Tata-Wistron deal complete; InCred to join unicorn club with new fundingIndia’s salt-to-software conglomerate Tata Group will now make iPhones after it completed its acquisition of Wistron on Wednesday. This and...
09 Nov, 2023, 07.32 PM IST
ETtech Explained: WeWork's downfall from $47 billion valuation to bankruptcyThe startup opened its first location in New York City, in April 2011. It focused on leasing office space, rather than buying.
07 Nov, 2023, 01.05 PM IST
WeWork's future: What to know after the company sounds the alarm on its ability to stay in businessOn Friday, the company announced that it would be moving forward with a 1-for-40 reverse stock split in a bid to maintain its listing on th...
18 Aug, 2023, 08.48 PM IST
WeWork to exit 40 US locations to cut costs, revenue outlook disappointsWeWork has been working to curb its real estate footprint and reduce headcount as it grapples with long-term lease obligations that stood a...
10 Nov, 2022, 06.54 PM IST
Facebook-backed Meesho nears $250 million funding from SoftBank Vision Fund, othersThe funding round may double Meesho's valuation to $2 billion — propelling the Facebook-backed startup into the coveted unicorn club.
13 Feb, 2021, 04.12 AM IST
The job cuts keep coming at WeWorkAfter this week’s cuts, WeWork will terminate more jobs over the next month. The company also plans to permanently shutter its on-demand ef...
03 May, 2020, 09.54 AM IST
Tokyo shares end near 8-week high, track Wall Street gains on virus drug hopesThe benchmark Nikkei average advanced 2.6 per cent to 20,193.69, its highest closing level since March 9.
30 Apr, 2020, 01.38 PM IST
Nikkei ends higher for third session as Tokyo emergency triggers short-coveringThe Nikkei share average closed 2.13 per cent firmer at 19,353.24, edging near its March 25 high of 19,564, while the broader Topix gained ...
08 Apr, 2020, 01.26 PM IST
Nikkei hits 3-1/2-year low as panic outweighs stimulus; REITs collapseThe Nikkei average rose as much as 2.6 per cent at one point but closed down 1.04 per cent at 16,552.83.
19 Mar, 2020, 01.42 PM IST
SoftBank-backed Brandless shutters less than 2 years after investmentThe closure marks an embarrassing failure for SoftBank, which is struggling with other investments made by its $100 billion tech fund, incl...
11 Feb, 2020, 09.50 AM IST
SoftBank's Paytm top-up to come with ridersIf an IPO doesn't take place in 5 years, then SoftBank will have the right to sell its stake to a rival.
14 Nov, 2019, 08.33 AM IST
Twitter, TrustBridge help ShareChat close $100 million roundFirm plans to use funds to hire tech talent; may set up centre in Silicon Valley.
16 Aug, 2019, 04.35 PM IST
Nexus Venture Partners joins others to book a spot at Zolo for Rs 26 croreZoloStays chief executive Nikhil Sikri said that the less-than-two-year-old venture will use the proceeds towards expansion and to further ...
16 Jan, 2017, 08.54 AM IST
Startup India: Silicon Valley investors pitch for easier normsAs the government readies an action plan for startups, an investors' body today sought tax incentives on investments and easier norms.
15 Jan, 2016, 06.26 PM IST