According to Nikkei, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller.
Mumbai-born VA Shiva Ayyadurai, 59, who holds four degrees from the Massachusetts Institute of Technology (MIT), including a PhD in biological engineering, took to his Twitter to apply for the position.
The operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory changes over the past few months, multiple founders and investors told us.
With the regulatory overhang on fintechs continuing, and the Reserve Bank of India (RBI) taking steps to regulate various aspects of the sector, investors are expected to remain selective in their approach, leading to potential consolidation in the coming months.
Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession the world went through in 2008-2009 that began with Lehman Brothers collapse.
Meta (formerly Facebook), which sacked more than 11,000 employees in 2022, is reportedly struggling to gain and keep users on its social virtual reality (VR) platform called Horizon Worlds -- its biggest bet to fulfil its $10 billion metaverse dream.
Google has approached the appellate tribunal NCLAT to challenge the CCI order on unfair business practices in the Android mobile device ecosystem, alleging that the decision presents a major setback for its Indian users and businesses, who trust Android's security features and potentially raises the cost of mobile devices.
