Bending Spoons to take video platform Vimeo private in $1.38 billion dealVimeo shareholders will get $7.85 in cash for each share they own - a 63% premium to the stock's last close. The companies said the deal is...
From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
Bending Spoons plans to lay off 75% of WeTransfer staff post deal: reportThe Italy-based app company made its fifth acquisition this year when it bought WeTransfer in July. Bending Spoons in February raised $155 ...
Funds transferred to 1.7 crore beneficiaries of Ladki Bahin scheme, says CM ShindeMaharashtra Chief Minister Eknath Shinde announced the expansion of the Majhi Ladki Bahin Scheme to cover 2.5 crore women. The scheme, whic...
How MOVEit breach shows hackers' interest in corporate file transfer toolsGovernments and companies globally are scrambling to deal with the consequences of a mass compromise made public on Thursday that was tied ...
How do I get my money back if I transferred it to the wrong bank account?Though we take so many precautions when we transfer money, mistakes can happen. Your hard-earned money will go to the wrong account if one ...
Supreme Court refuses to transfer pending criminal cases against Azam Khan outside Uttar PradeshThe Samajwadi Party leader had sought transfer of several ongoing criminal cases against him in a special trial court in Rampur outside Utt...
As Parag Agrawal vs Elon Musk battle over 'bots' gets murkier, other bosses jump in; Twitter slams Tesla chief for 'trying to get out of $44 bn buyout deal'The Tesla boss, Musk, is on everyone's radar after he replied to Twitter CEO with a "poop" emoji.
War, market jitters threaten Europe's IPO launch seasonProceeds raised so far this year by companies going public in Europe, the Middle East and Africa are down 79% to $3.1 billion compared to t...
IPOs run out of steam as selloff rattles global equity marketsGlobally, $26.7 billion worth of IPOs have priced, marking a 60% drop from the same period a year earlier. Now, pulled deals are piling up ...
WeTransfer owner cancels IPO, citing market volatilityThe IPO market closely reflects investors' appetite for risk and they tend to become more reluctant to commit large chunks of cash to a sin...
A challenge for app companies to build Chinese rivalsThe new challenge will look at local apps that can potentially replace banned Chinese apps such as TikTok, CamScanner, WeTransfer and UC Br...
DoT not giving clarity on reasons for blocking WeTransfer: Digital rights groupIn response to an RTI filed by digital rights advocacy group Internet India Foundation (IIF) on June 1, DoT said, “It is intimated that inf...
India asks internet service providers to block WeTransfer"At this moment in time, WeTransfer seems to be blocked and unavailable in India," WeTransfer said in a blog post. Founded in 2009 in the N...
US planning two meetings of QUAD nations in a yearAt this stage the Quad member countries are looking to create a evidence of what it means for four democracies to work together and what ca...
How to send really large files from your digital platformAs our appetite for digital media and storage needs grow, the need to send larger files grows too. Hitesh Raj Bhagat offers some advice on ...
Export-Import Bank of India pays 48 crore of its net profit to government"We transferred Rs 339 crore to the government, representing a balance of net profit for the financial year ended March 31, 2014," the bank...