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We Are Value Not Volume Business: Founder, Interface Ventures
Right now, nobody wants to invest in cash-driven businesses, especially in early-stage ventures. But if the business model is sound and it can be scalable, then there is a lot of…
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US economy rebounds as businesses and consumers show resilience
Records first increase this year at 2.6%, following two quarterly contractions
The US economy rebounded following two quarterly contractions thanks in part to resilient…
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Xiaomi winds down financial services business in India
Xiaomi has quietly discontinued its financial services in India, less than three years after launching payment and lending apps in the key global market, two sources familiar with…
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Unilever recalls Dove, Tresemmé, other dry shampoos over cancer risk
Unilever’s recall pertains to products made prior to October 2021. The move once again raises questions about the safety of aerosols in personal-care products.
…
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NFT MUSIC WILL SOON PUT SPOTIFY AND APPLE MUSIC OUT OF BUSINESS
NFT marketplaces allow artists to easily create NFTs that consist of the music
Marketing models are changing. And the rise of Web3, compounded by the increasing popularity of…
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YouTube’s shrinking ad business is an ominous sign for the battered online ad market
KEY POINTS
YouTube revenue declined for the first time since Google started reporting the division’s earnings separately.
Alphabet’s total quarterly revenue growth…
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Zara owner Inditex to transfer Russian business to Lebanese retail
Zara owner Inditex has reached an agreement to sell its Russian business to a Lebanese retail and real estate conglomerate, the Spanish fashion giant said on Tuesday in a statement…
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WhatsApp down! Users facing problems in sending, receiving messages
Downdetector, a website that tracks online outages across the globe, has shown a sharp spike in the number of users reporting WhatsApp’s outage.
WhatsApp faced its…
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Google fined Rs 936 crore for unfair business practices, second penalty in 7 days
Search engine giant Google has been fined Rs 936 crore for abusing its dominant position in the Android devices market and indulging in unfair business practices.
By…
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Meta plans to lose even more money building the metaverse while its ads business shrinks
KEY POINTS
Meta CEO Mark Zuckerberg sounded flabbergasted at times during a call with analysts explaining his company’s long-term bets.
The company said that “Reality Labs…
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