The improvement in the operating performance comes even as Zomato's management acknowledged a slowdown in the food delivery business after Diwali, with total orders falling.from Tech-Economic Times https://ift.tt/YCgHwj7
Zomato’s quarterly loss widens to Rs 346 crore, revenue jumps 75%
The improvement in the operating performance comes even as Zomato's management acknowledged a slowdown in the food delivery business after Diwali, with total orders falling.from Tech-Economic Times https://ift.tt/YCgHwj7
Zomato deep in red, but exudes optimism; TikTok fires entire India staff
Zomato is unperturbed by losses widening in the December quarter. The Deepinder Goyal-led food delivery app has reasons to feel confident as consolidated revenue from operations has surged 75% to Rs 1,948 crore.from Tech-Economic Times https://ift.tt/HOhKMNJ
TikTok fires entire India staff, 40 employees given pink slips
As many as 40 people were given the pink slips on Monday after a call and were told that they would be given up to nine months of severance pay, they said.from Tech-Economic Times https://ift.tt/r3lSU6o
Tazapay raises $16.9 million from Sequoia Capital, others in fresh funding
Existing investors Foundamental, January Capital, RTP Global and Saison Capital also participated in the latest round of funding.from Tech-Economic Times https://ift.tt/xMvKuJV
US judge extends FTX founder Sam Bankman-Fried's bail restrictions
U.S. District Judge Lewis Kaplan on Feb. 1 had temporarily barred Bankman-Fried from contacting any current or former employees of FTX or Alameda Research, his hedge fund, after prosecutors raised concerns that the 30-year-old former billionaire may be trying to tamper with witnesses.from Tech-Economic Times https://ift.tt/GDNASaL
Netflix lays out plans to crack down on account sharing
The video-streaming giant said members can now easily manage who has access to their account, transfer their profile to a new account and still easily watch Netflix on their personal devices or log into a new TV.from Tech-Economic Times https://ift.tt/4MD5LH6
Chinese state media, AI companies warn of risks in ChatGPT stock frenzy
ChatGPT, a chatbot developed by US firm OpenAI and backed by Microsoft Corp, gives strikingly human-like responses to user queries.from Tech-Economic Times https://ift.tt/zLESU8B
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