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Say whatever you want but don't compare me to Ankur Warikoo: Ashneer Grover
Entrepreneur Ashneer Grover recently said he was "offended" after a student mentioned that most entrepreneurs are turning into influencers nowadays and there are "a lot of similarities" between Grover and Ankur Warikoo. Grover added, "You can say whatever you want to me...But don't compare me to Ankur Warikoo." Grover made the remarks at the Institute of Management Technology in Ghaziabad. readmore...
Nykaa's CEO of wholesale business, 4 other executives resign
Nykaa's Chief Commercial Operations Officer Manoj Gandhi, Chief Business Officer of fashion division Gopal Asthana, and CEO of wholesale business Vikas Gupta and two other executives have resigned, a spokesperson told Reuters. Some of these exits are part of standard annual appraisal and transition process, wherein, people exit due to performance or for other opportunities, the spokesperson added. readmore...
Number of court visits tending towards number of airport visits: Ashneer Grover
BharatPe's former Managing Director Ashneer Grover tweeted that the number of his visits to court are "tending towards number of airport visits". He also shared a picture of himself with a caption, "If Court Look was a thing." His tweet comes amid reports that BharatPe Co-founder Shashvat Nakrani is set to sue Grover over "unpaid shares". readmore...
Who is Grammarly's new CEO Rahul Roy-Chowdhury?
Grammarly's new CEO Rahul Roy-Chowdhury is currently the company's Global Head of Product. Before joining Grammarly in 2021, Roy-Chowdhury spent more than 14 years at Google. He has also worked at Solidcore Systems, Amazon and Lazard. He holds a Master's degree in computer science from Columbia University and an MBA from Stanford Graduate School of Business. readmore...
Made more money as influencer last year than I did through MBA, startup: Ashneer
Ashneer Grover recently revealed he made more money last year as an influencer than he ever did through MBA, startup or bank. Speaking about becoming an influencer, he said, "I don't think of it as derogatory." Grover, who co-founded BharatPe and appeared on Shark Tank India's first season, said his popularity is at an all-time high due to social media. readmore...
I have been an angel investor for 5 years now: Mira Rajput Kapoor
Celebrity influencer Mira Rajput Kapoor said she has been investing as an angel investor in early-stage beauty and wellness brands for five years now. "I started angel investing because I saw that opportunity with my husband," Kapoor said. She has invested in yoga startup SARVA Yoga, plant-based nutrition supplement brand Wellbeing Nutrition and organic grocery company Zama Organics. readmore...
FTX to sell stake in Web3-focused Mysten Labs for $95 mn
Defunct crypto exchange FTX said that it would sell its preferred stock in Web3 firm Mysten Labs, the startup behind Sui blockchain, for nearly $95 million. In 2022, FTX paid nearly $102 million for shares and token warrants of Mysten. This comes amid the ongoing efforts of new FTX management which is trying to recover assets to clear liabilities. readmore...
FAME scheme for EV firms should be extended: Parliamentary panel
A Parliamentary Committee on electric vehicles (EVs) has suggested the government extend benefits under the FAME India Scheme by two more years. "Removal of government support would result in price escalation of EVs significantly," the panel said, adding, "A large number of start-ups are...involved in this field, which may have to shut down once the FAME II is closed." readmore...
Ford sees EV unit as a startup, expects it will lose $3 bn this yr
Ford Motor has said its electric vehicle business incurred a pretax loss of $3 billion in the last two years, and the same amount of loss is expected this year. The EV unit, named 'Model e', should be seen as a startup, CFO John Lawler said. EV startups lose money as they build knowledge and gain market share, he added. readmore...
US' Andreessen Horowitz invests in AI chatbot Character.AI
Silicon Valley venture capital firm Andreessen Horowitz has invested in AI chatbot startup Character.AI. The startup, which has no revenue, has raised $150 million in a new funding round led by Andreessen Horowitz that valued it at $1 billion. As per PitchBook, AI investment in 2023 to date has surpassed the full-year amount in 2020 of $1.5 billion. readmore...
SpaceX launches 56 Starlink satellites, lands rocket at sea
Elon Musk-led SpaceX launched 56 Starlink internet satellites to low-Earth orbit on Friday. A video of the mission showed the first stage of a SpaceX's Falcon 9 rocket, which carried the satellites, coming back to Earth 8.5 minutes after liftoff and landing on a ship off the Florida coast. The satellites were deployed about 65 minutes after launch, SpaceX said. readmore...
