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Netflix dismisses another 300 employees for the second time in 2 months
technology

Netflix dismisses another 300 employees for the second time in 2 months

Published: 3 hours ago

Following the shocking loss of over 200,000 subscribers in the first quarter of this year, streaming giant Netflix Inc. has laid off an additional workforce of 300 employees which accounts for 3% of i....

Cashify bags USD 90 million in fresh funding from Prosus and NewQuest
business

Cashify bags USD 90 million in fresh funding from Prosus and NewQuest

Date: June 24, 2022

Cashify has reportedly bagged USD 90 million in Series E funding from Prosus, and NewQuest Capital Partners, with additional participation from existing investors such as Bessemer, Olympus Capital, an....

U.K. inflation now at a 40-year high as food & energy prices shoot up
world

U.K. inflation now at a 40-year high as food & energy prices shoot up

Date: June 23, 2022

With the highest rate among the G7 countries, rising food prices last month have driven the inflation level in the U.K. to a 40-year high of 9.1%, highlighting the depth of the cost-of-living cri....

Automaker MG Motor teams up with Siemens for a sustainable future
business

Automaker MG Motor teams up with Siemens for a sustainable future

Date: June 22, 2022

MG Motor India has reportedly teamed up with Siemens AG to use cutting-edge digital technologies (such as IoT, Big Data, MindSphere, and plant simulation) to boost productivity, conserve energy and mo....

Volvo found testing its hydrogen-powered fuel cell electric trucks
technology

Volvo found testing its hydrogen-powered fuel cell electric trucks

Date: June 21, 2022

Volvo Trucks has reportedly begun testing its vehicles that run on hydrogen-powered fuel cells, whose range is expected to increase by up to 1,000 kilometers or about 621 miles. Gothenburg-based tr....

Early Omicron protection unlikely to cover the new subvariants: Study
health

Early Omicron protection unlikely to cover the new subvariants: Study

Date: June 20, 2022

As per a recent study, those who had contracted the earliest strain of Coronavirus variant Omicron, which was first discovered in South Africa in November 2021, are likely to be susceptible to reinfec....

Tech behemoths looking to address disinformation to avoid EU penalties
technology

Tech behemoths looking to address disinformation to avoid EU penalties

Date: June 18, 2022

Prominent companies in the technology space like Google LLC, Twitter Inc., Microsoft Corporation, and Meta Platforms Inc. have reportedly joined forces to take a firm stance against the dispersal of m....

Walmart-backed PhonePe seeking USD 10 billion valuation during its IPO
business

Walmart-backed PhonePe seeking USD 10 billion valuation during its IPO

Date: June 17, 2022

Digital payments firm PhonePe is reportedly planning to raise funds during its stock market debut to expand its financial services portfolio as well as deepen its core UPI (United Payments Interface)-....

FTC to probe SoftBank-backed Cerebral for false advertising practices
health

FTC to probe SoftBank-backed Cerebral for false advertising practices

Date: June 16, 2022

According to a letter given to Cerebral Inc. by the U.S. Federal Trade Commission, the antitrust regulator has launched an investigation into the SoftBank-backed mental-health startup. The letter h....

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Netflix dismisses another 300 employees for the second time in 2 months
Cashify bags USD 90 million in fresh funding from Prosus and NewQuest
U.K. inflation now at a 40-year high as food & energy prices shoot up
Automaker MG Motor teams up with Siemens for a sustainable future
Volvo found testing its hydrogen-powered fuel cell electric trucks
Early Omicron protection unlikely to cover the new subvariants: Study
Tech behemoths looking to address disinformation to avoid EU penalties
Walmart-backed PhonePe seeking USD 10 billion valuation during its IPO
FTC to probe SoftBank-backed Cerebral for false advertising practices
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