Saturday, 9 October 2021

Ola Electric said to raise $200 million at over $5-billion valuation

The fresh funding round comes days after the Bhavish Aggarwal-led company raised $200 million at a post-money valuation of $3 billion. The capital will be used to develop more electric vehicles in various form factors.

from Tech-Economic Times https://ift.tt/3lo3i0U

Friday, 8 October 2021

Facebook apologises for second outage in a week, services back up

Both the outages piled pressure on Facebook this week after a former employee turned whistleblower accused the company on Sunday of repeatedly prioritising profit over clamping down on hate speech and misinformation.

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Frances Haugen and the power of one

On Monday, Facebook, WhatsApp and Instagram went offline for six hours. That was only the second worst thing to happen to the social media behemoth this week.

from Tech-Economic Times https://ift.tt/3iKU8Kf

Byju’s hits pause on Shah Rukh Khan ads after son Aryan Khan’s arrest

Byju’s has over the last few days pulled ads featuring Shah Rukh Khan despite advance bookings after facing backlash on social media platforms like Twitter. Byju’s was one of the largest sponsorship deals for the actor.

from Tech-Economic Times https://ift.tt/3alOzxh

Every TCS employee nostalgic of Air India, CEO Rajesh Gopinathan says

Tata Consultancy Services (TCS) will try its best to revive Air India to its former glory as one of the best airlines in the world, CEO Rajesh Gopinathan says. Tata Sons has been selected as the winning bidder for Air India.

from Tech-Economic Times https://ift.tt/3FpKAOF

ETtech Deals Digest: Three more unicorns, Byju’s gets even bigger

India’s biggest startup got even bigger in the week to Oct. 8, even as the unicorn club added three more members. The ‘Unicorn Class of 2021’ has 31 startups now.

from Tech-Economic Times https://ift.tt/2YtIw7H

Truecaller goes public; CarDekho heads for unicorn club

Truecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a market cap of about $2.5 billion.

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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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