Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation
Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation…
India to launch new domain name for banks to fight digital fraud
India to launch new domain name for banks to fight digital fraud India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts…
Sprinklr cuts 500 employees, citing underwhelming business performance
Sprinklr cuts 500 employees, citing underwhelming business performance Sprinklr has cut 15% of its workforce — around 500 employees — due to business performance not meeting expectations. © 2024 TechCrunch.…
Carried interest repeal could stifle investments in startups, NVCA says
Carried interest repeal could stifle investments in startups, NVCA says On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. The tax break allows private equity…
Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman
Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly…
Orgs demand action to mitigate AI’s environmental harm
Orgs demand action to mitigate AI’s environmental harm A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the…
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon doubles down on AI with a massive $100B spending plan for 2025 Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024…
Government agency removes spoon emoji from work platform amid protests
Government agency removes spoon emoji from work platform amid protests According to a New York Times report, on Thursday, the U.S. government’s General Services Administration (GSA) removed the spoon emoji…
Early Meta employee sues for sexual harassment, gender discrimination
Early Meta employee sues for sexual harassment, gender discrimination One of Meta’s earliest employees is suing the company for sexual harassment, sex discrimination, and retaliation, according to a lawsuit filed…
OpenAI now reveals more of its o3-mini model’s thought process
OpenAI now reveals more of its o3-mini model’s thought process In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model,…