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1 min read

SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance

The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…

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2 mins read

Indian unicorns like Oyo, PayTm and now Uber are shedding flab — resulting in thousands of pink slips

After the textile and auto sector, startups and that too unicorns could be where the next set of pi…

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1 min read

From Paytm to OYO, these Indian unicorns and soonicorns made the most news in 2019

Here are the top unicorns and soonicorns that have been in the news most in 2019, according to P…

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3 mins read

Oyo, Zomato, Amazon, and Flipkart are chasing growth but the very foundation is shaking

India’s biggest startups have been solving its systemic problems to build businesses. But the syste…

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3 mins read

These marquee Indian startups could be lining up for some big-bang IPOs

Startups might be looking at new avenues to raise money. And, thanks to their popularity with consu…

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4 mins read

Oyo, the 'jewel' in SoftBank's startup portfolio, just announced more layoffs in the U.S. weeks after cutting thousands of jobs in India and China

Oyo's layoffs come as other SoftBank-backed companies also restructure with a new focus on profitab…

Megan Hernbroth,Meghan Morris…   


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2 mins read

Oyo, the hotel startup known as SoftBank's 'jewel in India,' has laid off 1,800, becoming the 3rd SoftBank-backed company to cut jobs this week

The startup has been called "SoftBank's jewel in India" for being one of the country's most valuabl…

Melia Russell   


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2 mins read

'We were kings of the world': WeWork's Adam Neumann fostered a culture of superiority at the troubled coworking startup

At risk of not raising enough money to unlock a key bank loan, and running short of cash, WeWork pu…

Theron Mohamed   


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1 min read

Hotels are snapping ties with aggregators after experience goes sour

However, the experience, over the time, turned sour for the aggregators. ET reported an incident in…

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6 mins read

Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India

Many leave cushy Big Tech salaries because they no longer want to watch the booming entrepreneurshi…

Shubhangi Goel,Charissa Cheong   


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4 mins read

Merry Christmas 2023 Wishes and Messages

It is the Christmas season and this is the best time to greet your friends and dear ones with some …

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2 mins read

Chinese hackers targeting Indian WhatsApp users with promise of 'part-time' jobs

In fresh trouble for WhatsApp, which is facing backlash over its upcoming user data policy in India…

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2 mins read

SoftBank-backed companies laid off 2,600 people this week and more than 7,000 in the past year. Here's everything we know.

That figure doesn't include groups of employees like WeWork's 1,000 janitorial staff in the US and …

Meghan Morris   


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2 mins read

SoftBank's Vision Fund has already had another difficult week, and this time its got nothing to do with WeWork

The market has begun to sour on high-risk loss-making companies. For its part, in November, SoftBan…

Bani Sapra   


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6 mins read

James Brains   


Callum Burroughs,Callum Burro…   


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5 mins read

SoftBank launched a whopping new $108 billion fund, and it will only inflate a tech bubble it's creating all on its own

It's not unreasonable to imagine that a second Vision Fund will only exacerbate some of the side-ef…

Shona Ghosh   


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12 mins read

Toons tell the top stories of 2019 ⁠— with a dash of sarcasm

However, it is important to mention that in the run up to the elections that governmen…

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2 mins read

Nikesh Arora will leave SoftBank - what next?

Arora's resignation comes a day after SoftBank gave him the clean chit after a special committee re…