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Indian food-delivery firm Zomato Ltd has reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million (roughly Rs. 5,350 crore) and $750 million (roughly Rs. 5,732 crore). The development was reported by TechCrunch reported on Tuesday, citing a source familiar with the matter. Zomato and Blinkit did not immediately respond to

Britain’s top court on Monday refused WikiLeaks founder Julian Assange permission to appeal against a decision to extradite him to the US to face spying charges. The court said it refused because the case “didn’t raise an arguable point of law.” Assange, 50, has sought for years to avoid a trial in the US on

Barcelona announced on Tuesday that Spotify will become their main sponsor from next season, with the club’s stadium to be rebranded as Spotify Camp Nou from July. Spotify will also appear on the front of the men’s and women’s team shirts for the next four seasons and on the club’s training shirts for the next

Ireland on Tuesday imposed a fine on Facebook parent company Meta for breaching EU data privacy laws, in the latest action in Europe against the business practices of US tech titans. The fine against the social media giant, which owns WhatsApp, Instagram, and Facebook, amounted to a total of EUR 17 million (roughly Rs. 142

Rosa Bonheur, a French painter and sculptor, has been honoured with a Google doodle on her 200th birthday. Bonheur was born on this day in 1822 in Bordeaux, France. Her aspirations for a career in the arts were unconventional for women of the time. Many of her works exhibited at the prestigious Paris Salon from

Russia’s top lender Sberbank, with its international operations heavily compromised by Western sanctions against Moscow over events in Ukraine, on Tuesday unveiled a range of smart TVs, the latest addition to its technology arsenal. Sberbank has been developing its non-financial businesses, such as e-commerce, technology, and cloud services, in an attempt to combat shrinking margins,

A giant Adolf Hitler bends down and pats a docile Vladimir Putin on the cheek, master to pupil, in a picture posted on Ukraine’s official Twitter account on February 24 — the day the invasion began. The message that follows reads: “This is not a ‘meme’, but our and your reality right now.” This is

SoftBank-backed food service robot startup Bear Robotics has raised $81 million (roughly Rs. 616 crore) in a Series B funding round with investors that include Cleveland Avenue, a venture capital firm founded by a former McDonald’s chief executive. Other investors include South Korean private equity firm IMM and telco KT Corp, the startup’s co-founder and

Former Congress president Rahul Gandhi attacked social media giant Facebook on Wednesday and alleged that it was “worse for democracy”. Gandhi shared a compilation of news reports on Twitter, accusing the social media giant of helping the BJP reach out to voters during the elections. “Meta-worse for democracy,” Gandhi said on Twitter. He also shared

Cybersecurity and space are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday. The Global Risks Report is usually released ahead of the annual elite winter gathering of CEOs and world leaders in the Swiss ski resort

Amazon has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told Reuters on Sunday. The Competition Commission of India (CCI) last month suspended its approval of Amazon’s 2019

China’s New Oriental dismissed 60,000 employees and saw operating income plunge by 80 percent after Beijing enforced new sweeping rules on the country’s private education industry that barred for-profit tutoring last year, according to its founder. Yu Minhong, who founded the company in 1993, published the figures on his official WeChat account on Saturday in a

India’s competition watchdog on Friday ordered an investigation into Alphabet’s Google following allegations from news publishers, saying its initial view was that the tech giant had broken some antitrust laws. In its order, the Competition Commission of India (CCI) said Google dominates certain online search services in the country and may have imposed unfair conditions

Apple boss Tim Cook’s pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing on Thursday showed, fueled by stock awards that helped him earn a total of nearly $100 million (roughly Rs. 742.31 crore). In 2021, the median pay for employees was $68,254 (roughly Rs. 50.66 lakh),

Poland’s most powerful politician has acknowledged that the country bought advanced spyware from the Israeli surveillance software maker NSO Group, but denied that it was being used to target his political opponents. Jaroslaw Kaczynski, the leader of Poland’s ruling conservative party, Law and Justice, said in an interview that the secret services in many countries

Social media platform Reddit, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs Group for its initial public offering, a source familiar with the matter told Reuters on Friday. Reddit had confidentially filed for an IPO in December and is aiming for

China’s copyright authority said on Thursday digital music platforms are not allowed to sign exclusive copyright agreements except in special circumstances, amid a regulatory crackdown on monopolistic behaviour in the country’s private sector. The National Copyright Administration of China (NCAC) gave the order on Thursday at a meeting in Beijing with influential digital music platforms,

Stephen Hawking’s 80th birthday is being celebrated by Google with a special animated Doodle. It features a two-and-a-half-minute-long video in the physicist’s own computer-generated voice which depicts his contributions to the universe and illustrates the battle of life with his affected health condition — neurodegenerative disease. With his well-known views of black holes and the

Wordle is an easy-to-learn and fun-to-play online game that has garnered a lot of attention as most of us are yet again restricted to our homes due to the rising Omicron cases and dipping temperatures. To play Wordle, you need to accomplish a simple task: guess a secret five-letter word in six attempts. While the

Reliance Retail has bought a 25.8 per cent stake in Dunzo, India’s leading quick delivery player, for $200 million (roughly Rs. 1,490 crore) as it looks to expand its presence in online grocery delivery business. Dunzo raised $240 million (roughly Rs. 1,790 crore) in its latest funding round that was led by Reliance Retail Ventures