Engine issue caused New Shepard rocket crash in Sept: Blue Origin
Jeff Bezos-led Blue Origin revealed on Friday that the September 2022 crash of its New Shepard rocket (NS-23) was caused due to "a thermo-structural failure of the engine nozzle". The engine nozzle broke apart due to excessive temperatures, Blue Origin said. It added that the company expects to return to flight "soon", with a re-flight of the NS-23 payloads. readmore...
British Parliament blocks TikTok on all devices on its network
The British parliament has blocked TikTok on all the devices on its network, following a similar ban on government devices in the UK. "The commissions of both the House of Commons and Lords have decided that TikTok will be blocked from all parliamentary devices and the wider parliamentary network," a parliament spokesperson said. readmore...
Not true: Musk on report of SpaceX's funding plans from Saudi, UAE
SpaceX CEO Elon Musk has denied a recent report that said investors from Saudi Arabia and the UAE were planning to invest in a multi-billion dollar funding round in the company. "Not true," the billionaire tweeted. SpaceX raised $2 billion in 2022 and $2.6 billion in 2020, according to venture capital firm Space Capital. readmore...
16-month-old US chatbot startup with no revenue valued at $1 bn
Character.AI, a 16-month-old chatbot startup founded by two former Google employees in the Silicon Valley, was valued at $1 billion in its latest round of funding. The $150-million round was led by venture capital firm Andreessen Horowitz. As per a company representative, Character.AI doesn't generate revenue but might offer a premium subscription service in the future. readmore...
Neobanking startup Stashfin raises $100 million in debt
Neobanking startup Stashfin has secured $100 million in debt funding from InnoVen Capital and Trifecta Capital, with participation from other domestic investors. The debt round is a follow-up to the $270 million Series C round Stashfin raised in 2022 at a valuation of $730 million. The startup will use the funds to drive growth and enhance customer experience. readmore...
Good Glamm to buy out 100% stake in Organic Harvest, Sirona: CEO
The Good Glamm Group is set to buy out 100% stake in personal care brand Organic Harvest and femtech brand Sirona, CEO Darpan Sanghvi told Moneycontrol. "Between the end of this year and the end of next year, Sirona and Organic Harvest founders will also exit," Sanghvi added. Good Glamm had acquired a majority stake in Organic Harvest in 2022. readmore...
We were never flush with money: WeWork India CEO
WeWork India CEO Karan Virwani told YourStory that the company was "never flush with money" and was lucky to get $100 million funding from its parent WeWork Global during the pandemic. The funding was first used to pay vendors, Virwani said. The co-working space startup last raised ₹550 crore from BPEA Credit in December. readmore...
Nearly 50% of startups in UP run by women entrepreneurs: Govt
Nearly 50% of the startups in Uttar Pradesh are headed by women, said Akshay Tripathi, Special Secretary, Department of IT & Electronics. Out of 8,714 registered startups in the state, 4,305 are run by women entrepreneurs, Tripathi added. The state IT department, a nodal agency for startups, provides extra 50% financial assistance to women entrepreneurs. readmore...
Ashneer summoned by HC in BharatPe Co-founder Shashvat's lawsuit
The Delhi High Court on Friday issued summons to BharatPe Co-founder and ex-MD Ashneer Grover in a case filed against him by another Co-founder, Shashvat Nakrani, over "unpaid shares". Ashneer has to appear before the court on the next date of hearing, which is scheduled for March 28. Earlier, BharatPe's other Co-founder, Bhavik Koladiya, also sued Ashneer over unpaid shares. readmore...
Unacademy plans to merge with Aakash, says report; BYJU’S denies it
SoftBank-backed edtech startup Unacademy is in talks for a potential merger with BYJU'S-owned Aakash, Moneycontrol reported. Unacademy CEO Gaurav Munjal is expected to run the merged entity, while BYJU'S Co-founder Byju Raveendran may get a board seat, Moneycontrol added. The deal will reportedly be a mix of cash and stock. However, BYJU'S and Aakash have denied any such development. readmore...
2nd BharatPe Co-founder sues Ashneer over unpaid shares: Report
BharatPe Co-Founder Shashvat Nakrani has reportedly filed a lawsuit against former managing director and other Co-founder, Ashneer Grover, over "unpaid shares". As per Mint, Shashvat has claimed Ashneer didn't pay for the 2,447 BharatPe shares he bought from him and is now demanding the return of the shares. Earlier this year, BharatPe's other Co-founder, Bhavik Koladiya, also sued Ashneer. readmore...
No angel tax relief to startups in Finance Bill amendments
Startups will get no relief from the change in angel tax provisions in the amendments to the Finance Bill, which was passed in the Lok Sabha on March 24. The angel tax is charged on amounts raised by startups in excess of their fair market value. The change in the angel tax provision was announced in the Union Budget. readmore...
