Accolite to raise headcount in India by over three-fold to 8,500 in 3 years

The company at present has 2,600 professionals globally out of which 2,400 are based out of India where it has 6 digital labs located in Bengaluru, Hyderabad, Gurugram, Chennai, Mumbai and Pune.

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Startup funding declines 40 per cent in April-June: PwC report

Software as a Service (SaaS) and fintech companies had the highest share of funding in the second quarter of Calender Year (CY) 2022, totalling more than USD 3.1 billion, the report said.

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Bank of Spain includes Binance in its crypto registry

Binance, which has about 120 million users worldwide, tweeted on Friday that its registry in Spain will allow it to offer crypto asset exchange and custody in the country in compliance with the central bank's rules.

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Rolls Royce, EDF among winners of UK greenhouse gas removal tech funding

Britain has said greenhouse gas removal technology will be essential to help it meet its climate target of net zero emissions by 2050, but currently just a handful of small projects are in operation globally.

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Fed's Lael Brainard urges swift action on regulating cryptocurrencies

The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, Federal Reserve Vice Chair Lael Brainard said on Friday

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Analysis: Twitter has legal edge in deal dispute with Elon Musk

Elon Musk's main claim against Twitter is that the San Francisco-based company breached their deal because it will not share with him enough information to back up its claim that spam or fake accounts constitute less than 5% of its active users.

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Twitter workers brace for more 'circus' after Elon Musk torpedoes deal

Musk said Twitter breached multiple provisions of a $44 billion merger agreement struck in April, including by failing to turn over sufficient data on spam accounts and letting go of some executives and recruiters. Twitter's chairman said the board planned to pursue legal action to enforce the deal.

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