Business News
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17 Nov 2022
MetaWho is Sandhya Devanathan, Meta's new India head?
Meta has announced the appointment of Sandhya Devanathan as the new head of its India operations. Her appointment follows a string of high-profile departures from the company, including that of former head Ajit Mohan.
17 Nov 2022
Stock MarketSensex slips 230 points, Nifty settles below 18,350 mark
On Thursday, major indices of the stock market ended in the hands of bears with the Sensex settling 230 points down at 61,750.6 and the Nifty closing at 18,343.9 points.
17 Nov 2022
Amazon#NewsBytesExplainer: What is causing the 'layoff season' in tech world?
Layoff season is here. After over two decades of booming stocks and high-paid jobs, the tech industry is now in the middle of a rough patch.
17 Nov 2022
AmazonAmazon starts firing employees; devices and services organization first target
Earlier this week, we found out that e-commerce giant Amazon plans to cut around 10,000 jobs. The company has now confirmed that it will be slashing the workforce.
17 Nov 2022
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has lost 2.2% in the last 24 hours and is now trading at $16,521.63. It is 4.9% up compared to last week.
17 Nov 2022
XiaomiIndia's smartphone market declines 10% YoY; Xiaomi remains the bestseller
India's smartphone market has presented a grim picture yet again.
16 Nov 2022
Ashneer GroverAshneer Grover trolls WhatsApp Pay, calls it the 'biggest failure'
Ashneer Grover, the co-founder and former MD of BharatPe, was at his candid best in his tweets about WhatsApp Pay. He called the UPI-based payment service from the popular chat platform the biggest failure in India as a tech product.
16 Nov 2022
FinanceEstee Lauder to acquire Tom Ford for $2.8 billion
The American multinational cosmetics brand, Estee Lauder has agreed to buy designer Tom Ford's company for a whopping $2.8 billion.
16 Nov 2022
IntelIntel ordered to pay $949 million in VLSI patent trial
Intel has suffered a major blow in its patent saga against VLSI, a patent-holding company affiliated with Fortress Investment Group, a hedge fund under SoftBank Group.
16 Nov 2022
Stock MarketSensex closes at 61,980 points, Nifty settles at 18,409
The stock market on Wednesday ended on a positive note as the Sensex settled at 61,980.72 points and the Nifty stood at 18,409.65 points.
16 Nov 2022
Steve JobsSteve Jobs' sandals sold for a record Rs. 1.77 crore
A pair of brown Birkenstock sandals, which belonged to Steve Jobs, has been sold for $218,750 (approximately Rs. 1.77 crore), inclusive of an NFT.
16 Nov 2022
YouTubeTracing MrBeast's success story: From subscriber count to net worth
All hail the new king of YouTube. MrBeast aka Jimmy Donaldson has become the YouTube creator with the most subscribers.
16 Nov 2022
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has increased a marginal 0.6% over the last 24 hours and is currently trading at $16,895.05. It is 9% lower than the previous week.
15 Nov 2022
MetaWhatsApp's India head and Meta's public policy director step down
A week after Meta's mass layoffs across the board, the company's public policy head in India Rajiv Aggarwal has resigned. Abhijit Bose, WhatsApp's India head, has also stepped down.
15 Nov 2022
Bharti AirtelAirtel 5G Plus connectivity now available in Gurugram
Airtel has extended the availability of its 5G Plus services to Gurugram. Customers having a 5G-enabled smartphone can now enjoy high-speed internet in several parts of the city.
15 Nov 2022
YouTubeYouTube Shorts will now let you shop while watching videos
YouTube has decided to venture into social commerce. The world's largest video streaming platform is introducing shopping features to its site in an attempt to diversify its revenue stream.
15 Nov 2022
GoogleGoogle introduces UPI AutoPay for subscription-based purchases on Google Play
Users of Google Play's subscription-based purchases in India have been clamoring for the addition of UPI (Unified Payments Interface) to the mode of payments. Finally, Google has heard their pleas.
15 Nov 2022
Tata Motors LtdTata Motors partners with Cummins to develop hydrogen-powered vehicles
Tata Motors has inked a Memorandum of Understanding (MoU) with US-based hydrogen technologies provider Cummins.
15 Nov 2022
Stock MarketSensex rises to 61,872 points, Nifty crosses 18,400 mark
The stock market closed on a positive note on Tuesday, with the Sensex rising by 0.4% to settle at 61,872.99 points, and Nifty going up 0.41% to end at 18,403.4 points.
15 Nov 2022
Elon Musk#NewsBytesExplainer: How did Elon Musk become the world's richest man?
