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.
News
Latest Business news, Startup news, Technology news, Politics, General news updates, Viral News from India, MENA and much more
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.
PayTabs Group and Concept Combined Group Partner to launch PayTabs Kuwait
PayTabs Kuwait aims to transform Kuwait’s digital payment landscape with state-of-the-art payment orchestration solutions.
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.
