Delhivery hits all-time low, market cap falls below 2021 private valuation • TC

Shares of Delhivery hit an all-time low of 317 Indian rupees ($3.88) Wednesday, cutting its market cap to $2.8 billion, falling below the valuation at which it raised capital from…

Continue ReadingDelhivery hits all-time low, market cap falls below 2021 private valuation • TC

Elon Musk slashes employee benefits at Twitter, gets rid of several perks in a bid to increase profits- Technology News, FP

Mehul Reuben DasNov 23, 2022 14:46:34 ISTIn a bid to turn Twitter profitable, Elon Musk has decided to several employee benefits and get rid of several perks that employees at…

Continue ReadingElon Musk slashes employee benefits at Twitter, gets rid of several perks in a bid to increase profits- Technology News, FP

Amazon’s Alexa team set to lose $10 billion this year, was the main driving force behind mass layoff- Technology News, FP

Mehul Reuben DasNov 23, 2022 13:43:56 ISTAmazon is currently in the middle of one of the biggest mass layoffs in its history. The e-commerce giant plans to terminate about 10,000…

Continue ReadingAmazon’s Alexa team set to lose $10 billion this year, was the main driving force behind mass layoff- Technology News, FP

After praising Moxie Marlinspike for Signal, Elon Musk and Twitter to partner with Signal for encrypted DMs- Technology News, FP

Mehul Reuben DasNov 23, 2022 12:44:04 ISTElon Musk, when he took over Twitter, had envisioned that Twitter’s DM or Direct Messaging system would be one of the best in the…

Continue ReadingAfter praising Moxie Marlinspike for Signal, Elon Musk and Twitter to partner with Signal for encrypted DMs- Technology News, FP

Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding • TC

Healthtech startup RedBrick AI has raised $4.6 million in a funding round led by Sequoia India and Southeast Asia’s Surge as it plans to expand the market for its medical…

Continue ReadingSequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding • TC

Elon Musk blames ‘political activists’ for lying about Twitter’s moderation council & reinstating Donald Trump- Technology News, FP

Mehul Reuben DasNov 23, 2022 11:14:58 ISTWhile trying to assuage advertisers and users on the platform after he took over, Elon Musk announced that he will take no decision on…

Continue ReadingElon Musk blames ‘political activists’ for lying about Twitter’s moderation council & reinstating Donald Trump- Technology News, FP

Elon Musk starts recruiting engineers for ‘Twitter 2.0,’ wants anyone who can code to join his team- Technology News, FP

Mehul Reuben DasNov 23, 2022 09:41:06 ISTWhen Elon Musk took control of Twitter, the social media platform had over 7,400 employees on its payroll. However, in the weeks to follow,…

Continue ReadingElon Musk starts recruiting engineers for ‘Twitter 2.0,’ wants anyone who can code to join his team- Technology News, FP

Google’s parent company Alphabet to layoff 6 per cent or about 10,000 “low performing” employees- Technology News, FP

FP StaffNov 23, 2022 09:03:20 ISTGoogle became the latest tech company to announce the truncation of its workforce. Alphabet, Google’s parent company, recently announced that they will be laying off…

Continue ReadingGoogle’s parent company Alphabet to layoff 6 per cent or about 10,000 “low performing” employees- Technology News, FP