Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
03 Sep, 2026, 08.15 AM IST
Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
02 Sep, 2026, 08.54 PM IST
Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feudAman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born t...
02 Sep, 2026, 02.23 PM IST
Who is Aman Sanger? How the 25-year-old Indian-origin entrepreneur became one of the youngest billionaires after Elon Musk’s SpaceX acquired his AI startup Cursor for $60 billionAman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, the innovator of the AI coding pl...
02 Sep, 2026, 02.20 PM IST
Advertising giant WPP set to axe 1,000 more jobs as AI reshapes the industryBritish advertising group WPP plans to cut up to one thousand more jobs this year. This latest round adds to over eleven thousand job losse...
01 Sep, 2026, 09.58 AM IST
Oracle trims 3,000 India roles; Microsoft places 500 on PIPAround 2% of Microsoft India workforce, which translates to about 400-500 people, may be impacted by a global PIP exercise at the company, ...
01 Sep, 2026, 08.39 AM IST
Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
31 Aug, 2026, 04.01 PM IST
Even AI champs blink on job cutsMeta's decision highlights challenges companies face becoming AI native. Most organizations cannot operate without human workers for now. A...
30 Aug, 2026, 11.05 PM IST
US stocks today: US stocks end lower as Warsh keeps inflation fight front and centreUS stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central bank’s focus on bringing inflation to 2%, raising expectations for a ...
29 Aug, 2026, 01.45 AM IST
PayPal shares crash 13% on reports Advent-Stripe consortium walks away from bidPayPal shares fell 13% after Advent International and Stripe reportedly abandoned plans to acquire the payments giant. The consortium had o...
28 Aug, 2026, 08.54 PM IST
US stocks today: US stocks edge higher as Warsh keeps inflation focus in spotlightWall Street edged higher as Fed Chair Kevin Warsh kept inflation and the central bank's 2% target in focus, prompting traders to raise bets...
28 Aug, 2026, 08.43 PM IST
Advent, Stripe consortium is said to drop pursuit of PayPalThe payments company, once the crown jewel of American financial technology, received a $60.50-per-share bid from Stripe and private equit...
28 Aug, 2026, 07.50 AM IST
Tech layoffs 2026: More than 175,000 workers laid off as Apple, Microsoft, Oracle, Amazon, Meta, TikTok, Uber, LinkedIn as dozens of companies cut jobs amid AI boomTech layoffs are accelerating in 2026 as big companies such as Apple, Microsoft, Oracle, Amazon, Meta, Linkedin, TikTok, Visa and dozens of...
25 Aug, 2026, 07.04 PM IST
Kroger savings club settlement: You may be eligible for payment in $17 million class-action settlement over pricing claims; check eligibility, deadline, payout and moreKroger customers may receive a share of a proposed $17 million class-action settlement. This settlement addresses allegations of overchargi...
24 Aug, 2026, 06.25 PM IST
Peter Thiel's 7 timeless rules for spotting winning businesses: Here is what investors must knowBillionaire investor Peter Thiel advocates backing truly unique businesses rather than merely better versions of existing firms. Drawing fr...
23 Aug, 2026, 11.29 AM IST
Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
20 Aug, 2026, 08.29 AM IST
PayPal in talks with Stripe and private equity firm over sale: reportIn July, Stripe and private equity firm Advent International made a joint offer to buy the digital payments pioneer for $60.50 a share, whi...
15 Aug, 2026, 06.53 AM IST