After announcing plans to acquire Blinkit, Zomato's stock dropped 6.6% on Monday and 8.4% on Tuesday, cutting $1.1B from its market value — Zomato Ltd. lost about $1.1 billion of market value in two days after the food-delivery platform announced the acquisition of loss-making quick-commerce …
Airbnb makes its ban on parties at rented properties, introduced in 2020, permanent, saying the ban “became much more than a public health measure” — But a 16-person cap on rentals has been removed — In 2020, Airbnb introduced a temporary ban on house parties and events …
Privacy advocates say the SmartLINK app, an alternative to ankle monitors, helped ICE increase the number of people it tracks from 6K to 230K within three years — ICE says the phone-based app is not meant to conduct “surveillance”—and a quick test didn't raise red flags.
After Twitter gives Elon Musk access to its firehose and historical tweet data, experts doubt the data will provide conclusive answers on spam and bots — Billionaire has access to the company's fire hose of tweets, but data specialists say analyzing it isn't easy
An interview with Arm CEO Rene Haas on the company's plans to pursue M&A deals and expand hiring following its IPO, after Arm China transitioned its leadership — Chief executive Rene Haas lays out ambitious course of expansion for the UK chip designer despite tech downturn
Indian startup Solv, a B2B marketplace for SMBs, raised a $40M Series A led by Japan-based SBI Holdings, bringing its total funding to nearly $80M — Solv, a B2B digital marketplace for Micro, Small and Medium Enterprises, has raised $40 million in its Series A funding round led …
Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company “does not form part of [its] core strategic focus” — An arm of South African internet giant Naspers Ltd. sold almost $4 billion worth of stock in JD.com Inc. that it got …
Data centers, typically located in suburbs and rural zones, are increasingly being built in urban areas to further reduce internet lag for locals — Companies are pushing more server farms into the hearts of population centers. — In 1930, the telegraph giant Western Union put …
SSD benchmarks show the 256GB 13" MacBook Pro with M2 has ~50% slower read and ~30% slower write speeds than the previous gen 256GB MacBook Pro with M1 — Following the launch of Apple's new 13-inch MacBook Pro with the M2 chip, it has been discovered that the $1,299 base model with 256GB …
Hundreds of documents detail the software bought by China to sift through its vast troves of surveillance data to “predict” who will become troublemakers — The more than 1.4 billion people living in China are constantly watched. They are recorded by police cameras that are everywhere …
Financial Times : A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna ...