Pessimism is 'overdone' in Indian startup ecosystem: Credit Suisse
Credit Suisse, in its research report, said that after 70 new unicorns emerged in last two years, there is a much-needed pause. "In our view, just like the earlier optimism was overdone, so is this pessimism," it said. The unicorn valuations at 11% was highest in India, against 7% in China and 5% in the US, the report added. readmore...
Byju's to close $250 mn equity fund raise in April: Report
Edtech platform Byju's will reportedly close a $250 million equity fund raise in April at a $22 billion flat valuation. The term sheets are expected to close in about 2-3 weeks, PTI reported citing a source. In October, Byju's raised $250 million from existing investors and Qatar Investment Authority at a valuation of $22 billion. readmore...
Flu season 2022 started a month early, severity is highest in 13 years - The Washington Post
The flu has hospitalized a record number of people this season, underscoring the potential for a perilous winter of respiratory viruses with covid-19 and RSV.
Comment on this story Influenza is hitting the United States unusually early and hard, already hospitalizing a record number of people at this point in the season in more than a decade and underscor… [+7322 chars] readmore...
NASA's James Webb Telescope Captures Stunning Image Of Pillars Of Creation - NDTV
This time, the mid-infrared instrument (MIRI) on board the James Webb Space Telescope managed to capture the ghostly landscape.
Mid-infrared light is particularly good for closely observing gas and dust. Our notion of "surprise" when it comes to astronomy images has slightly changed now that we have a strong lens focused on … [+1538 chars] readmore...
Tom Brady and Gisele Bundchen announce divorce after 13 years of marriage - CNBC
NFL superstar Tom Brady and supermodel Gisele Bundchen said they will divorce after 13 years of marriage.
NFL superstar Tom Brady and supermodel Gisele Bündchen are getting divorced after 13 years of marriage, they announced Friday. "We arrived at this decision amicably and with gratitude for the time w… [+1713 chars] readmore...
Russia ends civilian pull-out before Kherson battle - BBC
An eight-day operation ends in Kherson city as Russian officials prepare for a Ukrainian attack.
Russian officials say they have completed an operation to move civilians out of the occupied southern city of Kherson ahead of an expected battle with advancing Ukrainian forces. At least 70,000 ci… [+4359 chars] readmore...
Study shows link between genetics and response to electroconvulsive therapy - UM Today
Electroconvulsive therapy (ECT) is a treatment reserved for the most severe cases of depression, bipolar disorder and schizophrenia. Positive results are not guaranteed. Could genetic insight in the f
October 28, 2022 — Electroconvulsive therapy (ECT) is a treatment reserved for the most severe cases of depression, bipolar disorder and schizophrenia. Positive results are not guaranteed. Could gen… [+3731 chars] readmore...
Free Fire MAX keeps downloading expansion packs: How to solve - Sportskeeda
Free Fire MAX is one of the most famous names in the mobile battle royale genre. The title has gained millions of downloads and a massive player base with its impressive dynamics and premium graphics.
Free Fire MAX is one of the most famous names in the mobile battle royale genre. The title has gained millions of downloads and a massive player base with its impressive dynamics and premium graphics… [+2878 chars] readmore...
Britain’s first Hindu prime minister is destroying Tories’ pitiful vision of diversity - The Guardian
We should quickly abandon wishful thinking in order to be truly ready for Rishi Sunak
The world has watched in appalled fascination as the UKs ruling party scrapes the bottom of its human resources barrel: it found there its first Black chancellor of the exchequer and then, to clear u… [+6664 chars] readmore...
Rishi Sunak backtracks on £10 missed NHS appointment fines - BBC
Rishi Sunak made the pledge during his first attempt to become Conservative leader earlier this summer.
Prime Minister Rishi Sunak has scrapped a Tory leadership campaign pledge he made to fine patients in England £10 if they miss GP or hospital appointments. He made the pledge during this summer's l… [+3449 chars] readmore...
Intensive BP Lowering Harmful in Acute Ischemic Stroke: ENCHANTED2/MT - Medscape
The ENCHANTED2/MT trial, which was investigating intensive lowering of blood pressure in acute ischemic stroke patients after mechanical thrombectomy, has been stopped early due to safety concerns.
A large randomized trial that was investigating intensive lowering of blood pressure in acute ischemic stroke patients who had undergone mechanical thrombectomy has been stopped early because of safe… [+9545 chars] readmore...
