Worth more than the GDP of 100+ nations, Atlassian acquires The Browser Company for $610 millionAtlassian acquires The Browser Company for $610 million cash, entering AI browser market with Dia workspace browser to compete against Micr...
05 Sep, 2025, 02.23 PM IST
Atlassian bets on AI browsers with $610 million deal for The Browser CompanyAtlassian will acquire The Browser Company for $610 million, expanding into AI-driven browsers. The deal, funded from cash reserves, closes...
05 Sep, 2025, 10.17 AM IST
Uber's second-quarter results beat Wall Street estimates on ride-sharing demandUber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, send...
06 Aug, 2024, 07.20 PM IST
Reddit prices IPO at $34 a share, in a positive sign for techThe San Francisco-based social media company had estimated that its shares would be priced at $31 to $34. The $34 price put Reddit's value ...
21 Mar, 2024, 07.49 AM IST
Instacart sees upbeat core profit on higher transaction, ad feesIt expects current-quarter adjusted EBITDA, a key measure of profitability, to be between $165 million and $175 million. Analysts expect $1...
09 Nov, 2023, 12.09 PM IST
Birkenstock's stock loses footing in second day on Wall StreetThe second-day drop in Birkenstock shares was deeper than a broad Wall Street sell-off, with the S&P 500 last down about 1%.
13 Oct, 2023, 08.39 AM IST
Wall Street ends sharply lower as chipmakers and megacaps slideThe S&P 500 dropped 1.22% to end at 4,450.32 points. The Nasdaq declined 1.56% to 13,708.34 points, while the Dow Jones Industrial Average ...
16 Sep, 2023, 11.06 AM IST
Public markets pricking the valuation bubble & other top tech, startup stories of this weekAfter a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from...
16 Sep, 2023, 08.03 AM IST
Nykaa Q4 net profit plunges 72%; Centre to regulate high-risk data fiduciaries closelyFSN E-commerce Ventures, the parent entity of omnichannel fashion platform Nykaa, has reported a major decline in its fourth-quarter (Q4) n...
24 May, 2023, 07.43 PM IST
EXPLAINER-Why First Republic Bank failed and what JPMorgan's deal meansFirst Republic's business model was to lure high net-worth customers with preferential rates on mortgages and loans. Its customers have inc...
02 May, 2023, 09.12 PM IST
The boy bosses of Silicon Valley are on their way outTop resignations in recent weeks signify the end of an era at these companies, which are among the most valuable and well-known to emerge f...
11 Aug, 2022, 10.19 PM IST
‘No longer sure bets’: Tech giants are dropping bad news dailyThe drumbeat continued yesterday, as Tesla Inc. Chief Executive Officer Elon Musk told employees the electric-vehicle maker needs to reduce...
05 Jun, 2022, 06.38 PM IST
Equity-raising drought costs US banks $4.6 billion in revenueAs per Dealogic statistics, there was no conventional initial public offering in the US between February 17 and March 14, the longest droug...
20 Mar, 2022, 08.13 PM IST
Swiggy’s Instamart now has over two million transacting usersInstamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru....
30 Nov, 2021, 04.55 PM IST
Zomato may invest $500 million in Grofers to push its quick commerce playIf the deal goes through it will be the largest investment for the food delivery platform. The new round, likely to value Grofers at $1.5 b...
18 Nov, 2021, 09.06 AM IST
Uber sees slowest recovery of ride business in home U.S. market, deliveries more than doubleUber's third-quarter results come just two days after it scored a significant win in its California home market, where voters passed a comp...
06 Nov, 2020, 01.00 PM IST