US asset manager Invesco, which had led a $ 700 million fundraising round of Swiggy in Jan 2022, has cut the food delivery firm’s valuation by 33...
The recent selloff in US bank stocks is threatening to push them below a technical threshold that could signal more pain ahead for the Wall Street...
Amazon has acquired audio content discovery engine Snackable AI to strengthen its podcast features for an undisclosed sum, as per the latest media reports. The Snackable AI...
Genemod, a Seattle, WA-based provider of cloud-based workspace collaboration software for biopharma R&D teams, has raised $4.5M in seed funding. The company sells collaborative workspace software that...
Shopify is laying off approximately 20 percent of its employees and leaving its logistics ambitions behind as the e-commerce giant embarks on a massive overhaul—selling off...
The Federal Trade Commission (FTC) has proposed on Wednesday barring Facebook parent company Meta from monetizing kids’ data after it said that the company violated a 2020 privacy...
Samsung has introduced a new policy banning employees from using generative AI tools like Open AI’s ChatGPT and Google Bard in the workplace, as per latest reports....
Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid...
Subway’s bankers have given the private equity firms vying for the sandwich chain a $5 billion acquisition financing plan, hoping to overcome a challenging environment for leveraged...
OpenAI, the company behind the groundbreaking AI chatbot ChatGPT, has closed a more than $300 million share sale at a valuation between $27 billion and $29 billion,...