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Laid off Twitter, Meta workers a talent source for US IT companies

As many of the affected persons are on H-1B work permit, staffing firms find them easy target

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VC fund India Quotient returns maiden fund in cash to limited partners

The rupee-denominated first fund, which began investing in 2013, had a corpus of Rs 32 crore (around $6 million), and has backed 21 startups, including Sugar Cosmetics, LendingKart, IIMjobs and 91mobiles.

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"No way to sugarcoat": read Elon Musk's first email to Twitter employees

Musk wrote an email to Twitter employees, warning them of the times ahead.

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Crypto exchange FTX reopens withdrawals - CoinDesk

The company's website, however, still displayed an earlier message that said it was unable to process withdrawals.

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Elon Musk tells Twitter advertisers he wants to stop fake accounts, pursue truth

Days after Twitter rattled users and advertisers by cutting half its staff, over 100,000 listeners tuned in to hear Musk speak on Twitter's Spaces feature. He was joined by Yoel Roth, Twitter's head of safety and integrity, who has reassured users that Twitter would uphold its policies against harmful content.

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Pi Ventures raises Rs 66 cr from British International Investment for second fund

The investment by UK-based BII, a development finance institution, takes the corpus of Pi Ventures’ Fund-II to about Rs 530 crore, said Manish Singhal, one its founding partners.

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US probes FTX empire over handling of client funds and lending

The investigations by the Securities and Exchange Commission and the Commodity Futures Trading Commission relate to the liquidity crisis at the trading platform that led to a planned buyout of its non-US operations by rival exchange Binance Holdings Ltd..

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...