Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
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...
₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the roadBike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles des...
From N Chandrasekaran to Campbell Wilson: A look at some of India Inc’s biggest names who are walking out in 2026India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies...
Didi plans to invest over $200 million in Argentina, manager saysThe company is seeking to expand its business in Latin America, where it has a strong presence in Brazil and Mexico, but sees significant...
Uber, Eternal, Porter quit Karnataka gig and platform workers welfare boardThe state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yulu have responded positively and ag...
Delivery Hero lifts 2026 outlook on strong growth amid Uber takeover bidIts gross merchandise value, total value of all goods sold through the marketplace, is now expected to grow 9% to 11% this year, compared ...
“My father could not read and write”: How Dolly Parton’s father inspired her global literacy mission that has sent 270 million books to kids across US, UK, CanadaDolly Parton’s lifelong philanthropy was deeply inspired by her father, who could not read or write. Her personal mission evolved into the ...
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...
Billionaire investor Bill Ackman and his wife donate $400 million for brain research after their 26-year-old daughter suffers massive brain haemorrhage spending weeks in comaBillionaire Bill Ackman and wife Neri Oxman have pledged $400 million to launch the Ackman Oxman Institute, a brain research and rehabilita...
Travis Kalanick on how his relationship with Bill Gurley unravelled over Uber fundraising, leadershipUber cofounder Travis Kalanick detailed his fallout with Benchmark Capital investor Bill Gurley, tracing it to disagreements over fundraisi...
India’s ride-hailing industry weighs zero commission as drivers eye Rs 1.36 lakh moreNew research suggests ride-hailing drivers could earn significantly more annually. This shift is driven by open digital networks and zero-c...
Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
Rapido gets 5-year cab licence from Karnataka government, valid till August 2031Rapido has received a five-year licence from the Karnataka State Transport Authority for its cab services in the state, valid until August ...
Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in yearsInvestor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, I...
Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.