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Unity Software Inc., which replaced its chief executive officer in October, plans to reduce its workforce by 25%, eliminating about 1,800 jobs in a new round...
Saudi Arabia ranked first in the region for venture capital-funding, according to MAGNiTT analysis. Saudi Arabia achieved first rank across MENA for the first time in terms...
OpenAI has publicly responded to a copyright lawsuit by The New York Times, calling the case “without merit” and saying it still hoped for a partnership with the...
Insurtech startup InsuranceDekho said it has stopped issuing travel insurance to Maldives in “support of national interest” on January 8, following the ongoing controversy of three ministers...
Homegrown venture capital firm Stellaris Venture Partners has offloaded 1% stake in Mamaearth’s parent entity Honasa Consumer Limited via an open market transaction, valuing the total...
Fino Payments Bank, a subsidiary of Fino Paytech Limited, has applied for a small finance bank (SFB) license with the Reserve Bank of India (RBI). In...
India-based loyalty solutions and consumer benefits startup Thriwe strives to double down on investments in the Middle East. It plans to invest $25 million to $30...
Kidbea, a bamboo-based kids’ fashion brand, has raised $1 million in funding in a pre-series A round led by early-stage investment firm Venture Catalysts. The funding...
OpenAI and its financial backer Microsoft are under fire, accused by nonfiction authors Nicholas Basbanes and Nicholas Gage of unauthorised use of their literary works. The...
Apple has agreed to settle a lawsuit in Canada regarding how some of its older iPhones worked. There were claims that these iPhones were intentionally slowed...
