WordPress Vs WP Engine: Automattic Offers 9-Month Severence Package to the Quitting Employees
Automattic presented an enhanced offer, a nine-month severance package for immediate departures. The development came on October 16.
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Comedian Kunal Kamra Slams OLA CEO Bhavish Aggarwal Again, Company Faces Government Audit
On October 17, Kamra again took to X to take a jibe at the OLA CEO. On October 10, India's Ministry of Heavy Industries ordered an audit of OLA Electric's service centers.
Bahrain FinTech Bay Joins Forces with Reboot Coding Institute to Launch MENA Innovation Academy
Bahrain FinTech Bay (BFB) has announced the inception of the MENA Innovation Academy (MENA-IA) in partnership with the Reboot Coding Institute.
Plus VC Announced promotion of Zainab Al Sharif to Partner
Plus VC (+VC), the Abu Dhabi, UAE-based early-stage venture capital firm last week announced the promotion of Zainab Al Sharif to Partner.
San Francisco-based AI Accounting Startup Numeric Raises $28M in Series A Round
San Francisco-based AI accounting startup Numeric has scored a substantial $28 million Series A funding round led by Menlo Ventures.
NFRA Imposes ₹2 Cr fine on Coffee Day Auditors, Bans Chartered Accountants
NFRA imposed penalties on auditors involved in the 2019-20 audit of Coffee Day. The statutory auditor was fined INR 2 crore.
Secret Alchemist Welcomes Samantha Ruth Prabhu as Co-Founder, Secures $500K Funding
Mumbai-based aromatherapy-based wellness brand Secret Alchemist onboards Samantha Ruth Prabhu as its newest co-founder, raises $500K from Inflection Point Ventures.
WordPress Vs WP Engine: Mullenweg Unveils an Unconventional Solution to Quell Internal Unrest
Matt Mullenweg unveiled an unconventional solution to quell internal unrest at Automattic, offering dissatisfied employees a lucrative exit strategy.
Google CEO Fires Back at US Antitrust Allegations
Google is gearing up for a lengthy appeal process following a federal judge's antitrust ruling of September against the company.
Tragic Loss: Good Capital Co-Founder Rohan Malhotra Passes Away
Rohan Malhotra, co-founder and managing partner of Good Capital, an early-stage venture capital firm, tragically passed away on October 1 at the young age of 36.
WeWork’s Adam Neumann Gives Investors Their Money Back After Crypto Project Stumbles
Delhi High Court has issued notices to the Enforcement Directorate (ED) and Financial Intelligence Unit (FIU) to investigate the management of WazirX crypto exchange.
NCLAT Adjourns BYJU’s vs Glas Trust Case Hearing to November 6, Byju Raveendran Apologizes to Employees
The Chennai bench of the NCLAT on Tuesday, adjourned the case involving BYJU’s and a group of its US lenders represented by Glas Trust Company LLC.