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PINTEREST CLOUD DEAL
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...- US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
- OpenAI’s $110 billion mega round; Vaishnaw demands fair creator payOpenAI locked in one of the largest private capital infusions in history. This and more in today’s ETtech Top 5.
- Power of ideas Inc: Rise of the Indian origin founderScores of Indian-origin execs in the Valley are quietly building AI startups, which are at the cutting-edge of technology. Surabhi Agarwal ...
- Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demandThe three companies were set to add more than $70 billion combined to their market capitalizations. Shares of Alphabet rose 6% in premarket...
- Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
- Amazon’s sales from international ops remain flat; Growth worries for Snap, PinterestAmazon's net sales from international operations remained largely flat in the quarter ended March 2023. CEO Andy Jassy said in an earnings ...
- Decoding startup angel tax on foreign investors; govt may notify data embassy policy as part of new Data BillPopular deal structures and valuation approaches employed by Indian startups could take a hit as the central government extends angel tax p...
- Tech’s biggest losers in 2022What’s different this time is the companies getting battered are market leaders in their categories, not recent upstarts looking to cash in...
- Is Meta turning into a value stock after crash?Meta is now trading akin to a “value” stock, one that’s cheap on measures such as earnings or book value, rather than a more expensive “gro...
- India-born Parag Agrawal Is Twitter CEO; RBI's crypto movesIn a surprise move, Jack Dorsey said on Monday that he was stepping down from Twitter and handing over the reins of the company he cofounde...
- Few startups corner bulk of funding; RBI rule disrupts auto payIndia's startup ecosystem is in the midst of an unprecedented funding boom, but the top two or three companies in each sector have cornered...
- EV leasing picks up in India; women flock online to learn tech skillsLeasing vehicles has never been big business in India, but in the nascent electric vehicle market, many companies are betting big that it w...
- Tips on creating new SaaS categoriesSoftware as a Service, often shortened as SaaS, is the industry of cloud-hosted software businesses that charge customers a recurring, usua...
- UPI Autopay goes mainstreamYou can now set up automatic monthly payments for your Netflix or Hotstar subscription without a debit or credit card, thanks to the Unifie...
- How Falcon got the edgeIn today's ETtech Morning Dispatch: How Falcon Edge became one of the most active startup investors; The government may set up a cryptocurr...
- Billionaire families reshape Silicon Valley’s venture terrainOver 70% of billionaire families in Asia are investing in venture, which is higher than what's being seen in the U.S. and Europe, where tha...
- Alphabet, Facebook seen acquiring more as startup valuations sagFalling valuations present startup founders with difficult choices: They will have to reduce their cash burn and try to grow to earn back a...
- Money-guzzling tech startups like Uber, Snapchat ripe for fall?Hedge funds and mutual funds are flocking to the market's hottest corner, paying 15 to 18 times projected sales in private-funding rounds, ...
- Cloud computing: How tech giants like Google, Facebook, Amazon store the world's dataThe spectacular technological and business innovations in data storage hide unheralded stars as well as tricky questions.
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