Paytm will spend up to $127 million to repurchase it shares, the company’s board approved on Tuesday, as the Indian financial services firm looks to calm investors after a tumultuous period that has wiped about 60% value from its shares this year. The Noida-headquartered firm, which went public late last year, made the proposal last…
Slowly but surely, state by state, the U.S. is becoming more cannabis-friendly. As the number of states where weed is legalized (or at least decriminalized) grows, so too does the number of companies building amazing products for cannabis users. Got a friend who partokes and lives somewhere cool about it? Why not upgrade their experience…
It’s official: A U.S. Department of Energy lab produced a controlled nuclear fusion reaction that released more energy than it consumed. On December 5, just after 1:03 a.m., 192 lasers at the National Ignition Facility converged on a small gold cylinder that contained a tiny bead of fuel composed of two isotopes of hydrogen, deuterium…
The U.S. Securities and Exchange Commission (SEC) has officially charged disgraced FTX founder Sam Bankman-Fried (aka SBF) with defrauding investors, it revealed on Tuesday morning follwing his arrest in the Bahamas. The SEC said in a press release that in addition to being charges with fraud regarding equity investors in FTX, he’s also being investigated regarding…
HR organizations are faced with a widening skills gap, economic headwinds and changing expectations around work. It’s no surprise, then, that burnout and exhaustion are widespread in HR, with one survey finding that 42% of teams are struggling under the weight of too many projects and responsibilities. Change starts with personnel and management, some might…
Sunday was a landmark day for both commercial and public space ventures, with NASA’s Orion capsule returning to Earth just hours after the launch of a privately funded and built lunar lander by Japanese company ispace. The two missions — the conclusion of NASA’s Artemis I and ispace’s Mission 1 — are some of the…
TL;DR: Enough to hit the milestones to raise your next round of funding The correct amount of money to raise for your startup is “as much as you need to hit the milestones to raise your next round of funding.” It isn’t rocket science, and yet, the vast majority of founders I talk to are…
Playtika, the Israeli tech company that made its name with through a series of wildly successful online gambling and gaming titles with hundreds of millions of players, is leveling the latest swing of the layoffs pendulum. The company today has confirmed that it is laying of 15% of its staff. Playtika currently employs 4,100, so…
Uber is suing the New York City Taxi & Limousine Commission (TLC), which last month approved a fare hike for ride-hail apps and taxi drivers amid a post-pandemic driver shortage, rising operational costs and higher inflation. The ride-hail company is attempting to prevent an increase in rates it must pay drivers in NYC by December…
Twitter is officially bringing back the Twitter Blue subscription Monday, starting in five countries before rapidly expanding to others, according to Esther Crawford, director of product management at Twitter. Web sign-ups will cost $8 per month and iOS sign ups will cost $11 per month for “access to subscriber-only features, including the blue checkmark,” per…
