HSBC is cutting its China digital wealth business Pinnacle by nearly half, reflecting challenges in boosting growth and profitability in th...

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

Troubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in toda...

On Wednesday, ET wrote about how fintechs were adding more than 42% of the new investors in mutual funds every month. And this is not uniqu...

The layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...

Layoffs have now hit Reliance Industries, with its wholesale format JioMart sacking over employees, as per people in the know. This and mor...

Earlier this week TikTok said it has more than 150 million monthly users (nearly half the population) in the US, up from 100 million just a...

India has remained higher than China in rankings for the second straight year in terms of unicorn creation.

With a captive user base and high user engagement, fintechs such as Paytm, PhonePe, and Google Pay are becoming popular with direct-to-cons...

The fundraise follows PhonePe’s recent change of domicile to India and full separation from the Flipkart group. Flipkart doesn’t own any st...

Under this model, companies sell products at much lower prices to customers, provided they place orders as a group. Chinese internet firms ...

Elon Musk’s Twitter, as expected, has begun the process of sacking about half of its 7,500 workers by cutting access to their laptops, emai...

Employees were informed about the change in plan at a town hall meeting helmed by senior technology leaders at the company.

The company had laid off around 1,000 employees already this year as the company repurposed its focus to the ride-hailing and EV business.

Google’s revised Play Store billing policy, which is set to take effect in India on October 31, may bring good news for app developers that...

The People's Bank of China's (PBOC) expected approval of the plan is the latest sign that Ant, a tech giant with financial businesses stret...

"BharatPe is coming up with a state-of-the-art tech-hub in Delhi to house its expanded product and technology team. The company plans to hi...