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.

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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.

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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.

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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.

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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.

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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.

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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.

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