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Semicon 2.0 takes shape; Zomato’s Hyderabad layoffsThe government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today's ETtech Top 5.
Quick commerce gains GMV, user share as ecommerce majors lose groundFlipkart and Amazon’s combined share of India’s ecommerce GMV has slipped from 73% in 2019 to 62% in 2025, with quick commerce apps emergin...
Exclusive: Zomato to lay off 250 people as it shuts Hyderabad customer support centreThe Eternal-owned food delivery company is consolidating customer support operations at its Gurugram head office. Zomato, which informed st...
Pinterest finance chief Julia Donnelly to step down in OctoberVikram Naidu, the image-sharing platform's vice president of finance and business operations, will be principal financial officer in the ...
Rakhi rush: Quick commerce sees surge in orders as gifting goes premiumQuick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and growing demand for premium gifts. Ra...
US earnings cycle no longer carried by Mag7 as profits spread across S&P 500US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger reven...
Nvidia rises after signaling longer AI spending runwayThe world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estima...
Salesforce, Anthropic deepen AI partnership to ramp up Claude useSalesforce and Anthropic are expanding their AI collaboration with Claudeforce. This new integration brings Claude's advanced reasoning dir...
Jeff Bezos remembers Dolly Parton in Instagram post, but why inconic singer's fans are criticising Amazon founder and his wife Lauren Sánchez BezosJeff Bezos Dolly Parton Instagram Post: Jeff Bezos paid tribute to Dolly Parton after the country music icon’s death, recalling her generos...
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
Next market winners: Jefferies sees potential in data centers as hyperscalers race for AI capacityHyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-c...
MacKenzie Scott has given away 5 times more than Jeff Bezos despite his $280 billion net worth, 8x greater fortune and 13x more Amazon stockMacKenzie Scott has given away roughly five times more money than her ex-husband Jeff Bezos, even though Bezos has a $280 billion net worth...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...
D2C kitchenware startup Curaa raises Rs 40 crore led by 3one4 CapitalFounded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs kitchen appliances and tools tailor...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
MacKenzie Scott gave a nonprofit $20 million in 2020. Five years later, it got another $50 million after an email and a phone callMacKenzie Scott adopts an innovative philanthropic model that sidesteps the usual grant application process. Instead, her team conducts dis...
Texas woman shocked as Amazon drone drops her package straight into swimming pool in wild delivery fail, she says 'I don’t think I’ll be wanting more deliveries'A Texas woman was left stunned when an Amazon Prime Air drone dropped her package directly into her swimming pool. The bizarre delivery was...
MacKenzie Scott’s $26 billion philanthropy journey, inspired by a college book, stands apart from Warren Buffett and Bill Gates and Melinda French Gates' approach to givingAfter her divorce from Jeff Bezos, MacKenzie Scott revolutionized her philanthropic strategy by emphasizing rapid donations. But her way of...
FSSAI issued 150 notices to food companies in recent months over misleading advertisementsFSSAI has issued more than 150 notices to food companies in recent months over misleading advertisements, false claims and labelling violat...
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