Elon Musk became the richest person on the planet in 2021, and he has held the spot since then.
15 Nov 2022
Elon MuskElon Musk fires Twitter engineer who 'corrected' him about RPCs
Elon Musk is not done axing Twitter employees. Unlike when he fired roughly 50% of the company or thousands of contractors, it's a single employee this time.
15 Nov 2022
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, XRP
Bitcoin has climbed 5.0% over the last 24 hours, trading at $16,789.92. It is 18.5% lower than the previous week.
14 Nov 2022
InflationWholesale price-based inflation eases to 8.39%, lowest since March 2021
Wholesale price index (WPI), which determines the price of products at the wholesale stage, eased in October, as per the government data shared on Monday.
14 Nov 2022
Stock MarketSensex drops below 61,600 mark, Nifty settles at 18,329
On Monday, major indices of the stock market ended in the red with Sensex falling by 0.28% to 61,595.02 points and Nifty declining 0.11% to close at 18,329.15 points.
14 Nov 2022
CryptocurrencyWho is Nishad Singh, the Indian-origin executive who ran FTX?
FTX, once the third-largest cryptocurrency exchange in the world, and its talismanic leader Sam Bankman-Fried have fallen from the upper rungs of the crypto universe.
14 Nov 2022
BitcoinToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Solana rates
Bitcoin has lost 5.0% in the last 24 hours, trading at $16,001.49. It is 23.5% down compared to last week.
13 Nov 2022
CryptocurrencyCryptocurrency prices today: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has gone up by 0.5% in the past 24 hours to trade at $16,853.12. Compared to last week, it is 20.8% down.
12 Nov 2022
Adani GroupAdani Group opens offer to buy additional 26% NDTV stake
The Adani Group officially confirmed on Friday that its open offer to buy an additional 26% public shareholding in the NDTV, one of the leading news networks in the country, would open for subscription between November 22 and December 5.
12 Nov 2022
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has shed 2.5% over the last 24 hours, trading at $16,756.58. It is 20.8% lower than the previous week.
12 Nov 2022
SmartwatchesWearables segment in India grew 56.4% YoY in Q3: IDC
According to IDC's (International Data Corporation) India Monthly Wearable Device Tracker, the total shipments for the third quarter (Q3) of this year stood at 37.2 million units, up 56.4% from the 23.7 million units shipped in the same quarter in 2021.
11 Nov 2022
Paul AllenMicrosoft co-founder's collection fetches $1.6bn in most expensive art auction
Paul Allen, the late co-founder of Microsoft, was known for revolutionizing computing. However, he was also an avid art collector.
11 Nov 2022
SensexSensex surges 1,181 points, Nifty settles above 18,300 mark
The stock market on Friday closed in the hands of the bull as the Sensex rose 1.91% to 61,795.04 points, while the Nifty climbed 1.75% to 18,349.7 points.
11 Nov 2022
AppleApple registers record $191bn market value surge in single day
As tech companies around the world crumble under the weight of a slowing economy, there is one tech giant that is still standing tall - Apple.
11 Nov 2022
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has risen 3.2% over the last 24 hours to trade at $17,236.51. It is down 14.7% from last week.
11 Nov 2022
Elon MuskElon Musk warns Twitter staff of bankruptcy as chaos deepens
In his first all-hands with Twitter employees, Elon Musk painted a bleak picture of the company's future. During the meeting, Musk raised the possibility of the company going bankrupt.
11 Nov 2022
Elon MuskMusk wants Twitter employees to come to office; ends work-from-home
In Elon Musk's first email to Twitter staff, he reversed the company's permanent work-from-home policy.
10 Nov 2022
Meta#NewsBytesExplainer: Major tech layoffs in the post-pandemic era
The year 2022 has been a weird one for tech-based companies around the world. Following a decade of riding the stock market bull and a pandemic peak, they are now faced with a glum post-pandemic reality.
10 Nov 2022
Stock MarketSensex slips 420 points, Nifty settles below 18,050 mark
The benchmark Sensex and Nifty indices witnessed a slump on Thursday. While the Sensex slipped 419.85 points, or 0.69%, to 60,613.7 points, the Nifty shed 128.8 points, or 0.71%, to 18,028.2 points.
10 Nov 2022
CryptocurrencyBinance backs out of FTX deal hours after takeover bid
Binance has called off the FTX rescue operation a day after announcing a non-binding deal to buy its rival exchange. The world's largest exchange reached the decision after going through FTX's books as part of due diligence.
10 Nov 2022
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Solana
Bitcoin has dropped 10.9% in the past 24 hours to trade at $16,441.35. Compared to last week, it is 18.5% down.