Explore CISA's 37 steps to minimum cybersecurity - Cybersecurity Dive
The agency placed a premium on low cost, high impact security efforts, which account for more than 40% of the goals.
The Cybersecurity and Infrastructure Security Agency released its long-awaited, cross sector cybersecurity performance goals Thursday, in a bid to raise the security baselines. Far from esoteric, the… [+1566 chars] readmore...
Red Bull fined £6m by FIA over Formula One budget cap breach in 2021 season - The Guardian
Red Bull have been fined $7m (£6.05m) after breaching Formula One’s budget cap, the FIA has announced
Red Bull have been given a $7m (£6.05m) fine and a 10% reduction in aerodynamic testing for breaching the 2021 cost cap. The FIAs decision was issued on Friday having concluded an agreed breach agree… [+5138 chars] readmore...
Reports: Elon Musk takes control of Twitter, immediately fires CEO - CBS News
Musk is in charge of the social media platform and has fired its CEO and other executives, numerous reports say. Musk tweeted, "the bird is freed."
Elon Musk has taken control of Twitter and ousted its CEO and at least two other top executives, according to numerous reports. Two people familiar with the deal told The Associated Press Thursday n… [+4897 chars] readmore...
New record-high diesel price next week, petrol also pricier | Fin24 - News24
Fuel prices will increase on Wednesday after the rand weakened and oil price rose in October.
On Wednesday, the price of unleaded petrol (both 93 and 95), will increase by 51c a litre, while diesel will rise by R1.43 a litre. This will push the Gauteng price of diesel to R25.49 a litre - a n… [+1862 chars] readmore...
Supreme Court strikes down law requiring sex offenders to be automatically added to registry - CBC News
The Supreme Court of Canada has ruled that a 2011 change to the Criminal Code requiring sex offenders to automatically be added to the sex offenders registry is unconstitutional.
The Supreme Court of Canada has ruled that a 2011 change to the Criminal Code requiring sex offenders to automatically be added to the sex offenders registry is unconstitutional. In a five to four s… [+5369 chars] readmore...
Azam Khan Disqualified As UP MLA After Conviction For Hate Speech - NDTV
Samajwadi Party leader Azam Khan's assembly seat was declared vacant by the Uttar Pradesh speaker this evening, formalising his disqualification as the MLA from the Rampur seat.
Samajwadi Party leader Azam Khan's assembly seat was declared vacant by the Uttar Pradesh speaker this evening, formalising his disqualification as the MLA from the Rampur seat. Mr Khan, Vidhan sabh… [+1461 chars] readmore...
Synthesizing quantum nanomagnets via metal-free multi-porphyrin systems - Phys.org
A team of researchers at Shanghai Jiao Tong University, working with a pair of colleagues from Harvard University, has developed a new way to synthesize single quantum nanomagnets that are based on metal-free, multi-porphyrin systems. In their paper published…
A team of researchers at Shanghai Jiao Tong University, working with a pair of colleagues from Harvard University, has developed a new way to synthesize single quantum nanomagnets that are based on m… [+2735 chars] readmore...
Fencing Commences 2022-23 Campaign With Temple Open - Penn Athletics
PHILADELPHIA – The University of Pennsylvania's men's and women's fencing teams open their regular season this weekend with the Temple Open, joining 21 varsity and three club teams from around the country.
Thanks for visiting ! The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy. We ask that you consider turning off your ad blocker so we can deliver… [+81 chars] readmore...
Two new Covid variants found in UK with hundreds of cases detected - The Independent
The UK Health and Security Agency has warned rapid growth has been identified in the strains
Sign up for our free Health Check email to receive exclusive analysis on the week in health Get our free Health Check email Two new strains of coronavirus have emerged in the UK, health officials h… [+2669 chars] readmore...
Quentin Tarantino Responds To Kanye West Claims He Stole His Idea For ‘Django Unchained’ - Deadline
Quentin Tarantino is setting the record straight on Kanye West’s claims that the director stole his idea for the plot for his Oscar-winning film Django Unchained. West made the claim in an interview earlier this week with Piers Morgan, telling Morgan he pitch…
Quentin Tarantino is setting the record straight on Kanye West’s claims that the director stole his idea for the plot for his Oscar-winning film Django Unchained. West made the claim in an interview… [+1331 chars] readmore...
Stock market news live updates: Stocks push higher as Apple boom outweighs Amazon miss - Yahoo Canada Finance
U.S. equities elbowed their way past an earnings miss from Amazon to open higher Friday after a rough week of third-quarter financials from Big Tech.
U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech result… [+3559 chars] readmore...
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