data breach that occurred on September 23. After learning about the data breach, the…
-
WeWork India rejigs senior leadership to boost market presence
New Delhi: Flexible workspace provider WeWork India on Tuesday announced the appointment of two senior leaders to its executive leadership team. Debosmita Majumder has joined WeWork India as Chief Marketing Officer, while…
-
Nearly 50 pc of employees likely to permanently shift to hybrid work globally
New Delhi: Nearly 50 percent of employees are expected to permanently work in a hybrid or fully mobile fashion going forward, a report showed on Tuesday. The majority of businesses agree that…
-
42% consumers in India to use UPI for festive shopping this year: Report
New Delhi: Digital payment methods are on the rise in India, with 42 per cent of consumers saying they will choose unified payments interface (UPI)-for online festive shopping, a new survey report…
-
Amazon to invest up to $4 bn in AI startup Anthropic in GenAI era
New Delhi: Amazon on Monday said it will invest up to $4 billion in artificial intelligence (AI) startup Anthropic with a minority ownership position in the company, as competition grows in the…
-
Meta gears up to launch dozens of AI chatbots for younger users
San Francisco: Meta is reportedly working on generative AI chatbot called ‘Gen AI Personas’ for younger users and is expected to unveil it this week. The social networking company is geared up…
