Zepto, one of India’s emerging quick food delivery startups has raised the sum of $200 million in a Series D funding round, drawing unusually high interest from venture capital firms.
Australia’s apex bank, the Reserve Bank of Australia (RBA) has hiked its interest rate for the first time in more than a decade.
Venture capital firm Andreessen Horowitz (a16z) has revealed that it plans to invest $500 million in Indian startups.
BP reported a headline loss of $20.4 billion for the Q1 2022 resulting from its exit from Russia.
In the early trading hours in Hong Kong, the Alibaba stock had a 9.4% pullback, erasing about $26 billion off its value.
Blockchain protocol Algorand has been named the official partner of the Federation Internationale de Football Association (FIFA) as announced on Monday.
As trading operations will continue in the Nordic markets, there is a risk of monetary and reputational damage to Citi. Currently, Citigroup is in talks with regulators and exchanges about the incident.
Warren Buffett confirmed after the concluded Berkshire Hathaway Annual Shareholder Meeting that the firm has topped its holdings on Apple.
Open has attained unicorn status after concluding a Series D funding round led by Indian diversified financial services company IIFL.
The Wikimedia Foundation, the parent company of Wikipedia has suspended all crypto donations on its platform, in the aftermath of a three-month-long discussion about the fate of the cryptocurrencies on all of the Foundation’s affiliated websites.
All three major US stock indices witnessed heavy selling in April 2022 amid concerns about the Fed’s hawkish move in monetary policy tightening.
TikTok is valued at about $140 billion but it wields a very massive control over the global social media ads market which is expected to grow to beyond 20% this year and close to 25% by 2024.
Although Amazon showed a net operating loss during the first quarter, its cloud business showed strong growth providing some cushion to the company’s overall declining revenue.
Intel’s Client Computing Group saw a lower than expected revenue which came in at $9.29 billion.
The company did not announce any guidance for the coming quarter.