As large-scale layoffs begin at Facebook’s parent company Meta, employees on work visas such as H-1Bs are now faced with uncertainty over their immigration status, with CEO Mark Zuckerberg acknowledging “this is especially difficult if you’re here on a visa” and offering support to those impacted. Meta announced that itContinue Reading
There are no glass ceilings for women and they need to want to dream about themselves, said fashion and beauty e-commerce platform founder Falguni Nayar at the Hindustan Times Leadership Summit 2022. “Let the spotlight of your life be on you. For too long women have been afraid to dreamContinue Reading
Bloomberg | | Posted by Lingamgunta Nirmitha Rao Tesla Inc. Chief Executive Officer Elon Musk sold at least $3.95 billion of the electric-vehicle maker’s shares just days after closing his buyout of Twitter Inc. Musk unloaded 19.5 million shares, according to regulatory filings on Tuesday in New York, his firstContinue Reading
Non-banking financial firm Five Star Business Finance’s initial public offering (IPO) worth ₹1,960 crore is set to open today for bidding for the next two days. The Non Banking Financial Company has fixed the IPO price band at ₹450 to ₹474, Livemint reported. According to reports, the shares of FiveContinue Reading
Billionaire Elon Musk’s social media platform Twitter will introduce an “Official” label for select verified accounts including major media outlets and governments when it launches its new $8 premium subscription product, its early stage products executive Esther Crawford said on Tuesday. Crawford also confirmed that the revamped Twitter Blue subscriptionContinue Reading
The German government may decide this week to block the sale of a chip factory to a Swedish subsidiary of a Chinese company, following a recent compromise over a Chinese shipping firm’s investment in a German container terminal. German company Elmos said late Monday that it was informed by theContinue Reading
Elon Musk’s net worth dropped below $200 billion on Tuesday as investors dumped Tesla Inc shares on fears the top executive and largest shareholder of the world’s most valuable electric-vehicle maker is more preoccupied with Twitter. Musk now has a net worth of $194.8 billion, according to Forbes, with aContinue Reading
PTI | | Posted by Singh Rahul Sunilkumar Audio content app Pocket FM expects to reach an annual revenue run rate (ARR) of USD 100 million by September 2023, the company said on Tuesday. This implies that the company will be able to achieve at least USD 100 revenue byContinue Reading
Video streaming giant Amazon Prime Video has rolled out a mobile-only single user plan worth ₹500 per year. The plan can be availed through the Prime Video app or website, Livemint quoted the company statement. It is an effort by the OTT platform to building on the first mobile planContinue Reading
Three top Indian entrepreneurs have been featured in the Forbes’ Asia’s Power Businesswomen 2022 list. They are among the 20 business leaders who were ranked for their achievements in their current role of running a business with sizeable revenue and demonstrating strong leadership throughout their career, the website stated. SteelContinue Reading