Indian tech firms are looking beyond traditional hubs to set up shop in the US
American headhunters also say that cities like Austin and Seattle are becoming technology hubs.
After WeWork debacle, founders forced to chase profit, not just funds
The depleting market value of global startups has raised alarm bells ab...
What’s an economic reform, as we know it?
What we are seeing is a complete overhaul of the operating system of Indian business.
The sharing and renting economy sees a bloom amidst the slowdown
The sharing and renting economy appears to be steadily growing among millennials averse to acquiring assets.
Uber's Dara Khosrowshahi backtracks after calling Khashoggi death a 'mistake'
The remarks came during a discussion about Uber’s relationship with Saudi Arabia, which is the ride-hailing car company's fifth-largest investor.
Gig economy weighs impact of social security for workers
The government has proposed changes which would ensure gig workers get life and disability cover, health and maternity benefits, old age protection and any other benefit it may determine as helpful. The benefits have not been clearly defined yet, which is making companies anxious as they fear their operational costs will jump.
Uber Technologies will not dial down on its food delivery service-Uber Eats in India
Earlier this month, ET reported that Uber’s food delivery service has seen a significant churn in leadership, with two top executives — India chief Bhavik Rathod and head of central operations, Deepak Reddy — resigning.
Travis Kalanick has sold $882 million of Uber since lockup expired
His latest business is CloudKitchens, which bets on so-called dark kitchens becoming a backbone of the rapidly expanding food-delivery market. The startup got $400 million of funding from Saudi Arabia’s Public Investment Fund in January, valuing it at $5 billion.
Chocolates, dry fruits & crackers are passé: Now, Diwali is all about green gifting
The current size of the digital gifting card market in India is $2 billion.
Despite defections, Facebook officially launches Libra
The Libra Association, the nonprofit that will govern the currency, officially signed on 21 charter members on Monday at the organization's inaugural meeting in Geneva.
View: A strong US consumer won't prevent a recession
The yield curve has inverted, with 10-year Treasury note yields falling below two-year yields.
Uber’s CEO vows to tackle those losses, with help from India
Khosrowshahi says Uber will continue to invest there, and is confident his team can build products that fit not just the Indian market but could also be exported to growth regions of the next decade from the Middle East to Africa.
WeWork woes may hit SoftBank CEO’s empire
Masayoshi Son has pledged 38% of his stake in the Japanese firm as collateral for personal loans from 19 banks, including Credit Suisse Group AG and Julius Baer Group Ltd.
Travis Kalanick sells 20% of his stake in Uber after lockup
Kalanick, who was ousted as Uber’s chief executive officer in 2017, remains one of tech’s richest entrepreneurs. Even after the sale, he still owns 78 million shares in Uber, a 4.6% stake, and has a net worth of about $3.7 billion.
Ecommerce companies are the coolest place for summer internships
Cos like Amazon, Flipkart, Udaan make up for dips in offers from BFSI, automobile and telecom sectors.
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