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Versa Networks raises $120 Mn in Pre-IPO Funding

SD-WAN-turned-SASE specialist Versa Networks has raised $120 million ahead of its IPO, bringing the company’s total raised to $316 million. The pre-IPO round was led by funds and accounts managed by BlackRock, along with participation from Silicon Valley Bank....

Mark Zuckerberg loses $100 Bn in 13 months

Facebook founder Mark Zuckerberg’s net worth fell $11 billion to $36 billion as the company’s shares dropped a day after it reported dismal quarterly earnings. In its third quarter earnings, the social media giant reported a 50% decline in profits and revenue sliding by 4%, far below analyst expectations. ...

Byju's faces allegations of forceful resignations of its Bengaluru employees

After making news for massive layoffs in Kerala's Thiruvananthapuram, Bengaluru-based Edtech giant Byju's is now facing similar allegations in this city of Karnataka. Sources say that the employees are being asked to immediately resign or face terminations which would affect their career prospectus. ...

Amazon Prime Video secretly storing viewing habits

Technology companies has made their system robust with use of Artificial Intelligence ( AI), they can even see what all we doing, our habits, likes and dislikes, expenditure patterns and they can predict what are you next going to buy, as our smartphone listens to our conversations and it records also. ...

The IT rule enable an environment in which the government is safe but everyone else is unsafe, says Sibal

On Saturday, Kapil Sibal, Former Union minister said that the new amendments enable an environment in which the government is safe but everyone else is unsafe. ...

Check Point Software Brings Faster, AI-Enabled Network Security for On-Premise, Cloud and IoT

Check Point® Software Technologies Ltd. (NASDAQ: CHKP) introduces Check Point Quantum Titan, a new release of the Check Point Quantum cyber security platform. ...

Apple to run app-related ads on App Store

Apple will begin running app-related ads in the Today tab of the App Store starting from today, in all countries except China. The Today tab on the App Store features a hand-curated list of apps picked by the Apple staff, with no paid placement options. ...

Triller launches Metaverz

Short-video platform Triller Inc has launched a new platform called Metaverz. The metaverse platform provides virtual spaces where users can gather to watch live music and sporting events and interact with artists and other fans. Metaverz is accessible via any internet-connected device, through a browser. ...

CCI fines MMT-Go and OYO with Rs 392 crore for unfair practices

Online travel firms Make My Trip-Goibibo (MMT-Go) and hospitality services provider OYO were slapped with penalties of Rs 223.48 crore and Rs 168.88 crore respectively, totalling more than Rs 392 crore by the Competition Commission of India (CCI). ...

Adani Group to acquire Air Works

As part of its growing defence portfolio, the Adani Group is set to acquire Air Works, one of India’s biggest and highly diversified aircraft Maintenance, Repair and Overhaul (MRO) companies with the largest pan-India presence across 27 cities. ...