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IPO shake-up ahead; 5G phones drive data boomDue to valuation gaps and market volatility, several new-age startups will rethink their public listing plans. This and more in today's ETt...
Grab-GoTo deal hits snag caused by state-backed holder’s stakeGrab’s planned multibillion-dollar takeover of GoTo has stalled as Telkomsel, a state-linked shareholder, resists selling its 2% stake at c...
Prosus wins conditional EU antitrust nod for Just Eat Takeaway dealProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
Prosus set to win EU nod for $4.74 billion Just Eat deal, sources sayProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
Prosus 'very confident' of early EU antitrust nod for $4.7-billion Just Eat dealProsus said that it is confident of gaining early EU antitrust approval for its €4.1 billion acquisition of Just Eat Takeaway.com. The deal...
Adobe, Figma shelve $20 billion deal after hitting regulatory roadblocksBritain's competition watchdog earlier said on Monday that Adobe would not propose remedies to resolve regulatory concerns regarding the bu...
The Saudi Sovereign Wealth Fund, explainedThe fund, established in 1971 by royal decree, has its headquarters in Riyadh, Saudi Arabia, and offices in Hong Kong, London and New York....
Is Meta losing its way?The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the rea...
Developments at Tata Digital; ride-hailing firms optimisticOur top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions Bi...
Apple gives 'reader' apps on App Store a way around commissions. Who wins & who loses?Apps such as Spotify, Netflix, AT&T's HBO Max & Disney+ are likely to fall in this category.
Digital payments boom againFrom UPI's record growth to Flipkart's social commerce bet and Zomato seeking CCI nod for Grofers deal, here's a quick look at the top tech...
US senators question Apple and Google on app store dominanceThe hearing came a day after Apple said it would begin selling AirTags in direct competition with Tile, which has sold a similar tracking d...
Koo app severs China links, Nazara IPO beginsIn today's ETtech Evening Briefing, Twitter rival Koo app severs China links; Nazara IPO gets subscribed 3.8 times on Day 1 of offering; an...
Uber sees grocery delivery sparking its next wave of growthGrocery delivery is an area that has seen rapid growth following the Covid-19 outbreak.
Uber’s CEO, a seasoned dealmaker, pursues his biggest one yetIn the negotiations, Grubhub had been seeking a ratio of 2.15 Uber shares for each one of Grubhub’s, a person familiar with the talks said....
Uber approaches Grubhub with acquisition offerThe potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt...
Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...