US Man Claims Indian Executive Replaced Founders, Filled Top Roles with Fellow Nationals After Taking Over
A recent social media post by a US attorney has ignited a fiery discussion about Indian immigrants in the US tech industry.
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.
Epigamia Co-Founder, Rohan Mirchandani Passes Away at 41
Rohan Mirchandani, co-founder of Epigamia, passed away on Friday, December 21, The 41-year-old reportedly succumbed to a heart attack.
Two Tencent Directors Take Exit from Epic Games Board amid Antitrust Investigation
Following a US antitrust investigation, two directors of Epic Games (U.S.) have been removed by Tencent Holdings (China) which owns a minority stake in Epic Games.
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.
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.