Tuesday, 5 October 2021

The Facebook outage: What exactly happened?

Facebook, Instagram and WhatsApp faced a six-hour-long outage on Monday, rendering inaccessible the services it offers to billions of its users. The reason for downtime was attributed to a malfunctioning Border Gateway Protocol (BGP).

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Paytm rightfully worth less than $20 billion, says NYU valuation professor

Mapping out Paytm's financial pathway in a scenario in which it remains a dominant digital payments player for the next 10 years, Damodaran argues that even with favorable assumptions, a justifiable valuation of equity would be around $19.6 billion.

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Ola acquires GeoSpoc to build next-gen location technology

As part of the Ola-GeoSpoc acquisition deal, GeoSpoc CEO Dhruva Rajan and his team of geospatial scientists and engineers will join the ride-hailing startup to develop location technologies, Ola CEO Bhavish Aggarwal says.

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Chalo raises $40 million in Series C led by Lightrock, Filter Capital

With this fundraise, Chalo hopes to invest further in technology, deepen its presence in India, and expand to international cities.

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Dairy.com acquires dairy tech startup Mr. Milkman

America’s leading dairy services provider Dairy.com, has acquired Mr.Milkman, India's leading last-mile dairy supply chain SaaS platform. Marking its entry into India, Dairy.com has acquired a 100% stake in Mr.Milkman.

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100ms raises $4.5 million in seed funding from Accel, others

100ms, a live-video infrastructure platform, will use the funding from Accel and Strive.vc to build the engineering team and for product enhancement, according to a statement.

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Meat startup Licious turns unicorn after $52-million funding

This round takes the company to a post-money valuation of $1.05 billion, making it the latest entrant to the coveted unicorn club of companies having more than a billion dollars in valuation.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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