Category: Business

SCOPE launches $45 mn VC fund for fintech, gaming startups

New Delhi, Dec 26 (SocialNews.XYZ) SCOPE, the invite-only startup networking platform, on Tuesday launched a venture capital fund worth $45…

2 years ago

itel forays into open-earbuds category, launches Roar 75 with Titanium Body for Gen-Z at Rs 1,099

New Delhi, Dec 26 (SocialNews.XYZ) itel Mobile India has announced its entry into the open-earbuds category by launching 'ROAR 75'…

2 years ago

Bulls are likely to wait for the New Year for further action

New Delhi, Dec 26 (SocialNews.XYZ) The global rally in December led by the US market has lifted most markets significantly,…

2 years ago

SoftBank likely sells $310 mn worth shares in IPO-bound FirstCry

New Delhi, Dec 26 (SocialNews.XYZ) Japanese investment giant SoftBank has likely sold its stock worth $310 million in a second…

2 years ago

Over 4.25 lakh tech employees lose jobs in 2023, layoffs continue during holidays

New Delhi, Dec 26 (SocialNews.XYZ) As generative AI threatens millions of jobs, tech companies globally are now sacking employees even…

2 years ago

Apple’s Smart Watch Series 9 & Ultra 2 to go off shelves unless Biden intervenes

New York, Dec 25 (SocialNews.XYZ) Apple's latest series of smart watches in Series 9 and Series Ultra 2 watches may…

2 years ago

71% of enterprises experimenting with real use cases for GenAI

New Delhi, Dec 25 (SocialNews.XYZ) About 71 per cent of enterprises globally are experimenting with real use cases for generative…

2 years ago

‘Shadow IT’ use by employees put more Indian firms at cyber attack risk

New Delhi, Dec 25 (SocialNews.XYZ) About 89 per cent of companies in India suffered cyber incidents in the last two…

2 years ago

Shrimp farms in Andhra district raking in Rs 10,000 cr a year through exports

New Delhi, Dec 25 (SocialNews.XYZ) Shrimp farms in Andhra Pradesh’s Srikakulam district are using modern methods to produce about 40,000…

2 years ago

Biryani is the most-ordered dish on Zomato in 2023: Report

New Delhi, Dec 25 (SocialNews.XYZ) Zomato users ordered biryani the most in 2023, the online food platform said on Monday.…

2 years ago

Bose invests $10 mn in Noise, takes Indian brand’s valuation past $400 mn

New Delhi, Dec 25 (SocialNews.XYZ) Bose, a global pioneer in consumer electronics and audio, has invested $10 million in homegrown…

2 years ago

Govt launches scheme to boost Medtech startups

New Delhi, Dec 25 (SocialNews.XYZ) The government launched the MedTech Mitra platform on Monday as part of a strategic initiative…

2 years ago

Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power

Mumbai, Dec 25 (SocialNews.XYZ) The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar…

2 years ago

InCred raises $60 mn, becomes India’s 2nd unicorn of 2023

New Delhi, Dec 25 (SocialNews.XYZ) Ending the drought, fintech lender InCred has become India’s second unicorn this year after raising…

2 years ago

Govt throws open e-Jagriti portal, video access to NCDRC to give consumers more clout

New Delhi, Dec 25 (SocialNews.XYZ) The government has thrown open the e-Jagriti portal and video conferencing (VC) facility for the…

2 years ago

Paytm lays off employees as it implements AI-powered automation

New Delhi, Dec 25 (SocialNews.XYZ) Fintech leader Paytm has laid off several hundred employees from its operations, sales and engineering…

2 years ago

US clean tech unicorn Palmetto lays off employees in multiple job cuts

San Francisco, Dec 25 (SocialNews.XYZ) US-based clean-tech unicorn Palmetto has reportedly done multiple rounds of layoffs amid the market slowdown.…

2 years ago

2023 may have been cryptocurrencies best year ever

New York, Dec 25 (SocialNews.XYZ) Crypto’s 14th year in existence was one marred by scandal, bankruptcy, fraud and regulatory squabbling.…

2 years ago

Bitcoin miners see transaction revenue grow a massive 400% in 2023

New Delhi, Dec 25 (SocialNews.XYZ) The revenue collected by Bitcoin miners as transaction fees averaged about $2 million per day…

2 years ago

Patent dispute: Apple Watch Series 9, Ultra 2 unavailable at its retail stores in US

San Francisco, Dec 25 (SocialNews.XYZ) Apple has halted sale of its Watch Series 9 and Ultra 2 sales at its…

2 years ago



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