Streaming giant Netflix is reportedly slashing its spending by $300 million this year, including related to hiring....

Elon Musk-run Tesla has recalled over 1.1 million electric vehicles (EVs), or nearly all the vehicles it has sold in China, in response to a braking problem....

US-based autonomous delivery robot startup Nuro has announced that it will be laying off 30 per cent of its workforce, or about 340 employees, as part of a restructuring intended to extend its capital runway. ...

US President Joe Biden and Congressional leaders from across the aisle will meet again on Friday as their first meeting ended in a stalemate to help resolve the impending interest payment debt default crisis after a contentious confrontation at the Oval Office....

India saw the shipment of 25.1 million wearable units in the first quarter of 2023, registering a strong 80.9 per cent (year-over-year) growth but remained flat quarter-over-quarter, a report showed on Wednesday....

Tech distribution and logistics platform Ripplr on Wednesday said it has raised $40 mn in a Series B round led by Fireside Ventures....

A mechanical engineer and a postgraduate from the Indian Institute of Management, Bengaluru's Abhilash Lal is the person who is ensured to take the Wadia group's low cost airlines Go Airlines (India) Ltd out of turbulence. ...

Global networking giant Cisco Chair and CEO Chuck Robbins on Wednesday met Prime Minister Narendra Modi, and discussed how the company has doubled down on manufacturing to boost exports from the country. ...

Paramount Media Networks laying off 25 per cent of its workforce, along with shutting down MTV News, "because of "pressure from broader headwinds like many of our peers"....

India's ecosystem of suppliers will help drive Walmart's goal of exporting goods worth $10 billion annually from the country by 2027, the company's President and CEO Doug McMillon said on Wednesday....