Oman Investment Authority Invests in Elon Musk’s xAI Artificial Intelligence Venture
On Wednesday, the Oman Investment Authority (OIA) acquired a stake in xAI, a prominent US-based artificial intelligence firm owned by Elon Musk.
Hadia Seema
Journalist at LAFFAZ, Hadia Seema possesses a creative flair as a writer and poet. With a passion for research, storytelling, and the dynamic world of startups, she brings a unique perspective to business journalism. Hadia’s work delves into themes of beauty, identity, and self-expression, blending her love for language and the arts with her expertise in the startup ecosystem. A stalwart in the field, she excels at transforming complex business news into skimmable engaging content that resonates with readers of all levels.
Thrive Becomes Latest Indian Startup to Fold, Citing Lack of Resources
Founded in 2020 by Krishi Fagwani, Dhruv Dewan, and Karan Chechani, Mumbai-based foodtech platform Thrive has shut down its operations.
India Probes Musk’s Starlink Over $4.2 Bn Meth Smuggling Incident
Indian authorities have issued a legal demand to Elon Musk's Starlink, seeking information on the purchaser of a satellite internet device linked to a massive methamphetamine smuggling operation.
Ubisoft Buyout Talks Stall Over Dispute Between Tencent and Guillemot Brothers
The deal would make Ubisoft private, but negotiations have hit a snag. Guillemot Brothers Ltd and Tencent disagree on control of the business post-buyout.
Space Tech startup Pixxel Raises Fresh $24 Mn in Ongoing Series-B Funding Round
Pixxel, a US-India-based space tech firm, has secured an additional $24 million in its ongoing Series B funding round.
Microsoft Hit with UK Lawsuit Over Cloud Computing Licence Practices
Microsoft is facing legal action in the UK over allegations that it is overcharging thousands of businesses for Windows Server software licenses.
UK and Qatar Launch Landmark Climate Technology Partnership
The investment will also extend to startups in the UK and Qatar, specifically those specializing in energy efficiency, carbon management, and green power.
Backed by Shilpa Shetty, WickedGud Scores Fresh ₹20 Cr Funding
WickedGud, a D2C food brand backed by Bollywood actress Shilpa Shetty, has secured ₹20 crore in funding, led by Orios Venture Partners.
Canada Joins Global Crackdown, Sues Google for Anti-Competitive Behavior
Competition Bureau Canada has filed a lawsuit against Google - alleging that the tech giant has exploited its market dominance and employed anti-competitive tactics.
Decoding AI Success: Yann LeCun Insists on PhD for Indian Startups
Yann LeCun stresses that aspiring AI entrepreneurs in India should prioritize pursuing advanced academic degrees - PhD or Master's in fields like artificial intelligence.
Dubbed as “Genocide-Free Cola”, U.K. Witnesses the Rise of Cola Gaza
Incepted in 2023 by a Palestinian activist and businessman Osama Qashoo, Cola Gaza dedicates the proceeds to the maternity ward of Gaza's Al-Karama Hospital.
Bryan Johnson Announces India Trip, Names Poonam Pandey as Sole Believer in His “Don’t Die” Initiative
Bryan Johnson, American tech entrepreneur, and venture capitalist, has finalized his trip to India, scheduled for December, after initially hinting at a visit in October. Johnson announced on X that…
LWL Raises $1 Mn in Pre-Series A Round Led by Rainmatter of Nithin Kamath
Ladies Who Lead (LWL), a Mumbai platform for women in leadership, raises $1M pre-Series A led by Rainmatter of Zerodha's Nithin Kamath.
Meta Appoints Salesforce AI Lead to Helm New Business AI Initiative
Meta hires Clara Shih, former CEO of Salesforce AI, to head a new team responsible for building artificial intelligence tools tailored for businesses.
Ranveer Singh Launches SuperYou Protein Brand in Collaboration with Think9
Bollywood actor Ranveer Singh has collaborated with Think9 Consumer to launch SuperYou, a pioneering brand of protein-rich foods and supplements.
